STRATEGY STUDIO / PUBLIC DATA EXPLORER

ATLANTA METROPOLITAN COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ATLANTA METROPOLITAN COLLEGE FOUNDATION INC (EIN 58-1727943)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-02-20
IRS object ID
202600519349301210
Schema version
2024v5.2
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)
Return2026-02-20T07:06:37-08:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN201403280PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FULTON & KOZAK LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17187 JONESBORO RD STE 100AAddressLine1Txt
CityMORROWCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30260ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581727943EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA METROPOLITAN COLLEGE FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCORPORATEDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlATLABusinessNameControlTxt
Phone4047564442PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAMELA CROSSPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2026-02-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHEILA M KOZAK CPAPreparerPersonNm
PTINP00687026PTIN
Phone7709614200PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,016,284GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.atlm.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionThe Foundation operates for the express purpose of supporting Atlanta Metropolitan State College in building endowment and in addressing the academic priorities of the institution, while understanding and supporting AMSCs mission, goals, and priorities. The mission of Atlanta Metropolitan Foundation Inc. is to increase understanding and financial support among the institutions key stakeholders, including alumni, friends and government policy makers, members of the community and philanthropic entities of all types on behalf and in support of Atlanta Metropolitan State College.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$159,018PYContributionsGrantsAmt
CY Contributions Grants$262,121CYContributionsGrantsAmt
PY Program Service Revenue$303,078PYProgramServiceRevenueAmt
CY Program Service Revenue$292,719CYProgramServiceRevenueAmt
PY Investment Income$180,150PYInvestmentIncomeAmt
CY Investment Income$376,955CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$642,246PYTotalRevenueAmt
CY Total Revenue$931,795CYTotalRevenueAmt
PY Grants And Similar Paid$115,221PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$126,582CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,410CYTotalFundraisingExpenseAmt
PY Other Expenses$263,683PYOtherExpensesAmt
CY Other Expenses$241,139CYOtherExpensesAmt
PY Total Expenses$378,904PYTotalExpensesAmt
CY Total Expenses$367,721CYTotalExpensesAmt
PY Revenues Less Expenses$263,342PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$564,074CYRevenuesLessExpensesAmt
Total Assets BOY$9,028,984TotalAssetsBOYAmt
Total Assets EOY$8,912,910TotalAssetsEOYAmt
Total Liabilities BOY$7,725,757TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,332,224TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,303,227NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,580,686NetAssetsOrFundBalancesEOYAmt
MissionThe Foundation operates for the express purpose of supporting Atlanta Metropolitan State College in building endowment and in addressing the academic priorities of the institution, while understanding and supporting AMSCs mission, goals, and priorities. The mission of Atlanta Metropolitan Foundation Inc. is to increase understanding and financial support among the institutions key stakeholders, including alumni, friends and government policy makers, members of the community and philanthropic entities of all types on behalf and in support of Atlanta Metropolitan State College.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$311,795ExpenseAmt
Grant$126,582GrantAmt
Revenue$292,719RevenueAmt
DescSupporting students, faculty and staff while staying true to the mission of the Foundation. This includes scholarships.Desc
Total Program Service Expenses$311,795TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKEEL RICKENBACKERPersonNm
Phone4047564442PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN O'CALLAGHAN
VICE CHAIR1.000.00Yes (X)Yes (X)$0$0$0
PAMELA CROSS
Treasurer1.000.00Yes (X)Yes (X)$0$0$0
JANICE ANDREWS
Secretary1.000.00Yes (X)Yes (X)$0$0$0
SHARMEN GOWENS
Chairman1.000.00Yes (X)Yes (X)$0$0$0
STACY ABRAMS
BOARD MEMBER1.000.00Yes (X)$0$0$0
VERONICA ADADEVOH
BOARD MEMBER1.000.00Yes (X)$0$0$0
LETTY ASHWORTH
BOARD MEMBER1.000.00Yes (X)$0$0$0
VICTORIA DORSEY
BOARD MEMBER1.000.00Yes (X)$0$0$0
LAREESE HOWELL
BOARD MEMBER1.000.00Yes (X)$0$0$0
REGINALD MOORE
BOARD MEMBER1.000.00Yes (X)$0$0$0
JACK HANCOCK
BOARD MEMBER1.000.00Yes (X)$0$0$0
LEISA STAFFORD
BOARD MEMBER1.000.00Yes (X)$0$0$0
TITA STEWART
BOARD MEMBER1.000.00Yes (X)$0$0$0
HENRY J THOMAS
BOARD MEMBER1.000.00Yes (X)$0$0$0
MINI'IMAH SHAHEED
BOARD MEMBER1.000.00Yes (X)$0$0$0
WILLIE A WATKINS
BOARD MEMBER1.000.00Yes (X)$0$0$0
SHEILA TENNEY
Executive Dir.1.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$6,178FundraisingAmt
All Other Contributions$255,943AllOtherContributionsAmt
Total Contributions$262,121TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLEASING INCOMEDesc
Total Revenue Column$292,719TotalRevenueColumnAmt
Related Or Exempt Func Income$292,719RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$292,719TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,472TotalRevenueColumnAmt
Exclusion$14,472ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$6,444,772SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,082,289SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$362,483SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$362,483TotalRevenueColumnAmt
Exclusion$362,483ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$2,200FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$6,178ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,200FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$931,795TotalRevenueColumnAmt
Related Or Exempt Func Income$292,719RelatedOrExemptFuncIncomeAmt
Exclusion$376,955ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$126,582TotalAmt
Program Services$126,582ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$28,156TotalAmt
Management And General$28,156ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$250TotalAmt
Management And General$250ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,285TotalAmt
Management And General$13,285ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$149TotalAmt
Management And General$149ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$157,079TotalAmt
Program Services$157,079ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,075TotalAmt
Program Services$8,038ProgramServicesAmt
Management And General$8,037ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM EXPENSES$19,991$19,991
FUNDRAISING$2,410$2,410
MEALS AND ENTERTAINMENT$1,864$1,864
BANK CHARGES AND FEES$1,505$105$1,400

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$375TotalAmt
Management And General$375ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$367,721TotalAmt
Program Services$311,795ProgramServicesAmt
Management And General$53,516ManagementAndGeneralAmt
Fundraising$2,410FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$277,721BOYAmt
EOY$322,418EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$15,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$683,471BOYAmt
EOY$778,644EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,067,792BOYAmt
EOY$7,796,848EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,028,984BOYAmt
EOY$8,912,910EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,026BOYAmt
EOY$16,487EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,714,731BOYAmt
EOY$7,315,737EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,725,757BOYAmt
EOY$7,332,224EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$869,712BOYAmt
EOY$815,139EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$433,515BOYAmt
EOY$765,547EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,303,227BOYAmt
EOY$1,580,686EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,028,984BOYAmt
EOY$8,912,910EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$564,074ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$286,615NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteefalseAuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,315CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$214,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$274,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$159,018CurrentTaxYearMinus1YearAmt
Current Tax Year$262,121CurrentTaxYearAmt
Total$1,001,346TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,315CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$214,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$274,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$159,018CurrentTaxYearMinus1YearAmt
Current Tax Year$262,121CurrentTaxYearAmt
Total$1,001,346TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$282,642SubstantialContributorsTotAmt
Public Support Total170$718,704PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,476CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,367CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,072CurrentTaxYearMinus1YearAmt
Current Tax Year$14,472CurrentTaxYearAmt
Total$66,892TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,068,238TotalSupportAmt
Gross Receipts Rltd Activities$1,801,678GrossReceiptsRltdActivitiesAmt
Public Support CY1700.67280PublicSupportCY170Pct
Public Support PY1700.65500PublicSupportPY170Pct
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

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$692,471BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$81,173InvestmentEarningsOrLossesAmt
End Year Balance$778,644EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$593,086BeginningYearBalanceAmt
Contributions$14,911ContributionsAmt
Investment Earnings Or Losses$84,474InvestmentEarningsOrLossesAmt
End Year Balance$692,471EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$542,698BeginningYearBalanceAmt
Investment Earnings Or Losses$50,388InvestmentEarningsOrLossesAmt
End Year Balance$593,086EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$605,424BeginningYearBalanceAmt
Contributions$9,000ContributionsAmt
Investment Earnings Or Losses-$71,726InvestmentEarningsOrLossesAmt
End Year Balance$542,698EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$467,184BeginningYearBalanceAmt
Investment Earnings Or Losses$138,240InvestmentEarningsOrLossesAmt
End Year Balance$605,424EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.28620BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71380PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd
Total Book Value Securities$778,644TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
ASSETS LIMITED AS TO USE$408,039
NET INVESTMENT IN DIRECT FINANCING LEASE$7,388,809
FieldValueIRS element (for citing)
Total Book Value Other Assets$7,796,848TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$686,643TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$286,615NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$41,463DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$245,152RevenueNotReportedAmt
Revenue Subtotal$931,795RevenueSubtotalAmt
Total Revenue Per Form990$931,795TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$409,184TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$41,463DonatedServicesUseFcltsAmt
Expenses Not Reported$41,463ExpensesNotReportedAmt
Expenses Subtotal$367,721ExpensesSubtotalAmt
Total Expenses Per Form990$367,721TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationThe Foundation follows the statutory requirements for it's income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to the Foundation's tax exempt status would not have a material effect on the Foundation's consolidated financial statements.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA METROPOLITAN COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
Recipient EIN581190222RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$126,582CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantOPERATIONAL SUPPORT,GAP SCHOLARSHIPPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceAdditional Supplemental InformationFormAndLineReferenceDesc
ExplanationTHE MAJORITY OF SCHOLARSHIPS ARE AWARDED BY THE INSTITUTION AS "NEEDS BASED SCHOLARSHIPS" BASED ON FINANCIAL NEED THESE SCHOLARSHIPS ARE REFERRED TO AS "GAP SCHOLARSHIPS AND ARE DETERMINED BY STUDENTS ACCOUNTS VIA THE REVIEW OLD STUDENT BALANCES. VERY FEW SCHOLARSHIPS ARE PROVIDED OTHERWISE UNLESS DONOR-SPECIFIED. IF A DONOR CONTRIBUTES FUNDS FOR A SPECIFIC SCHOLARSHIP, AN INTERNAL COMMITTEE IS ESTABLISHED TO SELECT FINALISTS VIA AN APPLICATION PROCESS. THE FINALISTS ARE THEN SENT TO THE DONOR'S EXTERNAL COMMITTEE TO SELECT THE WINNERS.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1DEV AUTH OF FULTON COBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN581506787BondIssuerEIN
CUSIP36005FHJ1CUSIPNum
Bond Issued2001-06-15BondIssuedDt
Issue Price$9,154,216IssuePriceAmt
PurposeREFINANCE 2011 BONDSPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$1,140,000RetiredAmt
Total Proceeds$9,154,216TotalProceedsAmt
Issuance Costs From Proceeds$193,769IssuanceCostsFromProceedsAmt
Other Spent Proceeds$8,960,447OtherSpentProceedsAmt
Refunding Tax Exempt BondsYes (true)RefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadefalseFinalAllocationMadeInd
Adequate Books And Rec MaintfalseAdequateBooksAndRecMaintInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 4The by-laws were updated to remove the foundation status details, add the mission statement,change the terms of election to Trustee Emeriti status,to add an availabe office of the board, and make minor changes to wording.
Form 990, Part VI, Section B, Line 11bA copy of the 990 is provided to the Chair and Treasurer for review and signature (by treasurer). The Treasurer presents as an information item to the Finance Committee and the full board.
Form 990, Part VI, Section B, Line 12cCOI forms are completed by Board at the beginning of each year and kept on file. Current status is communicated to the Board during meetings and through email.
Form 990, Part VI, Section C, Line 19The organization's accountant provides a copy of form 990 specifically for public inspection.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMC CAMPUS PROJECT I LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesLEASING TO ATLANTA METROPOLITAN STATE COLLEGEPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Total Income$292,719TotalIncomeAmt
End Of Year Assets$7,388,809EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA METROPOLITAN COLLEGE FOUNDATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA METROPOLITAN COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11630 METROPOLITAN PKWY SWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd