Alabama Cattlemens Foundation Inc is located in Montgomery, AL. The organization was established in 1986. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Cattlemens Foundation Inc 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 12/2021, Alabama Cattlemens Foundation Inc generated $307.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $153.2k during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GRANT SCHOLARSHIPS TO STUDENTS AND EDUCATE THE PUBLIC AS TO THE HISTORY OF THE CATTLE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE CATTLE INDUSTRY BY PROVIDING SCHOLARSHIPS TO DESERVING YOUTH AND TO EDUCATE THE GENERAL PUBLIC AS TO THE HISTORY AND IMPORTANCE OF THE CATTLE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clay Kennamer President | OfficerTrustee | 2 | $0 |
Jim Jordan President Elect | OfficerTrustee | 2 | $0 |
Chuck Madaris Vice President | OfficerTrustee | 2 | $0 |
Erin Beasley Executive Vice President | OfficerTrustee | 2 | $0 |
Richard Meadows Treasurer | OfficerTrustee | 2 | $0 |
Joe Bradley Regional VP | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $162,956 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $162,956 |
Total Program Service Revenue | $1,500 |
Investment income | $82,920 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $59,938 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $307,314 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $79,750 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,669 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $493 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $17,212 |
Fees for services: Other | $0 |
Advertising and promotion | $6,392 |
Office expenses | $1,757 |
Information technology | $284 |
Royalties | $0 |
Occupancy | $0 |
Travel | $122 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,696 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $227 |
All other expenses | $906 |
Total functional expenses | $153,162 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $192,576 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,741,262 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,933,838 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $368 |
Total liabilities | $368 |
Net assets without donor restrictions | $1,553,151 |
Net assets with donor restrictions | $380,319 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,933,838 |
Over the last fiscal year, we have identified 1 grants that Alabama Cattlemens Foundation Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Claxton Poultry Farms Trust Claxton, GA | $1,415,506 | $8,695,488 |
Alabama Cattlemens Association Montgomery, AL | $5,378,419 | $2,850,910 |
Florida Cattlemens Association Kissimmee, FL | $2,742,826 | $1,860,018 |
Tennessee Walking Horse Breeders & Exhibitors Association Lewisburg, TN | $1,795,038 | $1,391,959 |
Georgia Cattlemens Association Inc Macon, GA | $1,277,076 | $1,308,478 |
Tennessee Cattlemens Association Murfreesboro, TN | $1,366,983 | $701,337 |
Mississippi Poultry Association Inc Pearl, MS | $623,322 | $611,729 |
Mississippi Cattlemens Association Jackson, MS | $631,082 | $564,738 |
Southeastern Livestock Exposition Inc Montgomery, AL | $949,807 | $512,331 |
Florida Paso Fino Horse Association Inc Doral, FL | $103,749 | $479,866 |
National Independent Poultry & Food Distributors Association Saint Marys, GA | $865,651 | $503,189 |
Gypsy Vanner Horse Society Morriston, FL | $188,025 | $324,966 |