ALETHIA LABS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

THOMAS SUDER

Phone

5715280741

Tax Period

2024-01-01 to 2024-12-31

ALETHIA LABS INC, founded in 2012, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $5.7M exceeded revenue, resulting in a 50% operating deficit.

Mission

Alethia Labs, Inc. is a non-profit organization that focuses on three areas: Academic, Government, and Corporate. The Academic Research sector is the bridge between Government and Corporate participation.

Program Service Accomplishments

Program 1

Expenses: $5,335,507

In 2024, Alethia Labs, Inc. hosted many summits and webinars that drew over 1,100 combined attendees from over 70 government agencies and academic institutions for which attendees can receive CPE...

In 2024, Alethia Labs, Inc. hosted many summits and webinars that drew over 1,100 combined attendees from over 70 government agencies and academic institutions for which attendees can receive CPE credit for attending. These groundbreaking events focused on emerging technology topics such as DevOps, A.I., digital transformation and cloud computing and featured collaboration between government, academia and private industry with the goal of helping improve IT efficiency within the Federal Government. These findings were provided to the government and included best practices, lessons learned and recommendations in these areas. Alethia Labs has an Advisory Board that includes thirty members of the Federal Government and over thirty industry leaders. The government also uses Alethia Labs venues for internal government training courses for AI procurement officers. Alethia also ran 12 cohorts to train government procurement officers around the U.S. in AI.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,768,099

Investment Income $0

Other Revenue $2,000

TOTAL REVENUE $3,770,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,876,488

Fundraising Expenses $0

Program Expenses $5,335,507

Other Expenses $2,779,987

TOTAL EXPENSES $5,656,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,770,099	$10,514,316	-0.6%
Expenses	$5,656,475	$9,262,444	-0.4%
Net Income	$-1,886,376	$1,251,872	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$525,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE SUDER	Executive Dir.	40.00	Officer	$525,000	$0	$525,000
WILLIAM SUDER	VICE PRESIDENT	40.00		$525,000	$0	$525,000
WALTER BIGELOW	DIR SVC DELIVERY	40.00		$240,000	$0	$240,000
DAVID ANGELETTI	VP TECH SCOUTING	40.00		$234,564	$0	$234,564
MARIKA ROBERTSON	DIR STRATEGIC INIT	40.00		$184,250	$0	$184,250
YVONNE COLE	DIR OF COMM IMPACT	40.00		$180,769	$0	$180,769
TIM HARVEY	Director	10.00	Director	$0	$0	$0
DR DAVID METCALF	Director	1.00	Director	$0	$0	$0
BRIAN BARRETT	sec/treas	1.00	Officer 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	$3,770,099	$5,656,475	$356,315	$-1,886,376
2023	$10,514,316	$9,262,444	$2,242,026	$1,251,872
2022	$3,748,436	$3,076,918	$989,857	$671,518
2021	$1,334,052	$1,254,520	$318,339	$79,532
2020	$984,488	$752,930	$244,447	$231,558
2019	$881,429	$883,036	$7,249	$-1,607
2018	$882,243	$880,101	$8,856	$2,142