Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio
- Assets
- $232.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 11/1995
- Data as of
- 06/2020
- EIN
- 63-1139125
Organization Overview
Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio is located in Montgomery, AL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio 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 06/2020, Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $7.9k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (32.2%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARDED TO STUDENTS TO FURTHER THEIR CAREER GOALS AND DREAMS THROUGH ATTENDING POSTSECONDARY PROGRAMS, CAREER-RELATED ACTIVITIES, AND EXPERIENCING THE POSITIVE RESULTS OF COOPERATIVE EFFORTS. SIX SCHOLARSHIPS WERE AWARDED FOR THE FISCAL YEAR ENDED JUNE 30, 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Higgins President, Board Chairman | 1 | $0 | |
Laura Carrington Co-Treasurer | 1 | $0 | |
Wanda Mccoy Co-Treasurer | 1 | $0 | |
Joseph Borg Committee Member | 1 | $0 | |
Kendall H Haywood Committee Member | 1 | $0 | |
Leane Skinner Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,520 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,952 |
| Investment income | $5,452 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,924 |
| Statement of Expenses | |
|---|---|
| Total expenses | $7,948 |
| Balance Sheet | |
|---|---|
| Total assets | $232,421 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,421 |
Grants Awarded
Over the last fiscal year, Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio has awarded $60,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Montgomery, AL PURPOSE: NLC AWARDS | $52,200 |
Montgomery, AL PURPOSE: NLC AWARDS | $8,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Future Business Leaders Of American-Phi Beta Lambda Foundatio has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Investor Protection Tr Washington, DC PURPOSE: PROGRAM SUPPORT | $9,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genesis Innovation Academy Inc Atlanta, GA | $15,607,375 | $11,246,482 |
Asheville Christian Academy Inc Swannanoa, NC | $26,373,626 | $11,567,824 |
Fredericksburg Academy Fredericksburg, VA | $16,548,090 | $10,152,012 |
Union County Charter Education Association Indian Trail, NC | $12,495,232 | $9,398,054 |
Downtown Doral Charter Upper School Doral, FL | $36,938,275 | $10,149,237 |
Kings Daughters School Of Maury County Tennessee Columbia, TN | $22,315,744 | $10,828,649 |
Downtown Doral Charter Elementary School Inc Doral, FL | $28,691,457 | $12,580,440 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Frederica Academy Inc St Simons Island, GA | $20,227,220 | $10,623,621 |
Davidson Academy Nashville, TN | $9,350,690 | $10,499,283 |
Jacksonville State University Foundation Jacksonville, AL | $99,989,549 | $15,547,897 |