APOLLO COALITION INC

EIN: 854102045 501(c)(3) Community Improvement

HUNTSVILLE, AL

Total Revenue
$1,166,083
Total Expenses
$1,063,132
Total Assets
$816,348
Net Assets
$102,947
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
AL
Principal Officer
MAXIMILIAN J GRELIER
Phone
2564894157
Tax Period
2024-01-01 to 2024-12-31

MIDCITY ACCELERATOR FOUNDATION INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $640K in total revenue in fiscal year 2021.

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.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

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

Sign In

Governance

Voting Members
4
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare APOLLO COALITION INC with other nonprofits in Alabama and across the country.