Florence-lauderdale Industrial Expansion Committee Inc is a 501(c)(4) organization based in Florence, Alabama, registered in 1984, with $375,408 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$375K
▼ 5.7% vs prior year
Expenses (FY2024)
$38K
Net assets
$5.8M
Employees
—
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 Florence-lauderdale Industrial Expansion Committee Inc— 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 Florence-lauderdale Industrial Expansion Committee Inc: 1860 mo reserves · +90% margin earns a B+ 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 Florence-lauderdale Industrial Expansion Committee Inc— 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 Florence-lauderdale Industrial Expansion Committee Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $99K (FY2013) to $375K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
90.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$52K
Net assets
$5.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $375,408▼5.7% | $37,528▲1.1% | $5,816,357▲6.2% | $5,868,607▲6.1% | 990 |
| 2023 | $398,213▲111% | $37,123▲6.0% | $5,478,477▲7.1% | $5,530,727▲7.0% | 990 |
| 2022 | $188,622▼3.9% | $35,029▲4.6% | $5,117,387▲3.1% | $5,169,637▲3.1% | 990 |
| 2021 | $196,271▼60.9% | $33,493▲1.9% | $4,963,794▲3.4% | $5,016,044▲3.4% | 990 |
| 2020 | $501,349▲124% | $32,880▼2.2% | $4,801,016▲10.8% | $4,853,266▲10.7% | 990 |
| 2019 | $223,977▲0.9% | $33,606▼0.1% | $4,332,547▲4.6% | $4,384,797▲4.5% | 990 |
| 2018 | $222,084▼12.5% | $33,639▲3.8% | $4,142,176▲4.8% | $4,194,426▲4.7% | 990 |
| 2017 | $253,933▲27.5% | $32,416▼46.0% | $3,953,731▲5.9% | $4,005,981▲5.9% | 990 |
| 2016 | $199,149▼5.6% | $60,042▼4.2% | $3,732,214▲3.9% | $3,784,464▲3.8% | 990 |
| 2015 | $210,989▼2.6% | $62,652▲5.2% | $3,593,107▲4.3% | $3,645,357▲4.2% | 990 |
| 2014 | $216,572▲118% | $59,562▲1.2% | $3,444,770▲4.8% | $3,497,020▲4.7% | 990 |
| 2013 | $99,172 | $58,837▼10.4% | $3,287,760▲1.2% | $3,340,010▲1.2% | 990 |
| 2012 | — | $65,657▼28.6% | $3,247,425▼3.1% | $3,299,675▼12.1% | 990 |
| 2011 | — | $91,970▼11.7% | $3,350,692▲2.9% | $3,751,821▼3.4% | 990 |
| 2010 | — | $104,205 | $3,256,798 | $3,883,571 | 990 |
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.
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Data for Florence-lauderdale Industrial Expansion Committee Inc (EIN 63-0476880) 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.