Atlanta Police Foundation Inc
Atlanta Police Foundation Inc. consistently spends more than it earns, accumulating significant liabilities despite growing assets.
EIN: 113655936 · Atlanta, GA · NTEE: I11 · Updated: 2026-03-28
Is Atlanta Police Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlanta Police Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlanta Police Foundation Inc
Atlanta Police Foundation Inc (EIN: 113655936) is a nonprofit organization based in Atlanta, GA, classified under NTEE code I11. The organization reported total revenue of $4.3M and total assets of $125.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlanta Police Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlanta Police Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $13.8M |
| Surplus / Deficit | $-10,164,558 |
| Total Assets | $55.0M |
| Total Liabilities | $67.0M |
| Net Assets | $-12,010,431 |
| Operating Margin | -280.2% |
| Debt-to-Asset Ratio | 121.8% |
| Months of Reserves | 47.8 months |
Financial Health Grade: C
In 2023, Atlanta Police Foundation Inc reported a deficit of $10.2M with expenses exceeding revenue, holds 47.8 months of operating reserves (strong position), has a debt-to-asset ratio of 121.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Atlanta Police Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.5% | -2.0% | +73.9% |
| 2022 | -80.8% | +40.1% | +11.7% |
| 2021 | +265.4% | +17.0% | +17.2% |
| 2020 | -69.4% | -14.9% | -7.3% |
| 2019 | +44.5% | +93.6% | +112.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 6120 |
| IRS Ruling Date | 2003 |
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 Police Foundation Inc with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Atlanta Police Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $10.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 121.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive direct compensation from the organization, which is a positive sign for donor confidence regarding executive pay.
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 Police Foundation Inc's IRS 990 filings:
- Consistent deficit spending: Expenses significantly exceed revenue in multiple recent years (e.g., 2023 expenses $13.79M vs. revenue $3.63M).
- Rapidly increasing liabilities: Liabilities grew from $32.99M in 2022 to $66.98M in 2023, indicating potential financial strain or significant debt.
- Lack of detailed spending breakdown: Without specific program, administrative, and fundraising expense figures, efficiency cannot be fully assessed.
Strengths
The following positive indicators were identified for Atlanta Police Foundation Inc:
- Strong asset base: Latest reported assets of $125,303,339 provide a substantial financial foundation.
- No reported officer compensation: Consistent 0% officer compensation across all filings indicates good transparency regarding executive pay.
- History of significant revenue generation: The organization has demonstrated an ability to raise substantial funds in certain years (e.g., $12.1M in 2021, $10.8M in 2019).
Frequently Asked Questions about Atlanta Police Foundation Inc
Is Atlanta Police Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlanta Police Foundation Inc (EIN: 113655936) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Atlanta Police Foundation Inc spend its money?
Atlanta Police Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlanta Police Foundation Inc tax-deductible?
Atlanta Police Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113655936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Atlanta Police Foundation Inc. financially sustainable given its recent spending patterns?
The organization has consistently spent more than its revenue in recent years (e.g., $13.79M expenses vs. $3.63M revenue in 2023), leading to growing liabilities. While it has substantial assets ($125.3M latest), this spending trend raises concerns about long-term financial sustainability without significant changes in revenue or expenditure.
What is the nature of the significant liabilities reported by the organization?
Liabilities have grown substantially, reaching $66,979,288 in 2023. The specific nature of these liabilities (e.g., debt, deferred revenue, capital project financing) is not detailed in the provided data but is a critical factor in understanding the organization's financial health.
How does the organization fund its operations when expenses consistently exceed revenue?
The consistent deficit spending suggests the organization is either drawing down on accumulated reserves from prior profitable years (e.g., 2019, 2017, 2016) or relying on debt and other liabilities to cover operational costs, as indicated by the increasing liabilities.
What caused the significant increase in assets from $54.9M in 2023 to $125.3M in the latest report?
The substantial increase in assets, nearly doubling in a short period, suggests significant capital investments, large donations of property, or other major financial transactions that warrant further investigation to understand the organization's strategic direction.
Filing History
IRS 990 filing history for Atlanta Police Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlanta Police Foundation Inc's revenue has grown by 93.5%, moving from $1.9M to $3.6M. Total assets increased by 7305.7% over the same period, from $742K to $55.0M. Total functional expenses rose by 457.4%, from $2.5M to $13.8M. In its most recent filing year (2023), Atlanta Police Foundation Inc reported a deficit of $10.2M, with expenses exceeding revenue. The organization holds $67.0M in liabilities against $55.0M in assets (debt-to-asset ratio: 121.8%), resulting in net assets of $-12,010,431.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $13.8M | $55.0M | $67.0M | — | — |
| 2022 | $2.3M | $14.1M | $31.6M | $33.0M | — | View 990 |
| 2021 | $12.1M | $10.0M | $28.3M | $18.8M | — | View 990 |
| 2020 | $3.3M | $8.6M | $24.1M | $16.7M | — | View 990 |
| 2019 | $10.8M | $10.1M | $26.0M | $13.3M | — | View 990 |
| 2018 | $7.5M | $5.2M | $12.3M | $331K | — | View 990 |
| 2017 | $10.3M | $8.5M | $10.5M | $824K | — | — |
| 2016 | $11.4M | $6.9M | $9.4M | $1.5M | — | View 990 |
| 2015 | $6.9M | $4.4M | $4.0M | $572K | — | View 990 |
| 2014 | $2.6M | $2.8M | $1.1M | $189K | — | View 990 |
| 2013 | $2.4M | $2.8M | $1.2M | $121K | — | View 990 |
| 2012 | $3.6M | $2.7M | $1.7M | $182K | — | View 990 |
| 2011 | $1.9M | $2.5M | $742K | $97K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $13.8M, and assets of $55.0M (revenue +55.5% year-over-year).
- 2022: Revenue of $2.3M, expenses of $14.1M, and assets of $31.6M (revenue -80.8% year-over-year).
- 2021: Revenue of $12.1M, expenses of $10.0M, and assets of $28.3M (revenue +265.4% year-over-year).
- 2020: Revenue of $3.3M, expenses of $8.6M, and assets of $24.1M (revenue -69.4% year-over-year).
- 2019: Revenue of $10.8M, expenses of $10.1M, and assets of $26.0M (revenue +44.5% year-over-year).
- 2018: Revenue of $7.5M, expenses of $5.2M, and assets of $12.3M (revenue -26.9% year-over-year).
- 2017: Revenue of $10.3M, expenses of $8.5M, and assets of $10.5M (revenue -9.7% year-over-year).
- 2016: Revenue of $11.4M, expenses of $6.9M, and assets of $9.4M (revenue +65.9% year-over-year).
- 2015: Revenue of $6.9M, expenses of $4.4M, and assets of $4.0M (revenue +159.7% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.8M, and assets of $1.1M (revenue +10.9% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.8M, and assets of $1.2M (revenue -33.6% year-over-year).
- 2012: Revenue of $3.6M, expenses of $2.7M, and assets of $1.7M (revenue +91.4% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.5M, and assets of $742K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlanta Police Foundation Inc:
Data Sources and Methodology
This transparency report for Atlanta Police Foundation 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.