Civic Intelligence

Alpha News

990EZ • Fiscal year 2017 • EIN 47-3178268

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

13033 Ridgedale Drive No 101Minnetonka, MN 55305

(612) 695-0627

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

39th percentile

-0.4%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$16,666

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

38th percentile

-3.0%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$23,459

Down $729 (-3.0%) from 2016

Net Assets

Down

$23,423

Down $765 (-3.2%) from 2016

Liabilities

Up

$36

Up $36 from 2016

Revenue

Up

$198,260

Up $34,039 (+21%) from 2016

Expenses

Up

$199,025

Up $54,696 (+38%) from 2016

Net Income

Down

-$765

Down $20,657 (-104%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $4,296Liabilities 2015: $02015Assets 2016: $24,188Liabilities 2016: $0Net Assets 2016: $24,1882016Assets 2017: $23,459Liabilities 2017: $36Net Assets 2017: $23,4232017Assets 2018: $24,051Liabilities 2018: $36Net Assets 2018: $24,0152018Assets 2019: $26,969Liabilities 2019: $36Net Assets 2019: $26,9332019Assets 2020: $28,413Liabilities 2020: $36Net Assets 2020: $28,3772020Assets 2021: $152,755Liabilities 2021: $1,700Net Assets 2021: $151,0552021Assets 2022: $376,015Liabilities 2022: $11,356Net Assets 2022: $364,6592022Assets 2023: $385,546Liabilities 2023: $19,736Net Assets 2023: $365,8102023Assets 2024: $488,711Liabilities 2024: $28,986Net Assets 2024: $459,7252024

Highlighted filing

2017

Assets$23,459
Liabilities$36
Net Assets$23,423

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $170,000Expenses 2015: $165,704Net Income 2015: $4,2962015Revenue 2016: $164,221Expenses 2016: $144,329Net Income 2016: $19,8922016Revenue 2017: $198,260Expenses 2017: $199,025Net Income 2017: -$7652017Revenue 2018: $156,417Expenses 2018: $155,825Net Income 2018: $5922018Revenue 2019: $175,935Expenses 2019: $165,017Net Income 2019: $10,9182019Revenue 2020: $331,071Expenses 2020: $329,627Net Income 2020: $1,4442020Revenue 2021: $599,031Expenses 2021: $476,353Net Income 2021: $122,6782021Revenue 2022: $951,393Expenses 2022: $737,789Net Income 2022: $213,6042022Revenue 2023: $811,070Expenses 2023: $799,267Net Income 2023: $11,8032023Revenue 2024: $1,275,766Expenses 2024: $1,181,851Net Income 2024: $93,9152024

Highlighted filing

2017

Revenue$198,260
Expenses$199,025
Net Income-$765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$198,260
Mission and Program Overview

Mission

Alpha News reports on issues relating to local, state, and federal government, as well as the people and personalities involved. Unlike traditional media, our programming goes beyond the headlines and focuses on issues of local interest that consistently go unreported.

Alpha news uses advanced social media and online technology platforms to deliver important news programming to audiences everywhere in minnesota. Alpha reports on issues relating to local, state and federal government, as well as, the people and personalities involved. Unlike traditional media, our programing goes beyond the headlines and focuses on issues of local interest that consistently go unreported.

Program Services

DescriptionGrantsExpenses
ALPHA NEWS USES ADVANCED SOCIAL MEDIA AND ONLINE TECHNOLOGY PLATFORMS TO DELIVER IMPORTANT NEWS PROGRAMMING TO AUDIENCES EVERYWHERE IN MINNESOTA. ALPHA NEWS REPORTS ON ISSUES RELATING TO LOCAL, STATE AND FEDERAL GOVERNMENT, AS WELL AS, THE PEOPLE AND PERSONALITIES INVOLVED. UNLIKE TRADITIONAL MEDIA, OUR PROGRAMING GOES BEYOND THE HEADLINES AND FOCUSES ON ISSUES OF LOCAL INTEREST THAT CONSISTENTLY GO UNREPORTED. OUR NEWS IS FUELED BY CITIZENS AND THEIR INTERESTS. ALPHA NEWS REACHES OVER 30,000 INDIVIDUALS EACH WEEK BRINGING THEM PERTINENT COMMUNITY NEWS. ALPHA NEWS ENGAGES THE PUBLIC IN THE CIVIC PROCESS BY EDUCATING THEM ON WHAT IS HAPPENING IN THEIR COMMUNITIES, SPECIFICALLY FOCUSING ON LOCAL ISSUES THAT ARE NOT COVERED BY MAJOR PAPERS.FOR A LISTING OF ARTICLES AND CURRENT CONTENT PUBLISHED BY ALPHA NEWS, SEE HTTP://ALPHANEWSMN.COM$0$154,651
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLE MATHISENTreasurer - Term EndedPT$16,666-$16,666
ALEX KHARAMPresidentPT$0--
CHRIS KAUFMANNTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Alpha News
EIN
47-3178268
Phone
6126950627
Address
13033 RIDGEDALE DRIVE NO 101, MINNETONKA, MN 55305

Signing Officer

Name
Alex Kharam
Title
President
Phone
6126950627
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
John Tauer
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 2,702. Description: advertising. Amount: 11,062. Description: insurance. Amount: 3,782. Description: job materials. Amount: 156. Description: tools. Amount: 1,395. Description: travel. Amount: 1,477. Description: other. Amount: 2,888. Description: taxes. Amount: 25. Total to form 990-ez, line 16: 23,487.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 8,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 36.

Raw XML Appendix143 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,702. DESCRIPTION: ADVERTISING. AMOUNT: 11,062. DESCRIPTION: INSURANCE. AMOUNT: 3,782. DESCRIPTION: JOB MATERIALS. AMOUNT: 156. DESCRIPTION: TOOLS. AMOUNT: 1,395. DESCRIPTION: TRAVEL. AMOUNT: 1,477. DESCRIPTION: OTHER. AMOUNT: 2,888. DESCRIPTION: TAXES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 23,487.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,000.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxYr02017

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Filings