Aceso Global INC FY2020 filing

Tax-deductible

Washington, DC501(c)(3)Health CareEIN 47-4215911Revenue $1.1M in FY2020

On file with the IRSacesoglobal.org1616 P St Nw Ste 210, 20036-1423 · Washington, DCTax-exempt since Nov 2015Publicly supported — 509(a)(2)

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Affordable, high quality health care in emerging markets. Devising solutions and creating value in primary care, hospitals and healthcare networks. Aceso leverages a Global network of experts to address the unique needs of each client.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$130K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $153K a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$130K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.8M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$259K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$875K
To programs
68%
Net assets
$522K
By yearFY2020–FY2024
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$1.2M
FY2023$875K
FY2024$2.4M
Expenses
$875K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$875K
FY2021$930K
FY2022$1.2M
FY2023$924K
FY2024$2.1M
Net assets
$522K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$522K
FY2021$844K
FY2022$873K
FY2023$870K
FY2024$1.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $596K Management & general 22% · $193K Fundraising 10% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $130K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Technology Officer
$130,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Executive Officer
$0Pt VII · Sec A

Gerard La Forgia’s $68K as Ctofounding Director is at the 8th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Gerard La Forgia Scd———$130,000
Jerry La Forgia—$105,678$55,644—
Gerard La Forgia$68,150———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Aceso Global INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides affordable, high-quality healthcare solutions in emerging markets.

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Provided by the organization

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1 program · $596K · in their own filed words · FY2020
01

Aceso provides strategic health care advisory services to strengthen health care systems and achieve affordable, high quality health care in emerging markets. Aceso advises governments, insurers, private equity firms, foundations and nonprofits in diagnosing problems, devising solutions, and creating value in healthcare, including…

$596Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1.8M

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$8K
Money outPt IX
$875K
Ln 25
Programscol B$596K
Managementcol C$193K
Fundraisingcol D$86K
Owns and owesPt X
$522K
net assets · Ln 32
Cash and savingsLn 1–2$165K
Total assetsLn 16$781K
LiabilitiesLn 26$259K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$8K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$165K
Cash and savings togetherLn 1–2$165K
Total assetsLn 16$781K
LiabilitiesLn 26$259K
Net assetsLn 32$522K
OperationsPt I, VI
EmployeesI 59
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1K$165K
Total assetsLn 16$557K$781K
LiabilitiesLn 26$241K$259K
Net assetsLn 32$315K$522K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$130K$81K$32K$17K
Other salaries and wagesLn 7$326K$202K$81K$42K
Other employee benefitsLn 9$25K$16K$6K$3K
Payroll taxesLn 10$41K$26K$10K$5K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$188K$188K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$12K$7K$3K$2K
Information technologyLn 14$6K$4K$1K$734
OccupancyLn 16$108K$67K$27K$14K
TravelLn 17$9K$6K$2K$1K
Conferences, conventions and meetingsLn 19$69$43$17$9
InterestLn 20$828$828
InsuranceLn 23$1K$657$265$138
Other expenses (24a–d)Ln 24$670$670
Total functional expensesLn 25$875K$596K$193K$86K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.4M$2.1M$253K$1.1M 990 PDF
FY2023 $875K$924K−$48K$870K 990 PDF
FY2022 $1.2M$1.2M$29K$873K 990 PDF
FY2021 $1.3M$930K$322K$844K 990 PDF
FY2020 Viewing $1.1M$875K$207K$522K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,081,444 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $773,034$1,073,444
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $13,000$8,000
I-12 Total revenuePrior year $786,034$1,081,444
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $484,056$522,833
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $243,364$351,952
I-18 Total expensesPrior year $727,420$874,785
I-19 Revenue less expensesPrior year $58,614$206,659
Part VI · Governance 7 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,081,444 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,073,444$1,073,444
VIII-6 Net rental income or lossExcluded from tax $8,000$8,000
VIII-12 Total revenueRelated to mission $1,073,444 · Unrelated business $0 · Excluded from tax $8,000$1,081,444
Part IX · Statement of functional expenses $874,785 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $80,600 · Management $32,500 · Fundraising $16,900$130,000
IX-7 Other salaries and wagesPrograms $202,091 · Management $81,488 · Fundraising $42,374$325,953
IX-9 Other employee benefitsPrograms $15,741 · Management $6,347 · Fundraising $3,300$25,388
IX-10 Payroll taxesPrograms $25,725 · Management $10,373 · Fundraising $5,394$41,492
IX-11b Legal feesManagement $6,900$6,900
IX-11c Accounting feesManagement $18,488$18,488
IX-11g Other fees for servicesPrograms $187,792$187,792
IX-12 Advertising and promotionManagement $1,075$1,075
IX-13 Office expensesPrograms $7,239 · Management $2,919 · Fundraising $1,518$11,676
IX-14 Information technologyPrograms $3,501 · Management $1,412 · Fundraising $734$5,647
IX-16 OccupancyPrograms $67,265 · Management $27,123 · Fundraising $14,104$108,492
IX-17 TravelPrograms $5,738 · Management $2,314 · Fundraising $1,203$9,255
IX-19 Conferences, conventions and meetingsPrograms $43 · Management $17 · Fundraising $9$69
IX-20 InterestManagement $828$828
IX-23 InsurancePrograms $657 · Management $265 · Fundraising $138$1,060
IX-24 Other expenses (24a–d)Management $670$670
IX-25 Total functional expensesPrograms $596,392 · Management $192,719 · Fundraising $85,674$874,785
Part X · Balance sheet $781,369 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,289$165,083
X-4 Accounts receivableStart of year $555,437$616,286
X-16 Total assetsStart of year $556,726$781,369
X-17 Accounts payable and accrued expensesStart of year $60,902$9,086
X-24 Unsecured notes and loans payableStart of year $0$94,800
X-25 Other liabilitiesStart of year $500$500
X-26 Total liabilitiesStart of year $241,402$259,386
X-27 Net assets without donor restrictionsStart of year $315,324$521,983
X-32 Total net assets or fund balancesStart of year $315,324$521,983
X-33 Total liabilities and net assetsStart of year $556,726$781,369
Part XI · Reconciliation of net assets $521,983 net assets at year end
XI-1 Total revenue$1,081,444
XI-2 Total expenses$874,785
XI-3 Revenue less expenses$206,659
XI-4 Net assets at start of year$315,324
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$521,983

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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