NEW HOPE ALANO GROUP INC

EIN: 237069352 501(c)(3) Mental Health

NEW HOPE, MN

Total Revenue
$95,666
Total Expenses
$98,508
Total Assets
$623,096
Net Assets
$585,161
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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
1968
Legal Domicile
MN
Principal Officer
DEREK ANDERSON
Phone
7635377151
Tax Period
2024-03-01 to 2025-02-28

NEW HOPE ALANO GROUP INC, founded in 1968, is a micro nonprofit in the Mental Health sector that reported $96K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $585K represent 73 months of operating reserves.

Mission

TO HOLD MEETINGS AND EVENTS WHERE MEMBERS FUNCTION AS A SUPPORT GROUP FORALCOHOLIC ANONYMOUS MEMBERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $34,221
Program Service Revenue $32,360
Investment Income $40
Other Revenue $29,045
TOTAL REVENUE $95,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,940
Other Expenses $98,508
TOTAL EXPENSES $98,508

Year-over-Year Comparison

2024 2023 Change
Revenue $95,666 $107,817 -0.1%
Expenses $98,508 $102,349 0.0%
Net Income $-2,842 $5,468 -1.5%
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
7
Independent Members
N/A
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK ANDERSON PRESIDENT 0.00
Officer Director
$0 $0 $0
DORICE SLATTERLY VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
JIM COX SECRETARY 0.00
Officer Director
$0 $0 $0
DEBORAH PETERSON KOLL TREASURER 0.00
Officer Director
$0 $0 $0
CINDY DAWSON VICE TREASURER 0.00
Officer Director
$0 $0 $0
JOSH WOLFE A & A COMMITTEE 0.00
Director
$0 $0 $0
WARD FREELAND MAINTENANCE 0.00
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
2025 $95,666 $98,508 $623,096 $-2,842
2024 $107,817 $102,349 $636,564 $5,468
2023 $90,289 $88,731 $683,330 $1,558
2022 $81,190 $73,255 $688,187 $7,935
2021 $40,149 $48,817 $685,063 $-8,668
2020 $66,106 $73,301 $698,358 $-7,195
2019 $68,929 $64,387 $710,928 $4,542
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