Alpha Scholarship and Charitable Foundation of IUL Inc (EIN 521885643) - Form 990 Financial Analysis & Trantor Score

🔒

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

1994

Legal Domicile

Principal Officer

Langston Smith

Phone

2403052225

Tax Period

2024-07-01 to 2025-06-30

Alpha Scholarship and Charitable Foundation of IUL Inc, founded in 1994, is a micro nonprofit in the Education sector that reported $37K in total revenue in fiscal year 2024. The organization ran a surplus of $18K, a strong 48% operating margin.

Mission

Public service organization that promotes academic excellence, encourages civic responsibility, provides tutoring, mentoring, leadership, and awards scholarships.

🔒

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 $35,541

Program Service Revenue $0

Investment Income $1,770

Other Revenue $0

TOTAL REVENUE $37,311

Expense Breakdown

Grants Paid $16,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,000

Other Expenses $3,378

TOTAL EXPENSES $19,378

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,311	$35,905	+0.0%
Expenses	$19,378	$13,510	+0.4%
Net Income	$17,933	$22,395	-0.2%

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

N/A

Employees

N/A

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
Antonio Ellis	Committee Member	3	Director	$0	$0	$0
Darrell Gibson	Committee Member	3	Director	$0	$0	$0
Sam Hale	Committee Member	3	Director	$0	$0	$0
Ron Johnson	Committee Member	3	Director	$0	$0	$0
Ivan Lochan	Committee Member	3	Director	$0	$0	$0
Bryan Parker	Committee Member	3	Director	$0	$0	$0
Ray Smith	Committee Member	3	Director	$0	$0	$0
John Porter	President	10	Officer	$0	$0	$0
Langston Smith	Vice President	5	Officer	$0	$0	$0
Adrian Nelson II	Secretary	5	Officer	$0	$0	$0
Hasan McDonnaugh	Treasurer	5	Officer	$0	$0	$0
Reginald Augustus	Financial Secretary	5	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	$37,311	$19,378	$277,200	$17,933

Alpha Scholarship and Charitable Foundation of IUL Inc