Alano INC EIN 35-1877320 Form 990 (PDF) Claim this org

Alano INC

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Helps people overcome alcohol and drug addiction through supportive environments. For fiscal year 2022 it reported $370K in revenue, $454K in expenses, and $76K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Terre Haute, IN
Filings
3 on file (2020–2022)
Revenue
$370KFY2022
Expenses
$454K
Net assets
$76K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  35-1877320 Public charity (501(c)(3)) Terre Haute, IN
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps people overcome alcohol and drug addiction through supportive environments.
Leadership
Michael Marren · Vice President
Money in and out
$370K revenue, $454K expenses
Bottom line
100% program efficiency
Where the money goes · FY2022
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$454K
Pt IX · Ln 25
Net assets
$76K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$84K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs+0.08% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
-23%
revenue over expenses, this year▼ -1586% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$370K
FY2022▼ -37%
Expenses
$454K
FY2022▼ -22%
Total assets
$350K
FY2022▼ -4%
Total liabilities
$275K
FY2022▲ +35%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$454K
Pt IX · Ln 25
Net assets
$76K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$84K
Total assetsPt X · Ln 16$350K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAlano INC
EINHdr · item D35-1877320
Principal addressHdr · item CTerre Haute, IN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F22)
Ruling yearIRS BMFAug 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $454K of program spending, described in the organization's own filed words · FY2022.
01

To help others achieve and maintain abstinence from use of alcohol & drugs by persons accustomed to its excessive use. To create an environment conducive to recovery.

$454Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$369K
Contributions & grants$1K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$454K
Management & general$116
Total functional expensesLn 25$454K

Balance Sheet

Part X · end of year
CashLn 1$7K
Total assetsLn 16$350K
Total liabilitiesLn 26$275K
Total net assetsLn 32$76K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7K · Operating expenses/yr $454K
0.2 months
Where the money goes
Program services
Program services $454K · Total expenses $454K
100%
Management & General
Management & general $116 · Total expenses $454K
0.03%
Fundraising
Fundraising $0 · Total expenses $454K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $24K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $370K
0.3%
Government reliance
Government grants — · Total revenue $370K
Earned-income share
Program service revenue $369K · Total revenue $370K
100%
Investment reliance
Investment income $0 · Total revenue $370K
0%
Program self-sufficiency
Program service revenue $369K · Total expenses $454K
81%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $589K
-37%
Net-asset trend (YoY)
End of year $76K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $454K
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $350K
Net-asset ratio
Net assets $76K · Total assets $350K
22%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $350K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Marren · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $454K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $143K · Total expenses $454K
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.03%
Fundraising cost ratio 0%
Revenue growth -37%
Accounting fee ratio 0.4%

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.

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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
FY2022 (Latest)$370K revenue · viewing · ⤓ 990 PDF
FY2021$589K revenue · ⤓ 990 PDF
FY2020$536K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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