THE ALLIANCE

EIN: 640851107

CORINTH, MS

Total Revenue
$3,723,400
Total Expenses
$917,782
Total Assets
$9,912,840
Net Assets
$8,203,050
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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
1994
Legal Domicile
MS
Principal Officer
GT MCCULLOUGH
Phone
6622875269
Tax Period
2023-10-01 to 2024-09-30

THE ALLIANCE, founded in 1994, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 271% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 75% operating margin.

Mission

TO PROVIDE UNIFIED LEADERSHIP FOR SUSTAINING AND ENCHANCING ECONOMIC DEVELOPMENT AND A BETTER QUALITY OF LIFE FOR ALL CITIZENS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,692,537
Program Service Revenue $24,285
Investment Income $1,848
Other Revenue $4,730
TOTAL REVENUE $3,723,400

Expense Breakdown

Grants Paid $30,800
Salaries & Benefits $515,112
Fundraising Expenses $0
Other Expenses $371,870
TOTAL EXPENSES $917,782

Year-over-Year Comparison

2023 2022 Change
Revenue $3,723,400 $1,003,491 +2.7%
Expenses $917,782 $860,308 +0.1%
Net Income $2,805,618 $143,183 +18.6%
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

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Governance

Voting Members
38
Independent Members
38
Employees
5
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
4
$191,914
Total Directors
38
$191,914
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAYTON STANLEY PRESIDENT/CE 40.00
Officer Director
$118,452 $0 $118,452
GT MCCULLOUGH PRESIDENT/CE 40.00
Officer Director
$73,462 $0 $73,462
RENEE CARLTON CHAIRMAN N/A
Officer Director
$0 $0 $0
BEN TUCKER PAST CHAIRMA N/A
Officer Director
$0 $0 $0
MARY KATHERINE JONES EXECUTIVE CO N/A
Director
$0 $0 $0
DARLA JOHNSON EXECUTIVE CO N/A
Director
$0 $0 $0
JIM HOBSON EXECUTIVE CO N/A
Director
$0 $0 $0
STEVE HEFNER EXECUTIVE CO N/A
Director
$0 $0 $0
HUNTER MCCALLA EXECUTIVE CO N/A
Director
$0 $0 $0
KATE BURCHAM EXECUTIVE CO N/A
Director
$0 $0 $0
PETER FISHER EXECUTIVE CO N/A
Director
$0 $0 $0
JOHN D MERCIER EXECUTIVE CO N/A
Director
$0 $0 $0
JEFF BELCHER DIRECTOR N/A
Director
$0 $0 $0
GREG JAMES DIRECTOR N/A
Director
$0 $0 $0
MATT QUINN DIRECTOR N/A
Director
$0 $0 $0
SHANNON MILLER DIRECTOR N/A
Director
$0 $0 $0
HAYDEN WORSHAM DIRECTOR N/A
Director
$0 $0 $0
DAVID ROGERS DIRECTOR N/A
Director
$0 $0 $0
LEE CHILDRESS DIRECTOR N/A
Director
$0 $0 $0
CLAY ESSARY DIRECTOR N/A
Director
$0 $0 $0
BEN FERRELL DIRECTOR N/A
Director
$0 $0 $0
BRENT MARLAR DIRECTOR N/A
Director
$0 $0 $0
KYLE BETHAY DIRECTOR N/A
Director
$0 $0 $0
EMILY MCGRATH DIRECTOR N/A
Director
$0 $0 $0
STEVE THAMES DIRECTOR N/A
Director
$0 $0 $0
TAMMI FRAZIER DIRECTOR N/A
Director
$0 $0 $0
MARIA TULL DIRECTOR N/A
Director
$0 $0 $0
ROBERT WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
LESLEY RAINES DIRECTOR N/A
Director
$0 $0 $0
DANNY TURNER DIRECTOR N/A
Director
$0 $0 $0
WALTER WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
JEREMY BLAYLOCK DIRECTOR N/A
Director
$0 $0 $0
MICHAEL TATE DIRECTOR N/A
Director
$0 $0 $0
JACKIE HOLT DIRECTOR N/A
Director
$0 $0 $0
ZANE ELLIOTT DIRECTOR N/A
Director
$0 $0 $0
DYLAN RIDER DIRECTOR N/A
Director
$0 $0 $0
TAMMY PHILAMLEE DIRECTOR N/A
Director
$0 $0 $0
BILLY WHITE 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
2024 $3,723,400 $917,782 $9,912,840 $2,805,618
2023 $1,003,491 $860,308 $7,171,250 $143,183
2022 $884,808 $824,897 $7,018,414 $59,911
2021 $1,627,743 $1,164,000 $6,390,954 $463,743
2021 $1,627,743 $1,095,579 $6,459,375 $532,164
2020 $845,403 $710,850 $5,212,550 $134,553
2019 $1,802,089 $675,057 $5,122,309 $1,127,032
2018 $901,935 $715,617 $4,047,012 $186,318
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