ALS Hope Foundation

EIN: 233010389 501(c)(3) Medical Research

Philadelphia, PA

Total Revenue
$548,817
Total Expenses
$640,425
Total Assets
$379,128
Net Assets
$281,788
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
PA
Principal Officer
Terry Heiman-Patterson M
Phone
2155682426
Tax Period
2023-07-01 to 2024-06-30

ALS Hope Foundation, founded in 1999, is a small nonprofit in the Medical Research sector that reported $549K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $640K exceeded revenue, resulting in a 17% operating deficit.

Mission

Organization's mission or most significant activities are to provide long-term support to 1) basic and clinical research programs leading to a cure, 2) clinical centers of excellence for the care and treatment of patients with ALS, 3) support programs for patients and care-givers that optimize care and promote independence of the patient., and 4) programs that promote patient and physician education about the diagnosis, treatment and caring for the patient with ALS. The ALS Hope Foundation is working to -establish a team of talented and imaginative scientists who will work cooperatively to accelerate ALS research -provide these researchers with stable funding to ensure that ALS research continues uninterrupted -provide funding for innovative, groundbreaking research across the country where traditional funding sources are not forthcoming.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $546,318
Program Service Revenue $0
Investment Income $2,499
Other Revenue $0
TOTAL REVENUE $548,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,330
Fundraising Expenses $77,480
Program Expenses $276,674
Other Expenses $357,095
TOTAL EXPENSES $640,425

Year-over-Year Comparison

2023 2022 Change
Revenue $548,817 $695,297 -0.2%
Expenses $640,425 $511,768 +0.3%
Net Income $-91,608 $183,529 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
6
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
4
$65,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Heiman-Patterson MD President 1.00
Officer Director
$0 $0 $0
Mike McCool CPA Treasurer 1.00
Officer Director
$0 $0 $0
Lawrence Corrigan Vice President 1.00
Officer Director
$0 $0 $0
Ronald J Patterson Esq Director 1.00
Director
$0 $0 $0
Gary Romano MD PhD Director 1.00
Director
$0 $0 $0
Deborah Santarpio Stanfa Director 1.00
Director
$0 $0 $0
Mary Abood PhD Director 1.00
Director
$0 $0 $0
Mary Kay Turner Director 1.00
Director
$0 $0 $0
Fannette Segal Director 1.00
Director
$0 $0 $0
Gary Curtis Director 1.00
Director
$0 $0 $0
Jamey Piggott Executive Director 40.00
Officer
$65,000 $0 $65,000
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
2025 No data No data No data No data
2024 $548,817 $640,425 $379,128 $-91,608
2023 $695,297 $511,768 $446,074 $183,529
2022 $369,796 $382,340 $281,785 $-12,544
2021 $510,717 $423,987 $328,240 $86,730
2020 $556,827 $419,130 $272,949 $137,697
2019 $398,440 $329,878 $136,414 $68,562
2018 $292,030 $277,619 $80,339 $14,411
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALS Hope Foundation with other nonprofits in Pennsylvania and across the country.