Alabama Grocers Education Foundation
- Assets
- $267.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 63-1077970
Organization Overview
Alabama Grocers Education Foundation is located in Birmingham, AL. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Alabama Grocers Education Foundation 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 Grocers Education Foundation generated $127.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $101.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL FINANCIAL ASSISTANCE PROVIDED TO APPROXIMATELY 36 STUDENTS INCLUDING THE PROCESS OF CHOOSING RECEIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Richardson Secretary/treasurer | 5 | $0 | |
Ellie Taylor President | 5 | $0 | |
Jai Freeman Trustee | 0 | $0 | |
Mike Hanson Vice Chairman | 5 | $0 | |
Rob Renfroe Trustee | 0 | $0 | |
Tim Cano Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,695 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31,931 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,483 |
| Other Revenue | $81 |
| Total Revenue | $127,224 |
| 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 | $44,341 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,896 |
| Other expenses | $15,858 |
| Total expenses | $101,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $267,797 |
| Other assets | $0 |
| Total assets | $267,797 |
| Total liabilities | $19,053 |
| Net assets or fund balances | $248,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Grocers Education Foundation has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EDUCATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Special Operations Warrior Foundation Tampa, FL | $175,400,415 | $16,396,122 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |