THE ALABAMA CONFERENCE OF BLACK MAYORS

EIN: 352512564 501(c)(3) Arts, Culture & Humanities

BIRMINGHAM, AL

Total Revenue
$21,260
Total Expenses
$32,657
Total Assets
$18,386
Net Assets
$18,386
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
AL
Principal Officer
VICKIE D MOORE
Phone
3344621154
Tax Period
2024-01-01 to 2024-12-31

THE ALABAMA CONFERENCE OF BLACK MAYORS, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $345K in total revenue in fiscal year 2022. Revenue surged 1040% from the prior year, signaling strong growth momentum. Expenses of $319K left a modest 7% surplus.

Mission

TO IMPLEMENT PROGRAMS THAT EMPOWER COMMUNITIES AND INCREASE THE QUALITY OF LIFE OF ALABAMA RESIDENTS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,260
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $21,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,657
Other Expenses $32,657
TOTAL EXPENSES $32,657

Year-over-Year Comparison

2024 2023 Change
Revenue $21,260 $284,841 -0.9%
Expenses $32,657 $284,510 -0.9%
Net Income $-11,397 $331 -35.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE HAYGOOD PRESIDENT 001.00
Director
$0 $0 $0
JACQULYN BOONE VICE PRESIDENT 001.00
Director
$0 $0 $0
JAMES STEWART TREASURER 001.00
Director
$0 $0 $0
LUVENIA LUMPKIN SECRETARY 001.00
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 $21,260 $32,657 $18,386 $-11,397
2023 $284,841 $284,510 $29,783 $331
2022 $344,665 $319,202 $29,452 $25,463
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