The Alex Fund INC

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 22-3786644Revenue $180K in FY2024

On file with the IRSalexfund.orgPo Box 778, 10013-0778 · New York, NYTax-exempt since Jul 2001Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Breaking the cycle of poverty through early education.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$18K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $7K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$18K
to officers and key staff · 12% of spending
Top officer’s pay lower than 90% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $93K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$180K
+37% vs prior year
Spent
$156K
To programs
79%
Net assets
$239K
By yearFY2020–FY2024
Revenue
$180K
FY2024▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$162K
FY2021$112K
FY2022$138K
FY2023$131K
FY2024$180K
Expenses
$156K
FY2024▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020$142K
FY2021$124K
FY2022$147K
FY2023$120K
FY2024$156K
Net assets
$239K
FY2024▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$227K
FY2021$225K
FY2022$194K
FY2023$206K
FY2024$239K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $124K Management & general 5% · $8K Fundraising 15% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

13 people listed on the 990; $18K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer/Secretery
$10,000Pt VII · Sec A
$8,333Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A

Wendy Phillips Kahn’s $10K as Treasurer/Secretery is at the 10th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leslie Hawke——$21,000$22,583$40,000
Wendy Phillips Kahn$10,000$10,000$10,000$10,833$7,500
Raluca Gold-Fuchs$8,333————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Alex Fund INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides early education to break the cycle of poverty.

Questions for The Alex Fund INC

Tap to ask. The Alex Fund INC sees how many people are interested.

Your first name shows with your question. The Alex Fund INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $124K · in their own filed words · FY2024
01

To develop and support programs that focus on alleviating the cycle of poverty through education.

$124Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 1 grant · $6K · 2024–2024
Columbia UniversityFY2024$6,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$180K
Ln 12
Gifts and grantsLn 1h$175K
Investment incomeLn 3$5K
Money outPt IX
$156K
Ln 25
Programscol B$124K
Managementcol C$8K
Fundraisingcol D$24K
Owns and owesPt X
$239K
net assets · Ln 32
Cash and savingsLn 1–2$200K
Total assetsLn 16$241K
LiabilitiesLn 26$2K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$175K
Noncash giftsLn 1g$5K
Investment incomeLn 3$5K
Total revenueLn 12$180K
Assets in detailPt X, end of year
CashLn 1$87K
SavingsLn 2$114K
Cash and savings togetherLn 1–2$200K
InvestmentsLn 11–13$40K
Other assetsLn 15$386
Total assetsLn 16$241K
LiabilitiesLn 26$2K
Net assetsLn 32$239K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$174K$200K
InvestmentsLn 11–13$26K$40K
Total assetsLn 16$208K$241K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$206K$239K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Grants and assistance to foreign recipientsLn 3$114K$114K
Other salaries and wagesLn 7$18K$5K$13K
Payroll taxesLn 10$2K$553$1K
Other fees for servicesLn 11g$2K$108$1K
Office expensesLn 13$529$455$74
Information technologyLn 14$1K$1K
TravelLn 17$1K$1K
Other expenses (24a–d)Ln 24$9K$2K$686$6K
All other expensesLn 24e$2K$2K$575
Total functional expensesLn 25$156K$124K$8K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $180K$156K$24K$239K 990 PDF
FY2023 $131K$120K$10K$206K 990 PDF
FY2022 $138K$147K−$9K$194K 990 PDF
FY2021 $112K$124K−$12K$225K 990 PDF
FY2020 $162K$142K$21K$227K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $179,799 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $109,391$174,813
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21,513$4,986
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $130,904$179,799
I-13 Grants and similar amounts paidPrior year $99,710$120,300
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,098$20,361
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,599$15,556
I-18 Total expensesPrior year $120,407$156,217
I-19 Revenue less expensesPrior year $10,497$23,582
Part VI · Governance 13 of 13 board members independent, 5 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $179,799 across 5 lines filed
VIII-1f All other contributions, gifts and grants$174,813
VIII-1g Noncash contributions (included above)$4,990
VIII-1h Total contributions, gifts and grants$174,813
VIII-3 Investment incomeExcluded from tax $4,986$4,986
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $4,986$179,799
Part IX · Statement of functional expenses $156,217 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $6,000$6,000
IX-3 Grants and assistance to foreign recipientsPrograms $114,300$114,300
IX-7 Other salaries and wagesManagement $5,000 · Fundraising $13,333$18,333
IX-10 Payroll taxesManagement $553 · Fundraising $1,475$2,028
IX-11g Other fees for servicesManagement $108 · Fundraising $1,400$1,508
IX-13 Office expensesPrograms $455 · Management $74$529
IX-14 Information technologyPrograms $1,125$1,125
IX-17 TravelFundraising $1,453$1,453
IX-24 Other expenses (24a–d)Programs $2,041 · Management $686 · Fundraising $5,912$8,639
IX-24e All other expensesManagement $1,727 · Fundraising $575$2,302
IX-25 Total functional expensesPrograms $123,921 · Management $8,148 · Fundraising $24,148$156,217
Part X · Balance sheet $240,744 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $65,312$86,539
X-2 Savings and temporary cash investmentsStart of year $108,587$113,573
X-12 Other securitiesStart of year $26,349$40,246
X-15 Other assetsStart of year $8,136$386
X-16 Total assetsStart of year $208,384$240,744
X-25 Other liabilitiesStart of year $1,937$1,806
X-26 Total liabilitiesStart of year $1,937$1,806
X-27 Net assets without donor restrictionsStart of year $206,447$238,938
X-32 Total net assets or fund balancesStart of year $206,447$238,938
X-33 Total liabilities and net assetsStart of year $208,384$240,744
Part XI · Reconciliation of net assets $238,938 net assets at year end
XI-1 Total revenue$179,799
XI-2 Total expenses$156,217
XI-3 Revenue less expenses$23,582
XI-4 Net assets at start of year$206,447
XI-5 Net unrealized gains (losses) on investments$8,909
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$238,938

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.