DALLAS INNOVATION ALLIANCE (EIN 815161144) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

LLOYD SHELTON BOWLES

Phone

2149090400

Tax Period

2024-01-01 to 2024-12-31

DALLAS INNOVATION ALLIANCE, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

The Dallas Innovation Alliance (DIA) is a 501(c)(3) public-private consortium of public, private, civic and academia to support smart city initiatives in Dallas. Our definition of a Smart City is one at the intersection of community, data and technology to improve quality of life, facilitate inclusive economic growth and access to opportunity, and increase resource efficiencies. Namely, how do we come together to find new ways to solve pressing challenges? Our most significant activities are focused on closing the digital divide through a number of programs to fill the homework gap, STEM programming, support residents applying for the Affordable Connectivity Program, access devices and learning digital skills.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,553,389

Program Service Revenue $0

Investment Income $0

Other Revenue $19,278

TOTAL REVENUE $1,572,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,232,867

Fundraising Expenses $24,515

Program Expenses $1,675,588

Other Expenses $741,857

TOTAL EXPENSES $1,974,724

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,572,667	$940,455	+0.7%
Expenses	$1,974,724	$1,175,616	+0.7%
Net Income	$-402,057	$-235,161	+0.7%

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

Volunteers

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

$186,537

Total Directors

$186,537

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER SANDERS	Exec Dir/sec	50.00	Officer Director	$160,000	$8,537	$168,537
LLOYD SHELTON BOWLES	Chairman	10.00	Officer Director	$18,000	$0	$18,000
ERIC GRIFFIN	Director	1.00	Director	$0	$0	$0
VICTOR FISHMAN	Director	1.00	Director	$0	$0	$0
BRENNA BERMAN	Treasurer	1.00	Officer Director	$0	$0	$0
DR LARRY TERRY	Director	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	$1,572,667	$1,974,724	$993,246	$-402,057
2023	$940,455	$1,175,616	$1,434,385	$-235,161
2022	$1,635,440	$511,672	$1,494,572	$1,123,768
2021	$379,748	$309,061	$90,614	$70,687
2021	$379,748	$314,633	$211,649	$65,115

DALLAS INNOVATION ALLIANCE