ALABAMA FIRE SPRINKLER ASSOCIATION… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

GREG WILLIS

Phone

3345674681

Tax Period

2019-01-01 to 2019-12-31

ALABAMA FIRE SPRINKLER ASSOCIATION INC, founded in 1984, is a micro nonprofit that reported $58K in total revenue in fiscal year 2019. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

THE ALABAMA FIRE SPRINKLER ASSOCIATION IS COMPRISED OF FIRE SPRINKLER CONTRACTORS, INDUSTRY SUPPLIERS AND CODE OFFICIALS AS WELL AS REPRESENTATIVES FROM OTHER ASSOCIATED ORGANIZATIONS AND INDIVIDUALS INVOLVED WITH OR AFFECTED BY FIRE SPRINKLER ISSUES. OUR ASSOCIATION RESPONDS TO DEVELOPMENTS IN OUR INDUSTRY IN MANY WAYS. WE WORK ON A FREQUENT BASIS WITH CODE OFFICIALS ON ALL LEVELS TO DETERMINE WHAT EFFECTS DIFFERENT DECISIONS OR PROPOSED CHANGES WILL HAVE ON OUR INDUSTRY. WE SEEK TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR ALL THOSE INVOLVED IN OUR CAUSE.

Program Service Accomplishments

Program 1

Expenses: $14,956 Revenue: $27,549

EDUCATIONAL DEVELOPMENT

Program 2

Expenses: $5,000

CONTRIBUTIONS MADE TO BENEFIT BURN VICTIMS AT UAB, CHILDRENS HOSPITAL, AND UNIVERSITY OF SOUTH ALABAMA BURN CENTERS.

Program 3

Expenses: $13,900 Revenue: $9,026

QUARTERLY MEETINGS TO LEARN AND SHARE IDEAS FOR THE IMPROVEMENT OF FIRE SPRINKLER DESIGN AND IMPLEMENTATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $16,000

Program Service Revenue $41,660

Investment Income $0

Other Revenue $0

TOTAL REVENUE $57,660

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $12,000

Fundraising Expenses $0

Program Expenses $39,151

Other Expenses $45,350

TOTAL EXPENSES $62,350

Year-over-Year Comparison

	2019	2018	Change
Revenue	$57,660	$46,136	+0.2%
Expenses	$62,350	$49,716	+0.3%
Net Income	$-4,690	$-3,580	+0.3%

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

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUNTER BRENDLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEE SEEWALD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PARKS MOORE	SECRETARY	1.00	Officer Director	$0	$0	$0
DERRICK BOUTWELL	TREASURER	1.00	Officer Director	$0	$0	$0
GREG WILLIS	EXECUTIVE DIRECTOR	2.00	Director	$12,000	$0	$12,000
SHAWN SIMMONS	DIRECTOR AT LARGE	1.00	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
2019	$57,660	$62,350	$13,351	$-4,690
2018	$46,136	$49,716	$18,041	$-3,580

ALABAMA FIRE SPRINKLER ASSOCIATION INC