ADVANCEMENT OF THE HEALTH, RELIGIOUS, AND EDUCATIONAL NEEDS OF THE ELDERLY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$641K
-2.2% YoY
Annual Giving
$124K
Grant Count
2
Avg Grant Size
$62K
About Aalc Inc
Based on IRS filings
Aalc Inc is a nonprofit organization focused on Housing & Shelter, based in LOOKOUT MOUNTAIN, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 2 grants totaling $124K. Net investment income was $91.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $641,204 | $655,939 | $692,578 |
| Revenue | $117,091 | $85 | $85,085 |
| Expenses | $130,451 | $38,174 | $10,203 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $91 | $85 | $85 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN LEAVENGOOD | PRESIDENT | 15 | — |
| JOHN T JOHNSTON III | TREASURER | — | — |
| KAREN WELLBORN | SECRETARY | — | — |
| MIKE KRAMER | BOARD MEMBER | — | — |
| MARC ERICKSON | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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