ASHLAND ALLIANCE CORPORATION

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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

1999

Legal Domicile

Principal Officer

SCOTT MARTIN

Phone

6063245111

Tax Period

2025-01-01 to 2025-12-31

ASHLAND ALLIANCE CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $428K in total revenue in fiscal year 2025. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 16% operating margin.

Mission

TO CREATE AN ENVIRONMENT WHICH SUPPORTS EXISTING BUSINESS EXPANSION AND RETENTION AND TO RECRUIT NEW BUSINESSES AND INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $196,919

TO CREATE AN ENVIRONMENT WHICH SUPPORTS THE NEEDS OF THE EXISTING MEMBER BUSINESSES IN BOYD AND GREENUP COUNTIES AND PROVIDE SERVICES TO HELP THEM GROW AND BE COMPETITIVE.

Program 2

Expenses: $6,055

PROVIDE SUPPORT TO ATTRACT NEW BUSINESS AND EXPAND CURRENT BUSINESSES THROUGH ECONOMIC DEVELOPMENT 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 (2025)

Revenue Breakdown

Contributions & Grants $328,961

Program Service Revenue $17,775

Investment Income $0

Other Revenue $81,485

TOTAL REVENUE $428,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,095

Fundraising Expenses $50,455

Program Expenses $202,974

Other Expenses $160,890

TOTAL EXPENSES $357,985

Year-over-Year Comparison

	2025	2024	Change
Revenue	$428,221	$315,800	+0.4%
Expenses	$357,985	$385,851	-0.1%
Net Income	$70,236	$-70,051	-2.0%

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

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

$111,990

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MARTIN	PRESIDENT	40.00	Officer	$76,153	$0	$76,153
SYNDI PIERCE	COO	N/A	Officer	$20,284	$0	$20,284
SAMANTHA PRINCE	DIR. OF COMM	N/A	Officer	$15,553	$0	$15,553
JAMES ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
LARRY ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
BRENT BROWN	DIRECTOR	N/A	Director	$0	$0	$0
MAYOR CHUCK CHARLES	DIRECTOR	N/A	Director	$0	$0	$0
BRANDY CLARK	DIRECTOR	N/A	Director	$0	$0	$0
DEBBIE COSPER	DIRECTOR	N/A	Director	$0	$0	$0
KARI CULLOP	DIRECTOR	N/A	Director	$0	$0	$0
JUDGE ERIC CHANEY	DIRECTOR	N/A	Director	$0	$0	$0
LARRY FERGUSON	CHAIRPERSON	N/A	Director	$0	$0	$0
NATHAN FRANCKOWIAK	DIRECTOR	N/A	Director	$0	$0	$0
JUDGE ROBERT HALL	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN HALTER	DIRECTOR	N/A	Officer Director	$0	$0	$0
LANCE HANSHAW	DIRECTOR	N/A	Director	$0	$0	$0
ROD HIENEMAN	CHAIRPERSON	N/A	Director	$0	$0	$0
MICHAEL W HOBBS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN L HOLBROOK	DIRECTOR	N/A	Director	$0	$0	$0
MITCH HALL	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW JONES	DIRECTOR	N/A	Officer Director	$0	$0	$0
ERVENA HOWARD KISER	DIRECTOR	N/A	Director	$0	$0	$0
SARA MARKS	DIRECTOR	N/A	Director	$0	$0	$0
MARILYN MASON	DIRECTOR	N/A	Director	$0	$0	$0
TRAYSEA MORESEA	DIRECTOR	N/A	Director	$0	$0	$0
TIM MUFFLEY	DIRECTOR	N/A	Director	$0	$0	$0
RON MCCLOUD	DIRECTOR	N/A	Director	$0	$0	$0
APRIL PERRY	DIRECTOR	N/A	Director	$0	$0	$0
RYAN REAMS	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT RIGSBY	CHAIRPERSON	N/A	Director	$0	$0	$0
JEREMY SUTHERLAND	DIRECTOR	N/A	Director	$0	$0	$0
CINDY WISEMAN	DIRECTOR	N/A	Director	$0	$0	$0
JOHN M SPEARS CPA	TREASURER	N/A	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	$428,221	$357,985	$131,130	$70,236
2024	No data	No data	No data	No data
2023	$489,844	$502,224	$135,178	$-12,380
2022	$464,467	$497,421	$148,375	$-32,954
2021	$497,388	$404,101	$182,022	$93,287
2020	$332,611	$458,655	$139,551	$-126,044
2019	$604,396	$657,203	$210,475	$-52,807
2018	$677,966	$803,330	$263,258	$-125,364