ALLIANCE FOR QUALITY EDUCATION INC

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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

2001

Legal Domicile

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 IT'S 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.

Program Service Accomplishments

Program 1

Expenses: $265,372

PROGRAMS DEDICATED TO PROVIDING INFORMATION TO THE GENERAL PUBLIC, PARENTS, SCHOOL OFFICIALS AND COMMUNITY RESIDENTS, ELECTED OFFICIALS ON EDUCATIONAL POLICY AND RESOURCES BY COMMUNITY AWARENESS...

PROGRAMS DEDICATED TO PROVIDING INFORMATION TO THE GENERAL PUBLIC, PARENTS, SCHOOL OFFICIALS AND COMMUNITY RESIDENTS, ELECTED OFFICIALS ON EDUCATIONAL POLICY AND RESOURCES BY COMMUNITY AWARENESS, RESEARCH EFFORTS, PUBLICATION, CONFERENCES, OUTREACH AND ADVOCACY.

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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 $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

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

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

$325,097

Total Directors

Key Employees

Highest Compensated

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