Atlas Service Corps Inc
- Assets
- $2.6m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 13
- Location
- Washington, DC
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 76-0834735
Organization Overview
Atlas Service Corps Inc, operating under the name Atlas Corps, is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Atlas Corps employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlas Corps 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, Atlas Corps generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP LEADERS, STRENGTHEN ORGANIZATIONS, AND PROMOTE INNOVATION. SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL FELLOWSHIP PROGRAMS: ATLAS CORPS RECRUITS LEADERS FROM AROUND THE WORLD TO SERVE AT U.S. ORGANIZATIONS FOR 6-18 MONTHS. DURING THE FELLOWSHIP, FELLOWS PARTICIPATE IN A TRAINING PROGRAM THAT INCLUDES CLASSROOM BASED ACTIVITIES, DISTANCE LEARNING COURSES, AND ON-THE-JOB TRAINING. AFTER THE FELLOWSHIP, FELLOWS RETURN TO THEIR COUNTRIES TO SHARE THEIR NEWLY ACQUIRED SKILLS, BEST PRACTICES, AND VALUABLE EXPERIENCES WITH A GLOBAL NETWORK OF CHANGEMAKERS. ATLAS CORPS ALSO PARTNERS WITH OTHER ORGANIZATIONS TO IMPLEMENT INTERNATIONAL EXCHANGE PROGRAMS THAT COMPLEMENT ATLAS CORPS' MISSION TO DEVELOP LEADERS, STRENGTHEN ORGANIZATIONS, AND PROMOTE INNOVATION.
VIRTUAL LEADERSHIP INSTITUTE: THE ATLAS CORPS VIRTUAL LEADERSHIP INSTITUTE IS AN ONLINE LEARNING PROFESSIONAL DEVELOPMENT PROGRAM FOR GLOBAL SOCIAL CHANGE LEADERS BASED ON THE ESTABLISHED ATLAS CORPS GLOBAL LEADERSHIP LAB. PARTICIPANTS, KNOWN AS ATLAS CORPS SCHOLARS, ENHANCE THEIR LEADERSHIP SKILLS, BUILD THEIR GLOBAL NETWORKS, AND PREPARE FOR LEADERSHIP IN THEIR HOME COMMUNITIES. THE VIRTUAL LEADERSHIP INSTITUTE FOCUSES ON THREE THEMES: DEVELOPING SELF, DEVELOPING OTHERS, AND LEADING MOVEMENTS. SEE SCHEDULE O FOR CONTINUATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bidjan Nashat CEO Beginning 9/20/21 | Officer | 40 | $56,903 |
Scott Beale CEO Through 1/31/21/director | OfficerTrustee | 40 | $13,453 |
Gretchen Ehle Treasurer | OfficerTrustee | 3 | $0 |
Neil Sumilas Vice Chair | OfficerTrustee | 1 | $0 |
Jordan Tigani Secretary | OfficerTrustee | 2 | $0 |
Whitney Hunter Thomson Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $855,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $744,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,600,347 |
| Total Program Service Revenue | $755,752 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,125 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,385,628 |
| 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. | $70,356 |
| Compensation of current officers, directors, key employees. | $4,412 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $516,422 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,357 |
| Payroll taxes | $51,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,141 |
| Fees for services: Accounting | $92,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $190,563 |
| Advertising and promotion | $13,027 |
| Office expenses | $69,555 |
| Information technology | $7,350 |
| Royalties | $0 |
| Occupancy | $12,166 |
| Travel | $5,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $535 |
| Interest | $9,518 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,147 |
| All other expenses | $0 |
| Total functional expenses | $2,057,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,167,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $243,933 |
| Accounts receivable, net | $116,098 |
| 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 | $55,332 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,307 |
| Total assets | $2,594,418 |
| Accounts payable and accrued expenses | $47,273 |
| Grants payable | $0 |
| Deferred revenue | $328,166 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $279,093 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $245,093 |
| Other liabilities | $90,398 |
| Total liabilities | $990,023 |
| Net assets without donor restrictions | $1,271,395 |
| Net assets with donor restrictions | $333,000 |
| 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 | $2,594,418 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Atlas Service Corps Inc has recieved totaling $799,553.
| Awarding Organization | Amount |
|---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO RUN YEAR TWO OF THE HILTON HUMANITARIAN PRIZE LAUREATE VIRTUAL LEADERSHIP INSTITUTE FOR INDIVIDUALS CURRENTLY WORKING AT PRIZE LAUREATE ORGANIZATIONS. | $220,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO LAUNCH AND RUN A VIRTUAL LEADERSHIP INSTITUTE FOR UP TO 50 INDIVIDUALS (SCHOLARS) WHO CURRENTLY WORK AT PRIZE LAUREATE ORGANIZATIONS. | $210,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: General Nonprofit Support | $160,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $115,231 |
Vilcap Inc Houston, TX PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $45,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turquoise Mountain Foundation Washington, DC | $249,837 | $2,268,147 |
Atlas Service Corps Inc Washington, DC | $2,594,418 | $2,385,628 |
Corporate Council On Africa Washington, DC | $419,162 | $1,976,893 |
Japan-America Society Of Washington Inc Washington, DC | $1,754,963 | $796,032 |
Franklin Center For Global Policy Exchange Washington, DC | $5,390,724 | $1,282,603 |
Overseas Korean Cultural Heritage Foundation Usa Washington, DC | $0 | $371,909 |
Ambazonia Foundation Owings Mills, MD | $11,185 | $636,790 |
Us Center For Chinese Medicine By Bucm Incorporated Rockville, MD | $203,557 | $568,441 |
International Society For Third Sector Research Inc Baltimore, MD | $1,318,848 | $480,141 |
Friends Of The Goethe - Institut In Washington Dc Washington, DC | $96,842 | $0 |
Syriana Ellicott City, MD | $57,567 | $133,797 |
Friends Of The House Of Sweden Washington, DC | $187,202 | $171,702 |