Asheville Latin Americans For Advancement Society -alas is a 501(c)(3) organization based in Asheville, North Carolina, registered in 2008, with $7,439 in FY2018 revenue. CharityIndex grades it C+.
Revenue (FY2018)
$7,439
▼ 43.1% vs prior year
Human Services median: $293K
Expenses (FY2018)
$6,322
Net assets
$11K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Asheville Latin Americans For Advancement Society -alas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Asheville Latin Americans For Advancement Society -alas: 21 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Asheville Latin Americans For Advancement Society -alas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Asheville Latin Americans For Advancement Society -alas: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $6,884 (FY2016) to $7,439 (FY2018) across 3 reported years.
Financial snapshot
Operating margin
15.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11K
Total liabilities
$0
Net assets
$11K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $7,439▼43.1% | $6,322▲6.7% | $11,202▲56.7% | $11,202▼12.9% | 990EZ |
| 2017 | $13,073▲89.9% | $5,925▼22.0% | $7,148▲38.9% | $12,866▲150% | 990EZ |
| 2016 | $6,884 | $7,601 | $5,145 | $5,145 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Asheville Latin Americans For Advancement Society -alas totaling $91K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $10,676 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $6,788 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $16,287 |
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2022 | $15,500 |
| American Endowment Foundation | Educational | 2022 | $5,000 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $8,662 |
| Mightycause Charitable Foundation | Unrestricted | 2020 | $12,329 |
| American Endowment Foundation | Programs | 2020 | $5,000 |
| Mightycause Charitable Foundation | Unrestricted | 2018 | $5,164 |
| Mightycause Charitable Foundation | Unrestricted | 2017 | $5,164 |
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Data for Asheville Latin Americans For Advancement Society -alas (EIN 20-0687542) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.