HEART OF ALABAMA FOOD BANK INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

JOHN LUCAS

Phone

3342633784

Tax Period

2024-07-01 to 2025-06-30

HEART OF ALABAMA FOOD BANK INC, founded in 1987, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $52.8M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $50.3M left a modest 5% surplus.

Mission

THE FOOD BANK OPERATES AS A CLEARING HOUSE FOR THE COLLECTING, SORTING, STORING AND DISTRIBUTION OF EDIBLE FOOD TO QUALIFIED AGENCIES; WHO IN TURN PASS THE FOOD ALONG TO ALABAMA'S "FOOD INSECURE" CITIZENS.

Program Service Accomplishments

Program 1

Expenses: $48,271,384 Revenue: $1,127,576

THE STRUCTURE OF OUR ORGANIZATION PROVIDES INCREASED OPPORTUNITY FOR SUCCESS TO THE LOCAL COMMUNITY AGENCIES WE SUPPORT BY COLLECTING, SORTING (BOTH DRY/STAPLE AND COLD/FROZEN) AND DISTRIBUTING FOOD. ALONG WITH FOUR SMALLER AFFILIATED FOOD BANKS (AFBS) UNDER OUR SUPERVISION, WE HAVE A SERVICE AREA REACHING TO 35 OF ALABAMA'S 67 COUNTIES (WITH A POPULATION OF APPROXIMATELY 1,614,000) AND MORE THAN 600 COMMUNITY AGENCIES. OUR MISSION IS TO PROVIDE FOOD TO THE CHILDREN, ELDERLY, NEWLY UNEMPLOYED, WORKKING POOR, HOMELESS, MENTALLY CHALLENGED, AND VICTIMS OF DOMESTIC VIOLENCE AND DISASTERS. DURING OUR LAST FISCAL YEAR, WE DISTRIBUTED MORE THAN 29 MILLION POUNDS OF VITAL NUTRITION TO THOSE IN NEED.

Program 2

Expenses: $90,399 Revenue: $58,537

WITHIN OUR SERVICE AREA, 21% OF THE POPULATION ARE FOOD INSECURE. OF THAT TOTAL, 20% OF ADULTS AND 25% OF CHILDREN ARE LIVING IN POVERTY. ONE OF OUR MOST EFFECTIVE STRATEGIES IN COMBATING THIS...

WITHIN OUR SERVICE AREA, 21% OF THE POPULATION ARE FOOD INSECURE. OF THAT TOTAL, 20% OF ADULTS AND 25% OF CHILDREN ARE LIVING IN POVERTY. ONE OF OUR MOST EFFECTIVE STRATEGIES IN COMBATING THIS PERVASIVE PROBLEM IS OUR MOBILE PANTRY PROGRAM. THIS PROGRAM IS DESIGNED TO GO TO WHERE THE NEEDIEST ARE, AND DISTRIBUTE FOOD DIRECTLY THROUGH OUR PARTNER AGENCIES. THIS PROGRAM ALLOWS US TO TARGET REMOTE COMMUNITIES IN ALABAMA'S "BLACK BELT" AREA (CHRONICALLY AMONG THE MOST POVERTY-STRICKEN REGIONS IN THE NATION) AS WELL AS METROPOLITAN AREAS. IN FY25, WE DISTRIBUTED 15,317,585 POUNDS OF FOOD THROUGH THIS OUTREACH EFFORT.

Program 3

Expenses: $62,132 Revenue: $34,782

APPROXIMATELY 23% OF SENIORS (60 YEARS & OLDER) IN OUR SERVICE AREA ARE LIVING IN POVERTY. IN OUR MOST IMPOVERISHED COUNTY, THAT PERCENTAGE JUMPS TO OVER 36%. IN ORDER TO HELP OFFSET THE NEEDS OF OUR SENIORS, WE ESTABLISHED A SENIOR SUPPLEMENT PROGRAM THAT, IN FY25, PROVIDED BETWEEN 37 POUNDS OF NUTRITIOUS FOOD ON A MONTHLY BASIS TO 720 SENIORS. WE ALSO PROVIDE TWO EXTRA BOXES IN NOVEMBER AND DECEMBER SPECIFICALLY TARGETING THE PREPARATION OF HOLIDAY MEALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50,617,107

Program Service Revenue $1,216,865

Investment Income $959,809

Other Revenue $4,030

TOTAL REVENUE $52,797,811

Expense Breakdown

Grants Paid $42,709,255

Salaries & Benefits $3,092,337

Fundraising Expenses $776,520

Program Expenses $48,423,915

Other Expenses $4,428,439

TOTAL EXPENSES $50,259,705

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,797,811	$45,202,998	+0.2%
Expenses	$50,259,705	$46,805,149	+0.1%
Net Income	$2,538,106	$-1,602,151	-2.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

2410

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

$144,536

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN AUSTIN	DIRECTOR	0.00	Director	$0	$0	$0
CRAIG BACHELER	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN BARRANCO	EX-OFFICIO	0.00	Director	$0	$0	$0
BLAKE BROOKSHIRE	DIRECTOR	0.00	Director	$0	$0	$0
REBECCA BUTTS	DIRECTOR	0.00	Director	$0	$0	$0
ALICE ANN BYRNE	SECRETARY	0.00	Officer Director	$0	$0	$0
JAMES DENDIS	DIRECTOR	0.00	Director	$0	$0	$0
JEILA KERSHAW	DIRECTOR	0.00	Director	$0	$0	$0
EDWIN LEWIS	DIRECTOR	0.00	Director	$0	$0	$0
JOHN LUCAS JR	PRESIDENT	0.00	Officer Director	$0	$0	$0
WARREN MARSHALL	EX-OFFICIO	0.00	Director	$0	$0	$0
OLIVIA MARTIN	VICE-PRESIDENT	0.00	Officer Director	$0	$0	$0
JESSE MARTIN	DIRECTOR	0.00	Director	$0	$0	$0
LES MASSEY	DIRECTOR	0.00	Director	$0	$0	$0
TIM MINOR	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT MITCHELL	DIRECTOR	0.00	Director	$0	$0	$0
SARAH MOORE	EX-OFFICIO	0.00	Director	$0	$0	$0
L DANIEL DAN MORRIS	DIRECTOR	0.00	Director	$0	$0	$0
SANDRA NICKEL	DIRECTOR	0.00	Director	$0	$0	$0
STEPHANIE PAUL	DIRECTOR	0.00	Director	$0	$0	$0
DEAN PEEVY	TREASURER	0.00	Officer Director	$0	$0	$0
BILL POPLIN	DIRECTOR	0.00	Director	$0	$0	$0
DONALD POWELL	DIRECTOR	0.00	Director	$0	$0	$0
CHARLES REYNOLDS	DIRECTOR	0.00	Director	$0	$0	$0
AMANDA SENN	DIRECTOR	0.00	Director	$0	$0	$0
BILL STEVENSON	DIRECTOR	0.00	Director	$0	$0	$0
TONY WOJCIECHOWSKI	DIRECTOR	0.00	Director	$0	$0	$0
BOBBY BROWN	DIRECTOR	0.00	Director	$0	$0	$0
CAITLIN COBB	DIRECTOR	0.00	Director	$0	$0	$0
TRAVIS DAWKINS	DIRECTOR	0.00	Director	$0	$0	$0
MORGAN LAURY	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL COLEMAN	EXECUTIVE DIRECTOR	40.00	Officer	$137,796	$6,740	$144,536

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	$52,797,811	$50,259,705	$24,525,508	$2,538,106
2024	$45,202,998	$46,805,149	$21,821,569	$-1,602,151
2023	$33,991,815	$34,071,824	$22,101,996	$-80,009
2022	$52,753,616	$53,876,400	$18,933,863	$-1,122,784
2021	$72,895,777	$60,729,982	$21,621,044	$12,165,795
2020	$49,065,417	$46,780,630	$9,508,444	$2,284,787
2019	$35,693,139	$35,950,316	$6,848,343	$-257,177