Civic Intelligence

Alpfa Foundation Inc.

990 • Fiscal year 2020 • EIN 86-1118036

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 28, 2021

1717 W 6th Street No 410Austin, TX 78703

(855) 692-5732

Siviq Scores

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

Liabilities / Assets

80th percentile

0.20x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

51st percentile

6.0%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

100th percentile

$394,815

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 97.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

188%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$254,361

Up $29,569 (+13%) from 2019

Net Assets

Up

$204,383

Up $24,062 (+13%) from 2019

Liabilities

Up

$49,978

Up $5,507 (+12%) from 2019

Revenue

Up

$403,994

Up $263,600 (+188%) from 2019

Expenses

Up

$379,932

Up $270,017 (+246%) from 2019

Net Income

Down

$24,062

Down $6,417 (-21%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $161,627Liabilities 2010: $0Net Assets 2010: $161,6272010Assets 2011: $177,343Liabilities 2011: $13,000Net Assets 2011: $164,3432011Assets 2012: $166,373Liabilities 2012: $0Net Assets 2012: $166,3732012Assets 2013: $227,730Liabilities 2013: $37,500Net Assets 2013: $190,2302013Assets 2014: $233,567Liabilities 2014: $152,600Net Assets 2014: $80,9672014Assets 2015: $112,994Liabilities 2015: $0Net Assets 2015: $112,9942015Assets 2016: $109,117Liabilities 2016: $9,5302016Assets 2017: $173,411Liabilities 2017: $34,9102017Assets 2018: $157,717Liabilities 2018: $7,875Net Assets 2018: $149,8422018Assets 2019: $224,792Liabilities 2019: $44,471Net Assets 2019: $180,3212019Assets 2020: $254,361Liabilities 2020: $49,978Net Assets 2020: $204,3832020Assets 2021: $639,234Liabilities 2021: $165,890Net Assets 2021: $473,3442021Assets 2022: $2,252,769Liabilities 2022: $1,241,444Net Assets 2022: $1,011,3252022Assets 2023: $6,007,352Liabilities 2023: $2,847,977Net Assets 2023: $3,159,3752023Assets 2024: $7,159,004Liabilities 2024: $3,117,171Net Assets 2024: $4,041,8332024

Highlighted filing

2020

Assets$254,361
Liabilities$49,978
Net Assets$204,383

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $70,938Expenses 2010: $110,028Net Income 2010: -$39,0902010Revenue 2011: $126,315Expenses 2011: $124,960Net Income 2011: $1,3552011Revenue 2012: $103,003Expenses 2012: $103,061Net Income 2012: -$582012Revenue 2013: $138,756Expenses 2013: $114,899Net Income 2013: $23,8572013Revenue 2014: $33,200Expenses 2014: $115,762Net Income 2014: -$82,5622014Revenue 2015: $50,105Expenses 2015: $18,078Net Income 2015: $32,0272015Revenue 2016: $140,334Expenses 2016: $95,038Net Income 2016: $45,2962016Revenue 2017: $154,447Expenses 2017: $115,533Net Income 2017: $38,9142017Revenue 2018: $171,178Expenses 2018: $159,837Net Income 2018: $11,3412018Revenue 2019: $140,394Expenses 2019: $109,915Net Income 2019: $30,4792019Revenue 2020: $403,994Expenses 2020: $379,932Net Income 2020: $24,0622020Revenue 2021: $957,412Expenses 2021: $688,451Net Income 2021: $268,9612021Revenue 2022: $1,419,873Expenses 2022: $731,892Net Income 2022: $687,9812022Revenue 2023: $10,875,770Expenses 2023: $8,727,720Net Income 2023: $2,148,0502023Revenue 2024: $13,178,577Expenses 2024: $12,323,867Net Income 2024: $854,7102024

Highlighted filing

2020

Revenue$403,994
Expenses$379,932
Net Income$24,062
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 28, 2021
Return Version
2020v4.1
Gross Receipts
$403,994
Mission and Program Overview

Mission

Granting of scholarships to qualified accounting and business students

Granting of scholarships to qualified accounting and business students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,061$131,245▲ $92,184
Prepaid Expenses and Deferred Charges$1,557$7,247▲ $5,690
Total Assets$224,792$254,361▲ $29,569
Other Assets Total$184,174$115,869▼ $68,305
Liabilities
Deferred Revenue$44,471$49,939▲ $5,468
Accounts Payable and Accrued Expenses$0$39▲ $39
Total Liabilities$44,471$49,978▲ $5,507
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,321$204,383▲ $24,062
Total Net Assets Fund Balance$180,321$204,383▲ $24,062
Total Liabilities and Net Assets / Fund Balance$224,792$254,361▲ $29,569

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$115,869--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel VillaoChair
Tracy Laflamme OrtegaImmediate Past Chair (thru 5/2020)
Ixchell DuarteVice Chair
Damian RiveraCEO
Marcela Aldaz MatosSecretary
Aracely GodinezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$403,983
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$0
All Other Contributions
$403,983
Change in Net Assets
$24,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$403,983
Revenue Not Reported on Financial Statements
$11
Revenue Not Reported on Form 990
$91,026
Other Revenue Adjustments
$11
Total Revenue per Audited Statements
$495,009
Total Revenue per Form 990
$403,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$340,500
Other Expenses$39,432
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$328,500--$328,500
Fees for Services Other-$25,324-$25,324
Insurance-$12,470-$12,470
Grants to Domestic Orgs$12,000--$12,000
Other Expenses-$1,638-$1,638
Total Functional Expenses$340,500$39,432$0$379,932

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$470,947
Total Expenses per Form 990$379,932
Expenses per Audited Statements$379,921
Expenses Not Reported on Form 990$91,026
Expenses Not Reported on Financial Statements$11
Other Expense Adjustments$11
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by management and the audit commitee, then the form 990 is made available for review to all members of the governing body prior to submission.

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

The board of trustees meets regularly to review and monitor the foundation's activities. All board members are covered by the conflict of interest policy. Board members shall submit a signed conflict of interest disclosure annually to the board. If a conflict arises, the member with a conflict of interest will recuse themselves from the decision making process and voting on transactions. There have been no incidences of any conflict in 2020.

Form 990, Part VI, Section B, Line 15

Alpfa foundation, inc. (the "foundation") has no employees and all work is done by its related party alpfa, inc. (the "association"). Board member damien rivera is not paid compensation by the foundation. The compensation reported in form 990, part vii, section a is from his role as ceo of the association in his role as ceo of the association. His compensation is approved by the association's board after review by an independent compensation committee including analysis of comparability data.

Form 990, Part VI, Section C, Line 19

All governing documents are available for viewing on the organization's website. Policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Alpfa Foundation Inc
EIN
86-1118036
Phone
8556925732
Address
1717 W 6TH STREET NO 410, AUSTIN, TX 78703

Signing Officer

Name
Selene Benavides
Title
CFO
Phone
8556925732
Signed
2021-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damian Rivera
Formed
2004
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Moss Adams Llp
Address
4747 EXECUTIVE DRIVE SUITE 1300, SAN DIEGO, CA 92121
Preparer
Jane Coleman
Phone
8586271400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation operates as a nonprofit public benefit corporation under section 501(c)(3) of the internal revenue code and section 23701(d) of the revenues and taxation code of the state of california and, generally, is exempt from federal and state income taxes. Accordingly, no provision for income taxes is included in these financial statements. The foundation has evaluated the financial statement impact of tax positions taken or expected to be taken in its tax returns. Management has determined that no tax liabilities need to be recorded under applicable accounting guidance for the years ended december 31, 2020 and 2019.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment income reclassification

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment income reclassification

Raw XML AppendixShowing 400 of 430 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt039
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0GRANTING OF SCHOLARSHIPS TO QUALIFIED ACCOUNTING AND BUSINESS STUDENTS.
IRS990/AllOtherContributionsAmt0403983
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAMIAN RIVERA
IRS990/BooksInCareOfDetail/PhoneNum06462426322
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01717 W 6TH STREET STE 410
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078703
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt039061
IRS990/CashNonInterestBearingGrp/EOYAmt0131245
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0403983
IRS990/CYGrantsAndSimilarPaidAmt0340500
IRS990/CYInvestmentIncomeAmt011
IRS990/CYOtherExpensesAmt039432
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt024062
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0379932
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0403994
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt044471
IRS990/DeferredRevenueGrp/EOYAmt049939
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANTING OF SCHOLARSHIPS TO QUALIFIED ACCOUNTING AND BUSINESS STUDENTS AND PROVIDING NETWORK, MENTORING AND EDUCATIONAL PROGRAMS TO STUDENTS AND PROFESSIONALS AT ALL CAREER LEVELS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0340500
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025324
IRS990/FeesForServicesOtherGrp/TotalAmt025324
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt043681
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DAMIAN RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL VILLAO
IRS990/Form990PartVIISectionAGrp/PersonNm2IXCHELL DUARTE
IRS990/Form990PartVIISectionAGrp/PersonNm3ARACELY GODINEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4MARCELA ALDAZ MATOS
IRS990/Form990PartVIISectionAGrp/PersonNm5TRACY LAFLAMME ORTEGA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0351134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PAST CHAIR (THRU 5/2020)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0340500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0328500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0328500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0403994
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012470
IRS990/InsuranceGrp/TotalAmt012470
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GRANTING OF SCHOLARSHIPS TO QUALIFIED ACCOUNTING AND BUSINESS STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0180321
IRS990/NetAssetsOrFundBalancesEOYAmt0204383
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0180321
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0204383
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0184174
IRS990/OtherAssetsTotalGrp/EOYAmt0115869
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK & CREDIT CARD CHAR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01638
IRS990/OtherExpensesGrp/TotalAmt01638
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01557
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07247
IRS990/PrincipalOfficerNm0DAMIAN RIVERA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt024062
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0403983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0171176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0154444
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0139730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01009724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0600
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63670
IRS990ScheduleA/PublicSupportPY170Pct00.60970
IRS990ScheduleA/PublicSupportTotal170Amt0642869
IRS990ScheduleA/SubstantialContributorsTotAmt0366855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0403983
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0171176
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0154444
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0139730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01009724
IRS990ScheduleA/TotalSupportAmt01009747
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/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt091026
IRS990ScheduleD/DonatedServicesUseFcltsAmt091026
IRS990ScheduleD/ExpensesNotReportedAmt091026
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011
IRS990ScheduleD/ExpensesSubtotalAmt0379921
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0115869
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTY
IRS990ScheduleD/OtherExpensesNotIncludedAmt011
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011
IRS990ScheduleD/RevenueNotReportedAmt091026
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011
IRS990ScheduleD/RevenueSubtotalAmt0403983
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUES AND TAXATION CODE OF THE STATE OF CALIFORNIA AND, GENERALLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION HAS EVALUATED THE FINANCIAL STATEMENT IMPACT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS. MANAGEMENT HAS DETERMINED THAT NO TAX LIABILITIES NEED TO BE RECORDED UNDER APPLICABLE ACCOUNTING GUIDANCE FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INVESTMENT INCOME RECLASSIFICATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT INCOME RECLASSIFICATION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0115869
IRS990ScheduleD/TotalExpensesPerForm990Amt0379932
IRS990ScheduleD/TotalRevenuePerForm990Amt0403994
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0495009
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0470947
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0240500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt188000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FELLOWSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt073
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt144
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION AWARDS SCHOLARSHIPS TO INDIVIDUAL STUDENTS TO OFFSET THE COST OF TUITION, FEES, AND ROOM AND BOARD. THE FOUNDATION ALSO AWARDS FELLOWSHIPS TO UNIVERSITIES AND INDIVIDUAL STUDENTS TO BUILD SKILLS CRITICAL TO SUCCESS IN THE WORKFORCE. GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS AND MONITORED BY THE FOUNDATION'S ACCOUNTING DEPARTMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt065000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0286044
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010728
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt032953
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt090
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAMIAN RIVERA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0394815
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITEE, THEN THE FORM 990 IS MADE AVAILABLE FOR REVIEW TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES MEETS REGULARLY TO REVIEW AND MONITOR THE FOUNDATION'S ACTIVITIES. ALL BOARD MEMBERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS SHALL SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE ANNUALLY TO THE BOARD. IF A CONFLICT ARISES, THE MEMBER WITH A CONFLICT OF INTEREST WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS AND VOTING ON TRANSACTIONS. THERE HAVE BEEN NO INCIDENCES OF ANY CONFLICT IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALPFA FOUNDATION, INC. (THE "FOUNDATION") HAS NO EMPLOYEES AND ALL WORK IS DONE BY ITS RELATED PARTY ALPFA, INC. (THE "ASSOCIATION"). BOARD MEMBER DAMIEN RIVERA IS NOT PAID COMPENSATION BY THE FOUNDATION. THE COMPENSATION REPORTED IN FORM 990, PART VII, SECTION A IS FROM HIS ROLE AS CEO OF THE ASSOCIATION IN HIS ROLE AS CEO OF THE ASSOCIATION. HIS COMPENSATION IS APPROVED BY THE ASSOCIATION'S BOARD AFTER REVIEW BY AN INDEPENDENT COMPENSATION COMMITTEE INCLUDING ANALYSIS OF COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR VIEWING ON THE ORGANIZATION'S WEBSITE. POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALPFA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320178401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO EMPOWER AND DEVELOP LATINO MEN AND WOMEN AS LEADERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01717 W 6TH STREET NO 410
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078703
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0115869
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALFPA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0224792
IRS990/TotalAssetsEOYAmt0254361
IRS990/TotalAssetsGrp/BOYAmt0224792
IRS990/TotalAssetsGrp/EOYAmt0254361
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0403983
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039432
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0340500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0379932
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044471
IRS990/TotalLiabilitiesEOYAmt049978
IRS990/TotalLiabilitiesGrp/BOYAmt044471
IRS990/TotalLiabilitiesGrp/EOYAmt049978
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0180321
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0204383
IRS990/TotalOtherCompensationAmt043681
IRS990/TotalProgramServiceExpensesAmt0340500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0403994
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0224792
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0254361
IRS990/TotReportableCompRltdOrgAmt0351134
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01717 W 6TH STREET NO 410
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078703
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ALPFA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$3.12$4.04$13.2$12.3$0.85
2023Detailed filing. Detailed filing data is available for this year.$6.01$2.85$3.16$10.9$8.73$2.15
2022Detailed filing. Detailed filing data is available for this year.$2.25$1.24$1.01$1.42$0.73$0.69
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.17$0.47$0.96$0.69$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.05$0.20$0.40$0.38$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$0.14$0.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.17$0.16$0.01
2017Summary only. Only limited summary data is available for this year.$0.17$0.03$0.15$0.12$0.04
2016Summary only. Only limited summary data is available for this year.$0.11$0.01$0.14$0.10$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.05$0.02$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.15$0.08$0.03$0.12$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.04$0.19$0.14$0.11$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.10$0.10$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.01$0.16$0.13$0.12$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.07$0.11$0.04