Modern Financial Services Association Of Alabama is located in Montgomery, AL.
For the year ending 12/2016, Modern Financial Services Association Of Alabama generated $15.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.3% each year . All expenses for the organization totaled $20.9k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
TO ASSIST AND PROMOTE BUSINESSES INVOLVED IN THE CONSUMER FINANCIAL SERVICES INDUSTRY, SPECIFICALLY THE DEFERRED PRESENTMENT SERVICES INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buck W Wilson Board Member | 0 | $0 | |
Elisha Brown President | 0 | $0 | |
Meredith Broyles Board Member | 0 | $0 | |
Elaine Ennis Treasurer/se | 0 | $0 | |
Paul Goldman Board Member | 0 | $0 | |
Louise Lee Vice Preside | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,800 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,822 |
| 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 | $20,493 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $441 |
| Total expenses | $20,934 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,593 |
| Other assets | $0 |
| Total assets | $5,593 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,593 |