Economic Development Four Athens Inc
- Assets
- $7.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 08/2014
- Data as of
- 12/2019
- EIN
- 46-2598459
Organization Overview
Economic Development Four Athens Inc is located in Athens, GA. The organization was established in 2014. 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. Economic Development Four Athens Inc 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 12/2019, Economic Development Four Athens Inc generated $74.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $88.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
FOUR ATHENS WAS FOUNDED IN 2011, AND BECAME A NON-PROFIT ORGANIZATION IN 2014 TO SUPPORT THE ENTREPRENEURIAL ECOSYSTEM IN ATHENS. WE SUPPORT THIS MISSION THROUGH OUR FOUR PILLARS: TALENT, EDUCATION, COMMUNITY, AND HIGH GROWTH RESOURCES.TALENTWE WORK WITH OUR PARTNERS TO CONNECT THEM WITH TALENT IN THE ATHENS REGION AND HELP FILL OPPORTUNITIES AT OUR MEMBER COMPANIES. HELPING CREATE BETTER PAYING, QUALITY JOBS FOR ATHENS IS ONE OF OUR LONG TERM GOALS.EDUCATIONEDUCATION IS TIED INTO EVERYTHING THAT WE DO. FROM YOUTH CODING CLASSES TO MONTHLY LUNCH AND LEARNS WITH OUR PARTNERS AT ATDC, EDUCATION IN BOTH THE SHORT AND LONG TERM WILL HAVE A TRANSFORMATIVE IMPACT IN THE ATHENS REGION. COMMUNITYFROM THE EARLY DAYS, FOUR ATHENS HAS BEEN BUILT AROUND THE COMMUNITY. WEEKLY HAPPY HOURS, STARTUP STORIES, OPEN HOUSES - A DIVERSE AND INCLUSIVE COMMUNITY IS IN THE LIFEBLOOD OF FOUR ATHENS. WHEN WE SAY ATHENS STARTS HERE, IT WOULD BE ACCURATE TO SAY IT STARTS WITH COMMUNITY.HIGH GROWTH RESOURCESBUILDING AN INNOVATIVE STARTUP IS CHALLENGING - WE'RE HERE TO BRING RESOURCES TO BEAR TO ADDRESS THOSE CHALLENGES. THE UGA IDEA ACCELERATOR, CONNECTIONS TO POTENTIAL FUNDERS AND PARTNERS, AND IN DEPTH MENTORING ARE JUST SOME OF THE TACTICAL RESOURCES WE CONNECT WITH OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilka Mcconnell Director | 0 | $0 | |
David Rowe Director | 0 | $0 | |
Hulet Smith Treasurer | 0 | $0 | |
James Flannery Director | 0 | $0 | |
Jonathan Wallace Secretary | 0 | $0 | |
Jordan Burke Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,515 |
| Total Program Service Revenue | $32,949 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,464 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,117 |
| Professional fees and other payments to independent contractors | $860 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $24 |
| Other expenses | $52,339 |
| Total expenses | $88,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,318 |
| Other assets | $0 |
| Total assets | $7,166 |
| Total liabilities | $6,087 |
| Net assets or fund balances | $1,079 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Economic Development Four Athens Inc has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
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Center For Nonprofit Management Inc Nashville, TN | $2,067,333 | $2,514,298 |
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