FINANCING ALLIANCE FOR HEALTH

EIN: 850976806 501(c)(3) International Affairs

BETHLEHEM, PA

Total Revenue
$4,114,081
Total Expenses
$7,505,477
Total Assets
$4,868,482
Net Assets
$2,447,437
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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
IA
Principal Officer
SIZWILE SIBINDI
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

FINANCING ALLIANCE FOR HEALTH, founded in 2020, is a community nonprofit in the International Affairs sector that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $7.5M exceeded revenue, resulting in a 82% operating deficit.

Mission

FINANCING ALLIANCE FOR HEALTH ("FAH") IS A PUBLIC NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF IOWA ON MARCH 27, 2020. IN AN EFFORT TO IMPROVE HEALTH FOR ALL, FAH PARTNERS WITH GOVERNMENTS ON ALL STEPS OF FINANCING TO STRENGTHEN AND SUSTAIN COMMUNITY HEALTH SYSTEMS, WHILE LEVERAGING PRIMARY HEALTH CARE TO ATTAIN UNIVERSAL HEALTH COVERAGE. THE ORGANIZATION AIMS TO SERVE AS A FACILIATATOR BETWEEN THE WORLDS OF FINANCE AND HEALTH IN GLOBAL SOUTH COUNTRIES SO AS TO PROVIDE VALUE-ADDED AND LONG-TERM EMBEDDED CAPACITY TO GOVERNMENTS IN DESIGNING AND FINANCING COMMUNITY HEALTH SYSTEMS.

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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 $4,065,758
Program Service Revenue $0
Investment Income $46,106
Other Revenue $2,217
TOTAL REVENUE $4,114,081

Expense Breakdown

Grants Paid $549,786
Salaries & Benefits $2,008,924
Fundraising Expenses $540,828
Program Expenses $5,509,392
Other Expenses $4,946,767
TOTAL EXPENSES $7,505,477

Year-over-Year Comparison

2024 2023 Change
Revenue $4,114,081 $6,920,129 -0.4%
Expenses $7,505,477 $4,911,390 +0.5%
Net Income $-3,391,396 $2,008,739 -2.7%
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
8
Independent Members
7
Employees
25
Volunteers
11

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
3
$228,525
Total Directors
8
$228,525
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ANGELA GICHAGA CEO 40.00
Officer Director
$228,525 $0 $228,525
VICTORIA GOODFELLOW CHAIR 10.00
Officer Director
$0 $0 $0
VARSAY SIRLEAF TREASURER 5.00
Officer Director
$0 $0 $0
AMBASSADOR JOHN SIMON DIRECTOR 1.00
Director
$0 $0 $0
DR DANIEL PALAZUELOS DIRECTOR 5.00
Director
$0 $0 $0
DR AMIT CHANDRA DIRECTOR 1.00
Director
$0 $0 $0
HIND AL-KHATIB DIRECTOR 5.00
Director
$0 $0 $0
DR RADHA KARNAD DIRECTOR 5.00
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
2024 $4,114,081 $7,505,477 $4,868,482 $-3,391,396
2023 $6,920,129 $4,911,390 $6,997,989 $2,008,739
2022 $2,548,518 $2,182,895 $3,968,925 $365,623
2021 $2,501,332 $1,086,609 $3,307,060 $1,414,723
2020 $1,412,104 $872,627 $580,705 $539,477
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