ALLIANCE CENTER FOR EDUCATION 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

1965

Legal Domicile

Principal Officer

JARED KEATON

Phone

7043717447

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE CENTER FOR EDUCATION INC, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $11.0M in total revenue in fiscal year 2024. Expenses of $10.5M left a modest 5% surplus.

Mission

OUR MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION AND SUPPORT FOR CHILDREN IN NEED THROUGH PARTNERSHIP WITH THEIR FAMILIES. OUR VISION IS TO POSITIVELY AFFECT THE FUTURE OF CHILDREN AT RISK BY IMPROVING ECONOMIC MOBILITY THROUGH EDUCATION. WE FIRMLY BELIEVE THAT EDUCATION IS A POWERFUL CATALYST FOR BREAKING THE CYCLE OF POVERTY. BY INVESTING IN FAMILY ENGAGEMENT AND OFFERING HOLISTIC SUPPORT, WE ARE PAVING THE WAY FOR A BRIGHTER FUTURE, WHERE EVERY CHILD HAS THE OPPORTUNITY TO REACH THEIR FULL POTENTIAL. TOGETHER, WE ARE BUILDING A BRIDGE TO SUCCESS, ONE FAMILY AT A TIME. OUR PROGRAMS ARE A BEACON OF HOPE, OFFERED TO ELIGIBLE CHILDREN AND FAMILIES AT NO COST. TO ENSURE TARGETED IMPACT, WE EMPLOY A METICULOUS RECRUITMENT,SELECTION, AND ENROLLMENT PROCESS, REACHING THE POPULATIONS IN GREATEST NEED OF OUR SERVICES. UPON ENROLLMENT, EACH FAMILY RECEIVES PERSONALIZED SUPPORT FROM OUR DEDICATED TEAM MEMBERS. TOGETHER, THEY SET AMBITIOUS STUDENT AND FAMILY GOALS, AND WE LEAVE NO STONE UNTURNED

Program Service Accomplishments

Program 1

Expenses: $8,503,864

THE ALLIANCE CENTER FOR EDUCATION, AC4ED, IS DRIVEN BY A VISION-ENSURE THAT A FAMILY'S INCOME DOES NOT DICTATE A CHILD'S FUTURE. OUR MISSION IS TO PROVIDE HIGH-QUIALITY EDUCATION AND SUPPORT CHILDREN IN NEED THROUGH PARTNERSHIP WITH THEIR FAMILIES. OUR EARLY CHILDHOOD PROGRAM, MODELED AFTER THE HIGHLY EFEECTIVE HEAD START APPROACH, PROVIDES A COMPREHENSIVE RANGE OF SERVICES, FROM EDUCATION TO HOME VISITATION FOR EXPECTANT MOTHERS AND CHILDREN AGED BIRTH TO 5. OUR HOLISTIC APPROACH FOSTERS EARLY LEARNING AND DEVELOPMENT, HEALTH, AND FAMILY WELL-BEING, PAVING THE THE WAY FOR A BRIGHTER FUTURE. THROUGH STRATEGIC PARTNERSHIPS AND COMMITMENT, WE HAVE WITNESSED TRANSFORMATIVE OUTCOMES IN THE LIVES OF COUNTLESS CHILDREN AND FAMILIES. THE EARLY CHILDHOOD EDUCATION PROGRAMS ARE FUNDED BY FEDERAL GRANTS FROM HEAD START, EARLY HEAD START AND MUNICIPAL GRANTS FROM MECK PRE-K AND NC PRE-K.

Program 2

Expenses: $295,306

AT THE ALLIANCE CENTER FOR EDUCATION, WE OFFER A DYNAMIC CONTINUUM OF SERVICES TO SUPPORT CHILDREN'S TRANSITION FROM PRE-KNDERGARTEN TO THEIR K- 12 SCHOOL YEARS. OUR OUT OF SCHOOL TIME (OST) PROGRAM IS AVAILABLE THROUGHOUT THE ACADEMIC YEAR AND SUMMER CAMP, PROVIDING ENGAGING AND ENRICHING EXPERIENCES BEYOND REGULAR SCHOOL HOURS. OUR KINDERGARTEN-5TH GRADE OST PROGRAM FOSTERS A LOVE FOR LEARNING IN CHILDREN BY EXPLORING VARIOUS SUBJECTS, INCLUDING MATH, ART, SCIENCE, MUSIC, AND NUTRITION, THROUGH FUN LEARN-AT-PLAY ACTIVITIES IN THE AFTERNOON. OUR DEDICATED OST EDUCATIONAL PROFESSIONALS ALSO PROVIDE HOMEWORK HELP AND TUTORING TO KEEP SCHOOLWORK ON TRACK. WE ENSURE STUDENTS HAVE OPPORTUNITIES FOR PHYSICAL FITNESS ACTIVITIES, SPECIAL EVENTS, ARTS AND CRAFTS, AND FIELD TRIPS, ENCOURAGING THEIR CONTINUED PARTICIPATION YEAR AFTER YEAR. ADDITIONALLY, OUR 6TH GRADE-12TH OST- AC4ED TEEN LEADERSHIP COOPERATIVE PROGRAM IS DESIGNED AS A SOCIAL LEARNING ENVIRONMENT TO EQUIP STUDENTS ENTERING THEIR TEENS WITH CRITICAL THINKING SKILLS THAT WILL SERVE THEM FOR A LIFETIME. APART FROM TUTORING AND HOMEWORK ASSISTANCE, OUR OST EDUCATIONAL PROFESSIONALS MENTOR AC4ED STUDENTS IN PERSONAL DEVELOPMENT, CHARACTER EDUCATION, GOAL-SETTING, TIME MANAGEMENT, FINANCIAL PLANNING, UNDERSTANDING VARIOUS CAREER OPPORTUNITIES, AND CONSIDERING COLLEGE OPTIONS AND TOURS. TO CREATE A BALANCED EDUCATIONAL EXPERIENCE, WE INCOPORATE GUEST SPEAKERS, FIELD TRIPS,SPECIAL EVENTS AND EXPLORATION IN ARTS, MUSIC, AND NUTRITION SCIENCES. WE ARE PROUD TO SUPPORT THESE PROGRAMS THROUGH MUNICIPAL ADN CORPORATE GRANTS, ALONG WITH FUNDRAISING ACTIVITIES.

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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 $10,805,087

Program Service Revenue $75,134

Investment Income $111,973

Other Revenue $0

TOTAL REVENUE $10,992,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,224,091

Fundraising Expenses $0

Program Expenses $8,979,823

Other Expenses $3,232,096

TOTAL EXPENSES $10,456,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,992,194	$10,629,946	+0.0%
Expenses	$10,456,187	$10,748,690	0.0%
Net Income	$536,007	$-118,744	-5.5%

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

132

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

$291,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JARED KEATON	CEO	40.00	Officer	$182,757	$0	$182,757
BRIAN LUCKADOO	CFO	40.00	Officer	$108,923	$0	$108,923
ALEXANDRIA ADDISON	DIRECTOR	N/A	Director	$0	$0	$0
MAUDRE ADDISON	DIRECTOR	N/A	Director	$0	$0	$0
TAYLOR BARBOUR	DIRECTOR	N/A	Director	$0	$0	$0
ANDY BELK	DIRECTOR	N/A	Director	$0	$0	$0
DIANN BLACK	DIRECTOR	N/A	Director	$0	$0	$0
BISHOP KEN CARTER	DIRECTOR	N/A	Director	$0	$0	$0
JOHN DEMICCO	DIRECTOR	N/A	Director	$0	$0	$0
SAMANTHA DUNBAR	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE JONES	DIRECTOR	N/A	Director	$0	$0	$0
KIM LANGSTAFF	DIRECTOR	N/A	Director	$0	$0	$0
JORGE MANJARRES	DIRECTOR	N/A	Director	$0	$0	$0
MICHELENE MATHEWS	DIRECTOR	N/A	Director	$0	$0	$0
REV DANIEL PEZET	DIRECTOR	N/A	Director	$0	$0	$0
ANTHONY STRADFORD	DIRECTOR	N/A	Director	$0	$0	$0
JOANIE STROHM	DIRECTOR	N/A	Director	$0	$0	$0
RONDA WILLIAMS	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$10,992,194	$10,456,187	$4,978,136	$536,007
2023	$10,629,946	$10,748,690	$4,759,546	$-118,744
2022	$9,656,987	$9,941,270	$4,956,730	$-284,283
2021	$11,149,397	$9,479,613	$4,798,728	$1,669,784
2020	$10,465,918	$9,686,460	$4,613,212	$779,458