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Alabama · Nonprofit

Community Foundation of Northeast Alabama

Community Foundation of Northeast Alabama (Alabama) receives grants from 24 organizations whose IRS filings report $1,197,479 to it, the largest being NEW VENTURE FUND ($250,000). 13 of them have funded it in more than one year. Community Foundation of Northeast Alabama administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2025
$16M
Funders on record
24
Grants received
$1.2M
Net assets
$90M
13/24 repeat funders

Hosts funds for others

Community Foundation of Northeast Alabama administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programCommunity Foundation of Northeast Alabama runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$8.7M

Recipients

185

Contributions on record

$1.2M

Donors on record

24

Payments out run 7.3x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.

01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($5.3M) Expenses 100 ($3.5M) Net assets 100 ($41M)2018 Revenue 93 ($4.9M) Expenses 108 ($3.8M) Net assets 105 ($43M)2019 Revenue 107 ($5.7M) Expenses 108 ($3.8M) Net assets 102 ($42M)2020 Revenue 159 ($8.4M) Expenses 141 ($4.9M) Net assets 109 ($45M)2021 Revenue 118 ($6.2M) Expenses 124 ($4.3M) Net assets 137 ($56M)2022 Revenue 161 ($8.5M) Expenses 131 ($4.6M) Net assets 118 ($49M)2023 Revenue 367 ($19M) Expenses 151 ($5.3M) Net assets 163 ($67M)2024 Revenue 371 ($20M) Expenses 269 ($9.4M) Net assets 207 ($85M)2025 Revenue 305 ($16M) Expenses 404 ($14M) Net assets 219 ($90M)
'17'18'19'20'21'22'23'24'25
Revenue (305)Expenses (404)Net assets (219)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $71M to $94M (+32%).

$44M
$47M
$46M
$48M
$61M
$52M
$71M
$94M
$102M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.8M
’17
$1.1M
’18
$1.9M
’19
$3.4M
’20
$1.9M
’21
$3.9M
’22
$14M
’23
$10M
’24
$1.9M
’25
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Matt Holdbrooks

President & CEO

Board chair

Anthony Cook

Trustee, board chair, f/I com, ac, nc

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151517171616161918
Joined·+2+3+0+2+2+2+8+3
No longer listed·21032254
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 4 funders to 9 funders, grant income fell $311k → $107k.

4 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Community Foundation of Northeast Alabama’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Community Foundation of Northeast Alabama draws 54% of its grant income from funders outside Alabama, across 9 states in all.

WI
NY
IN
MO
VA
MD
TN
NC
AL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Alabama out of state home

Funder states come from each funder’s own filing. $475k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Government funding Community Foundation of Northeast Alabama receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.4M on record.

Federal$2.4M
grants $2.4Mcontracts $0
Top agencies
  • National Aeronautics and Space Administration$2.4M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 5%Fundraising 2%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 2 related entities

  • Cfnea Real Estate Holding LLC · disregarded
  • Cfnea Challenger LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Community Foundation of Northeast Alabama: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Community Foundation of Northeast Alabama?
Community Foundation of Northeast Alabama (Alabama) receives grants from 24 organizations whose IRS filings report $1,197,479 to it, the largest being NEW VENTURE FUND ($250,000). 13 of them have funded it in more than one year. Community Foundation of Northeast Alabama administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does Community Foundation of Northeast Alabama have?
IRS filings report 24 organizations giving $1,197,479 in grants to Community Foundation of Northeast Alabama, 13 of which have funded it in more than one year.
Who is the largest funder of Community Foundation of Northeast Alabama?
NEW VENTURE FUND is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like Community Foundation of Northeast Alabama find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alabama. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing