funder logo

ALABAMA POWER FOUNDATION INC

ALABAMA POWER FOUNDATION INC

Birmingham, AL, US
501(c)3
EIN
57-0901832
Open for Solicitation
Private Foundation
Regional Funder
funder logo

ALABAMA POWER FOUNDATION INC

Birmingham, AL, US
501(c)3
EIN
57-0901832
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$117,907,319

Investments
96%
Other Assets
3%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$4,845,500

Grants Payable
90%
Payables & Accruals
10%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,007,565
$1,287,420
+28%
Receivables (Non-Related)
$59,097
$50,465
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$117,629,176
$112,979,096
-4%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$2,779,331
$3,590,338
+29%
Total Assets
$121,475,169
$117,907,319
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$497,177
$470,510
-5%
Grants Payable
$6,403,665
$4,374,990
-32%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,900,842
$4,845,500
-30%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$114,574,327
$113,061,819
-1%
Net assets
2023
2024
Change
Net assets
+$114,574,327
+$113,061,819
-1%
Balance Sheet
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