METROPOLITAN FOUNDATION OF ATLANTA INC

EIN: 586044449 501(c)(3) Philanthropy & Grantmaking

ATLANTA, GA

Total Revenue
N/A
Total Expenses
$1,917,426
Total Assets
$7,112,915
Net Assets
$4,896,236
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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
1962
Legal Domicile
GA
Principal Officer
FRANK FERNANDEZ
Phone
4046885525
Tax Period
2023-01-01 to 2023-12-31

Mission

METROPOLITAN FOUNDATION OF ATLANTA, INC. WAS ORGANIZED, AND AT ALL TIMES OPERATES, TO SERVE THE NEEDS AND INTERESTS OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA, INC. AND THE METROPOLITAN ATLANTA COMMUNITY, TO BENEFIT AND PROMOTE THE WELL-BEING OF THE PEOPLE OF THE METROPOLITAN ATLANTA COMMUNITY, AND TO ACQUIRE, RECEIVE, AND ACCEPT PROPERTY TO BE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES, PRIMARILY IN, OR FOR THE BENEFIT OF THE PEOPLE OF, THE METROPOLITAN ATLANTA COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $1,619,127
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,917,426
Other Expenses $298,299
TOTAL EXPENSES $1,917,426

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $1,917,426 $823,611 +1.3%
Net Income N/A $-823,611 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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Governance

Voting Members
24
Independent Members
24
Employees
N/A
Volunteers
24

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
3
$955,237
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK FERNANDEZ PRESIDENT 0.20
Officer
$0 $83,436 $647,588
MARK SUTTON CFO 1.00
Officer
$0 $38,418 $307,649
DOUGLAS HOOKER BOARD CHAIR AND OFFICER 0.10
Officer Director
$0 $0 $0
RON ALSTON BOARD MEMBER 0.10
Director
$0 $0 $0
JENNIFER BENNECKE BOARD MEMBER 0.10
Director
$0 $0 $0
PETER BERG BOARD MEMBER 0.10
Director
$0 $0 $0
BERT CLARK BOARD MEMBER 0.10
Director
$0 $0 $0
RICHARD W COURTS IV BOARD MEMBER 0.10
Director
$0 $0 $0
JULIE ANN CROMMET BOARD MEMBER 0.10
Director
$0 $0 $0
FRAN GARY BOARD MEMBER 0.10
Director
$0 $0 $0
SUSAN GRANT BOARD MEMBER 0.10
Director
$0 $0 $0
JEFFREY HINES BOARD MEMBER 0.10
Director
$0 $0 $0
JULIA HOUSTON BOARD MEMBER 0.10
Director
$0 $0 $0
DEBRA LAM BOARD MEMBER 0.10
Director
$0 $0 $0
WONYA LUCAS BOARD MEMBER 0.10
Director
$0 $0 $0
MARC POLLACK BOARD MEMBER 0.10
Director
$0 $0 $0
DANTES RAMEAU BOARD MEMBER 0.10
Director
$0 $0 $0
JOHANNA ELLIS REISINGER BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID ROEMER BOARD MEMBER 0.10
Director
$0 $0 $0
DEKIA SCOTT BOARD MEMBER 0.10
Director
$0 $0 $0
JEWEL BURKS SOLOMON BOARD MEMBER 0.10
Director
$0 $0 $0
MARJY STAGMEIER BOARD MEMBER 0.10
Director
$0 $0 $0
KELLI STEWART BOARD MEMBER 0.10
Director
$0 $0 $0
JERRY WILKINSON BOARD MEMBER 0.10
Director
$0 $0 $0
RYAN WILSON BOARD MEMBER 0.10
Director
$0 $0 $0
STUDIE YOUNG BOARD MEMBER 0.10
Director
$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 No data No data No data No data
2023 No data $1,917,426 $7,112,915 No data
2022 No data $823,611 $9,037,658 No data
2021 No data $376,484 $9,756,339 No data
2020 No data $459,753 $10,024,802 No data
2019 No data $1,165,282 $10,373,559 No data
2018 No data $522,749 $11,425,020 No data
2017 $1,151,182 $1,664,001 $11,831,269 $-512,819
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