230 JOHN WESLEY DOBBS BLVD VENTURES INC

EIN: 582488308 501(c)(3) Housing & Shelter

ATLANTA, GA

Total Revenue
$5,735,021
Total Expenses
$4,397,494
Total Assets
$14,173,300
Net Assets
$13,505,189
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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
1999
Legal Domicile
GA
Principal Officer
ABDEL ALTAMIMI
Phone
4048924700
Tax Period
2024-07-01 to 2025-06-30

230 JOHN WESLEY DOBBS BLVD VENTURES INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 23% operating margin.

Mission

LESSEN GOVERNMENT BURDENS BY ACQUIRING & HOLDING TITLE TO REAL PROPERTY AND IMPROVEMENTS.

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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 $0
Program Service Revenue $5,728,706
Investment Income $3,915
Other Revenue $2,400
TOTAL REVENUE $5,735,021

Expense Breakdown

Grants Paid $0
Salaries & Benefits $493,747
Fundraising Expenses $0
Program Expenses $4,080,429
Other Expenses $3,903,747
TOTAL EXPENSES $4,397,494

Year-over-Year Comparison

2024 2023 Change
Revenue $5,735,021 $3,862,475 +0.5%
Expenses $4,397,494 $3,676,220 +0.2%
Net Income $1,337,527 $186,255 +6.2%
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
5
Independent Members
4
Employees
N/A
Volunteers
4

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
$1,572,184
Total Directors
6
$462,811
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI M LEE PRESIDENT & CEO 0.25
Officer Director
$0 $51,176 $462,811
JOEL ALVARADO BOARD MEMBER 0.05
Director
$0 $0 $0
DURIYA FAROOQUI BOARD MEMBER (THRU 6/25/25) 0.05
Director
$0 $0 $0
DOUGLAS HOOKER BOARD MEMBER 0.05
Director
$0 $0 $0
SARAH KIRSCH BOARD MEMBER 0.05
Director
$0 $0 $0
LARRY STEWART BOARD MEMBER 0.05
Director
$0 $0 $0
DWAYNE VAUGHN VICE PRESIDENT & COO 0.25
Officer
$0 $72,893 $375,643
LISA WASHINGTON SECRETARY & GENERAL COUNSEL 0.25
Officer
$0 $47,082 $271,380
HEATHER ANCRUM ASST SECRETARY & DEP GENERAL COUNSEL 0.25
Officer
$0 $31,093 $224,258
FENICE TAYLOR TREASURER & CFO 0.25
Officer
$0 $35,140 $238,092
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 $5,735,021 $4,397,494 $14,173,300 $1,337,527
2024 No data No data No data No data
2023 $2,809,739 $2,672,700 $12,772,924 $137,039
2022 $1,758,319 $2,161,927 $16,605,620 $-403,608
2021 $2,161,354 $2,005,823 $13,295,834 $155,531
2020 $2,192,747 $2,148,836 $12,759,159 $43,911
2019 $2,295,889 $2,207,368 $12,558,247 $88,521
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