Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
67 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990; $239K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Elizabeth Sheeran | $152,646 | $120,313 | $111,245 | — |
| Alex Kharam | $86,583 | — | $81,000 | $72,000 |
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.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Creates news articles and videos to inform the public.
Questions for Alpha News
Your first name shows with your question. Alpha News answers here, for everyone.
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Alpha news uses advanced social media and online technology platforms to deliver important news programming to audiences everywhere in minnesota. Alpha news reports on issues relating to local, state, and federal government, as well as the people and personalities involved.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $386K | $465K |
| Land, buildings, equipmentLn 10c | $3K | |
| Total assetsLn 16 | $386K | $489K |
| LiabilitiesLn 26 | $20K | $29K |
| Net assetsLn 32 | $366K | $460K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $87K | $87K | ||
| Other salaries and wagesLn 7 | $333K | $333K | ||
| Other employee benefitsLn 9 | $11K | $11K | ||
| Payroll taxesLn 10 | $41K | $41K | ||
| Legal feesLn 11b | $31K | $31K | ||
| Accounting feesLn 11c | $27K | $27K | ||
| Other fees for servicesLn 11g | $199K | $199K | ||
| Advertising and promotionLn 12 | $332K | $332K | ||
| Office expensesLn 13 | $49K | $48K | $427 | |
| OccupancyLn 16 | $29K | $29K | ||
| TravelLn 17 | $5K | $5K | ||
| Conferences, conventions and meetingsLn 19 | $30K | $30K | ||
| Depreciation, depletion and amortizationLn 22 | $506 | $506 | ||
| InsuranceLn 23 | $7K | $7K | ||
| Other expenses (24a–d)Ln 24 | $2K | $2K | ||
| Total functional expensesLn 25 | $1.2M | $792K | $359K | $30K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.3M | $1.2M | $94K | $460K | 990 PDF |
| FY2023 | $811K | $799K | $12K | $366K | 990 PDF |
| FY2022 | $951K | $738K | $214K | $365K | 990 PDF |
| FY2021 | $599K | $476K | $123K | $151K | 990 PDF |
| FY2020 | $331K | $330K | $1K | $28K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,275,766 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, no flags
Part VIII · Statement of revenue $1,275,766 across 6 lines filed
Part IX · Statement of functional expenses $1,181,851 across 15 lines filed
Part X · Balance sheet $488,711 assets, 11 lines filed
Part XI · Reconciliation of net assets $459,725 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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