Alternate RootsInc

EIN: 581318198 501(c)(3) Arts, Culture & Humanities

Atlanta, GA

Total Revenue
$2,654,378
Total Expenses
$1,603,278
Total Assets
$8,682,681
Net Assets
$8,496,448
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
GA
Principal Officer
Michelle N Ramos
Phone
4045771079
Tax Period
2024-01-01 to 2024-12-31

Alternate RootsInc, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 40% operating margin.

Mission

Alternate Roots,Inc (ROOTS) was formed to meet the distinct needs of artists who work for social justice, and artists who create work by,for,about and within communities of place, tradition, affiliation and spirit.

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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 $2,654,378
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,654,378

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,603,278
Fundraising Expenses $0
Program Expenses $1,603,278
Other Expenses $0
TOTAL EXPENSES $1,603,278

Year-over-Year Comparison

2024 2023 Change
Revenue $2,654,378 N/A N/A
Expenses $1,603,278 N/A N/A
Net Income $1,051,100 N/A N/A
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

Financial Distress Indicator

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
12
Independent Members
12
Employees
1
Volunteers
11

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
12
$129,347
Total Directors
12
$129,347
Key Employees
12
$129,347
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle Ramos Executive Director 40.00
Officer Director Key Emp Highest
$129,347 $0 $129,347
Ace McColl President 40.00
Officer Director Key Emp
$0 $0 $0
April C Turner Chair 30.00
Officer Director Key Emp
$0 $0 $0
Priscilla Smith Treasurer 20.00
Officer Director Key Emp
$0 $0 $0
Sacil Armstrong Secretary 20.00
Officer Director Key Emp
$0 $0 $0
Charmille Walters Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Don Harrell Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Corey Staten Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Abigail Gomez Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Taylor Adams Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Shaleigh Comeford Board Member 5.00
Officer Director Key Emp
$0 $0 $0
Sara Green Board Member 5.00
Officer Director Key Emp
$0 $0 $0
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 $2,654,378 $1,603,278 $8,682,681 $1,051,100
2023 No data No data No data No data
2023 $2,876,467 $6,141,822 $6,835,157 $-3,265,355
2022 $6,304,626 $5,531,684 $12,763,839 $772,942
2021 $10,143,317 $6,258,675 $12,015,779 $3,884,642
2020 $4,067,642 $2,572,062 $8,173,082 $1,495,580
2020 $7,946,378 $4,051,639 $8,303,777 $3,894,739
2019 $2,333,783 $1,170,223 $3,958,814 $1,163,560
2018 $998,725 $1,021,640 $2,423,701 $-22,915
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