AFRICAN AMERICAN LEADERSHIP ALLIANCE - MILWAUKEE INC

EIN: 825270855 501(c)(3) Arts, Culture & Humanities

MILWAUKEE, WI

Total Revenue
$1,437,272
Total Expenses
$606,853
Total Assets
$1,154,886
Net Assets
$1,116,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WI
Principal Officer
ANGELA ADAMS
Phone
4144604311
Tax Period
2025-01-01 to 2025-12-31

AFRICAN AMERICAN LEADERSHIP ALLIANCE - MILWAUKEE INC, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2025. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $830K, a strong 58% operating margin.

Mission

AALAM IS A NONPROFIT, CROSS-SECTOR NETWORK OF COMMUNITY STAKEHOLDERS DEDICATED TO DEVELOPING, SUPPORTING, AND POSITIONING MILWAUKEE'S REGIONAL TALENT STRATEGY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,264,153
Program Service Revenue $167,119
Investment Income $6,000
Other Revenue $0
TOTAL REVENUE $1,437,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,868
Fundraising Expenses $31,023
Program Expenses $418,593
Other Expenses $492,985
TOTAL EXPENSES $606,853

Year-over-Year Comparison

2025 2024 Change
Revenue $1,437,272 $588,475 +1.4%
Expenses $606,853 $899,546 -0.3%
Net Income $830,419 $-311,071 -3.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
8

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
$277,500
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS BEHLING DIRECTOR 1.00
Director
$0 $0 $0
DR SYNEATHIA LAGRANT SECRETARY 5.00
Officer Director
$0 $0 $0
KYLE LINDBERG TREASURER 5.00
Officer Director
$0 $0 $0
MICHAEL MORGAN BOARD CHAIR 5.00
Officer Director
$0 $0 $0
MILIKA MILLER PHD DIRECTOR 1.00
Director
$0 $0 $0
TERRENCE MOORE SR DIRECTOR 1.00
Director
$0 $0 $0
ANTOINE MCDUFFIE DIRECTOR 1.00
Director
$0 $0 $0
TANYA HINES DIRECTOR 1.00
Director
$0 $0 $0
ANGELA ADAMS PRESIDENT & CEO 40.00
Officer
$277,500 $0 $277,500
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
2025 $1,437,272 $606,853 $1,154,886 $830,419
2024 No data No data No data No data
2023 $1,184,166 $1,022,604 $740,342 $161,562
2022 $537,758 $841,495 $577,615 $-303,737
2021 $528,123 $514,791 $890,414 $13,332
2020 $1,045,385 $345,967 $840,745 $699,418
2019 $228,750 $176,363 $104,358 $52,387
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