Liabilities / Assets
29th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
29th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
29th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
52nd percentile
Higher top officer pay than 52% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$998,267
Down $293,431 (-23%) from 2020
Net Assets
Down$998,267
Down $225,681 (-18%) from 2020
Liabilities
Down$0
Down $67,750 (-100%) from 2020
Revenue
Up$399,411
Up $737,406 (+218%) from 2020
Expenses
Up$1,045,093
Up $576,087 (+123%) from 2020
Net Income
Up-$645,682
Up $161,319 (+20%) from 2020
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $492,009 | $447,711 | ▼ $44,298 |
| Intangible Assets | $548,629 | $400,496 | ▼ $148,133 |
| Investments Program Related | $250,060 | $150,060 | ▼ $100,000 |
| Accounts Receivable | $1,000 | $0 | ▼ $1,000 |
| Total Assets | $1,291,698 | $998,267 | ▼ $293,431 |
| Liabilities | |||
| Other Liabilities | $67,545 | $0 | ▼ $67,545 |
| Accounts Payable and Accrued Expenses | $205 | $0 | ▼ $205 |
| Total Liabilities | $67,750 | $0 | ▼ $67,750 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,223,948 | $998,267 | ▼ $225,681 |
| Total Net Assets Fund Balance | $1,223,948 | $998,267 | ▼ $225,681 |
| Total Liabilities and Net Assets / Fund Balance | $1,291,698 | $998,267 | ▼ $293,431 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $150,060 | - | - |
| Name | Title |
|---|---|
| Jesse Sullivan | CEO |
| Jessica Jackley | Secretary |
| Thomas Bird | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $999,192 |
| Other Expenses | $45,901 |
| Total Fundraising Expense | $3,190 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $999,192 | - | - | $999,192 |
| Fees for Services Other | $32,120 | $2,190 | $2,190 | $36,500 |
| Information Technology | $2,883 | $633 | $0 | $3,516 |
| Fees for Services Legal | $0 | $2,516 | $0 | $2,516 |
| Office Expenses | $1,166 | $256 | $0 | $1,422 |
| Other Expenses | $0 | $594 | $0 | $594 |
| Total Functional Expenses | $1,035,361 | $6,542 | $3,190 | $1,045,093 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Silicon Valley Community Foundation | Mountain View, CA | 501(c)(3) | General Nonprofit Support | - |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| South Asia | Investment | - | 0 | 0 | $105,060 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Paycheck Protection Program Loan | $0 |
“An independent cpa firm prepares the form 990 which is then reviewed by alter global's president and cheif of staff. A copy of teh form 99 is provided to the entire governing body prior to filing.”
“An interested party shall make appropriate disclosure of all maerial facts including the existence of any financial interest at any time that an actual or potnetial conflict of interest or ethical question arises. In addition, interested parties shall make an annual disclosure of ongoing relationships and interests that may present a conflict of interest.”
“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 the function. In all cases, any salaries received by officers' shall be reasonable and given in return for services actually rendered for the corporation. No salaried officer serviing as director shall be permitted to vote on his or her own 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 fincancial officer once such a person is hired, or upon any extension or renewal of such person's term of employment, or when such person's compensation is modified unless all employees are subject to the same modfiications of compensation.”
“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 the function. In all cases, any salaries received by officers' shall be reasonable and given in return for services actually rendered for the corporation. No salaried officer serviing as director shall be permitted to vote on his or her own 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 fincancial officer once such a person is hired, or upon any extension or renewal of such person's term of employment, or when such person's compensation is modified unless all employees are subject to the same modfiications of compensation.”
“The organization makes its governing documents, conflict of interest and financial statements available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 205 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1000 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO RELIEVE THE POOR BY SUPPORTING GLOBAL ENTREPRENEURSHIP |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JESSE SULLIVAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2179717047 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 18880 SUNNY ACRES ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PETERSBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 62675 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 492009 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 447711 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 67545 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 999192 |
| IRS990/CYInvestmentIncomeAmt | 0 | -100000 |
| IRS990/CYOtherExpensesAmt | 0 | 45901 |
| IRS990/CYOtherRevenueAmt | 0 | 431866 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -645682 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1045093 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 3190 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 399411 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | RELIEVE POVERTY AND REVERSE COMMUNITY RETERIORATION IN THE LEAST DEVELOPED COUNTRIES BY ENABALING LOCAL ENTREPRENUERS TO LEARN BUSINESS SKILLS, NECESSARY TO EXPAND THEIR BUSINESSES AND CREATE JOBS IN PLACES WHERE THEY ARE MOST NEEDED. ALTER MATCHES A SMALL NUMBER OF PROMISING ENTREPRENUERS IN THE LEAST DEVELOPED COUNTRIES WITH LOCAL AND GLOBAL BUSINESS EXPERTS, WHO WILL PROVIDE TRAINING, AND ADVICE THAT WILL PROMOTE THE SUCCESS OF THE ENTREPRENUERS AND THEIR BUSINESSES. ADDITIONALLY, ALTER GLOBAL'S COACHING PROGRAM PROVIDES IT'S PARTNER COMPANIES WITH ACCESS TO SILICON VALLEY-TRAINED EXECUTIVE COACHES. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1035361 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2516 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2516 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 2190 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 2190 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 32120 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 36500 |
| IRS990/ForeignActivitiesInd | 0 | true |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JESSE SULLIVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JESSICA JACKLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | THOMAS BIRD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -100000 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GovernmentGrantsAmt | 0 | 67545 |
| IRS990/GrantAmt | 0 | 999192 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 999192 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 999192 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 499411 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 633 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 2883 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3516 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 548629 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 400496 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 250060 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 150060 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 100000 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | ALTER GLOBAL IS CREATING A NETWORK OF ENTREPRENEURS ACROSS EMERGING MARKETS TO HELP ALLEVIATE GLOBAL POVERTY. ALTER FINDS THE BEST ENTREPRENEURS IN THESE DEVELOPING MARKETS AND PROVIDES THEM WITH ACCESS TO RESOURCES, INCLUDING CAPITAL, EXPERTISE AND TALENT, FROM SILICON VALLEY TO HELP THEM SCALE THEIR BUSINESS, GENERATE EMPLOYMENT AND PROVIDE CRITICAL CERVICES TO MILLIONS OF CONSUMERS. ALTER GLOBAL ALSO HELPS THESE ENTREPRENUERS CREATE ECOSYSTEMS OF SUSTANIABLE GROWTH BY BECOMING ROLE-MODELS FOR FUTURE GENERATIONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1223948 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 998267 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 0 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -100000 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -100000 |
| IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 420000 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1223948 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 998267 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 256 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1166 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1422 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK CHARGES |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 3 | UTILITIES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 1000 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 119 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 234 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 594 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 119 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 234 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 594 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 67545 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | GAIN ON CRYPTOCURRENCY |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 431866 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 431866 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 431866 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JESSE W SULLIVAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1125859 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | -1464854 |
| IRS990/PYOtherExpensesAmt | 0 | 120145 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1000 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -807001 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 348861 |
| IRS990/PYTotalExpensesAmt | 0 | 469006 |
| IRS990/PYTotalRevenueAmt | 0 | -337995 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -645682 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE FACTS AND CIRCUMSTANCES WHICH ESTABLISH THAT ALTERGLOBAL IS AN ORGANIZATION THAT IS PUBLICLY SUPPORTED ARE THE FOLLOWING: ALTER GLOBAL HAS NOT BEEN ABLE TO MEET THE 33-1/3 THRESHOLD FOR PUBLIC SUPPORT BECAUSE OF SIZEABLE DONATIONS FROM THREE TO HOUR DONORS WHO ARE NOE CONSIDERED EXCESS CONTRIBUTORS. AS A SMALL NON-PROFIT ALTER GLOBAL DID NOT INITIALLY EXPECT LARGE SUMS FROM SINGLE DONORS. THREE LARGE SUMS HAVETIPED THE SCALES SIGNIFICANTLY AFFECTING THE CALCULATIONS FOR "PUBLIC SUPPORT". THAT BEING SAID, THESE DONORS HAVE NO CONTROL, INFLUENCE, OR EXTRA TIES WHATSOEVER TO THIS ORGNAIZATION. THERE ARE NO DIRECTIVES, CONDITION, OR RESTRICTIONS IMPOSED BY THEIR CONTRIBUTIONS OTHER THAN THAT IT SERVES ALTER GLOBAL'S STATED MISSION. LASTLY, THESE DONORS DO NOT STAND TO BENEFIT DIRECTLY BY THE WORK THAT ALTER GLOBAL DOES. ALTER GLOBAL WAS FORTUNATE TO BE ABLE TO RAISE LARGE SUMS FROM THESE DONORS ESECIALLY CONSIDERING THE LIMITED RESOURCES, TIME, AND MANPOWER AVAILALBE. IT WAS ALSO UNSUAL TO RECEIVE CONTRIBUTIONS IN CRYPTOCUNRRENCY (BITCOIN AND RIPPLE) IN LARGE QUANTITIES, THE UNEPECTED GAIS FROM THEM BEING AN ANDDITIONAL SOURCE OF FUNDING. THESE FACTOS MADE IT SO THAT, IN ORDER TO CARRY OUT THE STATED MISION OF ALTER GLOBAL TO THE BEST OF ITS ABILITY, ALTER GLOBAL WAS GOING TO FOCUS MORE ON MAKING AN IMPACT WITH THE CONTRIBUTIONS RAHTER THAN USING HESE RESOURCES AS A MEANS OF FUNDRAISING FROM OTHERS. ALTER GLOBAL'S WORK AND THESE CONTRIBUTIONS HAVE BEEN MAXIMIZED IN AN EFFORT TO SUPPORT HIGH-CHARACTER ENTREPRENEURS IN EMERGING MARKETS AROUND THE WORLD. THESE ENTREPREENEURS HAVE BUILT BUSINESSES THAT HAVE CREATED THOUSANS OF JOBS THAT THEN CONTRIBUTE TO WORKER'S QUALITY OF LIFE AND BACK TO THEIR LOCAL ECONIMIES. AS A DIRECT EXAMPLE, A TRIP WAS MADE TO NIGERIA TO CREATE CONTENT FOR ONE OF THE FOUNDERS THAT WORKS WITH ALTER GLOBAL THERE, SHOLA AKINLADE FROM PAYSTACK. ALTER GLOBAL DESIRED TO AMPLIFY HIS WORK AND HELP BUILD A LARGER AUDIENCE FOR HIS BUSINESS. ONE OF TEH VIDEOS CREATED HAS AMASSED OVER 20,000 VIEWS AND POSITIVE MEDIA COVERAGE. THIS HELPED BUILD MOMENTUM WHICH HAS LED TO THE COMPANY BECOMING ONE OF THE MOST IMPACTFUL TECH VENTURES IN AFRICA. FURTHERMORE, ALTER GLOBAL BELIEVES IT IS PUBLICALLY SUPPORTED, AND IN TURN SUPPORTS THE PUBLIC DIRECLY THROUGH ITS ALTER FELLOWSHIP PROGRAM. A LARGE PORTION OF ALTER GLOBAL'S RESORUCES HAVE BEEN DIRECTED TOWARDS BUILDING OUT ITS FELLOWSHIP PROGRAM. BRIEFLY, THE FELLOWSHIP PROGRAM TAKES YOUNG PROFESSIONAL WHO BELEIVE IN ALTER GLOBAL'S MISSION AND PALCES THEM TO WORK DIRECTLY WITH THE VENTURES ALTER GLOBAL IS SUPPORTING. ALTER GLOBAL HAS PLACED 65 FELLOWS AT OVER 30 VENTURES ACROSS 20 EMERGING TECH CITIES. ALTER GLOBAL IS AT A POINT WHERE THIS MOMENTUM AND GROWTH HAS AFFORDED ALTER GLOBAL THE OPPORTUNITY TO REVAMP AND REENGAGE ITS PUBLIC FCING FUNDRAISING EFFORTS. WHILE ALTER GLOBAL HAS BECOME PRESTTY SELF-SUSTAINABLE WITH THE DONATIONS RAISED OBER THE LAST 5 YEARS, IT IS ALSO KNOWN THAT IN ORDER TO CREATE AN EVEN LARGER IMPACT, BOTH IN NAME AND ACTION, EXPANSION IS NEEDED FOR ALTER GLOBAL'S NETWORK AND REACH. THIS MEANS PUTTING MORE TIME AND RESOURCES BEHIND RAISING FROM OTHER DONORS WHICH WILL THEN ALSO ALLOW ALTER GLBOAL TO CONTINUE THE CALSE OF WORK IT IS DOING. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Pt II Ln 17a |
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| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | ALTER INVESTMENTS SPV |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Paycheck Protection Program Loan |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | South Asia |
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| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 0 | XRP CRYPTOCURRENCY |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | BY ACCEPTING THE GRANT, GRANTEES MUST AGEE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS, AND INCOME EARNED ON THSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES -INDIVIDUALLS CONNECTED WITH THE GRANT RECOMMENDATION WILL NOT RECEIVE ANY BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION - THE GRANT WILL BE USED SOLELY FOR THE PURPOSES SPECIFIED IN THE GRANT AWARD LETTER AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL - ANY FUNDS NOT USED FOR THE PURPSOES SPECIFIED IN THE AWARD LETTER WILL BE RETURNED TO THE ORGANIZATION - THE GRANTEE AND ORGANIZATION WILL PREIODICALLY DISCUSS THE UTILIZTATION OF THE GRANT AND THE GRANTEE WILL PROVIDE A WRITTEN UPDATE ON THE USE OF THE GRANTED FUNDS ONE YEAR FOLLOWING THE RECEIPT OF THE GRANT. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AN INDEPENDENT CPA FIRM PREPARES THE FORM 990 WHICH IS THEN REVIEWED BY ALTER GLOBAL'S PRESIDENT AND CHEIF OF STAFF. A COPY OF TEH FORM 99 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AN INTERESTED PARTY SHALL MAKE APPROPRIATE DISCLOSURE OF ALL MAERIAL FACTS INCLUDING THE EXISTENCE OF ANY FINANCIAL INTEREST AT ANY TIME THAT AN ACTUAL OR POTNETIAL CONFLICT OF INTEREST OR ETHICAL QUESTION ARISES. IN ADDITION, INTERESTED PARTIES SHALL MAKE AN ANNUAL DISCLOSURE OF ONGOING RELATIONSHIPS AND INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 THE FUNCTION. IN ALL CASES, ANY SALARIES RECEIVED BY OFFICERS' SHALL BE REASONABLE AND GIVEN IN RETURN FOR SERVICES ACTUALLY RENDERED FOR THE CORPORATION. NO SALARIED OFFICER SERVIING AS DIRECTOR SHALL BE PERMITTED TO VOTE ON HIS OR HER OWN 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 FINCANCIAL OFFICER ONCE SUCH A PERSON IS HIRED, OR UPON ANY EXTENSION OR RENEWAL OF SUCH PERSON'S TERM OF EMPLOYMENT, OR WHEN SUCH PERSON'S COMPENSATION IS MODIFIED UNLESS ALL EMPLOYEES ARE SUBJECT TO THE SAME MODFIICATIONS OF COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 THE FUNCTION. IN ALL CASES, ANY SALARIES RECEIVED BY OFFICERS' SHALL BE REASONABLE AND GIVEN IN RETURN FOR SERVICES ACTUALLY RENDERED FOR THE CORPORATION. NO SALARIED OFFICER SERVIING AS DIRECTOR SHALL BE PERMITTED TO VOTE ON HIS OR HER OWN 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 FINCANCIAL OFFICER ONCE SUCH A PERSON IS HIRED, OR UPON ANY EXTENSION OR RENEWAL OF SUCH PERSON'S TERM OF EMPLOYMENT, OR WHEN SUCH PERSON'S COMPENSATION IS MODIFIED UNLESS ALL EMPLOYEES ARE SUBJECT TO THE SAME MODFIICATIONS OF COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 19 |
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| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | Petersburg |
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JESSE W SULLIVAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7863767688 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.