Overview

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Fiscal Year Start

Not available

Organization Type

Grantseeker

AI Summary

The East Alabama Innovation and Rural Training Hub Foundation (EIN: 92-2175318) is dedicated to fostering economic development in East Alabama through a comprehensive workforce development system that addresses the current and future needs of individuals and businesses. With an operating budget of $277.8K and total revenue of $5.3M for the 2024 filing year, the organization demonstrates significant financial capacity, although it relies on an unknown funder for 24% of its revenue. More information can be found on their website at www.earthruralhub.com.

Mission Statement

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.
Revenues
$5.3M
Expenses
$277.8K
Net Income:
+$5.1M
Assets
$25.3M
Liabilities
$0
Net Assets:
+$25.3M
Operating Budget
$277.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$1.3M
Largest grant received
$1.3M
J
Jesse Cleveland
Board Member
D
Drew Honeycutt
Board Member
M
Melva Tate
Board Member

Frequently Asked Questions

What is EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION’s budget?
In 2024, EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION reported an annual operating budget of around $278 thousand. More detailed financial information is available to registered users.
What causes does EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION support?
EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION supports work in Economic development.
Where does EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION operate?
EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION is headquartered in Sylacauga, AL.
Who funded EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION recently?
In 2023, EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION received grants from SYLACAUGA ALLIANCE FOR FAMILY ENHANCEMENT INC. More information on this organization’s funders is available to registered users.
What is the largest grant EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION received in 2023?
The largest grant to EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION in 2023 exceeds $1.3 million.
What is EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION’s reliance on government grants?
EAST ALABAMA INNOVATION AND RURAL TRAINING HUB FOUNDATION relied on government grants for more than 75% of their total revenue in 2024.