ALABAMA ALARM ASSOCIATION

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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

1977

Legal Domicile

Principal Officer

SCOTT MOTES

Phone

3348683139

Tax Period

2024-01-01 to 2024-12-31

ALABAMA ALARM ASSOCIATION, founded in 1977, is a small nonprofit in the Science & Technology sector that reported $138K in total revenue in fiscal year 2024. The organization ran a surplus of $21K, a strong 15% operating margin.

Mission

CHARTERED STATE CHAPTER NFBAA

Program Service Accomplishments

Program 1

Expenses: $34,425 Revenue: $19,690

TRADE SHOW SPONSORED TO ENABLE MEMBERS TO KEEP ABREAST OF LATEST TECHNOLOGICAL ADVANCES IN THE INDUSTRY

Program 2

Expenses: $7,103 Revenue: $35,485

TECHNICAL TRAINING AND CERTIFICATION REQUIRED BY STATE LAW FOR LICENSING. IS MADE AVAILABLE TO ALL MEMBERS THROUGHTOUT THE YEAR IN VARIOUS LOCATION STATEWIDE

Program 3

PROVIDED SCHOLARSHIP FUNDING FOR INDUSTRY SPECIFIC PROGRAMS OF STUDY AT STATE TECHNICAL COLLEGES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,120

Program Service Revenue $74,340

Investment Income $6

Other Revenue $0

TOTAL REVENUE $138,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,528

Other Expenses $117,689

TOTAL EXPENSES $117,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$138,466	$142,035	0.0%
Expenses	$117,689	$124,389	-0.1%
Net Income	$20,777	$17,646	+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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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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN MCDANIEL	DIRECTOR	0.00	Director	$0	$0	$0
LEON LOVE	DIRECTOR	0.00	Director	$0	$0	$0
KRISTI JENNINGS	ASSOCIATE DIRECTOR	0.00	Director	$0	$0	$0
JUSTIN MCKINZIE	PUBLIC SAFETY DIRECTOR	0.00	Director	$0	$0	$0
SCOTT MOTES	DIRECTOR	1.00	Officer Director	$0	$0	$0
JERRY BOWMAN	PRESIDENT	0.00	Officer	$0	$0	$0
JONATHAN PHILLIPS	NORTHERN VICE PRESIDENT	0.00	Officer	$0	$0	$0
SHELTON MANGUM	SECRETARY	1.00	Officer	$0	$0	$0
LELAND CAULEY	SOUTHERN VICE-PRESIDENT	0.00	Officer	$0	$0	$0
AL DAWSON	TREASURER	0.00	Officer	$0	$0	$0
SHEILA CREWS	CAPITOL VP	0.00	Officer	$0	$0	$0
GEOFF WILSON	CENTRAL VICE PRESIDENT	0.00	Officer	$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
2024	$138,466	$117,689	$112,946	$20,777
2023	$142,035	$124,389	$92,169	$17,646
2022	$109,959	$114,864	$74,523	$-4,905
2021	$115,335	$112,521	$79,428	$2,814
2020	$77,880	$77,279	$76,614	$601
2019	$157,620	$206,134	$76,013	$-48,514
2018	$208,279	$200,311	$126,154	$7,968