ALLIANCE HEALTH INC (EIN 043468274) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

FRANCIS J GRADY

Phone

6173323366

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE HEALTH INC, founded in 1999, is a community nonprofit in the Health Care sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 204% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 54% operating margin.

Mission

TO PROVIDE SERVICES AND LIVING ENVIRONMENTS FOR ELDERS AND CHILDREN.THE COMPANY SHALL PROMOTE AND PROVIDE SAFE, HEALTHY, QUALITY SERVICES AND LIVING ENVIRONMENTS FOR ELDERS AND CHILDREN WHO CANNOT CARE FOR THEMSELVES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,234,657

Program Service Revenue $0

Investment Income $2,133,712

Other Revenue $3,505

TOTAL REVENUE $5,371,874

Expense Breakdown

Grants Paid $871,895

Salaries & Benefits $1,091,947

Fundraising Expenses $0

Program Expenses $871,895

Other Expenses $523,247

TOTAL EXPENSES $2,487,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,371,874	$1,764,890	+2.0%
Expenses	$2,487,089	$2,367,270	+0.1%
Net Income	$2,884,785	$-602,380	-5.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,562,049

Total Directors

$600,345

Key Employees

$1,732,502

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCIS J GRADY	PRESIDENT & CLERK & CEO	39.00	Officer Director	$532,251	$68,094	$600,345
LINDA CORRIDAN RN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TAMMY BRUNETTI	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW R CALKINS	DIRECTOR	1.00	Director	$0	$0	$0
ALFRED A GRAY JR	DIRECTOR	1.00	Director	$0	$0	$0
REV JEROME J JANISKO	DIRECTOR	1.00	Director	$0	$0	$0
ERIK M JONES	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR MOURTZINOS MD MBA	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BRUCE RILEY CPA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER ROBBINS MA	DIRECTOR	1.00	Director	$0	$0	$0
PETER B ZAMPINE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL O JENNINGS ESQ	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KEMP	TREASURER & CFO	1.00	Officer	$0	$67,470	$480,922
THOMAS LAVALLEE	SECRETARY & COO	1.00	Officer	$0	$67,470	$480,782
MICHAEL DODOS	CONTROLLER	39.00	Key Emp	$298,086	$0	$298,086
DANIEL MITCHELL	DIRECTOR OF OPERATIONS	1.00	Key Emp	$0	$40,650	$273,680
MARY KILCOMMONS	DIRECTOR OF OPERATIONS	1.00	Key Emp	$0	$18,464	$244,407
ELAINE HANSEN	DIRECTOR OF CLINICAL SERVICES	1.00	Key Emp	$0	$30,618	$251,851
DORIS DAVILA	VICE PRESIDENT OF OPERATIONS	1.00	Key Emp	$0	$5,805	$219,531
WILLIAM FARINA	DIRECTOR OF REHABILITATION	1.00	Key Emp	$0	$43,553	$240,533
SEAN DOYLE	DIRECTOR OF HR	1.00	Key Emp	$0	$17,782	$204,414

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	$5,371,874	$2,487,089	$38,359,836	$2,884,785
2023	$1,764,890	$2,367,270	$33,419,744	$-602,380
2022	$1,989,119	$2,917,638	$33,076,900	$-928,519
2021	$2,507,913	$1,469,603	$31,245,886	$1,038,310
2020	$1,527,415	$1,443,096	$27,452,013	$84,319
2019	$1,399,221	$1,303,817	$23,842,969	$95,404
2018	$2,452,411	$1,722,596	$20,821,783	$729,815

ALLIANCE HEALTH INC