Civic Intelligence

Asset Holdings Inc

EIN 58-2423324 • 501(c)3 • Atlanta, GA

Profile

To assemble and hold properties for development in order to revitalize neighborhoods in metro atlanta.

233 Peachtree Street NE 800Atlanta, GA 30303-1605

www.andpi.org

Siviq Scores

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

Liabilities / Assets

100th percentile

146.86x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

33.21x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

100th percentile

$481,445

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 459.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

11th percentile

-95%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Assets

Down

$23,696

Down $481,642 (-95%) from 2024

Liabilities

Down

$3,479,888

Down $586,438 (-14%) from 2024

Net Assets

Up

-$3,456,192

Up $104,796 (+2.9%) from 2024

Revenue

Up

$104,796

Up $104,796 from 2024

Expenses

Down

$0

Down $124,736 (-100%) from 2024

Net Income

Up

$104,796

Up $229,532 (+184%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $211,860Liabilities 2011: $1,079,272Net Assets 2011: -$867,4122011Assets 2012: $131,396Liabilities 2012: $1,087,499Net Assets 2012: -$956,1032012Assets 2013: $97,071Liabilities 2013: $990,523Net Assets 2013: -$893,4522013Assets 2014: $99,739Liabilities 2014: $993,191Net Assets 2014: -$893,4522014Assets 2015: $106,508Liabilities 2015: $999,960Net Assets 2015: -$893,4522015Assets 2016: $113,204Liabilities 2016: $1,006,656Net Assets 2016: -$893,4522016Assets 2017: $1,794,548Liabilities 2017: $5,264,702Net Assets 2017: -$3,470,1542017Assets 2018: $2,033,637Liabilities 2018: $5,503,791Net Assets 2018: -$3,470,1542018Assets 2019: $826,177Liabilities 2019: $4,296,331Net Assets 2019: -$3,470,1542019Assets 2020: $887,268Liabilities 2020: $4,357,422Net Assets 2020: -$3,470,1542020Assets 2021: $648,024Liabilities 2021: $4,167,106Net Assets 2021: -$3,519,0822021Assets 2022: $483,741Liabilities 2022: $3,919,993Net Assets 2022: -$3,436,2522022Assets 2023: $582,674Liabilities 2023: $4,018,926Net Assets 2023: -$3,436,2522023Assets 2024: $505,338Liabilities 2024: $4,066,326Net Assets 2024: -$3,560,9882024Assets 2025: $23,696Liabilities 2025: $3,479,888Net Assets 2025: -$3,456,1922025

Highlighted filing

2025

Assets$23,696
Liabilities$3,479,888
Net Assets-$3,456,192

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2011: $0Expenses 2011: $6,376Net Income 2011: -$6,3762011Revenue 2012: $0Expenses 2012: $88,691Net Income 2012: -$88,6912012Expenses 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: -$48,928Expenses 2021: $0Net Income 2021: -$48,9282021Revenue 2022: $82,830Expenses 2022: $0Net Income 2022: $82,8302022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $124,736Net Income 2024: -$124,7362024Revenue 2025: $104,796Expenses 2025: $0Net Income 2025: $104,7962025

Highlighted filing

2025

Revenue$104,796
Expenses$0
Net Income$104,796

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.02$3.48$3.46$0.10$0.00$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.51$4.07$3.56$0.00$0.12$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.58$4.02$3.44$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.48$3.92$3.44$0.08$0.00$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.65$4.17$3.52$0.05$0.00$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.89$4.36$3.47$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.83$4.30$3.47$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.03$5.50$3.47$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.79$5.26$3.47$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.11$1.01$0.89$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.11$1.00$0.89$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.99$0.89$0.00$0.00$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.99$0.89$0.00
2012Summary only. Only limited summary data is available for this year.$0.13$1.09$0.96$0.00$0.09$0.09
2011Summary only. Only limited summary data is available for this year.$0.21$1.08$0.87$0.00$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 20, 2026
Return Version
2024v5.5
Gross Receipts
$104,796
Mission and Program Overview

Mission

To assemble and hold properties for development in order to revitalize neighborhoods in metro atlanta.

To assemble and hold properties for development in order to revitalize neighborhoods in atlanta.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total$505,338$23,696▼ $481,642
Total Assets$505,338$23,696▼ $481,642
Liabilities
Other Liabilities$3,979,872$3,393,434▼ $586,438
Deferred Revenue$86,454$86,454→ $0
Total Liabilities$4,066,326$3,479,888▼ $586,438
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,560,988$-3,456,192▲ $104,796
Total Net Assets Fund Balance$-3,560,988$-3,456,192▲ $104,796
Total Liabilities and Net Assets / Fund Balance$505,338$23,696▼ $481,642

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$23,696--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN O'CALLAGHANCEO/directorFT$362,495$118,950$481,445
Agnes CasimirCFO/directorFT$203,671$78,091$281,762
Susan AdamsDirectorFT$181,637$81,527$263,164
ASHANI O'MARDDirectorFT$190,823$53,038$243,861
Jason PerlmutterDirectorFT$156,395$52,643$209,038
Salisha EvansDirectorFT$150,000$58,798$208,798
Sara HaasDirectorFT$155,925$46,884$202,809
George S BurganDirectorFT$124,490$52,678$177,168
Cecilia LealDirectorFT$105,352$53,553$158,905

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$104,796
Other Revenue
$0
Change in Net Assets
$104,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Andp$3,393,434
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Copies of the form 990 are presented to the executive committee for their review with the cfo.

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

Management provides employees and board members with a questionnaire regarding conflicts of interest. The questionnaire is updated annually.

Form 990, Part VI, Section B, Line 15

Compensation ranges for the current ceo were established prior to his hiring in 2006 as part of an extensive search process which utilized the services of an executive search firm specializing in non-profit placements. The firm advised the search committee on appropriate compensation ranges based on industry comparisons. Annual performance reviews for the ceo are conducted by the board's compensation committee which includes the board chair, treasurer and the past board chair or current vice chair. The compensation committee establishes annual performance goals for the ceo and measures annual performance against these goals. Goals are largely based on the board approved annual plan. The compensation committee additionally evaluates market comparisons for ceos of similar non-profit organizations doing comparable work at a minimum of every three years and conducts third party market studies as part of this evaluation. The compensation committee evaluates total compensation including base salary, bonus (if any), along with insurance and retirement contributions as part of its market evaluation. The board establishes a budget average for annual performance based raises for all employees. The compensation committee may provide the ceo an annual performance based bonus and/or performance based annual salary increase annually but is not required to do so. The committee may also consider and implement market based changes in the ceo's compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available to the public upon request. Other governing and organizational documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Asset Holdings Inc
EIN
58-2423324
Phone
4045222637
Address
233 PEACHTREE STREET NE 800, ATLANTA, GA 30303-1605

Signing Officer

Name
Agnes Casimir
Title
CFO
Phone
4045222637
Signed
2026-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JOHN O'CALLAGHAN
Formed
1998
Legal Domicile
Ga
Voting Board Members
25
Independent Board Members
23
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Advisory LLC
Address
3560 LENOX ROAD NE SUITE 2900, ATLANTA, GA 30326
Preparer
Andrew P Smith
Phone
4048479447
Supplemental Narrative

Additional Explanations

PART XI #2B

This entity was audited as part of a consolidated audit for atlanta neighborhood development partnership, inc (andp). The consolidated financial statements included the accounts for andp, andp misty amber senior housing inc, andp holdings inc, asset holdings inc, community redevelopment loan and investment fund inc, andp homes llc, andp delowe village llc, andp providence parkway gp, llc, andp stanton crest, llc, andp huntington court, llc, andp creekside at adamsville place, llc, misty amber lp, chp-misty llc, huntington court partners llc, andp misty amber martin house, llc, andp sylvan hills gp, llc, andp development fund inc., andp arden family i gp, llc, preservation station, llc, maar fund 1, llc, andp sylvan hills ii llc, and goatlandp affordable housing, llc.

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