ALLIANCE FOR AFRICAN ASSISTANCE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Phone

6192869052

Tax Period

2024-07-01 to 2025-06-30

ALLIANCE FOR AFRICAN ASSISTANCE, founded in 1991, is a mid-sized nonprofit in the Community Improvement sector that reported $12.8M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $11.7M left a modest 8% surplus.

Mission

Guided by christian values, our mission is to assist refugees, immigrants, the economically challenged and underserved to become self-sufficient productive members of their communities.

Program Service Accomplishments

Program 1

Expenses: $8,217,778

The organization provides daily living assistance, support, job training and placement services to refugees and welfare recipients in the San Diego area.

Program 2

Expenses: $1,581,592

The agency provide translation services for immigrants and various businesses and government agencies.

Program 3

Expenses: $435,356

Agency operated thrift store.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $224,597

Program Service Revenue $12,446,446

Investment Income $17,188

Other Revenue $78,284

TOTAL REVENUE $12,766,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,776,101

Fundraising Expenses $5,004

Program Expenses $10,769,887

Other Expenses $6,933,983

TOTAL EXPENSES $11,710,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,766,515	$10,843,415	+0.2%
Expenses	$11,710,084	$9,899,643	+0.2%
Net Income	$1,056,431	$943,772	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

116

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

$421,855

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Walter Lam	President and CEO	40.00	Key Emp	$179,965	$180,053	$421,855
Marty Ferris	Boardmember	2.00	Director	$0	$0	$0
Amina Mudey	Boardmember	2.00	Director	$0	$0	$0
Bernadette Groebe	Boardmember	2.00	Director	$0	$0	$0
Steve Treadgold	Boardmember	2.00	Director	$0	$0	$0
Clovis Honore	Secretary	4.00	Officer	$0	$0	$0
Roger Haines	Chair	4.00	Officer	$0	$0	$0
Paul Devermann	Treasurer	4.00	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
2025	$12,766,515	$11,710,084	$10,727,322	$1,056,431
2024	$10,837,415	$9,899,643	$10,045,545	$937,772
2023	$9,615,716	$8,108,801	$8,859,111	$1,506,915
2022	$9,585,910	$6,519,392	$7,449,855	$3,066,518
2021	$2,754,226	$2,731,391	$4,342,451	$22,835
2020	$2,751,641	$2,889,049	$4,348,597	$-137,408
2019	$3,043,321	$3,252,093	$4,361,184	$-208,772
2018	$3,690,393	$4,252,317	$4,638,109	$-561,924