HEALTH TECH ALLEY (EIN 853265038) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Greg Miller

Phone

3102007826

Tax Period

2024-01-01 to 2024-12-31

HEALTH TECH ALLEY, founded in 2020, is a small nonprofit in the Health Care sector that reported $700K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 23% operating margin.

Mission

Health Tech Alley, Inc.'s (HTA) mission is to enable solutions and services to medically underserved communities and the organizations that serve them. HTA has the particular intent to catalyze economic mobility for underestimated populations and communities of color, address workforce barriers, and advocate for solutions that address social determinants of health (SDoH).

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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 (2024)

Revenue Breakdown

Contributions & Grants $695,226

Program Service Revenue $0

Investment Income $4,711

Other Revenue $0

TOTAL REVENUE $699,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,032

Fundraising Expenses $0

Program Expenses $468,649

Other Expenses $340,502

TOTAL EXPENSES $535,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$699,937	$338,615	+1.1%
Expenses	$535,534	$271,258	+1.0%
Net Income	$164,403	$67,357	+1.4%

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

Volunteers

N/A

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

$157,000

Total Directors

$157,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Miller	President/Executive Director	40	Officer Director Highest	$157,000	$0	$157,000
Rob Zimmerman	Controller	2	Officer Director	$0	$0	$0
Chioma Obi	Secretary	2	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
2025	No data	No data	No data	No data
2024	$699,937	$535,534	$295,067	$164,403
2023	$338,615	$271,258	$126,335	$67,357
2022	$697,524	$655,268	$79,729	$42,256

HEALTH TECH ALLEY