Turnaround Management Association Of Alabama Inc is located in Gardendale, AL.
For the year ending 12/2017, Turnaround Management Association Of Alabama Inc generated $26.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $29.9k during the year ending 12/2017. While expenses have increased by 13.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
TO PROMOTE HIGH STANDARDS OF PRACTICE AND IMPROVED METHODOLOGIES IN TURNAROUND MANAGEMENT.TO FOSTER PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR TURNAROUND PROFESSIONALS, ENHANCING THE NECESSARY COMPETENCIES FOR SUCCESSFUL PRACTICE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Meek Director At Large | 1 | $0 | |
Jeremy Retherford Past President | 1 | $0 | |
Rachael Hodo Administrative Officer | 1 | $0 | |
Leland Murphree President | 1 | $0 | |
Cathy Moore President - Elect | 1 | $0 | |
Dan Sparks Director At Large | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,887 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,600 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,831 |
| Total expenses | $29,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,274 |
| Other assets | $0 |
| Total assets | $41,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,274 |