Alabama Forest Resources Center Inc
- Assets
- $5.9m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Mobile, AL
- Founding
- 07/1988
- Data as of
- 12/2021
- EIN
- 63-0958673
Organization Overview
Alabama Forest Resources Center Inc is located in Mobile, AL. The organization was established in 1988. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Forest Resources Center 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 Forest Resources Center Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 63.4% each year . All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 59.8% 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
THE ORGANIZATION FOCUSES ON PROVIDING SERVICES VIA CONSERVATION EASEMENTS, ADMINISTRATION OF VARIOUS GRANTS, EDUCATIONAL OUTREACH AND PLANNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALABAMA FOREST LAND TRUST, INC. PROMOTES AND PRESERVES THE PRODUCTIVITY OF ALABAMAS FOREST RESOURCES IN PERPETUITY VIA ACCEPTING, MONITORING, INSPECTING, AND DEFENDING CONSERVATION EASEMENTS.
ALABAMA FOREST LAND TRUST, INC. PROVIDES EDUCATIONAL OUTREACH AND PLANNING ASSISTANCE TO FOREST LANDOWNERS AND GOVERNMENT AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Dumont Executive Director | Officer | 40 | $132,082 |
Michael Delaney Vice President | OfficerTrustee | 2 | $0 |
Richard Brinker President | OfficerTrustee | 2 | $0 |
Grady Hartzog Treasurer | OfficerTrustee | 2 | $0 |
Jeff Mccollum Past President | OfficerTrustee | 2 | $0 |
Chris Oberholster Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $190,567 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,872,800 |
| Noncash contributions included in lines 1a–1f | $8,853,517 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,063,367 |
| Total Program Service Revenue | $0 |
| Investment income | $99,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,190,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,082 |
| Compensation of current officers, directors, key employees. | $13,208 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $19,812 |
| Other employee benefits | $15,036 |
| Payroll taxes | $10,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $960 |
| Advertising and promotion | $94 |
| Office expenses | $10,071 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,746 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,183 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57 |
| Insurance | $11,698 |
| All other expenses | $0 |
| Total functional expenses | $8,952,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,555 |
| Savings and temporary cash investments | $0 |
| 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 | $6,001 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,067,534 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,768,817 |
| Total assets | $5,892,907 |
| Accounts payable and accrued expenses | $50,842 |
| 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 | $0 |
| Total liabilities | $50,842 |
| Net assets without donor restrictions | $1,774,531 |
| Net assets with donor restrictions | $4,067,534 |
| 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 | $5,892,907 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Alabama Forest Resources Center Inc has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Sybil Smith Foundation Mobile, AL PURPOSE: COMMMUNITY WELFARE | $25,000 |
Hearin-Chandler Foundation Mobile, AL PURPOSE: OPERATING | $15,000 |
Hearin-Chandler Foundation Mobile, AL PURPOSE: OPERATING | $15,000 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $10,000 |
Endowment Analysis
| Beg. Balance | $2,385,458 |
| Earnings | $304,648 |
| Admin Expense | $13,679 |
| Net Contributions | $80,000 |
| Other Expense | $47,037 |
| Ending Balance | $2,709,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alabama Forest Resources Center Inc Mobile, AL | $5,892,907 | $9,190,296 |
Alabama Forestry Foundation Montgomery, AL | $1,371,492 | $1,972,884 |
Alabama Forestry Association Inc Montgomery, AL | $2,339,381 | $1,794,096 |
Mississippi Forestry Association Jackson, MS | $1,270,612 | $1,253,739 |
Georgia Forestry Foundation Inc Forsyth, GA | $3,195,251 | $1,986,921 |
Florida Forestry Association Inc Tallahassee, FL | $1,244,477 | $989,433 |
Tennessee Forestry Association Nashville, TN | $34,715 | $723,155 |
Cartinhour-Woods Foundation Inc Chattanooga, TN | $4,825,816 | $717,871 |
Mississippi Forestry Foundation Inc Jackson, MS | $630,312 | $359,440 |
Alliance For International Reforestation Inc Atlanta, GA | $517,497 | $286,376 |
Dumond Conservancy For Primates & Tropical Forest Inc Miami, FL | $253,752 | $151,974 |
Spalding Woods Club Inc Atlanta, GA | $240,887 | $0 |