ALPHA GROUP OF DELAWARE INC (EIN 310810220) - Form 990 Financial Analysis & Trantor Score

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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

1970

Legal Domicile

Principal Officer

ELIZABETH OWENS

Phone

7403685810

Tax Period

2023-01-01 to 2023-12-31

ALPHA GROUP OF DELAWARE INC, founded in 1970, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $6.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO OFFER INDIVIDUALS WITH DISABILITIES AN ARRAY OF QUALITY PROGRAMS AND SERVICES THAT ENABLES THEM TO ACHIEVE AND, HOPEFULLY, EXCEED THEIR INDIVIDUALS GOALS.

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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 $187,882

Program Service Revenue $5,005,619

Investment Income $184,439

Other Revenue $312,228

TOTAL REVENUE $5,690,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,979,438

Fundraising Expenses $52,405

Program Expenses $4,961,640

Other Expenses $1,366,941

TOTAL EXPENSES $6,346,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,690,168	$4,649,717	+0.2%
Expenses	$6,346,379	$5,695,643	+0.1%
Net Income	$-656,211	$-1,045,926	-0.4%

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

277

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

Total Directors

$149,267

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE MELTON	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN KELLOGG	DIRECTOR	2.00	Director	$0	$0	$0
AMELIA BEAN-DEFLUMER	DIRECTOR	2.00	Director	$0	$0	$0
TED BABIASZ	DIRECTOR	2.00	Director	$0	$0	$0
KATHY KING	DIRECTOR	2.00	Director	$0	$0	$0
EMILY BIDDLE	CHAIR	2.00	Officer Director	$0	$0	$0
LARRY HAVENS	TREASURER	2.00	Officer Director	$0	$0	$0
JONATHAN SHAFFER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
RICK RANO	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH OWENS	CHIEF EXECUTIVE OFFICER	40.00	Director	$138,030	$11,237	$149,267
BILL MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
HEIDI KEGLEY	DIRECTOR	2.00	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	$5,690,168	$6,346,379	$7,132,684	$-656,211
2022	$4,649,717	$5,695,643	$7,032,017	$-1,045,926
2021	$7,411,638	$5,357,130	$7,565,752	$2,054,508
2020	$6,377,041	$5,052,901	$6,054,222	$1,324,140
2019	$5,618,354	$5,482,877	$4,804,210	$135,477
2018	$4,825,894	$5,102,927	$3,998,583	$-277,033

ALPHA GROUP OF DELAWARE INC