ALABAMA ASPHALT PAVEMENT ASSOCIATION

EIN: 630396210

MONTGOMERY, AL

Total Revenue
$784,033
Total Expenses
$831,619
Total Assets
$655,896
Net Assets
$580,458
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
AL
Principal Officer
MEL MONK
Phone
3348345314
Tax Period
2025-01-01 to 2025-12-31

ALABAMA ASPHALT PAVEMENT ASSOCIATION, founded in 1959, is a small nonprofit that reported $784K in total revenue in fiscal year 2025.

Mission

TO FOSTER, ENCOURAGE, ASSIST AND PROMOTE THE ASPHALT INDUSTRY IN THE STATE OF ALABAMA.

Program Service Accomplishments

Program 1
Expenses: $81,416

AAPA ANNUAL CONVENTION FOR MEMBERS TO PROVIDE MEMBERS WITH CURRENT INFORMATION REGARDING THE ASPHALT INDUSTRY.

Program 2
Expenses: $4,308

AAPA SPONSORED SEMINARS TO PROVIDE MEMBERS WITH INFORMATION REGARDING THE LATEST TECHNOLOGY AND CURRENT DEVELOPMENTS WITHIN THE ASPHALT INDUSTRY.

Program 3
Expenses: $25,736

NAPA ANNUAL CONVENTION TO PROVIDE MEMBERS WITH INFORMATION AND TRENDS REGARDING THE ASPHALT INDUSTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $579,517
Program Service Revenue $186,835
Investment Income $17,681
Other Revenue $0
TOTAL REVENUE $784,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $383,769
Fundraising Expenses $0
Program Expenses $681,255
Other Expenses $447,850
TOTAL EXPENSES $831,619

Year-over-Year Comparison

2025 2024 Change
Revenue $784,033 $744,040 +0.1%
Expenses $831,619 $757,268 +0.1%
Net Income $-47,586 $-13,228 +2.6%
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
13
Independent Members
13
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
5
$257,281
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEL MONK EXEC DIRECTO 40.00
Officer
$233,892 $23,389 $257,281
TIM MULLENDORE PRESIDENT N/A
Officer
$0 $0 $0
RICKY TANT VICE-PRESIDE N/A
Officer
$0 $0 $0
BRANDON OWENS TREASURER N/A
Officer
$0 $0 $0
BO WALTERS SECRETARY N/A
Officer
$0 $0 $0
BRIAN FRANK DIRECTOR N/A
Director
$0 $0 $0
SONNY BUNN DIRECTOR N/A
Director
$0 $0 $0
CHIP STARR DIRECTOR N/A
Director
$0 $0 $0
MARK INGRAM DIRECTOR N/A
Director
$0 $0 $0
LANCE GREEN DIRECTOR N/A
Director
$0 $0 $0
JEFF HOWELL DIRECTOR N/A
Director
$0 $0 $0
ANDY JONES DIRECTOR N/A
Director
$0 $0 $0
TIM GORMAN DIRECTOR N/A
Director
$0 $0 $0
TOM TATE ASSOCIATE DI N/A
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
2025 $784,033 $831,619 $655,896 $-47,586
2024 $744,040 $757,268 $728,780 $-13,228
2023 $754,812 $768,720 $725,076 $-13,908
2022 $758,220 $703,595 $718,200 $54,625
2021 $818,165 $668,955 $681,801 $149,210
2020 $614,064 $513,290 $492,360 $100,774
2019 $713,469 $675,002 $430,092 $38,467
2018 $556,319 $576,039 $387,745 $-19,720
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