ADVANCEMENT LEADERSHIP LAB

EIN: 874733538 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$523,323
Total Expenses
$707,554
Total Assets
$908,582
Net Assets
$149,582
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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
2022
Legal Domicile
OH
Principal Officer
MICHAEL EICHER
Phone
6146360853
Tax Period
2023-01-01 to 2023-12-31

ADVANCEMENT LEADERSHIP LAB, founded in 2022, is a small nonprofit in the Education sector that reported $523K in total revenue in fiscal year 2023. Revenue surged 404% from the prior year, signaling strong growth momentum. Expenses of $708K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF ADVANCEMENT LEADERSHIP LAB IS TO PROVIDE EDUCATIONAL SERVICES AND OPPORTUNITIES TO HIGHER EDUCATION ADVANCEMENT PROFESSIONALS; THEREBY ENHANCING THE SKILLS OF HIGH PERFORMING LEADERS WHO WILL CREATE STRONGER TEAMS, PROGRAMS, AND ORGANIZATIONS. OVER TIME, IT IS CONTEMPLATED THAT ADVANCEMENT LEADERSHIP LAB MAY EXPAND THE NUMBER OF HIGHER EDUCATION INSTITUTIONS ENGAGED WITH SUCH EDUCATIONAL PROGRAMS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $103,261
Program Service Revenue $420,000
Investment Income $62
Other Revenue $0
TOTAL REVENUE $523,323

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,708
Fundraising Expenses $5,734
Program Expenses $576,054
Other Expenses $420,846
TOTAL EXPENSES $707,554

Year-over-Year Comparison

2023 2022 Change
Revenue $523,323 $103,744 +4.0%
Expenses $707,554 $261,953 +1.7%
Net Income $-184,231 $-158,209 +0.2%
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

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Governance

Voting Members
9
Independent Members
8
Employees
3
Volunteers
50

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
4
$209,448
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ROUTH CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL EICHER PRESIDENT 1.00
Officer Director
$0 $0 $0
TONYA CORNILEUS DIRECTOR 1.00
Director
$0 $0 $0
JOHN GLIER DIRECTOR 1.00
Director
$0 $0 $0
JASMINE PAYNE DIRECTOR 1.00
Director
$0 $0 $0
RHEA TURTELTAUB DIRECTOR 1.00
Director
$0 $0 $0
DAVID PALMER DIRECTOR 1.00
Director
$0 $0 $0
TERESA SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
JONELLE BRADSHAW DE HERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRA LAWRENCE EXECUTIVE DIRECTOR/SECRETA 40.00
Officer
$157,250 $0 $157,250
JILL COWAN TREASURER 1.00
Officer
$52,198 $0 $52,198
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 $523,323 $707,554 $908,582 $-184,231
2022 $594,010 $101,988 $497,962 $492,022
2022 $103,744 $261,953 $333,815 $-158,209
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