Civic Intelligence

Alpfa Inc

990 • Fiscal year 2024 • EIN 32-0178401

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 14, 2025

3571 Far West Blvd 3695Austin, TX 78731

(855) 692-5732

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • 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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

100th percentile

$509,537

Higher top officer pay than 100% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

43rd percentile

2.2%

Faster asset growth than 43% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$731,733

Up $15,806 (+2.2%) from 2023

Net Assets

Down

$715,185

Down $742 (-0.1%) from 2023

Liabilities

Up

$16,548

Up $16,548 from 2023

Revenue

Down

$0

Down $479,231 (-100%) from 2023

Expenses

Down

$742

Down $1,153,333 (-100%) from 2023

Net Income

Up

-$742

Up $674,102 (+100%) from 2023

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,165,469Liabilities 2010: $1,606,067Net Assets 2010: $1,559,4022010Assets 2011: $3,424,473Liabilities 2011: $1,457,475Net Assets 2011: $1,966,9982011Assets 2012: $5,054,964Liabilities 2012: $2,814,480Net Assets 2012: $2,240,4842012Assets 2013: $4,181,523Liabilities 2013: $3,379,353Net Assets 2013: $802,1702013Assets 2018: $653,149Liabilities 2018: $2,288,441Net Assets 2018: -$1,635,2922018Assets 2019: $576,895Liabilities 2019: $1,374,754Net Assets 2019: -$797,8592019Assets 2020: $1,020,140Liabilities 2020: $964,043Net Assets 2020: $56,0972020Assets 2021: $2,203,417Liabilities 2021: $1,461,208Net Assets 2021: $742,2092021Assets 2022: $2,355,920Liabilities 2022: $968,707Net Assets 2022: $1,387,2132022Assets 2023: $715,927Liabilities 2023: $0Net Assets 2023: $715,9272023Assets 2024: $731,733Liabilities 2024: $16,548Net Assets 2024: $715,1852024

Highlighted filing

2024

Assets$731,733
Liabilities$16,548
Net Assets$715,185

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,213,5842010Expenses 2011: $5,094,0502011Expenses 2012: $7,453,2232012Expenses 2013: $7,465,8092013Revenue 2018: $5,695,708Expenses 2018: $4,532,830Net Income 2018: $1,162,8782018Revenue 2019: $4,794,611Expenses 2019: $3,961,876Net Income 2019: $832,7352019Revenue 2020: $3,009,177Expenses 2020: $2,156,265Net Income 2020: $852,9122020Revenue 2021: $4,356,739Expenses 2021: $3,675,303Net Income 2021: $681,4362021Revenue 2022: $7,084,425Expenses 2022: $6,436,229Net Income 2022: $648,1962022Revenue 2023: $479,231Expenses 2023: $1,154,075Net Income 2023: -$674,8442023Revenue 2024: $0Expenses 2024: $742Net Income 2024: -$7422024

Highlighted filing

2024

Revenue$0
Expenses$742
Net Income-$742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

To empower and develop latino men and women as leaders of character for the nation, in every sector of the global economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$172,017$0▼ $172,017
Accounts Receivable$7,500$0▼ $7,500
Cash and Non-Interest-Bearing Accounts$73,528$5,133▼ $68,395
Land, Buildings, and Equipment, Net$0--
Total Assets$715,927$731,733▲ $15,806
Other Assets Total$462,882$726,600▲ $263,718
Liabilities
Accounts Payable and Accrued Expenses$0$16,548▲ $16,548
Total Liabilities$0$16,548▲ $16,548
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$674,665$669,993▼ $4,672
Net Assets With Donor Restrictions$41,262$45,192▲ $3,930
Total Net Assets Fund Balance$715,927$715,185▼ $742
Total Liabilities and Net Assets / Fund Balance$715,927$731,733▲ $15,806

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$681,408--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$41,262-▲ $3,930-$45,192
2023$37,704-▲ $3,558-$41,262
2022$40,896-▼ $3,192-$37,704
2021$36,220-▲ $4,676-$40,896
2020$35,176-▲ $1,044-$36,220
Compensation and Service Providers

Employees

NameTitleOtherTotal
Enna JimenezDirector (thru 8/24)$100,000$100,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$742
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$403
Office Expenses---$264
Advertising---$75
Total Functional Expenses$0$0$0$742
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization's bylaws were amended in 2020 to reflect changes to the number of board members, terms and rotations.

Form 990, Part VI, Section A, Line 6

Alpfa, inc has two classes of members, designated as general members and student members. All members shall be natural persons and, except for student members, shall be at least 18 years of age. General members shall have the right to attend all member meetings and the right to vote, as set forth in these bylaws, on the election of directors, at large directors, disposition of all or substanitally all of the assets of the organization, on any merger and its principal terms and any material amendment of those terms, on any election to dissolve the organization and on all other matters submitted to a vote of the members whether or not required by law.

Form 990, Part VI, Section A, Line 7A

The organization's members elect its governing body. The voting members include the general members. The chairman, the vice chairman, treasurer and the secretary are elected to the board by the general membership.

Form 990, Part VI, Section A, Line 7B

General members shall have the right to attend all member meetings and the right to vote, as set forth in these bylaws, on the election of directors, at large directors, disposition of all or substanitally all of the assets of the organization, on any merger and its principal terms and any material amendment of those terms, on any election to dissolve the organization and on all other matters submitted to a vote of the members whether or not required by law.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by management and the audit commmitee, then the form 990 is made available for review to all members of the governing body prior to submission.

Form 990, Part VI, Section B, Line 12C

Potential conflicts of interest are reviewed and determined at the board of directors level. The directors meets regularly to review and monitor the organization's activities. All directors are covered by the conflict of interest policy. All directors shall submit a signed conflict of interest disclosure annually to the board. If a conflict arises, the director with a conflict of interest will recuse themselves from the decision making process and voting on transactions. There have been no incidences of any conflict in 2024.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are available upon request. The organization's form 990 and bylaws are available for viewing on the organization's website.

Filing and Contact Details

Filer

Filer Name
Alpfa Inc
EIN
32-0178401
Phone
8556925732
Address
3571 FAR WEST BLVD 3695, AUSTIN, TX 78731

Signing Officer

Name
Selene Benavides
Title
CFO
Phone
8556925732
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damian Rivera
Formed
1972
Legal Domicile
CA
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
20

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
4747 EXECUTIVE DR SUITE 1300, SAN DIEGO, CA 92121
Preparer
Jane Coleman
Phone
8586271400
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment's intended use is to provide support for local students.

PART X, LINE 2:

The association is incorporated as a nonprofit mutual benefit corporation under the laws of the state of california and is generally exempt from federal and state income taxes under section 501(c)(6) of the internal revenue code (irc) and section 23701(e) of the revenues and taxation code of the state of california. The foundation operates as a nonprofit public benefit corporation under section 501(c)(3) of the irc and section 23701(d) of the revenues and taxation code of the state of california and, generally, is exempt from federal and state income taxes. Accordingly, no provision for income taxes is included in these consolidated financial statements. The association and the foundation have evaluated the consolidated financial statement impact of tax positions taken or expected to be taken in their tax returns. Management has determined that no tax liabilities need to be recorded under applicable accounting guidance for the years ended december 31, 2024 and 2023.

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IRS990/ActivityOrMissionDesc0TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY.
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IRS990/Desc0LEADERSHIP DEVELOPMENT, CAREER ADVANCEMENT, AND COMMUNITY IMPACT ALPFA IS A LATINO-CULTURALLY FOCUSED AND ALL-INCLUSIVE ORGANIZATION THAT EMPOWERS STUDENTS AND PROFESSIONALS OF ALL BACKGROUNDS TO RISE AS LEADERS IN EVERY SECTOR OF THE GLOBAL ECONOMY. THROUGH A NATIONAL NETWORK OF STUDENT AND PROFESSIONAL CHAPTERSINCLUDING MORE THAN 200 AT COMMUNITY COLLEGES, UNIVERSITIES, AND IVY LEAGUE SCHOOLSALPFA PROVIDES FREE AND LOW-COST PROGRAMS IN LEADERSHIP DEVELOPMENT, MENTORSHIP, CAREER READINESS, AND NETWORKING DESIGNED TO BUILD SKILLS, CONFIDENCE, AND CONNECTIONS. MULTI-DAY PROGRAMS SUCH AS THE NATIONAL CONVENTION, WOMEN OF ALPFA, REGIONAL STUDENT SYMPOSIA, AND TECHNOLOGY SUMMITS OFFER EXPERIENTIAL LEARNING, HANDS-ON LEADERSHIP TRAINING, COACHING, SCHOLARSHIPS, FELLOWSHIPS, AND DIRECT ACCESS TO INTERNSHIP AND EMPLOYMENT OPPORTUNITIES.ALPFA'S DIGITAL PLATFORM, ALPFA+, EXTENDS THESE BENEFITS NATIONWIDE, OFFERING FREE, COMMUNITY-BUILT LEARNING AND DEVELOPMENT CONTENT, PERSONALIZED MENTORSHIP, AND CAREER RESOURCES. THE ALPFA+ PLATFORM IS CREATED BY AND FOR THE COMMUNITY, SHOWCASING EXPERTS WHO SHARE KNOWLEDGE, MODEL LIFELONG LEARNING, AND DEMONSTRATE THE BEHAVIORS NEEDED FOR SUCCESS BEYOND THE CLASSROOM. THIS ENABLES STUDENTS TO LEARN DIRECTLY FROM ROLE MODELS AND APPLY NEW SKILLS IN THEIR CHAPTERS AND COMMUNITIES.THROUGH THESE EFFORTS, ALPFA IS BUILDING A SELF-REINFORCING LEADERSHIP ECOSYSTEMONE THAT EQUIPS STUDENTS TO LEARN, GROW, AND GIVE BACK AS PROFESSIONALS WHO UPLIFT THEIRFAMILIES, COMMUNITIES, AND THE WORLD.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (THRU 8/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt18IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
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IRS990/MissionDesc0TO EMPOWER AND DEVELOP LATINO LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY, WHILE EMBRACING PEOPLE OF ALL BACKGROUNDS WHO SHARE THIS MISSION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT'S INTENDED USE IS TO PROVIDE SUPPORT FOR LOCAL STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS INCORPORATED AS A NONPROFIT MUTUAL BENEFIT CORPORATION UNDER THE LAWS OF THE STATE OF CALIFORNIA AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND SECTION 23701(E) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA. THE FOUNDATION OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION UNDER SECTION 501(C)(3) OF THE IRC AND SECTION 23701(D) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA AND, GENERALLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION AND THE FOUNDATION HAVE EVALUATED THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THEIR TAX RETURNS. MANAGEMENT HAS DETERMINED THAT NO TAX LIABILITIES NEED TO BE RECORDED UNDER APPLICABLE ACCOUNTING GUIDANCE FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAMIAN RIVERA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SELENE BENAVIDES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALPFA, INC.'S (THE "ASSOCIATION") RELATED PARTY ALPFA FOUNDATION, INC. (THE "FOUNDATION") SETS COMPENSATION FOR THE ASSOCIATION'S CEO BASED ON ONE OR MORE OF THE METHODS DESCRIBED IN SCHEDULE J, PART I, LINE 3.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BYLAWS WERE AMENDED IN 2020 TO REFLECT CHANGES TO THE NUMBER OF BOARD MEMBERS, TERMS AND ROTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALPFA, INC HAS TWO CLASSES OF MEMBERS, DESIGNATED AS GENERAL MEMBERS AND STUDENT MEMBERS. ALL MEMBERS SHALL BE NATURAL PERSONS AND, EXCEPT FOR STUDENT MEMBERS, SHALL BE AT LEAST 18 YEARS OF AGE. GENERAL MEMBERS SHALL HAVE THE RIGHT TO ATTEND ALL MEMBER MEETINGS AND THE RIGHT TO VOTE, AS SET FORTH IN THESE BYLAWS, ON THE ELECTION OF DIRECTORS, AT LARGE DIRECTORS, DISPOSITION OF ALL OR SUBSTANITALLY ALL OF THE ASSETS OF THE ORGANIZATION, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY MATERIAL AMENDMENT OF THOSE TERMS, ON ANY ELECTION TO DISSOLVE THE ORGANIZATION AND ON ALL OTHER MATTERS SUBMITTED TO A VOTE OF THE MEMBERS WHETHER OR NOT REQUIRED BY LAW.

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