IRS 990 Nonprofit Profile

Opportunity Alabama INC

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.

Filing year
2024
Total revenue
$2.1M
Total expenses
$1.7M
Program expenses
$1.6M
Administration
$148K
Fundraising
$0
Program share of expenses
91%
EIN
832134053
Location
Birmingham, AL

WWW.OPPORTUNITYALABAMA.COM

About CharitySense

CharitySense provides live, independent intelligence from the charitable infrastructure you fund — hospitals, schools, orphanages, and clinics anywhere in the world.

See live projects or read our insights on nonprofit accountability.

Financial data on this page is sourced from IRS Form 990 filings.