CSCharityScored
89

Alfa Development Inc

Human Services · Newfoundland, New Jersey

39 Oak Ridge Rd, Newfoundland, NJ 07435-1403

EIN: 223662556· Founded: Feb 2000· 26 years active· Filing Year: 2023

Annual Revenue

$20.5M

Total Expenses

$17.0M

Total Assets

$18.9M

Program Spending

106%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$510K

3.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$9.8M

Total Payroll

$10.3M

60% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 60%
Other overhead: -6%
Program Revenue$18.0M (88%)
Total Expenses$17.0M (83%)
Payroll$10.3M (60%)
Overhead (non-program)-6%

Trust Score Breakdown

Program Spending Ratio

106% of expenses go to programs

40%

Revenue & Stability

$20.5M annual revenue

15%

Executive Compensation

$510K total officer comp (3.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$18.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.