Healthcare Leaders Association of … - Form 990 Financial Data

🔒

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

1975

Legal Domicile

Principal Officer

Lisa O Beard

Phone

2058022050

Tax Period

2024-09-01 to 2025-08-31

Healthcare Leaders Association of Alabama Inc, founded in 1975, is a small nonprofit in the Community Improvement sector that reported $485K in total revenue in fiscal year 2024.

Mission

To advance the art and science of medical practice management to improve the health of our communities.

Program Service Accomplishments

Program 1

Expenses: $366,086 Revenue: $459,040

Held meetings and seminars to share information relating to managers of medical groups.

🔒

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 $0

Program Service Revenue $459,040

Investment Income $25,748

Other Revenue $0

TOTAL REVENUE $484,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $366,086

Other Expenses $479,906

TOTAL EXPENSES $479,906

Year-over-Year Comparison

	2024	2023	Change
Revenue	$484,788	$473,482	+0.0%
Expenses	$479,906	$482,900	0.0%
Net Income	$4,882	$-9,418	-1.5%

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

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
Todd Ledford	Past President	3.00	Officer Director	$0	$0	$0
Thalia Baker	President	6.00	Officer Director	$0	$0	$0
Tony Palazzo	President Elect	3.00	Officer Director	$0	$0	$0
Samantha Wiseman	Vice President	3.00	Officer Director	$0	$0	$0
Tamekia Buchanon	Secretary/Treasurer	3.00	Officer Director	$0	$0	$0
William Wiggins	South Alabama Member at La	3.00	Director	$0	$0	$0
John Cade	Past President at Large	3.00	Director	$0	$0	$0
David Carmichael	North Alabama Member at La	3.00	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	$484,788	$479,906	$581,084	$4,882
2024	$473,482	$482,900	$576,202	$-9,418
2023	$482,870	$431,206	$585,620	$51,664
2022	$432,895	$430,573	$533,956	$2,322
2021	$418,572	$373,963	$531,634	$44,609
2020	$433,588	$418,274	$487,025	$15,314
2019	$466,580	$471,719	$471,711	$-5,139
2018	$477,447	$454,180	$476,850	$23,267

Healthcare Leaders Association of Alabama Inc