Alabama Poverty Project Incorporated
EIN: 582074080 · Birmingham, AL · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Revenue | $915K |
| Total Expenses | $811K |
| Net Assets | $316K |
Is Alabama Poverty Project Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Poverty Project Incorporated
Alabama Poverty Project Incorporated (EIN: 582074080) is a nonprofit organization based in Birmingham, AL, classified under NTEE code P20Z. The organization reported total revenue of $915K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Poverty Project Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Poverty Project Incorporated is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $523K |
| Total Expenses | $811K |
| Surplus / Deficit | $-287,865 |
| Total Assets | $316K |
| Total Liabilities | $43 |
| Net Assets | $316K |
| Operating Margin | -55.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Alabama Poverty Project Incorporated reported a deficit of $288K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alabama Poverty Project Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.5% | +25.8% | -48.1% |
| 2022 | +18.6% | -4.3% | +57.6% |
| 2021 | +40.2% | +19.8% | +2.2% |
| 2020 | -14.7% | +4.9% | +2.1% |
| 2019 | +14.4% | +2.4% | +24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Poverty Project Incorporated 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 Poverty Project Incorporated 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 deficit of $288K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Alabama Poverty Project Incorporated
Is Alabama Poverty Project Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Poverty Project Incorporated (EIN: 582074080) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabama Poverty Project Incorporated spend its money?
Detailed spending breakdown data is not yet available for Alabama Poverty Project Incorporated. Check back for updated IRS 990 analysis.
Are donations to Alabama Poverty Project Incorporated tax-deductible?
Alabama Poverty Project Incorporated is registered as a tax-exempt nonprofit (EIN: 582074080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alabama Poverty Project Incorporated located?
Alabama Poverty Project Incorporated is headquartered in Birmingham, Alabama and files with the IRS under EIN 582074080. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Alabama Poverty Project Incorporated have?
Alabama Poverty Project Incorporated has 13 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 $915K in total revenue.
Filing History
IRS 990 filing history for Alabama Poverty Project Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alabama Poverty Project Incorporated's revenue has grown by 142.5%, moving from $216K to $523K. Total assets increased by 203.7% over the same period, from $104K to $316K. Total functional expenses rose by 340.6%, from $184K to $811K. In its most recent filing year (2023), Alabama Poverty Project Incorporated reported a deficit of $288K, with expenses exceeding revenue. The organization holds $43 in liabilities against $316K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $316K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $523K | $811K | $316K | $43 | — | — |
| 2022 | $864K | $644K | $608K | $4K | — | View 990 |
| 2021 | $729K | $673K | $386K | $2K | — | View 990 |
| 2020 | $520K | $562K | $377K | $50K | — | — |
| 2019 | $609K | $536K | $370K | $0 | — | View 990 |
| 2018 | $533K | $523K | $296K | $0 | — | View 990 |
| 2017 | $462K | $531K | $287K | $0 | — | View 990 |
| 2016 | $654K | $536K | $356K | $0 | — | View 990 |
| 2015 | $479K | $374K | $238K | $0 | — | View 990 |
| 2014 | $327K | $338K | $132K | $0 | — | View 990 |
| 2013 | $268K | $224K | $143K | $0 | — | View 990 |
| 2012 | $185K | $189K | $100K | $0 | — | View 990 |
| 2011 | $216K | $184K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $523K, expenses of $811K, and assets of $316K (revenue -39.5% year-over-year).
- 2022: Revenue of $864K, expenses of $644K, and assets of $608K (revenue +18.6% year-over-year).
- 2021: Revenue of $729K, expenses of $673K, and assets of $386K (revenue +40.2% year-over-year).
- 2020: Revenue of $520K, expenses of $562K, and assets of $377K (revenue -14.7% year-over-year).
- 2019: Revenue of $609K, expenses of $536K, and assets of $370K (revenue +14.4% year-over-year).
- 2018: Revenue of $533K, expenses of $523K, and assets of $296K (revenue +15.4% year-over-year).
- 2017: Revenue of $462K, expenses of $531K, and assets of $287K (revenue -29.4% year-over-year).
- 2016: Revenue of $654K, expenses of $536K, and assets of $356K (revenue +36.4% year-over-year).
- 2015: Revenue of $479K, expenses of $374K, and assets of $238K (revenue +46.6% year-over-year).
- 2014: Revenue of $327K, expenses of $338K, and assets of $132K (revenue +22.1% year-over-year).
- 2013: Revenue of $268K, expenses of $224K, and assets of $143K (revenue +45.0% year-over-year).
- 2012: Revenue of $185K, expenses of $189K, and assets of $100K (revenue -14.4% year-over-year).
- 2011: Revenue of $216K, expenses of $184K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Poverty Project Incorporated:
Data Sources and Methodology
This transparency report for Alabama Poverty Project Incorporated 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.