ATLANTA HAWKS FOUNDATION INC (EIN 581762732) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

ANDREA CARTER

Phone

4048783500

Tax Period

2020-07-01 to 2021-06-30

ATLANTA HAWKS FOUNDATION INC, founded in 1989, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $362K in total revenue in fiscal year 2020. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $883K exceeded revenue, resulting in a 143% operating deficit.

Mission

GRANTEE CHARACTERISTICS IMPORTANT CHARACTERISTICS CONSIDERED BY THE HAWKS FOUNDATION ARE AN ORGANIZATION'S RECORD OF ACHIEVEMENT, INTENDED BROAD IMPACT, SOUND FINANCIAL PRACTICES, INCREASING INDEPENDENCE, AND CORRESPONDENCE WITH THE HAWKS FOUNDATION'S MISSION. THE FOUNDATION MAKES GRANTS TO QUALIFYING NON-PROFIT ORGANIZATIONS THAT HAVE TAX-EXEMPT STATUS AS DEFINED IN THE INTERNAL REVENUE CODE.

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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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $362,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $362,500

Expense Breakdown

Grants Paid $598,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $598,850

Other Expenses $283,785

TOTAL EXPENSES $882,635

Year-over-Year Comparison

	2020	2019	Change
Revenue	$362,500	$1,516,945	-0.8%
Expenses	$882,635	$1,615,974	-0.5%
Net Income	$-520,135	$-99,029	+4.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT HILL	DIRECTOR	1.00	Director	$0	$0	$0
OLIVER RESSLER	DIRECTOR	1.00	Director	$0	$0	$0
JESSE ITZLER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WASSERMAN	DIRECTOR	1.00	Director	$0	$0	$0
WILL PACKER	DIRECTOR	1.00	Director	$0	$0	$0
JIM COX CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE RESSLER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA CARTER	PRESIDENT	1.00	Officer	$0	$0	$0
DAVID LEE	EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$0
CAREN COOK	SECRETARY	1.00	Officer	$0	$0	$0
LESTER JONES	TREASURER	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
2021	$362,500	$882,635	$602,957	$-520,135
2020	$1,516,945	$1,615,974	$873,092	$-99,029
2019	$661,140	$698,020	$1,026,371	$-36,880
2018	$532,081	$370,262	$1,009,001	$161,819

ATLANTA HAWKS FOUNDATION INC