Marta Employees Charity Club
- Assets
- $98.8k
- Revenue
- $278.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1984
- Data as of
- 12/2023
- EIN
- 58-1576346
Organization Overview
Marta Employees Charity Club is located in Atlanta, GA. The organization was established in 1984. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marta Employees Charity Club 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 12/2023, Marta Employees Charity Club generated $278.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $294.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Marta Employees Charity Club has awarded 26 individual grants totaling $959,387. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Mcmichael CEO | 40 | $0 | |
Robert Glore Exec Director | 40 | $0 | |
Phyllis Spencer CFO Treasurer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $278,345 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $278,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $73,855 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $73,855 |
| Contributions, gifts, grants paid | $220,664 |
| Total expenses and disbursements | $294,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,830 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $98,830 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marta Employees Charity Club has awarded $220,664 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LATIN AMERICAN ASSOCIATION PURPOSE: CHARITABLE CONTRIBUTION | $208 |
MARTA CHARITY CLUB PURPOSE: CHARITABLE CONTRIBUTION | $98,250 |
MARTA EMPLOYEES CHARITY CLUB PURPOSE: ADMINISTRATION FEE | $29,770 |
EARTH SHARE OF GA PURPOSE: CHARITABLE CONTRIBUTION | $1,347 |
UNITED WAY OF METRO ATLANTA PURPOSE: CHARITABLE CONTRIBUTION | $29,332 |
COMMUNITY HEALTH CHARITIES PURPOSE: CHARITABLE CONTRIBUTION | $7,007 |