Civic Intelligence

Alabama Small Business Development Initiative

990EZ • Fiscal year 2020 • EIN 46-5559627

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 25, 2021

1500 1st Ave N STE B106Birmingham, AL 35203

(205) 250-6980

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

89th percentile

52%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

95th percentile

274%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-24%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$101,054

Up $74,037 (+274%) from 2019

Net Assets

Up

$101,054

Up $74,037 (+274%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$143,560

Down $44,260 (-24%) from 2019

Expenses

Down

$69,366

Down $111,072 (-62%) from 2019

Net Income

Up

$74,194

Up $66,812 (+905%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $46,032Liabilities 2015: $0Net Assets 2015: $46,0322015Assets 2016: $38,576Liabilities 2016: $0Net Assets 2016: $38,5762016Assets 2017: $41,189Liabilities 2017: $0Net Assets 2017: $41,1892017Assets 2018: $19,241Liabilities 2018: $1,525Net Assets 2018: $17,7162018Assets 2019: $27,017Liabilities 2019: $0Net Assets 2019: $27,0172019Assets 2020: $101,054Liabilities 2020: $0Net Assets 2020: $101,0542020Assets 2021: $744,739Liabilities 2021: $0Net Assets 2021: $744,7392021Assets 2022: $223,090Liabilities 2022: $0Net Assets 2022: $223,0902022Assets 2023: $262,077Liabilities 2023: $0Net Assets 2023: $262,0772023Assets 2024: $354,776Liabilities 2024: $0Net Assets 2024: $354,7762024

Highlighted filing

2020

Assets$101,054
Liabilities$0
Net Assets$101,054

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2015: $139,269Expenses 2015: $93,237Net Income 2015: $46,0322015Revenue 2016: $174,469Expenses 2016: $181,426Net Income 2016: -$6,9572016Revenue 2017: $172,500Expenses 2017: $169,887Net Income 2017: $2,6132017Revenue 2018: $161,402Expenses 2018: $168,996Net Income 2018: -$7,5942018Revenue 2019: $187,820Expenses 2019: $180,438Net Income 2019: $7,3822019Revenue 2020: $143,560Expenses 2020: $69,366Net Income 2020: $74,1942020Revenue 2021: $741,286Expenses 2021: $97,758Net Income 2021: $643,5282021Revenue 2022: $182,500Expenses 2022: $704,149Net Income 2022: -$521,6492022Revenue 2023: $265,000Expenses 2023: $232,005Net Income 2023: $32,9952023Revenue 2024: $440,250Expenses 2024: $347,551Net Income 2024: $92,6992024

Highlighted filing

2020

Revenue$143,560
Expenses$69,366
Net Income$74,194
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 25, 2021
Return Version
2020v4.1
Gross Receipts
$143,560
Mission and Program Overview

Mission

Small Business Development in Alabama

Program Services

DescriptionGrantsExpenses
The ASBDI is the administrator of the Alabama Community Loan Fund ACLF which works in partnership with organizations across the state-$69,365
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert DickersonBoard Member-$0--
LeDon JonesPresidentPT$0--
Michael W Wesley SrBoard Member-$0--
Richard BusbyBoard Member-$0--
Audrey VaughnBoard Member-$0--
Lisa CooperBoard Member-$0--
Rod JonesBoard Member-$0--
Rashada LeroyBoard Member-$0--
SmithBoard Member-$0--
Selena R DickersonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Alabama Small Business Development Initiative
EIN
46-5559627
Address
1500 1st Ave N STE B106, Birmingham, AL 35203

Signing Officer

Name
aaa abc
Title
Executive Direc
Phone
2052506380
Signed
2021-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Insighters Inc
Address
4120 2nd Ave S, Birmingham, AL 35222
Preparer
Pattric Barnett
Phone
2054259000
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Business Education Workshop and Seminar Grantee AG Gaston Conference Street 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203Relationship Associated org that shares space Activity Management and Technical Assistance to small biz Grantee Birmingham Business Resource CenterStreet 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203Relationship Associated org that shares space Activity Small Business Education Grantee Various Relationship Entities that assist small businessActivity Build investment capacity for community Grantee Building Alabama Reinvestment Street 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203

Description of other expenses Part I line 16

Description AmountMiscellaneous Business Expenses 36Meals and Entertainment 1,334Travel 1,536

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDue to Bham Citywide for Ellis 157 0

Raw XML Appendix184 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Robert Dickerson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LeDon Jones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michael W Wesley Sr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Richard Busby
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Business Education Workshop and Seminar Grantee AG Gaston Conference Street 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203Relationship Associated org that shares space Activity Management and Technical Assistance to small biz Grantee Birmingham Business Resource CenterStreet 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203Relationship Associated org that shares space Activity Small Business Education Grantee Various Relationship Entities that assist small businessActivity Build investment capacity for community Grantee Building Alabama Reinvestment Street 1500 1st Ave N Unit 12 B106 City, State, Zip Birmingham, AL 35203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMiscellaneous Business Expenses 36Meals and Entertainment 1,334Travel 1,536
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0465559627
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pattric Barnett
ReturnHeader/ReturnTs02021-09-15T20:17:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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