Civic Intelligence

Altra Foundation Inc

990EZ • Fiscal year 2024 • EIN 20-2555956

Apr 01, 2023 to Mar 31, 2024 • Filed on Dec 11, 2024

Organization ProfileALTRAFOUNDATION.ORG
1700 Oak Forest DriveOnalaska, WI 54650

(608) 787-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

91st percentile

52%

Higher net margin than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

12%

Faster revenue growth than 61% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$341,928

Up $62,065 (+22%) from 2023

Net Assets

Up

$341,928

Up $62,065 (+22%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin91st percentile

Revenue

Up

$118,388

Up $12,460 (+12%) from 2023

Expenses

Down

$56,323

Down $4,808 (-7.9%) from 2023

Net Income

Up

$62,065

Up $17,268 (+39%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2014: $101,853Net Assets 2014: $101,8532014Assets 2015: $126,479Net Assets 2015: $126,4792015Assets 2016: $163,012Net Assets 2016: $163,0122016Assets 2017: $184,147Net Assets 2017: $184,1472017Assets 2018: $194,183Net Assets 2018: $194,1832018Assets 2019: $218,312Net Assets 2019: $218,3122019Assets 2020: $222,185Net Assets 2020: $222,1852020Assets 2021: $221,759Net Assets 2021: $221,7592021Assets 2022: $227,566Net Assets 2022: $227,5662022Assets 2023: $279,863Net Assets 2023: $279,8632023Assets 2024: $341,928Net Assets 2024: $341,9282024Assets 2025: $386,323Net Assets 2025: $386,3232025

Highlighted filing

2024

Assets$341,928
Liabilities-
Net Assets$341,928
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $49,718Expenses 2014: $38,655Net Income 2014: $11,0632014Revenue 2015: $53,725Expenses 2015: $29,099Net Income 2015: $24,6262015Revenue 2016: $62,534Expenses 2016: $26,001Net Income 2016: $36,5332016Revenue 2017: $55,151Expenses 2017: $34,016Net Income 2017: $21,1352017Revenue 2018: $49,001Expenses 2018: $38,965Net Income 2018: $10,0362018Revenue 2019: $52,575Expenses 2019: $28,446Net Income 2019: $24,1292019Revenue 2020: $49,477Expenses 2020: $45,604Net Income 2020: $3,8732020Revenue 2021: $52,498Expenses 2021: $52,924Net Income 2021: -$4262021Revenue 2022: $65,743Expenses 2022: $59,936Net Income 2022: $5,8072022Revenue 2023: $105,928Expenses 2023: $61,131Net Income 2023: $44,7972023Revenue 2024: $118,388Expenses 2024: $56,323Net Income 2024: $62,0652024Revenue 2025: $118,395Expenses 2025: $74,000Net Income 2025: $44,3952025

Highlighted filing

2024

Revenue$118,388
Expenses$56,323
Net Income$62,065
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Dec 11, 2024
Return Version
2023v6.0
Gross Receipts
$118,388
Mission and Program Overview

Mission

The charitable purpose of altra foundation, inc. Is to provide educational materials and other materials so that individuals (both young adults and mature adults) can learn about personal financial management.

Program Services

DescriptionGrantsExpenses
CREATED BROCHURES AND INFORMATIONAL FLYERS. PROVIDED SCHOLARSHIPS TO YOUNG ADULTS, ALONG WITH GRANTS TO JUNIOR ACHEIVEMENT, LA CROSSE AND ONALASKA EDUCATION FOUNDATION.$45,766$53,514
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN STRANGMANChair-$0--
LYNDSEY THOMASBoard Member-$0--
DANIELLE ANDERSONScholarship-$0--
JACKIE URBANSecretary-$0--
JOHN ROBINSONBoard Member-$0--
SCOTT HERDEMANTreasurer-$0--
SHAWN HAUSERDevelopment-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$23,224$23,224-$23,224
Total Events$23,224$23,224-$23,224
Filing and Contact Details

Filer

Filer Name
Altra Foundation Inc
EIN
20-2555956
Phone
6087877100
Address
1700 OAK FOREST DRIVE, ONALASKA, WI 54650

Signing Officer

Name
Kevin Strangman
Title
Chair
Phone
6087874500
Signed
2024-12-11
Discuss with paid preparer
Yes

Preparer

Firm
Jrm Cpas
Address
2511 MAIN ST STE 101, ONALASKA, WI 54650-6759
Preparer
Gregory S Marso
Phone
6087818712
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 45,766”

Form 990-ez, Part I, Line 16

“Expenses training/educat materials 3,998 other administrative exp 2,230 software expense 3,750 total 9,978”

Form 990-ez, Part III

“The charitable purpose of altra foundation, inc. Is to provide educational materials and other materials so that individuals (both young adults and mature adults) can learn about personal financial management.”

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN STRANGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LYNDSEY THOMAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIELLE ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JACKIE URBAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SCOTT HERDEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHAWN HAUSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SCHOLARSHIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DEVELOPMENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09978
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CHARITABLE PURPOSE OF ALTRA FOUNDATION, INC. IS TO PROVIDE EDUCATIONAL MATERIALS AND OTHER MATERIALS SO THAT INDIVIDUALS (BOTH YOUNG ADULTS AND MATURE ADULTS) CAN LEARN ABOUT PERSONAL FINANCIAL MANAGEMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CREATED BROCHURES AND INFORMATIONAL FLYERS. PROVIDED SCHOLARSHIPS TO YOUNG ADULTS, ALONG WITH GRANTS TO JUNIOR ACHEIVEMENT, LA CROSSE AND ONALASKA EDUCATION FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt045766
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053514
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt023224
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056323
IRS990EZ/TotalProgramServiceExpensesAmt053514
IRS990EZ/TotalRevenueAmt0118388
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ALTRAFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073673
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt070936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt062457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt051089
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0304917
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010745
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03672
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01409
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02655
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt031320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt067474
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010745
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02655
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021767
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94480
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0109767
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049477
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0394158
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023224
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 45,766
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TRAINING/EDUCAT MATERIALS 3,998 OTHER ADMINISTRATIVE EXP 2,230 SOFTWARE EXPENSE 3,750 TOTAL 9,978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHARITABLE PURPOSE OF ALTRA FOUNDATION, INC. IS TO PROVIDE EDUCATIONAL MATERIALS AND OTHER MATERIALS SO THAT INDIVIDUALS (BOTH YOUNG ADULTS AND MATURE ADULTS) CAN LEARN ABOUT PERSONAL FINANCIAL MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN STRANGMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06087874500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTRA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALTR
ReturnHeader/Filer/EIN0202555956
ReturnHeader/Filer/PhoneNum06087877100
ReturnHeader/Filer/USAddress/AddressLine1Txt01700 OAK FOREST DRIVE
ReturnHeader/Filer/USAddress/CityNm0ONALASKA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054650
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271421972
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JRM CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02511 MAIN ST STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ONALASKA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546506759
ReturnHeader/PreparerPersonGrp/PhoneNum06087818712
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S MARSO
ReturnHeader/ReturnTs02025-01-23T18:02:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-04-01
ReturnHeader/TaxPeriodEndDt02024-03-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$341,928
Liabilities
-
Net assets
$341,928
Revenue
$118,388
Expenses
$56,323
Net income
$62,065
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.86$3.86$1.18$0.74$0.44
2024Detailed filing. Detailed filing data is available for this year.$3.42$3.42$1.18$0.56$0.62
2023Detailed filing. Detailed filing data is available for this year.$2.80$2.80$1.06$0.61$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.28$2.28$0.66$0.60$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.22$2.22$0.52$0.53$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.22$2.22$0.49$0.46$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.18$2.18$0.53$0.28$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.94$1.94$0.49$0.39$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.84$1.84$0.55$0.34$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.63$1.63$0.63$0.26$0.37
2015Detailed filing. Detailed filing data is available for this year.$1.26$1.26$0.54$0.29$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.02$1.02$0.50$0.39$0.11