Unfortunately, Opportunity Alabama Inc. has limited available public data.
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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
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
Category | Amount | Percentage |
---|---|---|
Contributions, Gifts, and Grants | 1.235M | 100.00% |
Program Services | 0 | 0.00% |
Investment Income | 0 | 0.00% |
Sales of Non-Inventory Assets | 0 | 0.00% |
Other Notable Sources | 0 | 0.00% |
Total Revenue | 1.235M | 100.00% |
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