Alternative Gift Markets Inc
- Assets
- $450.9k
- Revenue
- $206.4k
- Investments
- $314.6k
- Employees
- 4
- Location
- Wichita, KS
- Founding
- 08/1987
- Data as of
- 06/2021
- EIN
- 95-4111142
Organization Overview
Alternative Gift Markets Inc, operating under the name Alternative Gifts International, is located in Wichita, KS. The organization was established in 1987. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Alternative Gifts International employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternative Gifts 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 06/2021, Alternative Gifts International generated $206.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $233.0k 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
THE ORGANIZATION COLLECTS DONATIONS FROM INDIVIDUALS AND THROUGH GIFT MARKETS AND PROVIDES SUPPORT TO PARTICIPATING CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRACT PROGRAMS: THERE ARE 27 CONTRACTED PARTNER PROJECTS CATEGORIZED BY HUNGER, EDUCATION, GENDER EQUALITY, REDUCING CHILD MORTALITY, MATERNAL HEALTH, MEDICAL SERVICES, ENVIRONMENTAL NEEDS, AND COLLABORATION FOR PROGRESS. AGI SERVICES THE CONSTITUENTS OF THESE 27 PROJECTS BY RAISING AWARENESS THROUGH EDUCATION AND FUNDRAISING, THUS DELIVERING MONIES TO EACH CONTRACTED PARTNER FOR RESTRICTED USE. OUR FUNDRAISING OUTREACH ALLOWS DONORS TO GIVE TO THE PROJECTS AS DONATIONS AND IN TURN PROVIDE THE DONATION NOTICE AS A GIFT TO FAMILY AND FRIENDS. ALTERNATIVE GIVING MEANS GIVING TO CAUSES RATHER THAN SPENDING ON CONSUMER GOODS AS GIFTS.
AGI MANAGED FUNDS: THERE ARE 2 AGI MANAGED FUNDS; FEEDING HUNGRY AND HOMELESS AMERICANS, AND WHERE NEEDED MOST. OUR FUNDRAISING OUTREACH ALLOWS DONORS TO SUPPORT AGI'S PROGRAM OF GIVING BACK TO AMERICAN COMMUNITIES BY SHARING FUNDS WITH HOMELESS PROGRAMS AND FOOD PANTRIES. THE WHERE NEEDED MOST PROJECT ACCEPTS DONATIONS THAT WILL BE POOLED AND AT THE END OF THE FUNDRAISING SEASON WILL BE USED TO BOOST THE LESSER SUPPORTED OF THE 27 PROJECTS AS NOTED IN 4A ABOVE.
CONTRACT PROGRAMS: THERE ARE 27 CONTRACTED PARTNER PROJECTS CATEGORIZED BY HUNGER, EDUCATION, GENDER EQUALITY, REDUCING CHILD MORTALITY, MATERNAL HEALTH, MEDICAL SERVICES, ENVIRONMENTAL NEEDS, AND COLLABORATION FOR PROGRESS. AGI SERVICES THE CONSTITUENTS OF THESE 27 PROJECTS BY RAISING AWARENESS THROUGH EDUCATION AND FUNDRAISING, THUS DELIVERING MONIES TO EACH CONTRACTED PARTNER FOR RESTRICTED USE. OUR FUNDRAISING OUTREACH ALLOWS DONORS TO GIVE TO THE PROJECTS AS DONATIONS AND IN TURN PROVIDE THE DONATION NOTICE AS A GIFT TO FAMILY AND FRIENDS. ALTERNATIVE GIVING MEANS GIVING TO CAUSES RATHER THAN SPENDING ON CONSUMER GOODS AS GIFTS.
AGI MANAGED FUNDS: THERE ARE 2 AGI MANAGED FUNDS; FEEDING HUNGRY AND HOMELESS AMERICANS, AND WHERE NEEDED MOST. OUR FUNDRAISING OUTREACH ALLOWS DONORS TO SUPPORT AGI'S PROGRAM OF GIVING BACK TO AMERICAN COMMUNITIES BY SHARING FUNDS WITH HOMELESS PROGRAMS AND FOOD PANTRIES. THE WHERE NEEDED MOST PROJECT ACCEPTS DONATIONS THAT WILL BE POOLED AND AT THE END OF THE FUNDRAISING SEASON WILL BE USED TO BOOST THE LESSER SUPPORTED OF THE 27 PROJECTS AS NOTED IN 4A ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Surinder Moore Executive Director | Officer | 40 | $45,622 |
Lorrie Beck Chairman | OfficerTrustee | 1 | $0 |
David Larson Treasurer | OfficerTrustee | 1 | $0 |
Dr Kelly Mcfall Director | Trustee | 1 | $0 |
Rev Dr Karen Webster Director | Trustee | 1 | $0 |
Claude Thau Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,830 |
| Total Program Service Revenue | $105,837 |
| Investment income | $14,023 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,390 |
| 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. | $45,622 |
| Compensation of current officers, directors, key employees. | $2,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,780 |
| Pension plan accruals and contributions | $6,800 |
| Other employee benefits | $2,882 |
| Payroll taxes | $6,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,485 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,800 |
| Travel | $1,063 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,152 |
| Insurance | $3,794 |
| All other expenses | $37,452 |
| Total functional expenses | $233,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,266 |
| Savings and temporary cash investments | $75,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,836 |
| 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 | $4,920 |
| Net Land, buildings, and equipment | $2,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $314,595 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $450,949 |
| Accounts payable and accrued expenses | $11,567 |
| Grants payable | $0 |
| Deferred revenue | $110,671 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,734 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125,972 |
| Net assets without donor restrictions | $307,900 |
| Net assets with donor restrictions | $17,077 |
| 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 | $450,949 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alternative Gift Markets Inc has recieved totaling $40.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Endowment Analysis
| Beg. Balance | $237,783 |
| Earnings | $76,812 |
| Ending Balance | $314,595 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hatikva Project Us Inc Shawnee, KS | $76,499 | $1,302,256 |
Fund For Israels Tomorrow St Louis, MO | $124,929 | $1,278,098 |
Caring Inc Colorado Springs, CO | $5,612 | $1,180,785 |
Brace For Impact 46 Inc Lake Saint Louis, MO | $707,944 | $1,486,184 |
International Education Foundation Inc Colorado Springs, CO | $22,471,939 | $1,098,070 |
Kao Family Education Foundation Olathe, KS | $1,087,223 | $655,863 |
Health For India Inc Olathe, KS | $5,540,618 | $929,204 |
Partners In Sustainable Development International Columbia, MO | $60,597 | $330,383 |
Alternative Gift Markets Inc Wichita, KS | $450,949 | $206,390 |
Global Signet Group Inc Wichita, KS | $92,432 | $283,374 |
Honduras Ministries Inc Overland Park, KS | $57,773 | $220,849 |
Bethel Usa Fort Collins, CO | $11,741 | $113,547 |