Civic Intelligence

Alabama Asset Building Coalition

990 • Fiscal year 2016 • EIN 27-0193257

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization Profilewww.alabamaabc.org
201 Beacon Parkway West No 207Birmingham, AL 35209

(334) 207-2743

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-67%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$226,238

Down $38,661 (-15%) from 2015

Net Assets

Down

$220,685

Down $44,098 (-17%) from 2015

Liabilities

Up

$5,553

Up $5,437 (+4687%) from 2015

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin12th percentile

Revenue

Down

$148,208

Down $302,920 (-67%) from 2015

Expenses

Down

$192,306

Down $149,162 (-44%) from 2015

Net Income

Down

-$44,098

Down $153,758 (-140%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $29,008Liabilities 2010: $0Net Assets 2010: $29,0082010Assets 2011: $35,749Liabilities 2011: $0Net Assets 2011: $35,7492011Assets 2012: $84,387Liabilities 2012: $4,777Net Assets 2012: $79,6102012Assets 2013: $96,410Liabilities 2013: $52,536Net Assets 2013: $43,8742013Assets 2014: $180,480Liabilities 2014: $25,357Net Assets 2014: $155,1232014Assets 2015: $264,899Liabilities 2015: $116Net Assets 2015: $264,7832015Assets 2016: $226,238Liabilities 2016: $5,553Net Assets 2016: $220,6852016Assets 2017: $170,783Liabilities 2017: $0Net Assets 2017: $170,7832017Assets 2018: $192,981Liabilities 2018: $0Net Assets 2018: $192,9812018Assets 2019: $156,763Liabilities 2019: $0Net Assets 2019: $156,7632019Assets 2020: $199,047Liabilities 2020: $0Net Assets 2020: $199,0472020Assets 2021: $220,589Liabilities 2021: $0Net Assets 2021: $220,5892021Assets 2022: $212,956Liabilities 2022: $0Net Assets 2022: $212,9562022Assets 2023: $198,408Liabilities 2023: $0Net Assets 2023: $198,4082023Assets 2024: $135,132Liabilities 2024: $0Net Assets 2024: $135,1322024

Highlighted filing

2016

Assets$226,238
Liabilities$5,553
Net Assets$220,685
Open 2016 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $60,000Expenses 2010: $31,742Net Income 2010: $28,2582010Expenses 2011: $227,2422011Expenses 2012: $232,7962012Revenue 2013: $312,004Expenses 2013: $347,740Net Income 2013: -$35,7362013Revenue 2014: $405,235Expenses 2014: $293,986Net Income 2014: $111,2492014Revenue 2015: $451,128Expenses 2015: $341,468Net Income 2015: $109,6602015Revenue 2016: $148,208Expenses 2016: $192,306Net Income 2016: -$44,0982016Revenue 2017: $112,236Expenses 2017: $162,138Net Income 2017: -$49,9022017Revenue 2018: $190,710Expenses 2018: $159,103Net Income 2018: $31,6072018Revenue 2019: $104,780Expenses 2019: $149,592Net Income 2019: -$44,8122019Revenue 2020: $170,016Expenses 2020: $144,853Net Income 2020: $25,1632020Revenue 2021: $176,422Expenses 2021: $154,880Net Income 2021: $21,5422021Revenue 2022: $156,723Expenses 2022: $164,356Net Income 2022: -$7,6332022Revenue 2023: $155,889Expenses 2023: $170,437Net Income 2023: -$14,5482023Revenue 2024: $50,178Expenses 2024: $113,454Net Income 2024: -$63,2762024

Highlighted filing

2016

Revenue$148,208
Expenses$192,306
Net Income-$44,098
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$148,208
Mission and Program Overview

Mission

The Mission of the Alabama Asset Building Coalition is to promote financial stability and self-sufficiency for low wealth individuals and families.

The mission of the Alabama Asset Building Coalition is to promote and support programs, policies, and initiatives that lead to asset building and economic security.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$198,008$222,249▲ $24,241
Pledges and Grants Receivable$64,250$2,000▼ $62,250
Land, Buildings, and Equipment, Net$2,641$1,989▼ $652
Total Assets$264,899$226,238▼ $38,661
Liabilities
Accounts Payable and Accrued Expenses$116$5,553▲ $5,437
Total Liabilities$116$5,553▲ $5,437
Net Assets / Fund Balance
Unrestricted Net Assets$264,783$220,685▼ $44,098
Total Net Assets Fund Balance$264,783$220,685▼ $44,098
Total Liabilities and Net Assets / Fund Balance$264,899$226,238▼ $38,661

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,989$7,096$9,085
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Eunice RogersChairman
John WhitfieldVice Chairman
Danny PattersonMember
Gena Gunn McClendonMember
Johanna AlvarezMember
John ZippertMember
Lisa RileyMember
Mary JudahMember
Melodi MorrissetteMember
Ron GilbertMember
Stephen StetsonMember
Warren RobinsonMember
Dr Bernice WilsonSecretary
Heidi SchoonoverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,200
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$113,700
Change in Net Assets
$-44,098

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,208
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$148,208
Total Revenue per Form 990
$148,208
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$96,327
Other Expenses$60,979
Grants and Similar Amounts Paid$35,000
Total Fundraising Expense$7,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,000$14,000$7,000$70,000
Grants to Domestic Orgs$35,000--$35,000
Other Salaries and Wages$15,000$1,667-$16,667
Occupancy-$12,880-$12,880
Fees for Services Accounting-$11,270-$11,270
Travel$3,222$3,938-$7,160
Payroll Taxes$5,304$1,326-$6,630
Information Technology$900$5,218-$6,118
Office Expenses$2,995$1,549-$4,544
Other Employee Benefits$2,424$606-$3,030
Insurance$1,682$420-$2,102
Depreciation Depletion$522$130-$652
Fees for Services Legal-$225-$225
Other Expenses$12,897$51-$51
Total Functional Expenses$128,946$56,360$7,000$192,306

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$192,306
Total Expenses per Audited Statements$192,306
Total Expenses per Form 990$192,306
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Life IncHuntsville, AL-To carry out the VITA program.$8,000
Community Action Agency of South AlabamaDaphne, AL-To carry out the VITA program.$7,250
Mobile Community Action IncMobile, AL-To carry out the VITA program.$5,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“Before the 990 is filed, an electronic copy of the entire 990 is provided to the Officers of the Board of Directors. Each Officer reviews the entire 990 and provides questions to the Exectuive Director who then communicates these questions to the Organization's Form 990 preparer. Once all questions are answered, the board members electronically approve the Form 990 and it is submitted to the Internal Revenue Service.”

Form 990, Part VI, Section B, line 12C

“Each director, principal officer, and member of a committee with governing board-delegated powers sign a Conflict of Interest statement.”

Form 990, Part VI, Section B, line 15

“The Executive Director is responsible for making a recommendation to the full board regarding compensation. The board is responsible for making a recommendation about funding of compensation. The policy of the Organization is to provide a compensation program that reflects the relative size and type of Organization of which it is a part and which will accomplish the Organizations mission and tax-exempt purpose without causing any part of the Organizations net earnings to inure to the private benefit of an individual or group of individuals.”

Form 990, Part VI, Section C, line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Alabama Asset Building Coalition
EIN
27-0193257
Phone
3342072743
Address
201 Beacon Parkway West No 207, Birmingham, AL 35209

Signing Officer

Name
Kenneth Walker
Title
Executive Director
Phone
3342072743
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Walker
Formed
2009
Legal Domicile
Al
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
0

Preparer

Firm
Kassouf & Co PC
Address
2101 Highland Ave S Suite 300, Birmingham, AL 35205-4009
Preparer
David P Kassouf
Phone
2054432500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The Organization adopted the provisions of FASB ASC 740-10-25, which prescribes a recognition threshold and measurement attribute for the recognition and measurement of tax positions taken or expected to be taken in income tax returns. FASB ASC 740-10-25 also provides guidance on de-recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, and accounting for interest and penalties associated with tax positions. The Organization does not have any accruals for uncertain tax positions as of December 31, 2016. It is not anticipated that unrecognized tax benefits would significantly increase or decrease within 12 months of the reporting date.”

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IRS990/MissionDesc0The Alabama Asset Building Coalition (AABC) is a statewide 501(c)(3) non-profit that has been organized to promote financial stability for individuals and families. By encouraging savings, financial education and other wealth building programs, the coalition strives to build an economic foundation that will allow the underserved residents in Alabama to reach their highest potential and strengthen their financial future. AABC is composed of non-profits, community action, and community development agencies, United Ways, federal and state government and banking regulatory agencies, and financial institutions that have joined together to achieve shared goals and objectives for the citizens of Alabama.
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IRS990/OfficeExpensesGrp/TotalAmt04544
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0606
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02424
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03030
IRS990/OtherExpensesGrp/Desc0Contract services
IRS990/OtherExpensesGrp/Desc1Board and staff develop
IRS990/OtherExpensesGrp/Desc2Memberships and Dues
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0620
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12460
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt251
IRS990/OtherExpensesGrp/ProgramServicesAmt012897
IRS990/OtherExpensesGrp/TotalAmt013517
IRS990/OtherExpensesGrp/TotalAmt12460
IRS990/OtherExpensesGrp/TotalAmt251
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01667
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015000
IRS990/OtherSalariesAndWagesGrp/TotalAmt016667
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01326
IRS990/PayrollTaxesGrp/ProgramServicesAmt05304
IRS990/PayrollTaxesGrp/TotalAmt06630
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt064250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kenneth Walker
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Asset Building program consists of efforts of the Organization to assist the underserved residents of Alabama build assets and financial stability. AABC is partnering with Birmingham Childcare Resources to develop a children's saving account program to assist families with the cost of child care, provide parents with financial coaching and help children save for college. Also, AABC and its policy partners from the Alliance for Responsible Lending in Alabama are working to improve consumer protections for those who use payday lending institutions. Alabama Asset Building Coalition is also working to ensure hard working Alabamians are able to pay rent by working with housing advocates.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029967
IRS990/ProgSrvcAccomActy3Grp/Desc0AABC is partnering with the FDIC in promoting its "Money Smart" financial education curriculum; helping to conduct "train the trainer" programs; training nonprofit groups, financial institutions, churches, government agencies, college universities and other to teach financial education to the community. The program is also targeting the Alabama Colleges and Universities through Freshman Financial Forums to teach basic banking education, the proper use of credit cards and the dangers of "identity theft". With regards to pay day lending, the Organization has put in efforts to educate the community and policy makers.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt020623
IRS990/ProgSrvcAccomActyOtherGrp/Desc0AABC with its financial partners and local communities are working in partnership to implement a statewide strategy to lower the number of the unbanked individuals.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt020449
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0451119
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0106643
IRS990/PYInvestmentIncomeAmt09
IRS990/PYOtherExpensesAmt082959
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0109660
IRS990/PYSalariesCompEmpBnftPaidAmt0145866
IRS990/PYTotalExpensesAmt0341468
IRS990/PYTotalProfFndrsngExpnsAmt06000
IRS990/PYTotalRevenueAmt0451128
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-44098
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0148200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0451119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0405225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0312001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0276657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01593202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt031
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01593202
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0148200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0451119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0405225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0312001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0276657
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01593202
IRS990ScheduleA/TotalSupportAmt01593233
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0192306
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01989
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07096
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09085
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0148208
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization adopted the provisions of FASB ASC 740-10-25, which prescribes a recognition threshold and measurement attribute for the recognition and measurement of tax positions taken or expected to be taken in income tax returns. FASB ASC 740-10-25 also provides guidance on de-recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, and accounting for interest and penalties associated with tax positions. The Organization does not have any accruals for uncertain tax positions as of December 31, 2016. It is not anticipated that unrecognized tax benefits would significantly increase or decrease within 12 months of the reporting date.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01989
IRS990ScheduleD/TotalExpensesPerForm990Amt0192306
IRS990ScheduleD/TotalRevenuePerForm990Amt0148208
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0148208
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0192306
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05250
IRS990ScheduleI/RecipientTable/CashGrantAmt18000
IRS990ScheduleI/RecipientTable/CashGrantAmt27250
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To carry out the VITA program.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To carry out the VITA program.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To carry out the VITA program.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Mobile Community Action Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Life Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Community Action Agency of South Alabama
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0461 Donald Street PO Box 10159
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11403 Yukon Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt226440 Pollard Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Mobile
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Huntsville
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Daphne
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1AL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0366100159
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd135816
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd236526
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Upon review and approval of a grantee's application, the Organization executes a Memorandum of Understanding with the grantee which sets forth the specific steps needed for incremental grant funding. Additional grant funding is only made once the grantee demonstrates to the Organization successful completion of the requirements of the incremental step.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Before the 990 is filed, an electronic copy of the entire 990 is provided to the Officers of the Board of Directors. Each Officer reviews the entire 990 and provides questions to the Exectuive Director who then communicates these questions to the Organization's Form 990 preparer. Once all questions are answered, the board members electronically approve the Form 990 and it is submitted to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each director, principal officer, and member of a committee with governing board-delegated powers sign a Conflict of Interest statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director is responsible for making a recommendation to the full board regarding compensation. The board is responsible for making a recommendation about funding of compensation. The policy of the Organization is to provide a compensation program that reflects the relative size and type of Organization of which it is a part and which will accomplish the Organizations mission and tax-exempt purpose without causing any part of the Organizations net earnings to inure to the private benefit of an individual or group of individuals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0264899
IRS990/TotalAssetsEOYAmt0226238
IRS990/TotalAssetsGrp/BOYAmt0264899
IRS990/TotalAssetsGrp/EOYAmt0226238
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0148200
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056360
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192306
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$226,238
Liabilities
$5,553
Net assets
$220,685
Revenue
$148,208
Expenses
$192,306
Net income
-$44,098
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.50$1.13$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.00$1.98$1.56$1.70$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.00$2.13$1.57$1.64$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.00$2.21$1.76$1.55$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.00$1.99$1.70$1.45$0.25
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.00$1.57$1.05$1.50$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.00$1.93$1.91$1.59$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.00$1.71$1.12$1.62$0.50
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.06$2.21$1.48$1.92$0.44
2015Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$4.51$3.41$1.10
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.25$1.55$4.05$2.94$1.11
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.53$0.44$3.12$3.48$0.36
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.05$0.80$2.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$2.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.60$0.32$0.28