HEALTHY ALLIANCE FOUNDATION INC (EIN 872992168) - 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

2021

Legal Domicile

Principal Officer

ERICA COLETTI

Phone

5187012200

Tax Period

2024-01-01 to 2024-12-31

HEALTHY ALLIANCE FOUNDATION INC, founded in 2021, is a mid-sized nonprofit in the Health Care sector that reported $24.0M in total revenue in fiscal year 2024. Revenue surged 374% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.3M, a strong 51% operating margin.

Mission

TRANSFORMING HEALTHCARE DELIVERY BY PROACTIVELY ADDRESSING A PERSON'S WHOLE NEEDS.

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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 $22,405,664

Program Service Revenue $80,971

Investment Income $1,540,049

Other Revenue $0

TOTAL REVENUE $24,026,684

Expense Breakdown

Grants Paid $340,994

Salaries & Benefits $7,158,212

Fundraising Expenses $0

Program Expenses $7,055,314

Other Expenses $4,184,354

TOTAL EXPENSES $11,683,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,026,684	$5,068,897	+3.7%
Expenses	$11,683,560	$9,756,764	+0.2%
Net Income	$12,343,124	$-4,687,867	-3.6%

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

Governance

Voting Members

Independent Members

Employees

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

$509,953

Total Directors

Key Employees

$862,844

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MILTON	CHAIR	1.00	Officer Director	$0	$0	$0
MARK MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH GAMBINO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SHIPPEE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFFREY METHVEN	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT COLONNO	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM GETTMAN	TREASURER	1.00	Officer Director	$0	$0	$0
KATHY ALONGE-COONS	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHANIE LOBOSCO-NAVARRO	DIRECTOR	1.00	Director	$0	$0	$0
ADETUTU ADETONA MD	DIRECTOR	1.00	Director	$0	$0	$0
JANINE ROBITAILLE	DIRECTOR	1.00	Director	$0	$0	$0
ERICA COLETTI	CHIEF EXECUTIVE OFFICER	40.00	Officer	$314,695	$36,538	$351,233
MICHELE KELLY	CHIEF FINANCIAL OFFICER (THRU JUNE 2024)	40.00	Officer	$108,246	$9,199	$117,445
JOSEPH TODARO	CHIEF FINANCIAL OFFICER (FROM OCT 2024)	40.00	Officer	$40,017	$1,258	$41,275
LYNNE OLNEY	CHIEF TRANSFORMATION OFFIC	40.00	Key Emp	$223,404	$10,609	$234,013
MICHELE HORAN	CHIEF OPERATING OFFICER	40.00	Key Emp	$228,610	$10,115	$238,725
DEANA MICHAELS	VICE PRESIDENT, OPERATIONS	40.00	Key Emp	$161,859	$8,598	$170,457
SCOTT EMERY	CHIEF STRATEGY OFFICER	40.00	Key Emp	$186,646	$33,003	$219,649
TOM MCCARROLL	VP PROGRAM ADMINISTRATION AND GOVERNANCE	40.00	Highest	$178,482	$23,498	$201,980
JENNIFER RICE	SENIOR DIRECTOR, PROGRAM DESIGN AND IMPLMENTATION	40.00	Highest	$164,869	$8,613	$173,482
SARAH MYTELKA	SR. DIRECTOR OF MARKETING	40.00	Highest	$140,947	$21,748	$162,695
MARK LAWLER	DIRECTOR INFORMATION TECHNOLOGY AND SECURITY	40.00	Highest	$134,075	$33,029	$167,104
TODD SEEBERGER	DIRECTOR, DATA & BUSINESS INTELLIGENCE	40.00	Highest	$130,200	$26,065	$156,265

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	$24,026,684	$11,683,560	$46,228,517	$12,343,124
2023	$5,068,897	$9,756,764	$30,338,024	$-4,687,867

HEALTHY ALLIANCE FOUNDATION INC