NORTHWEST ALABAMA READING AIDES INC

EIN: 630720865 501(c)(3)

Florence, AL

Total Revenue
$26,674
Total Expenses
$26,066
Total Assets
$19,731
Net Assets
$19,186
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
AL
Principal Officer
Hoke Hampton
Phone
2567665709
Tax Period
2021-01-01 to 2021-12-31

NORTHWEST ALABAMA READING AIDES INC, founded in 1979, is a micro nonprofit that reported $37K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $7K, a strong 19% operating margin.

Mission

To teach adults how to read.

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Trantor Score

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $26,674
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $26,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,150
Fundraising Expenses $0
Program Expenses $24,438
Other Expenses $12,916
TOTAL EXPENSES $26,066

Year-over-Year Comparison

2021 2020 Change
Revenue $26,674 $36,606 -0.3%
Expenses $26,066 $29,622 -0.1%
Net Income $608 $6,984 -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

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Governance

Voting Members
8
Independent Members
8
Employees
1
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
3
$0
Total Directors
8
$0
Key Employees
1
$12,217
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Greene Office Manager 40
Key Emp Highest
$12,217 $0 $12,217
Hoke Hampton President 0
Officer Director
$0 $0 $0
Mike Kessler Vice President 0
Officer Director
$0 $0 $0
Mary Tidwell Secretary/Treasurer 0
Officer Director
$0 $0 $0
Tom Osborne Board Member 0
Director
$0 $0 $0
Anne Smith Board Member 0
Director
$0 $0 $0
Nell Logan Board Member 0
Director
$0 $0 $0
Tricia Cutshall Board Member 0
Director
$0 $0 $0
Tara Branscome Board Member 0
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
2021 $26,674 $26,066 $19,731 $608
2020 $36,606 $29,622 $19,065 $6,984
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