ALABAMA ONCOLOGY FOUNDATION (EIN 852608911) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

CHRIS BARNES

Phone

2058034333

Tax Period

2023-01-01 to 2023-12-31

ALABAMA ONCOLOGY FOUNDATION, founded in 2021, is a small nonprofit in the Health Care sector that reported $264K in total revenue in fiscal year 2022. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $188K, a strong 71% operating margin.

Mission

OUR MISSION IS TO HELP ONCOLOGY PATIENTS EXCEL DURING THE FIGHT AGAINST CANCER. THE ALABAMA ONCOLOGY FOUNDATION IS COMMITTED TO IMPROVING THE LIVES OF PATIENTS AND FAMILIES THROUGHOUT CENTRAL ALABAMA THROUGH SUPPORTIVE SERVICES AND RESOURCES TO EASE THE BURDENS FACED BY THOSE FIGHTING CANCER.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $88,737

Program Service Revenue $0

Investment Income $0

Other Revenue $131,648

TOTAL REVENUE $220,385

Expense Breakdown

Grants Paid $253,004

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $256,910

Other Expenses $6,730

TOTAL EXPENSES $259,734

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,385	$263,704	-0.2%
Expenses	$259,734	$76,096	+2.4%
Net Income	$-39,349	$187,608	-1.2%

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
BRIAN ADLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR KATISHA VANCE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR BEN JONES	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
CHRIS BARNES	SECRETARY AND TREASURER	2.00	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
2024	No data	No data	No data	No data
2023	$220,385	$259,734	$333,334	$-39,349
2022	$263,704	$76,096	$409,033	$187,608

ALABAMA ONCOLOGY FOUNDATION