Civic Intelligence

Alter Global

990 • Fiscal year 2017 • EIN 47-5297199

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 17, 2018

1276 Willis St No 200Redding, CA 96001

(217) 971-7047

Siviq Scores

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

Liabilities / Assets

98th percentile

3.81x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

8th percentile

-50%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

22nd percentile

-21%

Faster revenue growth than 22% of similar nonprofits.

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

Assets

Down

$5,737

Down $79,004 (-93%) from 2016

Net Assets

Down

-$16,138

Down $100,879 (-119%) from 2016

Liabilities

Up

$21,875

Up $21,875 from 2016

Revenue

Down

$201,920

Down $53,945 (-21%) from 2016

Expenses

Up

$302,799

Up $180,750 (+148%) from 2016

Net Income

Down

-$100,879

Down $234,695 (-175%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2016: $84,741Liabilities 2016: $0Net Assets 2016: $84,7412016Assets 2017: $5,737Liabilities 2017: $21,875Net Assets 2017: -$16,1382017Assets 2018: $3,526,461Liabilities 2018: $3,655Net Assets 2018: $3,522,8062018Assets 2019: $2,059,573Liabilities 2019: $28,624Net Assets 2019: $2,030,9492019Assets 2020: $1,291,698Liabilities 2020: $67,750Net Assets 2020: $1,223,9482020Assets 2021: $998,267Liabilities 2021: $0Net Assets 2021: $998,2672021Assets 2022: $575,587Liabilities 2022: $0Net Assets 2022: $575,5872022Assets 2023: $1,245,464Liabilities 2023: $0Net Assets 2023: $1,245,4642023Assets 2024: $807,555Liabilities 2024: $0Net Assets 2024: $807,5552024

Highlighted filing

2017

Assets$5,737
Liabilities$21,875
Net Assets-$16,138

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $255,865Expenses 2016: $122,049Net Income 2016: $133,8162016Revenue 2017: $201,920Expenses 2017: $302,799Net Income 2017: -$100,8792017Revenue 2018: $4,150,513Expenses 2018: $611,569Net Income 2018: $3,538,9442018Revenue 2019: -$803,515Expenses 2019: $688,342Net Income 2019: -$1,491,8572019Revenue 2020: -$337,995Expenses 2020: $469,006Net Income 2020: -$807,0012020Revenue 2021: $399,411Expenses 2021: $1,045,093Net Income 2021: -$645,6822021Revenue 2022: $0Expenses 2022: $5,329Net Income 2022: -$5,3292022Revenue 2023: $82,041Expenses 2023: $64,889Net Income 2023: $17,1522023Revenue 2024: $608,138Expenses 2024: $139,459Net Income 2024: $468,6792024

Highlighted filing

2017

Revenue$201,920
Expenses$302,799
Net Income-$100,879
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 17, 2018
Return Version
2017v2.2
Gross Receipts
$201,920
Mission and Program Overview

Mission

The specific purpose of Alter Global shall include without limitation, to relieve the poor by supporting global entrepreneurship.

To relieve the poor by supporting global entrepreneurship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$84,741$5,737▼ $79,004
Total Assets$84,741$5,737▼ $79,004
Liabilities
Accounts Payable and Accrued Expenses-$21,875-
Total Liabilities$0$21,875▲ $21,875
Net Assets / Fund Balance
Unrestricted Net Assets$84,741$-16,138▼ $100,879
Total Net Assets Fund Balance$84,741$-16,138▼ $100,879
Total Liabilities and Net Assets / Fund Balance$84,741$5,737▼ $79,004
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jesse SullivanPresident, Chairman, and CFT$88,000$88,000
Kim HorwitzChief of StaffFT$20,000$20,000

Board Members and Trustees

NameTitle
Jessica JackleySecretary
Allen TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$201,920
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$201,920
Change in Net Assets
$-100,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$185,097
Other Expenses$117,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$108,000--$108,000
Other Salaries and Wages$63,716--$63,716
Fees for Services Other$51,796--$51,796
Travel$25,274--$25,274
Payroll Taxes$13,381--$13,381
Fees for Services Legal$9,268--$9,268
Conferences and Meetings$6,724--$6,724
Information Technology$2,998--$2,998
Occupancy$2,891--$2,891
Office Expenses-$2,336-$2,336
Fees for Services Accounting$750--$750
Other Expenses$15,118$76-$76
Total Functional Expenses$299,916$2,883$0$302,799
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 11B

An independent CPA firm prepares the 990 which is then reviewed by Alter Global's President and Chief of Staff. A copy of Form 990 is provided to the entire governing body prior to filing.

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

An Interested Person shall make an appropriate disclosure of all material facts, including the existence of any financial interest, at any time that any actual or potential conflict of interest or ethical question arises. In addition, Interested Persons shall make an annual disclosure of on-going relationships and interests that may present a conflict of interest.

Form 990, Part VI, Section B, line 15

The salaries of Officers, if any, shall be fixed from time to time by resolution of the Board or by the person or Committee to whom the Board has delegated this function. In all cases, any salaries received by Officers shall be reasonable and given in return for services actually rendered for the Corporation which relate to the performance of the public benefit purposes of the Corporation. No salaried Officer serving as a Director shall be permitted to vote on his or her own compensation as an Officer. The Board shall periodically review the fairness of compensation, including benefits, paid to every person, regardless of title, with powers, duties, or responsibilities comparable to the president, chief executive officer, treasurer, or chief financial officer (i) once such person is hired, (ii) upon any extension or renewal of such person's term of employment, and (iii) when such person's compensation is modified (unless all employees are subject to the same general modification of compensation).

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Alter Global
EIN
47-5297199
Phone
2179717047
Address
1276 Willis St No 200, Redding, CA 96001

Signing Officer

Name
Jesse Sullivan
Title
President
Phone
2179717047
Signed
2018-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jesse Sullivan
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
3
Volunteers
2

Preparer

Firm
Eck Schafer & Punke LLP
Address
227 South Seventh Street, Springfield, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Contract Services: Program service expenses 49,546. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,546. Other Professional Fees: Program service expenses 2,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,250.

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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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IRS990/Desc0Relieve poverty and reverse community deterioration in the least developed countries, starting with Haiti, by enabling local entrepreneurs to learn the business skills necessary to expand their businesses and create jobs in places where they are most needed. Alter matches a small number of the most promising entrepreneurs in the least developed countries with local and global business experts, who will provide training and advice that will promote the success of the entrepreueurs and their businesses.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0An independent CPA firm prepares the 990 which is then reviewed by Alter Global's President and Chief of Staff. A copy of Form 990 is provided to the entire governing body prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1An Interested Person shall make an appropriate disclosure of all material facts, including the existence of any financial interest, at any time that any actual or potential conflict of interest or ethical question arises. In addition, Interested Persons shall make an annual disclosure of on-going relationships and interests that may present a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The salaries of Officers, if any, shall be fixed from time to time by resolution of the Board or by the person or Committee to whom the Board has delegated this function. In all cases, any salaries received by Officers shall be reasonable and given in return for services actually rendered for the Corporation which relate to the performance of the public benefit purposes of the Corporation. No salaried Officer serving as a Director shall be permitted to vote on his or her own compensation as an Officer. The Board shall periodically review the fairness of compensation, including benefits, paid to every person, regardless of title, with powers, duties, or responsibilities comparable to the president, chief executive officer, treasurer, or chief financial officer (i) once such person is hired, (ii) upon any extension or renewal of such person's term of employment, and (iii) when such person's compensation is modified (unless all employees are subject to the same general modification of compensation).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contract Services: Program service expenses 49,546. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,546. Other Professional Fees: Program service expenses 2,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,250.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.73.101.69
ReturnHeader/FilingSecurityInformation/IPDt02018-02-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:06:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371335003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eck Schafer & Punke LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 South Seventh Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Springfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062701
ReturnHeader/PreparerPersonGrp/PhoneNum02175251111
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brent Leach
ReturnHeader/ReturnTs02018-04-14T19:09:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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