Financing Alliance For Health
- Assets
- $3.3m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Bethlehem, PA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0976806
Organization Overview
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 12/2021, Financing Alliance For Health generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
THE FINANCING ALLIANCE FOR HEALTH PARTICIPATED IN THE AHBS III SYMPOSIUM THIS YEAR TITLED "ACHIEVING UHC IN AFRICA: STRONGER TOGETHER." THE EVENT HAD OVER 350 DELEGATES FROM 52 COUNTRIES WITH 31 AFRICAN COUNTRIES REPRESENTED AND OVER 80 PARTICIPATING ORGANIZATIONS. THIS CONFERENCE RALLIED THE PRIVATE SECTOR SUPPORT FOR UNIVERSAL HEALTH COVERAGE ("UHC") IN AFRICA AND THE PUBLIC SECTOR WAS REPRESENTED BY 4 MINISTERS OF HEALTH - HON. AARON MOTSOALEDI (SOUTH ARICA), HON. WILHELMINA JALLAH (LIBERIA), HON. BERNARD HAUFIKU, (NAMIBIA), HON. SILVIA LUTUCUTA (ANGOLA) AMONGST OTHER KEY OFFICIALS INCLUDING H.E. AMIRA ELFADIL, COMMISSIONER OF SOCIAL SERVICES, AFRICAN UNION, DR. TODA TAKAO (JICA) AND IQBAL SURVE (SEKUNJALO GROUP).THIS SYMPOSIUM DEMONSTRATED THE WILL OF STAKEHOLDERS TO COLLABORATE AND COMMIT TO A HEALTHIER AFRICA. THE OUTCOMES SHARED WITH SEVERAL MINISTRIES OF HEALTH WILL PROVIDE THE MUCH NEEDED INNOVATIVE APPROACHES TOWARDS UHC FOR AFRICA. THE FAH CO-AUTHORED A BLOG POST ON THINK GLOBAL HEALTH ON THE IMPORTANCE OF COMMUNITY HEALTH, PARTICULARLY IN TIMES OF CRISES SUCH AS THE ON-GOING COVID-19 PANDEMIC. FAH CONTRIBUTED TO THE ANALYSIS TO QUANTIFY THE PERSONAL PROTECTIVE EQUIPMENT ("PPE") NEEDS FOR CHWS TO SAFELY SUPPORT COVID-19 EFFORTS IN LOW - AND MIDDLE-INCOME COUNTRIES. AWARENESS AND EDUCATION:LAUNCHED THE FINANCING COMMUNITY HEALTH PROGRAMS FOR SCALE AND SUSTAINABILITY COURSE SERIES WHICH IS AN ONLINE COMMUNITY HEALTH FINANCING CURRICULUM IN COLLABORATION WITH THE COMMUNITY HEALTH ACADEMY. THIS COURSE WILL EQUIP LEADERS WITH THE SKILLS THEY NEED TO ADVOCATE FOR MORE FUNDING FOR THEIR COMMUNITY HEALTH SYSTEMS. COUNTRY ENGAGEMENT: ZIMBABWE: SUPPORTED THE DEVELOPMENT OF THE 2020-2025 COSTED NATIONAL COMMUNITY HEALTH STRATEGY, COMMUNITY HEALTH (CH) PACKAGE AND INVESTMENT CASE.ZAMBIA: SUPPORTED FINALIZATION OF THE COSTED COMMUNITY HEALTH STRATEGY AND DEVELOPMENT OF THE INVESTMENT CASE.KENYA: CO-FACILITATED A MULTI-STAKEHOLDER WORKSHOP TO REVIEW THE PREVIOUS CH STRATEGY FOR THE DEVELOPMENT OF THE 2020-2025 CH STRATEGY.ANALYTICAL TOOLS: REFINED AND UPDATED THE COMMUNITY HEALTH COMPARATIVE COSTING DATABASE, A DATABASE THAT AGGREGATES AND COMPARES COSTS FOR RUNNING NATIONAL COMMUNITY HEALTH PROGRAMS IN SEVERAL AFRICAN COUNTRIES COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Angela Gichaga CEO - Secretary | Trustee | 40 | $186,168 |
Nan Chen Co-Chair | OfficerTrustee | 5 | $0 |
Phyllis Heydt Co-Chair | OfficerTrustee | 5 | $0 |
Dr Daniel Palazuelos Director | Trustee | 1 | $0 |
Dr Amit Chandra Director | Trustee | 1 | $0 |
Anthony Gitau Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $2,467,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,467,371 |
| 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 | $2,501,332 |
| 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. | $0 |
| 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 | $4,451 |
| Fees for services: Accounting | $41,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $883,131 |
| Advertising and promotion | $0 |
| Office expenses | $17,979 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,587 |
| Travel | $82,624 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $808 |
| Insurance | $1,261 |
| All other expenses | $0 |
| Total functional expenses | $1,086,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,343,951 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $961,207 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,902 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,307,060 |
| Accounts payable and accrued expenses | $52,860 |
| Grants payable | $0 |
| Deferred revenue | $1,300,000 |
| 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 | $1,352,860 |
| Net assets without donor restrictions | $359,693 |
| Net assets with donor restrictions | $1,594,507 |
| 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 | $3,307,060 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Financing Alliance For Health has recieved totaling $2,550,000.
| Awarding Organization | Amount |
|---|---|
Skoll Foundation Palo Alto, CA PURPOSE: CORE SUPPORT | $1,300,000 |
Skoll Foundation Palo Alto, CA PURPOSE: CORE SUPPORT | $950,000 |
Skoll Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $285,000 |
The Skoll Fund Mountain View, CA PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
International Youth Foundation Baltimore, MD | $31,725,558 | $21,248,898 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |
Womens World Banking Inc New York, NY | $45,990,561 | $24,725,214 |
Innovation Africa New York, NY | $6,054,720 | $16,340,258 |
Near East Foundation Syracuse, NY | $16,218,674 | $15,526,282 |
Amref Health Africa Inc New York, NY | $11,305,543 | $22,534,673 |
International Schools Services Inc Princeton, NJ | $22,409,212 | $13,743,105 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
British Schools And Universities Foundation Inc New York, NY | $4,352,409 | $13,471,425 |