East Lake Initiative A Nonprofit Corporation is a 501(c)(3) organization based in Birmingham, Alabama, registered in 2011, with $1,306,421 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▼ 1.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$887K
Net assets
$2.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for East Lake Initiative A Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For East Lake Initiative A Nonprofit Corporation: 31 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for East Lake Initiative A Nonprofit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For East Lake Initiative A Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $85K (FY2013) to $1.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
32.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$1,249
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,306,421▼1.5% | $886,647▲12.4% | $2,299,997▲22.3% | $2,301,246▲22.3% | 990 |
| 2023 | $1,325,664▲43.0% | $788,870▲30.6% | $1,880,223▲40.0% | $1,881,160▲39.8% | 990 |
| 2022 | $927,300▲20.9% | $604,177▲23.8% | $1,343,429▲31.7% | $1,345,660▲22.8% | 990 |
| 2021 | $767,200▲175% | $488,206▲112% | $1,020,306▲37.6% | $1,096,224▲25.1% | 990 |
| 2020 | $278,567▲23.2% | $229,913▲27.3% | $741,313▲7.0% | $876,065▲13.2% | 990 |
| 2019 | $226,061▲39.1% | $180,580▲26.4% | $692,659▲7.0% | $773,678▲5.6% | 990 |
| 2018 | $162,524▼26.2% | $142,904▲5.5% | $647,178▲3.1% | $732,787▲2.1% | 990 |
| 2017 | $220,167▼19.4% | $135,421▲65.4% | $627,558▲15.6% | $717,505▲12.7% | 990 |
| 2016 | $273,284▲142% | $81,852▲130% | $542,812▲54.5% | $636,852▲81.2% | 990 |
| 2015 | $112,848▲32.9% | $35,642▼49.3% | $351,381▲834% | $351,381▲834% | 990 |
| 2013 | $84,906 | $70,262 | $37,638 | $37,638 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to East Lake Initiative A Nonprofit Corporation totaling $452K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Greater Birmingham | Community and economic development | 2024 | $95,000 |
| Navigate Affordable Housing Partners Inc | Wrap-around services for thrive coaching families - one vital component to our coaching program is our ability to offer wrap-around services. families that are meeting monthly with their thrive coach, presenting monthly budgets and working toward goals have access to a variety of wrap-around services. this includes: monthly access to a client-choice food market and quarterly access to a utility bill payment through our in-house partnership with serving you ministries (sym). after three months of attending coaching meetings; families have access to subsidies that help ease the burden of rent. a gift of $74,750 would help provide groceries, utility assistance, rent subsidies and gas cards to these families and groceries to 3,000 additional individuals in birmingham. | 2024 | $74,750 |
| Navigate Affordable Housing Partners Inc | The purpose of this grant is to provide wrap-around support for families. | 2023 | $82,500 |
| The Community Foundation of Greater Birmingham | Persistent poverty | 2022 | $40,000 |
| The Community Foundation of Greater Birmingham | General support | 2020 | $25,000 |
| The Community Foundation of Greater Birmingham | Ds: birmingham family hub | 2018 | $50,000 |
| The Community Foundation For Greater Atlanta Inc | General support | 2016 | $35,000 |
| The Community Foundation of Greater Birmingham | To help support the launch homeownership program. | 2015 | $50,000 |
Explore more
Data for East Lake Initiative A Nonprofit Corporation (EIN 27-1941412) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.