Community Foundation Of Eastalabama Inc

Community Foundation Of Eastalabama Inc maintains growing assets with zero reported officer compensation, despite fluctuating annual revenues and expenses.

EIN: 208660184 · Opelika, AL · NTEE: T31 · Updated: 2026-03-28

$49KRevenue
$11KAssets
90/100Mission Score (Excellent)
T31
Community Foundation Of Eastalabama Inc Financial Summary
MetricValue
Total Revenue$49K
Total Expenses$417K
Program Spending90%
Net Assets$1.7M
Transparency Score90/100

Is Community Foundation Of Eastalabama Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Foundation Of Eastalabama Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Foundation Of Eastalabama Inc

Community Foundation Of Eastalabama Inc (EIN: 208660184) is a nonprofit organization based in Opelika, AL, classified under NTEE code T31. The organization reported total revenue of $49K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation Of Eastalabama Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
11Years of Filings
MixedRevenue Trajectory

Community Foundation Of Eastalabama Inc is a micro nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 15.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$298K
Total Expenses$417K
Surplus / Deficit$-118,264
Total Assets$1.7M
Total Liabilities$183
Net Assets$1.7M
Operating Margin-39.6%
Debt-to-Asset Ratio0.0%
Months of Reserves48.4 months

Financial Health Grade: B

In 2023, Community Foundation Of Eastalabama Inc reported a deficit of $118K with expenses exceeding revenue, holds 48.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 11 years of filings (2013–2023), Community Foundation Of Eastalabama Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-1.8%+165.1%-2.3%
2022-3.2%-48.4%+2.1%
2021+37.6%-0.8%+5.9%
2020-77.4%+7.9%-2.6%
2019+104.0%+229.5%+93.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Community Foundation Of Eastalabama Inc demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $1,679,721 in 2023. Revenue and expenses have fluctuated, with a notable surplus in 2022 ($303,734 revenue vs. $157,144 expenses) and a deficit in 2023 ($298,380 revenue vs. $416,644 expenses). The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances transparency and trust, as it suggests a volunteer-driven leadership or very modest compensation not reported as officer pay. While the overall financial health appears sound, the recent deficit in 2023 warrants attention to ensure it's a planned strategic investment rather than a trend. The organization's NTEE code T31 (Community Foundations) suggests a focus on grantmaking and supporting local initiatives, which typically involves distributing funds rather than accumulating large operational expenses. The absence of reported officer compensation across all filings is a significant positive for transparency and efficiency, indicating that administrative costs are likely kept low in this area. The consistent growth in assets, despite revenue fluctuations, suggests effective asset management and donor confidence over the long term.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Foundation Of Eastalabama Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Community Foundation Of Eastalabama Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$298KTotal Revenue
$417KTotal Expenses
$1.7MTotal Assets
$183Total Liabilities
$1.7MNet Assets
  • The organization reported a deficit of $118K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer pay, which is highly efficient for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Community Foundation Of Eastalabama Inc's IRS 990 filings:

  • Significant expense increase in 2023 leading to a deficit ($416,644 expenses vs. $298,380 revenue) without clear explanation in provided data.

Strengths

The following positive indicators were identified for Community Foundation Of Eastalabama Inc:

  • Consistent asset growth, reaching $1,679,721 in 2023.
  • 0% reported officer compensation across all filings, indicating high efficiency.
  • Strong financial transparency regarding executive pay.
  • Positive net assets, demonstrating long-term financial stability.

Frequently Asked Questions about Community Foundation Of Eastalabama Inc

Is Community Foundation Of Eastalabama Inc a legitimate charity?

Community Foundation Of Eastalabama Inc (EIN: 208660184) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $49K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Community Foundation Of Eastalabama Inc spend its money?

Community Foundation Of Eastalabama Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Community Foundation Of Eastalabama Inc tax-deductible?

Community Foundation Of Eastalabama Inc is registered as a tax-exempt nonprofit (EIN: 208660184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Community Foundation Of Eastalabama Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Community Foundation Of Eastalabama Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Community Foundation Of Eastalabama Inc located?

Community Foundation Of Eastalabama Inc is headquartered in Opelika, Alabama and files with the IRS under EIN 208660184. It is classified under NTEE code T31.

How many years of IRS 990 filings does Community Foundation Of Eastalabama Inc have?

Community Foundation Of Eastalabama Inc has 11 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 $49K in total revenue.

Is Community Foundation Of Eastalabama Inc a good charity?

Based on the available data, the Community Foundation Of Eastalabama Inc appears to be a good charity. It demonstrates strong financial efficiency with 0% reported officer compensation, consistent asset growth, and a mission-aligned NTEE code (Community Foundations). The organization's commitment to directing funds away from executive salaries is a significant positive.

What caused the significant expense increase in 2023?

In 2023, expenses increased to $416,644 from $157,144 in 2022. Without detailed expense breakdowns from the 990 filing, it's unclear if this was due to increased program spending, administrative overhead, or specific one-time investments. Further investigation into the 2023 filing's Part IX (Statement of Functional Expenses) would be needed.

How does the organization sustain itself with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized differently (e.g., as program staff salaries if they also perform program duties) or is below the reporting threshold for officers. This model significantly reduces administrative overhead.

Filing History

IRS 990 filing history for Community Foundation Of Eastalabama Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Community Foundation Of Eastalabama Inc's revenue has grown by 333.7%, moving from $69K to $298K. Total assets increased by 740.5% over the same period, from $200K to $1.7M. Total functional expenses rose by 1062.2%, from $36K to $417K. In its most recent filing year (2023), Community Foundation Of Eastalabama Inc reported a deficit of $118K, with expenses exceeding revenue. The organization holds $183 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $298K $417K $1.7M $183
2022 $304K $157K $1.7M $4K
2021 $314K $304K $1.7M $2K View 990
2020 $228K $307K $1.6M $761
2019 $1.0M $284K $1.6M $4K View 990
2018 $495K $86K $843K $0 View 990
2017 $411K $172K $471K $0 View 990
2016 $42K $78K $226K $0 View 990
2015 $183K $219K $247K $0 View 990
2014 $234K $151K $283K $0 View 990
2013 $69K $36K $200K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $298K, expenses of $417K, and assets of $1.7M (revenue -1.8% year-over-year).
  • 2022: Revenue of $304K, expenses of $157K, and assets of $1.7M (revenue -3.2% year-over-year).
  • 2021: Revenue of $314K, expenses of $304K, and assets of $1.7M (revenue +37.6% year-over-year).
  • 2020: Revenue of $228K, expenses of $307K, and assets of $1.6M (revenue -77.4% year-over-year).
  • 2019: Revenue of $1.0M, expenses of $284K, and assets of $1.6M (revenue +104.0% year-over-year).
  • 2018: Revenue of $495K, expenses of $86K, and assets of $843K (revenue +20.4% year-over-year).
  • 2017: Revenue of $411K, expenses of $172K, and assets of $471K (revenue +872.8% year-over-year).
  • 2016: Revenue of $42K, expenses of $78K, and assets of $226K (revenue -77.0% year-over-year).
  • 2015: Revenue of $183K, expenses of $219K, and assets of $247K (revenue -21.6% year-over-year).
  • 2014: Revenue of $234K, expenses of $151K, and assets of $283K (revenue +240.2% year-over-year).
  • 2013: Revenue of $69K, expenses of $36K, and assets of $200K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Community Foundation Of Eastalabama Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Community Foundation Of Eastalabama 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.

Other Nonprofits in Alabama

Explore more nonprofits based in Alabama with AI-powered transparency reports.

View all Alabama nonprofits →

Similar Organizations (NTEE T31)

Other nonprofits classified under NTEE code T31.

View all T31 nonprofits →

Explore Related Nonprofits

Browse by State