Livable Buckhead
- Assets
- $7.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 18
- Location
- Atlanta, GA
- Founding
- 12/2010
- Data as of
- 12/2023
- EIN
- 27-2402209
Organization Overview
Livable Buckhead is located in Atlanta, GA. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Livable Buckhead employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livable Buckhead is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Livable Buckhead generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
STRIVE TO ENSURE THE LONG-TERM VITALITY AND PROSPERITY OF THE BUCKHEAD COMMUNITY BY WORKING COOPERATIVELY WITH INDIVIDUALS, PUBLIC ENTITIES AND PRIVATE BUSINESSES TO INTEGRATE INTO EVERYDAY LIFE AND BUSINESS SUSTAINABLE STRATEGIES THAT IMPROVE THE ENVIRONMENT AND QUALITY OF LIFE IN THE COMMUNITY. ALSO ENHANCE MOBILITY IN THE BUCKHEAD AREA BY INITIATING AND PROMOTING TRANSPORTATION ALTERNATIVES AND IMPROVEMENTS THROUGH A COORDINATED AND COMPREHENSIVE EFFORT OF PUBLIC AND PRIVATE PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT FUNDING ALLOCATED TO THE PROMOTION OF ALTERNATIVE COMMUTE OPTIONS THAT INCLUDE CARPOOLS, TELEWORKING, BIKING, WALKING AND ADMINISTERING A DISCOUNTED MARTA TRANSIT PROGRAM. LBI PROVIDES PROGRAM ADMINISTRATION, EDUCATION SERVICES, MARKETING, INCENTIVE PROGRAMS, GRANT REPORTING AND HOSTS EVENTS FOCUSED ON ALTERNATIVE COMMUTE OPPORTUNITIES. IN 2023, LBI SOLD APPROXIMATELY 5,685 MARTA PASSES.
BUCKHEAD HAS A HANDFUL OF EXISTING PARKS ALREADY OPERATING WITH THE SUPPORT OF TREMENDOUS LOCAL PARTNERS. LIVABLE BUCKHEAD WORKS TO BRING THESE PARKS TOGETHER TO LEVERAGE ACTIVITIES IN A MANNER THAT WILL SUPPLEMENT THE EXISTING SUPPORT AND SEEK OPPORTUNITIES FOR UNITED GAIN. ALSO, IT WORKS TO DEVELOP NEW PARKS OF VARYING SIZE AND FUNCTION AND TO PROVIDE ASSISTANCE TO COMMUNITY GROUPS WORKING TO SITE PARKS.
PARTY ON THE PATH PROVIDES THE COMMUNITY THE OPPORTUNITY TO LEVERAGE LANDS IN PUBLIC OWNERSHIP TO DEVELOP A COMMUNITY AMENITY THAT WILL PROVIDE LOCAL RECREATIONAL AND SOCIAL OPPORTUNITIES INCLUDING WALKABLE AND BIKABLE CONNECTIONS TO LOCAL SCHOOLS AND THE COMMERCIAL BUSINESS DISTRICT AS WELL AS TO THE ATLANTA BELTLINE.
LIVABLE BUCKHEAD INC. OFFERS OTHER PROGRAM SERVICES TO HELP ENSURE THE LONG-TERM VITALITY AND PROSPERITY OF THE BUCKHEAD COMMUNITY. OUR SERVICES ARE DESIGNED TO WORK COOPERATIVELY WITH INDIVIDUALS, PUBLIC ENTITIES AND PRIVATE BUSINESSES TO INTEGRATE INTO EVERYDAY LIFE AND BUSINESS SUSTAINABLE STRATEGIES THAT IMPROVE THE ENVIRONMENT AND QUALITY OF LIFE IN THE COMMUNITY. OUR SERVICES ALSO INCLUDE THE BETTER BUILDING CHALLENGE PROGRAM, COMMUNITY CARD PROGRAM, GREENSPACE PROGRAM AND OTHER ENVIRONMENTAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Stoner Chairman | OfficerTrustee | 1 | $0 |
Svein Romstad Treasurer | OfficerTrustee | 1 | $0 |
Robin Suggs Secretary | OfficerTrustee | 1 | $0 |
Nancy Bliwise Director | Trustee | 1 | $0 |
Greg Chafee Director | Trustee | 1 | $0 |
Allie Damico Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $241,538 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,781 |
| Noncash contributions included in lines 1a–1f | $38,022 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,319 |
| Total Program Service Revenue | $1,465,579 |
| Investment income | $28,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,825,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,022 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,265 |
| Compensation of current officers, directors, key employees. | $29,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $588,678 |
| Pension plan accruals and contributions | $19,168 |
| Other employee benefits | $96,969 |
| Payroll taxes | $19,393 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $798 |
| Fees for services: Accounting | $22,571 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $440,702 |
| Advertising and promotion | $51,288 |
| Office expenses | $8,423 |
| Information technology | $26,352 |
| Royalties | $0 |
| Occupancy | $66,267 |
| Travel | $2,149 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,172 |
| All other expenses | $3,189 |
| Total functional expenses | $1,809,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $993,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $385,173 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,739 |
| Net Land, buildings, and equipment | $58,000 |
| Investments—publicly traded securities | $191,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,380,761 |
| Total assets | $7,017,985 |
| Accounts payable and accrued expenses | $142,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,761 |
| Total liabilities | $193,010 |
| Net assets without donor restrictions | $1,076,145 |
| Net assets with donor restrictions | $5,748,830 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,017,985 |