Civic Intelligence

Artportunity Knocks Inc

990 • Fiscal year 2023 • EIN 27-1004474

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

275 Decatur St SEAtlanta, GA 30312

(678) 355-8734

Siviq Scores

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

Liabilities / Assets

97th percentile

1.65x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.28x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

48th percentile

3.2%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$96,472

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

10th percentile

-21%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

0.1%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$164,128

Down $43,536 (-21%) from 2022

Net Assets

Up

-$107,388

Up $23,985 (+18%) from 2022

Liabilities

Down

$271,516

Down $67,521 (-20%) from 2022

Revenue

Up

$986,292

Up $720 (+0.1%) from 2022

Expenses

Up

$955,140

Up $272,334 (+40%) from 2022

Net Income

Down

$31,152

Down $271,614 (-90%) from 2022

Historical Trend

Balance Sheet Trend

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

$500K$0-$500KAssets 2014: $21,986Liabilities 2014: $0Net Assets 2014: $21,9862014Assets 2015: $0Liabilities 2015: $9,941Net Assets 2015: -$9,9412015Assets 2017: $9,645Liabilities 2017: $60,568Net Assets 2017: -$50,9232017Assets 2018: $76,307Liabilities 2018: $10,087Net Assets 2018: $66,2202018Assets 2019: $12,740Liabilities 2019: $70,723Net Assets 2019: -$57,9832019Assets 2020: $112,653Liabilities 2020: $230,735Net Assets 2020: -$118,0822020Assets 2021: $37,008Liabilities 2021: $471,147Net Assets 2021: -$434,1392021Assets 2022: $207,664Liabilities 2022: $339,037Net Assets 2022: -$131,3732022Assets 2023: $164,128Liabilities 2023: $271,516Net Assets 2023: -$107,3882023Assets 2024: $32,512Liabilities 2024: $356,549Net Assets 2024: -$324,0372024

Highlighted filing

2023

Assets$164,128
Liabilities$271,516
Net Assets-$107,388

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $153,250Expenses 2014: $132,736Net Income 2014: $20,5142014Revenue 2015: $107,632Expenses 2015: $117,573Net Income 2015: -$9,9412015Revenue 2017: $221,420Expenses 2017: $269,961Net Income 2017: -$48,5412017Revenue 2018: $214,335Expenses 2018: $172,878Net Income 2018: $41,4572018Revenue 2019: $355,074Expenses 2019: $347,925Net Income 2019: $7,1492019Revenue 2020: $671,805Expenses 2020: $731,904Net Income 2020: -$60,0992020Revenue 2021: $383,836Expenses 2021: $699,893Net Income 2021: -$316,0572021Revenue 2022: $985,572Expenses 2022: $682,806Net Income 2022: $302,7662022Revenue 2023: $986,292Expenses 2023: $955,140Net Income 2023: $31,1522023Revenue 2024: $588,639Expenses 2024: $807,937Net Income 2024: -$219,2982024

Highlighted filing

2023

Revenue$986,292
Expenses$955,140
Net Income$31,152
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$986,292
Mission and Program Overview

Mission

To empower youth to make positive and smart choices while increasing opportunities in stem+arts, education, community service, and bridging cultures. This mission is accomplished through a variety of activities such as camps, afterschool programs, events, workshops, and classes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$88,424$109,825▲ $21,401
Cash and Non-Interest-Bearing Accounts$110,743$50,415▼ $60,328
Land, Buildings, and Equipment, Net$8,497$1,983▼ $6,514
Total Assets$207,664$164,128▼ $43,536
Other Assets Total-$1,905-
Liabilities
Mortgage Notes Payable Secured by Investment Property$183,626$176,575▼ $7,051
Unsecured Notes Loans Payable$100,638$73,539▼ $27,099
Accounts Payable and Accrued Expenses-$20,479-
Other Liabilities$54,773$923▼ $53,850
Total Liabilities$339,037$271,516▼ $67,521
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-131,373$-107,388▲ $23,985
Total Net Assets Fund Balance$-131,373$-107,388▲ $23,985
Total Liabilities and Net Assets / Fund Balance$207,664$164,128▼ $43,536

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,983$30,379$32,362
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher WoodsPresident &FT$90,000$6,472$96,472

Board Members and Trustees

NameTitle
Ayanna OverallChairwoman
Jared BranyonBoard Member
Malika Ghosh-garrettBoard Member
Melvin BreedenBoard Member
Kori McmillionSecretary
Naushad ShahzadTreasuer
Ruddy CorderoVice Charima
Revenue and Support

Revenue Composition

Contributions and Grants
$948,963
Program Service Revenue
$34,889
Investment Income
$345
Other Revenue
$2,095
All Other Contributions
$101,573
Change in Net Assets
$31,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$748,115
Salaries, Compensation, and Employee Benefits$207,025
Total Fundraising Expense$7,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$397,627$5,795-$403,422
Other Salaries and Wages$112,990$43,053-$156,043
Office Expenses$373$55,019-$55,392
Payroll Taxes$3,300$37,248-$40,548
Occupancy$12,580$20,496-$33,076
All Other Expenses$19,247$3,131-$22,378
Fees for Services Accounting$5,009$14,075-$19,084
Advertising$1,767$5,690$7,000$14,457
Other Employee Benefits$2,731$7,703-$10,434
Other Expenses$370$7,665-$7,665
Travel$3,310$3,302-$6,612
Depreciation Depletion-$6,514-$6,514
Insurance-$6,256-$6,256
Information Technology$182$3,359-$3,541
Conferences and Meetings$1,357--$1,357
Total Functional Expenses$587,818$360,322$7,000$955,140
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,202
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$923
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Executive director will review form 990. Financials will be reviewed and audited by a third-party cpa firm.

Form 990, Page 6, Part VI, Line 19

No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Artportunity Knocks Inc
EIN
27-1004474
Phone
6783558734
Address
275 DECATUR ST SE, ATLANTA, GA 30312

Signing Officer

Name
Christopher Woods
Title
President & Ed
Phone
6783558734
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Woods
Formed
2009
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
14
Volunteers
21

Preparer

Firm
Catrice James CPA Pc
Address
118 30TH AVE N, NASHVILLE, TN 37203
Preparer
Catrice James
Phone
6156498027
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To empower youth to make positive and smart choices while increasing opportunities in stem+arts, education, community service, and bridging cultures. This mission is accomplished through a variety of activities such as camps, afterschool programs, events, workshops, and classes.

Form 990, Page 2, Part III, Line 4D

Educational, gca - art program: this grant supported the new saturday creative careers academy and expanded art forms in the afterschool and summer programs, including culinary arts, chinese folk art, and music production. United way: for the albany location, united way funding made tuition-free summer programming available to 56 students.

Form 990, Part IX, Line 11G

Curriculum development contra 7,161 0 0 instructional contractors 139,533 0 0 contracted program teachers 91,061 0 0 curriculum development contra 950 0 0 professional grant writing 1,000 0 0 professional fees 1,400 0 0 instructional contractors 20,184 0 0 contracted program teachers 24,710 0 0 instructional contractors 13,858 0 0 professional fees 750 0 0 curriculum development contra 0 104 0 professional fees 0 5,691 0 contracted program teachers 3,810 0 0 contract labor 24,267 0 0 curriculum development contra 1,728 0 0 instructional contractors 50,797 0 0 professional fees 16,418 0 0 total 397,627 5,795 0

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IRS990/ProgSrvcAccomActy2Grp/Desc0WITH THE EXPANSION INTO ALBANY, GEORGIA, WE ACHIEVED AN ALL-TIME HIGH NUMBER OF STUDENTS ENROLLED IN OUR SUMMER CAMP, REACHING 106 STUDENTS. THE PROGRAM CULMINATED IN FOUR EVENTS SHOWCASING STUDENTS' PROFICIENCY ACROSS MULTIPLE ARTISTIC DISCIPLINES. ADDITIONALLY, THE INTRODUCTION OF NEW ART FORMS LIKE CULINARY ARTS, CHINESE FOLK ART, AND MUSIC PRODUCTION ENRICHED THE LEARNING EXPERIENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt024536
IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH ARTS PROGRAM: FUNDED BY THE FULTON COUNTY ARTS COUNCIL, THIS PROGRAM ENSURES THAT STUDENTS HAVE NO-COST ACCESS TO A DIVERSE ARRAY OF ARTS EDUCATION OPPORTUNITIES. BY REMOVING FINANCIAL BARRIERS TO PARTICIPATION, WE OPEN DOORS FOR YOUNG PEOPLE TO EXPLORE THEIR CREATIVITY, DEVELOP NEW SKILLS, AND ENGAGE IN ARTISTIC EXPRESSION IN A SUPPORTIVE ENVIRONMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053578
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATIONAL, GCA - ART PROGRAM: THIS GRANT SUPPORTED THE NEW SATURDAY CREATIVE CAREERS ACADEMY AND EXPANDED ART FORMS IN THE AFTERSCHOOL AND SUMMER PROGRAMS, INCLUDING CULINARY ARTS, CHINESE FOLK ART, AND MUSIC PRODUCTION. UNITED WAY: FOR THE ALBANY LOCATION, UNITED WAY FUNDING MADE TUITION-FREE SUMMER PROGRAMMING AVAILABLE TO 56 STUDENTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0112122
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt034889
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IRS990/PYContributionsGrantsAmt0975131
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04
IRS990/PYOtherExpensesAmt0293927
IRS990/PYOtherRevenueAmt060
IRS990/PYProgramServiceRevenueAmt010377
IRS990/PYRevenuesLessExpensesAmt0302766
IRS990/PYSalariesCompEmpBnftPaidAmt0388879
IRS990/PYTotalExpensesAmt0682806
IRS990/PYTotalRevenueAmt0985572
IRS990/ReconcilationRevenueExpnssAmt031152
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0948263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0987691
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0380791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0651415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0136321
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03104481
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0349
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035782
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03045
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt020390
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0218752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0288346
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0345
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0671805
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0671805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0355073
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03393176
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01983
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030379
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01983
IRS990ScheduleD/TotalLiabilityAmt0923
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO EMPOWER YOUTH TO MAKE POSITIVE AND SMART CHOICES WHILE INCREASING OPPORTUNITIES IN STEM+ARTS, EDUCATION, COMMUNITY SERVICE, AND BRIDGING CULTURES. THIS MISSION IS ACCOMPLISHED THROUGH A VARIETY OF ACTIVITIES SUCH AS CAMPS, AFTERSCHOOL PROGRAMS, EVENTS, WORKSHOPS, AND CLASSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATIONAL, GCA - ART PROGRAM: THIS GRANT SUPPORTED THE NEW SATURDAY CREATIVE CAREERS ACADEMY AND EXPANDED ART FORMS IN THE AFTERSCHOOL AND SUMMER PROGRAMS, INCLUDING CULINARY ARTS, CHINESE FOLK ART, AND MUSIC PRODUCTION. UNITED WAY: FOR THE ALBANY LOCATION, UNITED WAY FUNDING MADE TUITION-FREE SUMMER PROGRAMMING AVAILABLE TO 56 STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR WILL REVIEW FORM 990. FINANCIALS WILL BE REVIEWED AND AUDITED BY A THIRD-PARTY CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CURRICULUM DEVELOPMENT CONTRA 7,161 0 0 INSTRUCTIONAL CONTRACTORS 139,533 0 0 CONTRACTED PROGRAM TEACHERS 91,061 0 0 CURRICULUM DEVELOPMENT CONTRA 950 0 0 PROFESSIONAL GRANT WRITING 1,000 0 0 PROFESSIONAL FEES 1,400 0 0 INSTRUCTIONAL CONTRACTORS 20,184 0 0 CONTRACTED PROGRAM TEACHERS 24,710 0 0 INSTRUCTIONAL CONTRACTORS 13,858 0 0 PROFESSIONAL FEES 750 0 0 CURRICULUM DEVELOPMENT CONTRA 0 104 0 PROFESSIONAL FEES 0 5,691 0 CONTRACTED PROGRAM TEACHERS 3,810 0 0 CONTRACT LABOR 24,267 0 0 CURRICULUM DEVELOPMENT CONTRA 1,728 0 0 INSTRUCTIONAL CONTRACTORS 50,797 0 0 PROFESSIONAL FEES 16,418 0 0 TOTAL 397,627 5,795 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0164128
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IRS990/TotalAssetsGrp/EOYAmt0164128
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IRS990/TotalContributionsAmt0948963
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0360322
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0587818
IRS990/TotalFunctionalExpensesGrp/TotalAmt0955140
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0339037
IRS990/TotalLiabilitiesEOYAmt0271516
IRS990/TotalLiabilitiesGrp/BOYAmt0339037
IRS990/TotalLiabilitiesGrp/EOYAmt0271516
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-131373
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-107388
IRS990/TotalOtherCompensationAmt06472
IRS990/TotalOtherProgSrvcExpenseAmt0112122
IRS990/TotalOtherProgSrvcRevenueAmt034889
IRS990/TotalProgramServiceExpensesAmt0587818
IRS990/TotalProgramServiceRevenueAmt034889
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0986292
IRS990/TotalVolunteersCnt021
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0164128
IRS990/TravelGrp/ManagementAndGeneralAmt03302
IRS990/TravelGrp/ProgramServicesAmt03310
IRS990/TravelGrp/TotalAmt06612
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IRS990/USAddress/AddressLine1Txt0275 DECATUR ST
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030312
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IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.ARTPORTUNITYKNOCKS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER WOODS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & ED
ReturnHeader/BusinessOfficerGrp/PhoneNum06783558734
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTPORTUNITY KNOCKS INC
ReturnHeader/Filer/BusinessNameControlTxt0ARTP

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