Form 990 for tax year 2023
Filed by ATHENS AREA COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $10,859,005
- Total expenses
- $7,030,415
- Contributions and grants received
- $10,180,556
- Grants paid
- $6,056,358
- Program service revenue
- $353,825
- Investment income
- $324,624
- Other revenue
- $0
- Total assets, end of year
- $28,313,231
- Total liabilities, end of year
- $9,884,770
- Net assets or fund balances, end of year
- $18,428,461
- Program services expenses (Part IX)
- $6,861,012
- Management and general expenses
- $116,384
- Fundraising expenses
- $53,019
- Program service expenses (Part III)
- $6,861,012
Program services were 97.6% 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.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$17,000
-
1f · All other contributions, gifts and grants
$10,163,556
-
1g · Noncash contributions included above
$1,477,189
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $353,825 · related or exempt $353,825
-
3 · Investment income
total $325,120 · excluded $325,120
-
7a · Gross sales of assets other than inventory
securities $46,331,400
-
7b · Less cost or other basis and sales expenses
securities $46,331,896
-
7c · Gain or loss
securities -$496
-
7d · Net gain or loss
total -$496 · excluded -$496
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,051,758 · program services $6,051,758
-
3 · Grants to foreign organizations and individuals
total $4,600 · program services $4,600
-
5 · Compensation of officers, directors and key employees
total $117,774 · program services $87,152 · management and general $21,200 · fundraising $9,422
-
7 · Other salaries and wages
total $168,168 · program services $124,445 · management and general $30,269 · fundraising $13,454
-
8 · Pension plan contributions
total $1,388 · program services $1,027 · management and general $250 · fundraising $111
-
9 · Other employee benefits
total $3,388 · program services $2,507 · management and general $610 · fundraising $271
-
10 · Payroll taxes
total $17,401 · program services $12,877 · management and general $3,132 · fundraising $1,392
-
11c · Fees: accounting
total $28,500 · management and general $28,500
-
11g · Fees: other
total $37,290 · program services $35,526 · management and general $882 · fundraising $882
-
12 · Advertising and promotion
total $50,136 · program services $45,122 · management and general $2,507 · fundraising $2,507
-
13 · Office expenses
total $26,727 · program services $24,054 · management and general $1,337 · fundraising $1,336
-
14 · Information technology
total $27,914 · program services $13,218 · management and general $7,244 · fundraising $7,452
-
17 · Travel
total $4,543 · program services $4,089 · management and general $227 · fundraising $227
-
19 · Conferences, conventions and meetings
total $26,628 · program services $25,694 · management and general $467 · fundraising $467
-
23 · Insurance
total $7,302 · program services $6,572 · management and general $365 · fundraising $365
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $298,209 · program services $263,682 · management and general $19,394 · fundraising $15,133
-
24b · Other expenses: TRAINING
total $14,868 · program services $14,868
-
24c · Other expenses: HONORARIUMS
total $1,400 · program services $1,400
-
24d · Other expenses: REGISTRATION FEES
total $1,050 · program services $1,050
-
24e · All other expenses
total $141,371 · program services $141,371
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,801 · end of year $3,334,274
-
2 · Savings and temporary cash investments
beginning of year $2,283,625 · end of year $2,150,158
-
3 · Pledges and grants receivable
beginning of year $102,899 · end of year $62,899
-
11 · Investments: publicly traded securities
beginning of year $18,630,179 · end of year $22,765,900
-
17 · Accounts payable and accrued expenses
end of year $74,536
-
25 · Other liabilities
beginning of year $7,790,599 · end of year $9,810,234
-
27 · Net assets without donor restrictions
beginning of year $154,269 · end of year $417,365
-
28 · Net assets with donor restrictions
beginning of year $13,111,636 · end of year $18,011,096
Mission and programs · 2023
Mission
BRINGING PEOPLE TOGETHER WHO CARE DEEPLY ABOUT ATHENS, GEORGIA AND SURROUNDING AREAS AND WHO SEEK TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC WELL-BEING OF ALL PEOPLE IN OUR COMMUNITY THROUGH GIFTS AND INVOLVEMENT. COMMITTED TO CONNECTING DONORS WITH WHAT THEY CARE ABOUT THROUGH CHARITABLE GIVING AND BY SERVING AS WELL-INFORMED AND EFFECTIVE GRANT-MAKER WORKING IN PARTNERSHIP WITH THE COMMUNITY AND ENCOURAGING THE ENTIRE COMMUNITY TO SUPPORT CHARITABLE GIVING FOR THE BENEFIT OF ALL.
Activities or mission (Part I)
BRINGING PEOPLE TOGETHER WHO CARE DEEPLY ABOUT ATHENS, GEORGIA AND SURROUNDING AREA AND WHO SEEK TO IMPROVE THE QUALITY OF LIFE AND ECONOMIC WELL-BEING OF ALL PEOPLE IN OUR COMMUNITY THROUGH GIFTS AND INVOLVEMENT. COMMITTED TO CONNECTING DONORS WITH WHAT THEY CARE ABOUT THROUGH CHARITABLE GIVING AND BY SERVING AS A WELL-INFORMED AND EFFECTIVE GRANT-MAKER WORKING IN PARTNERSHIP WITH THE COMMUNITY AND ENCOURAGING THE ENTIRE COMMUNITY TO SUPPORT CHARITABLE GIVING FOR THE BENEFIT OF ALL.
-
THE FOUNDATION'S PURPOSE IS TO MANAGE AND DISBURSE FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS LOCATED IN THE ATHENS AND SURROUNDING AREAS.
Expenses $6,861,012 · Grants $6,056,358 · Revenue $353,825
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sara SchrammSARA SCHRAMM
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Myron DownMYRON DOWN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Alicia BattleALICIA BATTLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Clark BrownCLARK BROWN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Rhodes McLanahanRHODES MCLANAHAN
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Amy BementAMY BEMENT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David BradleyDAVID BRADLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin ClarkKEVIN CLARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sally CoenenSALLY COENEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer FrumJENNIFER FRUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick GarrardPATRICK GARRARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelly GirtzKELLY GIRTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Heidi HensleyHEIDI HENSLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bavan HopperBAVAN HOPPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim JohnsonTIM JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jody PattonJODY PATTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kirk SmithKIRK SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roy StoweROY STOWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah McKinneySARAH MCKINNEY
CEO/PRESIDENT
- Total calculated
- $117,774
- From this org
- $111,806
- From related orgs
- $0
- Other
- $5,968
- Hours/week
- 40
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.
Grants on this return
-
$2,355,000
GENERAL SUPPORT
-
$400,000
GENERAL SUPPORT
-
$300,000
GENERAL SUPPORT
-
MEN OPPOSING SEX TRAFFICKING INC
$250,000
GENERAL SUPPORT
-
PIEDMONT ATHENS REGIONAL FOUNDATION
$225,000
GENERAL SUPPORT
-
$197,851
GENERAL SUPPORT
-
$160,000
GENERAL SUPPORT
-
$150,000
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$135,033
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST - 1
T · TRUST · GA · controlled entity
Directly controlled by ATHENS AREA COMMUNITY FOUNDATION
-
CHARITABLE REMAINDER UNITRUST - 1
T · TRUST · GA · controlled entity
Directly controlled by ATHENS AREA COMMUNITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501129349301100
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.