Alta Charitable Foundation is located in Austin, TX. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alta Charitable Foundation 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, Alta Charitable Foundation generated $73.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $41.3k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ACF 501(C)3 ORGANIZATION FOUNDED ON 10/22/20, TO PROVIDE COMMUNITIES-AT-LARGE WITH LEADERS AND RESOURCES TO PROMOTE QUALITY PRACTICE AND GUIDANCE IN THE FIELD OF DYSLEXIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Fitzhugh President | 5 | $0 | |
Kathy Tenney Secretary | 5 | $0 | |
Angela Williams Treasurer | 5 | $0 | |
Genevieve Shryer Co Chair Scholarship | 5 | $0 | |
Kara Lee Co Chair Scholarships | 5 | $0 | |
Libby Grafa Board Member | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,955 |
| Total Program Service Revenue | $19,525 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,480 |
| 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 | $28,719 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $3,273 |
| Total expenses | $41,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,843 |
| Other assets | $0 |
| Total assets | $34,843 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,843 |