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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+39.2% YoY
Annual Giving
$125K
Grant Count
1
Avg Grant Size
$125K
About Opportunity Alabama Inc
Based on IRS filings
Opportunity Alabama Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grants totaling $125K. Net investment income was $71K.
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 | $3,198,547 | $2,297,424 | $635,418 |
| Revenue | $2,099,434 | $2,446,603 | $1,234,598 |
| Expenses | $1,737,886 | $1,372,296 | $1,171,756 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $70,520 | $44,438 | — |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Main Street Alabama ($124,515).
| Recipient | Purpose | Amount |
|---|---|---|
| MAIN STREET ALABAMA BIRMINGHAM, AL | TO ASSIST IN THE EFFORTS TO EDUCATE CITIZENS ABOUT WAYS TO REVIATLIZE AND PRESERVE THEIR SMALL TOWN DOWNTOWNS AND URBAN NEIGHBORHOOD COMMERCIAL CENTERS | $124,515 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREG BARKER | CHAIR | 3 | — |
| TONY SMOKE | DIRECTOR | 1 | — |
| WENDI BOYEN | DIRECTOR | 1 | — |
| LARRY LEWIS | DIRECTOR | 1 | — |
| MYLA CALHOUN | DIRECTOR (THROUGH 11/01/2024) | 1 | — |
| ANOOP MISHRA | DIRECTOR (THROUGH 05/01/2024) | 1 | — |
| ALEXANDER FLACHSBART | PRESIDENT | 25.14 | — |
| DAN RUTH | SECRETARY | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Opportunity Alabama Inc?
Opportunity Alabama Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BIRMINGHAM, AL. It holds $3.2M in total assets as of 2024.
How large is Opportunity Alabama Inc?
As of 2024, Opportunity Alabama Inc holds $3.2M in total assets with $2.1M in annual revenue. It awarded 1 grants totaling $125K in 2024.
Where does Opportunity Alabama Inc operate?
Opportunity Alabama Inc has awarded grants in Alabama.
What size grants does Opportunity Alabama Inc award?
In 2024, Opportunity Alabama Inc awarded 1 grants totaling $125K — an average of about $125K per grant, based on its IRS Form 990 filings.
What is Opportunity Alabama Inc's EIN?
Opportunity Alabama Inc's EIN (Employer Identification Number) is 83-2134053. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Opportunity Alabama Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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