American Opportunity Foundation is located in Atlanta, GA. The organization was established in 1985. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Opportunity Foundation 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 12/2018, American Opportunity Foundation generated $752.0 in total revenue. All expenses for the organization totaled $16.3k during the year ending 12/2018.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE CORPORATION WAS ORGANIZED TO ACQUIRE, REHABILITATE, AND OPERATE APARTMENT COMPLEXES FOR LOW-INCOME, ELDERLY AND/OR MENTALLY OR PHYSICALLY CHALLENGED PERSONS OR FAMILIES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Philip J Kennedy President, Treasurer, Trus  | 1 | $0 | |
Kathryn T Walker Trustee, Secretary  | 1 | $0 | |
Natalie Breault Trustee  | 0.5 | $0 | |
Trudi Taylor Trustee  | 0.5 | $0 | |
Gabrielle Miller Trustee  | 0.5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $752 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $752 | 
| 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 | $13,414 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $2,877 | 
| Total expenses | $16,291 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,507 | 
| Other assets | $0 | 
| Total assets | $185,904 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $185,904 |