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MIP Score

51

Community Building
Community Funding - Multiple Orgs

Opportunity Alabama Inc.

Mission

Founded in 2018, opportunity alabama (opal) is an economic development organization that brings communities, investors, and projects together to preserve and improve quality of place statewide through catalytic development. we help alabama's underserved communities leverage diverse funding sources for projects and initiatives that improve quality of place, enhance the built environment, and de-risk meaningful real estate projects. we work with developers, property owners, economic development professionals, local community leaders, and investors to support projects that move communities forward with new workforce housing, mixed-use development, historic revitalization, industrial development, and more. our goal is to improve economic resilience and quality of place for alabama's underserved communities

Basic Information

Tax-Exempt

Address

1320 1st Ave S, Birmingham, Alabama, 35233

View all Birmingham charities

Founded in

2018

EIN

83-2134053

Total Assets

$635.4 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

51

36

/100

Program Expense Ratio

95.42%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.4574

8

/20

Working Capital Ratio

0.2943

4

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.235M100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.235M100.00%