Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 415,894 | 1,080,184 | 1,294,465 | 1,810,653 | 1,750,615 | 6,351,811 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 415,894 | 1,080,184 | 1,294,465 | 1,810,653 | 1,750,615 | 6,351,811 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 1,414,905 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 4,936,906 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 415,894 | 1,080,184 | 1,294,465 | 1,810,653 | 1,750,615 | 6,351,811 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 582 | 675 | 1,257 | |||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 2,900 | 2,900 | ||||
| 11 | Total support. Add lines 7 through 10 | 6,355,968 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|---|
| PART II, LINE 10 | OTHER INCOME 2,900 |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | WE ARE ALX IS DEDICATED TO ADVANCING THE ECONOMIC AND SOCIAL PROSPERITY OF THE LATINO COMMUNITY IN MASSACHUSETTS AND BEYOND. OUR MISSION IS TO FOSTER AN INCLUSIVE AND EQUITABLE SOCIETY WHERE UNDERREPRESENTED ENTREPRENEURS AND LEADERS CAN THRIVE. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE ORGANIZATION HAS BUILT A NETWORK OF OVER 10K INDIVIDUALS AND THE PROGRAMS AMPLIFY ECONOMIC, LEADERSHIP, AND POLICY OUTCOMES WHILE FORTIFYING COMMUNITY FOUNDATIONS AND INFRASTRUCTURAL ECOSYSTEMS. ECONOMIC PROSPERITY IS WHERE LATINO ENTREPRENEURS AND BUSINESSES INTERSECT WITH THE RESOURCES AND SUPPORT PROVIDED BY ALX TO BUILD GENERATIONAL WEALTH AND POWER ECONOMIC GROWTH AND OPPORTUNITY. THROUGH CULTURALLY-RELEVANT PROGRAMS AND STRATEGIC SUPPORT, WE EMPOWER LATINO-OWNED BUSINESSES TO OVERCOME BARRIERS, ACCESS CAPITAL, AND SCALE SUSTAINABLY. BY CHAMPIONING ECONOMIC GROWTH, WE ARE INVESTING IN A HIGHLY-SKILLED AND INCREASINGLY DIVERSE WORKFORCE- STRENGTHENING THE ECONOMIC FUTURE OF MASSACHUSETTS FOR EVERYONE. LEADERSHIP AND REPRESENTATION DRIVE TRANSFORMATIVE CHANGE, WHERE LATINO VOICES CONVERGE WITH VISIBILITY AND INFLUENCE TO SHAPE A MORE EQUITABLE FUTURE. BY ELEVATING EMERGING AND ESTABLISHED LEADERS AND AMPLIFYING LATINO AMERICAN IMPACT THROUGH PLATFORMS LIKE THE ALX100, ALX TALKS, AND DIGITAL VISIBILITY CAMPAIGNS, WE SHINE A SPOTLIGHT ON THE TALENT AND POWER WITHIN OUR COMMUNITY. THROUGH OUR LEADERSHIP AND VISIBILITY EFFORTS, WE ARE RESHAPING NARRATIVES AND FOCUSING ON THE POSITIVE IMPACT LATINO AMERICANS ARE MAKING TODAY POLICY AND ADVOCACY ARE WHERE LATINO COMMUNITY NEEDS AND SYSTEMIC CHANGE MEET, WITH ALX CHAMPIONING POLICIES THAT MAKE MASSACHUSETTS MORE COMPETITIVE AND EQUITABLE. ALX HAS VERY STRONG RELATIONSHIPS WITHIN THE LATINO COMMUNITY AND MASSACHUSETTS GOVERNMENT- MAKING US UNIQUELY QUALIFIED TO BRIDGE GAPS IN A CULTURALLY-RELEVANT AND EFFECTIVE MANNER. THROUGH COLLABORATION WITH COALITIONS AND PARTNERS, WE TRANSFORM ADVOCACY INTO ACTION, CREATING LASTING IMPACT THAT STRENGTHENS THE SOCIAL AND ECONOMIC FABRIC OF MASSACHUSETTS. 2024 ACHIEVEMENT HIGHLIGHTS THE ALX BUSINESS PROGRAM SURPASSED ITS 2024 GOALS BY 145%, SUPPORTING MORE THAN 300 BUSINESSES WITH NEARLY 4,000 HOURS OF EXPERT BILINGUAL STRATEGIC GUIDANCE. THE SECOND ANNUAL ALX100 CELEBRATION RECOGNIZED 100 INFLUENTIAL LATINO LEADERS FROM A POOL OF 600 NOMINEES AND FEATURED A NEW SCULPTURE THAT TRAVELED STATEWIDE TO HONOR THEIR CONTRIBUTIONS TO MASSACHUSETTS. WE ARE ALX DOUBLED ITS TEAM SIZE, ENABLING BROADER OUTREACH AND A DEEPER IMPACT ACROSS MASSACHUSETTS. THE LATINO STARTUP HUB PITCH COMPETITION RECEIVED NEARLY 100 APPLICATIONS AND AWARDED FIVE NEW ENGLAND ENTREPRENEURS A SHARE OF 35,000, PROVIDING THEM A PLATFORM TO SHOWCASE THEIR INNOVATIONS WHILE ALLOWING THEM TO PRESERVE THEIR CAPITAL. THE ALX BUSINESS PROGRAM DELIVERED MORE THAN 50 BILINGUAL AND CULTURALLY-TAILORED WORKSHOP HOURS TO 200+ PARTICIPANTS ON TOPICS SUCH AS GOVERNMENT CONTRACTING, TRANSFORMING CHILDCARE BUSINESSES, ADVANCING WITH AI, AND OTHER DIGITAL MARKETING TACTICS. THE ALX POLICY SUMMIT BROUGHT TOGETHER LEADERS TO ADDRESS MICRO BUSINESSES AND SCALABILITY- FOCUSING ON THEIR IMPACT ON ECONOMIC PROSPERITY IN MASSACHUSETTS. THE 2024 ALX BUSINESS SUMMIT INTRODUCED ALX TALKS, DELIVERING DYNAMIC STORIES, TRANSFORMATIVE STRATEGIES, AND INVALUABLE INSIGHTS TO ENTREPRENEURS FOR GREATER IMPACT AND GROWTH. OUR CHILDCARE INITIATIVE SUPPORTED CHILDCARE PROVIDERS IN MASSACHUSETTS, SUCCESSFULLY ADVOCATING FOR POLICY CHANGES AND INCREASED RESOURCES TO BENEFIT MORE THAN 1300 FAMILIES THROUGH THE ALX CHILDCARE PROGRAM . ALX BUSINESS ROUNDTABLES: WE FACILITATED KEY DISCUSSIONS WITH MASSACHUSETTS GOVERNMENT LEADERS AND LATINO AMERICAN ENTREPRENEURS, SIGNIFICANTLY ENHANCING ACCESS TO CAPITAL AND LEGISLATIVE SUPPORT, FOSTERING A MORE INCLUSIVE AND PROSPEROUS ECONOMIC LANDSCAPE FOR THE COMMONWEALTH. ALX ADVANCED ITS POLICY WORK, SUPPORTING STATEWIDE BILLS ADDRESSING RESOURCES FOR MICRO BUSINESSES, TUITION EQUITY, CLOSING WEALTH GAPS, AND EQUITABLE PROCUREMENT IN MASSACHUSETTS- CONTRIBUTING TO THE PASSAGE OF KEY LEGISLATION IMPACTING LATINO AMERICAN BUSINESS OWNERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | BOARD ELECTIONS ARE HELD ANNUALLY WITH A FULL BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 7B | ALL DECISIONS THAT NEED BOARD APPROVAL ARE VOTED ON AT BOARD MEETINGS AND DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | BOARD REVIEWS AND APPROVES 990 PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUAL DISCLOSURE REQUIRED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | SALARY APPROVED BY BOARD OF DIRECTORS BASED ON A BENCHMARK REVIEW CONDUCTED BY AN OUTSIDE CONSULTANT AND BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SALARY APPROVED BY BOARD OF DIRECTORS BASED ON A BENCHMARK REVIEW CONDUCTED BY AN OUTSIDE CONSULTANT AND BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTANTS 182,455 90,824 3,600 ALX 100 CONSULTING 0 0 34,327 TOTAL 182,455 90,824 37,927 |
| FORM 990, PART XI, LINE 9 | EVENT EXPENSES NETTED FOR 990 132,658 EVENT EXPENSES NETTED FOR 990 -132,658 |
| Software ID: | |
| Software Version: |