EAST LAKE INITIATIVE

EIN: 271941412 501(c)(3) Housing & Shelter

BIRMINGHAM, AL

Total Revenue
$1,535,158
Total Expenses
$1,255,060
Total Assets
$2,583,126
Net Assets
$2,580,095
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AL
Principal Officer
PAMELA C BATES
Phone
2053252237
Tax Period
2025-01-01 to 2025-12-31

EAST LAKE INITIATIVE, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $163K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $143K left a modest 12% surplus.

Mission

OUR MISSION IS TO OFFER FAMILY-CENTERED COACHING AND FOSTER THRIVING COMMUNITIES. OUR CORE VALUES ARE COMPASSION, INTEGRITY, UNITY, AND GRIT. OUR MISSION AND VALUES GUIDE EVERYTHING WE DO, FROM HOW WE DESIGN PROGRAMS TO HOW WE HAVE CONVERSATIONS. AT ELI THRIVE, WE SEE EVERY PARTICIPANT AS RESILIENT AND CAPABLE OF THRIVING. OUR GOAL IS TO EMPOWER FAMILIES TOWARD SELF-SUFFICIENCY THROUGH KINDNESS, COMPASSION, AND ACCOUNTABILITY. WE RECOGNIZE THE DIFFERENCE BETWEEN ENABLING AND EMPOWERING. ENABLING FOCUSES ON SOLVING PROBLEMS FOR SOMEONE, OFTEN CREATING DEPENDENCE. EMPOWERING, ON THE OTHER HAND, MEANS EQUIPPING FAMILIES WITH TOOLS, CONFIDENCE, AND SUPPORT SO THEY CAN SOLVE CHALLENGES THEMSELVES AND BUILD LASTING INDEPENDENCE. WE BELIEVE THAT WHEN FAMILIES THRIVE, COMMUNITIES THRIVE. AND WE BELIEVE THAT AS A STAFF AND TEAM, WE MUST LIVE OUT THOSE VALUES EVERY DAY.

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,361,654
Program Service Revenue $0
Investment Income $146,027
Other Revenue $27,477
TOTAL REVENUE $1,535,158

Expense Breakdown

Grants Paid $24,597
Salaries & Benefits $765,812
Fundraising Expenses $14,676
Program Expenses $970,295
Other Expenses $464,651
TOTAL EXPENSES $1,255,060

Year-over-Year Comparison

2025 2024 Change
Revenue $1,535,158 $1,306,421 +0.2%
Expenses $1,255,060 $886,647 +0.4%
Net Income $280,098 $419,774 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
14
Volunteers
11

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
5
$155,763
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHRISTIAN ADEDOYIN MSW PHD BOARD MEMBER 1.00
Director
$0 $0 $0
BEN BIRDSONG CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KRISTEN JONES BOARD MEMBER 1.00
Director
$0 $0 $0
PAM MANGHAM TREASURER 1.00
Officer Director
$0 $0 $0
FLORESHA WATKINS BOARD MEMBER 1.00
Director
$0 $0 $0
KEISHA TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL BOWMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SONJA SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
CANDI FORBES BOARD MEMBER 1.00
Director
$0 $0 $0
BRADLEY PINKERTON TREASURER- ELECT 1.00
Officer Director
$0 $0 $0
PAMELA BATES EXECUTIVE DIRECTOR 40.00
Officer
$62,017 $0 $62,017
MYRON THOMAS CHIEF OPERATING OFFICER 40.00
Officer
$77,108 $16,638 $93,746
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
2025 $1,535,158 $1,255,060 $2,583,126 $280,098
2024 No data No data No data No data
2023 $1,325,664 $788,870 $1,881,160 $536,794
2022 $927,300 $604,177 $1,345,660 $323,123
2021 $767,200 $488,206 $1,096,224 $278,994
2020 $278,567 $229,913 $876,065 $48,654
2019 $226,061 $180,580 $773,678 $45,481
2018 $162,524 $142,904 $732,787 $19,620
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