Civic Intelligence

Sabre Finance

990 • Fiscal year 2024 • EIN 46-5457673

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 19, 2025

Organization ProfileWWW.SABREFINANCE.ORG
1800 International Park Dr 215Birmingham, AL 35243

(205) 690-4906

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.65x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

5.09x

Higher debt load relative to revenue than 95% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$112,252

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$10,702,555

Up $1,435,887 (+15%) from 2023

Net Assets

Down

$3,702,232

Down $149,422 (-3.9%) from 2023

Liabilities

Up

$7,000,323

Up $1,585,309 (+29%) from 2023

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin17th percentile

Revenue

Down

$1,375,830

Down $293,742 (-18%) from 2023

Expenses

Down

$1,525,252

Down $197,647 (-11%) from 2023

Net Income

Down

-$149,422

Down $96,095 (-180%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$15M$10M$5.0M$0Assets 2015: $2,745,646Liabilities 2015: $0Net Assets 2015: $2,745,6462015Assets 2016: $2,816,952Liabilities 2016: $101,798Net Assets 2016: $2,715,1542016Assets 2017: $2,744,696Liabilities 2017: $337,934Net Assets 2017: $2,406,7622017Assets 2018: $3,124,195Liabilities 2018: $697,606Net Assets 2018: $2,426,5892018Assets 2019: $3,344,324Liabilities 2019: $1,061,516Net Assets 2019: $2,282,8082019Assets 2020: $5,158,850Liabilities 2020: $2,861,355Net Assets 2020: $2,297,4952020Assets 2021: $6,233,510Liabilities 2021: $3,041,629Net Assets 2021: $3,191,8812021Assets 2022: $6,932,040Liabilities 2022: $3,251,234Net Assets 2022: $3,680,8062022Assets 2023: $9,266,668Liabilities 2023: $5,415,014Net Assets 2023: $3,851,6542023Assets 2024: $10,702,555Liabilities 2024: $7,000,323Net Assets 2024: $3,702,2322024

Highlighted filing

2024

Assets$10,702,555
Liabilities$7,000,323
Net Assets$3,702,232
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $144,304Expenses 2015: $272,566Net Income 2015: -$128,2622015Revenue 2016: $98,111Expenses 2016: $74,273Net Income 2016: $23,8382016Revenue 2017: $76,948Expenses 2017: $385,340Net Income 2017: -$308,3922017Revenue 2018: $285,007Expenses 2018: $265,180Net Income 2018: $19,8272018Revenue 2019: $553,504Expenses 2019: $697,285Net Income 2019: -$143,7812019Revenue 2020: $649,102Expenses 2020: $634,376Net Income 2020: $14,7262020Revenue 2021: $1,695,074Expenses 2021: $800,688Net Income 2021: $894,3862021Revenue 2022: $1,767,213Expenses 2022: $1,301,668Net Income 2022: $465,5452022Revenue 2023: $1,669,572Expenses 2023: $1,722,899Net Income 2023: -$53,3272023Revenue 2024: $1,375,830Expenses 2024: $1,525,252Net Income 2024: -$149,4222024

Highlighted filing

2024

Revenue$1,375,830
Expenses$1,525,252
Net Income-$149,422
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 19, 2025
Return Version
2023v6.0
Gross Receipts
$1,375,830
Mission and Program Overview

Mission

To stimulate economic development through the provision of financial and technical assistance to small and medium-sized businesses, particularly those locating or wishing to locate in distressed areas of Alabama in general and the Birmingham region specifically.

To stimulate economic development through the provision of financial and technical assistance to small and medium-sized businesses, particularly those locating or wishing to locate in distressed areas of alabama in general and the birmingham region specfically.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,647,318$6,315,934▲ $668,616
Cash and Non-Interest-Bearing Accounts$2,981,062$2,772,501▼ $208,561
Savings and Temporary Cash Investments-$1,000,000-
Pledges and Grants Receivable$364,724$315,567▼ $49,157
Total Assets$9,266,668$10,702,555▲ $1,435,887
Other Assets Total$273,564$298,553▲ $24,989
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,076,482$6,250,270▲ $1,173,788
Other Liabilities$277,084$749,734▲ $472,650
Accounts Payable and Accrued Expenses$61,448$319▼ $61,129
Total Liabilities$5,415,014$7,000,323▲ $1,585,309
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,418,181$2,152,600▲ $734,419
Net Assets With Donor Restrictions$2,433,473$1,549,632▼ $883,841
Total Net Assets Fund Balance$3,851,654$3,702,232▼ $149,422
Total Liabilities and Net Assets / Fund Balance$9,266,668$10,702,555▲ $1,435,887
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher K NormanVETERAN'S BUSINESS ADVISORFT$105,000$7,252$112,252

Board Members and Trustees

NameTitle
Jim ByramChair
Akhlaque Haque PhdVice Chair
Amy BradfordDirector of Finance
BRIAN O'DELLPast Director of Finance
Ray Morris PhdChief Executive Officer
Samuel KellettChief Operating Officer
Allison McguireMember
Michael CraneMember
Thomas R MauldinMember
Charles BallSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$701,144
Program Service Revenue
$674,686
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-149,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,375,830
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$229,245
Total Revenue per Audited Statements
$1,605,075
Total Revenue per Form 990
$1,375,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,030,024
Other Expenses$495,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$409,897$136,632-$546,529
Current Officers, Directors, Trustees, and Key Employees$362,621$120,874-$483,495
Occupancy$122,627--$122,627
Office Expenses$35,294$11,764-$47,058
Insurance-$27,202-$27,202
Fees for Services Accounting$18,267$6,089-$24,356
All Other Expenses$15,935$7,379-$23,314
Travel$12,050$8,034-$20,084
Other Expenses$16,735$1,859-$18,594
Fees for Services Legal$1,196$399-$1,595
Total Functional Expenses$1,205,020$320,232$0$1,525,252

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,754,497
Expenses per Audited Statements$1,525,252
Total Expenses per Form 990$1,525,252
Expenses Not Reported on Form 990$229,245
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Synovus Eq2$500,000
Rou Lt Liability$170,990
Rou St Liability$78,744
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
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

“The members of the board are provided with a copy of the 990 for review prior to filing. A member can express any concerns related to the items listed on the 990.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Sabre Finance Inc
EIN
46-5457673
Phone
2056904906
Address
1800 INTERNATIONAL PARK DR 215, BIRMINGHAM, AL 35243

Signing Officer

Name
Ray Morris
Title
Chief Executive Officer
Phone
2056904906
Signed
2025-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Morris
Formed
2014
Legal Domicile
Al
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
6

Preparer

Firm
Pearce Bevill Leesburg Moore Pc
Address
110 OFFICE PARK DR, BIRMINGHAM, AL 35223
Preparer
Bill Bach
Phone
2053235440
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“There has been no change in the oversight or selection process.”

Raw XML AppendixShowing 400 of 446 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt061448
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0319
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO STIMULATE ECONOMIC DEVELOPMENT THROUGH THE PROVISION OF FINANCIAL AND TECHNICAL ASSISTANCE TO SMALL AND MEDIUM-SIZED BUSINESSES, PARTICULARLY THOSE LOCATING OR WISHING TO LOCATE IN DISTRESSED AREAS OF ALABAMA IN GENERAL AND THE BIRMINGHAM REGION SPECFICALLY.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07379
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015935
IRS990/AllOtherExpensesGrp/TotalAmt023314
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMY BRADFORD
IRS990/BooksInCareOfDetail/PhoneNum02056904906
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01800 INTERNATIONAL PARK DR STE 215
IRS990/BooksInCareOfDetail/USAddress/CityNm0BIRMINGHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd035243
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02981062
IRS990/CashNonInterestBearingGrp/EOYAmt02772501
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0120874
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0362621
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0483495
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0701144
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0495228
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0674686
IRS990/CYRevenuesLessExpensesAmt0-149422
IRS990/CYSalariesCompEmpBnftPaidAmt01030024
IRS990/CYTotalExpensesAmt01525252
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01375830
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO STIMULATE ECONOMIC DEVELOPMENT THROUGH THE PROVISION OF FINANCIAL AND TECHNICAL ASSISTANCE TO SMALL AND MEDIUM-SIZED BUSINESSES, PARTICULARLY THOSE LOCATING OR WISHING TO LOCATE IN DISTRESSED AREAS OF ALABAMA IN GENERAL AND THE BIRMINGHAM REGION SPECIFICALLY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02433473
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01549632
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01205020
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06089
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt018267
IRS990/FeesForServicesAccountingGrp/TotalAmt024356
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0399
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01196
IRS990/FeesForServicesLegalGrp/TotalAmt01595
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt107252
IRS990/Form990PartVIISectionAGrp/PersonNm0JIM BYRAM
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS R MAULDIN
IRS990/Form990PartVIISectionAGrp/PersonNm2AKHLAQUE HAQUE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLES BALL
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL CRANE
IRS990/Form990PartVIISectionAGrp/PersonNm5ALLISON MCGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm6RAY MORRIS PHD
IRS990/Form990PartVIISectionAGrp/PersonNm7SAMUEL KELLETT
IRS990/Form990PartVIISectionAGrp/PersonNm8AMY BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm9BRIAN O'DELL
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTOPHER K NORMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10105000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10VETERAN'S BUSINESS ADVISOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0701144
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01375830
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt027202
IRS990/InsuranceGrp/TotalAmt027202
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO STIMULATE ECONOMIC DEVELOPMENT THROUGH THE PROVISION OF FINANCIAL AND TECHNICAL ASSISTANCE TO SMALL AND MEDIUM-SIZED BUSINESSES, PARTICULARLY THOSE LOCATING OR WISHING TO LOCATE IN DISTRESSED AREAS OF ALABAMA IN GENERAL AND THE BIRMINGHAM REGION SPECIFICALLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05076482
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06250270
IRS990/NetAssetsOrFundBalancesBOYAmt03851654
IRS990/NetAssetsOrFundBalancesEOYAmt03702232
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01418181
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02152600
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0122627
IRS990/OccupancyGrp/TotalAmt0122627
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011764
IRS990/OfficeExpensesGrp/ProgramServicesAmt035294
IRS990/OfficeExpensesGrp/TotalAmt047058
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0273564
IRS990/OtherAssetsTotalGrp/EOYAmt0298553
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LOAN PAYABLE INTEREST
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01859
IRS990/OtherExpensesGrp/ProgramServicesAmt096225
IRS990/OtherExpensesGrp/ProgramServicesAmt183100
IRS990/OtherExpensesGrp/ProgramServicesAmt231073
IRS990/OtherExpensesGrp/ProgramServicesAmt316735
IRS990/OtherExpensesGrp/TotalAmt096225
IRS990/OtherExpensesGrp/TotalAmt183100
IRS990/OtherExpensesGrp/TotalAmt231073
IRS990/OtherExpensesGrp/TotalAmt318594
IRS990/OtherLiabilitiesGrp/BOYAmt0277084
IRS990/OtherLiabilitiesGrp/EOYAmt0749734
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0136632
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0409897
IRS990/OtherSalariesAndWagesGrp/TotalAmt0546529
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05647318
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06315934
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0364724
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0315567
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RAY MORRIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc2SERVICING LOAN INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0498193
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1127674
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt248819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0498193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1127674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt248819
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01135179
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0877745
IRS990/PYOtherRevenueAmt032999
IRS990/PYProgramServiceRevenueAmt0501394
IRS990/PYRevenuesLessExpensesAmt0-53327
IRS990/PYSalariesCompEmpBnftPaidAmt0845154
IRS990/PYTotalExpensesAmt01722899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01669572
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-149422
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0674686
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01000000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0701144
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01135179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01433555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01391347
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0307116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04968341
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0145446
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0158821
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt098757
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0436024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt048818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt048818
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0625867
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0498174
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0297616
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0301528
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0243229
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01966414
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt033000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0145446
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0158821
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt098757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0436024
IRS990ScheduleA/InvestmentIncomeCYPct00.05880
IRS990ScheduleA/InvestmentIncomePYPct00.06930
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94120
IRS990ScheduleA/PublicSupportPY509Pct00.93070
IRS990ScheduleA/PublicSupportTotal509Amt06983573
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01375829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01633353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01731171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01692875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0550345
IRS990ScheduleA/Total509Grp/TotalAmt06983573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01375829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01666353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01876617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01851696
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0649102
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07419597
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/DonatedServicesAndUseFcltsAmt0229245
IRS990ScheduleD/DonatedServicesUseFcltsAmt0229245
IRS990ScheduleD/ExpensesNotReportedAmt0229245
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01525252
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt078744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1170990
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ROU ST LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ROU LT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SYNOVUS EQ2
IRS990ScheduleD/RevenueNotReportedAmt0229245
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01375830
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01525252
IRS990ScheduleD/TotalLiabilityAmt0749734
IRS990ScheduleD/TotalRevenuePerForm990Amt01375830
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01605075
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01754497
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE BOARD ARE PROVIDED WITH A COPY OF THE 990 FOR REVIEW PRIOR TO FILING. A MEMBER CAN EXPRESS ANY CONCERNS RELATED TO THE ITEMS LISTED ON THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAS BEEN NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09266668
IRS990/TotalAssetsEOYAmt010702555
IRS990/TotalAssetsGrp/BOYAmt09266668
IRS990/TotalAssetsGrp/EOYAmt010702555
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0701144
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0320232
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01205020
IRS990/TotalFunctionalExpensesGrp/TotalAmt01525252
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05415014
IRS990/TotalLiabilitiesEOYAmt07000323
IRS990/TotalLiabilitiesGrp/BOYAmt05415014
IRS990/TotalLiabilitiesGrp/EOYAmt07000323
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03851654
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03702232
IRS990/TotalOtherCompensationAmt07252
IRS990/TotalProgramServiceExpensesAmt01205020
IRS990/TotalProgramServiceRevenueAmt0674686
IRS990/TotalReportableCompFromOrgAmt0105000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0674686
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01375830
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09266668

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,702,555
Liabilities
$7,000,323
Net assets
$3,702,232
Revenue
$1,375,830
Expenses
$1,525,252
Net income
-$149,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$7.00$3.70$1.38$1.53$0.15
2023Summary only. Only limited summary data is available for this year.$9.27$5.42$3.85$1.67$1.72$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$3.25$3.68$1.77$1.30$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$3.04$3.19$1.70$0.80$0.89
2020Summary only. Only limited summary data is available for this year.$5.16$2.86$2.30$0.65$0.63$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$1.06$2.28$0.55$0.70$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.70$2.43$0.29$0.27$0.02
2017Summary only. Only limited summary data is available for this year.$2.74$0.34$2.41$0.08$0.39$0.31
2016Detailed filing. Detailed filing data is available for this year.$2.82$0.10$2.72$0.10$0.07$0.02
2015Summary only. Only limited summary data is available for this year.$2.75$0.00$2.75$0.14$0.27$0.13