Alabama Housing Authorities Education And Enrichment Fund Inc
EIN: 30433929 · Birmingham, AL · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $32K |
| Net Assets | $625K |
Is Alabama Housing Authorities Education And Enrichment Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Housing Authorities Education And Enrichment Fund Inc
Alabama Housing Authorities Education And Enrichment Fund Inc (EIN: 30433929) is a nonprofit organization based in Birmingham, AL, classified under NTEE code O50. The organization reported total revenue of $55K and total assets of $654K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Housing Authorities Education And Enrichment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Housing Authorities Education And Enrichment Fund Inc is a micro nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $32K |
| Surplus / Deficit | +$21K |
| Total Assets | $625K |
| Net Assets | $625K |
| Operating Margin | 39.2% |
| Months of Reserves | 232.1 months |
Financial Health Grade: A
In 2023, Alabama Housing Authorities Education And Enrichment Fund Inc reported a surplus of $21K with revenue exceeding expenses, holds 232.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Alabama Housing Authorities Education And Enrichment Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.8% | +144.1% | +3.4% |
| 2022 | +8.7% | -33.8% | +3.0% |
| 2021 | -6.7% | -60.9% | -3.4% |
| 2019 | -50.7% | +64.4% | -3.0% |
| 2018 | +32.6% | -31.4% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Housing Authorities Education And Enrichment Fund Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Housing Authorities Education And Enrichment Fund Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
Frequently Asked Questions about Alabama Housing Authorities Education And Enrichment Fund Inc
Is Alabama Housing Authorities Education And Enrichment Fund Inc a legitimate charity?
Alabama Housing Authorities Education And Enrichment Fund Inc (EIN: 30433929) is a registered tax-exempt nonprofit based in Alabama. It has 12 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: A.
How does Alabama Housing Authorities Education And Enrichment Fund Inc spend its money?
Alabama Housing Authorities Education And Enrichment Fund Inc reported $55K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alabama Housing Authorities Education And Enrichment Fund Inc tax-deductible?
Alabama Housing Authorities Education And Enrichment Fund Inc is registered as a tax-exempt nonprofit (EIN: 30433929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alabama Housing Authorities Education And Enrichment Fund Inc located?
Alabama Housing Authorities Education And Enrichment Fund Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 30433929. It is classified under NTEE code O50.
How many years of IRS 990 filings does Alabama Housing Authorities Education And Enrichment Fund Inc have?
Alabama Housing Authorities Education And Enrichment Fund Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $55K in total revenue.
Filing History
IRS 990 filing history for Alabama Housing Authorities Education And Enrichment Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Alabama Housing Authorities Education And Enrichment Fund Inc's revenue has grown by 3.4%, moving from $51K to $53K. Total assets increased by 2.4% over the same period, from $610K to $625K. Total functional expenses fell by 51.6%, from $67K to $32K. In its most recent filing year (2023), Alabama Housing Authorities Education And Enrichment Fund Inc reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $32K | $625K | $0 | — | — |
| 2022 | $30K | $13K | $604K | $575 | — | — |
| 2021 | $28K | $20K | $587K | $200 | — | — |
| 2019 | $30K | $51K | $608K | $3K | — | View 990 |
| 2018 | $60K | $31K | $627K | $200 | — | View 990 |
| 2017 | $46K | $45K | $597K | $200 | — | View 990 |
| 2016 | $33K | $38K | $597K | $200 | — | View 990 |
| 2015 | $29K | $21K | $601K | $200 | — | View 990 |
| 2014 | $24K | $26K | $593K | $200 | — | View 990 |
| 2013 | $57K | $73K | $595K | $200 | — | View 990 |
| 2012 | $48K | $46K | $612K | $200 | — | View 990 |
| 2011 | $51K | $67K | $610K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $32K, and assets of $625K (revenue +75.8% year-over-year).
- 2022: Revenue of $30K, expenses of $13K, and assets of $604K (revenue +8.7% year-over-year).
- 2021: Revenue of $28K, expenses of $20K, and assets of $587K (revenue -6.7% year-over-year).
- 2019: Revenue of $30K, expenses of $51K, and assets of $608K (revenue -50.7% year-over-year).
- 2018: Revenue of $60K, expenses of $31K, and assets of $627K (revenue +32.6% year-over-year).
- 2017: Revenue of $46K, expenses of $45K, and assets of $597K (revenue +37.7% year-over-year).
- 2016: Revenue of $33K, expenses of $38K, and assets of $597K (revenue +14.9% year-over-year).
- 2015: Revenue of $29K, expenses of $21K, and assets of $601K (revenue +21.2% year-over-year).
- 2014: Revenue of $24K, expenses of $26K, and assets of $593K (revenue -58.0% year-over-year).
- 2013: Revenue of $57K, expenses of $73K, and assets of $595K (revenue +18.7% year-over-year).
- 2012: Revenue of $48K, expenses of $46K, and assets of $612K (revenue -7.2% year-over-year).
- 2011: Revenue of $51K, expenses of $67K, and assets of $610K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Housing Authorities Education And Enrichment Fund Inc:
Data Sources and Methodology
This transparency report for Alabama Housing Authorities Education And Enrichment Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.