ALLIANCE INITIATIVES FUND INC (EIN 352116083) - 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

2000

Legal Domicile

Principal Officer

Jill Carpenter

Phone

8124291191

Tax Period

2024-07-01 to 2025-06-30

ALLIANCE INITIATIVES FUND INC, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $15K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. Net assets of $446K represent 346 months of operating reserves.

Mission

The Alliance Initiatives Fund Inc supports and benefits the Community Foundation Alliance. It holds assets, receives grants and donations for distribution to benefit CFA's many supported charitable causes.

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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 $0

Program Service Revenue $0

Investment Income $15,446

Other Revenue $0

TOTAL REVENUE $15,446

Expense Breakdown

Grants Paid $14,205

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,205

Other Expenses $2,325

TOTAL EXPENSES $16,530

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,446	$274,347	-0.9%
Expenses	$16,530	$342,590	-1.0%
Net Income	$-1,084	$-68,243	-1.0%

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

N/A

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

$213,479

Total Directors

Key Employees

$474,076

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jill Carpenter	President & CEO CFA	2	Officer Key Emp	$0	$17,558	$213,479
Timothy Jones	CFO CFA	2	Key Emp	$0	$4,200	$144,204
Melinda Waldroup	Chief Program Officer	1	Key Emp	$0	$14,503	$116,393
LAURA BOGARD	PAST CHAIR	1	Officer Director	$0	$0	$0
MARK WATERMAN	Director	1	Director	$0	$0	$0
ERIC REED	Chair	1	Officer Director	$0	$0	$0
Patrick Griffin	Vice Chair	1	Officer Director	$0	$0	$0
Jon Craig	DIRECTOR	1	Director	$0	$0	$0
Hanz Schmitz	DIRECTOR	1	Director	$0	$0	$0
LESLIE MUSTARD	DIRECTOR	1	Director	$0	$0	$0
CRAIG KIRK	DIRECTOR	1	Director	$0	$0	$0
ED HAGEDORN	DIRECTOR	1	Director	$0	$0	$0
JODY GILES	DIRECTOR	1	Director	$0	$0	$0
John Dudenhoeffer	DIRECTOR	1	Director	$0	$0	$0
Lori Newman	Treasurer	1	Officer Director	$0	$0	$0
Chris Hertel	DIRECTOR	1	Director	$0	$0	$0
JASON BARISANO	DIRECTOR	1	Director	$0	$0	$0
SARAH BELMORE	DIRECTOR	1	Director	$0	$0	$0
Kim Schultz	DIRECTOR	1	Director	$0	$0	$0
Tim Huber	Director	1	Director	$0	$0	$0
Alyssa Ricker	Director	1	Director	$0	$0	$0
Kari Fluegel	Director	1	Director	$0	$0	$0
Mike Powers	Director	1	Director	$0	$0	$0
Patsy Alvey	Director	1	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	$15,446	$16,530	$445,860	$-1,084
2024	$274,347	$342,590	$422,256	$-68,243
2023	$367,694	$244,892	$556,246	$122,802
2022	$21,028	$1,437	$354,110	$19,591
2021	$11,015	$1,283	$403,453	$9,732
2020	$7,881	$1,083	$297,702	$6,798
2019	$10,686	$26,080	$287,638	$-15,394
2018	$5,572	$625	$297,390	$4,947

ALLIANCE INITIATIVES FUND INC