Alliance for a Quality Broadband (EIN 873516504) - 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

Lora Haggard

Tax Period

2023-01-01 to 2023-12-31

Alliance for a Quality Broadband, founded in 2021, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 34% operating deficit.

Mission

The purpose of the Organization is to promote social welfare by addressing the root causes of the digital divide, including affordability and accessibility; advocating for a robust, permanent, and coordinated broadband expansion built upon existing broadband infrastructure that ensures all people get connected and that is fair to and inclusive of all Americans; and other related purposes.

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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 $1,350,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,350,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $729

Program Expenses $1,811,614

Other Expenses $1,813,072

TOTAL EXPENSES $1,813,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,350,000	$2,403,000	-0.4%
Expenses	$1,813,072	$2,239,788	-0.2%
Net Income	$-463,072	$163,212	-3.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lora Haggard	Treasurer	0.2	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	$1,350,000	$1,813,072	$83,781	$-463,072
2022	$2,403,000	$2,239,788	$547,353	$163,212
2021	$650,000	$266,859	$401,641	$383,141

Alliance for a Quality Broadband