ALLIANCE FOR QUALITY EDUCATION INC

EIN: 223810450 Youth Development

ALBANY, NY

Total Revenue
$780,072
Total Expenses
$334,894
Total Assets
$1,477,540
Net Assets
$1,424,712
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
MARINA MARCOU-O'MALLEY
Phone
5184654600
Tax Period
2023-01-01 to 2023-12-31

ALLIANCE FOR QUALITY EDUCATION INC, founded in 2001, is a small nonprofit in the Youth Development sector that reported $780K in total revenue in fiscal year 2023. Revenue surged 308% from the prior year, signaling strong growth momentum. The organization ran a surplus of $445K, a strong 57% operating margin.

Mission

THE ALLIANCE FOR QUALITY EDUCATION IS A COALITION MOBILIZING COMMUNITIES ACROSS THE STATE TO KEEP NEW YORK TRUE TO ITS PROMISE OF ENSURING A HIGH- QUALITY PUBLIC SCHOOL EDUCATION TO ALL STUDENTS REGARDLESS OF ZIP CODE. COMBINING ITS LEGISLATIVE AND POLICY EXPERTISE WITH GRASSROOTS ORGANIZING, AQE ADVANCES PROVEN-TO-WORK STRATEGIES THAT LEAD TO STUDENT SUCCESS AND ECHOES A POWERFUL PUBLIC DEMAND FOR A HIGH-QUALITY PUBLIC SCHOOL EDUCATION FOR ALL OF NEW YORK'S STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $717,610
Program Service Revenue $0
Investment Income $10,357
Other Revenue $52,105
TOTAL REVENUE $780,072

Expense Breakdown

Grants Paid $76,000
Salaries & Benefits $67,883
Fundraising Expenses $22,217
Program Expenses $265,372
Other Expenses $191,011
TOTAL EXPENSES $334,894

Year-over-Year Comparison

2023 2022 Change
Revenue $780,072 $191,389 +3.1%
Expenses $334,894 $196,902 +0.7%
Net Income $445,178 $-5,513 -81.8%
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

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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
6
Independent Members
6
Employees
81
Volunteers
15500

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
$325,097
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASMINE GRIPPER EXECUTIVE DI 3.00
Officer
$11,247 $0 $132,058
MARINA MARCOU-O'MALLEY CO INTERIM E 3.00
Officer
$7,538 $0 $91,923
ZAKIYAH SHAAKIR-ANSARI CO INTERIM E 3.00
Officer
$9,435 $0 $101,116
ROSEMARY RIVERA CHAIR 1.00
Director
$0 $0 $0
CHEVION WEAKS-LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
LUCAS SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
JULISSA BISONO 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
2024 No data No data No data No data
2023 $780,072 $334,894 $1,477,540 $445,178
2022 $191,389 $196,902 $981,744 $-5,513
2021 $680,273 $156,937 $1,001,145 $523,336
2020 $324,342 $131,883 $465,687 $192,459
2019 $332,926 $161,380 $277,114 $171,546
2018 $193,681 $156,146 $118,745 $37,535
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