Georgia Resilience And Opportunity Fund Inc

Organization Overview

Georgia Resilience And Opportunity Fund Inc is located in Atlanta, GA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Georgia Resilience And Opportunity Fund Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Resilience And Opportunity Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GRO BUILDS BOLD, EVIDENCE-BASED, AND COMMUNITY-INFORMED SOLUTIONS TO ADDRESS THE ROOT CAUSES OF POVERTY AND WORK TOWARD CLOSING THE RACIAL WEALTH GAP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

POLICY LEARNING:THE ORGANIZATION WILL SHARE THE FINDINGS AND RESULTS OF THE IN HER HANDS PROJECT WITH VARIOUS AGENCIES TO EDUCATE THEM ON GUARANTEE INCOME PROGRAMS AND THE RESULTS FOUND FROM THE IN HER HANDS PROJECT. THE GOAL WILL BE EDUCATION. THE ORGANIZATION MAY WRITE WHITE PAPERS OR DO LIMITED ADVOCACY FOR STATE-EARNED INCOME TAX CREDIT. THE ORGANIZATION DOES NOT CONDUCT ANY DIRECT LOBBYING ACTIVITIES, ALTHOUGH THEY WILL LIKELY SPEAK WITH VARIOUS POLITICAL FIGURES FROM TIME TO TIME. THE ORGANIZATION'S MAIN FOCUS WILL BE TO EDUCATE GEORGIA-BASED ORGANIZATIONS AND OTHER ENTITIES WHO ARE INTERESTED IN LEARNING MORE ABOUT THE IN HER HANDS PROJECT AND ITS RESULTS, AS WELL AS THE THEORY AND POLICY BEHIND A GUARANTEED INCOME PROJECT. THIS WORK WILL BE DONE BY ORGANIZATION STAFF AND VOLUNTEERS.


DIRECT SERVICE PROVISION FOR LOW-INCOME WOMEN:IN HER HANDS IS A COLLABORATIVE INITIATIVE OF BOTH THE ORGANIZATION AND GIVE DIRECTLY, AND IT PROVIDES 654 LOW-INCOME WOMEN ACROSS THREE COMMUNITIES IN GEORGIA WITH AN INCOME SUPPLEMENT BY PROVIDING AN AVERAGE OF $850 PER MONTH FOR TWO YEARS.THE PROGRAM SERVES LOW-INCOME WOMEN IN THE OLD FOURTH WARD AREA OF THE CITY OF ATLANTA, SOUTHWESTERN PART OF THE STATE OF GEORGIA, AND COLLEGE PARK. IN HER HANDS WILL NOT JUST PROVIDE A GUARANTEED INCOME FOR TWO YEARS, BUT ALSO THE FOLLOWING BENEFITS TO PARTICIPANTS: COMMUNITY ENGAGEMENT AND OUTREACH; COORDINATION WITH PUBLIC BENEFITS AGENCIES; PROVIDING BENEFITS COUNSELING; DOING EXIT INTERVIEWS TO ESTABLISH THE SUCCESS OF THE PROJECT AND HELP TRANSITION OUT OF IT.


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Board, Officers & Key Employees

Name (title)Compensation
Hope Wollensack
Executive Dir.
$9,167
Amir Farokhi
Board Chair
$0
Aisha Nyandoro
Board Member
$0
Madeline Neighly
Board Member
$0
Dale Royal
Board Member
$0
John Simpkins
Board Member
$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$2,472,288
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,472,288
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,472,288

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