Alabama Family Trust Corporation
- Assets
- $2.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Vestavia, AL
- Founding
- 01/1996
- Data as of
- 09/2021
- EIN
- 63-1144514
Organization Overview
Alabama Family Trust Corporation is located in Vestavia, AL. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 09/2021, Alabama Family Trust Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Family Trust Corporation 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 09/2021, Alabama Family Trust Corporation generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.0m during the year ending 09/2021. While expenses have increased by 4.6% per year over the past 6 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
SEE SCHEDULE O FOR MISSION STATEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF 700 TO 800 SPECIAL NEEDS TRUSTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lesley Byars Cfo/tax Officer | Officer | 40 | $118,160 |
Melanie Bradford Holliman Executive Dir. | Officer | 22 | $113,939 |
Shannon Brubaker Chief Admin Off | Officer | 40 | $68,055 |
Clayton Davis Trustee President | OfficerTrustee | 2.5 | $0 |
Lynn Campisi Trustee Vice President | OfficerTrustee | 2 | $0 |
James Walsh Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,374,520 |
| Investment income | $22,516 |
| 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 | $1,397,036 |
| 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. | $308,398 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,079 |
| Pension plan accruals and contributions | $14,880 |
| Other employee benefits | $53,878 |
| Payroll taxes | $37,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,582 |
| Fees for services: Accounting | $2,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $220,674 |
| Fees for services: Other | $1,041 |
| Advertising and promotion | $35,439 |
| Office expenses | $28,395 |
| Information technology | $30,258 |
| Royalties | $0 |
| Occupancy | $18,341 |
| Travel | $313 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,238 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,980 |
| Insurance | $21,115 |
| All other expenses | $467 |
| Total functional expenses | $1,039,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,623,146 |
| 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 | $3,637 |
| Net Land, buildings, and equipment | $11,580 |
| Investments—publicly traded securities | $871,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $2,510,686 |
| Accounts payable and accrued expenses | $46,752 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $389,111 |
| 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 | $435,863 |
| Net assets without donor restrictions | $2,074,823 |
| 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 | $2,510,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kids Wish Network Inc Palm Harbor, FL | $3,451,102 | $12,542,226 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Sober Living America Inc Woodstock, GA | $3,253,129 | $12,866,607 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Project Community Connections Inc Snellville, GA | $7,907,860 | $10,954,285 |
Tampa Hillsborough Homeless Initiative Tampa, FL | $4,250,151 | $9,737,223 |
Marion Senior Services Inc Ocala, FL | $7,181,619 | $7,456,492 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |
Northwest Tennessee Human Resource Agency Martin, TN | $9,574,650 | $6,316,395 |
Creative Community Services Inc Norcross, GA | $1,958,708 | $6,893,740 |
Friends Of Disabled Adults And Children Too Inc Stone Mountain, GA | $3,731,936 | $6,098,099 |