Alo Foundation Incorporated is located in Charlotte, NC. The organization was established in 1997. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alo Foundation Incorporated 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 12/2019, Alo Foundation Incorporated generated $14.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH ACHIEVEMENTS
Describe the Organization's Program Activity:
Part 3
YOUTH DEVELOPMENT
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,055 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,771 |
| Other Revenue | $0 |
| Total Revenue | $14,826 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,580 |
| Other expenses | $0 |
| Total expenses | $2,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,505 |
| Other assets | $0 |
| Total assets | $72,505 |
| Total liabilities | $9,215 |
| Net assets or fund balances | $63,290 |