Alt Alliance Inc

Nonprofit profile at a glance

EIN
922195175
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Whitestone, NY, USA
Phone
6466960284
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$351,372
Expenses
$137,734
Assets
$219,255
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • YU MO (PRESIDENT)
  • JUN XUAN (VICE PRESIDENT)

People named in this filing

  • YU MO (PRESIDENT)
  • JUN XUAN (VICE PRESIDENT)
  • XIAOCHEN CHEN (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

ALT Alliance Inc is dedicated to promoting the intersection of art, law, and technology for better well-being. We design and host multi-cultural workshops and creative activities for children, youth, seniors, and communities.

What it reported doing in 2024

Community-Centered Workshop - The organization conducted a series of community-centered workshops that combined art, cultural heritage, and emotional wellness, engaging over 300 participants across diverse age groups and backgrounds. Programs included Celebrate Lunar New Year Through Crafting, which introduced families and children to traditional customs through hands-on activities; Feel Arts, Grow Yourself Tree Collage Workshop, focused on nature-inspired self-reflection; Bringing Art Therapy to Campus, offering therapeutic art sessions to support student mental health; and Art Seeds in Young Hearts, nurturing creativity and storytelling in children. These events promoted multicultural awareness, personal growth, and healing through accessible, inclusive art-making experiences

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 59
  • Sustainability: 77
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.5%; rating input score 38
  • Program expense ratio: 95.9%; rating input score 96
  • Fundraising efficiency: $31.73 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 40%; rating input score 40; 15th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60.8%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 37.5% of revenue deployed · 95.9% of spending went to programs
  • Governance: 2 of 5 board members independent · 6 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $132K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.