Greater Fort Lauderdale Alliance Foundation Inc
EIN: 472362323 · Ft Lauderdale, FL · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $680K |
| Total Expenses | $1.0M |
| Net Assets | $-12,241 |
Is Greater Fort Lauderdale Alliance Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Fort Lauderdale Alliance Foundation Inc
Greater Fort Lauderdale Alliance Foundation Inc (EIN: 472362323) is a nonprofit organization based in Ft Lauderdale, FL, classified under NTEE code S30. The organization reported total revenue of $680K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Fort Lauderdale Alliance Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Fort Lauderdale Alliance Foundation Inc is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 38.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $908K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-98,008 |
| Total Assets | $540K |
| Total Liabilities | $552K |
| Net Assets | $-12,241 |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 102.3% |
| Months of Reserves | 6.4 months |
Financial Health Grade: C
In 2023, Greater Fort Lauderdale Alliance Foundation Inc reported a deficit of $98K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 102.3% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Greater Fort Lauderdale Alliance Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | +17.2% | -9.1% |
| 2022 | +164.5% | +35.6% | +38.1% |
| 2021 | -28.9% | +26.7% | +1.7% |
| 2020 | +78.1% | +221.5% | +14.0% |
| 2019 | +10.5% | +36.0% | +83.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Fort Lauderdale Alliance Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater Fort Lauderdale Alliance Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 102.3%.
Frequently Asked Questions about Greater Fort Lauderdale Alliance Foundation Inc
Is Greater Fort Lauderdale Alliance Foundation Inc a legitimate charity?
Greater Fort Lauderdale Alliance Foundation Inc (EIN: 472362323) is a registered tax-exempt nonprofit based in Florida. It has 8 years of IRS 990 filings on record. Total revenue: $680K. No red flags identified. Financial health grade: C.
How does Greater Fort Lauderdale Alliance Foundation Inc spend its money?
Greater Fort Lauderdale Alliance Foundation Inc reported $680K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greater Fort Lauderdale Alliance Foundation Inc tax-deductible?
Greater Fort Lauderdale Alliance Foundation Inc is registered as a tax-exempt nonprofit (EIN: 472362323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Fort Lauderdale Alliance Foundation Inc located?
Greater Fort Lauderdale Alliance Foundation Inc is headquartered in Ft Lauderdale, Florida and files with the IRS under EIN 472362323. It is classified under NTEE code S30.
How many years of IRS 990 filings does Greater Fort Lauderdale Alliance Foundation Inc have?
Greater Fort Lauderdale Alliance Foundation Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $680K in total revenue.
Filing History
IRS 990 filing history for Greater Fort Lauderdale Alliance Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Greater Fort Lauderdale Alliance Foundation Inc's revenue has grown by 879.1%, moving from $93K to $908K. Total assets increased by 445.8% over the same period, from $99K to $540K. Total functional expenses rose by 1216.1%, from $76K to $1.0M. In its most recent filing year (2023), Greater Fort Lauderdale Alliance Foundation Inc reported a deficit of $98K, with expenses exceeding revenue. The organization holds $552K in liabilities against $540K in assets (debt-to-asset ratio: 102.3%), resulting in net assets of $-12,241.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $908K | $1.0M | $540K | $552K | — | — |
| 2022 | $1.0M | $858K | $594K | $509K | — | — |
| 2021 | $382K | $633K | $430K | $497K | — | View 990 |
| 2020 | $538K | $499K | $423K | $108K | — | — |
| 2019 | $302K | $155K | $371K | $94K | — | View 990 |
| 2018 | $273K | $114K | $202K | $18K | — | View 990 |
| 2017 | $85K | $96K | $25K | $-1,000 | — | View 990 |
| 2016 | $93K | $76K | $99K | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $908K, expenses of $1.0M, and assets of $540K (revenue -10.2% year-over-year).
- 2022: Revenue of $1.0M, expenses of $858K, and assets of $594K (revenue +164.5% year-over-year).
- 2021: Revenue of $382K, expenses of $633K, and assets of $430K (revenue -28.9% year-over-year).
- 2020: Revenue of $538K, expenses of $499K, and assets of $423K (revenue +78.1% year-over-year).
- 2019: Revenue of $302K, expenses of $155K, and assets of $371K (revenue +10.5% year-over-year).
- 2018: Revenue of $273K, expenses of $114K, and assets of $202K (revenue +221.7% year-over-year).
- 2017: Revenue of $85K, expenses of $96K, and assets of $25K (revenue -8.4% year-over-year).
- 2016: Revenue of $93K, expenses of $76K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Fort Lauderdale Alliance Foundation Inc:
Data Sources and Methodology
This transparency report for Greater Fort Lauderdale Alliance Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.