Alama Fund Inc
- Assets
- $828.5k
- Revenue
- $110.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton Upper Falls, MA
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-3544028
Organization Overview
Alama Fund Inc is located in Newton Upper Falls, MA. The organization was established in 2019. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alama Fund 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 12/2022, Alama Fund Inc generated $110.5k 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 (50.2%) each year. All expenses for the organization totaled $170.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cal Brown President | 5 | $0 | |
Oleg Matsko Treasurer | 5 | $0 | |
Sam Kogan Exec Director | 20 | $48,480 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $450 |
| Interest on Savings | $0 |
| Dividends & Interest | $33 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,114 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$2,637 |
| Other Income | $97,557 |
| Total Revenue | $110,517 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,480 |
| Other employee salaries and wages | $12,896 |
| Pension plans, employee benefits | $16,540 |
| Interest | $0 |
| Taxes | $6,140 |
| Depreciation | $1,414 |
| Occupancy | $16,692 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,128 |
| Total operating and administrative expenses | $151,450 |
| Contributions, gifts, grants paid | $19,102 |
| Total expenses and disbursements | $170,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,123 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $53,445 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $716,175 |
| Other assets | $800 |
| Total assets | $828,543 |
| Accounts payable and accrued expenses | $2,033 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $6,778 |
| Other liabilities | $0 |
| Total liabilities | $8,811 |
Grants Awarded
Over the last fiscal year, Alama Fund Inc has awarded $19,102 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
VOLODYMYR BORISOV PURPOSE: MEDICAL TREATMENT | $5,383 |
ARTEM ISERGIN PURPOSE: MEDICAL TREATMENT | $550 |
IRENA KASHKOVSKAYA PURPOSE: MEDICAL TREATMENT | $500 |
IRAKLIY GIELASHVILI PURPOSE: MEDICAL TREATMENT | $5,700 |
IRYNA ROMASHKAN PURPOSE: MEDICAL TREATMENT | $362 |
MAKSYM KLEN PURPOSE: MEDICAL TREATMENT | $580 |