ALPHA OPPORTUNITIES INC (EIN 450357242) - 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

1979

Legal Domicile

Principal Officer

MALLORY EVERSON

Phone

7012520162

Tax Period

2022-07-01 to 2023-06-30

ALPHA OPPORTUNITIES INC, founded in 1979, is a community nonprofit in the Human Services sector that reported $3.4M in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE THE TOOLS TO GIVE PEOPLE WITH DISABILITIES THE OPPORTUNITIES TO LIVE, WORK, RECREATE IN THEIR COMMUNITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,397,449

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,397,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,622,037

Fundraising Expenses $0

Program Expenses $3,157,147

Other Expenses $1,052,981

TOTAL EXPENSES $3,675,018

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,397,449	$5,709,408	-0.4%
Expenses	$3,675,018	$5,682,212	-0.4%
Net Income	$-277,569	$27,196	-11.2%

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

171

Volunteers

N/A

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
LUELLA MOREHOUSE	PRESIDENT	0.75	Officer Director	$0	$0	$0
LAUREL HAROLDSON	DIRECTOR	0.75	Director	$0	$0	$0
ERIC TUCHSCHER	DIRECTOR	0.75	Director	$0	$0	$0
HELEN GRENZ	DIRECTOR	0.75	Director	$0	$0	$0
RAELENE SCHUH	DIRECTOR	0.75	Director	$0	$0	$0
KIM WEYER	DIRECTOR	0.75	Director	$0	$0	$0
DEWEY SCHLITTENHARD	FORMER INTERIM CEO	40.00	Officer	$0	$0	$0
MALLORY EVERSON	EXECUTIVE DIRECTOR	40.00	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
2023	$3,397,449	$3,675,018	$3,273,016	$-277,569
2022	$5,709,408	$5,682,212	$4,351,047	$27,196
2021	$6,924,225	$5,982,658	$4,228,151	$941,567
2020	$7,562,229	$6,486,885	$3,185,867	$1,075,344
2019	$7,914,786	$6,933,896	$2,722,508	$980,890

ALPHA OPPORTUNITIES INC