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Daughters Against Alzheimer's Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831484206 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Daughters Against Alzheimer's Inc?

Daughters Against Alzheimer's Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization that focuses on medical research related to Alzheimer's disease and other dementias. Their mission is to raise awareness and funds for this cause, contributing significantly to collaborative work by the National Institute on Aging's (NIA) Alzheimer's Disease Research Centers across the United States. In 2022, they resumed hosting live events, such as their annual fundraiser, the Battle for the Brain Lip Sync Competition, which successfully generated a grant of $800,000 for Emory's Goizueta Alzheimer's Disease Research Center.


Official website here: www.daughtersagainstalz.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Daughters Against Alzheimer's Inc has received an overall score of 81%, reflecting its strong commitment to accountability and financial practices. The charity's rating is solely based on its accountability and finance score, which emphasizes the organization's transparency and responsible management of funds. This rating suggests that donors can have confidence in how their contributions are utilized.

The organization showcases several strengths, including a fully independent board of directors and comprehensive policies addressing conflicts of interest and whistleblower protections. Additionally, the charity has a solid program expense ratio of 75.34%, indicating that a significant portion of its resources is directed toward its mission-related activities. The charity's adherence to financial oversight, evidenced by its audit and oversight committee, further underscores its commitment to effective governance.

However, the charity received a lower score in the liabilities to assets ratio, which may raise concerns about its financial stability. A score of 0 out of 15 in this area suggests that while the organization performs well in accountability, there may be underlying financial challenges that potential donors should consider. Overall, Daughters Against Alzheimer's Inc demonstrates strong governance practices but may need to address its financial liabilities to enhance its sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Daughters Against Alzheimer's Inc legitimate?

Daughters Against Alzheimer's Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daughters Against Alzheimer's Inc 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: $86,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.daughtersagainstalz.org/

What is the mission statement of Daughters Against Alzheimer's Inc?

Daughters Against Alzheimer's Inc is dedicated to supporting medical research related to Alzheimer's disease and other dementias. Their mission involves raising awareness and fundraising to support collaborative work by the National Institute on Aging (NIA) and its Alzheimer's Disease Research Centers across the United States. The organization is actively engaged in driving funding for these research centers to advance discoveries and advancements in the understanding and treatment of Alzheimer's and related dementias. In 2022, Daughters Against Alzheimer's Inc returned to hosting live events, such as their annual Battle for the Brain Lip Sync Competition, which resulted in significant funding for Alzheimer's research.


Official website here: www.daughtersagainstalz.org/

Who is the CEO of Daughters Against Alzheimer's Inc?

Susan Watson is the Treasurer of Daughters Against Alzheimer's Inc.


Official website here: www.daughtersagainstalz.org/

What is the revenue of Daughters Against Alzheimer's Inc?

Daughters Against Alzheimer's Inc's revenue in 2022 was $746,748.


Official website here: www.daughtersagainstalz.org/

Who are the executives of Daughters Against Alzheimer's Inc and what are their salaries?

There 85 volunteers at Daughters Against Alzheimer's Inc.


Here are 4 key members and their salaries:


Michelle Rooks (Treasurer)
  • Compensation: $86,000
  • Related: $0
  • Other: $0
Susan Watson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Vroon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.daughtersagainstalz.org/

Where can I find the form 990 for Daughters Against Alzheimer's Inc?

Daughters Against Alzheimer's Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.daughtersagainstalz.org/

Learn more at the official website: www.daughtersagainstalz.org/

Mission Statement of Daughters Against Alzheimer's Inc

Daughters Against Alzheimer's Inc is dedicated to supporting medical research related to Alzheimer's disease and other dementias. Their commitment extends beyond mere support; they are actively driving awareness and fundraising initiatives to bolster collaborative work conducted by the National Institute on Aging (NIA) and its designated Alzheimer's Disease Research Centers across the United States. By doing so, they are contributing to global efforts aimed at understanding and ultimately finding a cure for these debilitating conditions. In 2022, following the pandemic, Daughters Against Alzheimer's Inc showcased their commitment with their beloved 5th Annual Battle for the Brain Lip Sync Competition. This event, attended by a sold-out audience, resulted in a substantial grant of $800,000 being awarded to Emory's Goizueta Alzheimer's Disease Research Center. This commitment to fundraising and support for research is a testament to Daughters Against Alzheimer's Inc's relentless pursuit to combat Alzheimer's disease and other dementias.

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Impact




July, 2024

Daughters Against Alzheimer's Inc's impact can be seen in their commitment to supporting medical research related to Alzheimer's disease and other dementias. Through their efforts, they have successfully hosted events like the 5th Annual Battle for the Brain Lip Sync Competition, which raised $800,000 in grant funding for Emory's Goizueta Alzheimer's Disease Research Center. By driving awareness and fundraising, they support collaborative work by the National Institute on Aging-designed Alzheimer's Disease Research Centers across the U.S. This organization's dedication to research and fundraising is crucial in the fight against Alzheimer's disease and its impact on individuals and families.




This information is meant to be a general summary of Daughters Against Alzheimer's Inc. 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.

Revenue
$746,748 (2022)
Expenses
$950,962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $941,803

Assets and Liabilities:

  • Total Assets: $162,821
  • Total Liabilities: $330,851
  • Net Assets: -$168,030

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Organization Details

Founding Year

2018

Principal Officer

Susan Watson

Main Address

3215 WOOD VALLEY ROAD, ATLANTA, GA, 30327

NTEE Category

Code: E12 - Health

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