Artportunity Knocks INC EIN 27-1004474 Form 990 (PDF) Claim this org

Artportunity Knocks INC

Not yet claimed Claim this org →

Empowers youth through camps, afterschool programs, and workshops in STEM, arts, and community service. For fiscal year 2024 it reported $589K in revenue, $808K in expenses, and $-324K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Atlanta, GA
Website
www.artportunityknocks.org
Filings
5 on file (2020–2024)
Revenue
$589KFY2024
Expenses
$808K
Net assets
$-324K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-1004474 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Artportunity Knocks INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers youth through camps, afterschool programs, and workshops in STEM, arts, and community service.
Leadership
Christopher Woods · President & · $91K
Money in and out
$589K revenue, $808K expenses
Bottom line
39% program efficiency
Where the money goes · FY2024
Total revenue
$589K
Pt VIII · Ln 12
Total expenses
$808K
Pt IX · Ln 25
Net assets
$-324K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$219K
Where spending went · Part IX cols B–D
Program services $0.39 Management & general $0.61
Program efficiency
39%
of spending reaches programs▼ -37% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
-37%
revenue over expenses, this year▼ -1280% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$589K
FY2024▼ -40%
Expenses
$808K
FY2024▼ -15%
Total assets
$33K
FY2024▼ -80%
Total liabilities
$357K
FY2024▲ +31%
Total revenue
$589K
Pt VIII · Ln 12
Total expenses
$808K
Pt IX · Ln 25
Net assets
$-324K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$219K
Total assetsPt X · Ln 16$33K
Program-expense ratioPt IX · col B39%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtportunity Knocks INC
EINHdr · item D27-1004474
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.artportunityknocks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFApr 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$91,350Pt VII · Sec A
VP of Develo
$58,851Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Charima
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairwoman
$0Pt VII · Sec A

Christopher Woods’s $91K as President & is at the 84th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christopher Woods$91,350$90,000$77,967$46,366$40,473
Tyneashia Woods$58,851$57,122$70,014$77,469

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Artportunity Knocks INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $315K of program spending, described in the organization's own filed words · FY2024.
01

Boost Program

An invaluable initiative supported by the georgia department of education, the boost program offers more than 700 students tuition-free access to our enriching afterschool and summer programs.

$250Kprogram expense
02

Youth Arts Program

Funded by the fulton county arts council, this program ensures that students have no-cost access to a diverse array of arts education opportunities. By removing financial barriers to participation, we open doors for young people to explore their creativity, develop new skills, and engage in artistic expression in a supportive…

$56Kprogram expense
03

The food program helped serve 105,300+ meals.

$9Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$470K · 80%
Program service revenue$119K · 20%
Contributions & grants80%$470K
Program service revenue20%$119K
Investment income$5
— government grantsLn 1e$360K
Total revenueLn 12$589K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.39 Management & general $0.61
Program services39%$315K
Management & general61%$493K
Total functional expensesLn 25$808K

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$33K
Total liabilitiesLn 26$357K
Total net assetsLn 32$-324K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $808K
0.0 months
Where the money goes
Program services
Program services $315K · Total expenses $808K
39%
Management & General
Management & general $493K · Total expenses $808K
61%
Fundraising
Fundraising $0 · Total expenses $808K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $102K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $470K · Total revenue $589K
80%
Government reliance
Government grants $360K · Total revenue $589K
61%
Earned-income share
Program service revenue $119K · Total revenue $589K
20%
Investment reliance
Investment income $5 · Total revenue $589K
<0.01%
Program self-sufficiency
Program service revenue $119K · Total expenses $808K
15%
Growth & trend
Revenue growth (YoY)
This year $589K · Prior year $986K
-40%
Revenue CAGR
FY2020 $672K · FY2024 $589K
-3%
Net-asset trend (YoY)
End of year $-324K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $589K · Expenses $808K
-37%
Liabilities-to-Assets
Total liabilities — · Total assets $33K
Net-asset ratio
Net assets $-324K · Total assets $33K
-997%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $33K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christopher Woods · Reported title PRESIDENT & · Highest reported compensation $91K · Total expenses $808K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $331K · Total expenses $808K
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 39%
Overhead ratio 61%
Fundraising cost ratio 0%
Revenue growth -40%
Legal fee ratio 0.08%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Artportunity Knocks INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$589K revenue · viewing · ⤓ 990 PDF
FY2023$986K revenue · ⤓ 990 PDF
FY2022$986K revenue · ⤓ 990 PDF
FY2021$384K revenue · ⤓ 990 PDF
FY2020$672K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.