Old Fourth Ward Business Association Inc
- Assets
- $47.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/2013
- Data as of
- 06/2022
- EIN
- 46-0644060
Organization Overview
Old Fourth Ward Business Association Inc is located in Atlanta, GA. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Fourth Ward Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Old Fourth Ward Business Association Inc generated $84.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $71.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keaton Hong President | 0 | $0 | |
Emma Tinsley Executive Di | 0 | $0 | |
Adam Kolojejchick-Kotch Director | 0 | $0 | |
Sarah Kim Director | 0 | $0 | |
Kathy Hambrick Director | 0 | $0 | |
Heather Ramirez Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,818 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,888 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,549 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,117 |
| Total expenses | $71,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,911 |
| Other assets | $0 |
| Total assets | $47,911 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Old Fourth Ward Business Association Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Wellstar Atlanta Medical Center Inc Marietta, GA PURPOSE: SPONSORSHIP | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeast Coastal Ocean Observing Regional Association Charleston, SC | $1,939,455 | $5,560,971 |
Goodie Nation Inc Atlanta, GA | $6,929,090 | $12,181,074 |
Better Business Bureau Of Metropoliton Atlanta Inc Atlanta, GA | $4,995,221 | $6,438,546 |
Better Business Bureau Of Nashville Middle Tennessee Inc Nashville, TN | $1,542,443 | $3,414,512 |
Herman J Russell Center For Innovation And Entrepreneurship In Atlanta, GA | $21,225,162 | $9,072,660 |
Better Business Bureau Of Southern Piedmont Inc Matthews, NC | $2,483,072 | $3,109,120 |
Center For Nonprofit Management Inc Nashville, TN | $2,067,333 | $2,514,298 |
The Better Business Bureau Of Metropolitan Birmingham Incorportd Birmingham, AL | $1,159,880 | $2,115,172 |
Institute For Commercialization Of Florida Technology Inc Tampa, FL | $17,091,469 | $342,694 |
Better Business Bureau Of Eastern Nc Inc Raleigh, NC | $1,763,504 | $1,892,051 |
Atlanta Committee For Progress Inc Atlanta, GA | $1,166,579 | $1,555,000 |
First Flight Venture Center Inc Research Triangle Park, NC | $1,951,913 | $2,093,987 |