ALPHA LIGHT FUND INCORPORATED (EIN 822440761) - 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

GLENN GREGORY

Phone

6072725550

Tax Period

2023-01-01 to 2023-12-31

ALPHA LIGHT FUND INCORPORATED, founded in 2017, is a small nonprofit in the Education sector that reported $175K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $418K exceeded revenue, resulting in a 139% operating deficit.

Mission

SUPPORTS INITIATIVES FOR STUDENTS AND YOUNG ADULTS THAT EMPOWER THEM TO MAKE SUCCESSFUL CONTRIBUTIONS TO THEIR PERSONAL DEVELOPMENT AND TO SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $97,090

Program Service Revenue $0

Investment Income $77,696

Other Revenue $0

TOTAL REVENUE $174,786

Expense Breakdown

Grants Paid $2,812

Salaries & Benefits $0

Fundraising Expenses $141,958

Program Expenses $254,577

Other Expenses $415,331

TOTAL EXPENSES $418,143

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,786	$3,441,494	-0.9%
Expenses	$418,143	$335,112	+0.2%
Net Income	$-243,357	$3,106,382	-1.1%

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

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
DENNIS MITCHELL	PRESIDENT	Officer Director	$0	$0	$0
SHAWN LEE	VICE PRESIDENT	Officer Director	$0	$0	$0
GLENN GREGORY	SECRETARY & TREASURER	Officer Director	$0	$0	$0
MAX AGGREY	DIRECTOR	Director	$0	$0	$0
ROGER BAILEY	DIRECTOR	Director	$0	$0	$0
EARNEST ELMORE	DIRECTOR	Director	$0	$0	$0
SHAWN ROBERTSON	DIRECTOR	Director	$0	$0	$0
REGINALD WHITE	DIRECTOR	Director	$0	$0	$0
FRANK WILKINSON	DIRECTOR	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	No data	No data	No data	No data
2023	$174,786	$418,143	$5,661,470	$-243,357
2022	$3,441,494	$335,112	$5,838,154	$3,106,382

ALPHA LIGHT FUND INCORPORATED