Liabilities / Assets
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
32nd percentile
Higher top officer pay than 32% of similar nonprofits.
Top officer pay equals 35.3% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Up$18,425,847
Up $726,467 (+4.1%) from 2020
Net Assets
Up$18,425,847
Up $751,768 (+4.3%) from 2020
Liabilities
Down$0
Down $25,301 (-100%) from 2020
Revenue
Up$353,334
Up $88,997 (+34%) from 2020
Expenses
Down$620,692
Down $553,100 (-47%) from 2020
Net Income
Up-$267,358
Up $642,097 (+71%) from 2020
To carry out the purposes of the community foundation for greater atlanta, inc.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $10,068,973 | $10,295,410 | ▲ $226,437 |
| Investments Other Securities | $6,617,716 | $7,113,083 | ▲ $495,367 |
| Total Assets | $17,699,380 | $18,425,847 | ▲ $726,467 |
| Other Assets Total | $1,012,691 | $1,017,354 | ▲ $4,663 |
| Liabilities | |||
| Grants Payable | $25,301 | $0 | ▼ $25,301 |
| Total Liabilities | $25,301 | $0 | ▼ $25,301 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $17,674,079 | $18,425,847 | ▲ $751,768 |
| Total Net Assets Fund Balance | $17,674,079 | $18,425,847 | ▲ $751,768 |
| Total Liabilities and Net Assets / Fund Balance | $17,699,380 | $18,425,847 | ▲ $726,467 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $1,017,354 | - | - |
| Other Securities | $3,033,596 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Barrett Coker Krise | Director | $124,845 | $124,845 |
| Sidney Wise | Director | $68,215 | $68,215 |
| Name | Title |
|---|---|
| Millard Choate | President |
| Robert Kennedy | Director |
| Susan Choate | Director |
| Alex Hertz | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $490,000 |
| Other Expenses | $130,692 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $490,000 | - | - | $490,000 |
| Fees for Service Investment Mgmnt Fees | - | $50,000 | - | $50,000 |
| Fees for Services Management | - | $41,763 | - | $41,763 |
| Other Expenses | - | $26,117 | - | $26,117 |
| Fees for Services Other | - | $10,000 | - | $10,000 |
| Fees for Services Accounting | - | $1,667 | - | $1,667 |
| Office Expenses | - | $1,145 | - | $1,145 |
| Total Functional Expenses | $490,000 | $130,692 | $0 | $620,692 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $620,692 |
| Total Expenses per Audited Statements | $620,692 |
| Total Expenses per Form 990 | $620,692 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Community Foundation for Greater Atlanta | Atlanta, GA | 501 (c)(3) | Program Support | $490,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Millard and susan choate have a family relationship.”
“The organization delegated management duties to the community foundation for greater atlanta, inc.”
“The draft version of form 990 is reviewed by the entire board for comment and question prior to filing.”
“AVAILABLE UPON REQUEST.”
“Change in value of csv 87,582.”
“The prior year auditors continued to provide auditing services for the current year. There have been no changes to the audit or financial statement oversight process.”
“The fund is exempt from federal income tax under sections 501(c)(3) and 509(a)(3) of the irc. The fund qualifies as an exempt public foundation. The fund follows fasb's guidance for accounting for uncertainty in income tax (asc 740, accounting for uncertainty in income taxes), which creates a single model to address uncertain tax positions and clarifies the accounting for income taxes by prescribing a "more likely than not" minimum recognition threshold that a tax position is required to meet before being recognized in the financial statements. Under the requirements, tax-exempt organizations may be required to record an obligation as the result of a tax position they have historically taken on various tax exposure items. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to the fund's tax-exempt status would not have a material effect on the fund's financial statements. At december 31, 2021 and 2020, no liabilities were recorded for uncertain tax positions.”
“Change in value of csv 87,582.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BERMAN CAPITAL ADVISORS LLC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6788921200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3475 LENOX ROAD SUITE 760 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
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| IRS990/Desc | 0 | ROI FUND MADE GRANTS TO PUBLIC CHARITIES SUPPORTED BY THE COMMUNITY FOUNDATION. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MILLARD CHOATE |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROBERT KENNEDY |
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| IRS990/FormationYr | 0 | 2015 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 490000 |
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| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
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| IRS990/GrantsToOrganizationsInd | 0 | 1 |
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| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
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| IRS990/IndoorTanningServicesInd | 0 | 0 |
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| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 4188 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
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| IRS990/MissionDesc | 0 | TO CARRY OUT THE PURPOSES OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA, INC. |
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| IRS990/OtherExpensesGrp/Desc | 0 | TAXES |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTIONS 501(C)(3) AND 509(A)(3) OF THE IRC. THE FUND QUALIFIES AS AN EXEMPT PUBLIC FOUNDATION. THE FUND FOLLOWS FASB'S GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAX (ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAIN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A "MORE LIKELY THAN NOT" MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. UNDER THE REQUIREMENTS, TAX-EXEMPT ORGANIZATIONS MAY BE REQUIRED TO RECORD AN OBLIGATION AS THE RESULT OF A TAX POSITION THEY HAVE HISTORICALLY TAKEN ON VARIOUS TAX EXPOSURE ITEMS. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FUND'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE FUND'S FINANCIAL STATEMENTS. AT DECEMBER 31, 2021 AND 2020, NO LIABILITIES WERE RECORDED FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | CHANGE IN VALUE OF CSV 87,582. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 620692 |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501 (C)(3) |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
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| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 191 PEACHTREE STREET SUITE 1000 |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MILLARD AND SUSAN CHOATE HAVE A FAMILY RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO THE COMMUNITY FOUNDATION FOR GREATER ATLANTA, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE DRAFT VERSION OF FORM 990 IS REVIEWED BY THE ENTIRE BOARD FOR COMMENT AND QUESTION PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CHANGE IN VALUE OF CSV 87,582. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PRIOR YEAR AUDITORS CONTINUED TO PROVIDE AUDITING SERVICES FOR THE CURRENT YEAR. THERE HAVE BEEN NO CHANGES TO THE AUDIT OR FINANCIAL STATEMENT OVERSIGHT PROCESS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990 PART XII LINE 2C |
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| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/USAddress/ZIPCd | 0 | 30350 |
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| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALEX HERTZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6788921200 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROIF |
| ReturnHeader/Filer/EIN | 0 | 475538183 |
| ReturnHeader/Filer/PhoneNum | 0 | 6788921200 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8200 ROBERTS DRIVE 215 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30350 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 580692043 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MAULDIN & JENKINS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 200 GALLERIA PKWY SE STE 1700 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 303395946 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7709558600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-15 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.