Remedy Alliance Inc (EIN 873486445) - 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

Maya Doe-Simkins

Phone

5103564496

Tax Period

2023-01-01 to 2023-12-31

Remedy Alliance Inc, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 551% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 81% operating margin.

Mission

Ensure harm reduction programs have sustainable and equitable access to low-cost materials and innovations for distribution in their communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,141,319

Program Service Revenue $49,038

Investment Income $0

Other Revenue $2,407,857

TOTAL REVENUE $3,598,214

Expense Breakdown

Grants Paid $9,109

Salaries & Benefits $341,082

Fundraising Expenses $0

Program Expenses $246,521

Other Expenses $337,161

TOTAL EXPENSES $687,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,598,214	$553,041	+5.5%
Expenses	$687,352	$189,995	+2.6%
Net Income	$2,910,862	$363,046	+7.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eliza Wheeler	Co-Director	40.00		$90,790	$2,800	$93,590
Maya Doe-Simkins	Co-Director	40.00		$87,790	$5,000	$92,790
Nabarun Dasgupta	President	2.00	Officer Director	$0	$0	$0
Roxanne Saucier	Secretary	1.50	Officer Director	$0	$0	$0
Philomena Kebec	Vice President	1.00	Officer Director	$0	$0	$0
Leslie Booher	Treasurer	1.00	Officer Director	$0	$0	$0
William Amarquaye	Director	0.50	Officer	$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	$3,598,214	$687,352	$3,850,036	$2,910,862
2022	$553,041	$189,995	$562,072	$363,046

Remedy Alliance Inc