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ALCOVETS INC

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Public IRS 990 nonprofit record

ALCOVETS INC

EIN 82-5304445 · Single Organization Support (B11)

No paid report availableWe do not sell postcard or incomplete reports.

What they do

WE ARE DEDICATED to RAISING MONEY to HONOR and ASSIST LOCAL VETERANS of ALAMANCE COUNTY THAT ARE IN NEED. THIS ORGANIZATION IN ITS ACTIVITIES SHALL BE NON-PARTISAN, NON-SECTIONAL, NON-SECTARIAN and SHALL NOT TAKE PART IN NOR LEND INFLUENCE to THE ELECTION or APPOINTMENT of ANY CANDIDATES for STATE, COUNTY or ANY OTHER PUBLIC OFFICE. ALCOVETS, INC. is A NON-PROFIT and SHALL OPERATE EXCLUSIVELY for EDUCATION and CHARITABLE PURPOSES WITHIN THE MEANING of SECTION 501(3) of THE INTERNAL REVENUE CODE or THE CORRESPONDING SECTION of ANY FUTURE FEDERAL TAX CODE.

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $41.10 was reported for mission work and $51.30 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.1%of expenses went to mission workForm 990 program services
7.6%of expenses went to managementOffice and general costs
51.3%of expenses went to fundraisingCosts of asking for donations

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A quick look at the charity’s latest reported finances. The available records are too limited for us to sell a complete report.

Revenue$179,169
Expenses$139,805
Assets$319,576

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services41.1%of expenses
ManagementOffice and general costs7.6%of expenses
FundraisingAsking for donations51.3%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

Pause before giving. This filing reports that 51.3% of spending went to fundraising and 41.1% went to mission work. Ask the charity to explain these numbers and show recent results.

About this charity

Recognized since
January 2019
Location
PO BOX 872, GRAHAM, NC 27253-0872
County
Alamance
In care of
WILLIAM G TALLEY

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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