THE ALLIANCE FOR EMPLOYEE GROWTH AND DEVELOPMENT INC

EIN: 222764717

RED BANK, NJ

Total Revenue
N/A
Total Expenses
$4,014
Total Assets
N/A
Net Assets
N/A
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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
1986
Legal Domicile
NJ
Principal Officer
MARY JO REILLY
Phone
7325131186
Tax Period
2020-10-01 to 2021-09-30

Mission

THE ALLIANCE STAKEHOLDERS SHARE A VISION THAT THE GROWTH AND DEVELOPMENT OF THE INDIVIDUAL IS THE KEY TO SUCCESS IN A COMPETITIVE, WORLDWIDE MARKETPLACE. THE ALLIANCE WAS BORN OUT OF THIS SHARED VISION TO SERVE AS A RESOURCE TO INDIVIDUAL EMPLOYEES WHO WANT TO TAKE CHARGE OF MANAGING CHANGE IN THEIR LIVES.

Program Service Accomplishments

Program 1

EDUCATION, TRAINING AND PERSONAL DEVELOPMENT SERVICES FOR ACTIVE AND DISPLACED UNION-REPRESENTED EMPLOYEES OF AT&T CORP., NOKIA OF AMERICAS CORPORATION (FORMERLY ALCATEL-LUCENT), AVAYA INC., FRONTIER...

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EDUCATION, TRAINING AND PERSONAL DEVELOPMENT SERVICES FOR ACTIVE AND DISPLACED UNION-REPRESENTED EMPLOYEES OF AT&T CORP., NOKIA OF AMERICAS CORPORATION (FORMERLY ALCATEL-LUCENT), AVAYA INC., FRONTIER COMMUNICATIONS, AND OPTICAL FIBER SOLUTIONS. THE BOARD OF TRUSTEES APPROVED A CERTIFICATE OF DISSOLUTION OF THE ALLIANCE FOR EMPLOYEE GROWTH AND DEVELOPMENT, INC. AND A PLAN OF COMPLETE DISSOLUTION AND LIQUIDATION ON JUNE 5, 2019 WITH THE ALLIANCE TO BE DISSOLVED EFFECTIVE AS OF SEPTEMBER 30, 2019. LIQUIDATION PLANS CONTINUED DURING THE CURRENT FISCAL YEAR WITH THE ALLIANCE MAKING DISTRIBUTIONS TO ITS MEMBERS AS REPORTED ON SCHEDULE N. COMPLETE LIQUIDATION OF THE ORGANIZATION IS EXPECTED BY JUNE 1, 2021.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,014
TOTAL EXPENSES $4,014

Year-over-Year Comparison

2020 2019 Change
Revenue N/A N/A N/A
Expenses $4,014 N/A N/A
Net Income N/A $0 N/A
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
8
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN MUSCAT TRUSTEE 0.00
Director
$0 $0 $0
DIANE BRADLEY TRUSTEE 0.00
Director
$0 $0 $0
TOM RUNNION TRUSTEE 0.00
Director
$0 $0 $0
LISA BOLTON TRUSTEE 0.00
Director
$0 $0 $0
CLAUDE CUMMINGS TRUSTEE 0.00
Director
$0 $0 $0
SUSAN WHITE TRUSTEE 0.00
Director
$0 $0 $0
ROBERT PRUNN TRUSTEE 0.00
Director
$0 $0 $0
JEFF UPHOLZER TRUSTEE 0.00
Director
$0 $0 $0
MARY JO REILLY CO-EXECUTIVE DIRECTOR 4.00
Officer
$0 $0 $0
SUSAN MCDERMOTT CO-EXECUTIVE DIRECTOR 4.00
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
2021 No data $4,014 No data No data
2020 No data No data $710,560 No data
2019 $419,174 $5,061,012 $4,658,354 $-4,641,838
2018 $3,512,968 $4,164,067 $8,398,391 $-651,099
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