APT Foundation

EIN: 263740432 501(c)(3) Education

Birmingham, AL

Total Revenue
$2,900,977
Total Expenses
$3,845,883
Total Assets
$571,732
Net Assets
$497,169
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AL
Principal Officer
Melissa Austin
Phone
2053288756
Tax Period
2023-10-01 to 2024-09-30

APT Foundation, founded in 2007, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2023. Expenses of $3.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

The APTF's sole purpose is to provide funding support for Alabama Public Television (APT); therefore, it fully embraces the stated mission of APT. In summary, APT is committed to enrich the lives of Alabama citizens by providing essential educational services with the highest quality direct instructional content through digital streaming; by acting as an indispensable resource of Alabama's Storyteller; by promoting Alabama to the world as a unique community postured for business and growth; by working closely with Homeland Security and state agencies to provide a statewide network to disseminate information effectively in times of disaster; by bringing the very best in the world of music, theater, dance and the arts to enrich and inspire the lives of the people of our state; and by offering programming that educates the citizenry, giving them the means and the desire to reach their highest potential through the development of a strong work ethic bonded to honesty and integrity.

Program Service Accomplishments

Program 1
Expenses: $2,032,255 Revenue: $2,900,977

The APTF's primary service is to raise funds to provide an annual operating grant to APT. The APTF does this by providing an operating grant to APT after paying for all fundraising expenses and its...

Read more

The APTF's primary service is to raise funds to provide an annual operating grant to APT. The APTF does this by providing an operating grant to APT after paying for all fundraising expenses and its allocated share of overhead expenses.

Program 2
Expenses: $180,587

APT leases the majority of its content for television from the Public Broadcast Service (PBS) and is a member affiliate of this distributor. APT also leases a smaller amount of its content needs from...

Read more

APT leases the majority of its content for television from the Public Broadcast Service (PBS) and is a member affiliate of this distributor. APT also leases a smaller amount of its content needs from various other distributors. The APTF assisted directly with the costs of purchasing and promoting these programs.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,849,801
Program Service Revenue $0
Investment Income $51,176
Other Revenue $0
TOTAL REVENUE $2,900,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $930,461
Program Expenses $2,212,842
Other Expenses $3,845,883
TOTAL EXPENSES $3,845,883

Year-over-Year Comparison

2023 2022 Change
Revenue $2,900,977 $2,826,818 +0.0%
Expenses $3,845,883 $3,434,174 +0.1%
Net Income $-944,906 $-607,356 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
6
$439,478
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Johnny L Curry Board Member 1.00
Director
$0 $0 $0
Ferris W Stephens Board Member 1.00
Director
$0 $0 $0
Barry B Copeland Board Member 1.00
Director
$0 $0 $0
D Wayne Reid Board Member 1.00
Director
$0 $36,429 $218,972
Philip F Hutcheson Board Member 1.00
Director
$0 $36,733 $220,506
Melissa Austin Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,900,977 $3,845,883 $571,732 $-944,906
2023 $2,826,818 $3,434,174 $1,542,386 $-607,356
2022 $2,979,331 $2,361,249 $2,285,532 $618,082
2021 $3,063,528 $2,726,087 $1,647,434 $337,441
2020 $3,017,046 $2,740,498 $1,220,013 $276,548
2019 $2,766,095 $2,542,401 $967,947 $223,694
2018 $2,725,292 $2,501,943 $691,013 $223,349
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare APT Foundation with other nonprofits in Alabama and across the country.