Atlanta Committee for Progress Inc

EIN: 201216496

Atlanta, GA

Total Revenue
$1,830,000
Total Expenses
$1,384,386
Total Assets
$2,142,549
Net Assets
$2,142,326
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
GA
Principal Officer
Claire Arnold
Phone
4048564555
Tax Period
2024-01-01 to 2024-12-31

Atlanta Committee for Progress Inc, founded in 2004, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $446K, a strong 24% operating margin.

Mission

ACP is a group committed to identifying and providing leadership on selected issues important to driving the economic development of the city of Atlanta and for which the ACP's active involvement will make a major difference. The ACP has a bias for action and is committed to accomplishing this mission in the most effective way possible. Accordingly, the ACP operates based on the following principles:1. Focus principally on the city of Atlanta but coordinate its activities with other organizations to ensure maximum impact for the region as a whole.2. Focus on a limited number of issues critical to economic development.3. Work through existing organizations to accomplish its goals whenever possible.4. Address issues with analytical rigor, including the use of clear work plans, metrics, milestones, and deadlines.5. Make decisions through its board of directors, a member only body (no substitutes) consisting of Chief executive-level position.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,830,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,830,000

Expense Breakdown

Grants Paid $536,633
Salaries & Benefits $619,983
Fundraising Expenses $0
Other Expenses $227,770
TOTAL EXPENSES $1,384,386

Year-over-Year Comparison

2024 2023 Change
Revenue $1,830,000 $1,340,000 +0.4%
Expenses $1,384,386 $825,036 +0.7%
Net Income $445,614 $514,964 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
39
Independent Members
39
Employees
2
Volunteers
44

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
41
$0
Key Employees
1
$500,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Colin Connolly Chair Person 2.00
Officer Director
$0 $0 $0
David Dorton Secretary 2.00
Officer Director
$0 $0 $0
Claire Arnold Treasurer 2.00
Officer Director
$0 $0 $0
Ed Bastian Director 2.00
Director
$0 $0 $0
Dr Brian Blake Director 2.00
Director
$0 $0 $0
Raphael Bostic Director 2.00
Director
$0 $0 $0
Matt Bronfman Director 2.00
Director
$0 $0 $0
Dan Cathy Director 2.00
Director
$0 $0 $0
Dr Angel Cabrera Director 2.00
Director
$0 $0 $0
Ted Decker Director 2.00
Director
$0 $0 $0
Reade Fahs Director 2.00
Director
$0 $0 $0
Greg Fenves Director 2.00
Director
$0 $0 $0
Steve Fischer Director 2.00
Director
$0 $0 $0
Dr George French Director 2.00
Director
$0 $0 $0
Dr Helene Gayle Director 2.00
Director
$0 $0 $0
Venessa Harrison Director 2.00
Director
$0 $0 $0
John Haupert Director 2.00
Director
$0 $0 $0
Doug Hertz Director 2.00
Director
$0 $0 $0
Donna Hyland Director 2.00
Director
$0 $0 $0
Jenna Kelly Director 2.00
Director
$0 $0 $0
Paul Judge Director 2.00
Director
$0 $0 $0
Ryan Marshall Director 2.00
Director
$0 $0 $0
Dimitris Psillakis Director 2.00
Director
$0 $0 $0
James Quincey Director 2.00
Director
$0 $0 $0
Tony Ressler Director 2.00
Director
$0 $0 $0
Michael Russell Director 2.00
Director
$0 $0 $0
David Sewell Director- Upto July 2024 2.00
Director
$0 $0 $0
Alan Shaw Director- Upto Sept 2024 2.00
Director
$0 $0 $0
Wendy Stewart Director 2.00
Director
$0 $0 $0
Alex Taylor Director 2.00
Director
$0 $0 $0
Scott Taylor Director 2.00
Director
$0 $0 $0
Dr David Thomas Director 2.00
Director
$0 $0 $0
Carol Tome Director 2.00
Director
$0 $0 $0
Chris Womack Director 2.00
Director
$0 $0 $0
Christian Fischer Director 2.00
Director
$0 $0 $0
Kim Greene Director 2.00
Director
$0 $0 $0
Tim Oliver Director 2.00
Director
$0 $0 $0
Rich McKay Director 2.00
Director
$0 $0 $0
Andrew Schlossberg Director 2.00
Director
$0 $0 $0
Jolyon Bulley Director 2.00
Director
$0 $0 $0
David Cummings Director 2.00
Director
$0 $0 $0
Kathy Waller Executive Director 40.00
Key Emp
$500,000 $0 $500,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,830,000 $1,384,386 $2,142,549 $445,614
2023 $1,340,000 $825,036 $1,730,101 $514,964
2022 $1,760,000 $1,742,299 $1,184,030 $17,701
2021 $1,555,000 $1,643,111 $1,166,579 $-88,111
2020 $1,340,000 $1,468,402 $1,253,107 $-128,402
2019 $1,175,000 $1,066,257 $1,382,154 $108,743
2018 $1,461,756 $1,024,088 $1,280,840 $437,668
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