Civic Intelligence

The Investors Academy Inc

EIN 82-2621762 • 501(c)3 • Atlanta, GA

Profile

The investors academy is dedicated to empowering marginalized individuals and families in metro atlanta by providing essential resources and support. We serve homeless veterans, the hungry, unemployed individuals, persons with disabilities, those living with (continued on pg 28)

122 Howell Dr SWAtlanta, GA 30331

www.theinvestorsacademy.org

Siviq Scores

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

Liabilities / Assets

97th percentile

4.28x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.09x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-38%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$36,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-84%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-67%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$62,612

Down $327,544 (-84%) from 2023

Liabilities

Up

$267,835

Up $39,785 (+17%) from 2023

Net Assets

Down

-$205,223

Down $367,329 (-227%) from 2023

Revenue

Down

$245,033

Down $487,467 (-67%) from 2023

Expenses

Up

$338,638

Up $77,560 (+30%) from 2023

Net Income

Down

-$93,605

Down $565,027 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2020: $1,316Liabilities 2020: $0Net Assets 2020: $1,3162020Assets 2021: $46,340Liabilities 2021: $84,000Net Assets 2021: -$37,6602021Assets 2022: $110,321Liabilities 2022: $9,044Net Assets 2022: $101,2772022Assets 2023: $390,156Liabilities 2023: $228,050Net Assets 2023: $162,1062023Assets 2024: $62,612Liabilities 2024: $267,835Net Assets 2024: -$205,2232024

Highlighted filing

2024

Assets$62,612
Liabilities$267,835
Net Assets-$205,223

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $37,165Expenses 2018: $37,165Net Income 2018: $02018Revenue 2020: $129,076Expenses 2020: $127,760Net Income 2020: $1,3162020Revenue 2021: $96,000Expenses 2021: $134,976Net Income 2021: -$38,9762021Revenue 2022: $150,670Expenses 2022: $186,879Net Income 2022: -$36,2092022Revenue 2023: $732,500Expenses 2023: $261,078Net Income 2023: $471,4222023Revenue 2024: $245,033Expenses 2024: $338,638Net Income 2024: -$93,6052024

Highlighted filing

2024

Revenue$245,033
Expenses$338,638
Net Income-$93,605

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Mar 3, 2025
Return Version
2023v6.0
Gross Receipts
$245,033
Mission and Program Overview

Mission

REFER TO STATEMENT NO 1

The investors academy is dedicated to empowering marginalized individuals and families in metro atlanta by providing essential resources and support. We serve homeless veterans, the hungry, unemployed individuals, persons with disabilities, those living with (continued on pg 28)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$390,156$52,612▼ $337,544
Land, Buildings, and Equipment, Net-$10,000-
Total Assets$390,156$62,612▼ $327,544
Liabilities
Other Liabilities$228,050$266,673▲ $38,623
Accounts Payable and Accrued Expenses-$1,162-
Total Liabilities$228,050$267,835▲ $39,785
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$162,106$-205,223▼ $367,329
Total Net Assets Fund Balance$162,106$-205,223▼ $367,329
Total Liabilities and Net Assets / Fund Balance$390,156$62,612▼ $327,544

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,000$2,500$12,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Montra MckenzieCeoexecutive DirectorFT$36,000$36,000

Board Members and Trustees

NameTitle
Anyea AndersonBoard Member
Daniel M ChapmanBoard Member
Darrin CookBoard Member
Marsheia SmithBoard Member
Natalia SlowleySecretary
John L MckenzieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$147,978
Program Service Revenue
$97,055
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,264
Change in Net Assets
$-93,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,236
Salaries, Compensation, and Employee Benefits$50,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$136,759$349-$137,108
Current Officers, Directors, Trustees, and Key Employees$36,000--$36,000
Fees for Services Other$27,698--$27,698
All Other Expenses$16,105$9,528-$25,633
Interest-$21,184-$21,184
Travel$15,950--$15,950
Fees for Services Management$14,000--$14,000
Insurance-$12,989-$12,989
Other Salaries and Wages$10,090--$10,090
Payroll Taxes$4,312--$4,312
Fees for Services Accounting-$4,000-$4,000
Depreciation Depletion$2,500--$2,500
Other Expenses$1,168--$1,168
Fees for Services Legal-$1,072-$1,072
Advertising-$605-$605
Office Expenses-$450-$450
Total Functional Expenses$288,461$50,177$0$338,638
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
Sba Loan$257,750
Credit Card$8,923
Governance and Compliance

Governance Checklist

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

Governance Explanations

Officer directors etc family relationship Part VI line 2

The executive directors father, john l. Mckenzie, is also the treasurer of the board. His selection was based on the technical expertise afforded to the board and not solely based on the relationship with the executive director.

Form 990 governing body review Part VI line 11

The 990 is reviewed by the board of directors prior to the electronic transmittal to the irs.

Conflict of interest policy compliance Part VI line 12C

It is the investors academy inc policy that employees and others acting on the companys behalf must be free from conflicts of interest that could adversely influence their judgment, objectivity or loyalty to the organization in conducting business activities and assignments. In connection with any actual or possible conflicts of interest, an interested party must disclose the existence of the financial interest and must be given the opportunity to disclose all material facts to the board. After disclosure of the financial interest and all material facts, the individual shall leave the board meeting while the determination is discussed and voted on. The remaining board members shall determine if a conflict of interest exist. If a conflict of interest exist, the board will determine and document the appropriate resolution.

Governing documents etc available to public Part VI line 19

All governing documents are available for review upon scheduling an appointment with a member of the board of directors. Governing documents are also made available on the companys website.

Filing and Contact Details

Filer

Filer Name
The Investors Academy Inc
EIN
82-2621762
Address
122 HOWELL DR SW, ATLANTA, GA 30331

Signing Officer

Name
Montra Mckenzie
Title
Ceoexecutive D
Phone
4705997956
Signed
2025-03-03
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
1
Employees
5
Volunteers
21

Preparer

Firm
Accounting & Tax Advisory Group Pc
Address
555 N POINT CTR E STE 400, ALPHARETTA, GA 30022
Preparer
Riolene J Ibok
Phone
7705586338
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Change in net assets is the result of correction to prior periods opening balance.

List of other fees for services expenses Part IX line 11G

Refer to the overflow page.

List of other expenses Part IX line 24E

Refer to the investors academy inc overflow statements.

General explanation attachment

Mission statements (continued from page 1)chronic ailments/hiv/aids, and ex-offenders reentering society. Through our comprehensive outreach programs, we strive to foster self-sufficiency, create opportunities, and uplift communities by addressing critical needs with dignity and compassion.

Raw XML Appendix395 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01162
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE INVESTORS ACADEMY IS DEDICATED TO EMPOWERING MARGINALIZED INDIVIDUALS AND FAMILIES IN METRO ATLANTA BY PROVIDING ESSENTIAL RESOURCES AND SUPPORT. WE SERVE HOMELESS VETERANS, THE HUNGRY, UNEMPLOYED INDIVIDUALS, PERSONS WITH DISABILITIES, THOSE LIVING WITH (CONTINUED ON PG 28)
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0605
IRS990/AdvertisingGrp/TotalAmt0605
IRS990/AllOtherContributionsAmt01264
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09528
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016105
IRS990/AllOtherExpensesGrp/TotalAmt025633
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MONTRA MCKENZIE
IRS990/BooksInCareOfDetail/PhoneNum08009902301
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0122 HOWELL DR SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030331
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0390156
IRS990/CashNonInterestBearingGrp/EOYAmt052612
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt036000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt036000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0147978
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0288236
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt097055
IRS990/CYRevenuesLessExpensesAmt0-93605
IRS990/CYSalariesCompEmpBnftPaidAmt050402
IRS990/CYTotalExpensesAmt0338638
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0245033
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02500
IRS990/DepreciationDepletionGrp/TotalAmt02500
IRS990/Desc0OUR PAID JOB READINESS PROGRAM IS DESIGNED TO EQUIP HOMELESS AND UNEMPLOYED VETERANS AND RETURNING CITIZENS WITH THE ESSENTIAL SKILLS NEEDED FOR MEANINGFUL EMPLOYMENT. PARTICIPANTS RECEIVE HANDS-ON TRAINING IN WAREHOUSING, INCLUDING PALLET JACK OPERATION, FORKLIFT CERTIFICATION, WAREHOUSE SAFETY PROTOCOLS, AND OSHA 10/30 TRAINING.BEYOND TECHNICAL SKILLS, THE PROGRAM PROVIDES FINANCIAL LITERACY EDUCATION, COVERING CREDIT MANAGEMENT, SAVINGS STRATEGIES, AND BUDGETING, AS WELL AS LIFE SKILLS TRAINING, CAREER MENTORSHIP, COUNSELING, AND GUIDANCE. UPON COMPLETION, PARTICIPANTS EARN INDUSTRY-RECOGNIZED CERTIFICATIONS AND GAIN ACCESS TO JOB PLACEMENT OPPORTUNITIES THROUGH OUR EXTENSIVE NETWORK OF EMPLOYER PARTNERS, FACILITATING A SEAMLESS TRANSITION INTO THE WORKFORCE. TO DATE, WE HAVE SUCCESSFULLY SERVED OVER 120 PROGRAM PARTICIPANTS, INCLUDING BOTH YOUTH AND UNEMPLOYED VETERANS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0145749
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04000
IRS990/FeesForServicesAccountingGrp/TotalAmt04000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01072
IRS990/FeesForServicesLegalGrp/TotalAmt01072
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt014000
IRS990/FeesForServicesManagementGrp/TotalAmt014000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt027698
IRS990/FeesForServicesOtherGrp/TotalAmt027698
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt66.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MONTRA MCKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL M CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2NATALIA SLOWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3ANYEA ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DARRIN COOK
IRS990/Form990PartVIISectionAGrp/PersonNm5MARSHEIA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN L MCKENZIE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt036000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEOEXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0146714
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0245033
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012989
IRS990/InsuranceGrp/TotalAmt012989
IRS990/InterestGrp/ManagementAndGeneralAmt021184
IRS990/InterestGrp/TotalAmt021184
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02500
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010000
IRS990/LandBldgEquipCostOrOtherBssAmt012500
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE INVESTORS ACADEMY IS DEDICATED TO EMPOWERING MARGINALIZED INDIVIDUALS AND FAMILIES IN METRO ATLANTA BY PROVIDING ESSENTIAL RESOURCES AND SUPPORT. WE SERVE HOMELESS VETERANS, THE HUNGRY, UNEMPLOYED INDIVIDUALS, PERSONS WITH DISABILITIES, THOSE LIVING WITH (CONTINUED ON PG 28)
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0162106
IRS990/NetAssetsOrFundBalancesEOYAmt0-205223
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0162106
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-205223
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0349
IRS990/OccupancyGrp/ProgramServicesAmt0136759
IRS990/OccupancyGrp/TotalAmt0137108
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0450
IRS990/OfficeExpensesGrp/TotalAmt0450
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-273724
IRS990/OtherExpensesGrp/Desc0CLOTHING PANTRY
IRS990/OtherExpensesGrp/Desc1PROGRAM FOODMEALS
IRS990/OtherExpensesGrp/Desc2PROGRAM OFFICE SUPPLIES
IRS990/OtherExpensesGrp/Desc3PARTICIPANT ACTIVITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt014093
IRS990/OtherExpensesGrp/ProgramServicesAmt15101
IRS990/OtherExpensesGrp/ProgramServicesAmt24685
IRS990/OtherExpensesGrp/ProgramServicesAmt31168
IRS990/OtherExpensesGrp/TotalAmt014093
IRS990/OtherExpensesGrp/TotalAmt15101
IRS990/OtherExpensesGrp/TotalAmt24685
IRS990/OtherExpensesGrp/TotalAmt31168
IRS990/OtherLiabilitiesGrp/BOYAmt0228050
IRS990/OtherLiabilitiesGrp/EOYAmt0266673
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010090
IRS990/OtherSalariesAndWagesGrp/TotalAmt010090
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04312
IRS990/PayrollTaxesGrp/TotalAmt04312
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORTIVE PERM HOUSING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt097055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt097055
IRS990/ProgSrvcAccomActy2Grp/Desc0THE INVESTORS ACADEMY TRANSITIONAL AND SUPPORTIVE PERMANENT HOUSING PROGRAM IS DESIGNED TO ASSIST UNHOUSED VETERANS AND RETURNING CITIZENS TRANSITIONING FROM INCARCERATION. IN 2024, WE SUCCESSFULLY PLACED 56 RETURNING CITIZENS FROM TRANSITIONAL HOUSING INTO PERMANENT SUPPORTIVE HOUSING AND SECURED PERMANENT HOUSING FOR OVER 100 UNHOUSED VETERANS.BEYOND HOUSING ASSISTANCE, WE PROVIDE ESSENTIAL RESOURCES SUCH AS FOOD, HYGIENE PRODUCTS, AND OTHER BASIC NECESSITIES. OUR HOUSING AND SUPPORT PROGRAMS OFFER COMPREHENSIVE SERVICES TO HELP SERVICE MEMBERS SMOOTHLY TRANSITION FROM MILITARY TO CIVILIAN LIFE.ADDITIONALLY, ALL PROGRAM PARTICIPANTS RECEIVE CASE MANAGEMENT, MENTAL HEALTH SUPPORT, AND WRAPAROUND SERVICES. IN 2024 ALONE, WE PROVIDED SUPPORT TO NEARLY 1,300 INDIVIDUALS, ENSURING AN IMPROVED QUALITY OF LIFE AND LONG-TERM STABILITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0101660
IRS990/ProgSrvcAccomActy3Grp/Desc0FOOD PANTRY PROGRAM~ OUR COMMUNITY FOOD PANTRY OPERATES THREE TIMES A WEEK, PROVIDING ESSENTIAL GROCERIES AND NUTRITIOUS FOOD TO INDIVIDUALS AND FAMILIES FACING FOOD INSECURITY. TO DATE, WE HAVE SERVED OVER 3,000 FAMILIES AND INDIVIDUALS, ENSURING THEY HAVE ACCESS TO FRESH PRODUCE, PANTRY STAPLES, AND PROTEIN-RICH FOODS.WE PARTNER WITH THE ATLANTA COMMUNITY FOOD BANK, COMMUNITY ORGANIZATIONS, AND DONORS TO STOCK OUR PANTRY WITH A DIVERSE SELECTION OF ITEMS, CATERING TO THE UNIQUE DIETARY NEEDS OF THOSE WE SERVE, INCLUDING SENIORS, VETERANS, INDIVIDUALS WITH DISABILITIES, AND FAMILIES WITH YOUNG CHILDREN.BEYOND FOOD DISTRIBUTION, OUR PANTRY ALSO SERVES AS A RESOURCE HUB, OFFERING INFORMATION ON NUTRITION EDUCATION, MEAL PLANNING, AND ACCESS TO ADDITIONAL COMMUNITY SUPPORT SERVICES. BY ADDRESSING FOOD INSECURITY, WE STRIVE TO ALLEVIATE HUNGER AND PROMOTE LONG-TERM STABILITY FOR THOSE IN NEED.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt041052
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0474000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0237995
IRS990/PYOtherRevenueAmt0258500
IRS990/PYRevenuesLessExpensesAmt0471422
IRS990/PYSalariesCompEmpBnftPaidAmt023083
IRS990/PYTotalExpensesAmt0261078
IRS990/PYTotalRevenueAmt0732500
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-93605
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0244049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0474000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt096000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0129076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01093773
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt023
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0984
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0258500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0259484
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80820
IRS990ScheduleA/PublicSupportPY509Pct00.77430
IRS990ScheduleA/PublicSupportTotal509Amt01093773
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0244049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0474000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt096000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0129076
IRS990ScheduleA/Total509Grp/TotalAmt01093773
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0245033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0732500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt096000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0129076
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01353280
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02500
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0257750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010000
IRS990ScheduleD/TotalLiabilityAmt0266673
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTORS FATHER, JOHN L. MCKENZIE, IS ALSO THE TREASURER OF THE BOARD. HIS SELECTION WAS BASED ON THE TECHNICAL EXPERTISE AFFORDED TO THE BOARD AND NOT SOLELY BASED ON THE RELATIONSHIP WITH THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE ELECTRONIC TRANSMITTAL TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT IS THE INVESTORS ACADEMY INC POLICY THAT EMPLOYEES AND OTHERS ACTING ON THE COMPANYS BEHALF MUST BE FREE FROM CONFLICTS OF INTEREST THAT COULD ADVERSELY INFLUENCE THEIR JUDGMENT, OBJECTIVITY OR LOYALTY TO THE ORGANIZATION IN CONDUCTING BUSINESS ACTIVITIES AND ASSIGNMENTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PARTY MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, THE INDIVIDUAL SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION IS DISCUSSED AND VOTED ON. THE REMAINING BOARD MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXIST. IF A CONFLICT OF INTEREST EXIST, THE BOARD WILL DETERMINE AND DOCUMENT THE APPROPRIATE RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON SCHEDULING AN APPOINTMENT WITH A MEMBER OF THE BOARD OF DIRECTORS. GOVERNING DOCUMENTS ARE ALSO MADE AVAILABLE ON THE COMPANYS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN NET ASSETS IS THE RESULT OF CORRECTION TO PRIOR PERIODS OPENING BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REFER TO THE OVERFLOW PAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REFER TO THE INVESTORS ACADEMY INC OVERFLOW STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISSION STATEMENTS (CONTINUED FROM PAGE 1)CHRONIC AILMENTS/HIV/AIDS, AND EX-OFFENDERS REENTERING SOCIETY. THROUGH OUR COMPREHENSIVE OUTREACH PROGRAMS, WE STRIVE TO FOSTER SELF-SUFFICIENCY, CREATE OPPORTUNITIES, AND UPLIFT COMMUNITIES BY ADDRESSING CRITICAL NEEDS WITH DIGNITY AND COMPASSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0390156
IRS990/TotalAssetsEOYAmt062612
IRS990/TotalAssetsGrp/BOYAmt0390156
IRS990/TotalAssetsGrp/EOYAmt062612
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0147978
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050177
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288461
IRS990/TotalFunctionalExpensesGrp/TotalAmt0338638
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0228050
IRS990/TotalLiabilitiesEOYAmt0267835
IRS990/TotalLiabilitiesGrp/BOYAmt0228050
IRS990/TotalLiabilitiesGrp/EOYAmt0267835
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0162106
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-205223
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0288461
IRS990/TotalProgramServiceRevenueAmt097055
IRS990/TotalReportableCompFromOrgAmt036000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt097055
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245033
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt021
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0390156
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062612
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt015950
IRS990/TravelGrp/TotalAmt015950
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.THEINVESTORSACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MONTRA MCKENZIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEOEXECUTIVE D
ReturnHeader/BusinessOfficerGrp/PhoneNum04705997956
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INVESTORS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0INVE
ReturnHeader/Filer/EIN0822621762
ReturnHeader/Filer/USAddress/AddressLine1Txt0122 HOWELL DR SW
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030331
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273963693
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTING & TAX ADVISORY GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0555 N POINT CTR E STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALPHARETTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030022
ReturnHeader/PreparerPersonGrp/PhoneNum07705586338
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RIOLENE J IBOK
ReturnHeader/ReturnTs02025-03-03T12:21:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.