TIE-ATLANTA FOUNDATION INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TIE-ATLANTA FOUNDATION INC (EIN 81-3528232)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-21
- IRS object ID
- 202531119349201428
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-21T07:00:26-00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 813528232 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIE-Atlanta Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TIE- | BusinessNameControlTxt |
| Phone | 6784291069 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4780 Ashford Dunwoody Road STE 540- | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30338 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sanket Patel | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6784291069 | PhoneNum |
| Signature | 2025-04-21 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | atlanta.tie.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $179,129 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $151,479 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $27,650 | ProgramServiceRevenueAmt |
| Total Revenue | $179,129 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $5,500 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $30,024 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $9 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $184,556 | OtherExpensesTotalAmt |
| Total Expenses | $220,089 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$40,960 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $55,825 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,865 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,825 | BOYAmt |
| EOY | $38,706 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000 | BOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,825 | BOYAmt |
| EOY | $38,706 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $23,841 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,825 | BOYAmt |
| EOY | $14,865 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Educating high school, middle school and college age people how to be entrepeneurs | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | There are programs for middle school, high school and college. All three have classroom sections and the upper two have business competitons. We supply mentors, judges and prizes. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $106,834 | GrantsAndAllocationsAmt |
| Program Service Expenses | $75,449 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $75,449 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (14 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Paul Lopez | ||
| Chairman | 020.00 | $0 |
| Sid Mookerji | ||
| Past President | 005.00 | $0 |
| Sanket Patel | ||
| President | 005.00 | $0 |
| Neeti Dewan | ||
| President Elect | 005.00 | $0 |
| Chitra Patel | ||
| Director | 005.00 | $0 |
| Greg Johnson | ||
| Director | 005.00 | $0 |
| Jagruti Solanki | ||
| Director | 005.00 | $0 |
| Josh McAfee | ||
| Director | 005.00 | $0 |
| Neda Barqawi | ||
| Director | 005.00 | $0 |
| Ravi Srinavasan | ||
| Director | 005.00 | $0 |
| Preeti Tanwar | ||
| Director | 005.00 | $0 |
| Ramesh Sundararajan | ||
| Director | 005.00 | $0 |
| Sanjay Ahuja | ||
| Director | 005.00 | $0 |
| Chitra Patel | ||
| Director | 005.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Edwin Mistr | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1425 Waterford Green Drive | AddressLine1Txt |
| City | Marietta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6783138340 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Related Org Sect527 Org | false | RelatedOrgSect527OrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,976 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,114 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $97,692 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $86,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $151,479 | CurrentTaxYearAmt |
| Total | $462,245 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,976 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,114 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $97,692 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $86,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $151,479 | CurrentTaxYearAmt |
| Total | $462,245 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $462,245 | PublicSupportTotal170Amt |
| Total Support | $462,245 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.55720 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule L IRS990ScheduleL
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (20 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part I, Line 16, Other Expenses | Travel 2,958 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Meals and entertainment 231 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Business fees, parking,software 87 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Credit Card Fees 1,747 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Educational Expenses 75,449 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Marketing 57,108 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Educational Prizes 41,920 |
| Form 990-EZ, Part I, Line 16, Other Expenses | TIE Global Fees 5,056 |
| Form 990-EZ, Part II, Line 24, Other Assets | AR Beginning of year 10,000, End of year 0 |
| Form 990-EZ, Part II, Line 26, Liabilities | Monies due to TIE ATlanta Inc Beginning of year 0, End of year 23,841 |
| Form 990-EZ, Part I, Line 10 | Contribution to University of North Georgia Honors program |
| Form 990-EZ, Part I, Line 16 | Travel - Represent TIE Atlanta to global TIE conference |
| Form 990-EZ, Part I, Line 16 | Meals and entertainment - meals for meetings with donors |
| Form 990-EZ, Part I, Line 16 | Business fees - state registration and parking |
| Form 990-EZ, Part I, Line 16 | Credit card fees - donation and program revenue procesing fees |
| Form 990-EZ, Part I, Line 16 | Educational expenses - expenses to run all of our service programs |
| Form 990-EZ, Part I, Line 16 | Marketing - one time event to try and increase our exposure and reach |
| Form 990-EZ, Part I, Line 16 | Educational Prizes - Prizes awarded to the winning teams in our high school and university programs |
| Form 990-EZ, Part I, Line 16 | TIE Global fees -fees to our parent organization for material and support for our educational programs |
| Form 990-EZ, Part II, Line 26 | total liabilities - Money owed to our sister not-for-profit TIE Atlanta Inc |
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