Community Foundation of Northeast … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

2562315160

Tax Period

2024-10-01 to 2025-09-30

Community Foundation of Northeast Alabama, founded in 1999, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $16.1M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $14.2M left a modest 12% surplus.

Mission

TO ACHIEVE POSITIVE CHANGE THROUGH THE GENEROSITY OF DONORS, NOW AND FOR GENERATIONS TO COME

Program Service Accomplishments

Program 1

Expenses: $13,138,654 Revenue: $6,267,294

THE ORGANIZATION PROVIDED DIRECT SUPPORT TO QUALIFIED 501(C)(3) ORGANIZATIONS AND SCHOLARSHIP SUPPORT TO QUALIFED EDUCATIONAL INSTITUTIONS LOCATED PRIMARILY IN NORTHEAST ALABAMA. THE ORGANIZATION...

THE ORGANIZATION PROVIDED DIRECT SUPPORT TO QUALIFIED 501(C)(3) ORGANIZATIONS AND SCHOLARSHIP SUPPORT TO QUALIFED EDUCATIONAL INSTITUTIONS LOCATED PRIMARILY IN NORTHEAST ALABAMA. THE ORGANIZATION ALSO PROVIDED DIRECT PURCHASING IN RELATION TO CHARITABLE ACTIVITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,828,471

Program Service Revenue $1,341,609

Investment Income $4,102,013

Other Revenue $829,570

TOTAL REVENUE $16,101,663

Expense Breakdown

Grants Paid $8,922,214

Salaries & Benefits $1,453,300

Fundraising Expenses $309,781

Program Expenses $13,138,654

Other Expenses $3,802,072

TOTAL EXPENSES $14,177,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,101,663	$19,600,456	-0.2%
Expenses	$14,177,586	$9,432,626	+0.5%
Net Income	$1,924,077	$10,167,830	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

107

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

$187,544

Total Directors

Key Employees

$127,063

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY COOK	TRUSTEE, BOARD CHAIR, F/I COM, AC, NC	1.0	Officer Director	$0	$0	$0
JEFF NAPPER	TRUSTEE, BOARD SECRETARY & F/I COMMITTEE	1.0	Officer Director	$0	$0	$0
MARY AMMONS	TRUSTEE, NC, & BOARD VICE-CHAIR	1.0	Officer Director	$0	$0	$0
TOMMIE GOGGANS	TRUSTEE , AC & BOARD TREASURER	1.0	Officer Director	$0	$0	$0
BLAIR GOODGAME	TRUSTEE, PAST BOARD CHAIR, NC, AC	1.0	Director	$0	$0	$0
DR QUENTIN LEE	TRUSTEE & GRANTS COM	1.0	Director	$0	$0	$0
FATHER JOHN MCDONALD	TRUSTEE & F/I, SCHOLARSHIPS COMMITTEE	1.0	Director	$0	$0	$0
JACQUIE TESSEN	TRUSTEE, SCHOLARSHIPS COMMITTEE, & GRANTS COMMITTEE	1.0	Director	$0	$0	$0
JUDGE WES MOBLEY	TRUSTEE & GRANTS COMMITTEE	1.0	Director	$0	$0	$0
LYNN BREWER	TRUSTEE & SCHOLARSHIPS COMMITTEE	1.0	Director	$0	$0	$0
NANDA PATEL	TRUSTEE & GRANTS COMMITTEE	1.0	Director	$0	$0	$0
PAT BORSTORFF	TRUSTEE & F/I COMMITTEE	1.0	Director	$0	$0	$0
REUBEN JOHNSON	TRUSTEE & F/I COMMITTEE	1.0	Director	$0	$0	$0
DEBORAH PFLEDDERER	CFO	40.0	Officer	$129,946	$39,991	$169,937
MATT HOLDBROOKS	PRESIDENT & CEO	40.0	Officer	$14,462	$3,145	$17,607
FRED SMITH	VICE PRESIDENT OF COMMUNITY PARTNERS	40.0	Key Emp	$93,501	$33,562	$127,063
J MITCHELL ROGERS	FORMER INTERIM PRESIDENT & CEO	N/A		$144,385	$18,715	$163,100
JENNIFER S MADDOX	FORMER PRESIDENT & CEO	N/A		$183,942	$17,129	$201,071

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	$16,101,663	$14,177,586	$101,766,652	$1,924,077
2024	No data	No data	No data	No data
2023	$19,372,689	$5,278,516	$71,361,003	$14,094,173
2022	$8,511,265	$4,576,264	$52,289,090	$3,935,001
2021	$6,223,270	$4,347,205	$60,906,122	$1,876,065
2020	$8,378,195	$4,943,982	$48,440,301	$3,434,213
2019	$5,663,170	$3,778,905	$45,932,251	$1,884,265
2018	$4,901,879	$3,787,237	$46,628,969	$1,114,642

Community Foundation of Northeast Alabama