Special Olympics Alabama Foundation
EIN: 631236518 · Montgomery, AL · NTEE: N72
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $3K |
| Net Assets | $632K |
Is Special Olympics Alabama Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Special Olympics Alabama Foundation
Special Olympics Alabama Foundation (EIN: 631236518) is a nonprofit organization based in Montgomery, AL, classified under NTEE code N72. The organization reported total revenue of $5K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Special Olympics Alabama Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Special Olympics Alabama Foundation is a micro nonprofit that has been operating for 26 years, with 8 years of IRS 990 filings on record (2009–2016). Revenue has grown at a compound annual rate of -18.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $3K |
| Surplus / Deficit | +$2K |
| Total Assets | $632K |
| Net Assets | $632K |
| Operating Margin | 31.2% |
| Months of Reserves | 2191.6 months |
Financial Health Grade: A
In 2016, Special Olympics Alabama Foundation reported a surplus of $2K with revenue exceeding expenses, holds 2191.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2009–2016), Special Olympics Alabama Foundation's revenue has declined at a compound annual growth rate (CAGR) of -18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +37.5% | — | +0.2% |
| 2015 | -62.2% | -100.0% | -13.3% |
| 2014 | -19.9% | -31.8% | +0.8% |
| 2013 | -4.7% | -28.3% | +0.9% |
| 2012 | +96.1% | -2.1% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Special Olympics Alabama Foundation 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 Special Olympics Alabama Foundation 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Special Olympics Alabama Foundation
Is Special Olympics Alabama Foundation a legitimate charity?
Special Olympics Alabama Foundation (EIN: 631236518) is a registered tax-exempt nonprofit based in Alabama. It has 8 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: A.
How does Special Olympics Alabama Foundation spend its money?
Special Olympics Alabama Foundation reported $5K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Special Olympics Alabama Foundation tax-deductible?
Special Olympics Alabama Foundation is registered as a tax-exempt nonprofit (EIN: 631236518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Special Olympics Alabama Foundation located?
Special Olympics Alabama Foundation is headquartered in Montgomery, Alabama and files with the IRS under EIN 631236518. It is classified under NTEE code N72.
How many years of IRS 990 filings does Special Olympics Alabama Foundation have?
Special Olympics Alabama Foundation has 8 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 $5K in total revenue.
Filing History
IRS 990 filing history for Special Olympics Alabama Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2009–2016), Special Olympics Alabama Foundation's revenue has declined by 75.8%, moving from $21K to $5K. Total assets decreased by 12.9% over the same period, from $726K to $632K. Total functional expenses fell by 93.8%, from $56K to $3K. In its most recent filing year (2016), Special Olympics Alabama Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $5K | $3K | $632K | $0 | — | View 990 |
| 2015 | $4K | $0 | $631K | $0 | — | View 990 |
| 2014 | $10K | $4K | $727K | $0 | — | View 990 |
| 2013 | $12K | $6K | $721K | $0 | — | View 990 |
| 2012 | $13K | $8K | $715K | $0 | — | View 990 |
| 2011 | $6K | $8K | $710K | $0 | — | View 990 |
| 2010 | $15K | $30K | $711K | $0 | — | View 990 |
| 2009 | $21K | $56K | $726K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $5K, expenses of $3K, and assets of $632K (revenue +37.5% year-over-year).
- 2015: Revenue of $4K, expenses of $0, and assets of $631K (revenue -62.2% year-over-year).
- 2014: Revenue of $10K, expenses of $4K, and assets of $727K (revenue -19.9% year-over-year).
- 2013: Revenue of $12K, expenses of $6K, and assets of $721K (revenue -4.7% year-over-year).
- 2012: Revenue of $13K, expenses of $8K, and assets of $715K (revenue +96.1% year-over-year).
- 2011: Revenue of $6K, expenses of $8K, and assets of $710K (revenue -57.7% year-over-year).
- 2010: Revenue of $15K, expenses of $30K, and assets of $711K (revenue -26.3% year-over-year).
- 2009: Revenue of $21K, expenses of $56K, and assets of $726K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Special Olympics Alabama Foundation:
Data Sources and Methodology
This transparency report for Special Olympics Alabama Foundation 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.