Applied Research Center of Alabama

EIN: 631181805

Birmingham, AL

Total Revenue
$204,900
Total Expenses
$238,418
Total Assets
$959,211
Net Assets
$959,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
AL
Principal Officer
Michael Staley
Phone
2054022755
Tax Period
2023-01-01 to 2023-12-31

Applied Research Center of Alabama, founded in 1996, is a small nonprofit that reported $205K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $238K exceeded revenue, resulting in a 16% operating deficit.

Mission

To improve the environment and therefore improve the social welfare of the State of Alabama.

Program Service Accomplishments

Program 1
Expenses: $33,424

Transportation Planning:The Center continued its ongoing participation in the local transportation planning process for Jefferson and Shelby counties with its executive director serving on the...

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Transportation Planning:The Center continued its ongoing participation in the local transportation planning process for Jefferson and Shelby counties with its executive director serving on the Transportation Citizens Committee of the Birmingham Metropolitan Planning Organization.

Program 2
Expenses: $178,989 Revenue: $178,989

Alternative Fuels:The Center provided office space to and remained active in the management and operation of the Alabama Clean Fuels Coalition, Inc. (ACFC), a participant in the U.S. Department of...

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Alternative Fuels:The Center provided office space to and remained active in the management and operation of the Alabama Clean Fuels Coalition, Inc. (ACFC), a participant in the U.S. Department of Energy's Clean Cities Program. This program promotes the use of alternative fuels (AF) and alternative fueled vehicles (AFV) to expand the market, create job opportunities, improve air quality, and to reduce dependence of foreign sources of energy. ACFC was founded in 2002 as an Alabama nonprofit corporation. ACFC and its members and stakeholders worked to provide public and private individuals and entities with information on the benefits of AFVs and to identify and implement AFV uses and alternative fuel infrastructure projects. The use of alternative fuels was significant in Alabama in 2023 and provided a reduction in the use of petroleum of more than 18.4 million gallons of gasoline gallon equivalent (GGE) and 158,800 tons of greenhouse gas emissions. This effort was led primarily by state and local governments with assistance from the ACFC. During 2023, alternative fuels (E85 Ethanol, B20 Biodiesel, and Propane) continued to be included on the state fuel contract. In addition to being available to state agencies, these alternative fuels can be purchased by local governments from approved vendors in all 67 counties in Alabama. ACFC programs and activities laid the foundation for additional alternative fuel infrastructure projects and increased the availability of cleaner burning fuels to the public in Alabama during calendar year 2023 and beyond. Increasing availability of these fuels will improve air quality. In addition, other potential projects were identified for future funding and/or technical assistance. ACFC also led an effort to assist the state in developing a statewide Electric Vehicle (EV) Infrastructure Plan. This plan was used by the state to determine priorities and criteria needed to develop a statewide grant program to install EV chargers around the state. These programs and activities serve to lessen the burdens of government and also further a charitable purpose by improving the environment, which promotes social welfare.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $178,989
Investment Income $25,911
Other Revenue $0
TOTAL REVENUE $204,900

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $212,413
Other Expenses $223,418
TOTAL EXPENSES $238,418

Year-over-Year Comparison

2023 2022 Change
Revenue $204,900 $175,225 +0.2%
Expenses $238,418 $284,220 -0.2%
Net Income $-33,518 $-108,995 -0.7%
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
3
Independent Members
2
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
4
$187,200
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Cole Director 2.00
Director
$0 $0 $0
Waymond Jackson Secretary & Assistant 2.00
Officer Director
$0 $0 $0
Cedric Daniels Chairman 2.00
Officer Director
$0 $0 $0
Julie Dozier Treasurer 20.00
Officer
$7,200 $0 $7,200
Michael Staley Executive Director 20.00
Officer
$0 $0 $180,000
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 No data No data No data No data
2023 $204,900 $238,418 $959,211 $-33,518
2022 $175,225 $284,220 $964,362 $-108,995
2021 $74,777 $203,472 $1,296,263 $-128,695
2020 $270,779 $303,353 $1,290,421 $-32,574
2019 $130,176 $260,590 $1,278,864 $-130,414
2018 $178,815 $216,198 $1,209,021 $-37,383
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