Linly Heflin Unit

Organization Overview

Linly Heflin Unit is located in Birmingham, AL. The organization was established in 1959. 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. Linly Heflin Unit 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 05/2024, Linly Heflin Unit generated $819.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.0m during the year ending 05/2024. While expenses have increased by 11.5% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

GRANT SCHOLARSHIPS TO YOUNG WOMEN WHO ATTEND COLLEGES AND UNIVERSITIES WITHIN ALABAMA

Describe the Organization's Program Activity:

Part 3 - Line 4a

LINLY HEFLIN UNIT, INC. (THE ORGANIZATION) IS A NONPROFIT ORGANIZATION THAT PROVIDES SCHOLARSHIPS TO YOUNG WOMEN OF ALABAMA, SO THAT THEY MAY ATTEND ALABAMA COLLEGES OR UNIVERSITIES. THE ORGANIZATION RECEIVES THE MAJORITY OF ITS REVENUE FROM DIRECT PUBLIC SUPPORT, DONATIONS, INTEREST, AND DIVIDENDS.


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Board, Officers & Key Employees

Name (title)Compensation
Carla Roberson
President
$0
Sumner Starling
1st Vice President
$0
Katherine Debuys
2nd Vice President
$0
Ellen Walker
Recording Secretary
$0
Fontaine Pope
Corresponding Secretary
$0
Kathy Hoskins
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$14,695
Fundraising events$274,853
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$101,181
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$390,729
Total Program Service Revenue$0
Investment income $261,801
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $258,351
Net Income from Fundraising Events -$91,402
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $819,479

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