OPPORTUNITY ALABAMA INC Charity Report

Public IRS 990 nonprofit record

OPPORTUNITY ALABAMA INC

EIN 83-2134053 · Fund Raising & Fund Distribution - Community Improvement (S12)

What they do

FOUNDED IN 2018, OPPORTUNITY ALABAMA (OPAL) is AN ECONOMIC DEVELOPMENT ORGANIZATION COMMITTED to CREATING A NATIONAL MODEL of SUSTAINABLE ECONOMIC DEVELOPMENT THROUGH COMMUNITY-LED, PLACE-BASED INVESTMENTS. WE HELP UNDERSERVED COMMUNITIES LEVERAGE DIVERSE FUNDING SOURCES for PROJECTS and INITIATIVES THAT IMPROVE QUALITY of PLACE and ENHANCE THE BUILT ENVIRONMENT. MOST of THAT WORK INVOLVES CLOSING ACCESS to CAPITAL GAPS IN LOW-INCOME COMMUNITIES, IN ECONOMICALLY DISTRESSED COMMUNITIES, AND/OR WITHIN DISADVANTAGED POPULATIONS (INCLUDING, BUT NOT LIMITED TO, MINORITY- and WOMEN-OWNED BUSINESSES, RESIDENTS of LOW-INCOME AREAS, ETC.). THROUGH THAT WORK, WE REMEDIATE BLIGHT, IMPROVE GENERAL ECONOMIC and SOCIETAL CONDITIONS, COMBAT COMMUNITY DETERIORATION, AND/OR PRESERVE THE TRADITIONS, ARCHITECTURE, and APPEARANCE of THE COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.5%of expenses went to mission work75.70% of revenue

$82.78spent for every $100 of revenueRevenue covered expenses this year.

8.5%of expenses went to management and office costs7.00% of revenue

$1.84in assets for every $1 spent this yearSome assets cannot be spent right away.

96.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $7,333 for ALEXANDER FLACHSBART (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services91.5% of expenses75.70% of revenue

ManagementOffice and general costs8.5% of expenses7.00% of revenue

FundraisingAsking for donations0.0% of expenses

Total expenses82.80% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202491.5% mission

202394.3% mission

202295.4% mission

202183.5% mission

202071.0% mission

201993.2% mission

Money in and money out

Revenue$2,099,434

Expenses$1,737,886

Annual surplus $361,548 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,589,886 · 91.5% of expenses

Management and office costs$148,000 · 8.5% of expenses

See all reported dollar amounts

Revenue$2,099,434

Expenses$1,737,886

Assets$3,198,547

Income$2,099,434

Contributions$2,024,253

Mission work (program services)$1,589,886

Grants given$554,367

Average grant$184,789

Management and general$148,000

Accounting fees$45,641

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALEXANDER FLACHSBARTPRESIDENT · 25 hrs/week $7,333Base · Other $7,333

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ALEXANDER FLACHSBARTPRESIDENT

ANOOP MISHRADIRECTOR (THROUGH 05/01/2024)

DAN RUTHSECRETARY

GREG BARKERCHAIR

LARRY LEWISDIRECTOR

MYLA CALHOUNDIRECTOR (THROUGH 11/01/2024)

TONY SMOKEDIRECTOR

WENDI BOYENDIRECTOR

About this charity

Recognized since: January 2019
Location: 1914 THIRD AVE N C-1, BIRMINGHAM, AL 35203
County: Jefferson
In care of: ALEXANDER FLACHSBART
Primary officer: ALEXANDER FLACHSBART, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailcrcomplaints@treasury.gov Phone(334) 425-4166

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WARREN AVERETT LLC
NTEE classification: Fund Raising & Fund Distribution - Community Improvement (S12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes