THE POVERTY ALLEVIATION FUND INC

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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

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

THE POVERTY ALLEVIATION FUND, INC. ("TPAF") WAS FORMED TO ALLEVIATE POVERTY THROUGH THE PROVISION OF EDUCATION, SKILLS TRAINING, AND HUMANITARIAN ASSISTANCE TO DISADVANTAGED AND UNDERSERVED PEOPLE IN THE UNITED STATES AND THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $52,026

TO ACCOMPLISH ITS EDUCATIONAL AND CHARITABLE PURPOSES, TPAF INTENDS TO FOCUS ON GRANTMAKING TO OTHER TAX EXEMPT ORGANIZATIONS WHICH OPERATE PROGRAMS HELPING DISADVANTAGED OR UNDERSERVED MINORITIES...

TO ACCOMPLISH ITS EDUCATIONAL AND CHARITABLE PURPOSES, TPAF INTENDS TO FOCUS ON GRANTMAKING TO OTHER TAX EXEMPT ORGANIZATIONS WHICH OPERATE PROGRAMS HELPING DISADVANTAGED OR UNDERSERVED MINORITIES WHO ARE VETERANS RETURNING FROM ACTIVE DUTY IN ONE OF THE BRANCHES OF MILITARY SERVICE. TPAF WILL BE INVOLVED WITH PROGRAMS THAT ASSIST VETERANS WITH FURTHER EDUCATION, SKILLS TRAINING, CREDIT, AND NEEDED SUPPORTING TECHNICAL AND SOCIAL SERVICES THAT WILL ENABLE THEM TO SECURE EMPLOYMENT IN PRODUCTIVE AND PROFITABLE FARMING AND OTHER ALLIED AGRICULTURAL INDUSTRIES AND OCCUPATIONS IN THE MISSISSIPPI DELTA AREAS OF ARKANSAS, MISSISSIPPI, AND EASTERN TENNESSEE. THIS WILL BE EXPANDED AS FUNDING BECOMES AVAILABLE, TO PROVIDE SUPPORT FOR OTHER MILITARY VETERANS WHO ARE DISADVANTAGED OR UNDERSERVED MINORITIES, WHETHER JUST RETURNING FROM ACTIVE DUTY OR NOT.

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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 (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

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
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