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 |