Civic Intelligence

Atlanta Technology Angels Inc

EIN 58-2531944 • 501(c)6 • Atlanta, GA

Profile

Atlanta technology angels is a charitable organization supporting the entrepreneurial ecosystem of atlanta and georgia/southeast. Ata showcases early stage companies, provides investment opportunities, and educates investors and entrepreneurs.

1270 Caroline StAtlanta, GA 30307

www.angelatlanta.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

22nd percentile

-20%

Higher net margin than 22% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

18th percentile

-31%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-6.1%

Faster revenue growth than 37% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$39,185

Down $17,224 (-31%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$39,185

Down $17,224 (-31%) from 2023

Revenue

Down

$86,840

Down $5,660 (-6.1%) from 2023

Expenses

Down

$104,065

Down $17,441 (-14%) from 2023

Net Income

Up

-$17,225

Up $11,781 (+41%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $334,345Liabilities 2012: $0Net Assets 2012: $334,3452012Assets 2013: $370,862Liabilities 2013: $3,571Net Assets 2013: $367,2912013Assets 2014: $319,074Liabilities 2014: $1,058Net Assets 2014: $318,0162014Assets 2015: $300,431Liabilities 2015: $2,773Net Assets 2015: $297,6582015Assets 2016: $303,479Liabilities 2016: $13,327Net Assets 2016: $290,1522016Assets 2017: $61,647Liabilities 2017: $4242017Assets 2018: $99,907Liabilities 2018: $162Net Assets 2018: $99,7452018Assets 2019: $47,335Liabilities 2019: $180Net Assets 2019: $47,1552019Assets 2020: $71,810Liabilities 2020: $3,817Net Assets 2020: $67,9932020Assets 2021: $89,865Liabilities 2021: $0Net Assets 2021: $89,8652021Assets 2022: $85,415Net Assets 2022: $85,4152022Assets 2023: $56,409Net Assets 2023: $56,4092023Assets 2024: $39,185Net Assets 2024: $39,1852024

Highlighted filing

2024

Assets$39,185
Liabilities-
Net Assets$39,185

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2012: $440,530Expenses 2012: $142,322Net Income 2012: $298,2082012Revenue 2013: $272,501Expenses 2013: $239,557Net Income 2013: $32,9442013Revenue 2014: $211,399Expenses 2014: $260,674Net Income 2014: -$49,2752014Revenue 2015: $256,743Expenses 2015: $219,601Net Income 2015: $37,1422015Revenue 2016: $197,514Expenses 2016: $205,020Net Income 2016: -$7,5062016Revenue 2017: $24,293Expenses 2017: $253,222Net Income 2017: -$228,9292017Revenue 2018: $146,470Expenses 2018: $107,948Net Income 2018: $38,5222018Revenue 2019: $26,795Expenses 2019: $79,385Net Income 2019: -$52,5902019Revenue 2020: $87,985Expenses 2020: $67,147Net Income 2020: $20,8382020Revenue 2021: $111,900Expenses 2021: $90,028Net Income 2021: $21,8722021Revenue 2022: $101,900Expenses 2022: $106,350Net Income 2022: -$4,4502022Revenue 2023: $92,500Expenses 2023: $121,506Net Income 2023: -$29,0062023Revenue 2024: $86,840Expenses 2024: $104,065Net Income 2024: -$17,2252024

Highlighted filing

2024

Revenue$86,840
Expenses$104,065
Net Income-$17,225

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 27, 2025
Return Version
2024v5.0
Gross Receipts
$86,840
Mission and Program Overview

Mission

Atlanta Technology Angels is a charitable organization supporting the entrepreneurial ecosystem of Atlanta and Georgia/Southeast. ATA showcases early stage companies, provides investment opportunities and educates investors and entrepreneurs.

Atlanta technology angels is a charitable organization supporting the entrepreneurial ecosystem of atlanta and georgia/southeast. Ata showcases early stage companies, provides investment opportunities, and educates investors and entrepreneurs.

Program Services

DescriptionGrantsExpenses
MONTHLY MEMBER MEETINGS-CONDUCTED 11 MONTHS OUT OF THE YEAR TO SHOWCASE PROSPECTIVE INVESTMENTS TO ATA MEMBERS. AT EACH MEMBER MEETING, THERE IS AN EDUCATION COMPONENT IN ADDITION TO PROSPECTIVE COMPANIES PITCHING TO THE BROADER ATA MEMBERSHIP. OPERATIONAL AND DEAL FLOW UPDATES ARE GIVEN AT THIS TIME. NETWORKING FOR ACCREDITED ANGEL INVESTORS AND COMPANIES.--
MONTHLY SCREENING MEETINGS-IN AN EFFORT TO SHOWCASE ATLANTA AND GEORGIA/SOUTHEAST COMPANIES AT THE MONTHLY MEMBER MEETINGS, SCREENING MEETINGS TAKE PLACE FOR GENERAL TECHNOLOGY AND LIFE SCIENCE COMPANIES. MEMBERS GATHER TO PROVIDE FEEDBACK AND COACHING REGARDING INVESTMENTS TO STARTUP COMPANIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN LUSTIGPresident, CPT$0--
NEAL PATELBoard MemberPT$0--
JAY SHAFFERVice PresidePT$0--
GREG MORTZBoard MemberPT$0--
SUNIL GHATNEKARBoard MemberPT$0--
CHRIS EVERESTSecretaryPT$0--
ELIZABETH WOODSTOCKBoard MemberPT$0--
MATTHEW MAYTreasurerPT$0--
JESSE BOCKSTEDTBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Atlanta Technology Angels Inc
EIN
58-2531944
Phone
7708863829
Address
1270 CAROLINE ST, ATLANTA, GA 30307

Signing Officer

Name
Matthew May
Title
Treasurer
Phone
4045454430
Signed
2025-05-27
Discuss with paid preparer
Yes

Preparer

Firm
Burns & Herring LLC
Address
303 JESSE JEWELL PARKWAY SE STE 30, GAINESVILLE, GA 30501
Preparer
Julia V Amendola
Phone
7705368204
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses meeting expenses 31,038 office supplies 101 telecommunications 955 sponsorships 4,000 dues & memberships 1,200 office/general administra 1,028 payment processing fees 2,731 corporate registration 1,540 bank charges 585 software license 1,428 website 1,277 miscellaneous 59 total 45,942

Form 990-ez, Part II, Line 24

Other assets 3,205 1,500 total 3,205 1,500

Form 990-ez, Part III

Atlanta technology angels is a charitable organization supporting the entrepreneurial ecosystem of atlanta and georgia/southeast. Ata showcases early stage companies, provides investment opportunities, and educates investors and entrepreneurs.

Form 990-ez, Part III, Line 28

Monthly member meetings-conducted 11 months out of the year to showcase prospective investments to ata members. At each member meeting, there is an education component in addition to prospective companies pitching to the broader ata membership. Operational and deal flow updates are given at this time. Networking for accredited angel investors and companies.

Form 990-ez, Part III, Line 29

Monthly screening meetings-in an effort to showcase atlanta and georgia/southeast companies at the monthly member meetings, screening meetings take place for general technology and life science companies. Members gather to provide feedback and coaching regarding investments to startup companies.

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

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Document Assets

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