Asbestos Disease Awareness Organization Inc

EIN: 201733163 501(c)(3) Medical Research

Redondo Beach, CA

Total Revenue
$332,179
Total Expenses
$367,789
Total Assets
$198,775
Net Assets
$198,775
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
Linda Renstein
Phone
3104373886
Tax Period
2024-01-01 to 2024-12-31

Asbestos Disease Awareness Organization Inc, founded in 2004, is a small nonprofit in the Medical Research sector that reported $332K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $368K exceeded revenue, resulting in a 11% operating deficit.

Mission

Testing and Education for Asbestos products and Asbestos related diseases

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $332,153
Program Service Revenue $26
Investment Income $0
Other Revenue $0
TOTAL REVENUE $332,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $206,513
Fundraising Expenses $0
Program Expenses $340,787
Other Expenses $161,276
TOTAL EXPENSES $367,789

Year-over-Year Comparison

2024 2023 Change
Revenue $332,179 $283,392 +0.2%
Expenses $367,789 $276,184 +0.3%
Net Income $-35,610 $7,208 -5.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
4
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$120,000
Total Directors
3
$120,000
Key Employees
1
$120,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda Reinstein President 040.00
Officer Director Key Emp Highest
$120,000 $0 $120,000
Kim Cecchini Secretary 001.00
Officer Director
$0 $0 $0
Ellen Costa Treasurer 002.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $332,179 $367,789 $198,775 $-35,610
2024 No data No data No data No data
2023 $283,392 $276,184 $261,304 $7,208
2023 $283,392 $276,184 $261,304 $7,208
2022 $439,318 $310,113 $228,791 $129,205
2021 $159,368 $236,563 $164,255 $-77,195
2021 $159,368 $236,563 $164,255 $-77,195
2020 $298,413 $270,210 $180,151 $28,203
2019 $372,383 $459,666 $164,841 $-87,283
2018 $228,339 $429,713 $267,021 $-201,374
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