Courts Foundation Inc
- Assets
- $0.0
- Revenue
- $270.3k
- Investments
- $35.4m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1972
- Data as of
- 12/2021
- EIN
- 58-6036859
Organization Overview
Courts Foundation Inc is located in Atlanta, GA. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Courts 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 12/2021, Courts Foundation Inc generated $270.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rw Courts II Chairman | 3 | $0 | |
John B Ellis Vice Chairman | 1 | $0 | |
T Bradbury Courts Secretary/treasurer | 1 | $0 | |
Clay L Courts Trustee | 1 | $0 | |
Lynda B Courts Trustee | 1 | $0 | |
Malon W Courts Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,248 |
| Profit on Inventory Sales | $0 |
| Other Income | $131,000 |
| Total Revenue | $270,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,386 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $170,670 |
| Contributions, gifts, grants paid | $2,269,630 |
| Total expenses and disbursements | $2,440,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,798 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,029 |
| Other assets | $9,417 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $181,000 |