Altra Foundation Inc
Altra Foundation Inc shows consistent asset growth and no reported officer compensation over a decade.
EIN: 202555956 · Onalaska, WI · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $61K |
| Program Spending | 90% |
| Net Assets | $280K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Altra Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Altra Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Altra Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $106K and expenses of $61K.
Revenue and Expenses
Altra Foundation Inc reported $106K in revenue and $61K in expenses, a surplus of $45K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Altra Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $55K (90%) |
Across stored filings, Altra Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with National Tribal Childs Support Association | Wisconsin and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Onalaska, WI nonprofitsEducation in Wisconsin
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Altra Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Altra Foundation Inc
Altra Foundation Inc (EIN: 202555956) is a nonprofit organization based in Onalaska, WI, classified under NTEE code B82. The organization reported total revenue of $118K and total assets of $386K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altra Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altra Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $61K |
| Surplus / Deficit | +$45K |
| Total Assets | $280K |
| Net Assets | $280K |
| Operating Margin | 42.3% |
| Months of Reserves | 54.9 months |
Financial Health Grade: A
In 2023, Altra Foundation Inc reported a surplus of $45K with revenue exceeding expenses, holds 54.9 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Altra Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.1% | +2.0% | +23.0% |
| 2022 | +25.2% | +13.2% | +2.6% |
| 2021 | +6.1% | +16.1% | -0.2% |
| 2020 | -5.9% | +60.3% | +1.8% |
| 2019 | +7.3% | -27.0% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Altra Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Altra Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which significantly reduces administrative costs relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Altra Foundation Inc:
- Consistent asset growth, from $101,853 in 2014 to $279,863 in 2023.
- Zero reported liabilities across all ten filing periods, indicating strong financial stability.
- 0% officer compensation reported in all filings, suggesting high efficiency and potentially volunteer leadership.
- Positive revenue-to-expense ratio in most years, leading to healthy surpluses and asset accumulation.
- Significant revenue increase in the latest period (2023) to $105,928 from $65,743 in 2022.
Frequently Asked Questions about Altra Foundation Inc
Is Altra Foundation Inc a legitimate charity?
Altra Foundation Inc (EIN: 202555956) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $118K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Altra Foundation Inc spend its money?
Altra Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Altra Foundation Inc tax-deductible?
Altra Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202555956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Altra Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Altra Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Altra Foundation Inc located?
Altra Foundation Inc is headquartered in Onalaska, Wisconsin and files with the IRS under EIN 202555956. It is classified under NTEE code B82.
How many years of IRS 990 filings does Altra Foundation Inc have?
Altra Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $118K in total revenue.
Is Altra Foundation Inc a good charity?
Based on the available IRS 990 data, Altra Foundation Inc appears to be a well-managed and financially healthy organization. It demonstrates consistent asset growth, a strong revenue-to-expense ratio, and no reported officer compensation, all of which are positive indicators of efficiency and dedication to its mission.
How has Altra Foundation Inc's financial health changed over time?
Altra Foundation Inc has shown consistent financial improvement over the past decade. Its assets have nearly tripled from $101,853 in 2014 to $279,863 in 2023, and revenue has generally trended upwards, with a notable increase to $105,928 in 2023 from $49,718 in 2014.
What is Altra Foundation Inc's approach to executive compensation?
Altra Foundation Inc reports 0% officer compensation in all available filings, suggesting a commitment to minimizing administrative overhead by not compensating its officers directly through the reported channels, or relying on volunteer leadership.
Filing History
IRS 990 filing history for Altra Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Altra Foundation Inc's revenue has grown by 113.1%, moving from $50K to $106K. Total assets increased by 174.8% over the same period, from $102K to $280K. Total functional expenses rose by 58.1%, from $39K to $61K. In its most recent filing year (2023), Altra Foundation Inc reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $61K | $280K | $0 | — | View 990 |
| 2022 | $66K | $60K | $228K | $0 | — | View 990 |
| 2021 | $52K | $53K | $222K | $0 | — | View 990 |
| 2020 | $49K | $46K | $222K | $0 | — | View 990 |
| 2019 | $53K | $28K | $218K | $0 | — | View 990 |
| 2018 | $49K | $39K | $194K | $0 | — | View 990 |
| 2017 | $55K | $34K | $184K | $0 | — | View 990 |
| 2016 | $63K | $26K | $163K | $0 | — | View 990 |
| 2015 | $54K | $29K | $126K | $0 | — | View 990 |
| 2014 | $50K | $39K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $61K, and assets of $280K (revenue +61.1% year-over-year).
- 2022: Revenue of $66K, expenses of $60K, and assets of $228K (revenue +25.2% year-over-year).
- 2021: Revenue of $52K, expenses of $53K, and assets of $222K (revenue +6.1% year-over-year).
- 2020: Revenue of $49K, expenses of $46K, and assets of $222K (revenue -5.9% year-over-year).
- 2019: Revenue of $53K, expenses of $28K, and assets of $218K (revenue +7.3% year-over-year).
- 2018: Revenue of $49K, expenses of $39K, and assets of $194K (revenue -11.2% year-over-year).
- 2017: Revenue of $55K, expenses of $34K, and assets of $184K (revenue -11.8% year-over-year).
- 2016: Revenue of $63K, expenses of $26K, and assets of $163K (revenue +16.4% year-over-year).
- 2015: Revenue of $54K, expenses of $29K, and assets of $126K (revenue +8.1% year-over-year).
- 2014: Revenue of $50K, expenses of $39K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altra Foundation Inc:
Data Sources and Methodology
This transparency report for Altra Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.