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Economic Development Partnership Of Alabama Foundation Inc

Birmingham, AL / EIN 63-1126742 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,529,705691,5161,838,18982.151%
20121,846,7571,219,650627,10754.159%
20131,760,1891,685,18575,00441.541%
20141,911,3442,212,493−301,14930.224%
20151,076,7761,292,835−216,05948.023%
20161,177,3212,294,640−1,117,31921.812%
20171,903,0461,876,56726,47927.819%
20181,254,7311,993,245−738,51420.019%
20191,577,5411,759,765−182,22422.99%
20201,127,6081,170,269−42,66135.90%
20211,400,7791,249,353151,42635.50%
20227,073,2132,676,6364,396,57734.10%
20231,910,4092,916,439−1,006,03028.10%

In its most recent public year (2023), this organization spent $1,006,030 more than it brought in. Its reserves stood at about 28.1 months of spending, down from 82.1 in 2011. Staff pay was 0% of spending. $2,606,625 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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