Civic Intelligence

Atlantic Essential Development Inc.

990EZ • Fiscal year 2022 • EIN 88-2093474

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 06, 2023

Organization Profile
2614 Heltonwood CtBuford, GA 30519

(801) 514-0555

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

98th percentile

98%

Higher net margin than 98% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$166,739

No earlier filing loaded for comparison.

Net Assets

$166,739

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin98th percentile

Revenue

$170,500

No earlier filing loaded for comparison.

Expenses

$3,761

No earlier filing loaded for comparison.

Net Income

$166,739

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2022: $166,739Liabilities 2022: $0Net Assets 2022: $166,7392022Assets 2023: $330,162Liabilities 2023: $0Net Assets 2023: $330,1622023Assets 2024: $439,366Liabilities 2024: $0Net Assets 2024: $439,3662024Assets 2025: $475,383Liabilities 2025: $0Net Assets 2025: $475,3832025

Highlighted filing

2022

Assets$166,739
Liabilities$0
Net Assets$166,739
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2022: $170,500Expenses 2022: $3,761Net Income 2022: $166,7392022Revenue 2023: $193,857Expenses 2023: $30,434Net Income 2023: $163,4232023Revenue 2024: $141,000Expenses 2024: $31,796Net Income 2024: $109,2042024Revenue 2025: $145,000Expenses 2025: $108,983Net Income 2025: $36,0172025

Highlighted filing

2022

Revenue$170,500
Expenses$3,761
Net Income$166,739
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 6, 2023
Return Version
2022v5.0
Gross Receipts
$170,500
Mission and Program Overview

Mission

501C3

Program Services

DescriptionGrantsExpenses
To provide underserved communities across the globe consisting of at-risk children, youth, teenagers, and young adults, and families with an array of supportive services.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen AboagyeCEOFT$0--
Filing and Contact Details

Filer

Filer Name
Atlantic Essential Development Inc
EIN
88-2093474
Address
2614 Heltonwood Ct, Buford, GA 30519

Signing Officer

Name
Stephen Aboagye
Title
CEO
Phone
8015140555
Signed
2023-08-06
Discuss with paid preparer
No

Preparer

Firm
Gwinnett Business Consultants LLC
Address
2330 Scenic Highway S Suite 213, Snellville, GA 30078
Preparer
Winston Bandoh
Phone
4132621149
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBusiness Registration 1,400Rent 1,974Business Meal 387”

Description of other assets Part II line 24

“Category Beginning of Year End of YearMedical supplies donation 0 166,739”

Raw XML Appendix112 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0Stephen Aboagye
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0The principal officer is not being paid as there is not enough money to compensate the officer
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Stephen Aboagye
IRS990EZ/BooksInCareOfDetail/PhoneNum08015140555
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02614 Heltonwood Ct
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Buford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030519
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0170500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0166739
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0166739
IRS990EZ/GrossReceiptsAmt0170500
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0166739
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0166739
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Stephen Aboagye
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0166739
IRS990EZ/OtherExpensesTotalAmt03761
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0501C3
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide underserved communities across the globe consisting of at-risk children, youth, teenagers, and young adults, and families with an array of supportive services.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03761
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0170500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0170500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0170500
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0170500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0170500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0170500
IRS990ScheduleA/TotalSupportAmt0170500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBusiness Registration 1,400Rent 1,974Business Meal 387
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearMedical supplies donation 0 166,739
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen Aboagye
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08015140555
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Atlantic Essential Development Inc
ReturnHeader/Filer/BusinessNameControlTxt0ATLA
ReturnHeader/Filer/EIN0882093474
ReturnHeader/Filer/USAddress/AddressLine1Txt02614 Heltonwood Ct
ReturnHeader/Filer/USAddress/CityNm0Buford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gwinnett Business Consultants LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02330 Scenic Highway S Suite 213
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Snellville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030078
ReturnHeader/PreparerPersonGrp/PhoneNum04132621149
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Winston Bandoh
ReturnHeader/ReturnTs02023-08-06T22:54:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Stephen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Aboagye
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$166,739
Liabilities
$0
Net assets
$166,739
Revenue
$170,500
Expenses
$3,761
Net income
$166,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.75$0.00$4.75$1.45$1.09$0.36
2024Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$1.41$0.32$1.09
2023Detailed filing. Detailed filing data is available for this year.$3.30$0.00$3.30$1.94$0.30$1.63
2022Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$1.71$0.04$1.67