THE POVERTY ALLEVIATION FUND INC

EIN: 842962609 501(c)(3) Human Services

DOVER, DE

Total Revenue
$219,674
Total Expenses
$55,647
Total Assets
$164,027
Net Assets
$164,027
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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
DE
Principal Officer
ARTHUR N HOLCOMBE
Phone
6174918689
Tax Period
2019-01-01 to 2019-12-31

THE POVERTY ALLEVIATION FUND INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $220K in total revenue in fiscal year 2019. The organization ran a surplus of $164K, a strong 75% operating margin.

Mission

TO ALLEVIATE POVERTY THROUGH THE PROVISION OF EDUCATION, SKILLS TRAINING, & HUMANITARIAN ASSISTANCE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $219,674
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $219,674

Expense Breakdown

Grants Paid $52,026
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,026
Other Expenses $3,621
TOTAL EXPENSES $55,647

Year-over-Year Comparison

2019 2018 Change
Revenue $219,674 N/A N/A
Expenses $55,647 N/A N/A
Net Income $164,027 N/A N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR N HOLCOMBE PRESIDENT 6.00
Officer Director
$0 $0 $0
EDWARD E WENDELL TREASURER 1.00
Officer Director
$0 $0 $0
BARRY L COLLEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM MACARTHUR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN H HOLCOMBE SECRETARY 1.00
Officer 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
2019 $219,674 $55,647 $164,027 $164,027
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