AFRICAN LEADERS MALARIA ALLIANCE INC SOULEYMANE BALDE

EIN: 273861222 501(c)(3) Diseases & Disorders

LAURELTON, NY

Total Revenue
$510,310
Total Expenses
$11,057,481
Total Assets
$6,080,609
Net Assets
$5,497,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
TIMOTHY CASTANO
Phone
6466732228
Tax Period
2024-01-01 to 2024-12-31

AFRICAN LEADERS MALARIA ALLIANCE INC SOULEYMANE BALDE, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $510K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $11.1M exceeded revenue, resulting in a 2067% operating deficit.

Mission

FOR DESCRIPTION OF THE ORGANIZATION'S MISSIONFOUNDED IN 2009, THE AFRICAN LEADERS MALARIA ALLIANCE ("ALMA") IS A GROUND-BREAKING COALITION OF 55 AFRICAN HEADS OF STATE AND GOVERNMENT WORKING ACROSS COUNTRY AND REGIONAL BORDERS TO ACHIEVE A MALARIA FREE AFRICA BY 2030.ALMA IS A FORUM OF AFRICAN LEADERS WHERE THEY CAN TRACK THEIR PROGRESS, SHARE BEST PRACTICES AND ADDRESS CHALLENGES AS THEY FIGHT MALARIA IN THEIR COUNTRIES. THE ALMA SCORECARD FOR ACCOUNTABILITY AND ACTION AND THE ALMA 2030 SCORECARD TOWARDS MALARIA ELIMINATION ARE IMPORTANT MANAGEMENT TOOLS WHICH TRACK PROGRESS AND DRIVE ACTION. THESE TOOLS HAVE PROVEN SO EFFECTIVE IN BOOSTING MALARIA CONTROL EFFORTS THAT ALMA MEMBERS REQUESTED A SIMILAR TOOL TO SUPPORT COUNTRY LEVEL SCORECARDS FOR MALARIA CONTROL AND ELIMINATION.

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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 $510,310
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $510,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,458,978
Fundraising Expenses $65,818
Program Expenses $10,030,550
Other Expenses $9,598,503
TOTAL EXPENSES $11,057,481

Year-over-Year Comparison

2024 2023 Change
Revenue $510,310 $8,404,383 -0.9%
Expenses $11,057,481 $9,558,212 +0.2%
Net Income $-10,547,171 $-1,153,829 +8.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
4
Employees
8
Volunteers
4

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
$481,139
Total Directors
5
$277,888
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEGGY CLARK PRESIDENT/CHAIR 1.00
Officer Director
$0 $0 $0
TIMOTHY CASTANO BOARD MEMBER 1.00
Director
$0 $0 $0
ANNA HAKOBYAN BOARD MEMBER 1.00
Director
$0 $0 $0
ARON BETRU BOARD MEMBER 1.00
Director
$0 $0 $0
JOHANNAH-JOY PHUMAPHI EXECUTIVE SECRETARY 40.00
Officer Director
$0 $277,888 $277,888
SOULEYMANE BALDE TREASURER/CHIEF FINANCIAL 40.00
Officer
$158,038 $45,213 $203,251
ANNE FRANCIS GASASIRA SENIOR PROGRAM OFFICER 40.00
Highest
$178,267 $25,987 $204,254
KETEMA BIZUNEH SENIOR PROGRAM OFFICER 40.00
Highest
$207,136 $0 $207,136
STEPHEN ROOKE ADVISOR 40.00
Highest
$192,527 $0 $192,527
DIEGO DUQUE SECTY/SENIOR PROGRAM OFFIC 40.00
Highest
$158,033 $45,213 $203,246
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 $510,310 $11,057,481 $6,080,609 $-10,547,171
2023 $8,404,383 $9,558,212 $16,356,541 $-1,153,829
2022 $17,721,281 $9,018,786 $17,528,189 $8,702,495
2021 $10,298,494 $7,965,300 $8,771,808 $2,333,194
2020 $2,630,580 $6,540,050 $8,141,161 $-3,909,470
2019 $1,384,644 $6,044,563 $10,624,655 $-4,659,919
2018 $13,614,408 $5,268,168 $15,400,874 $8,346,240
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