ALLIANCE FOR LOCAL ECONOMIC PROSPERITY (EIN 481275323) - 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

2013

Legal Domicile

Principal Officer

ANGELA MERKERT

Phone

5056038400

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $192K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 38% operating margin.

Mission

AFLEP WAS FORMED TO STUDY THE BENEFITS OF AND TO ADVOCATE FOR PUBLIC BANKING FOR NEW MEXICO AS A TOOL TO KEEP NEW MEXICO REVENUE LOCAL, SAFE AND WORKING FOR NEW MEXICANS.

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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 $191,706

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $191,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,100

Program Expenses $98,516

Other Expenses $119,584

TOTAL EXPENSES $119,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,706	$108,783	+0.8%
Expenses	$119,584	$149,114	-0.2%
Net Income	$72,122	$-40,331	-2.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAUL TURRIETA	DIRECTOR	2.00	Officer Director	$0	$0	$0
JENNIFER KREIE	DIRECTOR	2.00	Officer Director	$0	$0	$0
PETER SMITH	CHAIR, TREASURER	2.00	Officer Director	$0	$0	$0
JOHN MUNOZ	SECRETARY	2.00	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	$191,706	$119,584	$101,988	$72,122
2023	$108,783	$149,114	$24,116	$-40,331
2023	$108,783	$149,114	$24,116	$-40,331
2022	$137,280	$145,605	$64,446	$-8,325
2021	$175,848	$133,351	$72,771	$42,497
2020	$220,435	$212,688	$30,274	$7,747

ALLIANCE FOR LOCAL ECONOMIC PROSPERITY