Civic Intelligence

Alcovets Inc

EIN 82-5304445 • 501(c)3 • Graham, NC

Profile

We are dedicated to raising money to honor and assist local veterans of alamance county that are in need. This organization in its activities shall be non-partisan, non-sectional, non-sectarian and shall not take part in nor lend influence to the election or appointment of any candidates for state, county or any other public office. Alcovets, inc. Is a non-profit and shall operate exclusively for education and charitable purposes within the meaning of section 501(3) of the internal revenue code or the corresponding section of any future federal tax code.

PO Box 872Graham, NC 27253

www.alcovets.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

40th percentile

-10%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$319,576

Up $37,233 (+13%) from 2023

Liabilities

Down

$590

Down $2,131 (-78%) from 2023

Net Assets

Up

$318,986

Up $39,364 (+14%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin76th percentile

Revenue

Down

$179,169

Down $27,156 (-13%) from 2023

Expenses

Down

$139,805

Down $21,380 (-13%) from 2023

Net Income

Down

$39,364

Down $5,776 (-13%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2018: $18,525Liabilities 2018: $02018Assets 2019: $14,285Liabilities 2019: $7092019Assets 2020: $46,144Liabilities 2020: $02020Assets 2021: $124,900Liabilities 2021: $137Net Assets 2021: $124,7632021Assets 2022: $236,440Liabilities 2022: $1,958Net Assets 2022: $234,4822022Assets 2023: $282,343Liabilities 2023: $2,721Net Assets 2023: $279,6222023Assets 2024: $319,576Liabilities 2024: $590Net Assets 2024: $318,9862024

Highlighted filing

2024

Assets$319,576
Liabilities$590
Net Assets$318,986
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2018: $33,863Expenses 2018: $15,338Net Income 2018: $18,5252018Revenue 2019: $33,584Expenses 2019: $38,533Net Income 2019: -$4,9492019Revenue 2020: $33,996Expenses 2020: $1,428Net Income 2020: $32,5682020Revenue 2021: $129,224Expenses 2021: $50,605Net Income 2021: $78,6192021Revenue 2022: $223,263Expenses 2022: $113,544Net Income 2022: $109,7192022Revenue 2023: $206,325Expenses 2023: $161,185Net Income 2023: $45,1402023Revenue 2024: $179,169Expenses 2024: $139,805Net Income 2024: $39,3642024

Highlighted filing

2024

Revenue$179,169
Expenses$139,805
Net Income$39,364
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$319,576
Liabilities
$590
Net assets
$318,986
Revenue
$179,169
Expenses
$139,805
Net income
$39,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.20$0.01$3.19$1.79$1.40$0.39
2023Detailed filing. Detailed filing data is available for this year.$2.82$0.03$2.80$2.06$1.61$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.36$0.02$2.34$2.23$1.14$1.10
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.29$0.51$0.79
2020Summary only. Only limited summary data is available for this year.$0.46$0.00$0.34$0.01$0.33
2019Summary only. Only limited summary data is available for this year.$0.14$0.01$0.34$0.39$0.05
2018Summary only. Only limited summary data is available for this year.$0.19$0.00$0.34$0.15$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$200,008
Mission and Program Overview

Mission

We are dedicated to raising money to honor and assist local veterans of alamance county that are in need. This organization in its activities shall be non-partisan, non-sectional, non-sectarian and shall not take part in nor lend influence to the election or appointment of any candidates for state, county or any other public office. Alcovets, inc. Is a non-profit and shall operate exclusively for education and charitable purposes within the meaning of section 501(3) of the internal revenue code or the corresponding section of any future federal tax code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,797$193,358▲ $36,561
Land, Buildings, and Equipment, Net$125,546$123,713▼ $1,833
Other Notes and Loans Receivable, Net-$2,505-
Total Assets$282,343$319,576▲ $37,233
Liabilities
Accounts Payable and Accrued Expenses$2,721$590▼ $2,131
Total Liabilities$2,721$590▼ $2,131
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$279,622$318,986▲ $39,364
Total Net Assets Fund Balance$279,622$318,986▲ $39,364
Total Liabilities and Net Assets / Fund Balance$282,343$319,576▲ $37,233

Asset Categories

AssetBook ValueDepreciationBasis
Land$67,548-$67,548
Buildings$54,580$2,100$56,680
Leasehold Improvements$1,585$7,680$9,265
Equipment-$4,271$4,271
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
William G TalleyChairman
Richard ShevlinVice Chairma
Duane FloodDirector
James FletcherDirector
Jim ChristopherDirector
John HarringtonDirector
Joseph HarveyDirector
Larry BrooksDirector
Richard FisherDirector
Bobby ChinSecretary
Mary CardinaleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,159
Program Service Revenue
$0
Investment Income
$48
Other Revenue
$120,962
All Other Contributions
$57,663
Change in Net Assets
$39,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,841
Total Fundraising Expense$71,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$29,964--$29,964
Advertising$2,983-$12,090$15,073
Occupancy$3,974$5,867-$9,841
Insurance$2,027-$4,031$6,058
All Other Expenses$38$2,700$90$2,828
Other Expenses$16,598$2,071$3,463$2,071
Depreciation Depletion$1,833--$1,833
Total Functional Expenses$57,417$10,638$71,750$139,805
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$141,801
Fundraising Direct Expenses$20,839
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Balloon Festiva$104,633$104,633-$104,633
Raffles$37,168$37,168$20,839$16,329
Total Events$141,801$141,801$20,839$120,962
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-OwnerRentNo$4,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization receives dues from active members.”

Form 990, Page 6, Part VI, Line 11B

“Copies of the return are distributed to officers of the organization prior to submission.”

Form 990, Page 6, Part VI, Line 19

“Documents are provided upon written request from the public.”

Filing and Contact Details

Filer

Filer Name
Alcovets Inc
EIN
82-5304445
Phone
3369328387
Address
PO BOX 872, GRAHAM, NC 27253

Signing Officer

Name
William G Talley
Title
Chairman
Phone
3369328387
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William G Talley
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
297

Preparer

Firm
Cobb Ezekiel Loy & Company Pa
Address
POST OFFICE BOX 387, GRAHAM, NC 27253-0387
Preparer
Donald T Mcbane CPA
Phone
3362271495
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“We are dedicated to raising money to honor and assist local veterans of alamance county that are in need. This organization in its activities shall be non-partisan, non-sectional, non-sectarian and shall not take part in nor lend influence to the election or appointment of any candidates for state, county or any other public office. Alcovets, inc. Is a non-profit and shall operate exclusively for education and charitable purposes within the meaning of section 501(3) of the internal revenue code or the corresponding section of any future federal tax code.”

Raw XML Appendix386 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02721
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0590
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WE ARE DEDICATED TO RAISING MONEY TO HONOR AND ASSIST LOCAL VETERANS OF ALAMANCE COUNTY THAT ARE IN NEED. THIS ORGANIZATION IN ITS ACTIVITIES SHALL BE NON-PARTISAN, NON-SECTIONAL, NON-SECTARIAN AND SHALL NOT TAKE PART IN NOR LEND INFLUENCE TO THE ELECTION OR APPOINTMENT OF ANY CANDIDATES FOR STATE, COUNTY OR ANY OTHER PUBLIC OFFICE. ALCOVETS, INC. IS A NON-PROFIT AND SHALL OPERATE EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990/AdvertisingGrp/FundraisingAmt012090
IRS990/AdvertisingGrp/ProgramServicesAmt02983
IRS990/AdvertisingGrp/TotalAmt015073
IRS990/AllOtherContributionsAmt057663
IRS990/AllOtherExpensesGrp/FundraisingAmt090
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02700
IRS990/AllOtherExpensesGrp/ProgramServicesAmt038
IRS990/AllOtherExpensesGrp/TotalAmt02828
IRS990/BenefitsToMembersGrp/ProgramServicesAmt029964
IRS990/BenefitsToMembersGrp/TotalAmt029964
IRS990/BooksInCareOfDetail/PersonNm0JENNIFER L TALLEY
IRS990/BooksInCareOfDetail/PhoneNum03365161460
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 872
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027253
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0156797
IRS990/CashNonInterestBearingGrp/EOYAmt0193358
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt029964
IRS990/CYContributionsGrantsAmt058159
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048
IRS990/CYOtherExpensesAmt0109841
IRS990/CYOtherRevenueAmt0120962
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt039364
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0139805
IRS990/CYTotalFundraisingExpenseAmt071750
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0179169
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01833
IRS990/DepreciationDepletionGrp/TotalAmt01833
IRS990/Desc0PROVIDING OUTREACH AND HOSTING EVENTS TO EDUCATE THE PUBLIC ON THE NEEDS OF VETERANS AND TO HONOR THE VETERANS OF ALAMANCE COUNTY. WE STRIVE TO FIGHT FOR THOSE WHO FOUGHT FOR US.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt057417
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt016.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt325.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt56.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt76.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt911.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM G TALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD SHEVLIN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY CARDINALE
IRS990/Form990PartVIISectionAGrp/PersonNm3BOBBY CHIN
IRS990/Form990PartVIISectionAGrp/PersonNm4DUANE FLOOD
IRS990/Form990PartVIISectionAGrp/PersonNm5LARRY BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm7JIM CHRISTOPHER
IRS990/Form990PartVIISectionAGrp/PersonNm8RICHARD FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN HARRINGTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt020839
IRS990/FundraisingGrossIncomeAmt0141801
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0200008
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt04031
IRS990/InsuranceGrp/ProgramServicesAmt02027
IRS990/InsuranceGrp/TotalAmt06058
IRS990/InvestmentIncomeGrp/ExclusionAmt048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0125546
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0123713
IRS990/LandBldgEquipCostOrOtherBssAmt0137764
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0496
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WE ARE DEDICATED TO RAISING MONEY TO HONOR AND ASSIST LOCAL VETERANS OF ALAMANCE COUNTY THAT ARE IN NEED. THIS ORGANIZATION IN ITS ACTIVITIES SHALL BE NON-PARTISAN, NON-SECTIONAL, NON-SECTARIAN AND SHALL NOT TAKE PART IN NOR LEND INFLUENCE TO THE ELECTION OR APPOINTMENT OF ANY CANDIDATES FOR STATE, COUNTY OR ANY OTHER PUBLIC OFFICE. ALCOVETS, INC. IS A NON-PROFIT AND SHALL OPERATE EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0279622
IRS990/NetAssetsOrFundBalancesEOYAmt0318986
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0120962
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0279622
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0318986
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05867
IRS990/OccupancyGrp/ProgramServicesAmt03974
IRS990/OccupancyGrp/TotalAmt09841
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSE
IRS990/OtherExpensesGrp/Desc1EVENT FEES
IRS990/OtherExpensesGrp/Desc2MERCHANT DEPOSIT FEES
IRS990/OtherExpensesGrp/Desc3TRAVEL EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt052076
IRS990/OtherExpensesGrp/FundraisingAmt13463
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02071
IRS990/OtherExpensesGrp/ProgramServicesAmt016598
IRS990/OtherExpensesGrp/TotalAmt052076
IRS990/OtherExpensesGrp/TotalAmt116598
IRS990/OtherExpensesGrp/TotalAmt23463
IRS990/OtherExpensesGrp/TotalAmt32071
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02505
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WILLIAM G TALLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt08803
IRS990/PYContributionsGrantsAmt048472
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt071
IRS990/PYOtherExpensesAmt0152382
IRS990/PYOtherRevenueAmt0155582
IRS990/PYProgramServiceRevenueAmt02200
IRS990/PYRevenuesLessExpensesAmt045140
IRS990/PYTotalExpensesAmt0161185
IRS990/PYTotalRevenueAmt0206325
IRS990/ReconcilationRevenueExpnssAmt039364
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt058159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0316055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt083
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0479259
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92580
IRS990ScheduleA/PublicSupportPY170Pct00.87190
IRS990ScheduleA/PublicSupportTotal170Amt0316055
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt058159
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102356
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08146
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0316055
IRS990ScheduleA/TotalSupportAmt0341381
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt025243
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt025243
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt054580
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02100
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt056680
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04271
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04271
IRS990ScheduleD/LandGrp/BookValueAmt067548
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067548
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01585
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07680
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09265
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0123713
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020839
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BALLOON FESTIVA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RAFFLES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0104633
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt037168
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0141801
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0104633
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt037168
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0141801
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0120962
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020839
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt020839
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0COURT SQUARE DEVELOPMENT LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt04200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE ARE DEDICATED TO RAISING MONEY TO HONOR AND ASSIST LOCAL VETERANS OF ALAMANCE COUNTY THAT ARE IN NEED. THIS ORGANIZATION IN ITS ACTIVITIES SHALL BE NON-PARTISAN, NON-SECTIONAL, NON-SECTARIAN AND SHALL NOT TAKE PART IN NOR LEND INFLUENCE TO THE ELECTION OR APPOINTMENT OF ANY CANDIDATES FOR STATE, COUNTY OR ANY OTHER PUBLIC OFFICE. ALCOVETS, INC. IS A NON-PROFIT AND SHALL OPERATE EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES DUES FROM ACTIVE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE RETURN ARE DISTRIBUTED TO OFFICERS OF THE ORGANIZATION PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE PROVIDED UPON WRITTEN REQUEST FROM THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0282343
IRS990/TotalAssetsEOYAmt0319576
IRS990/TotalAssetsGrp/BOYAmt0282343
IRS990/TotalAssetsGrp/EOYAmt0319576
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt058159
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt071750
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010638
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt057417
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139805
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02721
IRS990/TotalLiabilitiesEOYAmt0590
IRS990/TotalLiabilitiesGrp/BOYAmt02721
IRS990/TotalLiabilitiesGrp/EOYAmt0590
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0279622
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0318986
IRS990/TotalProgramServiceExpensesAmt057417
IRS990/TotalRevenueGrp/ExclusionAmt048
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179169
IRS990/TotalVolunteersCnt0297
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0282343
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0319576
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 872
IRS990/USAddress/CityNm0GRAHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027253
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.ALCOVETS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM G TALLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03369328387
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALCOVETS INC
ReturnHeader/Filer/BusinessNameControlTxt0ALCO
ReturnHeader/Filer/EIN0825304445
ReturnHeader/Filer/PhoneNum03369328387
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 872
ReturnHeader/Filer/USAddress/CityNm0GRAHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027253
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561104897
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COBB EZEKIEL LOY & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POST OFFICE BOX 387
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0272530387
ReturnHeader/PreparerPersonGrp/PhoneNum03362271495
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD T MCBANE CPA
ReturnHeader/ReturnTs02025-11-17T15:58:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.