Civic Intelligence

Alpha Opportunities Inc.

990 • Fiscal year 2016 • EIN 45-0357242

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

PO Box 824Jamestown, ND 58402-0824

(701) 252-0162

Siviq Scores

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

Liabilities / Assets

81st percentile

0.75x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • NTEE P • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

0.27x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • NTEE P • $5M-$10M nonprofits • Source year 2016

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2016 filings • NTEE P • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

2016 filings • NTEE P • $5M-$10M nonprofits • Source year 2016

Asset Growth

75th percentile

9.4%

Faster asset growth than 75% of similar nonprofits.

2016 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

1.9%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,237,715

Up $191,429 (+9.4%) from 2015

Net Assets

Down

$559,480

Down $34,761 (-5.8%) from 2015

Liabilities

Up

$1,678,235

Up $226,190 (+16%) from 2015

Revenue

Up

$6,235,713

Up $116,689 (+1.9%) from 2015

Expenses

Up

$6,270,474

Up $384,267 (+6.5%) from 2015

Net Income

Down

-$34,761

Down $267,578 (-115%) from 2015

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$0Assets 2011: $1,619,231Liabilities 2011: $1,214,676Net Assets 2011: $404,5552011Assets 2012: $1,598,633Liabilities 2012: $1,188,828Net Assets 2012: $409,8052012Assets 2013: $1,797,042Liabilities 2013: $1,398,624Net Assets 2013: $398,4182013Assets 2014: $1,655,505Liabilities 2014: $1,294,081Net Assets 2014: $361,4242014Assets 2015: $2,046,286Liabilities 2015: $1,452,045Net Assets 2015: $594,2412015Assets 2016: $2,237,715Liabilities 2016: $1,678,235Net Assets 2016: $559,4802016Assets 2017: $2,394,334Liabilities 2017: $1,818,567Net Assets 2017: $575,7672017Assets 2018: $2,667,449Liabilities 2018: $2,237,330Net Assets 2018: $430,1192018Assets 2019: $2,722,508Liabilities 2019: $1,253,039Net Assets 2019: $1,469,4692019Assets 2020: $3,185,867Liabilities 2020: $641,054Net Assets 2020: $2,544,8132020Assets 2021: $4,228,151Liabilities 2021: $741,771Net Assets 2021: $3,486,3802021Assets 2022: $4,351,047Liabilities 2022: $121,336Net Assets 2022: $4,229,7112022Assets 2023: $3,273,016Liabilities 2023: $114,127Net Assets 2023: $3,158,8892023

Highlighted filing

2016

Assets$2,237,715
Liabilities$1,678,235
Net Assets$559,480

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,712,984Expenses 2011: $4,855,048Net Income 2011: -$142,0642011Revenue 2012: $5,056,644Expenses 2012: $5,051,398Net Income 2012: $5,2462012Revenue 2013: $5,220,938Expenses 2013: $5,228,363Net Income 2013: -$7,4252013Revenue 2014: $5,691,803Expenses 2014: $5,742,127Net Income 2014: -$50,3242014Revenue 2015: $6,119,024Expenses 2015: $5,886,207Net Income 2015: $232,8172015Revenue 2016: $6,235,713Expenses 2016: $6,270,474Net Income 2016: -$34,7612016Revenue 2017: $6,619,704Expenses 2017: $6,628,203Net Income 2017: -$8,4992017Revenue 2018: $7,224,192Expenses 2018: $6,980,810Net Income 2018: $243,3822018Revenue 2019: $7,914,786Expenses 2019: $6,933,896Net Income 2019: $980,8902019Revenue 2020: $7,562,229Expenses 2020: $6,486,885Net Income 2020: $1,075,3442020Revenue 2021: $6,924,225Expenses 2021: $5,982,658Net Income 2021: $941,5672021Revenue 2022: $5,709,408Expenses 2022: $5,682,212Net Income 2022: $27,1962022Revenue 2023: $3,397,449Expenses 2023: $3,675,018Net Income 2023: -$277,5692023

Highlighted filing

2016

Revenue$6,235,713
Expenses$6,270,474
Net Income-$34,761
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$6,248,597
Mission and Program Overview

Mission

To provide the tools to give people with disabilities the opportunities to live, work, recreate in their community

Providing services for developmentally challenged adults

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$561,510$856,226▲ $294,716
Land, Buildings, and Equipment, Net$717,587$690,511▼ $27,076
Savings and Temporary Cash Investments$327,955$411,005▲ $83,050
Cash and Non-Interest-Bearing Accounts$404,540$246,253▼ $158,287
Prepaid Expenses and Deferred Charges$33,553$33,068▼ $485
Intangible Assets$1,141$652▼ $489
Total Assets$2,046,286$2,237,715▲ $191,429
Liabilities
Other Liabilities$614,193$887,366▲ $273,173
Accounts Payable and Accrued Expenses$430,338$435,971▲ $5,633
Mortgage Notes Payable Secured by Investment Property$407,514$354,898▼ $52,616
Total Liabilities$1,452,045$1,678,235▲ $226,190
Net Assets / Fund Balance
Unrestricted Net Assets$570,455$535,675▼ $34,780
Temporarily Rstr Net Assets$23,786$23,805▲ $19
Total Net Assets Fund Balance$594,241$559,480▼ $34,761
Total Liabilities and Net Assets / Fund Balance$2,046,286$2,237,715▲ $191,429

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$533,649$936,314$1,469,963
Equipment$16,625$536,785$553,410
Land$140,237-$140,237
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brent HarrisChairperson
Deb EissingerVice Chairperson
Laurel HaroldsonDirector
Scott HareDirector
Lu MorehouseSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$505
Program Service Revenue
$6,211,951
Investment Income
$571
Other Revenue
$22,686
All Other Contributions
$505
Change in Net Assets
$-34,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,235,713
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,884
Total Revenue per Audited Statements
$6,248,597
Total Revenue per Form 990
$6,235,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,610,751
Other Expenses$659,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,888,870$458,116-$4,346,986
Other Employee Benefits$757,706$106,622-$864,328
Payroll Taxes$298,110$34,740-$332,850
Office Expenses$75,612$34,213-$109,825
Occupancy$75,745$14,974-$90,719
Fees for Services Other$61,124$9,965-$71,089
Pension Plan Contributions$54,062$12,525-$66,587
Depreciation Depletion$22,352$12,601-$34,953
Insurance$22,732$7,219-$29,951
All Other Expenses$16,145$8,346-$24,491
Travel$16,040$8,243-$24,283
Other Expenses$16,683--$16,683
Interest$1,766$13,057-$14,823
Advertising$828$7,038-$7,866
Conferences and Meetings$3,518$1,109-$4,627
Fees for Services Accounting-$1,885-$1,885
Total Functional Expenses$5,539,821$730,653$0$6,270,474

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,283,358
Expenses per Audited Statements$6,270,474
Total Expenses per Form 990$6,270,474
Expenses Not Reported on Form 990$12,884
Expenses Not Reported on Financial Statements$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Nddhs$887,366
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

A copy of the completed 990 is provided to the board at a meeting and it is reviewed with the board prior to filing with irs

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

The board members are provided with the conflict of interest policy once an year and are required to sign off on any potential conflicts

Form 990, Part VI, Section C, Line 19

Upon request in the main office, copies are available for inspection

Filing and Contact Details

Filer

Filer Name
Alpha Opportunites Inc
EIN
45-0357242
Phone
7012520162
Address
PO BOX 824, JAMESTOWN, ND 58402-0824

Signing Officer

Name
Brian Veil
Title
Director
Phone
7012520162
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Veil
Formed
1979
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
244
Volunteers
0

Preparer

Firm
Schauer & Associates Pc
Address
PO BOX 1808, JAMESTOWN, ND 58402-1808
Preparer
Duane R Dunn
Phone
7012525422
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 12,884. Rounding

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 12,884.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08017
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0195
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09927
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0794
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt034457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06211951
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06113172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05690292
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05226489
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05058424
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt028300328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09730
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0794
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt034457
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt023570
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01809
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0125
IRS990ScheduleA/OtherIncome509Grp/TotalAmt025504
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt028310255
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06212456
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06113852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05698309
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05227019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05058619
IRS990ScheduleA/Total509Grp/TotalAmt028310255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06248597
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06126730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05708164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05227312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05059413
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt028370216
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0533649
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0936314
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01469963
IRS990ScheduleD/EquipmentGrp/BookValueAmt016625
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0536785
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0553410
IRS990ScheduleD/ExpensesNotReportedAmt012884
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06270474
IRS990ScheduleD/LandGrp/BookValueAmt0140237
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140237
IRS990ScheduleD/OtherExpensesIncludedAmt012884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0887366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO NDDHS
IRS990ScheduleD/OtherRevenueAmt012884
IRS990ScheduleD/RevenueNotReportedAmt012884
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06235713
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES 12,884. ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 12,884.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0690511
IRS990ScheduleD/TotalExpensesPerForm990Amt06270474
IRS990ScheduleD/TotalLiabilityAmt0887366
IRS990ScheduleD/TotalRevenuePerForm990Amt06235713
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06248597
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06283358
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE COMPLETED 990 IS PROVIDED TO THE BOARD AT A MEETING AND IT IS REVIEWED WITH THE BOARD PRIOR TO FILING WITH IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY ONCE AN YEAR AND ARE REQUIRED TO SIGN OFF ON ANY POTENTIAL CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST IN THE MAIN OFFICE, COPIES ARE AVAILABLE FOR INSPECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt023786
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt023805
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02046286
IRS990/TotalAssetsEOYAmt02237715
IRS990/TotalAssetsGrp/BOYAmt02046286
IRS990/TotalAssetsGrp/EOYAmt02237715
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0505
IRS990/TotalEmployeeCnt0244
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0730653
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05539821
IRS990/TotalFunctionalExpensesGrp/TotalAmt06270474
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01452045
IRS990/TotalLiabilitiesEOYAmt01678235
IRS990/TotalLiabilitiesGrp/BOYAmt01452045
IRS990/TotalLiabilitiesGrp/EOYAmt01678235
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0594241
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0559480
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05539821
IRS990/TotalProgramServiceRevenueAmt06211951
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0571
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06234637
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06235713
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02046286
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02237715
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08243
IRS990/TravelGrp/ProgramServicesAmt016040
IRS990/TravelGrp/TotalAmt024283
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0570455
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0535675
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 824
IRS990/USAddress/CityNm0JAMESTOWN
IRS990/USAddress/StateAbbreviationCd0ND

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