GLOBAL ALLIANCE FOR AFRICA

EIN: 364083547 501(c)(3) International Affairs

CHICAGO, IL

Total Revenue
$394,539
Total Expenses
$358,666
Total Assets
$316,840
Net Assets
$127,673
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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
1996
Legal Domicile
IL
Principal Officer
THOMAS DERDAK
Phone
3123820607
Tax Period
2023-01-01 to 2023-12-31

GLOBAL ALLIANCE FOR AFRICA, founded in 1996, is a small nonprofit in the International Affairs sector that reported $395K in total revenue in fiscal year 2023. Expenses of $359K left a modest 9% surplus.

Mission

WE WORK WITH LOCAL AFRICAN PARTNERS TO DESIGN AND IMPLEMENT PROGRAMS TO IMPROVE THE LIVES OF VULNERABLE CHILDREN, FAMILIES IN POVERTY, AND REFUGEES IN AFRICA. SEE SCHEDULE O FOR GREATER DETAIL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $353,322
Program Service Revenue $0
Investment Income $1,035
Other Revenue $40,182
TOTAL REVENUE $394,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,050
Fundraising Expenses $96,640
Program Expenses $205,538
Other Expenses $339,616
TOTAL EXPENSES $358,666

Year-over-Year Comparison

2023 2022 Change
Revenue $394,539 $367,334 +0.1%
Expenses $358,666 $248,159 +0.4%
Net Income $35,873 $119,175 -0.7%
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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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED BANCROFT TRUSTEE 1.50
Director
$0 $0 $0
DAVID CURRY TREASURER 2.00
Officer Director
$0 $0 $0
THOMAS DERDAK EXECUTIVE DI 2.00
Officer Director
$0 $0 $0
ALANAH FITCH TRUSTEE 1.50
Director
$0 $0 $0
VAN E HOLKEBOER CORPORATE CO 1.50
Director
$0 $0 $0
SCOTT LEFF BOARD CHAIR 2.00
Officer Director
$0 $0 $0
GRACE LEON-HARRIS TRUSTEE 1.50
Director
$0 $0 $0
JESSICA MACKINNON TRUSTEE 1.50
Director
$0 $0 $0
FELICE MACIEJEWSKI TRUSTEE 1.50
Director
$0 $0 $0
ALICE OBERMILLER SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN ROSS TRUSTEE 1.50
Director
$0 $0 $0
PHYLLIS JOAN SHADWICK TRUSTEE 1.50
Director
$0 $0 $0
THOMAS WREN TRUSTEE 1.50
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 $394,539 $358,666 $316,840 $35,873
2022 $288,618 $362,047 $326,739 $-73,429
2022 $367,334 $248,159 $320,404 $119,175
2021 $282,195 $186,370 $197,229 $95,825
2020 $260,615 $132,306 $127,683 $128,309
2019 $186,007 $213,252 $47,555 $-27,245
2018 $261,156 $202,205 $74,501 $58,951
2017 $259,500 $213,080 $191,408 $46,420
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