Alex House Project INC EIN 47-5488301 Form 990 (PDF) Claim this org

Alex House Project INC

Not yet claimed Claim this org →

Supports pregnant and parenting mothers and young fathers with education and job training. For fiscal year 2024 it reported $816K in revenue, $815K in expenses, and $60K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Brooklyn, NY
Website
www.alexhouseproject.org
Filings
5 on file (2020–2024)
Revenue
$816KFY2024
Expenses
$815K
Net assets
$60K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-5488301 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Alex House Project INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports pregnant and parenting mothers and young fathers with education and job training.
Leadership
Samora Coles · Executive Dir. · $120K
Money in and out
$816K revenue, $815K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$816K
Pt VIII · Ln 12
Total expenses
$815K
Pt IX · Ln 25
Net assets
$60K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $267
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.14 Fundraising $0.05
Program efficiency
81%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate▲ +55% vs prior filing year
Surplus margin
+0.03%
revenue over expenses, this year▲ +100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$816K
FY2024▲ +8%
Expenses
$815K
FY2024-0.2%
Total assets
$1.1M
FY2024▲ ×15
Total liabilities
$1.1M
FY2024▲ ×70
Total revenue
$816K
Pt VIII · Ln 12
Total expenses
$815K
Pt IX · Ln 25
Net assets
$60K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$267
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAlex House Project INC
EINHdr · item D47-5488301
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jwww.alexhouseproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P40)
Ruling yearIRS BMFApr 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Executive Dir.
$120,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Samora Coles$120,000$100,366$79,619$79,619$71,962

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 Alex House Project INC 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 $664K of program spending, described in the organization's own filed words · FY2024.
01

The Alex House Project (TAHP) is a Brooklyn-based, peer-led 501c3 social service support and leadership development organization for young expecting and parenting mothers, ages 25 and under, who reside in economically depressed, New York City neighborhoods.

$664Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$816K
Total revenueLn 12$816K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.14 Fundraising $0.05
Program services81%$664K
Management & general14%$113K
Fundraising5%$38K
Total functional expensesLn 25$815K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$60K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $116K · Operating expenses/yr $815K
1.7 months
Where the money goes
Program services
Program services $664K · Total expenses $815K
81%
Management & General
Management & general $113K · Total expenses $815K
14%
Fundraising
Fundraising $38K · Total expenses $815K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $52K · Solicited contributions (3-yr avg) $697K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $816K · Total revenue $816K
100%
Government reliance
Government grants — · Total revenue $816K
Earned-income share
Program service revenue $0 · Total revenue $816K
0%
Investment reliance
Investment income $0 · Total revenue $816K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $815K
0%
Growth & trend
Revenue growth (YoY)
This year $816K · Prior year $758K
+8%
Revenue CAGR
FY2020 $508K · FY2024 $816K
+13%
Net-asset trend (YoY)
End of year $60K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $816K · Expenses $815K
+0.03%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $60K · Total assets $1.1M
5%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Samora Coles · Reported title Executive Dir. · Highest reported compensation $120K · Total expenses $815K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $485K · Total expenses $815K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 14%
Fundraising cost ratio 5%
Revenue growth 8%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
See all 7 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Alex House Project INC →

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
FY2024 (Latest)$816K revenue · viewing · ⤓ 990 PDF
FY2023$758K revenue · ⤓ 990 PDF
FY2022$618K revenue · ⤓ 990 PDF
FY2021$582K revenue · ⤓ 990 PDF
FY2020$508K revenue · ⤓ 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) · FY2024IRS
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

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.