Civic Intelligence

Fulton Education Foundation Inc.

990 • Fiscal year 2022 • EIN 58-1680963

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 10, 2022

2870 Peachtree Rd NW 187Atlanta, GA 30305

(470) 254-6772

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

53rd percentile

6.3%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

99th percentile

$137,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 35.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

56th percentile

5.2%

Faster asset growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

78%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$495,916

Up $24,599 (+5.2%) from 2021

Net Assets

Up

$495,916

Up $24,599 (+5.2%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$390,803

Up $171,799 (+78%) from 2021

Expenses

Up

$366,204

Up $26,343 (+7.8%) from 2021

Net Income

Up

$24,599

Up $145,456 (+120%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $209,499Liabilities 2011: $2,229Net Assets 2011: $207,2702011Assets 2012: $254,724Liabilities 2012: $0Net Assets 2012: $254,7242012Assets 2013: $333,312Liabilities 2013: $8,485Net Assets 2013: $324,8272013Assets 2014: $431,972Liabilities 2014: $13,991Net Assets 2014: $417,9812014Assets 2015: $599,462Liabilities 2015: $169,642Net Assets 2015: $429,8202015Assets 2016: $682,027Liabilities 2016: $10,000Net Assets 2016: $672,0272016Assets 2017: $739,200Liabilities 2017: $662Net Assets 2017: $738,5382017Assets 2018: $677,932Liabilities 2018: $38,729Net Assets 2018: $639,2032018Assets 2019: $510,190Liabilities 2019: $1,282Net Assets 2019: $508,9082019Assets 2020: $625,474Liabilities 2020: $20,800Net Assets 2020: $604,6742020Assets 2021: $471,317Liabilities 2021: $0Net Assets 2021: $471,3172021Assets 2022: $495,916Liabilities 2022: $0Net Assets 2022: $495,9162022Assets 2023: $389,123Liabilities 2023: $0Net Assets 2023: $389,1232023Assets 2024: $2,291,848Liabilities 2024: $35,797Net Assets 2024: $2,256,0512024Assets 2025: $4,096,609Liabilities 2025: $797,456Net Assets 2025: $3,299,1532025

Highlighted filing

2022

Assets$495,916
Liabilities$0
Net Assets$495,916

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $267,674Expenses 2011: $237,320Net Income 2011: $30,3542011Revenue 2012: $448,931Expenses 2012: $401,477Net Income 2012: $47,4542012Revenue 2013: $426,419Expenses 2013: $356,316Net Income 2013: $70,1032013Revenue 2014: $189,848Expenses 2014: $96,694Net Income 2014: $93,1542014Revenue 2015: $130,166Expenses 2015: $118,327Net Income 2015: $11,8392015Revenue 2016: $399,531Expenses 2016: $157,324Net Income 2016: $242,2072016Revenue 2017: $308,646Expenses 2017: $242,135Net Income 2017: $66,5112017Revenue 2018: $111,159Expenses 2018: $210,494Net Income 2018: -$99,3352018Revenue 2019: $93,511Expenses 2019: $223,806Net Income 2019: -$130,2952019Revenue 2020: $568,445Expenses 2020: $445,862Net Income 2020: $122,5832020Revenue 2021: $219,004Expenses 2021: $339,861Net Income 2021: -$120,8572021Revenue 2022: $390,803Expenses 2022: $366,204Net Income 2022: $24,5992022Revenue 2023: $366,385Expenses 2023: $477,078Net Income 2023: -$110,6932023Revenue 2024: $2,365,383Expenses 2024: $496,455Net Income 2024: $1,868,9282024Revenue 2025: $4,296,731Expenses 2025: $3,205,797Net Income 2025: $1,090,9342025

Highlighted filing

2022

Revenue$390,803
Expenses$366,204
Net Income$24,599
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$390,803
Mission and Program Overview

Mission

Fulton education foundation's mission is to engage all of fulton county in a positive partnership that enhances opportunities and educational outcomes for our school-aged children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$471,317$495,916▲ $24,599
Total Assets$471,317$495,916▲ $24,599
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$182,587$274,197▲ $91,610
Net Assets Without Donor Restrictions$288,730$221,719▼ $67,011
Total Net Assets Fund Balance$471,317$495,916▲ $24,599
Total Liabilities and Net Assets / Fund Balance$471,317$495,916▲ $24,599
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Graham HuffPresident & CEOFT$137,000$137,000
Revenue and Support

Revenue Composition

Contributions and Grants
$390,739
Program Service Revenue
$0
Investment Income
$64
Other Revenue
$0
All Other Contributions
$215,739
Change in Net Assets
$24,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$151,779
Grants and Similar Amounts Paid$127,869
Other Expenses$86,556
Total Fundraising Expense$15,690
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$102,750$21,920$12,330$137,000
Grants to Domestic Individuals$98,726--$98,726
Fees for Services Other$66,487--$66,487
Grants to Domestic Orgs$29,143--$29,143
Payroll Taxes$12,119$1,330$1,330$14,779
Fees for Services Management-$4,571-$4,571
Occupancy$3,150$700$350$4,200
Office Expenses$2,536$329$440$3,305
Fees for Services Accounting-$3,197-$3,197
Information Technology$1,356$1,343$328$3,027
Conferences and Meetings$4$409$145$558
Travel$236$110$65$411
Other Expenses-$30$702$30
Total Functional Expenses$316,507$34,007$15,690$366,204
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Reach Georgia Foundation IncTucker, GA501(c)(3)Education$24,000
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
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
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
No

Governance Explanations

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

The form 990 is reviewed by all board members before filing.

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

Annually a letter is sent to all board members asking members to disclose any conflicts of interest.

Form 990, Part VI, Section B, Line 15

The fulton education foundation board executive committee determines the executive director and president & ceo's salaries.

Form 990, Part VI, Section C, Line 19

Documents are available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Fulton Education Foundation Inc
EIN
58-1680963
Phone
4702546772
Address
2870 PEACHTREE RD NW 187, ATLANTA, GA 30305

Signing Officer

Name
Graham Huff
Title
President and CEO
Phone
4702546772
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Graham Huff
Formed
1986
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
75

Preparer

Firm
Jones and Kolb
Address
3475 PIEDMONT ROAD NE SUITE 1500, ATLANTA, GA 30305
Preparer
Jordan H Jones
Phone
4042627920
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services : program service expenses 66,487. Management and general expenses 0. Fundraising expenses 0. Total expenses 66,487.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt024599
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0471317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0495916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0390739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0214073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0571185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0182220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0327406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01685623
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0808
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt026812
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt053136
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010397
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt054925
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0145270
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77540
IRS990ScheduleA/PublicSupportPY170Pct00.76350
IRS990ScheduleA/PublicSupportTotal170Amt01420231
IRS990ScheduleA/SubstantialContributorsTotAmt0265392
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0390739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0214073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0571185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0182220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0327406
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01685623
IRS990ScheduleA/TotalSupportAmt01831701
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt098726
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HOUSING ASSISTANCE, FOOD SECURITY, AND VISION PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0425
IRS990ScheduleI/RecipientTable/CashGrantAmt024000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REACH GEORGIA FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0473727250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02082 E EXCHANGE PL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TUCKER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030084
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOARD APPROVAL IS REQUIRED FOR ALL GRANTS MADE. PERIODIC REPORTS ARE RECEIVED VERIFYING THE APPROPRIATE USE OF PROVIDED FUNDS AND RESULTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY ALL BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY A LETTER IS SENT TO ALL BOARD MEMBERS ASKING MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FULTON EDUCATION FOUNDATION BOARD EXECUTIVE COMMITTEE DETERMINES THE EXECUTIVE DIRECTOR AND PRESIDENT & CEO'S SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT SERVICES : PROGRAM SERVICE EXPENSES 66,487. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,487.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0471317
IRS990/TotalAssetsEOYAmt0495916
IRS990/TotalAssetsGrp/BOYAmt0471317
IRS990/TotalAssetsGrp/EOYAmt0495916
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0390739
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015690
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0316507
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366204
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0471317
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0495916
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0316507
IRS990/TotalReportableCompFromOrgAmt0137000
IRS990/TotalRevenueGrp/ExclusionAmt064
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0390803
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0471317
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0495916
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt065
IRS990/TravelGrp/ManagementAndGeneralAmt0110
IRS990/TravelGrp/ProgramServicesAmt0236
IRS990/TravelGrp/TotalAmt0411
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02870 PEACHTREE RD NW 187
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030305
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.10$0.80$3.30$4.30$3.21$1.09
2024Detailed filing. Detailed filing data is available for this year.$2.29$0.04$2.26$2.37$0.50$1.87
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.37$0.48$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.39$0.37$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.22$0.34$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.02$0.60$0.57$0.45$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.09$0.22$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.04$0.64$0.11$0.21$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.31$0.24$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.67$0.40$0.16$0.24
2015Summary only. Only limited summary data is available for this year.$0.60$0.17$0.43$0.13$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.43$0.01$0.42$0.19$0.10$0.09
2013Summary only. Only limited summary data is available for this year.$0.33$0.01$0.32$0.43$0.36$0.07
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$0.45$0.40$0.05
2011Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.27$0.24$0.03