ALM CHARITIES INC

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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

2001

Legal Domicile

Principal Officer

SCOTT P MATHY

Phone

6087836411

Tax Period

2024-01-01 to 2024-12-31

ALM CHARITIES INC, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $598K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $781K exceeded revenue, resulting in a 31% operating deficit.

Mission

ALM CHARITIES, INC. (A.L.M) WAS INCORPORATED ON JUNE 29, 2001 AS A WISCONSIN NONSTOCK NON-PROFIT CORPORATION. A.L.M IS ORGANIZED AND OPERATED FOR THE PURPOSE OF RAISING FUNDS AND DISTRIBUTING SUCH FUNDS TO ORGANIZATIONS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE), AND AS A NON-PROFIT FOUNDATION UNDER SECTION 509(A) OF THE CODE. A.L.M DIRECTORS AND OFFICERS ARE ALL VOLUNTEERS WHO RECEIVE NO COMPENSATION FROM A.L.M, AND A.L.M HAS NO EMPLOYEES OR FACILITIES. A.L.M INTENDS TO RAISE FUNDS FOR QUALIFYING CHARITABLE ORGANIZATIONS CHOSEN BY A.L.M IN ITS SOLE DISCRETION BY SOLICITING CHARITABLE CONTRIBUTIONS FROM CORPORATIONS AND INDIVIDUALS IN CONNECTION WITH THEIR SPONSORSHIP OF EVENTS PLANNED AND ORGANIZED BY A.L.M

Program Service Accomplishments

Program 1

Expenses: $616,550

A.L.M CHARITIES GOLF CLASSIC - AT THIS EVENT, ATTENDERS' PAY A FEE TO PARTICIPATE IN A GOLF TOURNAMENT WHICH INCLUDES GOLF, LUNCH, DINNER, AND A LIVE AND SILENT AUCTION. THIS TOURNAMENT IS HELD EACH...

Program 2

Expenses: $96,290

A.L.M CHARITIES' STRIVES TO MAKE AN IMPACT WITHIN ITS COMMUNITY. GRANTS OF EXCESS UNRESTRICTED CONTRIBUTIONS ARE PERIODICALLY GIVEN TO ORGANIZATIONS WITHIN THE COMMUNITY. THESE GRANTS ARE NOT...

A.L.M CHARITIES' STRIVES TO MAKE AN IMPACT WITHIN ITS COMMUNITY. GRANTS OF EXCESS UNRESTRICTED CONTRIBUTIONS ARE PERIODICALLY GIVEN TO ORGANIZATIONS WITHIN THE COMMUNITY. THESE GRANTS ARE NOT ATTRIBUTABLE TO ANY SPECIFIC EVENT & ARE GENERALLY MINOR IN AMOUNT.

Program 3

Expenses: $47,946

"DIGGING IN" IS AN EVENT COMPRISED OF A NUMBER OF LOCAL COMMUNITY PROJECTS THAT BENEFIT THE GENERAL POPULATION WITHIN THAT COMMUNITY. COLLECTIVELY, THIS PROGRAM PROVIDES THE MEANS FOR LOCAL...

"DIGGING IN" IS AN EVENT COMPRISED OF A NUMBER OF LOCAL COMMUNITY PROJECTS THAT BENEFIT THE GENERAL POPULATION WITHIN THAT COMMUNITY. COLLECTIVELY, THIS PROGRAM PROVIDES THE MEANS FOR LOCAL VOLUNTEERS TO BUY MATERIALS & PROVIDE IMPROVEMENTS TO LOCAL COMMUNITY ORGANIZATIONS.

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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 $619,753

Program Service Revenue $0

Investment Income $0

Other Revenue $-21,662

TOTAL REVENUE $598,091

Expense Breakdown

Grants Paid $760,786

Salaries & Benefits $0

Fundraising Expenses $5,732

Program Expenses $760,786

Other Expenses $20,668

TOTAL EXPENSES $781,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$598,091	$349,550	+0.7%
Expenses	$781,454	$296,902	+1.6%
Net Income	$-183,363	$52,648	-4.5%

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

100

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BAKKE	DIRECTOR	1.00	Director	$0	$0	$0
ALESHA ODEGAARD	DIRECTOR	1.00	Director	$0	$0	$0
JUNE GALE	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR MATHY-SAUERMAN	DIRECTOR	1.00	Director	$0	$0	$0
TARA MOLLING	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT MATHY	PRESIDENT/SECRETARY/TREASURER	4.00	Officer Director	$0	$0	$0
DYANNE BRUDOS	DIRECTOR	1.00	Director	$0	$0	$0
JENNA HINZE	CONTROLLER	1.00	Officer	$0	$0	$0
KATIE REZIN	OPERATIONS MANAGER	1.00	Officer	$0	$0	$0
ROBERTA SWINGHAMMER	ADMINISTRATOR	1.00	Officer	$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	No data	No data	No data	No data
2024	$598,091	$781,454	$269,847	$-183,363
2023	$349,550	$296,902	$414,921	$52,648
2022	$347,508	$262,821	$385,827	$84,687
2020	$15,499	$160,571	$304,366	$-145,072
2019	$222,030	$249,601	$437,746	$-27,571
2018	$260,718	$207,523	$468,129	$53,195