THE INSTITUTE FOR ADVANCED LEARNIN… - Form 990 Financial Data

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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

2006

Legal Domicile

Principal Officer

LESLIE MANTIPLY

Phone

4347666792

Tax Period

2023-07-01 to 2024-06-30

THE INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 315% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 84% operating margin.

Mission

IDENTIFYING AND NURTURING RELATIONSHIPS WITH POTENTIAL DONORS AND OTHER FRIENDS OF THE INSTITUTE, SOLICITING CASH, SECURITIES, REAL AND INTELLECTUAL PROPERTY, AND OTHER PRIVATE RESOURCES FOR SUPPORT OF THE INSTITUTE, AND ACKNOWLEDGING AND STEWARDING SUCH GIFTS IN ACCORDANCE WITH DONOR INTENT AND IT'S FIDUCIARY RESPONSIBILITIES.

Program Service Accomplishments

Program 1

Expenses: $421,405 Revenue: $2,569,142

SUPPORT, PROMOTE THE ADVANCEMENT OF, AND FURTHER THE AIMS AND PURPOSES OF THE INSTITUTE FOR ADVANCED LEARNING AND RESEARCH, A VIRGINIA GOVERNMENTAL ENTITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,440,660

Program Service Revenue $66,951

Investment Income $58,942

Other Revenue $61,531

TOTAL REVENUE $2,628,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,405

Other Expenses $421,405

TOTAL EXPENSES $421,405

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,628,084	$633,665	+3.1%
Expenses	$421,405	$656,589	-0.4%
Net Income	$2,206,679	$-22,924	-97.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSIE BARKSDALE	DIRECTOR	1.00	Director	$0	$0	$0
DR BETTY JO FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
DON GIBSON	DIRECTOR	1.00	Director	$0	$0	$0
LOTT ROGERS JR	DIRECTOR	1.00	Director	$0	$0	$0
LENARD LACKEY JR	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE MANTIPLY	PRESIDENT	1.00	Officer Director	$0	$0	$0
DONALD MERRICKS	DIRECTOR	1.00	Director	$0	$0	$0
KUNAL PATEL	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN ROBERTS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ANGELA ANDERSON	TREASURER	5.00	Officer	$0	$0	$0
PAM PATTERSON	SECRETARY	1.00	Officer	$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	No data	No data	No data	No data
2024	$2,628,084	$421,405	$10,882,630	$2,206,679
2023	$633,665	$656,589	$8,407,981	$-22,924
2022	$774,524	$875,142	$8,291,517	$-100,618
2021	$414,700	$615,041	$8,581,171	$-200,341
2020	$1,686,780	$169,954	$8,439,963	$1,516,826
2019	$3,117,229	$65,933	$7,124,580	$3,051,296
2018	$-3,915	$172,909	$4,800,417	$-176,824

THE INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION