ALLIANCE FOR EDUCATION FOUNDATION INC (EIN 831317787) - 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

2018

Legal Domicile

Principal Officer

BERNARD SAVAGE

Phone

2152324892

Tax Period

2024-07-01 to 2025-06-30

ALLIANCE FOR EDUCATION FOUNDATION INC, founded in 2018, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

TO SUPPORT THE MISSION AND ACTIVITIES OF ALLIANCE FOR PROGRESS CHARTER SCHOOL

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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 $0

Program Service Revenue $0

Investment Income $82,987

Other Revenue $1,144,352

TOTAL REVENUE $1,227,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $847,306

Other Expenses $1,213,390

TOTAL EXPENSES $1,213,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,227,339	$1,361,179	-0.1%
Expenses	$1,213,390	$1,226,523	0.0%
Net Income	$13,949	$134,656	-0.9%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNARD SAVAGE	PRESIDENT	0.50	Officer Director	$0	$0	$0
DR KENNETH SCOTT	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
SHALIMAR THOMAS	BOARD MEMBER	0.50	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
2025	$1,227,339	$1,213,390	$15,859,812	$13,949
2024	No data	No data	No data	No data
2023	$1,162,498	$1,222,119	$16,451,095	$-59,621
2022	$826,878	$1,247,695	$16,723,738	$-420,817
2021	$763,776	$1,256,193	$17,150,638	$-492,417
2020	$109,529	$1,295,073	$17,880,769	$-1,185,544
2019	$100,000	$48	$581,760	$99,952

ALLIANCE FOR EDUCATION FOUNDATION INC