Overview
What is Alcor Life Extension Foundation?
Alcor Life Extension Foundation, situated in Scottsdale, Arizona, is a nonprofit organization dedicated to promoting and conducting research in various life extension sciences. These areas include cryonics, cryobiology, gerontoology, molecular engineering, and cell repair technology. The foundation's primary mission is to preserve individual lives by maintaining biostasis in their current patients, and potentially restoring health in the future. Alcor offers whole-body cryonic suspension, neuropreservation, and other postmortem and biopreservation techniques. The organization also engages in public education about human cryopreservation and related topics, such as rejuvenation biotechnologies, molecular nanotechnology, and life extension. Alcor leases employees from Employers Resource on a direct reimbursement basis, as it does not have any employees of its own.
Official website here: www.alcor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Stars)
Alcor Life Extension Foundation has received a Zero-Star rating from Charity Navigator, primarily due to a low overall score of 48% based on its Accountability & Finance metrics. While the organization boasts a fully independent board, demonstrating strong governance structure, it falls short in critical areas, such as financial transparency and documentation practices.
The foundation has achieved a perfect score for board independence and has protocols in place for conflicts of interest and material diversion of assets. However, it lacks essential policies like a whistleblower policy and a document retention and destruction policy, which diminishes its accountability profile. Additionally, the financial statements are not subject to an audit or review, raising concerns about its fiscal oversight.
Moreover, while the program expense ratio indicates that a significant portion of expenses supports its programs, the liabilities to assets ratio suggests potential financial vulnerability. Overall, Alcor Life Extension Foundation shows strengths in governance but must improve its financial transparency and accountability standards to enhance its rating and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Alcor Life Extension Foundation legitimate?
Alcor Life Extension Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alcor Life Extension Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $399,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $714,037
For more financial information, click here
Official website here: www.alcor.org
What is the mission statement of Alcor Life Extension Foundation?
The Alcor Life Extension Foundation's mission is primarily focused on preserving individual lives. This is achieved through maintaining biostasis for existing patients and, in the future, for new members when necessary. The ultimate goal is to restore health to all patients in their care. Additionally, the organization funds research to develop more cost-effective and reliable methods for this preservation process. Public education is another key aspect, aimed at fostering growth and supporting these objectives. Notably, the foundation operates without employing staff directly; instead, it leases employees from Employers Resource on a reimbursement basis.
Official website here: www.alcor.org
Who is the CEO of Alcor Life Extension Foundation?
Marji Klima is the Co-Ceo/President of Alcor Life Extension Foundation. The CEO's salary of Alcor Life Extension Foundation is $107,346 and their total compensation is $112,317.
Official website here: www.alcor.org
What is the revenue of Alcor Life Extension Foundation?
Alcor Life Extension Foundation's revenue in 2022 was $3,805,254.
Official website here: www.alcor.org
Who are the executives of Alcor Life Extension Foundation and what are their salaries?
There 6 volunteers at Alcor Life Extension Foundation.
Here are 10 key members and their salaries (Alcor Life Extension Foundation's CEO's salary is $107,346 and their total compensation is $112,317):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $172,077
- Related: $0
- Other: $7,846
- Compensation: $39,000
- Related: $0
- Other: $7,508
- Compensation: $107,346
- Related: $0
- Other: $4,971
- Compensation: $51,500
- Related: $0
- Other: $8,962
Official website here: www.alcor.org
Where can I find the form 990 for Alcor Life Extension Foundation?
Alcor Life Extension Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alcor.org
Learn more at the official website: www.alcor.org
Mission Statement of Alcor Life Extension Foundation
Alcor Life Extension Foundation is dedicated to preserving individual lives. They aim to achieve this goal by maintaining the biological stability, or biostasis, of their current patients. The organization also seeks to place future members in biostasis, with the ultimate aim of restoring health to all patients under their care. Additionally, Alcor funds research into developing more cost-effective and reliable means for preserving lives and provides public education to foster growth in support of these objectives. It's worth noting that Alcor does not employ any staff directly. Instead, they lease employees from Employers Resource on a direct reimbursement basis.
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Impact
October, 2024
Alcor Life Extension Foundation plays a vital role in the field of life preservation through advanced technologies and public education initiatives. By maintaining biostasis, Alcor aims to keep individuals who can no longer sustain biological functions in a state where they may eventually be restored to health. This process is rooted in the application of cryonics, cryobiology, and other innovative biopreservation techniques.
In addition to providing whole-body cryonic suspension and neuropreservation services, Alcor actively engages in the promotion of research across various life extension sciences. Its work encompasses critical areas such as gerontology, molecular engineering, and cell repair technology, contributing valuable knowledge to the scientific community.
Furthermore, Alcor prioritizes public education on human cryopreservation and related topics, covering rejuvenation biotechnologies and preventative health measures. By fostering awareness and understanding of these advanced topics, Alcor not only expands its reach but also enhances the potential for broader acceptance and support of life extension research.
Through these efforts, Alcor Life Extension Foundation significantly impacts the conversation around mortality and the possibilities of life extension, pushing the boundaries of science towards the preservation and potential restoration of human lives.
This information is meant to be a general summary of Alcor Life Extension Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23,110
- Program Service Revenue: $1,818,401
- Gross Receipts: $5,149,633
Assets and Liabilities:
- Total Assets: $27,963,585
- Total Liabilities: $19,546,616
- Net Assets: $8,416,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRYOPRESERVATION
Revenue
$1,760,563
CONFERENCES
Revenue
$57,838
Organization Details
Founding Year
1972
Phone
(480) 905-1906Principal Officer
Marji Klima
Main Address
7895 EAST ACOMA DRIVE 110, SCOTTSDALE, AZ, 85260
Website
www.alcor.orgNTEE Category
Code: U51Z - Science research
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