The Alliance For Health Equity
- Assets
- $35.6m
- Revenue
- $1.3m
- Investments
- $31.6m
- Employees
- 6
- Location
- Coatesville, PA
- Founding
- 12/2001
- Data as of
- 06/2021
- EIN
- 23-3087315
Organization Overview
The Alliance For Health Equity is located in Coatesville, PA. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, Alliance For Health Equity employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Health Equity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Alliance For Health Equity generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alliance For Health Equity has awarded 158 individual grants totaling $5,994,734. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF PEOPLE WHO LIVE AND WORK IN THE GREATER COATESVILLE AREA BY FOSTERING COMMUNITY PARTNERSHIPS, BY PROVIDING CAPACITY BUILDING SUPPORT AND BY MAKING GRANTS TO PROMOTE HEALTH EQUITY, HEALTHY YOUTH AND A HEALTHY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GRANTS TO APPROXIMATELY 20 NON-PROFIT ORGANIZATIONS TO IMPROVE HEALTH AND ENCOURAGE YOUTH DEVELOPMENT, AND TO PROMOTE A HEALTHY COMMUNITY. THE FOUNDATION BRINGS COMMUNITY MEMBERS TOGETHER TO DEVELOP NEW SOLUTIONS AND NEW LEADERS AND LASTING CHANGE IN COATESVILLE. THE FOUNDATION INVESTS IN PROJECTS THAT HELP THE COATESVILLE AREA THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa B Briggs President/ceo | Officer | 40 | $209,667 |
Dana Heiman Chief Impact Officer | Officer | 40 | $126,903 |
Valerie K Martin Vice Chair | OfficerTrustee | 1 | $0 |
Richard C Clark Chair | OfficerTrustee | 1 | $0 |
Hannah J Hill Secretary | OfficerTrustee | 1 | $0 |
Isabel Pryor Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $76 |
| Membership dues | $0 |
| Fundraising events | $21,494 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $453,087 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,657 |
| Total Program Service Revenue | $0 |
| Investment income | $471,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $358,064 |
| Net Income from Fundraising Events | -$10,322 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,293,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,092,538 |
| Grants and other assistance to domestic individuals. | $29,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,667 |
| Compensation of current officers, directors, key employees. | $74,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,672 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,883 |
| Payroll taxes | $34,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,600 |
| Fees for services: Accounting | $88,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,003 |
| Advertising and promotion | $0 |
| Office expenses | $45,916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,937 |
| Travel | $1,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,937 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,799 |
| Insurance | $21,748 |
| All other expenses | $0 |
| Total functional expenses | $2,240,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $404,133 |
| Pledges and grants receivable | $55,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,411,895 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,178 |
| Net Land, buildings, and equipment | $1,077,303 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $31,608,983 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,578,992 |
| Accounts payable and accrued expenses | $72,537 |
| Grants payable | $300,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $599,314 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$17,339 |
| Total liabilities | $954,512 |
| Net assets without donor restrictions | $33,265,793 |
| Net assets with donor restrictions | $1,358,687 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,578,992 |
Grants Awarded
Over the last fiscal year, The Alliance For Health Equity has awarded $1,055,693 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Eddystone, PA PURPOSE: GENERAL SUPPORT | $600,000 |
West Chester, PA PURPOSE: GENERAL SUPPORT | $50,000 |
Studio City, CA PURPOSE: GENERAL SUPPORT | $43,000 |
Philadelphia, PA PURPOSE: GENERAL SUPPORT | $40,000 |
West Chester, PA PURPOSE: GENERAL SUPPORT | $32,000 |
Coatesville, PA PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that The Alliance For Health Equity has recieved totaling $124,915.
| Awarding Organization | Amount |
|---|---|
Philadelphia Foundation Philadelphia, PA PURPOSE: OPERATION AND CAPACITY-BUILDING | $30,000 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA PURPOSE: THE MOVEMENT COMMUNITY DEVELOPMENT CORP - TO TEACH FILMMAKING AND REPORTING AS A TOOL TO MAGNIFY THE VOICES OF YOUTH ON VARIOUS SOCIAL, ECONOMIC, RACIAL, AND HEALTH ISSUES IN COATESVILLE, PA. | $25,000 |
Chester County Community Foundation Inc West Chester, PA PURPOSE: HEALTH | $19,275 |
United Way Of Chester County Exton, PA PURPOSE: PROGRAM ASSISTANCE | $10,000 |
Genuardi Family Foundation Blue Bell, PA PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Applestone Foundation Inc Pittsburgh, PA PURPOSE: GENERAL OPERATING | $7,500 |
Endowment Analysis
| Beg. Balance | $135,685 |
| Ending Balance | $135,685 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |