THE MILLENNIUM PROMISE ALLIANCE INC (EIN 203042135) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

DR JEFFREY SACHS

Phone

2128703925

Tax Period

2023-01-01 to 2023-12-31

THE MILLENNIUM PROMISE ALLIANCE INC, founded in 2005, is a community nonprofit in the International Affairs sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROMOTE ACHIEVEMENT OF THE SDGS ON LOCAL & NAT'L LEVELS TO TACKLE THE ROOT CAUSE OF POVERTY.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,330,225

Program Service Revenue $0

Investment Income $17

Other Revenue $5,217

TOTAL REVENUE $1,335,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,410

Fundraising Expenses $42,530

Program Expenses $1,302,937

Other Expenses $1,623,082

TOTAL EXPENSES $1,684,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,335,459	$1,754,898	-0.2%
Expenses	$1,684,492	$1,589,439	+0.1%
Net Income	$-349,033	$165,459	-3.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$61,410

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JEFFREY SACHS	CHAIR OF THE BOARD/CEO	4.00	Officer Director	$0	$0	$0
DR KLAUS LEISINGER	DIRECTOR/CHAIR OF FINANCE	4.00	Officer Director	$0	$0	$0
NANCY BEST	DIRECTOR	1.00	Director	$0	$0	$0
RIEKO SUZUKI KITAOKA	DIRECTOR	1.00	Director	$0	$0	$0
FRANK O'CONNELL	CHIEF FINANCIAL OFFICER	10.00	Officer	$61,410	$0	$61,410

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	No data	No data	No data	No data
2023	$1,335,459	$1,684,492	$484,010	$-349,033
2022	$1,754,898	$1,589,439	$918,307	$165,459
2021	$2,660,492	$2,803,110	$874,550	$-142,618
2020	$2,141,379	$3,057,608	$1,000,545	$-916,229
2019	$2,139,585	$3,028,335	$1,883,289	$-888,750
2018	$7,379,272	$6,339,157	$2,925,251	$1,040,115

THE MILLENNIUM PROMISE ALLIANCE INC