KIM ALVERSON FOUNDATION

EIN: 991180635 501(c)(3) Health Care

ANTIOCH, TN

Total Revenue
$116,351
Total Expenses
$45,107
Total Assets
$71,244
Net Assets
$71,244
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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
2024
Legal Domicile
TN
Phone
6154441149
Tax Period
2024-01-01 to 2024-12-31

KIM ALVERSON FOUNDATION, founded in 2024, is a small nonprofit in the Health Care sector that reported $116K in total revenue in fiscal year 2024. The organization ran a surplus of $71K, a strong 61% operating margin.

Mission

The organization assists with the medical and other expenses of cancer patients up to the approved limit of the organization to ease the financial burden.

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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 (2024)

Revenue Breakdown

Contributions & Grants $115,133
Program Service Revenue $0
Investment Income $0
Other Revenue $1,218
TOTAL REVENUE $116,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,107
Other Expenses $45,107
TOTAL EXPENSES $45,107

Year-over-Year Comparison

2024 2023 Change
Revenue $116,351 N/A N/A
Expenses $45,107 N/A N/A
Net Income $71,244 N/A N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Travis Alverson Executive Director 10.00
Director
$0 $0 $0
Tyler Alverson Director 10.00
Director
$0 $0 $0
Leslie Alverson Director 10.00
Director
$0 $0 $0
Kristen Alverson Director 10.00
Director
$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 $116,351 $45,107 $71,244 $71,244
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