Civic Intelligence

Natas Southeast Foundation Inc.

990 • Fiscal year 2020 • EIN 83-0650992

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

P O Box 11613Atlanta, GA 30355-1613

(770) 380-3036

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.07x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.39x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

43rd percentile

1.1%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.2%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-87%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$46,785

Up $93 (+0.2%) from 2019

Net Assets

Up

$43,511

Up $92 (+0.2%) from 2019

Liabilities

Up

$3,274

Up $1 (+0.0%) from 2019

Revenue

Down

$8,329

Down $58,134 (-87%) from 2019

Expenses

Down

$8,237

Down $14,807 (-64%) from 2019

Net Income

Down

$92

Down $43,327 (-100%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $46,692Liabilities 2019: $3,273Net Assets 2019: $43,4192019Assets 2020: $46,785Liabilities 2020: $3,274Net Assets 2020: $43,5112020Assets 2021: $47,497Liabilities 2021: $5,456Net Assets 2021: $42,0412021Assets 2022: $38,292Liabilities 2022: $30Net Assets 2022: $38,2622022Assets 2023: $37,203Liabilities 2023: $8,327Net Assets 2023: $28,8762023Assets 2024: $29,254Liabilities 2024: $12,402Net Assets 2024: $16,8522024

Highlighted filing

2020

Assets$46,785
Liabilities$3,274
Net Assets$43,511

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2019: $66,463Expenses 2019: $23,044Net Income 2019: $43,4192019Revenue 2020: $8,329Expenses 2020: $8,237Net Income 2020: $922020Revenue 2021: $11,583Expenses 2021: $13,053Net Income 2021: -$1,4702021Revenue 2022: $13,266Expenses 2022: $17,045Net Income 2022: -$3,7792022Revenue 2023: $170Expenses 2023: $9,556Net Income 2023: -$9,3862023Revenue 2024: $21,953Expenses 2024: $33,977Net Income 2024: -$12,0242024

Highlighted filing

2020

Revenue$8,329
Expenses$8,237
Net Income$92
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$8,329
Mission and Program Overview

Mission

Natas southeast foundation is dedicated to preparing the next generation of tv professionals and content creators to better serve their communities. The organization hosts free educational training for students, journalists and digital media producers, presents scholarships to college students and highlights student achievements through the student production awards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,692$38,785▼ $7,907
Other Notes and Loans Receivable, Net-$8,000-
Total Assets$46,692$46,785▲ $93
Liabilities
Accounts Payable and Accrued Expenses$3,273$3,274▲ $1
Total Liabilities$3,273$3,274▲ $1
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,419$43,511▲ $92
Total Net Assets Fund Balance$43,419$43,511▲ $92
Total Liabilities and Net Assets / Fund Balance$46,692$46,785▲ $93
Compensation and Service Providers

Board Members and Trustees

NameTitle
Evelyn MimsPresident
Darryl CohenDirector
Katrina BradburyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,329
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$329
Change in Net Assets
$92
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology-$840-$840
Conferences and Meetings-$44-$44
Other Expenses$300$30-$30
Total Functional Expenses$6,323$1,914$0$8,237
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Natas Southeast Foundation Inc
EIN
83-0650992
Phone
7703803036
Address
P O BOX 11613, ATLANTA, GA 30355-1613

Signing Officer

Name
Evelyn Mims
Title
President
Phone
7703803036
Signed
2021-11-08

Organization Details

Principal Officer
Evelyn Mims
Formed
2019
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Salus Consulting Pc
Address
1117 PERIMETER CENTER W STE E201, ATLANTA, GA 30338-5457
Preparer
Alan M Salus
Phone
6785786140
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Natas southeast foundation is dedicated to preparing the next generation of tv professionals and content creators to better serve their communities. The organization hosts free educational training for students, journalists and digital media producers, presents scholarships to college students and highlights student achievements through the student production awards.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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