Alano Incorporated
- Assets
- $386.2k
- Revenue
- $296.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Lexington, KY
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 61-1106119
Organization Overview
Alano Incorporated is located in Lexington, KY. The organization was established in 2016. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Alano Incorporated employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alano 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 12/2021, Alano Incorporated generated $296.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $75.0k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SAFE, SOBER, AND SUPPORTIVE ENVIRONMENT FOR INDIVIDUALS SEEKING RECOVERY FROM ADDICITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FACILITIES AND STRUCTURE TO ACCOMPLISH THE STATED PRIMARY PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Otto President | Officer | 2 | $0 |
Don Glover Secretary | Officer | 2 | $0 |
Kirby Fullerton Treasurer | Officer | 2 | $0 |
Matthew Bone Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,410 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,831 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,813 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,054 |
| Total Program Service Revenue | $23,570 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $161,573 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,333 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,530 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,687 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,200 |
| Office expenses | $202 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,412 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $4,456 |
| All other expenses | $0 |
| Total functional expenses | $74,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,869 |
| Savings and temporary cash investments | $19,270 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,210 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $312,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $386,212 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $386,212 |
| Net assets with donor restrictions | $0 |
| 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 | $386,212 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alano Incorporated has recieved totaling $7,700.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harris House Foundation St Charles, MO | $20,113,834 | $10,724,107 |
Behavioral Healthcare Partners Of Central Ohio Inc Newark, OH | $6,639,203 | $9,799,095 |
Rincon Family Services Chicago, IL | $4,287,155 | $9,862,111 |
Affiliated Service Providers Of Indiana Inc Warsaw, IN | $7,071,521 | $8,323,069 |
Community Behavioral Health Inc Hamilton, OH | $6,779,395 | $9,374,696 |
First Choice Services Inc Charleston, WV | $3,997,475 | $8,221,305 |
Nicasa Nfp Round Lake, IL | $3,666,367 | $6,196,616 |
Pickaway Area Recovery Services Circleville, OH | $3,902,225 | $5,527,129 |
New Housing Ohio Inc Cincinnati, OH | $15,833,185 | $6,155,806 |
Darke County Recovery Services Greenville, OH | $1,539,031 | $5,332,032 |
Lima-Urban Minority Alcoholism And Drug Abuse Outreach Program Inc Lima, OH | $626,525 | $4,418,406 |
Mansfield-Urban Minority Alcoholism Mansfield, OH | $2,882,877 | $4,284,085 |