Civic Intelligence

Alden Charitable Foundation Inc.

990 • Fiscal year 2023 • EIN 83-1120873

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 19, 2024

2496 Boston Post RoadGuilford, CT 06437

(203) 533-5867

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

85th percentile

35%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,005,343

Up $786,533 (+35%) from 2022

Net Assets

Up

$3,005,343

Up $786,533 (+35%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$2,148,386

Down $441,580 (-17%) from 2022

Expenses

Down

$1,361,853

Down $442,178 (-25%) from 2022

Net Income

Up

$786,533

Up $598 (+0.1%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $11,214Liabilities 2019: $5,136Net Assets 2019: $6,0782019Assets 2020: $779,143Liabilities 2020: $0Net Assets 2020: $779,1432020Assets 2021: $1,432,875Liabilities 2021: $0Net Assets 2021: $1,432,8752021Assets 2022: $2,218,810Liabilities 2022: $0Net Assets 2022: $2,218,8102022Assets 2023: $3,005,343Liabilities 2023: $0Net Assets 2023: $3,005,3432023Assets 2024: $3,570,925Liabilities 2024: $0Net Assets 2024: $3,570,9252024

Highlighted filing

2023

Assets$3,005,343
Liabilities$0
Net Assets$3,005,343

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2019: $669,859Expenses 2019: $663,781Net Income 2019: $6,0782019Revenue 2020: $1,662,778Expenses 2020: $889,713Net Income 2020: $773,0652020Revenue 2021: $1,622,574Expenses 2021: $968,842Net Income 2021: $653,7322021Revenue 2022: $2,589,966Expenses 2022: $1,804,031Net Income 2022: $785,9352022Revenue 2023: $2,148,386Expenses 2023: $1,361,853Net Income 2023: $786,5332023Revenue 2024: $2,523,430Expenses 2024: $1,957,848Net Income 2024: $565,5822024

Highlighted filing

2023

Revenue$2,148,386
Expenses$1,361,853
Net Income$786,533
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 19, 2024
Return Version
2023v5.1
Gross Receipts
$2,169,904
Mission and Program Overview

Mission

To cultivate, promote and develop understanding of and public interest in theatre, dance, music and the performing arts and to produce and present public performances in each of the above fields

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,218,810$3,005,343▲ $786,533
Investments in Publicly Traded Securities$1,613,428$2,491,162▲ $877,734
Savings and Temporary Cash Investments$477,378$302,117▼ $175,261
Cash and Non-Interest-Bearing Accounts$128,004$161,064▲ $33,060
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,218,810$3,005,343▲ $786,533
Other Assets Total$0$51,000▲ $51,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,218,810$3,005,343▲ $786,533
Total Liabilities and Net Assets / Fund Balance$2,218,810$3,005,343▲ $786,533
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian AldenPresident/director
Dawn ShawSecretary/ Director
Robert CriscuoloTreasurer/ Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,095,400
Investment Income
$52,986
Other Revenue
$0
Change in Net Assets
$786,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,071,253
Grants and Similar Amounts Paid$290,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$290,600--$290,600
Advertising$40,071--$40,071
Insurance$7,389--$7,389
Other Expenses$6,732--$6,732
Fees for Services Accounting-$4,900-$4,900
Royalties$3,559--$3,559
Fees for Service Investment Mgmnt Fees-$513-$513
All Other Expenses-$61-$61
Total Functional Expenses$1,356,379$5,474$0$1,361,853
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Notre Dame High SchoolWest Haven, CT501(c)(3)Program Support$70,000
Vizcaya Museum & Gardens Trust IncMiami, FL501(c)(3)Program Support$40,600
Sacred Heart Academy IncHamden, CT501(c)(3)Program Support$25,000
St Martin De Porres AcademyNew Haven, CT501(c)(3)Program Support$20,000
Fairchild Tropical Botanic Garden IncCoral Gables, FL501(c)(3)Program Support$15,000
ISLAND FOOD PANTRY OF MARTHA'S VINEYARD INCVineyard Haven, ME501(c)(3)Program Support-festival of Laughs$15,000
African American Cultural Collaborative of Mercer CountyTrenton, NJ501(c)(3)Program Support$10,000
Marthas Vineyard Boys and Gils Club IncorporatedEdgartown, MA501(c)(3)Festival of Laughs$10,000
Mercy High SchoolMiddletown, CT501(c)(3)Program Support$10,000
Prevent Child Abuse AmericaChicago, IL501(c)(3)Program Support$10,000
The Young Scholars Institute IncTrenton, NJ-Program Support$10,000
Timbuk2 AcademyWest Trenton, NJ-Program Support$10,000
Sali Marthas Vineyard IncVineyard Haven, MA501(c)(3)Program Support$7,800
MARTHA'S VINEYARD REGIONAL HIGH SCHOOLOak Bluffs, MA-Program Support$7,200
Big Brothers Big Sisters of Eastern Massachusetts IncBoston, MA501(c)(3)Program Support$5,000
MARTHA'S VINEYARD AGRICULTURAL SOCIETYWest Tisbury, MA501(c)(3)Program Support$5,000
Marthas Vineyard Museum IncVineyard Haven, MA501(c)(3)Program Support$5,000
Marthas Vineyard Preservation Trust IncEdgartown, MA501(c)(3)Program Support$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section A, Line 8B

The organization has no such committees with authority to act on behalf of the governing body

Form 990, Part VI, Section B, Line 11B

A copy of the return is provided to each director for review either through email or review at organization office

Form 990, Part VI, Section C, Line 19

At this time organizational information can be obtained by contacting the the office. Information will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Alden Charitable Foundation Inc
EIN
83-1120873
Phone
2035335867
Address
2496 BOSTON POST ROAD, GUILFORD, CT 06437

Signing Officer

Name
Brian Alden
Title
President
Phone
2035335867
Signed
2024-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Alden
Formed
2018
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Fred J Criscuolo & Co Pc
Address
3013 DIXWELL AVENUE, HAMDEN, CT 06518
Preparer
Robert W Criscuolo CPA
Phone
2032816166
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization records its books and records on the modified cash basis of accounting

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IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt160
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2PROGRAM SUPPORT-FESTIVAL OF LAUGHS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11FESTIVAL OF LAUGHS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FAIRCHILD TROPICAL BOTANIC GARDEN INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ISLAND FOOD PANTRY OF MARTHA'S VINEYARD INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MARTHA'S VINEYARD AGRICULTURAL SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MARTHAS VINEYARD PRESERVATION TRUST INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5MERCY HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6NOTRE DAME HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7SACRED HEART ACADEMY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8ST MARTIN DE PORRES ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9VIZCAYA MUSEUM & GARDENS TRUST INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10AFRICAN AMERICAN CULTURAL COLLABORATIVE OF MERCER COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11MARTHAS VINEYARD BOYS AND GILS CLUB INCORPORATED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12MARTHAS VINEYARD MUSEUM INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13PREVENT CHILD ABUSE AMERICA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14SALI MARTHAS VINEYARD INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15THE YOUNG SCHOLARS INSTITUTE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16MARTHA'S VINEYARD REGIONAL HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17TIMBUK2 ACADEMY
IRS990ScheduleI/RecipientTable/RecipientEIN0042074462
IRS990ScheduleI/RecipientTable/RecipientEIN1590668480
IRS990ScheduleI/RecipientTable/RecipientEIN2823476772
IRS990ScheduleI/RecipientTable/RecipientEIN3046112356
IRS990ScheduleI/RecipientTable/RecipientEIN4046387676
IRS990ScheduleI/RecipientTable/RecipientEIN5060790567
IRS990ScheduleI/RecipientTable/RecipientEIN6222566751
IRS990ScheduleI/RecipientTable/RecipientEIN7061271712
IRS990ScheduleI/RecipientTable/RecipientEIN8810666655
IRS990ScheduleI/RecipientTable/RecipientEIN9471711491
IRS990ScheduleI/RecipientTable/RecipientEIN10472589424
IRS990ScheduleI/RecipientTable/RecipientEIN11042104167
IRS990ScheduleI/RecipientTable/RecipientEIN12042160642
IRS990ScheduleI/RecipientTable/RecipientEIN13237235671
IRS990ScheduleI/RecipientTable/RecipientEIN14223240911
IRS990ScheduleI/RecipientTable/RecipientEIN15223051022
IRS990ScheduleI/RecipientTable/RecipientEIN16046006142
IRS990ScheduleI/RecipientTable/RecipientEIN17464219127
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0184 HIGH STREET 3RD FL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110901 OLD CUTLER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 1874
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 73
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 5277
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51740 RANDOLPH ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61 NOTRE DAME WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7265 BENHAM STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8208 COLUMBUS AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt93251 SOUTH MIAMI AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10247 EAST FRONT ST 215
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11PO BOX 654
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12151 LAGOON POND ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1333 N DEARBORN ST SUITE 2300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14151 BEACH RD UNIT 2C
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15349 WEST STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16PO BOX 1385
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1755 GRAND AVE 77047
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CORAL GABLES
IRS990ScheduleI/RecipientTable/USAddress/CityNm2VINEYARD HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm3WEST TISBURY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4EDGARTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MIDDLETOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm6WEST HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm7HAMDEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm8NEW HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm9MIAMI
IRS990ScheduleI/RecipientTable/USAddress/CityNm10TRENTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm11EDGARTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm12VINEYARD HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm13CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm14VINEYARD HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm15TRENTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm16OAK BLUFFS
IRS990ScheduleI/RecipientTable/USAddress/CityNm17WEST TRENTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2ME
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10NJ

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