AFRICAN LEADERS MALARIA ALLIANCE I… - Form 990 Financial Data

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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

2010

Legal Domicile

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

AFRICAN LEADERS MALARIA ALLIANCE, INC. SUPPORTS AN ALLIANCE OF 55AFRICAN HEADS OF STATE AND GOVERNMENT WORKING ACROSS COUNTRY AND REGIONAL BORDERS TO ACHIEVE ZERO MALARIA DEATHS BY 2030.

Program Service Accomplishments

Program 1

Expenses: $6,066,486

ALMA, INC. SUPPORTS THE AFRICAN HEADS OF STATE AND GOVERNMENT IN THEIR GOAL TO ELIMINATE MALARIA IN AFRICA BY 2030. ALMA, INC SUPPORTS THE DEVELOPMENT OF THE ALMA SCORECARD FOR ACCOUNTABILITY AND...

ALMA, INC. SUPPORTS THE AFRICAN HEADS OF STATE AND GOVERNMENT IN THEIR GOAL TO ELIMINATE MALARIA IN AFRICA BY 2030. ALMA, INC SUPPORTS THE DEVELOPMENT OF THE ALMA SCORECARD FOR ACCOUNTABILITY AND ACTION, AS WELL AS COUNTRY LEVEL MALARIA SCORECARDS DESIGNED TO TRACK PROGRESS, IDENTIFY BOTTLENECKS AND DRIVE ACTION. ALMA ALSO SUPPORT COUNTRY END MALARIA COUNCILS AND FUNDS WHICH KEEP MALARIA HIGH ON THE DEVELOPMENT AND FINANCING AGENDA. COUNTRY YOUTH CORPS ARE ALSO SUPPORTED

Program 2

Expenses: $2,341,739

ALMA, INC'S SECOND PROGRAM IS FACILITATING AFRICAN COUNTRIES IN DEVELOPING RMNCAH (REPRODUCTIVE, MATERNAL, NEW BORN, CHILD AND ADOLESCENT HEALTH SCORECARDS), AN ACCOUNTABILITY MANAGEMENT TOOL...

ALMA, INC'S SECOND PROGRAM IS FACILITATING AFRICAN COUNTRIES IN DEVELOPING RMNCAH (REPRODUCTIVE, MATERNAL, NEW BORN, CHILD AND ADOLESCENT HEALTH SCORECARDS), AN ACCOUNTABILITY MANAGEMENT TOOL, DESIGNED TO TRACK PROGRESS AND DRIVE ACTION

Program 3

Expenses: $860,407

ALMA, INC'S THIRD PROGRAM IS TO INCORPORATE NEGLECTED TROPICAL DISEASES "NTDS" INTO THE ALMA SCORECARD FOR ACCOUNTABILITY AND ACTION APPROACH.

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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 (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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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

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

$481,139

Total Directors

$277,888

Key Employees

Highest Compensated

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

AFRICAN LEADERS MALARIA ALLIANCE INC SOULEYMANE BALDE