Financing Alliance For Health is located in Bethlehem, PA. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Financing Alliance For Health 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 12/2022, Financing Alliance For Health generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FINANCING ALLIANCE FOR HEALTH ("FAH") IS A PUBLIC NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF IOWA ON MARCH 27, 2020. IN AN EFFORT TO IMPROVE HEALTH FOR ALL, FAH PARTNERS WITH GOVERNMENTS ON ALL STEPS OF FINANCING TO STRENGTHEN AND SUSTAIN COMMUNITY HEALTH SYSTEMS, WHILE LEVERAGING PRIMARY HEALTH CARE TO ATTAIN UNIVERSAL HEALTH COVERAGE. THE ORGANIZATION AIMS TO SERVE AS A FACILITATOR BETWEEN THE WORLDS OF FINANCE AND HEALTH IN GLOBAL SOUTH COUNTRIES SO AS TO PROVIDE VALUE-ADDED AND LONG-TERM EMBEDDED CAPACITY TO GOVERNMENTS IN DESIGNING AND FINANCING COMMUNITY HEALTH SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT- AFRICA FRONTLINE FIRSTAFF IS A COLLABORATIVE INITIATIVE BETWEEN THE FINANCING ALLIANCE FOR HEALTH, COMMUNITY HEALTH IMPACT COALITION, LAST MILE HEALTH, AND THE COMMUNITY HEALTH ACCELERATION PARTNERSHIP UNDER THE CHAMPIONSHIP OF H.E. ELLEN JOHNSON SIRLEAF THAT WILL SCALE AND STRENGTHEN INTEGRATED AND SUSTAINABLE COMMUNITY HEALTH SERVICE DELIVERY ACROSS 10 SUB SAHARAN AFRICAN COUNTRIES BY 2030.THROUGH UNIQUE PARTNERSHIPS AMONG GOVERNMENTS, DONORS, IMPLEMENTERS, AND TECHNICAL ALLIES, AFF WILL SUPPORT THE BUILDING OF A HIGH-FUNCTIONING, RESILIENT AND COUNTRY-LED WORKFORCE OF 200,000 COMMUNITY HEALTH WORKERS, WHO WILL PROVIDE 100 MILLION PEOPLE WITH HOME-BASED HEALTH: REDUCING SICKNESS AND SAVING LIVES, PREVENTING FUTURE PANDEMICS, ACCELERATING ECONOMIC RECOVERY AND PROVIDING DIGNIFIED WORK FOR WOMEN.ACCOMPLISHMENTS:1-2022 COUNTRY ENGAGEMENT WE CONTINUED SUPPORTING GOVERNMENTS IN KENYA, ZAMBIA AND TOGO AS THEY MOVE TOWARDS STREAMLINING AND SCALING THEIR CHW PROGRAMS. LIKE MANY OTHER AFRICAN GOVERNMENTS, THESE GOVERNMENTS FACE SIGNIFICANT BARRIERS, INCLUDING BUILDING POLITICAL PRIORITIZATION, DEVELOPING POLICIES, MAPPING RESOURCES, ESTABLISHING FINANCING STRATEGIES TO MOBILIZE RESOURCES, AND SCALING ROBUST, SUSTAINABLE PRIMARY HEALTHCARE SYSTEMS. WE ALSO CONTINUED TO SUPPORT THESE GOVERNMENTS TO LEVERAGE THE EXISTING COMMUNITY HEALTH FUNDS BETTER AND MOBILIZE NEW FUNDING FOR SOLID AND EFFECTIVE HEALTH SYSTEMS. IN 2022, FAH EXPANDED TO THREE MORE SUB-NATIONAL GOVERNMENTS IN KENYA; NAKURU, NAIROBI AND NYERI, AND CONTINUED TO SUPPORT LAIKIPIA, THARAKA NITHI AND MAKUENI, BRINGING OUR TOTAL ENGAGEMENT OF SUB-NATIONAL GOVERNMENTS IN KENYA TO SIX.2-AT THE SIDELINES OF CPHIA 2022, AFF AND ACDC SIGNED A MEMORANDUM OF UNDERSTANDING FORMALIZING A PARTNERSHIP THAT WILL EXPAND THE PROFESSIONAL COMMUNITY HEALTH WORKFORCE ACROSS AFRICA. TOGETHER WITH AFRICA CDC, THE AFRICAN UNION'S DEPARTMENT OF HEALTH, AND THE AFRICAN UNION COVID-19 COMMISSION, WE HOPE TO ADVANCE THE AFRICAN UNION'S 2 MILLION COMMUNITY HEALTH WORKER INITIATIVE. OUR JOINT EFFORTS WILL HOPEFULLY CATALYZE A NEW LEVEL OF INVESTMENT IN COMMUNITY HEALTH, SECURE AND SUSTAIN POLITICAL COMMITMENTS TO COMMUNITY HEALTH ACROSS AFRICAN UNION MEMBER STATES, AND BOLSTER AFRICA CDC'S ROLE SUPPORTING MEMBER STATES TO BUILD HIGH-QUALITY COMMUNITY HEALTH SYSTEMS AT THE NATIONAL LEVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nan Chen Co-Chair | OfficerTrustee | 5 | $0 |
Phyllis Heydt Co-Chair | OfficerTrustee | 5 | $0 |
Ambassador John Simon Director | Trustee | 1 | $0 |
Dr Daniel Palazuelos Director | Trustee | 1 | $0 |
Anthony Gitau Director | Trustee | 1 | $0 |
Dr Angela Gichaga Ceo-Secretary | Trustee | 40 | $226,502 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Daphne Hemily Organizer Community Healthcare Workers A | 12/30/22 | $116,996 |
Dalberg Consulting Strategy Development | 12/30/22 | $150,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,548,276 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,548,276 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,548,518 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $226,502 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $926,612 |
Advertising and promotion | $0 |
Office expenses | $32,854 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $32,108 |
Travel | $198,397 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $870 |
Insurance | $0 |
All other expenses | $12,220 |
Total functional expenses | $2,182,895 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,734,473 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,226,602 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,704 |
Net Land, buildings, and equipment | $3,146 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,968,925 |
Accounts payable and accrued expenses | $96,555 |
Grants payable | $0 |
Deferred revenue | $1,552,547 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,649,102 |
Net assets without donor restrictions | $370,474 |
Net assets with donor restrictions | $1,949,349 |
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 | $3,968,925 |