Nonprofit · EIN 75-3197031
ALFANAR INC US
Tax-exempt · NEWTON, MA 02461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $249,692 | $235,029 | $14,663 | $81,046 | $323 | $80,723 |
| December 31, 2023 | 990 | $271,110 | $385,734 | -$114,624 | $66,060 | $0 | $66,060 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $249,692
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $227,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,841
- Accounting fees
- $4,000
- Program services (functional)
- $227,000
- Management and general (functional)
- $8,029
Balance sheet and other
- Total assets, start of year
- $66,060
- Total assets, end of year
- $81,046
- Total liabilities, end of year
- $323
- Net assets, end of year
- $80,723
- Net assets without donor restrictions
- $80,723
- Gross receipts
- $249,692
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- MA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRETCHEN WELCH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CYNTHIA OAKES | TREASURER Trustee or director, Officer | 2 | $0 |
| MARK HUANG | CLERK Trustee or director, Officer | 1 | $0 |
| CAROL PRENDERGAST | DIRECTOR Trustee or director | 1 | $0 |
| HADIA GHANDOUR | DIRECTOR Trustee or director | 1 | $0 |
| MAHA ELTOGBY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRETCHEN WELCH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CYNTHIA OAKES | TREASURER Trustee or director, Officer | 2 | $0 |
| MARK HUANG | CLERK Trustee or director, Officer | 1 | $0 |
| CAROL PRENDERGAST | DIRECTOR Trustee or director | 1 | $0 |
| HADIA GHANDOUR | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1150 WALNUT ST, NEWTON, MA 02461-1229
- In care of
- % HURWIT & ASSOCIATES
- Mailing address (990-N for 2007)
- 1150 Walnut Street, Newton MA 02461
- Principal officer (990 for 2024)
- GRETCHEN WELCH, 1150 WALNUT STREET, NEWTON, MA 02461
- Principal officer (990-N for 2007)
- Tarek Ben Halim, 31 South Terrace, London SW7 2TB, UK
- Signed the 990
- GRETCHEN WELCH, PRESIDENT
- Phone
- (617) 630-6900
- Return prepared by
- HUGHES AND COMPANY PC
Mission
ALFANAR, INC., US HELPS CHILDREN, YOUTH AND WOMAN ACCESS THE EDUCATION, EMPLOYMENT AND EMPOWERMENT NEEDED TO LEAD DIGNIFIES AND PRODUCTIVE LIVES. WE DO THIS BY PROVIDING FUNDING TO OUR AFFILIATE ALFANAR (UK REGISTERED CHARITY) WHICH PROVIDES TAILORED FUNDING AND HIGH MANAGEMENT SUPPORT TO AMBITIOUS SOCIAL ENTERPRISES, HELPING THEM TO ACHIEVE LASTING SOCIAL CHANGE IN THEIR COMMUNITIES. SPECIAL FOCUS IS GIVEN TO ORGANIZATIONS THAT IMPROVE CHILDREN'S EDUCATION AND WOMEN'S ECONOMIC EMPOWERMENT.
Program accomplishments
- IN 2024 ALFANAR, INC., US FULFILLED ITS MISSION TO SUPPORT THE EDUCATION, EMPLOYMENT AND EMPOWERMENT OF VULNERABLE INDIVIDUALS BY SUPPORTING THE VENTURE PHILANTHROPY WORK OF ALFANAR BY WAY OF FOUR GRANTS. THESE GRANTS WERE MADE IN SUPPORT OF ALFANAR'S GENERAL OPERATIONS, WHICH INCLUDES VETTING, CONDUCTING DUE DILIGENCE ON AND MANAGING VENTURE PHILANTHROPY GRANTS TO SUPPORT ALFANAR'S INVESTMENTS IN WIDOW AND REFUGEE EMPOWERMENT. ALFANAR, INC., US'S SUPPORT IS INTEGRAL TO ENABLING ALFANAR TO MONITOR THE PROGRESS AND IMPACT OF A PORTFOLIO OF OVER 20 SOCIAL ENTERPRISES ACROSS EGYPT, LEBANON AND REFUGEE COMMUNITIES. THE DISBURSED GRANTS WERE SENT EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES AS DEFINED UNDER THE INTERNAL REVENUE CODE. THE FOUR GRANTS TOTALLED $227,000.Expenses $227,000 · grants $227,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-3197031
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $81,046
- Income (IRS master file)
- $249,692
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $249,692 | $235,029 | $81,046 | XML |
| 990 | December 2023 | $271,110 | $385,734 | $66,060 | XML |
| 990 | December 2022 | $497,431 | $419,371 | $181,684 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2007 Officer: Tarek Ben Halim | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 75-3197031).
Questions about ALFANAR INC US
- What is the EIN of ALFANAR INC US?
- The employer identification number (EIN) of ALFANAR INC US is 75-3197031.
- Is ALFANAR INC US tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to ALFANAR INC US tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALFANAR INC US file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALFANAR INC US 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 ALFANAR INC US last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ALFANAR INC US?
- The 990 for the year ended December 31, 2024 names GRETCHEN WELCH.
- Who are the officers and directors of ALFANAR INC US?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does ALFANAR INC US have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $249,692, expenses of $235,029 and total assets of $81,046 at year end.
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