ATLANTA METROPOLITAN COLLEGE FOUNDATION INCORPORATED

EIN: 581727943 501(c)(3)

ATLANTA, GA

Total Revenue
$931,795
Total Expenses
$367,721
Total Assets
$8,912,910
Net Assets
$1,580,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
GA
Phone
4047564442
Tax Period
2024-07-01 to 2025-06-30

ATLANTA METROPOLITAN COLLEGE FOUNDATION INCORPORATED, founded in 1987, is a small nonprofit that reported $932K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $564K, a strong 61% operating margin.

Mission

The Foundation operates for the express purpose of supporting Atlanta Metropolitan State College in building endowment and in addressing the academic priorities of the institution, while understanding and supporting AMSCs mission, goals, and priorities. The mission of Atlanta Metropolitan Foundation Inc. is to increase understanding and financial support among the institutions key stakeholders, including alumni, friends and government policy makers, members of the community and philanthropic entities of all types on behalf and in support of Atlanta Metropolitan State College.

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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 $262,121
Program Service Revenue $292,719
Investment Income $376,955
Other Revenue $0
TOTAL REVENUE $931,795

Expense Breakdown

Grants Paid $126,582
Salaries & Benefits $0
Fundraising Expenses $2,410
Program Expenses $311,795
Other Expenses $241,139
TOTAL EXPENSES $367,721

Year-over-Year Comparison

2024 2023 Change
Revenue $931,795 $642,246 +0.5%
Expenses $367,721 $378,904 0.0%
Net Income $564,074 $263,342 +1.1%
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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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
25

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN O'CALLAGHAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAMELA CROSS Treasurer 1.00
Officer Director
$0 $0 $0
JANICE ANDREWS Secretary 1.00
Officer Director
$0 $0 $0
SHARMEN GOWENS Chairman 1.00
Officer Director
$0 $0 $0
STACY ABRAMS BOARD MEMBER 1.00
Director
$0 $0 $0
VERONICA ADADEVOH BOARD MEMBER 1.00
Director
$0 $0 $0
LETTY ASHWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
VICTORIA DORSEY BOARD MEMBER 1.00
Director
$0 $0 $0
LAREESE HOWELL BOARD MEMBER 1.00
Director
$0 $0 $0
REGINALD MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
JACK HANCOCK BOARD MEMBER 1.00
Director
$0 $0 $0
LEISA STAFFORD BOARD MEMBER 1.00
Director
$0 $0 $0
TITA STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
HENRY J THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
MINI'IMAH SHAHEED BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIE A WATKINS BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA TENNEY Executive Dir. 1.00
Officer
$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
2025 $931,795 $367,721 $8,912,910 $564,074
2024 $642,246 $378,904 $9,028,984 $263,342
2023 $600,334 $466,687 $9,261,103 $133,647
2022 $572,971 $479,547 $9,472,116 $93,424
2021 $737,712 $573,858 $9,882,271 $163,854
2020 $743,709 $668,487 $10,704,947 $75,222
2019 $489,680 $218,702 $745,619 $270,978
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