LHousing & ShelterEIN: 223662556· Ruling Year: 2000

Alfa Development Inc

Newfoundland, New Jersey

AHealth Score
87A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.06×
Peer Median12.01×
💰
$20.5M
Total Revenue
📊
$17.0M
Total Expenses
🏦
$18.0M
Net Assets
📋
$920K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.0%
Year-over-year change (2022 → 2023)
Net Margin
+17.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
4.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$20,496,2545%$17,009,39919%$18,901,05511%
2022$19,511,77920%$14,295,9636%$16,980,93736%
2021$16,200,87413%$13,483,0118%$12,469,43828%
2020$14,378,04458%$12,476,56181%$9,739,11953%
2019$9,127,56945%$6,876,87046%$6,360,894108%
2018$6,299,60036%$4,698,3432%$3,063,28692%
2017$4,638,8278%$4,625,5557%$1,598,523
2015$4,309,72916%$4,314,55122%$1,591,9443%
2014$3,710,79010%$3,535,68714%$1,648,0944%
2013$3,372,77313%$3,097,24912%$1,589,90119%
2012$2,988,48017%$2,770,8031%$1,338,78719%
2011$2,550,572$2,732,690$1,122,557

Frequently Asked Questions

What does Alfa Development Inc do?

Alfa Development Inc is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Alfa Development Inc financially healthy?

Based on our 9-metric Financial Health Score model, Alfa Development Inc has a score of 87/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Alfa Development Inc generate?

Alfa Development Inc reports $18.8M in annual revenue and holds $16.6M in total assets, based on IRS filings.

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