ATLAS FELLOWS INC

EIN: 872848964 501(c)(3) Education

CHICAGO, IL

Total Revenue
$452,000
Total Expenses
$373,710
Total Assets
$393,472
Net Assets
$377,253
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
PHOEBE ANDERSON
Phone
9132058849
Tax Period
2022-07-01 to 2023-06-30

ATLAS FELLOWS INC, founded in 2021, is a small nonprofit in the Education sector that reported $452K in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 17% operating margin.

Mission

WE TRANSFORM FINANCE BY OPENING DOORS FOR BRILLIANT AND UNDER-RESOURCED YOUNG PEOPLE TO ACCESS LIFE-CHANGING CAREERS.

Program Service Accomplishments

Program 1
Expenses: $241,980

FOUNDED IN 2021, ATLAS FELLOWS INC. ("ATLAS FELLOWS OR "ATLAS") AIMS TO TRANSFORM THE FINANCIAL SECTOR BY MAKING LIFE-CHANGING CAREERS IN THE FINANCIAL INDUSTRY ACCESSIBLE TO TALENTED YOUNG ADULTS...

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FOUNDED IN 2021, ATLAS FELLOWS INC. ("ATLAS FELLOWS OR "ATLAS") AIMS TO TRANSFORM THE FINANCIAL SECTOR BY MAKING LIFE-CHANGING CAREERS IN THE FINANCIAL INDUSTRY ACCESSIBLE TO TALENTED YOUNG ADULTS FROM A VARIETY OF DIVERSE AND UNDER-RESOURCED BACKGROUNDS. IN FACT, 75% FELLOWS ARE FIRST-GENERATION COLLEGE STUDENTS, 88% IDENTIFY AS NON-WHITE, AND 59% ARE WOMEN-IDENTIFYING.WITH THE UNWAVERING COMMITMENT THAT ALL STUDENTS SHOULD BE ABLE TO PURSUE CAREERS IN FINANCE REGARDLESS OF RACE, GENDER, SEXUAL ORIENTATION, OR FAMILY BACKGROUND, ATLAS RECRUITED ITS FIRST COHORT OF FELLOWS IN 2021 ADMITTING 17 RISING COLLEGE FRESHMEN. IN 2022, 25 FELLOWS WERE ADMITTED. BY TARGETING TALENT AT AN EARLY ENTRY POINT, ATLAS HOPES TO REDIRECT CAREER INTEREST TO THE FINANCE SECTOR.ATLAS FELLOWS IS THE ONLY NONPROFIT ORGANIZATION FOCUSED ON IDENTIFYING TALENT AT AN EARLY ENTRY POINT AND DEVELOPING YOUNG PEOPLE FOR A CAREER IN FINANCIAL SERVICES. ATLAS RECRUITS UNDER-RESOURCED HIGH SCHOOL STUDENTS FROM CHICAGO AND NEW YORK CITY AND PROVIDES THEM WITH FOUR YEARS OF ROBUST FINANCIAL, ACADEMIC AND PROFESSIONAL SUPPORT THROUGH ATLAS'S FOUR SHIPS:- SCHOLARSHIP: UP TO $20,000/YEAR IN FINANCIAL AID - INTERNSHIP: FOUR YEARS OF ACCESS TO OPPORTUNITIES FOR SUMMER INTERNSHIPS AT PRESTIGIOUS FINANCIAL INSTITUTIONS- MENTORSHIP: ACCESS TO THE KNOWLEDGE, GUIDANCE, AND NETWORKS OF TALENTED, EXPERIENCED, AND COMMITTED PROFESSIONALS - MEMBERSHIP: INDUCTION INTO A CLOSE-KNIT, SUPPORT COMMUNITY OF CURRENT ATLAS FELLOWS AND FUTURE ALUMNIBY MAKING CAREERS IN THE FINANCIAL INDUSTRY ACCESSIBLE TO TALENTED YOUNG ADULTS FROM A VARIETY OF DIVERSE AND UNDER-RESOURCED BACKGROUNDS, ATLAS IS CHANGING THE FACE OF FINANCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $452,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $452,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,136
Fundraising Expenses $25,543
Program Expenses $241,980
Other Expenses $134,574
TOTAL EXPENSES $373,710

Year-over-Year Comparison

2022 2021 Change
Revenue $452,000 $300,100 +0.5%
Expenses $373,710 $1,137 +327.7%
Net Income $78,290 $298,963 -0.7%
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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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
60

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
$127,093
Total Directors
3
$127,093
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DMITRY BALYASNY PRESIDENT 1.00
Officer Director
$0 $0 $0
KRYSTLE BLACK TREASURER 1.00
Officer Director
$0 $0 $0
PHOEBE ANDERSON SECRETARY 5.00
Officer Director
$127,093 $0 $127,093
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 No data No data No data No data
2024 No data No data No data No data
2023 $452,000 $373,710 $393,472 $78,290
2022 $300,100 $1,137 $298,963 $298,963
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