Form 990 for tax year 2025

Totals

Total revenue

$260,978

Total expenses

$268,067

Contributions and grants received

$260,978

Grants paid

$0

Program service revenue

$0

Investment income

$0

Other revenue

$0

Total assets, end of year

$10,823

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$10,823

Program services expenses (Part IX)

$236,693

Management and general expenses

$31,374

Fundraising expenses

$0

Program service expenses (Part III)

$236,693

Program services were 88.3% 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.

Mission and programs · 2025

• LAUNCH TANK: HOSTING THE ANNUAL SINGING RIVER TRAIL LAUNCH TANK COMPETITION. THROUGH THIS EVENT, NORTH ALABAMA ENTREPRENEURS HAVE THE OPPORTUNITY TO PITCH THEIR BUSINESS IDEAS LIVE TO HUNDREDS OF BUSINESS LEADERS, PUBLIC OFFICIALS, AND PEOPLE IN THE COMMUNITY. FINALISTS RECEIVE NON-DILUTIVE FUNDING AND DIRECT INTRODUCTIONS TO PROGRAMS AND RESOURCES TAILORED TO SUPPORT THEIR BUSINESS NEEDS.

  Expenses $105,000

• LAND USE & INFRASTRUCTURE: SUPPORTING ENHANCED REGIONAL LAND USE AND INFRASTRUCTURE PLANNING TO INCREASE QUALITY OF LIFE, PROVIDE CONNECTIVITY, AND BOOST ECONOMIC GROWTH THROUGHOUT THE TENNESSEE VALLEY.

• WORKFORCE DEVELOPMENT: COLLABORATION, COOPERATION, AND ENGAGEMENT GUIDE WORKFORCE DEVELOPMENT EFFORTS IN NORTH ALABAMA, INCLUDING WORKFORCE AND ECONOMIC DEVELOPMENT EXPERTS, BUSINESS LEADERS, ALL LEVELS OF EDUCATION REPRESENTATIVES, COMMUNITY LEADERS, LOCAL AND STATE OFFICIALS, AND MANY MORE. WORKFORCE DEVELOPMENT EFFORTS ARE FOCUSED ON THREE KEY AREAS: - DEVELOP AND SUPPORT A ROBUST TALENT PIPELINE IN OUR REGION THROUGH PARTNERSHIP AND COLLABORATION WITH EDUCATION AND TRAINING PROVIDERS. - HELP ALIGN RESOURCES THAT ADDRESS EMPLOYMENT OPPORTUNITIES AND CHALLENGES IN THE REGION. - SUPPORT RECRUITMENT AND RETENTION EFFORTS OF LOCAL BUSINESSES AND INDUSTRY PARTNERS TO ENSURE OUR REGION IS A DESIRABLE PLACE TO LIVE, WORK, AND STAY.

  Expenses $97,600

• THE LAUNCH ENTREPRENEURSHIP PILLAR IS FOCUSED ON FOSTERING A CULTURE OF ENTREPRENEURSHIP IN NORTH ALABAMA BY BRINGING TOGETHER ENTREPRENEURS, INVESTORS, AND KEY ECOSYSTEM LEADERS TO SUPPORT THE LAUNCH AND GROWTH OF NEW COMPANIES IN OUR REGION. OUR WORK ALSO INCLUDES ADVOCATING FOR ENTREPRENEURSHIP WITH PUBLIC OFFICIALS, AND EXECUTING IMPACTFUL INITIATIVES THAT CAPTURE AND ENGAGE THE PUBLIC TO ILLUSTRATE THE POWER AND POTENTIAL OF ENTREPRENEURSHIP.

  Expenses $34,093

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

2025

Filed

8 June 2026

IRS schema version

2025v4.0

Source object

202611689349300411

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

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