Leadership Georgia Foundation Inc
- Assets
- $6.9m
- Revenue
- $1.1m
- Investments
- $571.8k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/1978
- Data as of
- 12/2021
- EIN
- 58-1329285
Organization Overview
Leadership Georgia Foundation Inc is located in Atlanta, GA. The organization was established in 1978. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Georgia Foundation 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 12/2021, Leadership Georgia Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $596.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRING LEADERS OF DIVERSE COMMUNITIES TOGETHER & FOCUS ON OPPORTUNITIES IN CITIES IN GEORGIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP GEORGIA BRINGS RECOGNIZED LEADERS OF DIVERSE COMMUNITIES TOGETHER FOR PROGRAMS WHICH FOCUS ATTENTION ON THE OPPORTUNITIES FACING CITIES IN GEORGIA. EDUCATION AND SKILLS ARE THE MAIN BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Maccartney VP | OfficerTrustee | 1 | $0 |
Charlie May President | OfficerTrustee | 1 | $0 |
Walt Farrell Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Evans Chairman | OfficerTrustee | 1 | $0 |
Jamie Alfriend Trustee | Trustee | 1 | $0 |
Russell Smith Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,586 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,392 |
| Total Program Service Revenue | $243,679 |
| Investment income | $127,628 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $441,704 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,093,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,200 |
| 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 | $0 |
| Fees for services: Accounting | $27,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $31,230 |
| Fees for services: Investment Management | $46,704 |
| Fees for services: Other | $78,229 |
| Advertising and promotion | $0 |
| Office expenses | $47,234 |
| Information technology | $5,107 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $155,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,754 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,644 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $596,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,635 |
| 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 | $40,070 |
| Net Land, buildings, and equipment | $7,388 |
| Investments—publicly traded securities | $5,737,430 |
| Investments—other securities | $571,763 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,913,286 |
| Accounts payable and accrued expenses | $29,750 |
| Grants payable | $0 |
| Deferred revenue | $190,025 |
| 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 | $219,775 |
| Net assets without donor restrictions | $6,482,182 |
| Net assets with donor restrictions | $211,329 |
| 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 | $6,913,286 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leadership Georgia Foundation Inc has recieved totaling $275.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $275 |
Endowment Analysis
| Beg. Balance | $5,479,156 |
| Earnings | $812,927 |
| Net Contributions | $17,110 |
| Ending Balance | $6,309,193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
State Leadership Project Raleigh, NC | $3,276,148 | $7,562,272 |
National Lead For America Inc Fort Myers, FL | $4,578,939 | $6,429,720 |
University Of Florida Leadership And Education Foundation Inc Gainesville, FL | $1,539,662 | $1,877,084 |
Center For Faithwalk Leadership Greer, SC | $344,414 | $1,017,483 |
Christian Leadership Concepts Inc Brentwood, TN | $1,952,549 | $1,546,078 |
Mt Calvary Leadership Development Corporation Inc Burgaw, NC | $77,890 | $1,122,804 |
Leadership Memphis Memphis, TN | $2,991,348 | $1,241,155 |
Leadership Jacksonville Inc Jacksonville, FL | $3,055,972 | $1,024,222 |
Latin American Leadership Foundation Inc Vero Beach, FL | $1,128,353 | $1,416,622 |
Leadership Georgia Foundation Inc Atlanta, GA | $6,913,286 | $1,093,403 |
Leadership Nashville Foundation Nashville, TN | $1,099,432 | $692,490 |
Maven Leadership Collective Miami, FL | $292,424 | $721,929 |