ALK POSITIVE INC

EIN: 852221062 501(c)(3)

ATLANTA, GA

Total Revenue
$3,723,123
Total Expenses
$1,878,499
Total Assets
$5,617,504
Net Assets
$5,524,565
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Principal Officer
KIRK SMITH
Phone
6785769913
Tax Period
2024-01-01 to 2024-12-31

ALK POSITIVE INC, founded in 2020, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 50% operating margin.

Mission

WE ARE A PATIENT-DRIVEN ORGANIZATION SEEKING A CURE AND WORKING TO (CONTINUED ON SCHEDULE O)IMPROVE PATIENTS' QUALITY OF LIFE AND LIFE EXPECTANCY WORLDWIDE.

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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 $3,574,743
Program Service Revenue $8,938
Investment Income $129,332
Other Revenue $10,110
TOTAL REVENUE $3,723,123

Expense Breakdown

Grants Paid $852,344
Salaries & Benefits $513,422
Fundraising Expenses $85,950
Program Expenses $1,662,869
Other Expenses $512,733
TOTAL EXPENSES $1,878,499

Year-over-Year Comparison

2024 2023 Change
Revenue $3,723,123 $2,608,663 +0.4%
Expenses $1,878,499 $3,394,109 -0.4%
Net Income $1,844,624 $-785,446 -3.3%
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
12
Independent Members
12
Employees
5
Volunteers
56

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
4
$0
Total Directors
13
$0
Key Employees
1
$203,167
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA BIALACK-STEWART BOARD MEMBER 5.00
Director
$0 $0 $0
YVONNE DIAZ BOARD MEMBER 5.00
Director
$0 $0 $0
SUMMER FARMAN BOARD MEMBER 5.00
Director
$0 $0 $0
MARCH MUSKAVITCH BOARD MEMBER 5.00
Director
$0 $0 $0
JOHN O'SULLIVAN TREASURER 5.00
Officer Director
$0 $0 $0
DUNCAN PREECE BOARD MEMBER 5.00
Director
$0 $0 $0
NANCEE PROSNATI VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PATTY SACCENTI BOARD MEMBER 5.00
Director
$0 $0 $0
KIRK SMITH PRESIDENT 10.00
Officer Director
$0 $0 $0
JEFF STURM BOARD MEMBER 5.00
Director
$0 $0 $0
CHRISTINA WEBER SECRETARY 5.00
Officer Director
$0 $0 $0
GREG WHEN BOARD MEMBER 5.00
Director
$0 $0 $0
TERESA WIANT BOARD MEMBER 5.00
Director
$0 $0 $0
KEN CULVER CHIEF SCIENTIFIC OFFICER 40.00
Key Emp
$197,072 $6,095 $203,167
SUZANNE HOUSSAINY EXECUTIVE DIRECTOR 40.00
$85,600 $1,050 $86,650
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 $3,723,123 $1,878,499 $5,617,504 $1,844,624
2023 $2,608,663 $3,394,109 $4,700,238 $-785,446
2022 $1,602,191 $541,741 $4,507,425 $1,060,450
2021 $1,793,039 $104,914 $3,416,376 $1,688,125
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