Alterna Inc
- Assets
- $384.3k
- Revenue
- $327.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Decatur, GA
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 83-0464787
Organization Overview
Alterna Inc is located in Decatur, GA. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Alterna Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alterna Inc 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, Alterna Inc generated $327.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.5% each year . All expenses for the organization totaled $284.3k during the year ending 12/2023. While expenses have increased by 55.4% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ALTERNA (DBA CASA ALTERNA)PROVIDES RADICAL HOSPITALITY TO ASYLUM-SEEKING FAMILIES, OFFERING SHORT AND LONG TERM HOUSING AND A SUPPORTIVE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER, FOOD, AND OTHER SUPPORTIVE SERVICES TO RECENTLY ARRIVED ASYLUM SEEKERS AND OTHER MIGRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anton Flores Executive Dir. | Trustee | 40 | $11,649 |
Ben Wheeler Trustee | Trustee | 5 | $0 |
Olivia Santiago-Ceto Trustee | Trustee | 5 | $0 |
Rachel Bjork Trustee | Trustee | 5 | $0 |
Charlotte Flores Recording Clerk | Officer | 5 | $0 |
Arturo Martinez Finance Clerk | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $231,038 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,529 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $327,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $196,127 |
| 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. | $11,649 |
| Compensation of current officers, directors, key employees. | $5,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,528 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $3,369 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,830 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $947 |
| Travel | $5,563 |
| 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 | $3,356 |
| All other expenses | $3,901 |
| Total functional expenses | $284,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $231,038 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,193 |
| Total assets | $384,285 |
| Accounts payable and accrued expenses | $177,597 |
| 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 | $2,398 |
| Other liabilities | $5,557 |
| Total liabilities | $185,552 |
| Net assets without donor restrictions | $198,733 |
| 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 | $384,285 |
Grants Awarded
Over the last fiscal year, Alterna Inc has awarded $196,127 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IKHRA PURPOSE: Support or asylum seekers | $177,327 |
INSPIRITUS PURPOSE: Support for asylum seekers | $18,800 |