Historic Oakland Foundation Inc is located in Atlanta, GA. The organization was established in 1977. 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 12/2022, Historic Oakland Foundation Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Oakland Foundation 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 12/2022, Historic Oakland Foundation Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 5 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARTNER WITH THE CITY OF ATLANTA TO PRESERVE, RESTORE, ENHANCE, AND SHARE OAKLAND CEMETERY.
Describe the Organization's Program Activity:
HARDSCAPE - HOF'S PRESERVATION STAFF CONTINUED HISTORIC OAKLAND FOUNDATION'S LARGEST PRESERVATION PROJECT TO-DATE IN THE CEMETERY'S EAST HILL COMPLETING THE RESTORATION OF 2 ACRES OF THE 6 ACRE SECTION, INCLUDING 2,000 LINEAR FEET OF RETAINING WALLS. ADDITIONALLY, TIME-SENSITIVE CRITICAL RESTORATION PROJECTS AND FAMILY-FUNDED LOT IMPROVEMENT PROJECTS WERE CONDUCTED. THE NEARLY $2 MILLION REHABILITATION OF THE 1899 OAKLAND BELL TOWER (ARCHITECT: SMITH DALIA ARCHITECTS) WAS COMPLETED WITH A RIBBON CUTTING CEREMONY IN NOVEMBER 2022. THE RESTORATION OF OAKLAND CEMETERY'S ROADS AND GUTTERS WERE INCLUDED IN THE 2022 CITY OF ATLANTA INFRASTRUCTURE BOND THAT PASSED IN MAY 2022. IN ALL OF ITS WORK, HOF'S RESTORATION DEPARTMENT FOLLOWS THE SECRETARY OF THE INTERIOR'S STANDARDS FOR THE TREATMENT OF HISTORIC PROPERTIES.CAPITAL CAMPAIGN - IN 2019, HOF EMBARKED ON A $12.5 MILLION CAPITAL CAMPAIGN TO RESTORE A SIGNIFICANT SECTION OF THE CEMETERY (EAST HILL), RENOVATE THE HISTORIC 1899 OAKLAND BELL TOWER, BUILD A NEW VISITOR'S CENTER AND OFFICES AT THE MAIN GATE, AND ADDRESS VARIOUS SITE INFRASTRUCTURE ISSUES. THE HOF BOARD COMMITTED OVER $1.7 MILLION AND THE CITY OF ATLANTA, THROUGH INVEST ATLANTA, COMMITTED $4.7 MILLION TO START THE CAMPAIGN, FOLLOWED BY VARIOUS FOUNDATIONS. HOF HAS ALREADY COMPLETED THE MAJORITY OF THE EAST HILL RESTORATION PROJECT, THE BELL TOWER REHABILITATION, AND, IN 2023, WILL BREAK GROUND ON THE NEW VISITOR CENTER WITH A SPECIAL ADMINISTRATIVE PERMIT (SAP) APPROVED IN 2022 AND LAND DISTURBANCE PERMIT SUBMITTED.
GARDENS - HOF'S GARDENS DEPARTMENT COMPLETED THE LANDSCAPE RESTORATION IN THE HISTORIC AFRICAN AMERICAN BURIAL GROUNDS (5 YEAR, $600,000 PROJECT) AS WELL AS CONDUCTED SIGNIFICANT NEW INSTALLATION (32 LOTS) ON THE CEMETERY'S EAST HILL. HOF ADDED MORE RESOURCES TO THE GARDENS TEAM TO PROVIDE ADDITIONAL HUMAN RESOURCES TO HANDLE THE FOUNDATION'S INCREASING MAINTENANCE RESPONSIBILITIES. HOF'S PLANT SALES GROSSED $150,000. HOF'S GARDENS DEPARTMENT RESTORES AND ESTABLISHES LANDSCAPE WITH TWO MAIN PRIORITIES: 1) HISTORICAL APPROPRIATENESS, AND 2) SUSTAINABILITY. OAKLAND'S GARDENS REFLECT THE DIVERSITY OF THE VICTORIAN GARDENING TRADITION AND PROVIDE SEASONAL BEAUTY.
PROGRAMMING/EDUCATION - IN 2022, OAKLAND CEMETERY SAW RECORD ATTENDANCE: EXCEEDING 125,000 ANNUAL VISITORS FOR THE FIRST TIME. DRIVEN BY THE FOUNDATION'S STRONG SPECIAL EVENT CALENDAR AND COMMUNITY PROGRAMS, INCLUDING ILLUMINE, CAPTURING THE SPIRIT OF OAKLAND, AND SUNDAY IN THE PARK FT. TUNES FROM THE TOMBS, THE FOUNDATION WELCOMED THOUSANDS OF VISITORS IN 2022. NOTABLY, HOF PARTNERED WITH THE MEXICAN CONSULATE TO HOST A DIA DE MUERTOS (DAY OF THE DEAD) EVENT THAT WELCOMED OVER 9,000 VISITORS IN NOVEMBER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Harker Executive Director | Officer | 40 | $132,252 |
Steve Paro Chairman | OfficerTrustee | 2 | $0 |
Hank Gurley Treasurer | OfficerTrustee | 2 | $0 |
Susan Searcy Sheffield Secretary | OfficerTrustee | 2 | $0 |
Charlotte Christian Director | Trustee | 1 | $0 |
Christopher Leerssen Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jm Wilkerson Construction Co Inc Construction | 12/30/22 | $1,601,901 |
Leija Construction Inc Construction | 12/30/22 | $613,553 |
Smith Dalia Architects Design And Supervision | 12/30/22 | $209,158 |
Cooper Sanchez Landscaping | 12/30/22 | $167,699 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $180,997 |
Fundraising events | $39,226 |
Related organizations | $0 |
Government grants | $701,774 |
All other contributions, gifts, grants, and similar amounts not included above | $2,381,751 |
Noncash contributions included in lines 1a–1f | $761,363 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,303,748 |
Total Program Service Revenue | $87,871 |
Investment income | $106,147 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $12,951 |
Net Gain/Loss on Asset Sales | -$7,516 |
Net Income from Fundraising Events | $487,972 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $42,284 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,060,739 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $149,116 |
Compensation of current officers, directors, key employees. | $74,558 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $952,422 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,676 |
Payroll taxes | $84,385 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $100,948 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $120,207 |
Advertising and promotion | $29,881 |
Office expenses | $11,847 |
Information technology | $25,514 |
Royalties | $0 |
Occupancy | $3,279 |
Travel | $43,612 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $366 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $35,858 |
Insurance | $32,517 |
All other expenses | $0 |
Total functional expenses | $2,677,020 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,840,362 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,096,319 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $32,847 |
Prepaid expenses and deferred charges | $12,096 |
Net Land, buildings, and equipment | $3,078,325 |
Investments—publicly traded securities | $4,130,349 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,190,298 |
Accounts payable and accrued expenses | $209,856 |
Grants payable | $0 |
Deferred revenue | $3,165 |
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 | $124,208 |
Total liabilities | $337,229 |
Net assets without donor restrictions | $4,292,696 |
Net assets with donor restrictions | $7,560,373 |
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 | $12,190,298 |