Alliance For Aging Research
- Assets
- $5.3m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 13
- Location
- Washington, DC
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 54-1379174
Organization Overview
Alliance For Aging Research is located in Washington, DC. The organization was established in 1986. According to its NTEE Classification (H94) the organization is classified as: Geriatrics Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Alliance For Aging Research employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Aging Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Alliance For Aging Research generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RESEARCH TO ENHANCE THE EXPERIENCE OF AGING AND HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY: THE ALLIANCE FOR AGING RESEARCH WORKS WITH PATIENTS, FEDERAL AGENCIES, ELECTED OFFICIALS, AND PARTNER ORGANIZATIONS TO ADVANCE POLICIES THAT SUPPORT RESEARCH AND HEALTHY AGING. OVER THE PAST 35+ YEARS, THE ALLIANCE HAS LED EFFORTS TO INCREASE INVESTMENT IN FOUNDATIONAL RESEARCH, INTRODUCE PATIENT PROTECTIONS, AND HELP ADDRESS THE AFFORDABILITY OF HEALTHCARE. WE ADVOCATE FOR PROGRESS ACROSS A WIDE RANGE OF ISSUES THAT IMPACT HEALTH, ACCESS, AND THE DEVELOPMENT OF THE NEXT GENERATION OF MEDICAL ADVANCES.
HEALTH EDUCATION: THE ALLIANCE FOR AGING RESEARCH CREATES AWARD-WINNING EDUCATIONAL MATERIALS AND LEADS CAMPAIGNS FOR CONSUMERS, PATIENTS, CAREGIVERS, AND HEALTH PROFESSIONALS ON DISEASES AND CONDITIONS WHICH DISPROPORTIONATELY IMPACT OLDER ADULTS. THESE WIDE-RANGING SOURCES ON SUCH TOPICS AS VALVE DISEASE, VISION LOSS, AND PAIN MANAGEMENT, HAVE MADE THE ALLIANCE A WELL-RESPECTED SOURCE OF RELIABLE INFORMATION ON THE HEALTH AND WELL-BEING OF OLDER AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Peschin President And CEO | Officer | 40 | $230,017 |
Lindsay Clarke VP Of Health Programs | 40 | $138,572 | |
Michael Ward VP Of Public Policy | 40 | $130,494 | |
James Scott Chair | OfficerTrustee | 3 | $0 |
Mark Simon Secretary | OfficerTrustee | 3 | $0 |
William Schuyler Treasurer | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faegre Drinker Advisory Services | 12/30/21 | $114,840 |
Berman And Company Project And Website Management | 12/30/21 | $394,333 |
1700 K Street Associates Rental Of Office Space | 12/30/21 | $191,681 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $512,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,750,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,262,886 |
| Total Program Service Revenue | $0 |
| Investment income | $70,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,727 |
| Net Income from Fundraising Events | -$100,459 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,327,176 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $259,349 |
| Compensation of current officers, directors, key employees. | $65,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $820,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $125,895 |
| Payroll taxes | $83,540 |
| Fees for services: Management | $50,228 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,568 |
| Fees for services: Other | $785,286 |
| Advertising and promotion | $438,744 |
| Office expenses | $32,335 |
| Information technology | $26,494 |
| Royalties | $0 |
| Occupancy | $179,230 |
| Travel | $7,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,896 |
| Interest | $370 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,695 |
| Insurance | $5,349 |
| All other expenses | $5,785 |
| Total functional expenses | $3,351,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,895 |
| Savings and temporary cash investments | $419,836 |
| Pledges and grants receivable | $668,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,672 |
| Net Land, buildings, and equipment | $160,385 |
| Investments—publicly traded securities | $3,529,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,855 |
| Total assets | $5,340,574 |
| Accounts payable and accrued expenses | $260,729 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $142,830 |
| Total liabilities | $403,559 |
| Net assets without donor restrictions | $3,429,223 |
| Net assets with donor restrictions | $1,507,792 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,340,574 |
Grants Awarded
Over the last fiscal year, Alliance For Aging Research has awarded $47,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: 2018 FOUNDING SUPPORTING SPONSORSHIP HEALTHY AGING SUMMIT | $25,000 |
North Bethesda, MD PURPOSE: ALZHEIMERS DISEASE 2018 RESEARCH SUMMIT SPONSORSHIP | $10,000 |
Clarksburg, MD PURPOSE: TABLE SPONSORSHIP | $6,000 |
Washington, DC PURPOSE: GALA SPONSORSHIP | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Alliance For Aging Research has recieved totaling $687,326.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $300,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $200,000 |
Edwards Lifesciences Foundation Irvine, CA PURPOSE: GENERIC GRANT APPLICATION | $92,240 |
The Claude Pepper Foundation Inc Tallahassee, FL PURPOSE: EDUCATION | $35,000 |
Advanced Medical Technology Association Washington, DC PURPOSE: PROGRAM SUPPORT | $35,000 |
Biotechnology Innovation Organization Washington, DC PURPOSE: SPONSORSHIP | $15,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
American College Of Gastroenterology Inc Bethesda, MD | $294,139,585 | $33,197,457 |
Research Triangle Foundation Of North Carolina Research Triangle Park, NC | $210,917,305 | $40,089,804 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
American Institute For Cancer Research Arlington, VA | $18,214,497 | $14,242,691 |
Coalition Of Cancer Cooperative Groups Philadelphia, PA | $21,235,863 | $14,701,631 |
Monell Chemical Senses Center Philadelphia, PA | $23,424,187 | $14,213,713 |
Memphis Bioworks Foundation Memphis, TN | $6,047,652 | $238,794 |
Council Of Independent Colleges Washington, DC | $74,304,856 | $12,399,028 |
Johnston-Lee-Harnett Community Action Incorporated Smithfield, NC | $2,342,060 | $13,580,773 |