Alteco FY2020 filing

Claim it free, then get the verified mark Claim this org →
EIN 37-1534706 Religious organization Denver, CO NTEE X20
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2020–FY2025
Revenue
$361K
FY2020
Expenses
$350K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Empowers tribal churches in South America to spread the Gospel to local tribes. For fiscal year 2020 it reported $361K in revenue, $350K in expenses, and $62K in net assets.Pt I

Founded
2007
Type
Religious organization · Religion
Location
Denver, CO
Website
www.alteco.org
Filings
6 on file (2020–2020)
Revenue
$361KFY2020
Expenses
$350K
Net assets
$62K
People
6
Is this your organization?
Claim this profile to manage it and share your story.
Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Alteco claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers tribal churches in South America to spread the Gospel to local tribes.
Leadership
Henrique Dias · Director
Money in and out
$361K revenue, $350K expenses
Bottom line
88% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. Natl Christian Charitable Fdn INC

2 distinct foundation funder(s) on file, $21K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

88% to programs

88% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Where the money goes · FY2020
Total revenue
$361K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $11K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Alteco →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$64K
FY2020
Total liabilities
$2K
FY2020
Revenue less expensesPt I · Ln 19$11K
Total assetsPt X · Ln 16$64K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAlteco
EINHdr · item D37-1534706
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.alteco.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFMay 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Christopher Ferry’s $83K as Executive Director is at the 81st percentile of top reported officer pay among 2132 $100K–1M religion 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

NameFY2025FY2024FY2023
Christopher Ferry—$89,700$75,900
Christopher Ferry$82,800——
Paul Johnson—$12,800$11,000

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 Alteco executive salaries →

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

Mission & Programs · Part III

Where the work happens

1 program service account for $308K of program spending, described in the organization's own filed words · FY2020.
01

Alteco partners with other christian individuals and organizations to focus on the empowerment and holistic development of the 400+ tribal nations of the amazon basin and lowlands of south america.

$308Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$361K
Total revenueLn 12$361K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$308K
Management & general12%$42K
Total functional expensesLn 25$350K

Balance Sheet

Part X · end of year
CashLn 1$64K
Total assetsLn 16$64K
Total liabilitiesLn 26$2K
Total net assetsLn 32$62K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $350K
2.2 months
Where the money goes
Program services
Program services $308K · Total expenses $350K
88%
Management & General
Management & general $42K · Total expenses $350K
12%
Fundraising
Fundraising $0 · Total expenses $350K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $361K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $361K · Total revenue $361K
100%
Government reliance
Government grants — · Total revenue $361K
—
Earned-income share
Program service revenue $0 · Total revenue $361K
0%
Investment reliance
Investment income $0 · Total revenue $361K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $350K
0%
Growth & trend
Revenue growth (YoY)
This year $361K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $62K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $361K · Expenses $350K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $64K
—
Net-asset ratio
Net assets $62K · Total assets $64K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $64K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Henrique Dias · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $350K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $183K · Total expenses $350K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Fundraising cost ratio 0%——
Accounting fee ratio 0.2%——

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 2 funders$21K
Grants paid · 1 grant · $8K · 2020–2020
Amazon Focus INCSC · FY2020$8,139

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$780K revenue · ⤓ 990 PDF
FY2024$674K revenue · ⤓ 990 PDF
FY2023$578K revenue · ⤓ 990 PDF
FY2022$72K revenue · ⤓ 990 PDF
FY2021$508K revenue · ⤓ 990 PDF
FY2020$361K revenue · viewing · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.