AUTOMOBILE DEALERS ASSOCIATION OF AL

EIN: 630013040

MONTGOMERY, AL

Total Revenue
$1,887,285
Total Expenses
$1,587,242
Total Assets
$7,273,164
Net Assets
$7,127,061
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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
1936
Legal Domicile
AL
Principal Officer
THOMAS R DART
Phone
3342714625
Tax Period
2023-01-01 to 2023-12-31

AUTOMOBILE DEALERS ASSOCIATION OF AL, founded in 1936, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. The organization ran a surplus of $300K, a strong 16% operating margin.

Mission

TO REPRESENT AND SERVE THE INTERESTS OF ALABAMA'S FRANCHISED NEW CAR AND TRUCK DEALERS.

Program Service Accomplishments

Program 1

THE ASSOCIATION WAS EFFECTIVE IN PURSUING A FAVORABLE POLITICAL ENVIRONMENT WHICH PROVIDED OPPORTUNITIES FOR THE AUTO DEALERSHIP INDUSTRY IN ALABAMA. MEMBERSHIP WAS PROVIDED WITH IMPORTANT...

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THE ASSOCIATION WAS EFFECTIVE IN PURSUING A FAVORABLE POLITICAL ENVIRONMENT WHICH PROVIDED OPPORTUNITIES FOR THE AUTO DEALERSHIP INDUSTRY IN ALABAMA. MEMBERSHIP WAS PROVIDED WITH IMPORTANT INFORMATION RELATIVE TO THE INDUSTRY. AUTOMOBILE DEALERSHIP INDUSTRY WAS PROMOTED.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $789,653
Investment Income $192,740
Other Revenue $904,892
TOTAL REVENUE $1,887,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $959,337
Fundraising Expenses $0
Other Expenses $627,905
TOTAL EXPENSES $1,587,242

Year-over-Year Comparison

2023 2022 Change
Revenue $1,887,285 $1,900,486 0.0%
Expenses $1,587,242 $1,448,888 +0.1%
Net Income $300,043 $451,598 -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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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
18
Independent Members
17
Employees
4
Volunteers
17

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
7
$557,392
Total Directors
18
$557,392
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CURT BALLARD DIRECTOR 0.00
Director
$0 $0 $0
TREY BENTLEY DIRECTOR 0.00
Director
$0 $0 $0
DALE BENTON DIRECTOR 0.00
Director
$0 $0 $0
DANNY BRADEN DIRECTOR 0.00
Director
$0 $0 $0
DONNY CROWE DIRECTOR 0.00
Director
$0 $0 $0
WIN HARBIN DIRECTOR 0.00
Director
$0 $0 $0
RYAN MAYER DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM MCCONNELL DIRECTOR 0.00
Director
$0 $0 $0
JOHN MITCHELL JR DIRECTOR 0.00
Director
$0 $0 $0
BILL PORTER DIRECTOR 0.00
Director
$0 $0 $0
JIM SULLIVAN DIRECTOR 0.00
Director
$0 $0 $0
BRENT COOK CHAIRMAN 0.00
Officer Director
$0 $0 $0
RONNIE WATKINS FIRST VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
JIM JACKSON SECOND VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
MARK BRICKEY SECRETARY/TREASURER 0.00
Officer Director
$0 $0 $0
TY BULLARD PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
ARCH SOLOMON PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
THOMAS DART EXECUTIVE DIRECTOR 1.00
Officer Director
$500,451 $56,941 $557,392
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 No data No data No data No data
2023 $1,887,285 $1,587,242 $7,273,164 $300,043
2022 $1,900,486 $1,448,888 $6,551,687 $451,598
2021 $1,883,095 $1,341,561 $6,947,629 $541,534
2020 $1,353,467 $985,634 $6,565,827 $367,833
2019 $1,568,108 $1,327,262 $5,986,385 $240,846
2018 $1,477,820 $1,257,418 $5,427,920 $220,402
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