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Massachusetts · Nonprofit

WE ARE ALX INC

WE ARE ALX INC (Massachusetts) receives grants from 28 organizations whose IRS filings report $2,415,591 to it, the largest being BARR FOUNDATION ($750,000). 12 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
28
Grants received
$2.4M
Net assets
$307k
12/28 repeat funderspeak grant-dependency 51%
01What it does

What We Are Alx Inc does

Mission

We are alx is a statewide nonprofit organization dedicated to strengthening economic mobility, leadership representation, and long-term prosperity across massachusetts by advancing latino entrepreneurship, workforce participation, civic leadership, and economic inclusion.

As stated on its FY2025 Form 990.

Program

  1. The organization operates at the intersection of economic competitiveness and community advancement, working to ensure that latino individuals, entrepreneurs, and families are fully positioned to participate and contribute to the commonwealth's economic future. Through leadership development, small business support, strategic covenings, research, ecosystem building, and cross-sector partnerships, we are alx advances solutions designed to strengthen both individual and broader statewide economic vitality. The organization has built a network of over 10k individuals and the programs amplify economic, leadership, and policy outcomes while fortifying community foundations and infrastructural ecosystems. Economic prosperity is where latino entrepreneurs and businesses intersect with the resources and support provided by alx to build generational wealth and power economic growth and opportunity. Through culturally-relevant programs and strategic support, we empower latino-owned businesses to overcome barriers, access capital, and scale sustainably. By championing economic growth, we are investing in a highly-skilled and increasingly diverse workforce- strengthening the economic future…

    $1,212,828 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,212,828.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($498k) Expenses 100 ($121k) Net assets 100 ($376k)2019 Revenue 61 ($306k) Expenses 301 ($365k) Net assets 84 ($317k)2020 Revenue 84 ($417k) Expenses 370 ($450k) Net assets 75 ($283k)2021 Revenue 217 ($1.1M) Expenses 505 ($613k) Net assets 199 ($750k)2022 Revenue 260 ($1.3M) Expenses 1095 ($1.3M) Net assets 190 ($715k)2023 Revenue 318 ($1.6M) Expenses 1341 ($1.6M) Net assets 178 ($668k)2024 Revenue 327 ($1.6M) Expenses 1908 ($2.3M) Net assets -5 ($-19828)2025 Revenue 479 ($2.4M) Expenses 1694 ($2.1M) Net assets 82 ($307k)
'18'19'20'21'22'23'24'25
Revenue (479)Expenses (1694)Net assets (82)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $293k to $764k (+161%).

$380k
$330k
$293k
$764k
$841k
$775k
$580k
$421k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 6% · 2019 39% · 2020 36% · 2021 14% · 2022 27% · 2023 36% · 2024 42% · 2025 39%. Grants only. Government contracts and fees sit inside program revenue.

100% of WE ARE ALX INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$376k
’18
−$60k
’19
−$33k
’20
$467k
’21
−$35k
’22
−$47k
’23
−$688k
’24
$327k
’25
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Cynthia Izzo

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed3981010101514
Joined·+6+0+3+3+3+5+4
No longer listed·0113305
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 10 funders, grant income rose $10k → $806k.

8 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WE ARE ALX INC’s funders (the co-funder graph). Top 27 of 28 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WE ARE ALX INC has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

54% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WE ARE ALX INC.

31%
largest funder
67%
top three
~6
effective funders

Largest funder’s share by year: 2019 50% · 2020 49% · 2021 38% · 2022 82% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of WE ARE ALX INC's funders are still giving 3 years after their first grant; 43% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

89% of WE ARE ALX INC's grant income comes from Massachusetts funders.

ME
NH
NY
MA
NJ
CA

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WE ARE ALX INC has grown faster than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin14% · above the median
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like WE ARE ALX INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

59% of spending goes to programs.

Program 59%Management 26%Fundraising 15%

Governance

11
board members
91%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for WE ARE ALX INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WE ARE ALX INC?
WE ARE ALX INC (Massachusetts) receives grants from 28 organizations whose IRS filings report $2,415,591 to it, the largest being BARR FOUNDATION ($750,000). 12 of them have funded it in more than one year.
How many funders does WE ARE ALX INC have?
IRS filings report 28 organizations giving $2,415,591 in grants to WE ARE ALX INC, 12 of which have funded it in more than one year.
Who is the largest funder of WE ARE ALX INC?
BARR FOUNDATION is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
How can an organization like WE ARE ALX INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds We Are Alx →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing