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← FINANCING ALLIANCE FOR HEALTH

Form 990 for tax year 2024

Filed by FINANCING ALLIANCE FOR HEALTH.

Totals

Total revenue
$4,114,081
Total expenses
$7,505,477
Contributions and grants received
$4,065,758
Grants paid
$549,786
Program service revenue
$0
Investment income
$46,106
Other revenue
$2,217
Total assets, end of year
$4,868,482
Total liabilities, end of year
$2,421,045
Net assets or fund balances, end of year
$2,447,437
Program services expenses (Part IX)
$5,509,392
Management and general expenses
$1,455,257
Fundraising expenses
$540,828
Program service expenses (Part III)
$5,509,392

Program services were 73.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,065,758

  • 3 · Investment income

    total $46,106 · excluded $46,106

  • 11a · Other revenue: OTHER

    total $2,217 · excluded $2,217

  • 11e · Other revenue, total

    $2,217

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $549,786 · program services $549,786

  • 5 · Compensation of officers, directors and key employees

    total $228,825 · program services $132,720 · management and general $76,895 · fundraising $19,210

  • 7 · Other salaries and wages

    total $1,593,183 · program services $866,425 · management and general $340,325 · fundraising $386,433

  • 9 · Other employee benefits

    total $128,487 · program services $70,486 · management and general $40,745 · fundraising $17,256

  • 10 · Payroll taxes

    total $58,429 · program services $35,698 · management and general $19,930 · fundraising $2,801

  • 11b · Fees: legal

    total $3,904 · management and general $3,904

  • 11c · Fees: accounting

    total $57,290 · management and general $57,290

  • 11g · Fees: other

    total $2,403,708 · program services $1,892,806 · management and general $485,524 · fundraising $25,378

  • 12 · Advertising and promotion

    total $3,573 · fundraising $3,573

  • 13 · Office expenses

    total $201,234 · program services $70,637 · management and general $127,356 · fundraising $3,241

  • 14 · Information technology

    total $49,045 · program services $31,629 · management and general $10,936 · fundraising $6,480

  • 16 · Occupancy

    total $30,472 · program services $3,302 · management and general $24,178 · fundraising $2,992

  • 17 · Travel

    total $1,720,214 · program services $1,406,495 · management and general $241,395 · fundraising $72,324

  • 19 · Conferences, conventions and meetings

    total $464,782 · program services $443,590 · management and general $21,192

  • 23 · Insurance

    total $12,545 · program services $5,818 · management and general $5,587 · fundraising $1,140

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,450,959 · end of year $2,130,607

  • 3 · Pledges and grants receivable

    beginning of year $3,541,941 · end of year $2,711,673

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,089 · end of year $26,202

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $591,782 · end of year $716,933

  • 19 · Deferred revenue

    beginning of year $525,098 · end of year $1,704,112

  • 27 · Net assets without donor restrictions

    beginning of year $395,926 · end of year -$1,776,484

  • 28 · Net assets with donor restrictions

    beginning of year $5,485,183 · end of year $4,223,921

Mission and programs · 2024

Mission

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 FACILIATATOR 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.

  • PROJECT-AFRICA FRONTLINE FIRST ("AFF") 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 THATWILL 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 HIGHFUNCTIONING,RESILIENT AND COUNTRYLED WORKFORCE OF 200,000 COMMUNITY HEALTH WORKERS, WHO WILL PROVIDE 100 MILLION PEOPLE WITH HOMEBASED HEALTH: REDUCING SICKNESS AND SAVING LIVES, PREVENTING FUTURE PANDEMICS, ACCELERATING ECONOMIC RECOVERY AND PROVIDING DIGNIFIED WORK FOR WOMEN.MUSO HEALTH IS A SUB GRANT TO CONTINUE THE WORK FOR AFRICA FRONTLINE FIRST. THIS SUB GRANT WAS A CONDITION OF THE GATES GRANT. ACCOMPLISHMENTS FOR 2024: IN 2024, WE DEPLOYED OUR EXPANDED PRIMARY HEALTH FINANCING SERVICE PACKAGE WITH SUPPORT TO SIERRA LEONE TO DEVELOP ITS NATIONAL HEALTH INSURANCE WHICH WILL CONTINUE INTO THE NEW YEAR. TO BOLSTER OUR EXISTING CAPABILITY BUILDING INTERVENTIONS, WE LAUNCHED THE FIRST COHORT OF OUR HEALTH SYTEMS AND FINANCING ACCELERATOR FELLOWSHIP (HSFA FELLOWSHIP) WHICH IS OUR BESPOKE FELLOWSHIP FOR MINISTRY OF HEALTH AND FINANCE COLLEAGUES TO BE EQUIPPED WITH CRITICAL TECHNICAL HEALTH FINANCING SKILLS, COMBINED WITH THE POLITICAL SAVVINESS AND ADVOCACY CAPABILITIES TO ENABLE THEM TO DRIVE DEEP AND MEANINGFUL PRIMARY HEALTH POLICY REFORMS, SECURE MORE DOMESTIC ON BUDGET RESOURCES AND BE EFFECTIVE STEWARDS OF THESE RESOURCES FOR HEALTH IMPACT. THE AFRICA FRONTLINE FIRST CONTINUED TO STRENGTHEN COMMUNITY HEALTH SYSTEMS IN 17 COUNTRIES THROUGH FOUNDATIONAL INVESTMENTS THAT ARE BUILDING SYSTEM'S MATURITY TO DRIVE NATIONAL OWNERSHIP AND TRANSFORMATIVE HEALTH IMPACT.

    Expenses $5,509,392 · Grants $549,786

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Angela Gichaga

    CEO

    Total calculated
    $228,525
    From this org
    $228,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,525
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $228,525

  • Victoria Goodfellow

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Varsay Sirleaf

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Ambassador John Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Daniel Palazuelos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Dr Amit Chandra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hind Al-Khatib

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Dr Radha Karnad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • LAST MILE HEALTH

    $549,786

    AFRICA FRONTLINE FIRST - INSTITUTIONALIZE THE COMMUNITY HEALTH WORKERS ACROSS 10 AFRICAN COUNTRIES

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE ADVISORY ALLIANCE FOR HEALTH

    WORK WITH GOVT ON FINANCING STRATEGIES FOR HEALTH SYSTEMS & HEALTH SOLUTIONS · KE · controlled entity

    Directly controlled by FINANCING ALLIANCE FOR HEALTH

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349310040

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