BETA

KINDRED FUTURES INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KINDRED FUTURES INC (EIN 46-2239585)
Tax period
2021-01-01 to 2021-12-31
Filed
2023-06-21
IRS object ID
202311729349300331
Schema version
2021v4.2
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)
Return2023-06-21T11:48:56-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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 STREETAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCOURTNEY COLLINSPersonNm
Person TitleCHIEF OPERATING OFFICERPersonTitleTxt
Phone4045371831PhoneNum
Signature2023-06-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCOURTNEYPersonFirstNm
Person LastCOLLINSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIFFANY T ORR CPAPreparerPersonNm
PTINP10559478PTIN
Phone7703948000PhoneNum
Preparation2023-06-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerCOURTNEY COLLINSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1504 FAIR STREETAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,164,844GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATLANTAWEALTHBUILDING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionAWBI EXISTS TO MAKE SHARED PROSPERITY THE ATLANTA WAY BY SUPPORTING THE ENGAGEMENT, CAPACITY, AND LEADERSHIP NECESSARY TO ADDRESS ATLANTA'S RACIAL WEALTH DIVIDE. WE ACTIVELY REIMAGE ECONOMIC REALITIES TO PRODUCE AN OPPORTUNITY-RICH FUTURE FOR ALL.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$179,470PYContributionsGrantsAmt
CY Contributions Grants$2,163,444CYContributionsGrantsAmt
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$1,300CYOtherRevenueAmt
PY Total Revenue$179,470PYTotalRevenueAmt
CY Total Revenue$2,164,744CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$429,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$354,041CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$98,126CYTotalFundraisingExpenseAmt
PY Other Expenses$230PYOtherExpensesAmt
CY Other Expenses$517,169CYOtherExpensesAmt
PY Total Expenses$230PYTotalExpensesAmt
CY Total Expenses$1,300,710CYTotalExpensesAmt
PY Revenues Less Expenses$179,240PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$864,034CYRevenuesLessExpensesAmt
Total Assets BOY$801,425TotalAssetsBOYAmt
Total Assets EOY$2,092,526TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$427,067TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$801,425NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,665,459NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAWBI EXISTS TO MAKE SHARED PROSPERITY THE ATLANTA WAY BY SUPPORTING THE ENGAGEMENT, CAPACITY, AND LEADERSHIP NECESSARY TO ADDRESS ATLANTA'S RACIAL WEALTH DIVIDE. WE ACTIVELY REIMAGE ECONOMIC REALITIES TO PRODUCE AN OPPORTUNITY-RICH FUTURE FOR ALL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$980,433ExpenseAmt
Grant$429,500GrantAmt
DescAWBI 2021 IMPACT HIGHLIGHTSLIKE MANY ORGANIZATIONS, AWBI WAS IMPACTED BY THE COVID-19 PANDEMIC AND FOCUSED ITS EFFORTS IN BOTH 2020 AND 2021 ON SECURING SUPPORT FOR A VARIETY OF SMALL BUSINESSES IN ITS LOCAL COMMUNITY. IN ADDITION TO THIS DEPLOYMENT, AWBI ACCOMPLISHED THE FOLLOWING:2021 PEOPLE- SUPPORTED OVER 400 BUSINESSES THROUGH GRANTS, TECHNICAL ASSISTANCE AND COACHING- DEVELOPED POLICY IN PRACTICE DOCUMENT FOR ATLANTA MAYORAL CANDIDATES- SUPPORTED BEYA SALON STUDIOS IN EXPANSION TO TWO NEW LOCATIONS- PROVIDED A GRANT TO THE KE'NEKT TO CONDUCT COMMUNITY OUTREACH AND COLLECT COMMUNITY INPUT AS AWBI EMBARKS ON ITS RETENTION AND ANTI-DISPLACEMENT STRATEGY2021 CAPITAL- DISTRIBUTED $420,000 ACROSS 14 GRANTS- HELPED BROWN TOY BOX EXECUTE A $2.5M PURCHASE ORDER WITH TARGET- BEGAN PLANNING FOR 2022 CAPITAL CONVENINGS TO EXPAND THE POOL OF CAPITAL AVAILABLE FOR BLACK-OWNED BUSINESSES IN ATLANTA2021 IDEAS- HOSTED THE COMMUNITY WEALTH BUILDING FORUM ON MARCH 25, 2021 WITH MORE THAN 150 ATTENDEES- LAUNCHED THE 1,000 BUSINESSES CAMPAIGN AT THE COMMUNITY WEALTH BUILDING FORUM & DEVELOPED EXECUTIVE SUMMARY, VIDEO AND OTHER CAMPAIGN MATERIALS- LAUNCHED COMMUNITY WEALTH BUILDING COMMITMENT SERIES- PROMOTED COMMUNITY WEALTH BUILDING ONLINE & THROUGH SPEAKING ENGAGEMENTS:- COMPLETED CAPITAL LANDSCAPE ANALYSIS WITH JPMC, NEXT STREET, COMMON FUTURE & PSE- PROMOTED & SUPPORTED GANGSTERS TO GROWERS AS A WORKER-OWNER MODELIN 2023, AWBI WILL LAUNCH ITS NEW STRATEGIC PLAN FOCUSED ON AN INNOVATIVE SOLUTIONS PORTFOLIO MODEL THAT INCLUDES: AFFORDABLE COMMERCIAL REAL ESTATE, DATA ARCHITECTURE, EMPLOYEE OWNERSHIP, PROGRESSIVE PROCUREMENT AND SOCIAL LABS & INNOVATION.Desc
Total Program Service Expenses$980,433TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
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 Fundraising0ProfessionalFundraisingInd
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 Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
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
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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 Line1GRETCHEN FULLERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4045371831PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1504 FAIR STREETAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30313ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ALAN FERGUSON
DIRECTOR2.00Yes (X)$0$0$0
GRACE FRICKS
DIRECTOR2.00Yes (X)$0$0$0
ELLEN MACHT
DIRECTOR2.00Yes (X)$0$0$0
TYLER NICKERSON
DIRECTOR2.00Yes (X)$0$0$0
DALE ROYAL
DIRECTOR2.00Yes (X)$0$0$0
JAMES WAHLS
DIRECTOR2.00Yes (X)$0$0$0
JANELLE WILLIAMS
DIRECTOR2.00Yes (X)$0$0$0
JON THOMPSON
DIRECTOR2.00Yes (X)$0$0$0
LESLEY GRADY
DIRECTOR2.00Yes (X)$0$0$0
NONET SYKES
DIRECTOR2.00Yes (X)$0$0$0
RONALD GALVIN
DIRECTOR2.00Yes (X)$0$0$0
TENE TRAYLOR
DIRECTOR2.00Yes (X)$0$0$0
WILL LAMBE
DIRECTOR2.00Yes (X)$0$0$0
LATRESA MCLAWHORN RYAN
EXECUTIVE DIRECTOR40.00$162,940$0$21,233Yes (X)
COURTNEY COLLINS
COO40.00$63,920$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$226,860TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$21,233TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,082,194GovernmentGrantsAmt
All Other Contributions$81,250AllOtherContributionsAmt
Total Contributions$2,163,444TotalContributionsAmt
Fundraising Gross Income$1,400FundraisingGrossIncomeAmt
Fundraising Direct Expenses$100FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,300TotalRevenueColumnAmt
Exclusion$1,300ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,164,744TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,300ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$429,500TotalAmt
Program Services$429,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$226,860TotalAmt
Program Services$136,116ProgramServicesAmt
Management And General$45,372ManagementAndGeneralAmt
Fundraising$45,372FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$79,291TotalAmt
Program Services$47,575ProgramServicesAmt
Management And General$15,858ManagementAndGeneralAmt
Fundraising$15,858FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,384TotalAmt
Program Services$5,630ProgramServicesAmt
Management And General$1,877ManagementAndGeneralAmt
Fundraising$1,877FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$16,937TotalAmt
Program Services$10,388ProgramServicesAmt
Management And General$3,387ManagementAndGeneralAmt
Fundraising$3,162FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,569TotalAmt
Program Services$12,941ProgramServicesAmt
Management And General$4,314ManagementAndGeneralAmt
Fundraising$4,314FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,282TotalAmt
Program Services$16,141ProgramServicesAmt
Management And General$16,141ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$347,578TotalAmt
Program Services$270,246ProgramServicesAmt
Management And General$77,332ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$51,932TotalAmt
Management And General$25,966ManagementAndGeneralAmt
Fundraising$25,966FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$21,151TotalAmt
Program Services$16,921ProgramServicesAmt
Management And General$4,230ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,585TotalAmt
Management And General$8,585ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,577TotalAmt
Fundraising$1,577FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$23,220TotalAmt
Program Services$18,577ProgramServicesAmt
Management And General$4,643ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$162TotalAmt
Management And General$162ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,986TotalAmt
Program Services$2,389ProgramServicesAmt
Management And General$597ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DUES & SUBSCRIPTIONS$14,884$11,907$2,977
STAFF DEVELOPMENT$10,185$10,185
MISCELLANEOUS$2,627$2,102$525

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,300,710TotalAmt
Program Services$980,433ProgramServicesAmt
Management And General$222,151ManagementAndGeneralAmt
Fundraising$98,126FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$776,425BOYAmt
EOY$1,096,605EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$995,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,083LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$162LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$921EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$801,425BOYAmt
EOY$2,092,526EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$227,067EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$200,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$427,067EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$801,425BOYAmt
EOY$972,959EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$692,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$801,425BOYAmt
EOY$1,665,459EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$801,425BOYAmt
EOY$2,092,526EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$864,034ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Minus1 Year$1,919,839CurrentTaxYearMinus1YearAmt
Current Tax Year$2,273,444CurrentTaxYearAmt
Total$4,193,283TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,919,839CurrentTaxYearMinus1YearAmt
Current Tax Year$2,273,444CurrentTaxYearAmt
Total$4,193,283TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,409,036SubstantialContributorsTotAmt
Public Support Total170$2,784,247PublicSupportTotal170Amt
Total Support$4,193,283TotalSupportAmt
Gross Receipts Rltd Activities$1,300GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,083OtherCostOrOtherBasisAmt
Depreciation$162DepreciationAmt
Book Value$921BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$921TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,164,844TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,164,844RevenueSubtotalAmt
Other Revenues Not Included-$100OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$100RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,164,744TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,300,810TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$100OtherExpensesIncludedAmt
Expenses Not Reported$100ExpensesNotReportedAmt
Expenses Subtotal$1,300,710ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,300,710TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING 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, 2021, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
VILLAGE MICRO FUND
1679 OLYMPIAN WAY SWATLANTAGA30310471748802501(C)(3)$75,000$0TO HELP BROWN TOY BOX EXECUTE ON PURCHASE ORDERS
OUR VILLAGE UNITED
57 FORSYTH ST NW SUITE 250ATLANTAGA30303822964153501(C)(3)$75,000$0TO HELP BROWN TOY BOX EXECUTE ON PURCHASE ORDERS
VILLAGE MICRO FUND
504 FAIR ST SWATLANTAGA30303471748802501(C)(3)$40,000$0TO CULTIVATE FUNDING RELATIONSHIPS, GROW THE CAPACITY OF ITS EARNED REVENUE AND FINE TUNE ITS BUSINESS MODEL.
GOODIE NATION
PO BOX 54244ATLANTAGA30308820768109501(C)(3)$40,000$0TO EXPAND THE ECOSYSTEM OF SERVICES FOR BLACK-OWNED BUSINESSES BY SUPPORTING GOODIE NATION IN HIRING ADDITIONAL STAFF
GROVE PARK FOUNDATION
1566 DONALD LEE HOLLOWELL PKWYATLANTAGA30318821913260501(C)(3)$25,000$0TO SUPPORT BLACK-OWNED BUSINESSES IN SECURING COMMERCIAL SPACE IN GROVE PARK THROUGH THE ACTIVATION OF A COMMERCIAL SITE ON DONALD LEE HOLLOWELL PARKWAY (DLH)
GEORGIA MICRO ENTERPRISE NETWORK INC
504 FAIR ST SWATLANTAGA30313800030897501(C)(3)$50,000$0SUPPORTING THE ADDITION OF A PROGRAM COORDINATOR AND GRANT WRITER, AND THE COMPLETION OF PHASE ONE OF THE BUILD OUT OF THE KE'NEKT'S SPACE IN WESTVIEW.
OUR VILLAGE UNITEDVILLAGE MARKET ATLANTA
675 PONCE DE LEON AVE NE SUITE 225ATLANTAGA30308822964153501(C)(3)$30,000$0SUPPORT BLACK-OWNED BUSINESSES IN ATLANTA IN RECOVERING FROM COVID, GROWING THEIR REVENUES, AND AVOIDING DISPLACEMENT BY PROVIDING ACCESS TO TECHNICAL ASSISTANCE AND COOPERATIVE SPACES, BOTH PHYSICAL AND VIRTUAL THROUGH THE VILLAGE MARKET ATLANTA ECOSYSTEM.
GMEN
504 FAIR ST SWATLANTAGA30313800030897501(C)(3)$20,000$0GREEN PROJECT
PROSPER
324 LAWTON ST SWATLANTAGA30310061837383501(C)(3)$8,500$0TO POSITION 25 BLACK-OWNED BUSINESSES FOR REVENUE GROWTH THROUGH PROSPER'S DIGITAL READINESS SUPPORT
GEORGIA MICROENTERPRISE NETWORK
504 FAIR ST SWATLANTAGA30313800030897501(C)(3)$21,500$0TO CONTINUE ENGAGEMENT OF COMMUNITY PARTNERS AND BUSINESSES TO SUPPORT WESTATL CAMPAIGN
THE KE'NEKT COOPERATIVE
1492 RALPH DAVID ABERNATHY BLVDATLANTAGA30310842593090501(C)(3)$30,000$0OUR "CREATION STATIONS" (WE USED SUPPORT FROM AWBI TO BUILD OUT) ARE DESIGNATED TECHNOLOGY PODS WITHIN THE KE'NEKT COOPERATIVE TO SUPPORT OUR SENIORS, STUDENTS, BLACK BUSINESSES, CREATIVES, MICRO START UPS & SOLOPRENEURS - SUPPORTING THE ONGOING COVID DIGITAL NEEDS OF OUR COMMUNITY.A CRITICAL GAMECHANGER OF OUR COMMUNITY WOULD BE THE FINANCIAL RESOURCES TO ACQUIRE TECHNOLOGY FOR OUR COMMUNITY HUB ALONG WITH THE CAPACITY TO SUPPORT TWO HBCU COOPERATIVE ECONOMIC FELLOWSHIPS WHERE WE COLLABORATE WITH CLARK, SPELMAN OR MOREHOUSE FOR A 9 MONTH FELLOWSHIP PROGRAM.SUITE A

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Independent ConsultantYes (X)IndependentConsultantInd
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)
PersonLATRESA MCLAWHORN RYANPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$162,940BaseCompensationFilingOrgAmt
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$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$21,233NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$184,173TotalCompensationFilingOrgAmt
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 11BTO BE IMPLEMENTED.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS REVIEW THE POLICY EACH YEAR. AS NEEDED, THE POLICY IS REFERENCED WHEN NEEDED DURING BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15AWBI ENGAGES PROFESSIONAL RECRUITING FIRMS TO SUPPORT THIS WORK. COMPENSATION WAS NOTED IN A WRITTEN OFFER LETTER.
FORM 990, PART VI, SECTION C, LINE 19NOT PUBLIC UNLESS REQUESTED.
FORM 990, PART IX, LINE 11GOTHER CONTRACT LABOR: PROGRAM SERVICE EXPENSES 270,246. MANAGEMENT AND GENERAL EXPENSES 77,332. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 347,578.

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