SEARCH FUND ALLIANCE INC

EIN: 813656795 Community Improvement

LOS ANGELES, CA

Total Revenue
$23,500
Total Expenses
$6,949
Total Assets
$45,270
Net Assets
$30,103
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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
2016
Legal Domicile
CA
Principal Officer
M-K O'CONNELL
Phone
2136220066
Tax Period
2024-01-01 to 2024-12-31

SEARCH FUND ALLIANCE INC, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 70% operating margin.

Mission

SEARCH FUNDS HAVE BEEN SUCCESSFUL IN BUILDING GREAT BUSINESSES IN LARGE PART DUE TO THE TRUE PARTNERSHIP BETWEEN YOUNG CEOS AND THEIR INVESTORS. AS THE INDUSTRY GROWS AND BECOMES MORE MAINSTREAM, THE SEARCH FUND ALLIANCE WILL DRIVE PARTNERSHIP AND ENSURE THAT THE ESSENCE OF WHAT HAS MADE GREAT CEOS AND GREAT COMPANIES IS PRESERVED AND ULTIMATELY ENHANCED. TRUSTED PARTNERSHIP IS THE CORNERSTONE TO EVERYONE'S SUCCESS. WE ARE COMMITTED TO THAT PRINCIPLE.WE PROMOTE PARTNERSHIP IN THE SEARCH FUND COMMUNITY BY CREATING SAFE, FRANK AND RESPECTFUL FORUMS TO:-DRILL DOWN INTO ISSUES THAT DIVIDE THE COMMUNITY-MAKE BOARD MEMBERS AND INVESTORS MORE EFFECTIVE TO THEIR CEOS

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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 $0
Program Service Revenue $23,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,949
TOTAL EXPENSES $6,949

Year-over-Year Comparison

2024 2023 Change
Revenue $23,500 $58,666 -0.6%
Expenses $6,949 $63,619 -0.9%
Net Income $16,551 $-4,953 -4.3%
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
5
Independent Members
5
Employees
N/A
Volunteers
11

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
M-K O'CONNELL PRESIDENT/BOARD MEMBER 1.00
Officer Director
$0 $0 $0
PETER A SCHOBER SECRETARY & TREASURER/BOAR 1.00
Officer Director
$0 $0 $0
ALESSANDRO MINA BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK VAN LINT BOARD MEMBER 1.00
Director
$0 $0 $0
TOMAS BERGSTRAND BOARD MEMBER 1.00
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
2024 $23,500 $6,949 $45,270 $16,551
2023 $58,666 $63,619 $33,519 $-4,953
2022 $83,083 $90,573 $67,892 $-7,490
2021 $100,542 $88,535 $96,239 $12,007
2020 $104,291 $82,047 $54,244 $22,244
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