Assn of Strategic Alliance Professionals Inc

EIN: 043436443 Education

Needham, MA

Total Revenue
$1,360,594
Total Expenses
$1,612,830
Total Assets
$1,096,852
Net Assets
$753,426
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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
1998
Legal Domicile
MA
Principal Officer
Nicole Boston
Phone
7812095011
Tax Period
2024-07-01 to 2025-06-30

Assn of Strategic Alliance Professionals Inc, founded in 1998, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

To empower alliance professionals through education resources and networking to foster expertise in collaborative practices.

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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 $0
Program Service Revenue $1,195,579
Investment Income $38,325
Other Revenue $126,690
TOTAL REVENUE $1,360,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $873,207
Fundraising Expenses $0
Program Expenses $0
Other Expenses $739,623
TOTAL EXPENSES $1,612,830

Year-over-Year Comparison

2024 2023 Change
Revenue $1,360,594 $1,524,208 -0.1%
Expenses $1,612,830 $1,559,267 +0.0%
Net Income $-252,236 $-35,059 +6.2%
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
8
Independent Members
7
Employees
8
Volunteers
22

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
$176,560
Total Directors
8
$176,560
Key Employees
1
$176,560
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Boston CEO President 40.00
Officer Director Key Emp Highest
$163,812 $12,748 $176,560
David Thompson Chairman 1.00
Officer Director
$0 $0 $0
Knut Sturmhoefel Treasurer 1.00
Officer Director
$0 $0 $0
Brooke Paige Director 1.00
Director
$0 $0 $0
Jan Twombly Director 1.00
Director
$0 $0 $0
Sally Wang Director 1.00
Director
$0 $0 $0
Lucinda Warren Director 1.00
Director
$0 $0 $0
R Lynn Richard Director 1.00
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
2025 $1,360,594 $1,612,830 $1,096,852 $-252,236
2024 $1,524,208 $1,559,267 $1,308,374 $-35,059
2023 $1,510,847 $1,385,839 $1,463,304 $125,008
2022 $1,282,437 $1,168,435 $1,219,492 $114,002
2021 $1,035,487 $1,049,305 $973,811 $-13,818
2020 $1,482,222 $1,270,902 $1,038,097 $211,320
2019 $1,451,462 $1,400,085 $874,947 $51,377
2018 $1,443,735 $1,308,585 $776,114 $135,150
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