Civic Intelligence

Atlanta Committee for Progress Inc

990 • Fiscal year 2014 • EIN 20-1216496

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

235 Peachtree Street NE Ste 400Atlanta, GA 30303

(404) 589-0709

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.22x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

8th percentile

-14%

Higher net margin than 8% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

5th percentile

-29%

Faster asset growth than 5% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

19%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$263,525

Down $107,303 (-29%) from 2013

Net Assets

Down

$204,462

Down $114,716 (-36%) from 2013

Liabilities

Up

$59,063

Up $7,413 (+14%) from 2013

Revenue

Up

$819,780

Up $129,241 (+19%) from 2013

Expenses

Up

$934,496

Up $278,140 (+42%) from 2013

Net Income

Down

-$114,716

Down $148,899 (-436%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $185,013Liabilities 2010: $52,282Net Assets 2010: $132,7312010Assets 2011: $264,733Liabilities 2011: $49,868Net Assets 2011: $214,8652011Assets 2012: $335,086Liabilities 2012: $50,091Net Assets 2012: $284,9952012Assets 2013: $370,828Liabilities 2013: $51,650Net Assets 2013: $319,1782013Assets 2014: $263,525Liabilities 2014: $59,063Net Assets 2014: $204,4622014Assets 2015: $82,405Liabilities 2015: $128,706Net Assets 2015: -$46,3012015Assets 2016: $260,581Liabilities 2016: $1,170Net Assets 2016: $259,4112016Assets 2017: $835,683Liabilities 2017: $1,534Net Assets 2017: $834,1492017Assets 2018: $1,280,840Liabilities 2018: $9,023Net Assets 2018: $1,271,8172018Assets 2019: $1,382,154Liabilities 2019: $1,594Net Assets 2019: $1,380,5602019Assets 2020: $1,253,107Liabilities 2020: $949Net Assets 2020: $1,252,1582020Assets 2021: $1,166,579Liabilities 2021: $2,532Net Assets 2021: $1,164,0472021Assets 2022: $1,184,030Liabilities 2022: $2,282Net Assets 2022: $1,181,7482022Assets 2023: $1,730,101Liabilities 2023: $33,389Net Assets 2023: $1,696,7122023Assets 2024: $2,142,549Liabilities 2024: $223Net Assets 2024: $2,142,3262024

Highlighted filing

2014

Assets$263,525
Liabilities$59,063
Net Assets$204,462

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $826,9122010Expenses 2011: $638,6172011Revenue 2012: $687,739Expenses 2012: $617,609Net Income 2012: $70,1302012Revenue 2013: $690,539Expenses 2013: $656,356Net Income 2013: $34,1832013Revenue 2014: $819,780Expenses 2014: $934,496Net Income 2014: -$114,7162014Revenue 2015: $895,576Expenses 2015: $1,146,339Net Income 2015: -$250,7632015Revenue 2016: $1,434,012Expenses 2016: $1,128,300Net Income 2016: $305,7122016Revenue 2017: $1,320,000Expenses 2017: $745,262Net Income 2017: $574,7382017Revenue 2018: $1,461,756Expenses 2018: $1,024,088Net Income 2018: $437,6682018Revenue 2019: $1,175,000Expenses 2019: $1,066,257Net Income 2019: $108,7432019Revenue 2020: $1,340,000Expenses 2020: $1,468,402Net Income 2020: -$128,4022020Revenue 2021: $1,555,000Expenses 2021: $1,643,111Net Income 2021: -$88,1112021Revenue 2022: $1,760,000Expenses 2022: $1,742,299Net Income 2022: $17,7012022Revenue 2023: $1,340,000Expenses 2023: $825,036Net Income 2023: $514,9642023Revenue 2024: $1,830,000Expenses 2024: $1,384,386Net Income 2024: $445,6142024

Highlighted filing

2014

Revenue$819,780
Expenses$934,496
Net Income-$114,716
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$819,780
Mission and Program Overview

Mission

Acp is a group committed to identifying and providing leadership on selected issues important to driving the economic development of the city of atlanta and for which the acp's active involvement will make a major difference. The acp has a bias for action and is committed to accomplishing this mission in the most effective way possible. Accordingly, the acp operates based on the following principles:1. The acp will focus principally on the city of atlanta, but coordinate its activities with other organizations to ensure maximum impact for the region as a whole;2. The acp will focus on a limited number of issues critical to economic development;3. The acp will work through existing organizations to accomplish its goals whenever possible;4. The acp will address issues with analytical rigor, including the use of clear work plans, metrics, milestones and deadlines;5. The acp will make decisions through its board of directors, a members only body (no substitutes) consisting of c

Acp is a group committed to identifying and providing leadership on selected issues important to driving the economic development of the city of atlanta and for which the acp's active involvement will make a major difference. The acp has a bias for action and is committed to accomplishing this mission in the most effective way possible. Accordingly, the acp operates based on the following principles: 1. The acp will focus principally on the city of atlanta, but coordinate its activities with other organizations to ensure maximum impact for the region as a whole; 2. The acp will focus on a limited number of issues critical to economic development; 3. The acp will work through existing organizations to accomplish its goals whenever possible; 4. The acp will address issues with analytical rigor, including the use of clear work plans, metrics, milestones and deadlines; 5. The acp will make decisions through its executive committee, a members only body (no substitutes) consisting of chief e

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$326,828$219,525▼ $107,303
Accounts Receivable$44,000$44,000→ $0
Total Assets$370,828$263,525▼ $107,303
Liabilities
Accounts Payable and Accrued Expenses$51,650$59,063▲ $7,413
Total Liabilities$51,650$59,063▲ $7,413
Net Assets / Fund Balance
Unrestricted Net Assets$319,178$204,462▼ $114,716
Total Net Assets Fund Balance$319,178$204,462▼ $114,716
Total Liabilities and Net Assets / Fund Balance$370,828$263,525▼ $107,303
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ahmann INCExec. & Admin235 PEACHTREE STREET NE SUITE 400, Atlanta, GA 30303$588,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$819,500
Investment Income
$280
Other Revenue
$0
Change in Net Assets
$-114,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$754,496
Grants and Similar Amounts Paid$180,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$612,528
Grants to Domestic Orgs---$180,000
Fees for Services Other---$84,186
Fees for Services Legal---$54,254
Insurance---$3,442
Office Expenses---$86
Total Functional Expenses$0$0$0$934,496
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Go ClaytonJonesboro, GA-Educating/referendum$100,000
The Community Foundation forAtlanta, GA-Atlanta School$80,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bill RogersVice ChairmanBank ServicesNo-
Claire ArnoldTreasurerIt ServicesNo-
Paul BowersDirectorElectricity ServicesNo-
Sylvia RussellDirectorTelephone ServicesNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

At&t h.j. Russell & company ceo chairman marriage

Form 990, Page 6, Part VI, Line 3

Ahmann, inc. Provides management services for atlanta committee for progress.

Form 990, Page 6, Part VI, Line 6

Members. The acp has 40 members, each of whom holds or has held an executive - level position in a corporation, non-profit organization, government or educational institution.

Form 990, Page 6, Part VI, Line 7A

Each member of the atlanta committee for progess also serves on the board of directors.

Form 990, Page 6, Part VI, Line 7B

Same decisions are subject to member approval under georgia nonprofit corporation code.

Form 990, Page 6, Part VI, Line 11B

The return will be reviewed by the executive committee and entire board before filing.

Form 990, Page 6, Part VI, Line 12C

The chairman of the board is responsible for monitoring all conflicts of interest that have been disclosed by board members, committee members, employees and other representatives. In the event that there is a material development with respect to a conflict of interest, the chairman of the board is required to disclose such development to the board of directors. The chairman of the board also monitors proposed or ongoing transactions of the acp (e.g., contracts with vendors and collaborations with third parties) for conflicts of interest and discloses them to the board, whether discovered before or after the transaction has occurred. If any person has reasonable cause to believe that the acp's conflict of interest policy has been violated, the policy provides that such person should inform the board of directors, which shall carefully evaluate all complaints. If the board of directors has reasonable cause to believe that a person covered by the policy has violated the policy, it informs such person of the basis for such belief and affords the person a reasonable opportunity to respond. If, after providing the person a reasonable opportunity to respond and making any additional investigation as warranted by the circumstances, the board of directors determines that such person violated the policy, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 19

The secretary of the board coordinates the maintenance of the acp's records. The secretary considers the appropriate response to written requests for information or company records, including the company's articles of incorporation, bylaws, financial statements and policies, from members of the public.

Filing and Contact Details

Filer

Filer Name
Atlanta Committee for Progress Inc
EIN
20-1216496
Phone
4045890709
Address
235 PEACHTREE STREET NE STE 400, ATLANTA, GA 30303

Signing Officer

Name
Claire Lewis Arnold
Title
Treasurer
Phone
4045890709
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ga
Voting Board Members
40
Independent Board Members
40
Employees
0

Preparer

Firm
E Shawn Danley CPA Pc
Address
2336 WISTERIA DR STE 220, SNELLVILLE, GA 30078
Preparer
E Shawn Danley CPA
Phone
6783440150
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Acp is a group committed to identifying and providing leadership on selected issues important to driving the economic development of the city of atlanta and for which the acp's active involvement will make a major difference. The acp has a bias for action and is committed to accomplishing this mission in the most effective way possible. Accordingly, the acp operates based on the following principles: 1. The acp will focus principally on the city of atlanta, but coordinate its activities with other organizations to ensure maximum impact for the region as a whole; 2. The acp will focus on a limited number of issues critical to economic development; 3. The acp will work through existing organizations to accomplish its goals whenever possible; 4. The acp will address issues with analytical rigor, including the use of clear work plans, metrics, milestones and deadlines; 5. The acp will make decisions through its executive committee, a members only body (no substitutes) consisting of chief executive officers, or equivalent, from local business and civic institutions.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
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IRS990/MissionDesc0ACP IS A GROUP COMMITTED TO IDENTIFYING AND PROVIDING LEADERSHIP ON SELECTED ISSUES IMPORTANT TO DRIVING THE ECONOMIC DEVELOPMENT OF THE CITY OF ATLANTA AND FOR WHICH THE ACP'S ACTIVE INVOLVEMENT WILL MAKE A MAJOR DIFFERENCE. THE ACP HAS A BIAS FOR ACTION AND IS COMMITTED TO ACCOMPLISHING THIS MISSION IN THE MOST EFFECTIVE WAY POSSIBLE. ACCORDINGLY, THE ACP OPERATES BASED ON THE FOLLOWING PRINCIPLES: 1. THE ACP WILL FOCUS PRINCIPALLY ON THE CITY OF ATLANTA, BUT COORDINATE ITS ACTIVITIES WITH OTHER ORGANIZATIONS TO ENSURE MAXIMUM IMPACT FOR THE REGION AS A WHOLE; 2. THE ACP WILL FOCUS ON A LIMITED NUMBER OF ISSUES CRITICAL TO ECONOMIC DEVELOPMENT; 3. THE ACP WILL WORK THROUGH EXISTING ORGANIZATIONS TO ACCOMPLISH ITS GOALS WHENEVER POSSIBLE; 4. THE ACP WILL ADDRESS ISSUES WITH ANALYTICAL RIGOR, INCLUDING THE USE OF CLEAR WORK PLANS, METRICS, MILESTONES AND DEADLINES; 5. THE ACP WILL MAKE DECISIONS THROUGH ITS EXECUTIVE COMMITTEE, A MEMBERS ONLY BODY (NO SUBSTITUTES) CONSISTING OF CHIEF E
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.00$2.14$1.83$1.38$0.45
2023Summary only. Only limited summary data is available for this year.$1.73$0.03$1.70$1.34$0.83$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.18$1.76$1.74$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.16$1.56$1.64$0.09
2020Summary only. Only limited summary data is available for this year.$1.25$0.00$1.25$1.34$1.47$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$1.18$1.07$0.11
2018Summary only. Only limited summary data is available for this year.$1.28$0.01$1.27$1.46$1.02$0.44
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.83$1.32$0.75$0.57
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$1.43$1.13$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.13$0.05$0.90$1.15$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.06$0.20$0.82$0.93$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.05$0.32$0.69$0.66$0.03
2012Summary only. Only limited summary data is available for this year.$0.34$0.05$0.28$0.69$0.62$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.05$0.21$0.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.05$0.13$0.83
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)6 • $500k-$1M nonprofits