Atlanta Committee For Progress Inc
Atlanta Committee For Progress Inc consistently generates over $1 million in revenue with no reported officer compensation.
EIN: 201216496 · Atlanta, GA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $825K |
| Program Spending | 80% |
| Net Assets | $1.7M |
| Transparency Score | 75/100 |
Is Atlanta Committee For Progress Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlanta Committee For Progress Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlanta Committee For Progress Inc
Atlanta Committee For Progress Inc (EIN: 201216496) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $1.8M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlanta Committee For Progress Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlanta Committee For Progress Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $825K |
| Surplus / Deficit | +$515K |
| Total Assets | $1.7M |
| Total Liabilities | $33K |
| Net Assets | $1.7M |
| Operating Margin | 38.4% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 25.2 months |
Financial Health Grade: A
In 2023, Atlanta Committee For Progress Inc reported a surplus of $515K with revenue exceeding expenses, holds 25.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Atlanta Committee For Progress Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.9% | -52.6% | +46.1% |
| 2022 | +13.2% | +6.0% | +1.5% |
| 2021 | +16.0% | +11.9% | -6.9% |
| 2020 | +14.0% | +37.7% | -9.3% |
| 2019 | -19.6% | +4.1% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlanta Committee For Progress Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Atlanta Committee For Progress Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $515K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue, suggesting either a fully volunteer executive team or that executive compensation is categorized differently within the filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Atlanta Committee For Progress Inc's IRS 990 filings:
- Lack of detailed spending breakdown in provided data
- Unusually consistent 0% officer compensation across all filings, warranting further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for Atlanta Committee For Progress Inc:
- Consistent revenue generation, averaging over $1 million annually.
- Strong asset growth, indicating financial stability and accumulation of resources.
- Generally operates with a financial surplus, as seen in 2023 with revenue of $1,340,000 exceeding expenses of $825,036.
- Low liabilities relative to assets, suggesting good financial health (e.g., $33,389 liabilities vs. $1,730,101 assets in 2023).
Frequently Asked Questions about Atlanta Committee For Progress Inc
Is Atlanta Committee For Progress Inc a legitimate charity?
Atlanta Committee For Progress Inc (EIN: 201216496) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Atlanta Committee For Progress Inc spend its money?
Atlanta Committee For Progress Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Atlanta Committee For Progress Inc tax-deductible?
Atlanta Committee For Progress Inc is registered as a tax-exempt nonprofit (EIN: 201216496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Atlanta Committee For Progress Inc's spending goes to programs?
Atlanta Committee For Progress Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Atlanta Committee For Progress Inc located?
Atlanta Committee For Progress Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 201216496.
How many years of IRS 990 filings does Atlanta Committee For Progress Inc have?
Atlanta Committee For Progress Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Atlanta Committee For Progress Inc a good charity?
Based on the available data, the organization appears financially stable with consistent revenue and growing assets. The reported 0% officer compensation is a positive indicator for resource allocation, assuming it reflects actual practice. However, without detailed program spending data, a full assessment of its charitable impact and efficiency is limited.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses effectively, often operating with a surplus. For example, in 2023, revenue was $1,340,000 while expenses were $825,036. However, there have been periods of deficit spending, such as in 2021 ($1,555,000 revenue vs. $1,643,111 expenses) and 2020 ($1,340,000 revenue vs. $1,468,402 expenses).
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $82,405 in 2015 to $2,142,549 currently, indicating financial growth and stability.
Filing History
IRS 990 filing history for Atlanta Committee For Progress Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlanta Committee For Progress Inc's revenue has grown by 85.9%, moving from $721K to $1.3M. Total assets increased by 553.5% over the same period, from $265K to $1.7M. Total functional expenses rose by 29.2%, from $639K to $825K. In its most recent filing year (2023), Atlanta Committee For Progress Inc reported a surplus of $515K, with revenue exceeding expenses. The organization holds $33K in liabilities against $1.7M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $825K | $1.7M | $33K | — | View 990 |
| 2022 | $1.8M | $1.7M | $1.2M | $2K | — | View 990 |
| 2021 | $1.6M | $1.6M | $1.2M | $3K | — | View 990 |
| 2020 | $1.3M | $1.5M | $1.3M | $949 | — | — |
| 2019 | $1.2M | $1.1M | $1.4M | $2K | — | View 990 |
| 2018 | $1.5M | $1.0M | $1.3M | $9K | — | View 990 |
| 2017 | $1.3M | $745K | $836K | $2K | — | View 990 |
| 2016 | $1.4M | $1.1M | $261K | $1K | — | View 990 |
| 2015 | $896K | $1.1M | $82K | $129K | — | View 990 |
| 2014 | $820K | $934K | $264K | $59K | — | View 990 |
| 2013 | $691K | $656K | $371K | $52K | — | View 990 |
| 2012 | $688K | $618K | $335K | $50K | — | View 990 |
| 2011 | $721K | $639K | $265K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $825K, and assets of $1.7M (revenue -23.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $1.2M (revenue +13.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $1.2M (revenue +16.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.5M, and assets of $1.3M (revenue +14.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $1.4M (revenue -19.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.0M, and assets of $1.3M (revenue +10.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $745K, and assets of $836K (revenue -8.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $261K (revenue +60.1% year-over-year).
- 2015: Revenue of $896K, expenses of $1.1M, and assets of $82K (revenue +9.2% year-over-year).
- 2014: Revenue of $820K, expenses of $934K, and assets of $264K (revenue +18.7% year-over-year).
- 2013: Revenue of $691K, expenses of $656K, and assets of $371K (revenue +0.4% year-over-year).
- 2012: Revenue of $688K, expenses of $618K, and assets of $335K (revenue -4.6% year-over-year).
- 2011: Revenue of $721K, expenses of $639K, and assets of $265K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlanta Committee For Progress Inc:
Data Sources and Methodology
This transparency report for Atlanta Committee For Progress Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.