Sandy Springs Innovation And Technology Center
- Assets
- $105.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 81-4686146
Organization Overview
Sandy Springs Innovation And Technology Center is located in Atlanta, GA. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Sandy Springs Innovation And Technology Center 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, Sandy Springs Innovation And Technology Center generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A PUBLIC/PRIVATE PARTNERSHIP ORGANIZED TO PROMOTE SANDY SPRINGS, GEORGIA AS AN INNOVATION AND TECHNOLOGY CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Kelley Treasurer | 10 | $0 | |
Mike Sullivan Secretary | 10 | $0 | |
Lever Stewart Board Member | 10 | $0 | |
Chip Collins Chairman | 10 | $0 | |
Thomas E Mahaffey Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $46,116 |
| Total Revenue | $46,116 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $51,251 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $51,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,441 |
| Other assets | $0 |
| Total assets | $105,407 |
| Total liabilities | $3,800 |
| Net assets or fund balances | $101,607 |
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