ALABAMA FAMILIES FOR GREAT SCHOOLS

EIN: 465646549 Education

BIRMINGHAM, AL

Total Revenue
$483,980
Total Expenses
$510,831
Total Assets
$29,371
Net Assets
$17,121
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
AL
Principal Officer
EMILY SCHULTZ
Phone
2055778704
Tax Period
2024-01-01 to 2024-12-31

ALABAMA FAMILIES FOR GREAT SCHOOLS, founded in 2013, is a small nonprofit in the Education sector that reported $645K in total revenue in fiscal year 2022. The organization ran a surplus of $272K, a strong 42% operating margin.

Mission

CONNECTING PUBLIC CHARTER SCHOOL FAMILIES TO ALABAMA POLICYMAKERS.

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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 $483,980
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $483,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,254
Fundraising Expenses $51,083
Program Expenses $306,499
Other Expenses $282,577
TOTAL EXPENSES $510,831

Year-over-Year Comparison

2024 2023 Change
Revenue $483,980 $218,250 +1.2%
Expenses $510,831 $446,758 +0.1%
Net Income $-26,851 $-228,508 -0.9%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
$141,320
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL BUTLER PRESIDENT 5.00
Director
$0 $0 $0
JERRY TATE BOARD MEMBER 5.00
Director
$0 $0 $0
ELIZABETH BESHEARS SECRETARY 5.00
Director
$0 $0 $0
EMILY SCHULTZ DIRECTOR 40.00
Director
$141,320 $0 $141,320
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 $483,980 $510,831 $29,371 $-26,851
2023 $218,250 $446,758 $44,632 $-228,508
2022 $645,100 $372,622 $278,478 $272,478
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