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← FINANCING ALLIANCE FOR HEALTH

Form 990 for tax year 2023

Filed by FINANCING ALLIANCE FOR HEALTH.

Totals

Total revenue
$6,920,129
Total expenses
$4,911,390
Contributions and grants received
$6,901,826
Grants paid
$384,605
Program service revenue
$0
Investment income
$0
Other revenue
$18,303
Total assets, end of year
$6,997,989
Total liabilities, end of year
$1,116,880
Net assets or fund balances, end of year
$5,881,109
Program services expenses (Part IX)
$4,066,147
Management and general expenses
$738,264
Fundraising expenses
$106,979
Program service expenses (Part III)
$4,066,147

Program services were 82.8% 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

    $6,901,826

  • 11a · Other revenue: OTHER

    total $18,303 · excluded $18,303

  • 11e · Other revenue, total

    $18,303

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $384,605 · program services $384,605

  • 7 · Other salaries and wages

    total $235,256 · program services $235,256

  • 11g · Fees: other

    total $1,481,398 · program services $933,689 · management and general $503,797 · fundraising $43,912

  • 13 · Office expenses

    total $100,172 · program services $84,616 · management and general $14,673 · fundraising $883

  • 16 · Occupancy

    total $34,808 · management and general $34,808

  • 17 · Travel

    total $948,553 · program services $835,564 · management and general $94,407 · fundraising $18,582

  • 22 · Depreciation, depletion and amortization

    total $3,146 · management and general $3,146

  • 24a · Other expenses: PERSONNEL COSTS

    total $1,169,288 · program services $1,118,783 · management and general $33,103 · fundraising $17,402

  • 24b · Other expenses: SPONSOR FEES

    total $351,571 · program services $351,571

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $89,016 · program services $41,249 · management and general $23,513 · fundraising $24,254

  • 24d · Other expenses: CONFERENCE ROOM RENTALS

    total $53,174 · program services $53,174

  • 24e · All other expenses

    total $60,403 · program services $27,640 · management and general $30,817 · fundraising $1,946

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,734,473 · end of year $3,450,959

  • 4 · Accounts receivable

    beginning of year $1,226,602 · end of year $3,541,941

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,704 · end of year $5,089

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

    $4,857

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,857

  • 10c · Land, buildings and equipment, net

    beginning of year $3,146 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $96,555 · end of year $591,782

  • 19 · Deferred revenue

    beginning of year $1,552,547 · end of year $525,098

  • 27 · Net assets without donor restrictions

    beginning of year $370,474 · end of year $395,926

  • 28 · Net assets with donor restrictions

    beginning of year $1,949,349 · end of year $5,485,183

Mission and programs · 2023

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 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.

  • PROJECT- AFRICA FRONTLINE FIRST ("AFF")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 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.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 2023:THIS YEAR FAH CONTINUED TO IMPROVE THE COMMUNITY HEALTH CARE SYSTEM IN KENYA. FAH ALSO EXPANDED INTO ZAMBIA. FAH ALSO HAS CONDUCTED CASE STUDIES ON HEALTHCARE, IN GHANA, RWANDA, BURKINA FASO AND ETHIOPIA. FAH HAS ASSISTED IN SECURING $15 MILLION FROM GOVERNMENT AND OTHER SOURCES FOR HEALTH CARE IN KENYA. FAH HAS ALSO EXPANDED AFRICA FRONTLINE FIRST COUNTRIES TO MALI, SENEGAL, GUINEA, SIERRA LEON, LIBERIA, BURKINA FASO, AND ETHIOPIA. THIS IS TO EXPAND THE COMMUNITY HEALTH WORKER PROGRAM IN THESE COUNTRIES.

    Expenses $4,066,147 · Grants $384,605

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nan Chen

    CO-CHAIR 1/23-10/23

    Total calculated
    $0
    Hours/week
    5

  • Phyllis Heydt

    CO-CHAIR 1/23-10/23

    Total calculated
    $0
    Hours/week
    10

  • Ambassador John Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Daniel Palazuelos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Anthony Gitau

    ADVISORY COUNCIL

    Total calculated
    $0
    Hours/week
    1

  • Dr Angela Gichaga

    CEO

    Total calculated
    $235,256
    From this org
    $235,256
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,256
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $235,256

  • Dr Amit Chandra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Victorica Goodfellow

    CHAIR 10/23-12/23

    Total calculated
    $0
    Hours/week
    10

  • Varsay Sirleaf

    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

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

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202413209349304416

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