Spirit of Atlanta Inc

EIN: 311749810 501(c)(3) Arts, Culture & Humanities

Atlanta, GA

Total Revenue
$1,774,609
Total Expenses
$1,800,389
Total Assets
$194,803
Net Assets
$-89,741
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
GA
Principal Officer
George Dickinson
Phone
7706341654
Tax Period
2023-09-01 to 2024-08-31

Spirit of Atlanta Inc, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum.

Mission

The mission of Spirit of Atlanta Drum and Bugle Corps is to provide youth with opportunities to develop and refine artistic, athletic, performance, and personal skills through positive, high-quality, and challenging arts education programs that emphasize character building, a strong work ethic, teamwork, and the pursuit of performance excellence.

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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 (2023)

Revenue Breakdown

Contributions & Grants $442,255
Program Service Revenue $1,309,939
Investment Income $22,415
Other Revenue $0
TOTAL REVENUE $1,774,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,518
Fundraising Expenses $50,473
Program Expenses $1,564,022
Other Expenses $1,585,871
TOTAL EXPENSES $1,800,389

Year-over-Year Comparison

2023 2022 Change
Revenue $1,774,609 $1,132,891 +0.6%
Expenses $1,800,389 $1,707,495 +0.1%
Net Income $-25,780 $-574,604 -1.0%
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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Governance

Voting Members
16
Independent Members
16
Employees
12
Volunteers
N/A

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
5
$81,250
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Dickinson Board President 0.00
Officer Director
$0 $0 $0
Ken Ashley Board Vice President 0.00
Officer Director
$0 $0 $0
Blake Rayfield Board Treasurer 0.00
Officer Director
$0 $0 $0
Renee Heath Board Secretary 0.00
Officer Director
$0 $0 $0
Sarah Womack Board Member 0.00
Director
$0 $0 $0
Sarah Grant Board Member 0.00
Director
$0 $0 $0
Chad Gann Board Member 0.00
Director
$0 $0 $0
Robert Rodriguez Board Member 0.00
Director
$0 $0 $0
Dr Jake Levy Board Member 0.00
Director
$0 $0 $0
Kelsey Cain Board Member 0.00
Director
$0 $0 $0
Chris Cloar Board Member 0.00
Director
$0 $0 $0
Dendy Jarrett Board Member 0.00
Director
$0 $0 $0
Nick Peach Board Member 0.00
Director
$0 $0 $0
Daniel Reuther Board Member 0.00
Director
$0 $0 $0
Ryan Hancock Board Member 0.00
Director
$0 $0 $0
Sam Ferrante Board Member 0.00
Director
$0 $0 $0
Jason Burns Executive Director 40.00
Officer
$81,250 $0 $81,250
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 $1,774,609 $1,800,389 $194,803 $-25,780
2023 $1,132,891 $1,707,495 $210,276 $-574,604
2022 $991,939 $463,175 $612,015 $528,764
2021 $725,408 $693,134 $135,164 $32,274
2020 $337,231 $323,116 $184,186 $14,115
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