Marta Employees Charity Club
- Assets
- $115.0k
- Revenue
- $445.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 58-1576346
Organization Overview
Marta Employees Charity Club is located in Atlanta, GA. The organization was established in 1984. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marta Employees Charity Club 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 12/2021, Marta Employees Charity Club generated $445.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $482.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 3 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 |
|---|---|---|---|
Warren Mcmichael CEO | 40 | $0 | |
Robert Glore Exec Director | 40 | $0 | |
Phyllis Spencer CFO Treasurer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $445,390 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $445,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,695 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,041 |
| Total operating and administrative expenses | $98,736 |
| Contributions, gifts, grants paid | $384,036 |
| Total expenses and disbursements | $482,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,004 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $115,004 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marta Employees Charity Club has awarded $384,036 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MARTA CHARITY CLUB PURPOSE: CHARITABLE CONTRIBUTIONS | $145,273 |
VARIOUS AGENCIES PURPOSE: CHARITABLE CONTRIBUTIONS | $126,452 |
UNITED WAY OF MTRO ATLANTA PURPOSE: CHARITABLE CONTRIBUTION | $77,033 |
COMMUNITY HEALTH CHARITIES OF GA PURPOSE: CHARITABLE CONTRIBUTIONS | $12,914 |
Chantilly, VA PURPOSE: CHARITABLE CONTRIBUTIONS | $10,343 |
GA BLACK UNITED FUND PURPOSE: CHARITABLE CONTRIBUTION | $9,858 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Golf Foundation Inc St Augustine, FL | $15,762,400 | $15,410,319 |
East Carolina University Educational Foundation Inc Greenville, NC | $33,102,129 | $12,018,167 |
The Lpga Foundation Daytona Beach, FL | $9,352,661 | $8,926,297 |
South Carolina Charities Inc Greenville, SC | $911,157 | $3,405,093 |
American Junior Golf Foundation Inc Braselton, GA | $19,641,772 | $5,413,953 |
Uncw Student Aid Association Inc Wilmington, NC | $3,125,370 | $1,638,038 |
First Tee Of Atlanta Inc Atlanta, GA | $2,807,006 | $1,612,147 |
First Tee Of North Flordia Inc Saint Augustine, FL | $828,458 | $1,796,626 |
Alabama Shakespeare Festival Endowment Tr Montgomery, AL | $55,944,765 | $702,964 |
Atlanta Classic Foundation Inc Duluth, GA | $0 | $0 |
Reef Environmental Education Foundation Incorporated Key Largo, FL | $2,620,574 | $1,900,215 |
Tenngreen Land Conservancy Nashville, TN | $19,971,388 | $11,678,938 |