Liabilities / Assets
31st percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
53rd percentile
Higher top officer pay than 53% of similar nonprofits.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$575,587
Down $422,680 (-42%) from 2021
Net Assets
Down$575,587
Down $422,680 (-42%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Down$0
Down $399,411 (-100%) from 2021
Expenses
Down$5,329
Down $1,039,764 (-99%) from 2021
Net Income
Up-$5,329
Up $640,353 (+99%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $0
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Intangible Assets | $400,496 | $403,145 | ▲ $2,649 |
| Investments Program Related | $150,060 | $150,060 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $447,711 | $22,382 | ▼ $425,329 |
| Accounts Receivable | $0 | $0 | → $0 |
| Total Assets | $998,267 | $575,587 | ▼ $422,680 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | - | - |
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $998,267 | $575,587 | ▼ $422,680 |
| Total Net Assets Fund Balance | $998,267 | $575,587 | ▼ $422,680 |
| Total Liabilities and Net Assets / Fund Balance | $998,267 | $575,587 | ▼ $422,680 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $150,060 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Jesse Sullivan | CEO, Treasurer & Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $0
- Change in Net Assets
- $-5,329
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $5,329 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Legal | $0 | $3,688 | $0 | $3,688 |
| Fees for Services Accounting | $0 | $1,263 | $0 | $1,263 |
| Office Expenses | $0 | $365 | $0 | $365 |
| Other Expenses | $0 | $13 | $0 | $13 |
| Total Functional Expenses | $0 | $5,329 | $0 | $5,329 |
International Activity
International Summary
- Offices
- 0
- Employees
- 0
- Spending
- $150,060
International Compliance
- Activity in boycott countries
- No
- Foreign corporation ownership
- Yes
- Foreign partnership interest
- No
- Interest in foreign trust
- No
- Passive foreign investment company interest
- No
- Transfers to foreign corporations
- No
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| South Asia | Investment | - | 0 | 0 | $150,060 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- Yes
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- 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
- 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
Filing and Contact Details
Filer
- Filer Name
- Alter Global
- EIN
- 47-5297199
- Phone
- 7863767688
- Address
- 18880 SUNNY ACRES ROAD, PETERSBURG, IL 62675
Signing Officer
- Name
- Jesse W Sullivan
- Title
- CEO
- Phone
- 7863767688
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jesse W Sullivan
- Formed
- 2015
- Legal Domicile
- Il
- Voting Board Members
- 1
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Pieczonka Law LLC
- Address
- 617 Devon Ave, Park Ridge, IL 60068
- Preparer
- Michael R Pieczonka
- Phone
- 8475028404
Supplemental Narrative
Additional Explanations
Pt VI, Line 11B
“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 990 is provided to the entire governing body prior to filing.”
Pt VI, Line 12C
“An interested party shall make appropriate disclosure of all material 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.”
Pt VI, Line 15A
“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 serving 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 financial 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 modifications of compensation.”
Pt VI, Line 15B
“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 financial 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.”
Pt VI, Line 19
“The organization makes its governing documents, conflict of interest and financial statements available to the public upon request.”
Raw XML Appendix328 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.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| 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/AllOtherContributionsAmt | 0 | 0 |
| 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 | 447711 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 22382 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| 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/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 5329 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -5329 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 5329 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 0 |
| 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 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1263 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1263 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 3688 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3688 |
| IRS990/ForeignActivitiesInd | 0 | true |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JESSE SULLIVAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO, TREASURER & SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 1 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 400496 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 403145 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 150060 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 150060 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| 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/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| 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 SERVICES 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 | 998267 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 575587 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -417351 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 998267 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 575587 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 365 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 365 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK CHARGES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 13 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| 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 | 67545 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 999192 |
| IRS990/PYInvestmentIncomeAmt | 0 | -100000 |
| IRS990/PYOtherExpensesAmt | 0 | 45901 |
| IRS990/PYOtherRevenueAmt | 0 | 431866 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -645682 |
| IRS990/PYTotalExpensesAmt | 0 | 1045093 |
| IRS990/PYTotalRevenueAmt | 0 | 399411 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -5329 |
| 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 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE FACTS AND CIRCUMSTANCES WHICH ESTABLISH THAT ALTER GLOBAL 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 FOUR DONORS WHO ARE NOW CONSIDERED EXCESS CONTRIBUTORS. AS A SMALL NON-PROFIT, ALTER GLOBAL DID NOT INITIALLY EXPECT LARGE SUMS FROM SINGLE DONORS. THREE LARGE SUMS HAVE TIPED 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 ESPECIALLY CONSIDERING THE LIMITED RESOURCES, TIME, AND MANPOWER AVAILALBE. IT WAS ALSO UNSUAL TO RECEIVE CONTRIBUTIONS IN CRYPTOCUNRRENCY (BITCOIN AND RIPPLE) IN LARGE QUANTITIES, THE UNEXPECTED GAINS FROM THEM BEING AN ADDITIONAL SOURCE OF FUNDING. THESE FACTORS MADE IT SO THAT, IN ORDER TO CARRY OUT THE STATED MISSION OF ALTER GLOBAL TO THE BEST OF ITS ABILITY, ALTER GLOBAL WAS GOING TO FOCUS MORE ON MAKING AN IMPACT WITH THE CONTRIBUTIONS RATHER THAN USING THESE 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 ENTREPRENEURS HAVE BUILT BUSINESSES THAT HAVE CREATED THOUSANDS 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 THE 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 FACING FUNDRAISING EFFORTS. WHILE ALTER GLOBAL HAS BECOME PRETTY 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 TO SCALE THE WORK IT IS DOING. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Pt II Ln 17a |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 67545 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1125859 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 125367 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4150513 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5469284 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.13750 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.16820 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 752235 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 4717049 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 67545 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1125859 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 125367 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4150513 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5469284 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5469284 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 150060 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | ALTER SPV 1, LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 150060 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 150060 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | South Asia |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | INVESTMENT |
| IRS990ScheduleF/BoycottCountriesInd | 0 | false |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | true |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | false |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | false |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | false |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 150060 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | ALTER HAS PURCHASED CONVERTIBLE DEBT AND MINORITY OWNERSHIP INTEREST IN FOREIGN CORPORATION IN PREVIOUS YEARS. THE EXPENDITURE AMOUNT SHOWN IN THIS SCHEDULE REFERS TO ALL EXPENDITURES OUTSIDE THE UNDITED STATE AS OF END OF THIS TAX YEAR, AND ARE VALUED AT THE COST METHOD OF ACCOUNTING. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 3 Col (F) |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 150060 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| 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 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AN INTERESTED PARTY SHALL MAKE APPROPRIATE DISCLOSURE OF ALL MATERIAL 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 SERVING 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 FINANCIAL 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 MODIFICATIONS 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 FINANCIAL 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| 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 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | ALTER GLOBAL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | ALTER SPV 1 LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | DE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | RELIEVE THE POOR |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | 18880 SUNNY ACRES ROAD |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | PETERSBURG |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 62675 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 998267 |
| IRS990/TotalAssetsEOYAmt | 0 | 575587 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 998267 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 575587 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 5329 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 5329 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 998267 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 575587 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 998267 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 575587 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 18880 Sunny Acres Road |
| IRS990/USAddress/CityNm | 0 | Petersburg |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 62675 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 1 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JESSE W SULLIVAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7863767688 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALTER GLOBAL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALTE |
| ReturnHeader/Filer/EIN | 0 | 475297199 |
| ReturnHeader/Filer/PhoneNum | 0 | 7863767688 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 18880 SUNNY ACRES ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PETERSBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 62675 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 842318546 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Pieczonka Law LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 617 Devon Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Park Ridge |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60068 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8475028404 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL R PIECZONKA |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T15:26:15-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JESSE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SULLIVAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $575,587
- Liabilities
- $0
- Net assets
- $575,587
- Revenue
- $0
- Expenses
- $5,329
- Net income
- -$5,329