THE ALABAMA BAPTIST INC

EIN: 630328638 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$1,951,109
Total Expenses
$2,845,175
Total Assets
$4,959,635
Net Assets
$4,601,405
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
AL
Principal Officer
JENNIFER D RASH
Tax Period
2023-01-01 to 2023-12-31

THE ALABAMA BAPTIST INC, founded in 1975, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2018. Net assets of $6.9M represent 37 months of operating reserves.

Mission

PUBLISHER OF FAITH-BASED DIGITAL AND PRINT RESOURCES FOR MEMBERS OF BAPTIST CHURCHES

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $661,179
Program Service Revenue $730,598
Investment Income $383,773
Other Revenue $175,559
TOTAL REVENUE $1,951,109

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,133,515
Fundraising Expenses $13,876
Program Expenses $2,845,175
Other Expenses $1,711,660
TOTAL EXPENSES $2,845,175

Year-over-Year Comparison

2023 2022 Change
Revenue $1,951,109 $2,241,953 -0.1%
Expenses $2,845,175 $2,987,525 0.0%
Net Income $-894,066 $-745,572 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
17
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
1
$156,675
Total Directors
18
$0
Key Employees
1
$156,675
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT SWENDENB CHAIRMAN 5
Director
$0 $0 $0
JOHN BROCK VICE CHAIRMAN 5
Director
$0 $0 $0
CHRIS ROBERTS SECRETARY 5
Director
$0 $0 $0
BEN BOWDEN DIRECTOR 2
Director
$0 $0 $0
SALLIE BRYANT DIRECTOR 2
Director
$0 $0 $0
BARBARA DAVIS DIRECTOR 2
Director
$0 $0 $0
GARY FENTON DIRECTOR 2
Director
$0 $0 $0
TEDDYE GANDY DIRECTOR 2
Director
$0 $0 $0
JEFF GARDNER DIRECTOR 2
Director
$0 $0 $0
MELISSA CARLIS DIRECTOR 2
Director
$0 $0 $0
ROSALIE HUNT DIRECTOR 2
Director
$0 $0 $0
ROB JACKSON DIRECTOR 2
Director
$0 $0 $0
TERESA NOELL DIRECTOR 2
Director
$0 $0 $0
RANDY PITTMAN DIRECTOR 2
Director
$0 $0 $0
DON REED DIRECTOR 2
Director
$0 $0 $0
JANA WYATT DIRECTOR 2
Director
$0 $0 $0
RICK LANCE EX-OFFICIO 2
Director
$0 $0 $0
CRAIG CARLISLE EX-OFFICIO 2
Director
$0 $0 $0
JENNIFER D RAS PRESIDENT/EDIT 40
Officer Key Emp Highest
$156,675 $0 $156,675
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 $1,951,109 $2,845,175 $4,959,635 $-894,066
2022 $2,241,953 $2,987,525 $5,822,217 $-745,572
2021 $2,593,397 $2,749,711 $7,620,459 $-156,314
2020 $2,178,958 $2,366,281 $7,568,535 $-187,323
2019 $2,310,440 $2,578,206 $7,646,359 $-267,766
2018 $2,223,335 $2,212,003 $7,065,503 $11,332
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