ALTERNATIVE LEARNING CENTER INC (EIN 943257408) - 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

1999

Legal Domicile

Phone

5105629694

Tax Period

2024-01-01 to 2024-12-31

ALTERNATIVE LEARNING CENTER INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $1.2M, a strong 30% operating margin.

Mission

The mission is to train clients to learn to care for themselves independly and to learn everyday skills on how to maintain their house keeping, shopping, cooking, and parenting skills.

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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 $0

Program Service Revenue $3,845,681

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,845,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,941,021

Fundraising Expenses $0

Program Expenses $2,150,349

Other Expenses $746,915

TOTAL EXPENSES $2,687,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,845,681	$4,082,016	-0.1%
Expenses	$2,687,936	$2,750,987	0.0%
Net Income	$1,157,745	$1,331,029	-0.1%

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
ALICE SOARD	President & CEO	40.00	Director	$0	$0	$0
MINETTE WOOD	Secretary	0.00	Director	$0	$0	$0
MOSES ABIOYE	Director	0.00	Director	$0	$0	$0
FRANK McCAFFERY	Director	0.00	Director	$0	$0	$0
JEANE WHITLEY	Treasurer	0.00	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
2024	$3,845,681	$2,687,936	$3,722,644	$1,157,745
2023	$4,082,016	$2,750,987	$2,494,942	$1,331,029
2022	$3,079,976	$2,981,968	$-461,616	$98,008
2021	$3,088,139	$3,088,139	$1,652,544	No data
2020	$2,521,299	$3,080,923	$1,680,872	$-559,624
2019	No data	$3,972,552	$1,790,930	No data

ALTERNATIVE LEARNING CENTER INC