ALABAMA FOSTER AND ADOPTIVE PARENT ASSOCIATION INC

EIN: 631052729 501(c)(3) Human Services

CULLMAN, AL

Total Revenue
$220,390
Total Expenses
$264,007
Total Assets
$242,695
Net Assets
$242,695
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1991
Principal Officer
WILLIAM HOOPER
Phone
2565073273
Tax Period
2023-10-01 to 2024-09-30

ALABAMA FOSTER & ADOPTIVE PARENT ASSOCIATION INC, founded in 1978, is a small nonprofit in the Human Services sector that reported $226K in total revenue in fiscal year 2017. Revenue decreased 6% compared to the prior year. Expenses of $200K left a modest 12% surplus.

Mission

TO PROVIDE EDUCATION AND SUPPORT TO FOSTER, ADOPTIVE, AND KINSHIP FAMILIES ACROSS ALABAMA.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,509
Program Service Revenue $0
Investment Income $7,881
Other Revenue $0
TOTAL REVENUE $220,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,338
Program Expenses $197,209
Other Expenses $264,007
TOTAL EXPENSES $264,007

Year-over-Year Comparison

2023 2022 Change
Revenue $220,390 N/A N/A
Expenses $264,007 N/A N/A
Net Income $-43,617 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
12
Independent Members
12
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM HOOPER PRESIDENT 40.00
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 $220,390 $264,007 $242,695 $-43,617
2023 $233,423 $246,590 $250,340 $-13,167
2022 $251,677 $249,092 $255,584 $2,585
2021 $242,113 $190,877 $282,019 $51,236
2020 $212,912 $172,425 $230,783 $40,487
2019 $217,434 $208,120 $191,741 $9,314
2018 $226,394 $199,926 $183,488 $26,468
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