Alabama Waldorf Association The Redmont School Inc
EIN: 630972301 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $958K |
| Net Assets | $847K |
Is Alabama Waldorf Association The Redmont School 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 Waldorf Association The Redmont School Inc
Alabama Waldorf Association The Redmont School Inc (EIN: 630972301) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $1.3M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Waldorf Association The Redmont School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Waldorf Association The Redmont School Inc is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $958K |
| Surplus / Deficit | +$205K |
| Total Assets | $1.4M |
| Total Liabilities | $579K |
| Net Assets | $847K |
| Operating Margin | 17.6% |
| Debt-to-Asset Ratio | 40.6% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Alabama Waldorf Association The Redmont School Inc reported a surplus of $205K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 40.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Alabama Waldorf Association The Redmont School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +9.3% | +15.8% |
| 2022 | +38.9% | +42.0% | +4.0% |
| 2021 | -13.2% | -29.5% | +6.7% |
| 2020 | -3.0% | +2.8% | +5.4% |
| 2019 | -1.1% | -7.0% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Waldorf Association The Redmont School 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 Waldorf Association The Redmont School 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 $205K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.6%.
Frequently Asked Questions about Alabama Waldorf Association The Redmont School Inc
Is Alabama Waldorf Association The Redmont School Inc a legitimate charity?
Alabama Waldorf Association The Redmont School Inc (EIN: 630972301) is a registered tax-exempt nonprofit based in Alabama. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Alabama Waldorf Association The Redmont School Inc spend its money?
Alabama Waldorf Association The Redmont School Inc reported $1.3M 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 Waldorf Association The Redmont School Inc tax-deductible?
Alabama Waldorf Association The Redmont School Inc is registered as a tax-exempt nonprofit (EIN: 630972301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alabama Waldorf Association The Redmont School Inc located?
Alabama Waldorf Association The Redmont School Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 630972301.
How many years of IRS 990 filings does Alabama Waldorf Association The Redmont School Inc have?
Alabama Waldorf Association The Redmont School 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Alabama Waldorf Association The Redmont School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Alabama Waldorf Association The Redmont School Inc's revenue has grown by 56.8%, moving from $742K to $1.2M. Total assets increased by 1866.4% over the same period, from $72K to $1.4M. Total functional expenses rose by 34.5%, from $712K to $958K. In its most recent filing year (2023), Alabama Waldorf Association The Redmont School Inc reported a surplus of $205K, with revenue exceeding expenses. The organization holds $579K in liabilities against $1.4M in assets (debt-to-asset ratio: 40.6%), resulting in net assets of $847K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $958K | $1.4M | $579K | — | — |
| 2022 | $999K | $876K | $1.2M | $589K | — | View 990 |
| 2021 | $719K | $617K | $1.2M | $664K | — | — |
| 2020 | $829K | $875K | $1.1M | $692K | — | View 990 |
| 2019 | $854K | $852K | $1.1M | $589K | — | View 990 |
| 2018 | $864K | $916K | $1.1M | $596K | — | View 990 |
| 2017 | $849K | $755K | $1.1M | $637K | — | — |
| 2016 | $841K | $703K | $935K | $516K | — | View 990 |
| 2015 | $853K | $669K | $412K | $131K | — | View 990 |
| 2014 | $706K | $686K | $261K | $164K | — | View 990 |
| 2013 | $711K | $684K | $122K | $20K | — | View 990 |
| 2012 | $742K | $712K | $72K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $958K, and assets of $1.4M (revenue +16.4% year-over-year).
- 2022: Revenue of $999K, expenses of $876K, and assets of $1.2M (revenue +38.9% year-over-year).
- 2021: Revenue of $719K, expenses of $617K, and assets of $1.2M (revenue -13.2% year-over-year).
- 2020: Revenue of $829K, expenses of $875K, and assets of $1.1M (revenue -3.0% year-over-year).
- 2019: Revenue of $854K, expenses of $852K, and assets of $1.1M (revenue -1.1% year-over-year).
- 2018: Revenue of $864K, expenses of $916K, and assets of $1.1M (revenue +1.7% year-over-year).
- 2017: Revenue of $849K, expenses of $755K, and assets of $1.1M (revenue +1.0% year-over-year).
- 2016: Revenue of $841K, expenses of $703K, and assets of $935K (revenue -1.4% year-over-year).
- 2015: Revenue of $853K, expenses of $669K, and assets of $412K (revenue +20.8% year-over-year).
- 2014: Revenue of $706K, expenses of $686K, and assets of $261K (revenue -0.8% year-over-year).
- 2013: Revenue of $711K, expenses of $684K, and assets of $122K (revenue -4.1% year-over-year).
- 2012: Revenue of $742K, expenses of $712K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Waldorf Association The Redmont School Inc:
Data Sources and Methodology
This transparency report for Alabama Waldorf Association The Redmont School 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.