Atlanta Metropolitan College Foundation Inc

Organization Overview

Atlanta Metropolitan College Foundation Inc is located in Atlanta, GA. The organization was established in 1987. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Metropolitan College 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 06/2021, Atlanta Metropolitan College Foundation Inc generated $737.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $573.9k during the year ending 06/2021. While expenses have increased by 25.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND ENHANCE ATLANTA METROPOLITAN COLLEGE BY ENCOURAGING CHARITABLE GIFTS LEADING TO ACADEMIC PROGRAMS OF EXCELLENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAMPUS FACILITIES


ACADEMIC AND EDUCATION


OTHER PROGRAM SUPPORT


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Board, Officers & Key Employees

Name (title)Compensation
Michael Montgomery
Executive Director
$67,600
Skip Vaughan
Chairman
$0
Gita Hendessi Gardner
Vice Chair
$0
Tita Stewart
Secretary
$0
Pamela D Cross
Treasurer
$0
Georj Lewis
Director Ex Officio, President Amc
$0

Financial Statements

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$91,315
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$91,315
Total Program Service Revenue$584,426
Investment income $8,505
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $53,466
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $737,712

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Atlanta Metropolitan College Foundation Inc has recieved totaling $13,510.

Awarding OrganizationAmount
Assistance League Of Atlanta Georgia

Peachtree Corners, GA

PURPOSE: SCHOLARSHIPSCHOLARSHIP

$13,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$10
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$467,184
Earnings$138,240
Ending Balance$605,424

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