THE ALABAMA CONFERENCE OF BLACK MA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

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 micro nonprofit in the Arts, Culture & Humanities sector that reported $21K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $33K exceeded revenue, resulting in a 54% operating deficit.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $32,657 Revenue: $18,386

HEALTH AWARENESS EVENT FOR INNER CITY COMMUNITIES

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Trantor Score

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

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

THE ALABAMA CONFERENCE OF BLACK MAYORS