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Nonprofiteer
← ROI FUND INC

Form 990 for tax year 2023

Filed by ROI FUND INC.

Totals

Total revenue
$0
Total expenses
$15,889,739
Contributions and grants received
$0
Grants paid
$15,889,739
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$15,889,739
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$15,889,739

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 $15,889,739 · program services $15,889,739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $10,095,623 · end of year $0

  • 12 · Investments: other securities

    beginning of year $4,974,518 · end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $1,019,598 · end of year $0

  • 18 · Grants payable

    beginning of year $200,000

  • 27 · Net assets without donor restrictions

    beginning of year $15,889,739 · end of year $0

Mission and programs · 2023

Mission

TO CARRY OUT THE PURPOSES OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA, INC.

Activities or mission (Part I)

ROI FUND IS A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION OF GREATER ATLANTA, ONE OF THE LARGEST COMMUNITY FOUNDATIONS IN THE US. ROI FUND WILL CARRY OUT ITS EXEMPT CHARITABLE PURPOSES AND FUNCTIONS BY MAKING GRANTS TO PUBLIC CHARITIES SUPPORTED BY THE COMMUNITY FOUNDATION FOR GREATER ATLANTA.

  • THE ORGANIZATION WAS DISSOLVED AND ALL NET ASSETS WERE TRANSFERRED TO THE COMMUNITY FOUNDATION OF GREATER ATLANTA.

    Expenses $15,889,739 · Grants $15,889,739

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

Listed in Part VII

  • Sidney Wise

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Millard Choate

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Susan Choate

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alex Hertz

    TREASURER

    Total calculated
    $0
    Hours/week
    0

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

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.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2023
Filed
4 December 2024
IRS schema version
2023v5.1
Source object
202433409349301013

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