ATTA IMPACT CAPITAL INC

EIN: 923920358 501(c)(3) Community Improvement

VESTAVIA, AL

Total Revenue
$542,588
Total Expenses
$244,555
Total Assets
$703,943
Net Assets
$698,033
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
CHARLES HIGGENBOTHAM
Phone
2053174341
Tax Period
2024-01-01 to 2024-12-31

ATTA IMPACT CAPITAL INC, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $543K in total revenue in fiscal year 2024. The organization ran a surplus of $298K, a strong 55% operating margin.

Mission

ATTA IMPACT CAPITAL, INC. SEEKS TO IMPROVE ACCESS TO CAPITAL IN EMERGING IMPACT INVESTMENT ECOSYSTEMS.

Program Service Accomplishments

Program 1
Expenses: $103,797

THE ORGANIZATION PROVIDES DIRECT IMPACT INVESTMENTS TO MISSION-ALIGNED COMPANIES OPERATING IN EMERGING MARKETS. THESE INVESTMENTS ARE DESIGNED TO SUPPORT BUSINESSES THAT ADDRESS CRITICAL SOCIAL AND...

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THE ORGANIZATION PROVIDES DIRECT IMPACT INVESTMENTS TO MISSION-ALIGNED COMPANIES OPERATING IN EMERGING MARKETS. THESE INVESTMENTS ARE DESIGNED TO SUPPORT BUSINESSES THAT ADDRESS CRITICAL SOCIAL AND ENVIRONMENTAL ISSUES SUCH AS ACCESS TO CLEAN ENERGY, HEALTHCARE, EDUCATION, AND FINANCIAL INCLUSIONWHILE FOSTERING SUSTAINABLE ECONOMIC DEVELOPMENT. THROUGH THIS PROGRAM, THE ORGANIZATION ADVANCES ITS CHARITABLE PURPOSE BY PROMOTING INCLUSIVE GROWTH, REDUCING POVERTY, AND IMPROVING QUALITY OF LIFE IN UNDERSERVED COMMUNITIES.

Program 2
Expenses: $41,078

ATTA IMPACT CAPITAL, INC. DELIVERS TARGETED TECHNICAL ASSISTANCE TO EARLY-STAGE ENTERPRISES THAT ALIGN WITH ITS MISSION AND DEMONSTRATE FINANCIAL NEED. THIS PROGRAM OFFERS HANDS-ON SUPPORT IN AREAS...

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ATTA IMPACT CAPITAL, INC. DELIVERS TARGETED TECHNICAL ASSISTANCE TO EARLY-STAGE ENTERPRISES THAT ALIGN WITH ITS MISSION AND DEMONSTRATE FINANCIAL NEED. THIS PROGRAM OFFERS HANDS-ON SUPPORT IN AREAS SUCH AS FINANCIAL PLANNING, INVESTMENT READINESS, SUSTAINABILITY PRACTICES, AND LEADERSHIP DEVELOPMENT. INITIALLY FOCUSED IN CENTRAL AMERICA, PARTICULARLY COSTA RICA, THE PROGRAM IS DESIGNED TO BUILD THE CAPACITY OF MISSION-DRIVEN BUSINESSES. TECHNICAL ASSISTANCE IS PROVIDED BY THE ORGANIZATION'S LEADERSHIP AND ADVISORS, WITH PLANS TO EXPAND DELIVERY THROUGH DEDICATED STAFF AS THE ORGANIZATION GROWS.

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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 $535,957
Program Service Revenue $0
Investment Income $6,631
Other Revenue $0
TOTAL REVENUE $542,588

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,345
Fundraising Expenses $26,717
Program Expenses $144,875
Other Expenses $187,210
TOTAL EXPENSES $244,555

Year-over-Year Comparison

2024 2023 Change
Revenue $542,588 N/A N/A
Expenses $244,555 N/A N/A
Net Income $298,033 $0 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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
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
3
$105,665
Total Directors
6
$105,665
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES HIGGENBOTHAM PRESIDENT & HEAD OF OPERATIONS 40.00
Officer Director
$53,270 $0 $53,270
ABIGAIL NAPSUCIALE SECRETARY 30.00
Officer Director
$52,395 $0 $52,395
ALEJANDRA GARCIA TREASURER 1.00
Officer Director
$0 $0 $0
GILLIAN MUESSIG BOARD MEMBER 1.00
Director
$0 $0 $0
CORINNE LEBRUN BOARD MEMBER 1.00
Director
$0 $0 $0
EDUARDO GARAY BOARD MEMBER (THRU 10/24) 1.00
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 $542,588 $244,555 $703,943 $298,033
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