ALPFA FOUNDATION INC

EIN: 861118036 501(c)(3) Education

AUSTIN, TX

Total Revenue
$13,178,577
Total Expenses
$12,323,867
Total Assets
$7,159,004
Net Assets
$4,041,833
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
DAMIAN RIVERA
Phone
8556925732
Tax Period
2024-01-01 to 2024-12-31

ALPFA FOUNDATION INC, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $13.2M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $12.3M left a modest 6% surplus.

Mission

TO EMPOWER AND DEVELOP LATINO LEADERS OF CHARACTER FOR THE NATION, IN EVERY SECTOR OF THE GLOBAL ECONOMY, WHILE EMBRACING PEOPLE OF ALL BACKGROUNDS WHO SHARE THIS MISSION.

Program Service Accomplishments

Program 1
Expenses: $8,673,112 Revenue: $10,504,566

LEADERSHIP DEVELOPMENT, CAREER ADVANCEMENT, AND COMMUNITY IMPACT ALPFA IS A LATINO CULTURALLY FOCUSED AND ALL-INCLUSIVE ORGANIZATION THAT EMPOWERS STUDENTS AND PROFESSIONALS OF ALL BACKGROUNDS TO...

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LEADERSHIP DEVELOPMENT, CAREER ADVANCEMENT, AND COMMUNITY IMPACT ALPFA IS A LATINO CULTURALLY FOCUSED AND ALL-INCLUSIVE ORGANIZATION THAT EMPOWERS STUDENTS AND PROFESSIONALS OF ALL BACKGROUNDS TO RISE AS LEADERS IN EVERY SECTOR OF THE GLOBAL ECONOMY. THROUGH A NATIONAL NETWORK OF STUDENT AND PROFESSIONAL CHAPTERSINCLUDING MORE THAN 200 AT COMMUNITY COLLEGES, UNIVERSITIES, AND IVY LEAGUE SCHOOLSALPFA PROVIDES FREE AND LOW-COST PROGRAMS IN LEADERSHIP DEVELOPMENT, MENTORSHIP, CAREER READINESS, AND NETWORKING DESIGNED TO BUILD SKILLS, CONFIDENCE, AND CONNECTIONS. MULTI-DAY PROGRAMS SUCH AS THE NATIONAL CONVENTION, WOMEN OF ALPFA, REGIONAL STUDENT SYMPOSIA, AND TECHNOLOGY SUMMITS OFFER EXPERIENTIAL LEARNING, HANDS-ON LEADERSHIP TRAINING, COACHING, SCHOLARSHIPS, FELLOWSHIPS, AND DIRECT ACCESS TO INTERNSHIP AND EMPLOYMENT OPPORTUNITIES.ALPFA'S DIGITAL PLATFORM, ALPFA+, EXTENDS THESE BENEFITS NATIONWIDE, OFFERING FREE, COMMUNITY-BUILT LEARNING AND DEVELOPMENT CONTENT, PERSONALIZED MENTORSHIP, AND CAREER RESOURCES. THE ALPFA+ PLATFORM IS CREATED BY AND FOR THE COMMUNITY, SHOWCASING EXPERTS WHO SHARE KNOWLEDGE, MODEL LIFELONG LEARNING, AND DEMONSTRATE THE BEHAVIORS NEEDED FOR SUCCESS BEYOND THE CLASSROOM. THIS ENABLES STUDENTS TO LEARN DIRECTLY FROM ROLE MODELS AND APPLY NEW SKILLS IN THEIR CHAPTERS AND COMMUNITIES.THROUGH THESE EFFORTS, ALPFA IS BUILDING A SELF-REINFORCING LEADERSHIP ECOSYSTEMONE THAT EQUIPS STUDENTS TO LEARN, GROW, AND GIVE BACK AS PROFESSIONALS WHO UPLIFT THEIR FAMILIES, COMMUNITIES, AND THE WORLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,415,794
Program Service Revenue $10,504,566
Investment Income $258,217
Other Revenue $0
TOTAL REVENUE $13,178,577

Expense Breakdown

Grants Paid $1,316,988
Salaries & Benefits $2,639,864
Fundraising Expenses $20,000
Program Expenses $8,673,112
Other Expenses $8,367,015
TOTAL EXPENSES $12,323,867

Year-over-Year Comparison

2024 2023 Change
Revenue $13,178,577 $10,875,770 +0.2%
Expenses $12,323,867 $8,727,720 +0.4%
Net Income $854,710 $2,148,050 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
19
Employees
23
Volunteers
600

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,214,682
Total Directors
21
$609,537
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAMIAN RIVERA CHIEF EXECUTIVE OFFICER 50.00
Officer Director
$472,105 $37,432 $509,537
SELENE BENAVIDES CHIEF FINANCIAL OFFICER 50.00
Officer
$260,000 $23,465 $283,465
JENNYLEE RAMOS CHIEF OPERATING OFFICER 50.00
Officer
$211,000 $16,095 $227,095
JAMELFREY PACHECO DIRECTOR OF OPERATIONS 50.00
Highest
$114,012 $6,085 $120,097
ZUHALY RAMON DIRECTOR OF MARKETING 50.00
Highest
$106,375 $7,606 $113,981
MELISSA ALLI DIRECTOR OF PARTNERSHIPS (THRU 12/24) 50.00
Highest
$100,850 $139 $100,989
ENNA JIMENEZ DIR THRU 824 CHIEF DEVEL. OFFICER (AS OF 8/24) 50.00
Officer Director
$100,000 $0 $100,000
ESPERANZA PEREZ CHIEF INNOVATION & TECHNOLOGY OFFICER 50.00
Officer
$82,222 $12,363 $94,585
ARACELY GODINEZ DIRECTOR 1.00
Director
$0 $0 $0
CHAD WORKMAN DIRECTOR 1.00
Director
$0 $0 $0
MONICA MARQUEZ DIRECTOR 1.00
Director
$0 $0 $0
ENEIDA ROMAN DIRECTOR 1.00
Director
$0 $0 $0
ERNEST CORDOVA DIRECTOR 1.00
Director
$0 $0 $0
EVEKA RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
JOEL BENCOSME DIRECTOR 1.00
Director
$0 $0 $0
JOEL PEREZ DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH LORETTO DIRECTOR 1.00
Director
$0 $0 $0
DK BARTLEY DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA PACHECO DIRECTOR 1.00
Director
$0 $0 $0
SANDRA PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
NILZA SERRANO DIRECTOR 1.00
Director
$0 $0 $0
ANGELICA URQUIJO DIRECTOR 1.00
Director
$0 $0 $0
MARCELA ALDAZ-MATOS IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
STEVEN GONZALEZ VICE CHAIR 1.00
Director
$0 $0 $0
ANTHONY CURTIS CHAIR 1.00
Officer Director
$0 $0 $0
MARIE ROBLES SECRETARY 1.00
Officer Director
$0 $0 $0
IXCHELL DUARTE TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,178,577 $12,323,867 $7,159,004 $854,710
2023 $10,875,770 $8,727,720 $6,007,352 $2,148,050
2022 $1,419,873 $731,892 $2,252,769 $687,981
2021 $957,412 $688,451 $639,234 $268,961
2020 $403,994 $379,932 $254,361 $24,062
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