Atlanta Technical College Foundation Incorporated

EIN: 582582973 501(c)(3) Philanthropy & Grantmaking

Atlanta, GA

Total Revenue
$2,874,820
Total Expenses
$136,194
Total Assets
$10,887,692
Net Assets
$9,768,075
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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
2000
Legal Domicile
GA
Phone
4042254648
Tax Period
2024-07-01 to 2025-06-30

Atlanta Technical College Foundation Incorporated, founded in 2000, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2024. The organization ran a surplus of $2.7M, a strong 95% operating margin.

Mission

THE ATLANTA TECHNICAL COLLEGE FOUNDATION WAS FOUNDED IN 1999 UNDER THE LEADERSHIP OF CHAIRPERSONS JOSEPH JOHNSON AND CAROLYN YOUNG. A 501(C)(3) NON-PROFIT, THE ATLANTA TECHNICAL COLLEGE FOUNDATION'S MISSION IS TO PROVIDE SUPPORT TO ATLANTA TECHNICAL COLLEGE AND THE PROGRAMS AND ACTIVITIES CARRIED OUT BY THE COLLEGE. ITS PURPOSE IS TO ACQUIRE, RETAIN, INVEST AND ADMINISTER FUNDS EXCLUSIVELY FOR THE BENEFIT OF ATLANTA TECHNICAL COLLEGE. SINCE ITS INCEPTION, THE ATLANTA TECHNICAL COLLEGE FOUNDATION HAS FOCUSED ON THE MAJOR GOALS OF RESOURCE DEVELOPMENT, RELATIONSHIP BUILDING, AND FINANCIAL MANAGEMENT OF RESOURCES.

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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 $2,832,933
Program Service Revenue $0
Investment Income $39,182
Other Revenue $2,705
TOTAL REVENUE $2,874,820

Expense Breakdown

Grants Paid $120,438
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,412
Other Expenses $15,756
TOTAL EXPENSES $136,194

Year-over-Year Comparison

2024 2023 Change
Revenue $2,874,820 $2,758,873 +0.0%
Expenses $136,194 $2,107,762 -0.9%
Net Income $2,738,626 $651,111 +3.2%
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
13
Independent Members
13
Employees
1
Volunteers
13

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
4
$114,535
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Detra Reid Treasurer 4.0
Officer Director
$0 $0 $0
Michael Watson II Chair 8.0
Officer Director
$0 $0 $0
Allison Howard Member 1.0
Director
$0 $0 $0
Ann Cramer Member 1.0
Director
$0 $0 $0
Dennis McGourik Member 1.0
Director
$0 $0 $0
Erika M Smith Member 1.0
Director
$0 $0 $0
Kevin Smith Member 1.0
Director
$0 $0 $0
Malika Wilkins Member 1.0
Director
$0 $0 $0
Maurice Jenkins Jr Member 1.0
Director
$0 $0 $0
Nick McCarthy Member 1.0
Director
$0 $0 $0
Shelley Lamar Member 1.0
Director
$0 $0 $0
Tai Roberson Member 1.0
Director
$0 $0 $0
Victor Ragland Member 1.0
Director
$0 $0 $0
Shannon Georgecink Executive Director, outgoing 8.0
Officer
$70,000 $44,535 $114,535
Staphea Campbell Executive Director, incoming 8.0
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 $2,874,820 $136,194 $10,887,692 $2,738,626
2024 No data No data No data No data
2023 $1,711,162 $1,718,076 $7,278,668 $-6,914
2022 $1,802,664 $217,135 $7,064,246 $1,585,529
2021 $2,282,143 $1,140,904 $4,945,722 $1,141,239
2020 $2,272,780 $572,428 $3,420,326 $1,700,352
2019 $594,879 $454,330 $1,884,246 $140,549
2018 $591,921 $471,667 $2,892,345 $120,254
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