Skip to main content

Nonprofit · EIN 63-1188643

ALPHA FOUNDATION INC

Tax-exempt · HUNTSVILLE, AL 35801

Financials

$3M$2.9M2023$4.1M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of ALPHA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$4,126,948$3,368,890$758,058$47,111,906$490,901$46,621,005
December 31, 2023990-PF$2,961,613$2,945,174$16,439$45,897,947$20,000$45,877,947
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,124,121
Interest
$108,072
Net gain from sales of assets
$2,790,247
Other income
$104,508

Expenses

Grants and similar amounts paid
$2,898,605
Salaries, compensation and benefits (total)
$70,615
Disbursements for charitable purposes
$2,898,605
Excise tax on investment income
$12,546

Balance sheet and other

Total assets, start of year
$45,897,947
Total assets, end of year
$47,111,906
Total liabilities, end of year
$490,901
Net assets, end of year
$46,621,005
Fair market value of assets
$58,292,864
Qualifying distributions
$2,898,605
Net investment income
$1,372,872

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MEAGAN S OWENS
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
STRATEGIC GI
Highest-paid employee
40$70,615
JOHN WYNN
2101 CLINTON AVENUE, HUNTSVILLE, AL 35805
SECRETARY1$0
HELEN W MCMILLIAN
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
BARBARA M FISK
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
EMILY M ROBERTSON
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
SUSAN CAMPBELL
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
ROBERT KEY
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
PRESIDENT1$0
GLYNDA CAVALCANTI
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
TREASURER1$0
LONNIE KEY
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
KELLY HAMLIN
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
OWEN WHITEHEAD
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOHN WYNN
2101 CLINTON AVENUE, HUNTSVILLE, AL 35805
SECRETARY1$0
HELEN W MCMILLIAN
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
BARBARA M FISK
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
EMILY M ROBERTSON
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
SUSAN CAMPBELL
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
ROBERT KEY
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
PRESIDENT1$0
GLYNDA CAVALCANTI
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
TREASURER1$0
LONNIE KEY
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
KELLY HAMLIN
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0
OWEN WHITEHEAD
601 GENOME WAY STE 4119, HUNTSVILLE, AL 35806
DIRECTOR1$0

Address and contacts

Address (IRS master file)
303 WILLIAMS AVE SW STE 129, HUNTSVILLE, AL 35801-6001
In care of
% JOHN R WYNN
Signed the 990-PF
ROBERT KEY, PRESIDENT
Phone
(256) 837-4989
Return prepared by
MELVIN BIBB SEGARS & ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
63-1188643
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$47,111,906
Income (IRS master file)
$74,186,615

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,126,948$3,368,890$47,111,906XML
990-PFDecember 2023$2,961,613$2,945,174$45,897,947XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 63-1188643).

Questions about ALPHA FOUNDATION INC

What is the EIN of ALPHA FOUNDATION INC?
The employer identification number (EIN) of ALPHA FOUNDATION INC is 63-1188643.
Is ALPHA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to ALPHA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALPHA FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ALPHA FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALPHA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ALPHA FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $70,615 (MEAGAN S OWENS, STRATEGIC GI).
How much revenue does ALPHA FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,126,948, expenses of $3,368,890 and total assets of $47,111,906 at year end.

Other nonprofits in HUNTSVILLE

All nonprofits in HUNTSVILLE · Alabama · Philanthropy, voluntarism and grantmaking foundations