CULTURAL HERITAGE ECONOMIC ALLIANCE INC

EIN: 850753667 501(c)(3)

WASHINGTON, DC

Total Revenue
$129,360
Total Expenses
$116,591
Total Assets
$47,021
Net Assets
$47,021
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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
2020
Legal Domicile
DC
Principal Officer
STEPHANIE M JONES
Phone
2029919600
Tax Period
2024-01-01 to 2024-12-31

CULTURAL HERITAGE ECONOMIC ALLIANCE INC, founded in 2020, is a small nonprofit that reported $129K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $117K left a modest 10% surplus.

Mission

To create inclusive and equitable opportunities for small BIPOC businesses and students to become active participants in the travel and tourism industry through our sustainable tourism initiatives.

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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 (2024)

Revenue Breakdown

Contributions & Grants $89,066
Program Service Revenue $40,294
Investment Income $0
Other Revenue $0
TOTAL REVENUE $129,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,750
Fundraising Expenses $9,600
Program Expenses $12,000
Other Expenses $111,841
TOTAL EXPENSES $116,591

Year-over-Year Comparison

2024 2023 Change
Revenue $129,360 $444,356 -0.7%
Expenses $116,591 $410,105 -0.7%
Net Income $12,769 $34,251 -0.6%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
3

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
$4,750
Total Directors
0
$0
Key Employees
1
$4,750
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Jones President & CEO 10.00
Officer Key Emp
$4,750 $0 $4,750
Dawn Drew Chair 3.00
Officer
$0 $0 $0
Matt Berna Treasurer 1.00
Officer
$0 $0 $0
Denella Ri'chard Secretary 1.00
Officer
$0 $0 $0
Shannon Stowell Member 1.00
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 $129,360 $116,591 $47,021 $12,769
2023 $444,356 $410,105 $34,252 $34,251
2023 $389,349 $98,868 $12,367 $290,481
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