African-American Association Of Georgia Inc is located in Atlanta, GA. The organization was established in 2002. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African-American Association Of 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, African-American Association Of Georgia Inc generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $186.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER LOWER INCOME COMMUNITIES WITH TOOLS FOR SUCCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP CHILDREN OBTAIN SELF-CONFIDENCE AND SCHOLARSHIPS THROUGH TRACK AND FIELD TRAINING ANC COMPETITIONS HELPING TO FEED THEN HUNGRY CHILDREN AND FAMILES IN THE COMMUNITY HELP FAMILIES WITH THE STEPPING STONES NEEDED TO BECOME SUCCESSFUL AND WITHOUT NEED OF ASSISTANCE FEEDING THE BODY, MIND AND SPRIRIT OF HUNGRY CHILDREN AND FAMILIES IN THE COMMUNITY PROVIDING HOPE AND RELIEF TO THOSE IN NEED DUE TO PROVERTY AND MALNUTRITION TO PROVICE RECIPIENTS AND THE ORGANIZATION AN EFFECTIVE AND MEANINGFUL BOND THAT WILL ADD VALUE TO THE COMMUNITY AND ASSIST WITH ACHIEVING ITS GOALS TO FINANCE THE PROVISIONING OF FOOD AND EDUCATION IN POVERTY STRICKEN AREAS GIVE HOPE TO ALL
PROVIDED THE ABILITY FOR YOUTHS TO COMPETE IN A LARGE TRACK AND FIELD COMPETITIONS OUR MISSION IS TO FOSTER ACADEMIC AND PHYSICAL DEVELOPMENT IN YOUTHS AGES 5-18 YEARS OLD THESE EVENTS PROVIDE YOUTHS WITH SCHOLARSHIPS AND MANY ARE THE FIRST TO ATTEND COLLEGE IN THEIR FAMILY THE ORGANIZATION IS DESIGNED TO ENHACE SPIRITUAL GROWTH,FAMILY AND COMMUNITY INVOLVEMENT, AS WELL AS PROVIDE A HEALTH LIFESTYLE
ELJRPROGRAM SERVICES
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,760,476 |
Noncash contributions included in lines 1a–1f | $5,573,589 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,760,476 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,760,476 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $121,924 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,589 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,170 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,190 |
Travel | $5,113 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,292 |
All other expenses | $0 |
Total functional expenses | $186,587 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |