Skip to content
Nonprofiteer
← METROPOLITAN FOUNDATION OF ATLANTA INC

Form 990 for tax year 2022

Filed by METROPOLITAN FOUNDATION OF ATLANTA INC.

Totals

Total revenue
$0
Total expenses
$823,611
Contributions and grants received
$0
Grants paid
$447,127
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$9,037,658
Total liabilities, end of year
$2,519,488
Net assets or fund balances, end of year
$6,518,170
Program services expenses (Part IX)
$823,611
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$823,611

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $447,127 · program services $447,127

  • 22 · Depreciation, depletion and amortization

    total $376,484 · program services $376,484

Balance sheet

Part X, book values.

  • 10a · Land, buildings and equipment: cost or other basis

    $11,105,492

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,039,665

  • 10c · Land, buildings and equipment, net

    beginning of year $7,722,890 · end of year $7,065,827

  • 15 · Other assets

    beginning of year $2,033,449 · end of year $1,971,831

  • 18 · Grants payable

    beginning of year $3,096,943 · end of year $2,519,488

  • 27 · Net assets without donor restrictions

    beginning of year $6,659,396 · end of year $6,518,170

Mission and programs · 2022

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.

  • METROPOLITAN FOUNDATION OF ATLANTA, INC. IS ORGANIZED AND OPERATED TO ACQUIRE AND HOLD REAL ESTATE FOR THE USE OF OTHER CHARITABLE ORGANIZATIONS.

    Expenses $823,611 · Grants $447,127

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Frank Fernandez

    PRESIDENT

    Total calculated
    $596,698
    From this org
    $0
    From related orgs
    $521,084
    Other
    $75,614
    Hours/week
    0.2 + 39.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $519,644 related
    Bonus
    $0
    Other
    $0 + $1,440 related
    Deferred
    $0 + $57,841 related
    Nontaxable benefits
    $0 + $17,773 related
    Filer's total
    $0 + $596,698 related
  • Mark Sutton

    CFO

    Total calculated
    $223,756
    From this org
    $0
    From related orgs
    $207,078
    Other
    $16,678
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,719 related
    Bonus
    $0 + $2,250 related
    Other
    $0 + $2,109 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $16,678 related
    Filer's total
    $0 + $223,756 related
  • Susan Grant

    BOARD CHAIR AND OFFICER

    Total calculated
    $0
    Hours/week
    0.1 + 2.8 related
  • Ron Alston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jennifer Bennecke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 2.8 related
  • Peter Berg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 3.2 related
  • Bert Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 3.5 related
  • Richard W Courts IV

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.2 related
  • Julie Ann Crommett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Fran Gary

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jeffrey Hines

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Douglas Hooker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 2.3 related
  • Julia Houston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.2 related
  • Debra Lam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Wonya Lucas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Marc Pollack

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1
  • Dantes Rameau

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.2 related
  • David Roemer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Dekia Scott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related
  • Jewel Burks Solomon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Kelli Stewart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related
  • Jerry Wilkinson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 3.5 related
  • Ryan Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.2 related
  • Studie Young

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 2.3 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE CHIEF EXECUTIVE OFFICER: THE COMPENSATION AND EVALUATION PROCESS IS DISCLOSED ON SCHEDULE O OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA FORM 990, A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343199349328159

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.