Fintech Atlanta Inc
- Assets
- $112.7k
- Revenue
- $101.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 81-5146743
Organization Overview
Fintech Atlanta Inc is located in Atlanta, GA. The organization was established in 2018. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fintech Atlanta Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Fintech Atlanta Inc generated $101.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $101.5k during the year ending 12/2021. 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 INFLUENCE POLICY AND INDUSTRY DEVELOPMENT TO CEMENT ATLANTA AS THE RECOGNIZED GLOBAL CAPITAL OF FINANCIAL TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION-WIDE ACCOMPLISHMENTS. - ADDED TWO NEW BOARD MEMBERS, EXPANDING REACH AND DIVERSIFYING BOARD. - HIRED NEW DIRECTOR OF FTA. - HOSTED AN INTERN FROM THE UNIVERSITY OF GEORGIA - TERRY COLLEGE OF BUSINESS. - FUNDRAISING FROM BOARD MEMBERS. - STRATEGIC PLANNING FOR 2022 AND BEYOND. - PROVIDED CONTINUED SUPPORT OF ATLANTA-BASED THOUGHT LEADERS ON MAJOR STAGES INCLUDING MONEY20/20, PARIS FINTECH FORUM, FINTECH SOUTH. INITIATIVE ACCOMPLISHMENTS. INNOVATE WORK GROUP. - HELD 7TH AND 8TH RUN IT BY THE BUYERS (VIRTUAL) EVENT IN SEPTEMBER 2020. TALENT WORK GROUP. - EDUCATION: ENGAGED GARTNER TO HOST A "HOW TO WIN THE WAR ON TALENT" EDUCATIONAL EVENT. - RELATIONSHIP BUILDING: CONTINUED PARTNERSHIPS WITH AREA PARTNERS AND COLLEGES/UNIVERSITIES, INCLUDING THE UNIVERSITY OF GEORGIA, THE UNIVERSITY OF ALABAMA, MERCER AND THE GEORGIA FINTECH ACADEMY. - INCREASED ENGAGEMENT WITH UNIVERSITIES AND STUDENTS THROUGH GUEST SPEAKERS, ON-CAMPUS FINTECH DAYS, STUDENT SUMMITS AND FINTECHOUTH STUDENT SPONSORSHIPS. - EXPERIENTIAL LEARNING PROJECTS: 8 TOTAL PROJECTS IN 2020 (FOR UGA CLASS: FINTECH PRINCIPLES & PRACTICES). - EXPERIENCED HIRES TALENT ACQUISITION INITIATIVE: EXECUTED THE EXPERIENCED HIRES TALENT ACQUISITION INITIATIVE CONNECTING EMPLOYERS WITH EXPERIENCED FINTECH PROFESSIONALS WHO HAVE BEEN LAID OFF AND ARE LOOKING FOR EMPLOYMENT. LIST CAN BE SORTED AND FILTERED BASED ON A VARIETY OF FACTORS, INCLUDING THE NUMBER OF YEARS OF PROFESSIONAL EXPERIENCE, EDUCATION, FUNCTIONAL EXPERTISE AND A PREFERENCE OF PART-TIME VS. FULL-TIME WORK. THE LIST ALSO INCLUDES HYPERLINKS TO EACH INDIVIDUAL'S LINKEDIN PROFILE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Grimes Immediate Past Chair | OfficerTrustee | 0 | $0 |
Jane Elliott Board Chair | OfficerTrustee | 0 | $0 |
Scott Anderson Director | Trustee | 0 | $0 |
Sean Banks Director | Trustee | 0 | $0 |
Peter Atwell Director | Trustee | 0 | $0 |
Sandra Blair Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $101,507 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,202 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,465 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $811 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,869 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $101,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,652 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,652 |
| Accounts payable and accrued expenses | $2,155 |
| Grants payable | $0 |
| Deferred revenue | $110,497 |
| 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 | $0 |
| Total liabilities | $112,652 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $112,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fintech Atlanta Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Thdf Ii Inc Atlanta, GA PURPOSE: To assist local charities | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |