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Nonprofiteer
← HILLSIDE ATLANTA FOUNDATION INC

Form 990 for tax year 2024

Filed by HILLSIDE ATLANTA FOUNDATION INC.

Totals

Total revenue
$552,761
Total expenses
$602,787
Contributions and grants received
$69,405
Grants paid
$495,610
Program service revenue
$6,611
Investment income
-$989,891
Other revenue
$1,466,636
Total assets, end of year
$28,874,566
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$28,874,566
Program services expenses (Part IX)
$495,610
Management and general expenses
$80,000
Fundraising expenses
$27,177
Program service expenses (Part III)
$495,610

Program services were 82.2% 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.

  • 1f · All other contributions, gifts and grants

    $69,405

  • 2a · Program service revenue: Program Services

    total $6,611 · related or exempt $6,611

  • 7a · Gross sales of assets other than inventory

    securities $7,931,538

  • 7b · Less cost or other basis and sales expenses

    securities $8,921,429

  • 7c · Gain or loss

    securities -$989,891

  • 7d · Net gain or loss

    total -$989,891 · excluded -$989,891

  • 11a · Other revenue: Reinvestment of Capital Gains

    total $1,466,636 · excluded $1,466,636

  • 11e · Other revenue, total

    $1,466,636

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $495,610 · program services $495,610

  • 11c · Fees: accounting

    total $2,678 · fundraising $2,678

  • 11f · Fees: investment management

    total $80,000 · management and general $80,000

  • 11g · Fees: other

    total $3,120 · fundraising $3,120

  • 23 · Insurance

    total $7,816 · fundraising $7,816

  • 24a · Other expenses: Financial Fees

    total $13,546 · fundraising $13,546

  • 24b · Other expenses: Other Expenses

    total $17 · fundraising $17

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $542,601 · end of year $944,258

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,723 · end of year $2,660

  • 11 · Investments: publicly traded securities

    beginning of year $25,626,969 · end of year $27,927,648

  • 27 · Net assets without donor restrictions

    beginning of year $26,145,857 · end of year $28,874,566

  • 28 · Net assets with donor restrictions

    beginning of year $27,436 · end of year $0

Mission and programs · 2024

Mission

Supporting organization that fundraises exclusively for the benefit of Hillside, Inc.

  • Supporting organization that fundraises exclusively for the benefit of Hillside, Inc.

    Expenses $495,610 · Grants $495,610 · Revenue $6,611

As filed on the 2024 return.

Listed in Part VII

  • Nicholas T Stafford

    Chairperson

    Total calculated
    $0
    Hours/week
    2
  • Mary C Downs

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Mary Bear Hughes

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Betty Case

    Director

    Total calculated
    $0
    Hours/week
    2
  • Kerstin Benden

    Director

    Total calculated
    $0
    Hours/week
    2
  • Rodney C Southworth

    Chief Financial Officer

    Total calculated
    $0
    Hours/week
    2

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

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2026
IRS schema version
2024v5.5
Source object
202600439349300630

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