Alpfa INC EIN 32-0178401

Alpfa INC

EIN  32-0178401 Business league / trade association Austin, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Develops Latino men and women into leaders of character for the nation's economy.
Leadership
Money in and out
$0 revenue, $742 expenses

Develops Latino men and women into leaders of character for the nation's economy. For fiscal year 2024 it reported $0 in revenue, $742 in expenses, and $715K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$742
Pt IX · Ln 25
Net assets
$715K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$742

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$0
FY2024▼ -100%
Expenses
$742
FY2024▼ -100%
Total assets
$732K
FY2024▲ +2%
Total liabilities
$17K
FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$742
Pt IX · Ln 25
Net assets
$715K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$742
Total assetsPt X · Ln 16$732K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Leadership development, career advancement, and community impact alpfa is a latino-culturally focused and all-inclusive organization that empowers students and professionals of all backgrounds to rise as leaders in every sector of the global economy.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAlpfa INC
EINHdr · item D32-0178401
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.alpfa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2021FY2020
Damian Rivera$386,458$362,035$351,134
Selene Benavides$190,342$170,576$100,198
Justin Lopez$142,760$104,212
Jennifer Paulino$113,035
Cydya J Thomas$112,218
Ann Marquez$111,490$111,795
Luis Rosado$104,848
Jennylee Ramos$100,947

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.

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Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$732K
Total liabilitiesLn 26$17K
Total net assetsLn 32$715K
Months of cash on handcomputed83.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses/yr $742
83.0 months
Where the money goes
Program services
Program services — · Total expenses $742
Management & General
Management & general — · Total expenses $742
Fundraising
Fundraising — · Total expenses $742
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $742
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $479K
-100%
Net-asset trend (YoY)
End of year $715K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $742
Liabilities-to-Assets
Total liabilities — · Total assets $732K
Net-asset ratio
Net assets $715K · Total assets $732K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $732K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Damian Rivera · Reported title CEO · Highest reported compensation $0 · Total expenses $742
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $742
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -100%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 5 funders$1.0M
See all 5 funders →
Grants paid · 3 grants · $124K · 2020–2022
Unitemized GrantFY2022$100,000
Justice for Migrant WomenOH · FY2022$10,000
Unitemized GrantFY2020$14,380

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$479K revenue · ⤓ 990 PDF
FY2022$7.1M revenue · ⤓ 990 PDF
FY2021$4.4M revenue · ⤓ 990 PDF
FY2020$3.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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