Form 990 for tax year 2024
Filed by ALABAMA INSTITUTE FOR DEAF AND BLIND FOUNDATION INC.
Totals
- Total revenue
- $699,366
- Total expenses
- $1,334,260
- Contributions and grants received
- $1,949,816
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- -$1,255,385
- Other revenue
- $4,935
- Total assets, end of year
- $20,163,363
- Total liabilities, end of year
- $11,681
- Net assets or fund balances, end of year
- $20,151,682
- Program services expenses (Part IX)
- $1,246,612
- Management and general expenses
- $75,647
- Fundraising expenses
- $12,001
- Program service expenses (Part III)
- $1,246,612
Program services were 93.4% 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.
-
1f · All other contributions, gifts and grants
$1,949,816
-
1g · Noncash contributions included above
$6,640
-
3 · Investment income
total $196,241 · excluded $196,241
-
7a · Gross sales of assets other than inventory
securities $4,074,897
-
7b · Less cost or other basis and sales expenses
securities $5,526,523
-
7c · Gain or loss
securities -$1,451,626
-
7d · Net gain or loss
total -$1,451,626 · excluded -$1,451,626
-
11a · Other revenue: OTHER INCOME
total $4,935 · related or exempt $4,935
-
11e · Other revenue, total
$4,935
Functional expenses
Part IX, the statement of functional expenses.
-
18 · Travel or entertainment for public officials
total $36,794 · program services $36,794
-
19 · Conferences, conventions and meetings
total $38,203 · program services $34,498 · management and general $3,705
-
22 · Depreciation, depletion and amortization
total $6,391 · program services $6,391
-
23 · Insurance
total $8,719 · program services $7,839 · management and general $880
-
24a · Other expenses: SPECIALTY ITEMS
total $385,192 · program services $385,192
-
24b · Other expenses: OUTSIDE CONTRACTOR
total $368,119 · program services $309,249 · management and general $58,870
-
24c · Other expenses: MATERIALS & SUPPLIES
total $235,568 · program services $232,486 · management and general $3,082
-
24d · Other expenses: STUDENT ASSISTANCE
total $114,942 · program services $114,942
-
24e · All other expenses
total $140,332 · program services $119,221 · management and general $9,110 · fundraising $12,001
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,899,508 · end of year $3,680,033
-
2 · Savings and temporary cash investments
beginning of year $503,068 · end of year $262,538
-
3 · Pledges and grants receivable
beginning of year $175,000 · end of year $325,000
-
9 · Prepaid expenses and deferred charges
end of year $3,486
-
10a · Land, buildings and equipment: cost or other basis
$1,263,181
-
10b · Land, buildings and equipment: accumulated depreciation
$945,177
-
10c · Land, buildings and equipment, net
beginning of year $324,395 · end of year $318,004
-
11 · Investments: publicly traded securities
beginning of year $14,291,201 · end of year $15,574,302
-
17 · Accounts payable and accrued expenses
beginning of year $3,887 · end of year $11,681
-
25 · Other liabilities
beginning of year $1,000,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $6,324,641 · end of year $7,094,673
-
28 · Net assets with donor restrictions
beginning of year $11,864,644 · end of year $13,057,009
Mission and programs · 2024
Mission
THE FOUNDATION PROVIDES FUNDING FOR A VAST ARRAY OF PROGRAMS AND PROJECTS AT ALABAMA INSTITUTE FOR DEAF AND BLIND, INCLUDING MAJOR CONSTRUCTION AND RENOVATION OF FACILITIES, DEVELOPMENT OF NEW AND EXPANDING PROGRAMS AND EXPERIENCES IN PROFESSIONAL DEVELOPMENT, ACADEMICS, STUDENT LIFE, OUTREACH, AND THE ARTS.
-
THE FOUNDATION RECEIVES DONATIONS FOR THE SUPPORT AND MAINTENANCE OF ALABAMA INSTITUTE FOR DEAF AND BLIND.
Expenses $1,246,612 · Revenue $4,935
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DR DENNIS GILLIAM
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
MIKE ROYER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
ANTONIO CALLOWAY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
CHARLES COLLAT JR
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
LAURA GRILL
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
THOMAS RITCHIE
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
MARY CUMMINGS
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
JEFFREY GASKIN
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
DAN ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
TERRY SMILEY
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
JERRY DOZIER
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
DR TERRY GRAHAM
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
MP PAT GREENE JR
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
CHAD JONES
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
DR MIKE KULOVITZ
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
ALLEN COPE
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
STEVE RICE
MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
BECKY WATSON
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601179349301300
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