Civic Intelligence

Sandy Springs Arts Foundation Inc

EIN 46-1187688 • 501(c)3 • Sandy Springs, GA

Profile

The organization's mission is to provide all sandy springs residents with access to life-enriching arts experiences and arts educational opportunities. We exist to enhance the quality of life for sandy springs residents by providing financial support for comprehensive performing arts education and offering performances that are accessible to all. We do this by engaging donors in the community; those who will invest in arts programming and education initiatives at the new sandy springs performing arts center and around our city. The foundation raises funds to provide grants to organizations and schools that fulfill our mission.

10 Glenlake Pkwy Suite 130Sandy Springs, GA 30328

www.ssarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.01x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-21%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

30th percentile

-4.8%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$675,734

Down $86,802 (-11%) from 2023

Liabilities

Down

$5,423

Down $5,912 (-52%) from 2023

Net Assets

Down

$670,311

Down $80,890 (-11%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin9th percentile

Revenue

Up

$212,856

Up $46,160 (+28%) from 2023

Expenses

Down

$293,746

Down $139,044 (-32%) from 2023

Net Income

Up

-$80,890

Up $185,204 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2019: $1,567,439Liabilities 2019: $191,334Net Assets 2019: $1,376,1052019Assets 2020: $1,266,952Liabilities 2020: $127,708Net Assets 2020: $1,139,2442020Assets 2021: $1,102,534Liabilities 2021: $78,592Net Assets 2021: $1,023,9422021Assets 2022: $1,080,384Liabilities 2022: $63,089Net Assets 2022: $1,017,2952022Assets 2023: $762,536Liabilities 2023: $11,335Net Assets 2023: $751,2012023Assets 2024: $675,734Liabilities 2024: $5,423Net Assets 2024: $670,3112024

Highlighted filing

2024

Assets$675,734
Liabilities$5,423
Net Assets$670,311
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $519,584Expenses 2019: $528,750Net Income 2019: -$9,1662019Revenue 2020: $507,426Expenses 2020: $412,462Net Income 2020: $94,9642020Revenue 2021: $553,095Expenses 2021: $387,893Net Income 2021: $165,2022021Revenue 2022: $235,012Expenses 2022: $200,267Net Income 2022: $34,7452022Revenue 2023: $166,696Expenses 2023: $432,790Net Income 2023: -$266,0942023Revenue 2024: $212,856Expenses 2024: $293,746Net Income 2024: -$80,8902024

Highlighted filing

2024

Revenue$212,856
Expenses$293,746
Net Income-$80,890
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$675,734
Liabilities
$5,423
Net assets
$670,311
Revenue
$212,856
Expenses
$293,746
Net income
-$80,890
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.01$0.67$0.21$0.29$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.01$0.75$0.17$0.43$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.06$1.02$0.24$0.20$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.08$1.02$0.55$0.39$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.13$1.14$0.51$0.41$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.19$1.38$0.52$0.53$0.01
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$402,246
Mission and Program Overview

Mission

The organization's mission is to provide all sandy springs residents with access to life-enriching arts experiences and arts educational opportunities. We exist to enhance the quality of life for sandy springs residents by providing financial support for comprehensive performing arts education and offering performances that are accessible to all. We do this by engaging donors in the community; those who will invest in arts programming and education initiatives at the new sandy springs performing arts center and around our city. The foundation raises funds to provide grants to organizations and schools that fulfill our mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,023,942$1,017,295▼ $6,647
Savings and Temporary Cash Investments$559,721$613,940▲ $54,219
Pledges and Grants Receivable$413,743$331,755▼ $81,988
Cash and Non-Interest-Bearing Accounts$98,746$95,794▼ $2,952
Prepaid Expenses and Deferred Charges$30,324$38,895▲ $8,571
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,102,534$1,080,384▼ $22,150
Liabilities
Accounts Payable and Accrued Expenses$78,592$63,089▼ $15,503
Total Liabilities$78,592$63,089▼ $15,503
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,023,942$1,017,295▼ $6,647
Total Liabilities and Net Assets / Fund Balance$1,102,534$1,080,384▼ $22,150
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Maureen DarceyFoundation ManagerFT$74,791$74,791

Board Members and Trustees

NameTitle
Meade SutterfieldChair
Ken ByersImmediate Past Chair
Betty SunshineBoard Member
Connie SeacrestBoard Member
Jan CollinsBoard Member
John RayBoard Member
Laurie KirkegaardBoard Member
Robyn SpizmanBoard Member
Ross RossinBoard Member
W Ray PersonsBoard Member
Andrea Bain HarrisonSecretary
Bill HenaganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,004
Program Service Revenue
$0
Investment Income
$-992
Other Revenue
$0
All Other Contributions
$236,004
Change in Net Assets
$34,745

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$167,219Fair Market Value (FMV) at Sale
Total Noncash Contributions3$167,219-

Audited Revenue Reconciliation

Revenue per Audited Statements
$153,025
Revenue Not Reported on Financial Statements
$81,987
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$81,987
Total Revenue per Audited Statements
$153,025
Total Revenue per Form 990
$235,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$74,791
Grants and Similar Amounts Paid$70,945
Other Expenses$47,679
Total Fundraising Expense$24,191
Professional Fundraising Fees$6,852

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,500$22,291$15,000$74,791
Grants to Domestic Orgs$70,945--$70,945
Fees for Services Accounting$3,027$27,243-$30,270
Fees for Services Professional Fundraising--$6,852$6,852
Fees for Services Other-$5,539-$5,539
Occupancy$1,260$2,100$840$4,200
Advertising-$1,499$1,499$2,998
Office Expenses-$2,821-$2,821
Insurance-$1,851-$1,851
Total Functional Expenses$112,732$63,344$24,191$200,267

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$234,672
Expenses per Audited Statements$200,267
Total Expenses per Form 990$200,267
Expenses Not Reported on Form 990$34,405
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Atlanta Jewish Film FestivalMarietta, GA501(c)(3)Arts Education$25,000
Sandy Springs Charter Middle School FoundationAtlanta, GA501(c)(3)Arts Education$16,712
Djoli Kelen IncAtlanta, GA501(c)(3)Arts Education$13,895
North Springs Theater CommunitySandy Springs, GA-Art Education$8,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,852
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Maureen darcey, foundation manager, is compensated as an independent contractor.”

Form 990, Part VI, Section B, Line 11B

“A draft form 990 is provided electronically to the board for review with request for comments. Any updated form 990 is provided to the board with request for comment before filing.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy on an annual basis.”

Form 990, Part VI, Section B, Line 15

“The foundation manager was a contractor compensated under a written agreement.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, financial statements, and form 990 are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sandy Springs Arts Foundation Inc
EIN
46-1187688
Phone
6782223437
Address
10 GLENLAKE PKWY SUITE 130, SANDY SPRINGS, GA 30328

Signing Officer

Name
Meade Sutterfield
Title
Board Chair
Phone
6782223437
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meade Sutterfield
Formed
2012
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
10

Preparer

Firm
Carr Riggs & Ingram LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Stanley M Smith Ii
Phone
7703948000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net assets released from restrictions tax adjustment - donations -81,987. Prepaid expenses tax adjustment - grants paid in 2022 -34,405.”

FORM 990, PART XII, LINE 2C:

“The organization's finance and governance committee assumes responsibilty for oversight of the audit process.”

FORM 990, PART XI, LINE 8:

“Per financial statements: correction of accounting error the accompanying financial statements for 2021 have been corrected for a certain error. During the year ended december 31, 2021, the foundation recorded as expense that was previously expensed in 2019. Net assets at the beginning of 2022 have been adjusted for the expense recognized in error in prior year. The error resulted in an overstatement of expenses during the year ended december 31, 2021. Accordingly, the foundation restated its results for the year ended december 31, 2021. The effect of the restatement was to increase net assets by $75,000 for the year ended december 31, 2021.”

Financial Statement Notes

PART X, LINE 2:

“Under section 501(c)(3) of the internal revenue code, the foundation is exempt from taxes on income other than unrelated business income. The foundation had no unrelated business income for the years ended december 31, 2022 and 2021. The internal revenue service has determined that the foundation is not a private foundation as defined by section 509(a)(1) of the code. The foundation utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2022 and 2021, the foundation has no uncertain tax positions that qualify for recognition or disclosure in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Net assets released from restrictions tax adjustment - donations 81,987.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Prepaid expenses tax adjustment - grants paid in 2022 34,405.”

Raw XML AppendixShowing 400 of 488 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE ALL SANDY SPRINGS RESIDENTS WITH ACCESS TO LIFE-ENRICHING ARTS EXPERIENCES AND ARTS EDUCATIONAL OPPORTUNITIES. WE EXIST TO ENHANCE THE QUALITY OF LIFE FOR SANDY SPRINGS RESIDENTS BY PROVIDING FINANCIAL SUPPORT FOR COMPREHENSIVE PERFORMING ARTS EDUCATION AND OFFERING PERFORMANCES THAT ARE ACCESSIBLE TO ALL. WE DO THIS BY ENGAGING DONORS IN THE COMMUNITY; THOSE WHO WILL INVEST IN ARTS PROGRAMMING AND EDUCATION INITIATIVES AT THE NEW SANDY SPRINGS PERFORMING ARTS CENTER AND AROUND OUR CITY. THE FOUNDATION RAISES FUNDS TO PROVIDE GRANTS TO ORGANIZATIONS AND SCHOOLS THAT FULFILL OUR MISSION.
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IRS990/GrantAmt070945
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt070945
IRS990/GrantsToDomesticOrgsGrp/TotalAmt070945
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0159261
IRS990/GrossReceiptsAmt0402246
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01851
IRS990/InsuranceGrp/TotalAmt01851
IRS990/InvestmentIncomeGrp/ExclusionAmt06981
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06981
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0167234
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE ALL SANDY SPRINGS RESIDENTS WITH ACCESS TO LIFE-ENRICHING ARTS EXPERIENCES AND ARTS EDUCATIONAL OPPORTUNITIES. WE EXIST TO ENHANCE THE QUALITY OF LIFE FOR SANDY SPRINGS RESIDENTS BY PROVIDING FINANCIAL SUPPORT FOR COMPREHENSIVE PERFORMING ARTS EDUCATION AND OFFERING PERFORMANCES THAT ARE ACCESSIBLE TO ALL. WE DO THIS BY ENGAGING DONORS IN THE COMMUNITY; THOSE WHO WILL INVEST IN ARTS PROGRAMMING AND EDUCATION INITIATIVES AT THE NEW SANDY SPRINGS PERFORMING ARTS CENTER AND AROUND OUR CITY. THE FOUNDATION RAISES FUNDS TO PROVIDE GRANTS TO ORGANIZATIONS AND SCHOOLS THAT FULFILL OUR MISSION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01023942
IRS990/NetAssetsOrFundBalancesEOYAmt01017295
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-7973
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7973
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0167219
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0840
IRS990/OccupancyGrp/ManagementAndGeneralAmt02100
IRS990/OccupancyGrp/ProgramServicesAmt01260
IRS990/OccupancyGrp/TotalAmt04200
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02821
IRS990/OfficeExpensesGrp/TotalAmt02821
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-116392
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0413743
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0331755
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030324
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038895
IRS990/PrincipalOfficerNm0MEADE SUTTERFIELD
IRS990/PriorPeriodAdjustmentsAmt075000
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0556647
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0274750
IRS990/PYInvestmentIncomeAmt0-3552
IRS990/PYOtherExpensesAmt039016
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0165202
IRS990/PYSalariesCompEmpBnftPaidAmt069776
IRS990/PYTotalExpensesAmt0387893
IRS990/PYTotalProfFndrsngExpnsAmt04351
IRS990/PYTotalRevenueAmt0553095
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt034745
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01023942
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01017295
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0559721
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0613940
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0IN 2018, THE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD (ENDING) FROM JUNE 30 ENDING TO DECEMBER 31 ENDING, CREATING A SHORT-YEAR TAX RETURN FOR THE 2018 FISCAL YEAR. THE ORGANIZATION'S SUBSEQUENT ACCOUNTING PERIODS HAVE BEEN OR WILL BE FROM JANUARY 1 THROUGH DECEMBER 31.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0236004
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0556647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0498534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0524155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0498675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02314015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06981
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0127
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07108
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.18750
IRS990ScheduleA/PublicSupportPY170Pct00.37500
IRS990ScheduleA/PublicSupportTotal170Amt0435304
IRS990ScheduleA/SubstantialContributorsTotAmt01878711
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0236004
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0556647
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0498534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0524155
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0498675
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02314015
IRS990ScheduleA/TotalSupportAmt02321123
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt034405
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0200267
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt034405
IRS990ScheduleD/OtherRevenuesNotIncludedAmt081987
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt081987
IRS990ScheduleD/RevenueSubtotalAmt0153025
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE FOUNDATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A)(1) OF THE CODE. THE FOUNDATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET ASSETS RELEASED FROM RESTRICTIONS TAX ADJUSTMENT - DONATIONS 81,987.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES TAX ADJUSTMENT - GRANTS PAID IN 2022 34,405.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0200267
IRS990ScheduleD/TotalRevenuePerForm990Amt0235012
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0153025
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0234672
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt116712
IRS990ScheduleI/RecipientTable/CashGrantAmt213895
IRS990ScheduleI/RecipientTable/CashGrantAmt38250
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ARTS EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ARTS EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ARTS EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ART EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ATLANTA JEWISH FILM FESTIVAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SANDY SPRINGS CHARTER MIDDLE SCHOOL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DJOLI KELEN INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3NORTH SPRINGS THEATER COMMUNITY
IRS990ScheduleI/RecipientTable/RecipientEIN0471260411
IRS990ScheduleI/RecipientTable/RecipientEIN1263800793
IRS990ScheduleI/RecipientTable/RecipientEIN2813777879
IRS990ScheduleI/RecipientTable/RecipientEIN3888888888
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02244 NORTHWEST PARKWAY SE STE A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18750 PRIDE PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2107 GREYFIELD LN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt37447 ROSWELL ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MARIETTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SANDY SPRINGS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030067
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd130350
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd230350
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd330328
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS AND GRANTS COMMITTEE DETERMINES THE DISBURSEMENT OF GRANTS TO ORGANIZATIONS THAT WILL FULFILL THE MISSION OF THE FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV AT SALE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0167219
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAUREEN DARCEY, FOUNDATION MANAGER, IS COMPENSATED AS AN INDEPENDENT CONTRACTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT FORM 990 IS PROVIDED ELECTRONICALLY TO THE BOARD FOR REVIEW WITH REQUEST FOR COMMENTS. ANY UPDATED FORM 990 IS PROVIDED TO THE BOARD WITH REQUEST FOR COMMENT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION MANAGER WAS A CONTRACTOR COMPENSATED UNDER A WRITTEN AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NET ASSETS RELEASED FROM RESTRICTIONS TAX ADJUSTMENT - DONATIONS -81,987. PREPAID EXPENSES TAX ADJUSTMENT - GRANTS PAID IN 2022 -34,405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FINANCE AND GOVERNANCE COMMITTEE ASSUMES RESPONSIBILTY FOR OVERSIGHT OF THE AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PER FINANCIAL STATEMENTS: CORRECTION OF ACCOUNTING ERROR THE ACCOMPANYING FINANCIAL STATEMENTS FOR 2021 HAVE BEEN CORRECTED FOR A CERTAIN ERROR. DURING THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION RECORDED AS EXPENSE THAT WAS PREVIOUSLY EXPENSED IN 2019. NET ASSETS AT THE BEGINNING OF 2022 HAVE BEEN ADJUSTED FOR THE EXPENSE RECOGNIZED IN ERROR IN PRIOR YEAR. THE ERROR RESULTED IN AN OVERSTATEMENT OF EXPENSES DURING THE YEAR ENDED DECEMBER 31, 2021. ACCORDINGLY, THE FOUNDATION RESTATED ITS RESULTS FOR THE YEAR ENDED DECEMBER 31, 2021. THE EFFECT OF THE RESTATEMENT WAS TO INCREASE NET ASSETS BY $75,000 FOR THE YEAR ENDED DECEMBER 31, 2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19

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