VITAMIN ANGEL ALLIANCE INC

EIN: 770485881 501(c)(3) Food, Agriculture & Nutrition

GOLETA, CA

Total Revenue
$197,118,143
Total Expenses
$150,610,811
Total Assets
$146,071,170
Net Assets
$141,125,865
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
BONNIE FORSSELL
Phone
8886154123
Tax Period
2024-01-01 to 2024-12-31

VITAMIN ANGEL ALLIANCE INC, founded in 1998, is a major nonprofit in the Food, Agriculture & Nutrition sector that reported $197.1M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46.5M, a strong 24% operating margin.

Mission

IMPROVE THE HEALTH OF AT-RISK POPULATIONS, SPECIFICALLY PREGNANT WOMEN AND CHILDREN UNDER FIVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $195,927,000
Program Service Revenue $0
Investment Income $1,046,774
Other Revenue $144,369
TOTAL REVENUE $197,118,143

Expense Breakdown

Grants Paid $126,692,550
Salaries & Benefits $10,123,222
Fundraising Expenses $6,564,474
Program Expenses $140,582,310
Other Expenses $13,582,539
TOTAL EXPENSES $150,610,811

Year-over-Year Comparison

2024 2023 Change
Revenue $197,118,143 $132,054,669 +0.5%
Expenses $150,610,811 $140,544,815 +0.1%
Net Income $46,507,332 $-8,490,146 -6.5%
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
13
Independent Members
11
Employees
74
Volunteers
13

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
2
$1,565,830
Total Directors
13
$1,413,613
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD B SCHIFFER PRESIDENT/CEO 40.00
Officer Director
$1,192,836 $68,277 $1,261,113
CLAYTON AJELLO BOARD MEMBER & PROGRAM ADVANCEMENT 20.30
Director
$152,500 $0 $152,500
JIM HAMILTON BOARD CHAIR 2.00
Director
$0 $0 $0
DR ROBERT BLACK BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE BROOKS BOARD MEMBER 2.00
Director
$0 $0 $0
PARUL CHRISTIAN BOARD MEMBER 2.00
Director
$0 $0 $0
SUTIAN DONG BOARD MEMBER 2.00
Director
$0 $0 $0
WILLIAM HOOD BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH KIMANI-MURAGE BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS MERIAM BOARD MEMBER 2.00
Director
$0 $0 $0
CARLYLE NEWELL BOARD MEMBER 2.00
Director
$0 $0 $0
JILL STAIB BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN WOOD BOARD MEMBER 2.00
Director
$0 $0 $0
BONNIE FORSSELL CFO/SECRETARY/TREASURER 40.00
Officer
$278,223 $26,494 $304,717
SCOTT MINGER CHIEF DEVELOPMENT OFFICER 40.00
Highest
$329,493 $26,594 $356,087
AMY STANFIELD CHIEF OPERATIONS OFFICER 40.00
Highest
$282,350 $9,267 $291,617
MICHELLE ROBBINS SVP OF MARKETING 40.00
Highest
$215,823 $18,058 $233,881
CAROL WYLIE DIR OF CORP/FDN DONOR ENGAGEMENT 40.00
Highest
$178,998 $25,418 $204,416
AMANDA WILSON SENIOR DIR OF FINANCE AND ACCOUNTING 40.00
Highest
$182,600 $16,735 $199,335
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 $197,118,143 $150,610,811 $146,071,170 $46,507,332
2023 $132,054,669 $140,544,815 $99,124,655 $-8,490,146
2022 $131,095,448 $130,345,817 $105,080,600 $749,631
2021 $116,770,556 $120,175,973 $103,339,161 $-3,405,417
2020 $129,153,848 $95,948,154 $106,393,106 $33,205,694
2019 $105,309,699 $110,847,061 $72,258,733 $-5,537,362
2018 $136,019,760 $111,509,795 $77,071,920 $24,509,965
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