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← ATLANTA PARTNERSHIP OF BUSINESS AND EDUCATION INC

Form 990 for tax year 2023

Filed by ATLANTA PARTNERSHIP OF BUSINESS AND EDUCATION INC.

Totals

Total revenue
$533,024
Total expenses
$3,246,113
Contributions and grants received
$528,595
Grants paid
$2,955,398
Program service revenue
$0
Investment income
$4,429
Other revenue
$0
Total assets, end of year
$1,049,438
Total liabilities, end of year
$938,647
Net assets or fund balances, end of year
$110,791
Program services expenses (Part IX)
$3,163,100
Management and general expenses
$83,013
Fundraising expenses
$0
Program service expenses (Part III)
$3,163,100

Program services were 97.4% 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

    $528,595

  • 3 · Investment income

    total $4,429 · excluded $4,429

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,943,398 · program services $2,943,398

  • 2 · Grants to domestic individuals

    total $12,000 · program services $12,000

  • 11b · Fees: legal

    total $33,154 · management and general $33,154

  • 11c · Fees: accounting

    total $35,677 · management and general $35,677

  • 13 · Office expenses

    total $11,468 · management and general $11,468

  • 17 · Travel

    total $362 · management and general $362

  • 23 · Insurance

    total $976 · management and general $976

  • 24a · Other expenses: PROGRAM SERVICES

    total $188,702 · program services $188,702

  • 24b · Other expenses: TRAINING

    total $19,000 · program services $19,000

  • 24c · Other expenses: MEALS

    total $1,196 · management and general $1,196

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $180 · management and general $180

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,912,087 · end of year $1,034,438

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $15,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $88,207 · end of year $3,225

  • 25 · Other liabilities

    beginning of year $0 · end of year $935,422

  • 27 · Net assets without donor restrictions

    beginning of year $2,823,880 · end of year $110,791

Mission and programs · 2023

Mission

TO ENHANCE AND IMPROVE THE QUALITY OF EDUCATION IN THE ATLANTA PUBLIC SCHOOLS SYSTEM BY ESTABLISHING AND MAINTAINING PARTNERSHIPS BETWEEN SCHOOLS AND PROFESSIONAL COMMUNITIES.

  • A GENERAL PROGRAM THAT SERVES AS A PASS-THROUGH VEHICLE FOR DIRECTING FUNDS FROM THE ORGANIZATION'S DONORS TO SPECIFIC SCHOOLS WITHIN THE ATLANTA PUBLIC SCHOOLS SYSTEM.

    Expenses $3,163,100 · Grants $2,955,398

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tori Forbes-Roberts

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ed Chang

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Eshe' Collins

    BOARD OF ADVISORS MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jay Cranman

    BOARD OF ADVISORS MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Lisa Herring

    BOARD OF ADVISORS MEMBER (THRU 7/23)

    Total calculated
    $0
    Hours/week
    1

  • Katie Kirkpatrick

    BOARD OF ADVISORS MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Heather Ducat

    BOARD OF ADVISORS MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Danielle Battle

    BOARD OF ADVISORS MEMBER (AS OF 7/23)

    Total calculated
    $0
    Hours/week
    1

  • Joi H Hunter

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • ATLANTA PUBLIC SCHOOLS

    $2,780,381

    FUND THE NEW CAMPUS PROJECT, EQUIPMENT & SUPPLIES AND PROGRAM WITHIN THE DISTRICT

  • THE EMPTY STOCKING FUND

    $51,000

    BACKPACK AND SCHOOL SUPPLY FUNDING

  • COMMUNITYBUILD VENTURES LLC

    $50,000

    LEARN & LEADERSHIP DEVELOPMENT

  • METRO ATLANTA LAND BANK

    $20,000

    STUDENTS FROM APS ART PROJECT

  • LEAD INC

    $20,000

    SPORTS-BASED YOUTH DEVELOPMENT MENTORING & LEADERSHIP PROGRAM AT VARIOUS APS MIDDLE SCHOOLS

  • RAISING EXPECTATIONS INC

    $20,000

    IN SUPPORT OF WASHINGTON & MAYS HS (APS SCHOOLS)

Provenance

Return type
form_990
Tax year
2023
Filed
14 February 2025
IRS schema version
2023v6.0
Source object
202520499349301402

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