Business And Education Alliance Of Alabama
- Assets
- $140.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3291520
Organization Overview
Business And Education Alliance Of Alabama is located in Montgomery, AL. The organization was established in 2014. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Business And Education Alliance Of Alabama 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, Business And Education Alliance Of Alabama generated $129.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $153.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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 Mission:
Part 3 - Line 1
THE MISSION OF BEA IS TO FOSTER COOPERATION AMONG THE BUSINESS AND EDUCATION COMMUNITIES IN ALABAMA FOR THE GOAL OF CREATING OPPORTUNITIES TO ENSURE ALABAMA'S STUDENTS ARE THE HIGHEST PRIORITY WITH RESPECT TO POLICIES, REFORMS AND FUNDING FOR PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3
FOSTER COOPERATION AMONG BUSINESS AND EDUCATION COMMUNITIES IN ALABAMA TO ENSURE ALABAMA STUDENTS ARE THE HIGHEST PRIORITY WITH RESPECT TO POLICY, REFORM, AND FUNDING.
CONDUCT INDEPENDENT RESEARCH ON POLICY DEVELOPMENTS FACING ALABAMA AND BE A CREDIBLE SOURCE IN ALABAMA FOR UNBIASED, NONPOLITICAL, AND ACCURATE INFORMATION AND STATISTICS ON TOPICS RELATED TO ALABAMA'S PUBLIC SCHOOLS AND ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Brooke Board Member | 0.25 | $0 | |
Paul Pinyan Board Member | 0.25 | $0 | |
Robin Stone Board Member | 0.25 | $0 | |
Helena Duncan Board Member | 0.25 | $0 | |
Joseph B Morton President | 25 | $48,000 | |
Jeremy Arthur Secretary - Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $79,175 |
| Occupancy, rent, utilities, and maintenance | $15,772 |
| Printing, publications, postage, and shipping | $4,024 |
| Other expenses | $6,556 |
| Total expenses | $153,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,052 |
| Other assets | $0 |
| Total assets | $140,052 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,052 |