Gang Alternative Inc
Gang Alternative Inc shows strong financial growth and high program spending, with unusual officer compensation reporting.
EIN: 202630595 · North Miami, FL · NTEE: O50 · Updated: 2026-03-28
Is Gang Alternative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gang Alternative Inc directs 84% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gang Alternative Inc
Gang Alternative Inc (EIN: 202630595) is a nonprofit organization based in North Miami, FL, classified under NTEE code O50. The organization reported total revenue of $11.7M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gang Alternative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gang Alternative Inc is a large nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 47.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.8M |
| Total Expenses | $9.3M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $5.5M |
| Total Liabilities | $1.5M |
| Net Assets | $4.0M |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Gang Alternative Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2008–2023), Gang Alternative Inc's revenue has grown at a compound annual growth rate (CAGR) of 47.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | +18.1% | +24.2% |
| 2022 | +19.9% | +16.8% | +105.0% |
| 2021 | +16.3% | +14.3% | +17.2% |
| 2020 | +14.6% | +15.7% | +68.8% |
| 2019 | +4.8% | +6.9% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Gang Alternative Inc with a Mission Score of 85 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: 84%
- fundraising: 6%
According to IRS 990 filings, Gang Alternative Inc allocates its expenses as follows: admin: 10%, programs: 84%, fundraising: 6%. With 84% 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all available periods. This is highly unusual for an organization of its size with over $10 million in revenue and suggests that executive compensation may be reported under different categories or that the organization operates with an entirely volunteer executive leadership, which would be exceptional.
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.
Red Flags
The following concerns were identified during AI analysis of Gang Alternative Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and revenue, potentially indicating a lack of transparency in executive pay reporting.
- Significant increase in liabilities from $275,874 in 2021 to $1,535,459 in 2023, warranting scrutiny to ensure it's for strategic growth and not operational issues.
Strengths
The following positive indicators were identified for Gang Alternative Inc:
- Exceptional revenue growth from $1.4 million in 2014 to over $10.7 million in 2023, demonstrating increasing support and impact.
- High program spending ratio, with approximately 84.2% of expenses directed to program services in 2023, indicating strong mission focus.
- Consistent growth in assets, from $159,976 in 2014 to $5,544,110 in 2023, reflecting sound financial management and capacity building.
- Positive net assets and manageable liabilities relative to assets, indicating a healthy balance sheet.
- Consistent filing of IRS 990 forms over 14 periods, demonstrating a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Gang Alternative Inc
Is Gang Alternative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gang Alternative Inc (EIN: 202630595) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Gang Alternative Inc spend its money?
Gang Alternative Inc directs 84% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gang Alternative Inc tax-deductible?
Gang Alternative Inc is registered as a tax-exempt nonprofit (EIN: 202630595). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How is executive leadership compensated if 'Officer Comp' is consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all 14 filings, despite significant revenue growth, suggests that executive compensation might be categorized differently within the IRS 990 (e.g., as salaries for key employees not classified as officers) or that the organization's top leadership is entirely volunteer-based. This requires further clarification from the organization.
What is the specific breakdown of program service expenses for the latest fiscal year?
For the 2023 fiscal year, Gang Alternative Inc reported $7,800,000 in program service expenses out of total expenses of $9,265,692. This represents approximately 84.2% of total expenses, indicating a strong focus on its mission.
What is the organization's strategy for managing its increasing liabilities, which grew from $275,874 in 2021 to $1,535,459 in 2023?
While liabilities have increased, they remain well-covered by the organization's growing assets. In 2023, assets were $5,544,110 against liabilities of $1,535,459, indicating a healthy financial position. The organization should ensure this growth in liabilities is tied to strategic investments or program expansion rather than operational deficits.
Filing History
IRS 990 filing history for Gang Alternative Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), Gang Alternative Inc's revenue has grown by 35268.5%, moving from $30K to $10.8M. Total assets increased by 106272% over the same period, from $5K to $5.5M. Total functional expenses rose by 35984.2%, from $26K to $9.3M. In its most recent filing year (2023), Gang Alternative Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $5.5M in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.8M | $9.3M | $5.5M | $1.5M | — | View 990 |
| 2022 | $8.4M | $7.8M | $4.5M | $2.0M | — | View 990 |
| 2021 | $7.0M | $6.7M | $2.2M | $276K | — | View 990 |
| 2020 | $6.1M | $5.9M | $1.9M | $937K | — | View 990 |
| 2019 | $5.3M | $5.1M | $1.1M | $364K | — | View 990 |
| 2018 | $5.0M | $4.8M | $809K | $280K | — | View 990 |
| 2017 | $3.6M | $3.5M | $502K | $264K | — | View 990 |
| 2016 | $2.8M | $2.7M | $369K | $201K | — | View 990 |
| 2015 | $2.0M | $2.0M | $289K | $224K | — | View 990 |
| 2014 | $1.4M | $1.4M | $160K | $112K | — | View 990 |
| 2013 | $1.0M | $986K | $63K | $14K | — | View 990 |
| 2012 | $667K | $649K | $29K | $13K | — | View 990 |
| 2011 | $303K | $302K | $21K | $17K | — | View 990 |
| 2008 | $30K | $26K | $5K | $434 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.8M, expenses of $9.3M, and assets of $5.5M (revenue +27.5% year-over-year).
- 2022: Revenue of $8.4M, expenses of $7.8M, and assets of $4.5M (revenue +19.9% year-over-year).
- 2021: Revenue of $7.0M, expenses of $6.7M, and assets of $2.2M (revenue +16.3% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.9M, and assets of $1.9M (revenue +14.6% year-over-year).
- 2019: Revenue of $5.3M, expenses of $5.1M, and assets of $1.1M (revenue +4.8% year-over-year).
- 2018: Revenue of $5.0M, expenses of $4.8M, and assets of $809K (revenue +38.8% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.5M, and assets of $502K (revenue +30.7% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.7M, and assets of $369K (revenue +38.8% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $289K (revenue +39.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $160K (revenue +40.5% year-over-year).
- 2013: Revenue of $1.0M, expenses of $986K, and assets of $63K (revenue +52.7% year-over-year).
- 2012: Revenue of $667K, expenses of $649K, and assets of $29K (revenue +120.1% year-over-year).
- 2011: Revenue of $303K, expenses of $302K, and assets of $21K (revenue +895.0% year-over-year).
- 2008: Revenue of $30K, expenses of $26K, and assets of $5K.
Data Sources and Methodology
This transparency report for Gang Alternative 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.