Nami Alabama Inc
- Assets
- $740.7k
- Revenue
- $559.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Montgomery, AL
- Founding
- 06/1998
- Data as of
- 09/2023
- EIN
- 63-0977897
Organization Overview
Nami Alabama Inc is located in Montgomery, AL. The organization was established in 1998. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 09/2023, Nami Alabama Inc employed 9 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Nami Alabama 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 09/2023, Nami Alabama Inc generated $559.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $621.7k during the year ending 09/2023. While expenses have increased by 16.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ADOVCACY AND SUPPORT FOR THE MENTALLY ILL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAMI PROVIDES ADVOCACY, EDUCATION, SUPPORT AND PUBLIC AWARENESS SO THAT ALL INDIVIDUALS AND FAMILIES AFFECTED BY MENTAL ILLNESS CAN BUILD BETTER LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hon Frank Barger Director | Trustee | 2 | $0 |
Dr Badari Biru Director | Trustee | 2 | $0 |
Heather Brown Director | Trustee | 2 | $0 |
Jim Crego Director | Trustee | 2 | $0 |
Ethel Green Director | Trustee | 2 | $0 |
Teena Mcguinness Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $444,072 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,983 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,055 |
| Total Program Service Revenue | $1,138 |
| Investment income | $4,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,312 |
| Net Income from Fundraising Events | $19,054 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $559,471 |
| 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. | $62,442 |
| Compensation of current officers, directors, key employees. | $12,488 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,131 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,659 |
| Office expenses | $8,754 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,893 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,534 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $535 |
| All other expenses | $0 |
| Total functional expenses | $621,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,219 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $719 |
| 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 | $117,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $740,713 |
| Accounts payable and accrued expenses | $23,698 |
| 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 | $23,698 |
| Net assets without donor restrictions | $717,015 |
| Net assets with donor restrictions | $0 |
| 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 | $740,713 |