APOLLO COALITION INC

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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

2020

Legal Domicile

Principal Officer

MAXIMILIAN J GRELIER

Phone

2564894157

Tax Period

2024-01-01 to 2024-12-31

APOLLO COALITION INC, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 9% surplus.

Mission

APOLLO COALITION, INC. IS AN ALABAMA ECONOMIC DEVELOPMENT ORGANIZATION AND 501(C)(3) ORGANIZATION ESTABLISHED TO FACILITATE COMMUNITY INVESTMENT AND GROW LOCAL BUSINESS ECOSYSTEMS. APOLLO COALITION, INC.'S FOCUS ON GROWING THE ENTREPRENEURIAL ECOSYSTEM AIMS TO BENEFIT PRODUCTIVITY, INNOVATION AND JOBS TO PROVIDE OPPORTUNITIES TO ALL ENTREPRENEURS, REGARDLESS OF RACE, PLACE OR GENDER.

Program Service Accomplishments

Program 1

Expenses: $654,750

BY FUNDING AND PARTNERING WITH GENER8TOR, THE COALITION FACILITATED PROGRAMS AIMED AT NURTURING TALENT AND INNOVATION WITHIN HUNTSVILLE'S CREATIVE AND TECHNICAL SECTORS, OFFERING EDUCATIONAL...

BY FUNDING AND PARTNERING WITH GENER8TOR, THE COALITION FACILITATED PROGRAMS AIMED AT NURTURING TALENT AND INNOVATION WITHIN HUNTSVILLE'S CREATIVE AND TECHNICAL SECTORS, OFFERING EDUCATIONAL OPPORTUNITIES, MENTORSHIP CONNECTIONS, ACCESS TO FINANCIAL RESOURCES, AND PLATFORMS FOR COLLABORATION TO SUPPORT CAREER DEVELOPMENT AND NEW VENTURES.

Program 2

Expenses: $375,188 Revenue: $113,240

ORGANIZED AND HOSTED LARGE-SCALE PUBLIC EVENTS, SUCH AS THE ANNUAL CRAWFISH FESTIVAL, DESIGNED TO FOSTER COMMUNITY ENGAGEMENT, CELEBRATE LOCAL CULTURE, PROVIDE A PLATFORM FOR ARTISTS AND VENDORS, AND...

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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 $1,052,831

Program Service Revenue $113,240

Investment Income $12

Other Revenue $0

TOTAL REVENUE $1,166,083

Expense Breakdown

Grants Paid $669,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,029,938

Other Expenses $393,382

TOTAL EXPENSES $1,063,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,166,083	$868,380	+0.3%
Expenses	$1,063,132	$863,387	+0.2%
Net Income	$102,951	$4,993	+19.6%

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

N/A

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
MAXIMILIAN J GRELIER	DIRECTOR & VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
REMY F GROSS III	DIRECTOR, CHAIRMAN, & PRESIDENT	2.00	Officer Director	$0	$0	$0
KEVIN MOORE	DIRECTOR	2.00	Director	$0	$0	$0
RAVEN HOWLET	SECRETARY & TREASURER	2.00	Officer 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
2024	$1,166,083	$1,063,132	$816,348	$102,951
2023	$868,380	$863,387	$-4	$4,993
2022	$963,000	$948,107	$1,045	$14,893
2021	$640,000	$659,890	No data	$-19,890