ALPHA ARMS INC (EIN 561082871) - 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

1973

Legal Domicile

Principal Officer

RASHAD HINNANT

Phone

9197384495

Tax Period

2024-07-01 to 2025-06-30

ALPHA ARMS INC, founded in 1973, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 3% surplus.

Mission

TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES.

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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 $942,768

Program Service Revenue $275,594

Investment Income $705

Other Revenue $0

TOTAL REVENUE $1,219,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $171,062

Fundraising Expenses $0

Program Expenses $889,990

Other Expenses $1,008,428

TOTAL EXPENSES $1,179,490

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,219,067	$839,431	+0.5%
Expenses	$1,179,490	$903,518	+0.3%
Net Income	$39,577	$-64,087	-1.6%

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
RASHAD HINNANT	CHAIRMAN	5.00	Officer Director	$0	$0	$0
LARRY JOHNSON	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
SAMUEL LLOYD	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTOPHER GRIFFIN	TREASURER	2.00	Officer Director	$0	$0	$0
EARL MOORE JR	CHAPTER PRESIDENT	2.00	Officer Director	$0	$0	$0
JIMMIE E FORD	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
HUGHE JONES	MEMBER	2.00	Director	$0	$0	$0
NICKY WILLIAMS	MEMBER	2.00	Director	$0	$0	$0
TARIK FISHER	MEMBER	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
2025	$1,219,067	$1,179,490	$4,104,412	$39,577
2024	$839,431	$903,518	$4,408,784	$-64,087
2023	$863,412	$939,298	$4,531,036	$-75,886
2022	$833,615	$901,960	$4,695,512	$-68,345
2021	$871,065	$892,110	$4,866,337	$-21,045
2020	$845,241	$931,751	$4,982,172	$-86,510
2019	$830,954	$957,018	$5,123,813	$-126,064

ALPHA ARMS INC