ALABAMA NURSING HOME ASSOCIATION EDUCATION FOUNDATION (EIN 631074164) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

SALLEE SASSER-WILLIAMS

Phone

3342716214

Tax Period

2024-01-01 to 2024-12-31

ALABAMA NURSING HOME ASSOCIATION EDUCATION FOUNDATION, founded in 1992, is a mid-sized nonprofit in the Education sector that reported $80.8M in total revenue in fiscal year 2020. Revenue surged 210461% from the prior year, signaling strong growth momentum. Expenses of $68.7M left a modest 15% surplus.

Mission

TO ESTABLISH AND MAINTAIN EDUCATIONAL PROGRAMS TO INCREASE PUBLIC AWARENESS OF ISSUES AFFECTING ELDERLY AND TO DEVELOP SCHOLARSHIP PROGRAMS FOR WORTHY STUDENTS IN THE FIELD OF GERIATRICS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,627

Other Revenue $0

TOTAL REVENUE $1,627

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $243,960

Other Expenses $340,699

TOTAL EXPENSES $341,699

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,627	$100,380,275	-1.0%
Expenses	$341,699	$100,213,688	-1.0%
Net Income	$-340,072	$166,587	-3.0%

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

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	Role	Reportable Comp	Other Comp	Total
BRANDON FARMER	TRUSTEE	Director	$0	$0	$0
EDDIE JACKSON	TRUSTEE	Director	$0	$0	$0
CAROL KNIGHT	TRUSTEE	Director	$0	$0	$0
ARMELIA OLIVER	TRUSTEE	Director	$0	$0	$0
CHRIS SCHMIDT	TRUSTEE	Director	$0	$0	$0
JIM WALKER	TRUSTEE	Director	$0	$0	$0
FRANK BROWN	CHAIRMAN	Officer Director	$0	$0	$0
BILLY JONES	VICE-CHAIRMAN	Officer Director	$0	$0	$0
SALLEE SASSER-WILLIAMS	SECRETARY/TREASURER	Officer 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
2024	$1,627	$341,699	$336,747	$-340,072
2023	$100,380,275	$100,213,688	$676,819	$166,587
2022	$40,095,704	$79,993,622	$510,232	$-39,897,918
2021	$40,141,575	$12,165,200	$40,408,149	$27,976,375
2020	$80,752,240	$68,718,397	$12,432,516	$12,033,843

ALABAMA NURSING HOME ASSOCIATION EDUCATION FOUNDATION