KINDRED FUTURES INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
KINDRED FUTURES INC (EIN 46-2239585)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202413189349305191
Schema version
2023v5.1
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

FieldValueIRS element (for citing)
Return2024-11-13T12:06:11-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721396621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CARR RIGGS & INGRAM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14004 SUMMIT BLVD NE SUITE 800AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30319ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462239585EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA WEALTH BUILDING INITIATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlATLABusinessNameControlTxt
Phone4045371831PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1504 FAIR STREET SUITE 304AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR JANELLE WILLIAMS PHDPersonNm
Person TitleCO-FOUNDER & CEOPersonTitleTxt
Phone4045371831PhoneNum
Signature2024-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIFFANY T ORR CPAPreparerPersonNm
PTINP10559478PTIN
Phone7703948000PhoneNum
Preparation2024-11-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR JANELLE WILLIAMS PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1504 FAIR STREET SUITE 304AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,008,196GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATLANTAWEALTHBUILDING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionAT AWBI WE ARE ACTIVELY REIMAGINING ECONOMIC REALITIES TO PRODUCE AN OPPORTUNITY-RICH FUTURE FOR ALL.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,186,982PYContributionsGrantsAmt
CY Contributions Grants$3,987,970CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$20,226CYOtherRevenueAmt
PY Total Revenue$2,186,982PYTotalRevenueAmt
CY Total Revenue$4,008,196CYTotalRevenueAmt
PY Grants And Similar Paid$205,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$579,668CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$708,595PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,115,448CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$141,184CYTotalFundraisingExpenseAmt
PY Other Expenses$759,125PYOtherExpensesAmt
CY Other Expenses$887,430CYOtherExpensesAmt
PY Total Expenses$1,672,720PYTotalExpensesAmt
CY Total Expenses$2,582,546CYTotalExpensesAmt
PY Revenues Less Expenses$514,262PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,425,650CYRevenuesLessExpensesAmt
Total Assets BOY$2,184,441TotalAssetsBOYAmt
Total Assets EOY$3,847,847TotalAssetsEOYAmt
Total Liabilities BOY$4,720TotalLiabilitiesBOYAmt
Total Liabilities EOY$242,476TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,179,721NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,605,371NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAT AWBI WE ARE ACTIVELY REIMAGINING ECONOMIC REALITIES TO PRODUCE AN OPPORTUNITY-RICH FUTURE FOR ALL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,990,597ExpenseAmt
Grant$579,668GrantAmt
Revenue$20,226RevenueAmt
DescOUR IMPACT SINCE 2018: $83,275,499 LEVERAGED & INFLUENCED FOR THE ATLANTA COMMUNITY ECONOMIC DEVELOPMENT AND SMALL BUSINESS ECOSYSTEM.$2,783,740 IN STRATEGIC PARTNERSHIPS, GRANTS, LOANS & TECHNICAL ASSISTANCELEAD.BUILD.INVESTBLACK WEALTH UNLOCKED: IN 2023, ATLANTA WEALTH BUILDING INITIATIVE LAUNCHED THE GROUNDBREAKING BLACK WEALTH UNLOCKED PODCAST WHICH DELVES DEEP INTO CONVERSATIONS WITH THOUGHT LEADERS, ENTREPRENEURS, FINANCIAL EXPERTS, AND COMMUNITY ACTIVISTS WHO ARE MAKING WAVES IN THE BLACK WEALTH MOVEMENT. EPISODES EXPLORE TOPICS LIKE ENTREPRENEURSHIP, GENERATIONAL WEALTH, ECONOMIC ORGANIZING, REAL ESTATE, AND MUCH MORE.BELOVED ECONOMIES REPORT: IN NOVEMBER 2023, ATLANTA WEALTH BUILDING INITIATIVE RELEASED ITS LANDMARK REPORT, "BUILDING A BELOVED ECONOMY: A BASELINE AND FRAMEWORK FOR BUILDING BLACK WEALTH IN ATLANTA." THE REPORT PROPOSES A NEW FRAMEWORK FOR UNDERSTANDING AND CONFRONTING THE MASSIVE RACIAL WEALTH DIVIDE AND ITS IMPACT ON BLACK ATLANTANS. IT ALSO PROVIDES AN OVERVIEW OF THE STATE OF BLACK WEALTH, POVERTY, INCOME, DEBT, ACCESS TO CAPITAL, HOUSING, BUSINESS OWNERSHIP, AND JOBS IN ATLANTA.BLACK COMMUNITY WEALTH: ATLANTA WEALTH BUILDING LAUNCHED THE BLACK COMMUNITY WEALTH NETWORK, A NATIONAL NETWORK POSITIONED TO BUILD A BROAD NETWORK OF PRACTITIONERS AND SUPPORTERS COMMITTED TO THE TASK OF BUILDING BLACK COMMUNITY WEALTH. THE PURPOSE OF THE BROADER BLACK COMMUNITY WEALTH NETWORK IS THREE-FOLD: TO SERVE AS A THINK TANK ON ISSUES CONCERNING BLACK COMMUNITY WEALTH BUILDING; TO CO-DESIGN STRATEGIES, BOLSTER CAPACITY, PROTOTYPE NEW IDEAS, AND CONDUCT RESEARCH IN SERVICE TO BLACK WEALTH-BUILDING; AND TO COLLECTIVELY CONTRIBUTE TO REDEFINING AND EXPANDING THE NOTION OF BLACK COMMUNITY WEALTH. SINCE ITS LAUNCH IN NOVEMBER 2023, THE BLACK COMMUNITY WEALTH NETWORK HAS ENGAGED WITH A DIVERSE GROUP OF 65 UNIQUE ORGANIZATIONS FROM VARIOUS DISCIPLINES.STRATEGIC PARTNERSHIPS: TO ADVANCE OUR STRATEGIC PRIORITIES, AWBI EFFECTIVELY AND TRANSPARENTLY HAS EVOLVED FROM A SMALL GRANTMAKING STRATEGY TO A MORE THOUGHTFUL AND STRATEGIC ALIGNMENT WITH PROGRAMMATIC, INVESTMENT/GRANTMAKING PARTNERS.1. PROCURE FORWARD: AWBI AND IBEX IT HAVE JOINED FORCES TO BOLSTER THE PROCUREMENT AND CONTRACTING CAPACITY OF COMMUNITY ECONOMIC DEVELOPMENT INSTITUTIONS AND BUSINESS-SERVING ORGANIZATIONS IN THE REGION. IBEX DEVELOPED A TRAIN-THE-TRAINER MODEL THAT WILL EQUIP THE END-USER WITH SPECIALIZED KNOWLEDGE AND SKILLS TO EFFECTIVELY TRAIN OTHERS IN THE PROCUREMENT PRACTICES, WHICH WILL ULTIMATELY DISSEMINATE BEST PRACTICES, ENSURE COMPLIANCE, AND IMPROVE EFFICIENCY ACROSS THE PROCUREMENT PROCESS IN THE PUBLIC AND PRIVATE SECTORS. THOSE PARTNERS INCLUDE AFCEA, NOW ACCOUNT, THE CITY OF COLLEGE PARK, THE CITY OF ATLANTA, AND AEROTROPOLIS. KEY RESULT: THIS EFFORT HAS RESULTED IN THE DEVELOPMENT OF A CURRICULUM DESIGNED AS A TOOL AND TRAIN THE TRAINER MODEL FOR BUSINESS-SERVING ORGANIZATIONS. GIVEN THIS APPROACH, AWBI BOLSTERS THE EXCELLENT DELIVERY OF CRITICAL AND TACTICAL TECHNICAL SERVICES PROVIDED BY PARTNERS WHO WORK DIRECTLY WITH BUSINESSES. 2. IN PARTNERSHIP WITH VILLAGE MICRO FUND FOR THEIR FALL 2023 COHORT OF THE FLOURISH FELLOWSHIP, AWBI SUPPORTED A COHORT OF ENTREPRENEURS WHO SUCCESSFULLY COMPLETED AN INTENSIVE 14-WEEK RETAIL BUSINESS DEVELOPMENT PROGRAM. AT THE GRADUATION OF THE EVENT, THE TOP BUSINESSES RECEIVED $75,000 (THREE $25,000 AWARDS) IN GRANT CAPITAL. THESE AWARDS WILL HELP BUSINESSES MOVE TO THE NEXT LEVEL OF SCALE AND PRODUCTION. WE ARE HAPPY TO REPORT THE FOLLOWING ACCOMPLISHMENTS THAT REFLECT THE GROWTH AND OPPORTUNITIES PROVIDED BY THE FLOURISH FELLOWSHIP: - 20 BUSINESSES ACCEPTED INTO THE RETAIL COHORT - 33% RECEIVED PROCUREMENT OPPORTUNITIES - 100% IMPROVED THEIR OPERATIONAL EFFICIENCY - 67% INCREASE IN REVENUE - 50% HIRED AT LEAST 1 EMPLOYEE - $208,000 AVG REVENUE FOR 2023 3. THROUGH A STRATEGIC PARTNERSHIP, THE GEORGIA MICRO ENTERPRISE NETWORK (GMEN) AND THE ATLANTA WEALTH BUILDING INITIATIVE (AWBI) PARTICIPATED IN THE FLEX FUND LOAN PROGRAM (FLEX FUND) ESTABLISHED BY LOCAL INITIATIVES SUPPORT CORPORATION (LISC) TO DEPLOY SMALL BUSINESS LOANS UNDER THE FLEX FUND LOAN PROGRAM TO PROVIDE UNDERSERVED SMALL BUSINESSES ACCESS TO CAPITAL. THE GOAL WAS TO STRENGTHEN AND EXPAND THEIR DEVELOPMENT IN GEORGIA THROUGH LENDING, TECHNICAL ASSISTANCE, AND JOINT OUTREACH ACTIVITIES WHILE SUPPORTING THE EXPANSION OF SMALL BUSINESSES. AWBI, WITH SUPPORT FROM GMEN HAVE BEEN ABLE TO DEPLOY 10 SMALL BUSINESS LOANS.IN 2024, AWBI WILL BEGIN IMPLEMENTING STRATEGIC PARTNERSHIPS WITH ORGANIZATIONS AND LEADERS ACROSS THE SOUTH THAT ARE DEDICATED TO BUILDING THE WEALTH OF BLACK PEOPLE. WHILE WE STRIVE TO IMPROVE OUTCOMES FOR BLACK PEOPLE, IT IS IMPORTANT WE PAY ATTENTION TO WHERE THEY LIVE. WITH ROUGHLY 55 PERCENT OF BLACK PEOPLE LIVING IN THE SOUTH, AND THE PRONOUNCED RACIALIZED ECONOMIC OUTCOMES THAT STUBBORNLY PERSIST IN THE REGION, IT IS IMPORTANT TO APPLY A TARGETED UNIVERSAL APPROACH TO FACILITATE THRIVING AND INCLUSIVE ECONOMIES. IF WE ASPIRE TO STIMULATE THRIVING COMMUNITIES, WE MUST INVEST IN THE SOUTH.Desc
Total Program Service Expenses$1,990,597TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COURTNEY COLLINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6784627336PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1504 FAIR STREET SUITE 304AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALAN FERGUSON
BOARD MEMBER2.00Yes (X)$0$0$0
DALE ROYAL
BOARD MEMBER2.00Yes (X)$0$0$0
JAMES WAHLS
BOARD MEMBER2.00Yes (X)$0$0$0
JON THOMPSON
BOARD MEMBER2.00Yes (X)$0$0$0
NONET SYKES
BOARD MEMBER2.00Yes (X)$0$0$0
RONNIE GALVIN
BOARD MEMBER2.00Yes (X)$0$0$0
TENE TRAYLOR
BOARD MEMBER2.00Yes (X)$0$0$0
WILL LAMBE
BOARD MEMBER2.00Yes (X)$0$0$0
JOLI COOPER
BOARD MEMBER2.00Yes (X)$0$0$0
ANNE KAISER
BOARD MEMBER2.00Yes (X)$0$0$0
AMY LANCASTER-KING
BOARD MEMBER2.00Yes (X)$0$0$0
RAY PENNIE
BOARD MEMBER2.00Yes (X)$0$0$0
AMY RUSSELL
BOARD MEMBER2.00Yes (X)$0$0$0
JANELLE WILLIAMS
CO-FOUNDER & CEO50.00$194,061$0$30,452Yes (X)
COURTNEY COLLINS
COO50.00$140,438$0$1,260Yes (X)
KIM ANDERSON
INTERIM EXECUTIVE DIRECTOR40.00$14,562$0$0Yes (X)
ALEX CAMARDELLE
VP OF POLICY AND RESEARCH50.00$126,466$0$12,932Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$475,527TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$44,644TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,987,970AllOtherContributionsAmt
Total Contributions$3,987,970TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$20,226TotalRevenueColumnAmt
Related Or Exempt Func Income$20,226RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$20,226OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,008,196TotalRevenueColumnAmt
Related Or Exempt Func Income$20,226RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$579,668TotalAmt
Program Services$579,668ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$349,060TotalAmt
Program Services$239,907ProgramServicesAmt
Management And General$82,311ManagementAndGeneralAmt
Fundraising$26,842FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$663,059TotalAmt
Program Services$455,717ProgramServicesAmt
Management And General$156,354ManagementAndGeneralAmt
Fundraising$50,988FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,955TotalAmt
Program Services$5,467ProgramServicesAmt
Management And General$1,876ManagementAndGeneralAmt
Fundraising$612FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$22,859TotalAmt
Program Services$15,711ProgramServicesAmt
Management And General$5,390ManagementAndGeneralAmt
Fundraising$1,758FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$72,515TotalAmt
Program Services$49,839ProgramServicesAmt
Management And General$17,100ManagementAndGeneralAmt
Fundraising$5,576FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$138,190TotalAmt
Program Services$69,095ProgramServicesAmt
Management And General$69,095ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$224,193TotalAmt
Program Services$216,576ProgramServicesAmt
Management And General$1,983ManagementAndGeneralAmt
Fundraising$5,634FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$88,920TotalAmt
Program Services$75,128ProgramServicesAmt
Management And General$13,792ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$84,280TotalAmt
Program Services$55,318ProgramServicesAmt
Management And General$28,962ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,175TotalAmt
Program Services$62,083ProgramServicesAmt
Management And General$19,092ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$85,437TotalAmt
Program Services$72,104ProgramServicesAmt
Management And General$13,333ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$51,498TotalAmt
Program Services$43,756ProgramServicesAmt
Management And General$7,742ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$14,275TotalAmt
Management And General$14,275ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,399TotalAmt
Program Services$2,889ProgramServicesAmt
Management And General$510ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DUES & SUBSCRIPTIONS$52,735$36,739$15,357$639
FUNDRAISING EXPENSE$49,135$49,135
STAFF DEVELOPMENT$12,471$10,600$1,871
MISCELLANEOUS$1,722$1,722

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,582,546TotalAmt
Program Services$1,990,597ProgramServicesAmt
Management And General$450,765ManagementAndGeneralAmt
Fundraising$141,184FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,128,707BOYAmt
EOY$2,559,546EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$1,131,545EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$107,832LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$15,747LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,734BOYAmt
EOY$92,085EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$64,671EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,184,441BOYAmt
EOY$3,847,847EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,720BOYAmt
EOY$168,226EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$74,250EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,720BOYAmt
EOY$242,476EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$566,971BOYAmt
EOY$1,693,070EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,612,750BOYAmt
EOY$1,912,301EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,179,721BOYAmt
EOY$3,605,371EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,184,441BOYAmt
EOY$3,847,847EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,425,650ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,919,839CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,273,444CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,186,982CurrentTaxYearMinus1YearAmt
Current Tax Year$3,987,970CurrentTaxYearAmt
Total$10,368,235TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,919,839CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,273,444CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,186,982CurrentTaxYearMinus1YearAmt
Current Tax Year$3,987,970CurrentTaxYearAmt
Total$10,368,235TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,374,041SubstantialContributorsTotAmt
Public Support Total170$5,994,194PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$20,226CurrentTaxYearAmt
Total$20,226TotalAmt
FieldValueIRS element (for citing)
Total Support$10,388,461TotalSupportAmt
Gross Receipts Rltd Activities$1,300GrossReceiptsRltdActivitiesAmt
Public Support CY1700.57700PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$44,543OtherCostOrOtherBasisAmt
Depreciation$6,324DepreciationAmt
Book Value$38,219BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$63,289OtherCostOrOtherBasisAmt
Depreciation$9,423DepreciationAmt
Book Value$53,866BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$92,085TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$74,250Amt
FieldValueIRS element (for citing)
Total Liability$74,250TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,008,196TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,008,196RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,008,196TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,582,546TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,582,546ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,582,546TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationUNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXESUSING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1THINK IN INK GRANTSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 EAST PACES FERRY RD NE SUITE 40AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30305ZIPCd
FieldValueIRS element (for citing)
ActivityGRANT WRITINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$58,680RetainedByContractorAmt
Net To Organization-$58,680NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$58,680TotalRetainedByContractorsAmt
Total Net To Organization-$58,680TotalNetToOrganizationAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
VILLAGE MICROFUND
1679 OLYMPIAN WAY SWATLANTAGA30310471748802501(C)(3)$185,000$01) TO SUPPORT AWBI'S SMALL BUSINESS RETAIL COHORT REGARDING THE DESIGN AND LAUNCH. 2) TO SUPPORT ADDITIONAL SMALL BUSINESSES ON THE WEST SIDE OF ATLANTA, TEACHING BUSINESS MODEL CANVAS, INTERPERSONAL BUSINESS SKILLS, HOW TO PITCH, AND INTRODUCE ENTREPRENEURS TO THE COMMUNITY WHILE CREATING A SUSTAINABLE COMMUNITY OF ENTREPRENEURS THROUGH OUR NEW CLASS AND ALUMNI. 3) TO SUPPORT THE LAUNCH OF THE DAO - DECENTRALIZED AUTONOMOUS ORGANIZATION. THE DAO IS A COMMUNITY-BASED COOPERATIVE MODEL THAT SEEKS TO DEMOCRATIZE HOW RESOURCES ARE ALLOCATED IN THE COMMUNITY.
GEORGIA RESILIENCE AND OPPORTUNITY FUND
422 GLEN IRIS DRIVEATLANTAGA30308871811721501(C)(3)$50,000$0TO ESTABLISH AWBI'S SUPPORT OF THE REPARATIONS COLLABORATIVE IN ATLANTA. THE COLLABORATIVE IS BEING FACILITATED BY THE GEORGIA RESILIENCE AND OPPORTUNITY FUND (GRO). AWBI IS A MEMBER OF THE COLLABORATIVE, AND TOGETHER WITH OTHER COLLABORATIVE PARTNERS, WE HOPE TO ACCELERATE THE MOVEMENT TOWARDS REPARATIONS IN ATLANTA AND ACROSS THE REGION.
COMMUNITY FOUNDATION OF GREATER ATL
191 PEACHTREE STREET NE SUITE 1000ATLANTAGA30303581344646501(C)(3)$67,000$0FOR COMPREHENSIVE RESEARCH REPORT DESCRIBING THE STATE OF BLACK WEALTH ATLANTA.
EXEMPT ME NOW INC DBA RESILIA
3014 DAUPHINE ST STE HNEW ORLEANSLA70117831689096$9,480$0CREATION OF A PLATFORM FOR PARTICIPANTS IN AWBI'S TECHNICAL ASSISTANCE COHORT.
IMPACT PRACTICE ADVISORS LLC
7465 STONEYKIRK CLOSEATLANTAGA30350883648600$8,280$0CREATION OF AN ADVISORY ROLE WITH LEADERSHIP-STRATEGY AND IMPACT ON COHORTS.
EXECUTIVE FINANCIAL PARTNERS LLC
1000 PARKWOOD CIR STE 900ATLANTAGA30339825459324$50,000$0DELIVERING CUSTOMIZED, ACCESSIBLE, AND ACTIONABLE TECHNICAL ASSISTANCE TO BOLSTER ACCESS TO CAPITAL FOR BLACK-OWNED BUSINESSES.
IBEX IT EXPERTS LLC
3295 RIVER EXCHANGE DR SUITE 550NORCROSSGA30092454741180$209,908$0TO CURATE, DEVELOP, AND FACILITATE PROCUREMENT AND SUPPLIER DIVERSITY TRAINING CLASSES AND OTHER COMMUNITY KNOWLEDGE SHARING EVENTS.
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org4TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJANELLE WILLIAMSPersonNm
TitleCO-FOUNDER & CEOTitleTxt
Base Compensation Filing Org$194,061BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$4,064DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$26,388NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$224,513TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS REVIEW THE POLICY ANNUALLY AND SIGN.
FORM 990, PART VI, SECTION B, LINE 15A SPECIAL COMMITTEE OF THE BOARD DETERMINES PAY FOR THE TOP MANAGEMENT OFFICIAL. THE CEO USES COMPENSATION REPORTS AND OTHER HR DATA TO DETERMINE OTHER SALARIES. A COMPENSATION STUDY WAS CONDUCTED AT THE END OF 2023.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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