Skip to content
Nonprofiteer
← EAST ALABAMA RURAL INNOVATION AND TRAINING HUB FOUNDATION

Form 990 for tax year 2023

Filed by EAST ALABAMA RURAL INNOVATION AND TRAINING HUB FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 3 March 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$20,494,977 changed to $5,335,899
Total expenses
$266,662 changed to $277,824
Contributions and grants received
$20,378,278 changed to $4,144,922
Investment income
$111,699 changed to $1,185,922
Other revenue
$5,000 changed to $5,055
Total assets, end of year
$20,228,315 changed to $25,286,390
Net assets or fund balances, end of year
$20,228,315 changed to $25,286,390
Program services expenses
$0 changed to $16,986
Management and general expenses
$266,662 changed to $260,838
Program service expenses (Part III)
not reported changed to $16,986

Totals

Total revenue
$5,335,899
Total expenses
$277,824
Contributions and grants received
$4,144,922
Grants paid
$0
Program service revenue
$0
Investment income
$1,185,922
Other revenue
$5,055
Total assets, end of year
$25,286,390
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$25,286,390
Program services expenses (Part IX)
$16,986
Management and general expenses
$260,838
Fundraising expenses
$0
Program service expenses (Part III)
$16,986

Program services were 6.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,063,402

  • 1f · All other contributions, gifts and grants

    $81,520

  • 3 · Investment income

    total $1,185,922 · excluded $1,185,922

  • 11a · Other revenue: OTHER INCOME

    total $5,055 · related or exempt $5,055

  • 11e · Other revenue, total

    $5,055

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $42,222 · management and general $42,222

  • 10 · Payroll taxes

    total $2,273 · management and general $2,273

  • 11g · Fees: other

    total $173,856 · management and general $173,856

  • 12 · Advertising and promotion

    total $10,050 · management and general $10,050

  • 13 · Office expenses

    total $7,042 · management and general $7,042

  • 16 · Occupancy

    total $2,416 · management and general $2,416

  • 17 · Travel

    total $1,960 · management and general $1,960

  • 19 · Conferences, conventions and meetings

    total $592 · management and general $592

  • 22 · Depreciation, depletion and amortization

    total $2,214 · management and general $2,214

  • 23 · Insurance

    total $5,192 · management and general $5,192

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $16,986 · program services $16,986

  • 24b · Other expenses: TAXES AND LICENSES

    total $12,902 · management and general $12,902

  • 24c · Other expenses: MISCELLANEOUS

    total $119 · management and general $119

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $23,752,805

  • 4 · Accounts receivable

    beginning of year $19,629,767 · end of year $104,633

  • 10a · Land, buildings and equipment: cost or other basis

    $1,431,166

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,214

  • 10c · Land, buildings and equipment, net

    beginning of year $598,548 · end of year $1,428,952

  • 28 · Net assets with donor restrictions

    beginning of year $20,228,315 · end of year $25,286,390

Mission and programs · 2023

Mission

EAST ALABAMA RURAL INNOVATION AND TRAINING HUB MISSION IS TO PROVIDE EAST ALABAMA AN EFFICIENT AND EFFECTIVE WORKFORCE DEVELOPMENT SYSTEM THAT IS RESPONSIVE TO CURRENT NEEDS OF INDIVIDUALS AND BUSINESSES WHILE ALSO LOOKING FORWARD TO FUTURE ECONOMIC DEVELOPMENT INITIATIVES.

  • THE EAST ALABAMA RURAL INNOVATION AND TRAINING HUB IS AN ECONOMIC DEVELOPMENT SOLUTION THAT INCLUDES INCUBATION AND INNOVATION OF RURAL IDEAS WHILE FOCUSING ON KNOWLEDGE-BASED SKILLS AND EDUCATION, TECHNOLOGY GROWTH, AND ENTREPRENEURSHIP ACROSS THE LIFESPAN. THE MODEL FOR THIS PROJECT WILL PROVIDE A COMPREHENSIVE APPROACH TO DEVELOP HUMAN CAPITAL, FOSTER INNOVATION, CREATE JOBS, LEVERAGE LOCAL RESOURCES AND INFRASTRUCTURE, AND EXPAND COMMUNITY, COUNTY, AND REGIONAL ENGAGEMENT.THE CAMPUS WILL BE EXPANSIVE, FOCUSING ON INCUBATION, PREPARING OUR WORKFORCE FOR ON-DEMAND JOBS, K-12 EDUCATION, AGRICULTURE, HOSPITALITY TRAINING, HEALTHCARE, AND INFORMATION TECHNOLOGY.EARTH TAKES A REGIONAL APPROACH TO CREATING ECONOMIC CHANGE BY CAPITALIZING ON UNIQUE ASSETS OF OUR COMMUNITY.

    Expenses $16,986

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Margaret Morton

    PRESIDENT

    Total calculated
    $61,888
    From this org
    $0
    From related orgs
    $61,888
    Other
    $0
    Hours/week
    1 + 40 related
  • Glenn Sisk

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Melva Tate

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jason Isbell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adam Ponder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Parrish

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Lynn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Linda Hardy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lori Sokol

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jesse Cleveland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Caitlyn McTier

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Drew Honeycutt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gaines Livingston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Steven Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Avery Embry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
10 July 2025
IRS schema version
2023v6.0
Source object
202501919349301225

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.