Architects Foundation Of North Georgia Inc
- Assets
- $222.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/1971
- Data as of
- 12/2022
- EIN
- 23-7158359
Organization Overview
Architects Foundation Of North Georgia Inc is located in Atlanta, GA. The organization was established in 1971. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Architects Foundation Of North Georgia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Architects Foundation Of North Georgia Inc generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (44.3%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE CONTINUING EDUCATION AND PUBLIC OUTREACH THROUGH GRANTS AND TO PROVIDE SCHOLARSHIPS TO STUDENTS AT GEORGIA ARCHITECTURE SCHOOLS.
Describe the Organization's Program Activity:
FOUNDATION GENERAL SCHOLARSHIP- FOR FIRST PROFESSIONAL ARCHITECTURE DEGREE CANDIDATE ATTENDING ONE OF THE THREE NAAB ACCREDITED PROGRAMS IN GEORGIA.
JOHN D. MULFORD MEMORIAL SCHOLARSHIP- THE PROGRAM ASSISTS STUDENTS DURING ONE OF THEIR FINAL THREE YEARS OF PROFESSIONAL ARCHITECTURE STUDIES AT KENNESAW STATE UNIVERSITY.
OTHER SCHOLARSHIPS FOR STUDENTS SUPPORTING THE ARCHITECTURE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Ridley President | 5 | $0 | |
Jay Silverman Treasurer | 1 | $0 | |
Julie Kim Director | 1 | $0 | |
Richard Hinman Director | 1 | $0 | |
Kent Mcclure Director | 1 | $0 | |
Ina Bachmann Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,549 |
| Total Program Service Revenue | $450 |
| Membership dues | $0 |
| Investment income | $5,546 |
| Gain or Loss | -$10,134 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $991 |
| Total expenses | $27,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,155 |
| Other assets | $0 |
| Total assets | $221,955 |
| Total liabilities | $4,475 |
| Net assets or fund balances | $217,480 |