Alpha Foundation International
- Assets
- $86.4k
- Revenue
- $6.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 20-5570543
Organization Overview
Alpha Foundation International is located in Detroit, MI. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Foundation International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Alpha Foundation International generated $6.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $495.0 during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE TO INDIVIDUALS OR COMMUNITY ORGANIZATIONS IN THE FORM OF MICROCREDIT BUSINESS MANAGEMENT SUPPORT ANDOR BUSINESS INCUBATION AND OFFICE SPACE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,450 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $495 |
| Total operating and administrative expenses | $495 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,362 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $86,362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alpha Foundation International has awarded $5,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PROPERTY RESCUE PEOPLES DE PURPOSE: TO ASSIST IN HOME REFURBISHMENT | $1,500 |
MAKING SHADE COMMUNITY GARDENS PURPOSE: TO ASSIST WITH FARM | $4,000 |