ALETHAS LEGACY INC (EIN 842829402) - 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

Principal Officer

ZHALMAN HARRIS

Phone

8506126160

Tax Period

2024-01-01 to 2024-12-31

ALETHAS LEGACY INC is a small nonprofit in the Education sector that reported $201K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $87K, a strong 43% operating margin.

Mission

IMPROVE EDUCATION FOR LIBERIAN CHILDREN

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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 $200,782

Program Service Revenue $0

Investment Income $0

Other Revenue $576

TOTAL REVENUE $201,358

Expense Breakdown

Grants Paid $80,371

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,026

Other Expenses $33,655

TOTAL EXPENSES $114,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,358	$213,262	-0.1%
Expenses	$114,026	$140,767	-0.2%
Net Income	$87,332	$72,495	+0.2%

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

N/A

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
K SINGLETON	SECRETARY	1	Officer	$0	$0	$0
W WHIDDEN	FINANCIAL DIRE	1	Officer	$0	$0	$0
Z HARRIS	PRESIDENT	25	Officer	$0	$0	$0
DION MONIZ	VICE PRESIDENT	1	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	$201,358	$114,026	$207,910	$87,332
2023	$213,262	$140,767	$110,578	$72,495
2022	$206,372	$196,778	$38,083	$9,594

ALETHAS LEGACY INC