Alpha Loft

Organization Overview

Alpha Loft is located in Manchester, NH. The organization was established in 2011. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2019, Alpha Loft employed 3 individuals. Alpha Loft 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 06/2019, Alpha Loft generated $56.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.3%) each year. All expenses for the organization totaled $124.7k during the year ending 06/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO ACCELERATE THE DEVELOPMENT OF EARLY-STAGE BUSINESSES, COMMERCIALIZE INTELLECTUAL CAPITAL, AND TO CREATE SUSTAINABLE EMPLOYMENT OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED AFFORDABLE OFFICE SPACE, TECHNICAL ASSISTANCE AND ACCESS TO RESOURCES TO DOZENS OF BUSINESSES. CONDUCTED EVENTS, WORKSHOPS, SEMINARS AND PANEL DISCUSSIONS FOR HUNDREDS OF INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Benson
President
$0
Peter Lachance
Treasurer
$0
Lisa King
Secretary
$0
Jeff Amaro
Director
$0
Paul Mailhot
Director
$0
Gary Sloper
Director
$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$5
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5
Total Program Service Revenue$56,596
Investment income $38
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 $56,639

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Alpha Loft has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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