ALES FOUNDATION (EIN 842260420) - 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

2019

Legal Domicile

Principal Officer

CHRIS ALES

Phone

4172480044

Tax Period

2023-01-01 to 2023-12-31

ALES FOUNDATION, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $289K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $281K, a strong 97% operating margin.

Mission

FOSTER DECENT AFFORDABLE HOUSING FOR INDIVIDUALS WITH LOW TO MODERATE INCOME AND AID SUCH INDIVIDUALS IN NEED OF ASSISTANCE WITH EDUCATIONAL NEEDS

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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 $289,235

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $289,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,000

Other Expenses $8,000

TOTAL EXPENSES $8,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,235	$3,870,775	-0.9%
Expenses	$8,000	$76,997	-0.9%
Net Income	$281,235	$3,793,778	-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
CHRIS ALES	PRESDIENT	N/A	Officer	$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	$289,235	$8,000	$11,825,969	$281,235
2022	$3,870,775	$76,997	$11,536,728	$3,793,778
2021	$4,030,092	$74,069	$7,357,021	$3,956,023
2020	$3,350,600	$25,524	$3,400,078	$3,325,076

ALES FOUNDATION