Alexion Access Foundation
Alexion Access Foundation consistently spends nearly all revenue with minimal assets and no reported executive compensation.
EIN: 208963321 · New Haven, CT · NTEE: E60 · Updated: 2026-03-28
Is Alexion Access Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alexion Access Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alexion Access Foundation
Alexion Access Foundation (EIN: 208963321) is a nonprofit organization based in New Haven, CT, classified under NTEE code E60. The organization reported total revenue of $144.8M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexion Access Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexion Access Foundation is a major nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 49.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110.2M |
| Total Expenses | $110.3M |
| Surplus / Deficit | $-31,468 |
| Total Assets | $101K |
| Total Liabilities | $1 |
| Net Assets | $101K |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Alexion Access Foundation reported a deficit of $31K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alexion Access Foundation's revenue has grown at a compound annual growth rate (CAGR) of 49.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.3% | -9.3% | -23.7% |
| 2022 | +117.4% | +117.8% | -32.2% |
| 2021 | +35.5% | +35.3% | +153.4% |
| 2020 | +25.0% | +25.0% | -1.4% |
| 2019 | +62.1% | +62.1% | -20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alexion Access Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Alexion Access Foundation allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization managing over $100 million in annual revenue. This suggests that executive salaries may be covered by a related entity or that the foundation operates without paid executives, which impacts the interpretation of its operational efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alexion Access Foundation's IRS 990 filings:
- Extremely low reported assets relative to high revenue, suggesting a potential pass-through structure or consolidated reporting elsewhere.
- Zero reported officer compensation despite managing over $100 million in annual funds, which is highly unusual for an independent entity.
- Consistent spending exceeding revenue in multiple periods (e.g., 2023, 2020, 2019), indicating minimal reserve building.
Strengths
The following positive indicators were identified for Alexion Access Foundation:
- High program efficiency, as nearly all revenue is expended annually, suggesting direct application of funds.
- No reported executive compensation, indicating that funds are not being used for high salaries within the foundation itself.
- Consistent growth in revenue over the past decade, from $863,034 in 2011 to over $110 million in 2023.
Frequently Asked Questions about Alexion Access Foundation
Is Alexion Access Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexion Access Foundation (EIN: 208963321) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Alexion Access Foundation spend its money?
Alexion Access Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alexion Access Foundation tax-deductible?
Alexion Access Foundation is registered as a tax-exempt nonprofit (EIN: 208963321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Alexion Access Foundation report only $1 in assets despite over $100 million in annual revenue?
The consistently low asset base, often reported as $1 or in the low hundreds of thousands, despite substantial revenue, suggests the foundation may function as a pass-through entity, disbursing funds rapidly, or its assets are consolidated under a parent organization.
Is the lack of officer compensation across all filings typical for an organization of this size?
No, it is highly atypical for an organization with over $100 million in annual revenue to report 0% officer compensation. This strongly implies that executive salaries are covered by a related entity, likely Alexion Pharmaceuticals, or that the foundation's leadership is unpaid.
How does the foundation manage to spend nearly all its revenue each year?
The consistent pattern of expenses closely matching or slightly exceeding revenue (e.g., 2023: $110,271,931 expenses vs. $110,240,463 revenue) indicates a highly efficient or tightly budgeted operation, possibly designed to disburse funds quickly without accumulating significant reserves.
Filing History
IRS 990 filing history for Alexion Access Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alexion Access Foundation's revenue has grown by 12673.6%, moving from $863K to $110.2M. Total assets increased by 351.7% over the same period, from $22K to $101K. Total functional expenses rose by 12593.2%, from $869K to $110.3M. In its most recent filing year (2023), Alexion Access Foundation reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $101K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110.2M | $110.3M | $101K | $1 | — | View 990 |
| 2022 | $121.6M | $121.5M | $133K | $1 | — | View 990 |
| 2021 | $55.9M | $55.8M | $195K | $1 | — | View 990 |
| 2020 | $41.3M | $41.3M | $77K | $1 | — | View 990 |
| 2019 | $33.0M | $33.0M | $78K | $0 | — | View 990 |
| 2015 | $20.4M | $20.4M | $98K | $0 | — | View 990 |
| 2014 | $8.4M | $8.5M | $100K | $0 | — | View 990 |
| 2013 | $1.3M | $1.5M | $274K | $0 | — | View 990 |
| 2012 | $1.8M | $1.3M | $491K | $0 | — | View 990 |
| 2011 | $863K | $869K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110.2M, expenses of $110.3M, and assets of $101K (revenue -9.3% year-over-year).
- 2022: Revenue of $121.6M, expenses of $121.5M, and assets of $133K (revenue +117.4% year-over-year).
- 2021: Revenue of $55.9M, expenses of $55.8M, and assets of $195K (revenue +35.5% year-over-year).
- 2020: Revenue of $41.3M, expenses of $41.3M, and assets of $77K (revenue +25.0% year-over-year).
- 2019: Revenue of $33.0M, expenses of $33.0M, and assets of $78K (revenue +62.1% year-over-year).
- 2015: Revenue of $20.4M, expenses of $20.4M, and assets of $98K (revenue +143.1% year-over-year).
- 2014: Revenue of $8.4M, expenses of $8.5M, and assets of $100K (revenue +555.3% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.5M, and assets of $274K (revenue -27.6% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.3M, and assets of $491K (revenue +104.5% year-over-year).
- 2011: Revenue of $863K, expenses of $869K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexion Access Foundation:
Data Sources and Methodology
This transparency report for Alexion Access Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.