Alabama Grocers Education Foundation
- Assets
- $245.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 09/1993
- Data as of
- 12/2022
- EIN
- 63-1077970
Organization Overview
Alabama Grocers Education Foundation is located in Birmingham, AL. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Grocers Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Alabama Grocers Education Foundation generated $124.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $115.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL FINANCIAL ASSISTANCE PROVIDED TO APPROXIMATELY 39 STUDENTS INCLUDING THE PROCESS OF CHOOSING RECEIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Sim Vice Chairman | 5 | $0 | |
Don Richardson Secretary/treasurer | 5 | $0 | |
Ellie Taylor President | 5 | $0 | |
Tom Sayers Chairman | 5 | $0 | |
Austin Virciglio Trustee | 0 | $0 | |
Rob Renfroe Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,036 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,585 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$14,861 |
| Other Revenue | $0 |
| Total Revenue | $124,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $49,848 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,804 |
| Other expenses | $22,511 |
| Total expenses | $115,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $245,347 |
| Other assets | $0 |
| Total assets | $245,347 |
| Total liabilities | $18,535 |
| Net assets or fund balances | $226,812 |