Alpha Opportunities Inc
- Assets
- $4.2m
- Revenue
- $6.9m
- Investments
- $17.4k
- Employees
- 224
- Location
- Jamestown, ND
- Founding
- 07/1980
- Data as of
- 06/2021
- EIN
- 45-0357242
Organization Overview
Alpha Opportunities Inc is located in Jamestown, ND. The organization was established in 1980. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Alpha Opportunities Inc employed 224 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Opportunities Inc 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 06/2021, Alpha Opportunities Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $6.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE TOOLS TO GIVE PEOPLE WITH DISABILITIES THE OPPORTUNITIES TO LIVE, WORK, RECREATE IN THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RESIDENTIAL TRAINING (GROUP HOMES & PRIVATE RESIDENCES) FOR ADULTS WITH DEVELOPMENTAL DISABILITIES PROVIDING CASE MANAGEMENT, NURSING, PSYCHOLOGICAL SERVICES & PRE-EMPLOYMENT TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Veil CEO | Officer | 40 | $64,307 |
Angela Pettys Financial Manager | Officer | 40 | $50,117 |
Luella Morehouse President | OfficerTrustee | 0.75 | $0 |
Eric Tuchscher Director | Trustee | 0.75 | $0 |
Laurel Haroldson Director | Trustee | 0.75 | $0 |
Helen Grenz Director | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,768 |
| Total Program Service Revenue | $6,912,659 |
| Investment income | $1,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,037 |
| Net Gain/Loss on Asset Sales | $3,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,924,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,424 |
| Compensation of current officers, directors, key employees. | $50,117 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,949,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $703,177 |
| Payroll taxes | $283,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,403 |
| Fees for services: Accounting | $16,403 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,359 |
| Office expenses | $137,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,573 |
| Travel | $15,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,869 |
| Interest | $4,451 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,285 |
| Insurance | $48,145 |
| All other expenses | $73,774 |
| Total functional expenses | $5,982,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,273,208 |
| Savings and temporary cash investments | $354,867 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $904,386 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $40,707 |
| Net Land, buildings, and equipment | $637,621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,362 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,228,151 |
| Accounts payable and accrued expenses | $633,491 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $108,280 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $741,771 |
| Net assets without donor restrictions | $3,469,179 |
| Net assets with donor restrictions | $17,201 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,228,151 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Opportunities Inc has recieved totaling $122.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Endowment Analysis
| Beg. Balance | $5,254 |
| Earnings | $217 |
| Admin Expense | $53 |
| Ending Balance | $5,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Living Services Incorporated Fargo, ND | $19,445,426 | $22,252,466 |
Touchstone Mental Health Minneapolis, MN | $8,476,042 | $15,823,650 |
Dakotabilities Sioux Falls, SD | $18,394,244 | $13,416,769 |
Able Incorporated Dickinson, ND | $27,235,184 | $16,593,018 |
Human Service Agency Watertown, SD | $13,335,518 | $13,761,129 |
Harry Meyering Center Inc Mankato, MN | $16,984,389 | $13,887,257 |
Lifequest Mitchell, SD | $5,936,493 | $14,949,946 |
Opportunity Foundation Inc Williston, ND | $8,430,927 | $12,852,089 |
Arc Minnesota Inc St Paul, MN | $7,527,865 | $12,831,212 |
Metropolitan Community Services Hopkins, MN | $394,551 | $8,622,165 |
Ability Building Services Inc Yankton, SD | $8,664,697 | $8,810,891 |
Montana Independent Living Project Inc Helena, MT | $2,730,097 | $8,653,910 |