American Independent Business Alliance

Nonprofit profile at a glance

EIN
841602447
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2013
Location
Wayland Ma, MA, USA
Phone
5084797355
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Management & Technical Assistance

Reported finances

Revenue
$139,449
Expenses
$136,996
Assets
$21,578
Liabilities
$1,903

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • LAURENCE HAMMEL (PRESIDENT & SECRETARY)

People named in this filing

  • LAURENCE HAMMEL (PRESIDENT & SECRETARY)
  • DEREK PEEBLES (TREASURER)
  • TOM LOWENBURG (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Amiba supports communities in becoming more sustainable and resilient through fostering a culture that values and builds opportunity for community residents. Amiba is an educational, networking, and resource, hub that supports communities design and implement initiatives to support local independent businesses, maintain local entrepreneurship opportunities, and advance resident engagment in directing their community's development.

What it reported doing in 2024

Building vital and inclusive communities and strong local economiesstaff engage in public education via our website, media appearances, social media and the distribution of educational materials that promote the importance of local economies.we continue providing community presentations and workshops to help support local organizing , public education, organizational development, and strategic planning. These are vital launch pads for community pro-local organizing and independent business alliance development. Our continued networking includes working with a variety of community-based groups in 36 us states and communities of all sizes. Amiba successfully shares dynamic ideas, best practices, and offers initiatives and programs that make a major impact on local economies everywhere. It is an amiba core value that the only way to build strong local economies is to ensure that they are diverse, equitable, and inclusive. We offer workshops and programs to communities in many regions of the us that focus on building diversity in our movement and focusing on creating a more just and fair economy.

Operating model

Revenue model
Earned-program. 68% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 83
  • Accountability: 88
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.6%; rating input score 68
  • Program expense ratio: 68.8%; rating input score 69
  • Fundraising efficiency: $2,498.89 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 96.2%; rating input score 96; 56th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.8%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -43.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -40.2% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -53.2% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 67.6% of revenue deployed · 68.8% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $94K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 17 of 19 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.