Atlanta Beltline Partnership Inc
- Assets
- $62.3m
- Revenue
- $16.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Atlanta, GA
- Founding
- 01/2005
- Data as of
- 06/2023
- EIN
- 56-2464486
Organization Overview
Atlanta Beltline Partnership Inc is located in Atlanta, GA. The organization was established in 2005. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Atlanta Beltline Partnership Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Beltline Partnership 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 06/2023, Atlanta Beltline Partnership Inc generated $16.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $11.7m during the year ending 06/2023. While expenses have increased by 10.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Atlanta Beltline Partnership Inc has awarded 33 individual grants totaling $41,224,073. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ATLANTA BELTLINE THROUGH FUNDRAISING, PROGRAMMING AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENABLE THE PROJECT - UNDERSTANDING THAT BOTH LOCAL AND FEDERAL FUNDING SOURCES ALONE CANNOT COMPLETE THE VAST NETWORK OF PARKS, TRAILS, AND TRANSIT OF THE ATLANTA BELTLINE, THE ORGANIZATION HELPS TO FILL THIS FUNDING GAP BY DEVELOPING RELATIONSHIPS AND SOLICITING INVESTMENT FROM THE PRIVATE SECTOR AND THE PHILANTHROPIC COMMUNITY. THROUGH FISCAL YEAR 2023, THE ORGANIZATION HAS RAISED MORE THAN $150 MILLION OF AN APPROXIMATELY $175 MILLION MULTI-YEAR CAMPAIGN THAT SUPPORTS BELTLINE TRAILS, PARKS, AND PROGRAMS.
ENGAGE THE PUBLIC - THE ATLANTA BELTLINE NEEDS ONGOING PUBLIC SUPPORT THROUGHOUT ITS MULTI-YEAR IMPLEMENTATION. SINCE ITS INCEPTION, THE ORGANIZATION HAS ENGAGED THE PUBLIC TO SUSTAIN THE COMMUNITY SUPPORT, FAVORABLE POLITICAL WILL, AND CONTINUED PHILANTHROPIC INVESTMENT NEEDED TO COMPLETE THE PROJECT. THE WIDE-RANGING PORTFOLIO EDUCATES THE PUBLIC ABOUT THE ATLANTA BELTLINE, MOBILIZES VOLUNTEERS TO CARE FOR AND SUPPORT THE PROJECT, AND ACTIVATES PARKS AND TRAILS THROUGH PROGRAMMING THAT SUPPORTS COMMUNITY HEALTH AND WELLNESS.
EMPOWER THE RESIDENTS - THE ATLANTA BELTLINE PROVIDES PARKS, TRAILS, AND FUTURE TRANSIT THAT IS ATTRACTING PRIVATE INVESTMENT AND CREATING JOBS. IN COLLABORATION WITH ITS PARTNERS, THE ORGANIZATION CONNECTS ATLANTA BELTLINE RESIDENTS WITH RESOURCES TO HELP THEM LIVE, WORK, AND THRIVE. THROUGH PHILANTHROPIC FUNDING, THE ORGANIZATION'S LEGACY RESIDENT RETENTION PROGRAM PAYS PROPERTY TAX INCREASES THROUGH 2030 TO ALLOW AT-RISK HOMEOWNERS TO STAY IN THEIR HOMES AND TO LEVERAGE THE BENEFIT OF RISING PROPERTY VALUES FOR GENERATIONAL WEALTH-BUILDING OUTCOMES. THE ORGANIZATION OFFERS A WIDE ARRAY OF HOME EMPOWERMENT WORKSHOPS BOTH IN-PERSON AND VIRTUALLY TO CONNECT RESIDENTS WITH PARTNERS AND RESOURCES TO HELP THEM STAY IN THEIR HOMES AND MITIGATE DISPLACEMENT PRESSURES. (CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Althea Broughton Director | Trustee | 0.25 | $0 |
Ambrish Baisiwala Director | Trustee | 0.25 | $0 |
Amy Phuong Director | Trustee | 0.25 | $0 |
Andre Anderson Director | Trustee | 0.25 | $0 |
Austin Stephens Director | Trustee | 0.25 | $0 |
Carlos Perez Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atelier7 Llc Construction | 6/29/23 | $429,567 |
Coxe Curry And Associates Fundraising | 6/29/23 | $360,374 |
Village Market Consulting | 6/29/23 | $130,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,777,148 |
| Noncash contributions included in lines 1a–1f | $12,048,547 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,855,148 |
| Total Program Service Revenue | $16,667 |
| Investment income | $88,252 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $320,620 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,204 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,281,891 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,240,025 |
| 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. | $201,001 |
| Compensation of current officers, directors, key employees. | $42,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $507,959 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,498 |
| Payroll taxes | $49,681 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $193,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $302,122 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $844,530 |
| Advertising and promotion | $51,884 |
| Office expenses | $0 |
| Information technology | $53,316 |
| Royalties | $0 |
| Occupancy | $56,921 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,891 |
| Insurance | $8,255 |
| All other expenses | $31,521 |
| Total functional expenses | $11,659,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,482 |
| Savings and temporary cash investments | $25,534,648 |
| Pledges and grants receivable | $21,822,627 |
| Accounts receivable, net | $30,468 |
| 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 | $11,170 |
| Net Land, buildings, and equipment | $14,694,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,069 |
| Total assets | $62,282,613 |
| Accounts payable and accrued expenses | $101,963 |
| Grants payable | $3,138,494 |
| 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 | $110,552 |
| Other liabilities | $2,871,021 |
| Total liabilities | $6,222,030 |
| Net assets without donor restrictions | $12,451,067 |
| Net assets with donor restrictions | $43,609,516 |
| 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 | $62,282,613 |
Grants Awarded
Over the last fiscal year, Atlanta Beltline Partnership Inc has awarded $9,240,025 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA BELTLINE INC PURPOSE: ART ON THE BELTLINE | $213,800 |
FULTON TAX COMMISSIONER PURPOSE: PROPERTY TAX ASSISTANCE | $30,813 |
FULTON TAX COMMISSIONER PURPOSE: ACCRUAL OF ESTIMATED FUTURE PROPERTY TAX ASSISTANCE | $2,124,371 |
ATLANTA BELTLINE INC PURPOSE: CAPITAL PROJECTS | $6,871,041 |