Central Atlanta Progress INC FY2021 filing

Not tax-deductible

Atlanta, GA501(c)(4)EIN 58-0969893

To build a 21st century downtown as the heart of the atlanta region - a vibrant community with strong leadership and sustainable infrastructure that is safe, livable, diverse, economically viable, accessible, clean, hospitable, and entertaining.

5¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $165K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
5%
of spending
Concern: 5% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 20.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.3M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
100
of 105 voting members
Looks good: 100 of 105 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+0.2% vs prior year
Spent
$3.2M
To programs
5%
Net assets
$4.9M
By yearFY2020–FY2024
Revenue
$3.1M
FY2021+0.2%
Revenue by fiscal year
FY2020$3.1M
FY2021$3.1M
FY2022$3.2M
FY2023$3.3M
FY2024$2.5M
Expenses
$3.2M
FY2021▼ -13%
Expenses by fiscal year
FY2020$3.7M
FY2021$3.2M
FY2022$2.9M
FY2023$3.0M
FY2024$3.3M
Net assets
$4.9M
FY2021▲ +4%
Net assets by fiscal year
FY2020$4.8M
FY2021$4.9M
FY2022$4.7M
FY2023$5.4M
FY2024$4.9M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

5 cents of each dollar spent went to programs.

Program services 5% · $165K Management & general 95% · $3.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

106 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$623,249Pt VII · Sec A
VP, Operations, Public Safety
$160,516Pt VII · Sec A
VP, Planning/Economic Dev't
$158,117Pt VII · Sec A
VP, Marketing
$149,555Pt VII · Sec A
Director of Finance and Administration
$115,682Pt VII · Sec A
Project Director, Planning and Urban
$104,908Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Aj Robinson$701,016$685,643$686,512$623,249$632,727
Jennifer Ball$192,512$185,862$177,033$158,117$149,652
Wilma C Sothern—$172,403$163,898$149,555$143,017
David E Wardell———$160,516$158,675
Dana Williams————$151,514
T'Shura Johnson$127,000$115,000———
Joe Evers———$115,682$36,900
Fredalyn Frazier—$115,200———

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.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes the revitalization of downtown Atlanta by providing leadership, infrastructure development, and administrative support services to local community partners.

Provided by the organization

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3 program services account for $165K of program spending, described in the organization's own filed words · FY2021.
01

Marketing

Cap's marketing efforts help to shape positive attitudes about the organization and downtown atlanta among a broad and diverse audience. Impactful tactics range from special events and social media programming to video production and promotional partnerships.

$106Kprogram expense
02

Cap Annual Meeting

At the annual meeting, cap presents ourselves to our members and potential members to show what we have accomplished and what we can do for them. It is our premier showcase event with more than 1,000 attendees. It includes awards for downtown advocates and the installation of new members of the board of directors.

$38Kprogram expense
03

Affiliate Support Services

Provides management and administrative services to affiliate organizations whose purpose is to promote and revitalize downtown atlanta.

$20Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$1.3M
Grants paid · 2 grants · $272K · 2020–2021
Capacity INCGA · FY2020$252,365

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Fees for servicesLn 2g$2.0M
Gifts and grantsLn 1h$930K
Investment incomeLn 3$135K
Money outPt IX
$3.2M
Ln 25
Programscol B$165K
Managementcol C$3.0M
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$5.4M
Total assetsLn 16$6.0M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
106
listed · VII A
PaidVII A6
Voting boardVI 1a105
IndependentVI 1b100
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$930K
Fees for servicesLn 2g$2.0M
Investment incomeLn 3$135K
Other incomeLn 4–11$8K
Gains on assetsLn 7$43K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
SavingsLn 2$5.4M
Cash and savings togetherLn 1–2$5.4M
Land, buildings, equipmentLn 10c$76K
Other assetsLn 15$81K
Total assetsLn 16$6.0M
LiabilitiesLn 26$1.0M
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 520
VolunteersI 6130
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$5.5M$5.4M
Land, buildings, equipmentLn 10c$56K$76K
Total assetsLn 16$5.7M$6.0M
LiabilitiesLn 26$926K$1.0M
Net assetsLn 32$4.8M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Pay of current officers, directors and key staffLn 5$1.1M$1.1M
Other salaries and wagesLn 7$1.2M$1.2M
Pension plan contributionsLn 8$39K$39K
Other employee benefitsLn 9$91K$91K
Payroll taxesLn 10$130K$130K
Other fees for servicesLn 11g$88K$45K$44K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$28K$817$27K
Information technologyLn 14$54K$54K
OccupancyLn 16$162K$162K
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$8K$5K$3K
Depreciation, depletion and amortizationLn 22$13K$13K
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$147K$75K$72K
All other expensesLn 24e$32K$11K$21K
Total functional expensesLn 25$3.2M$165K$3.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.5M$3.3M−$808K$4.9M 990 PDF
FY2023 $3.3M$3.0M$319K$5.4M 990 PDF
FY2022 $3.2M$2.9M$325K$4.7M 990 PDF
FY2021 Viewing $3.1M$3.2M−$91K$4.9M 990 PDF
FY2020 $3.1M$3.7M−$568K$4.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $3,089,217 across 7 lines filed
VIII-1b Membership dues$929,559
VIII-1h Total contributions, gifts and grants$929,559
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,017,393$2,017,393
VIII-3 Investment incomeExcluded from tax $91,474$91,474
VIII-7 Net gain or loss on sales of assetsExcluded from tax $43,237$43,237
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,554$7,554
VIII-12 Total revenueRelated to mission $2,024,947 · Unrelated business $0 · Excluded from tax $134,711$3,089,217
Part IX · Statement of functional expenses $3,180,125 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $20,000$20,000
IX-5 Pay of current officers, directors and key staffManagement $1,105,026$1,105,026
IX-7 Other salaries and wagesManagement $1,219,030$1,219,030
IX-8 Pension plan contributionsManagement $39,171$39,171
IX-9 Other employee benefitsManagement $90,902$90,902
IX-10 Payroll taxesManagement $130,186$130,186
IX-11g Other fees for servicesPrograms $44,758 · Management $43,644$88,402
IX-12 Advertising and promotionPrograms $8,621$8,621
IX-13 Office expensesPrograms $817 · Management $27,457$28,274
IX-14 Information technologyManagement $53,843$53,843
IX-16 OccupancyManagement $162,180$162,180
IX-17 TravelManagement $11,789$11,789
IX-19 Conferences, conventions and meetingsPrograms $5,387 · Management $3,110$8,497
IX-22 Depreciation, depletion and amortizationManagement $13,222$13,222
IX-23 InsuranceManagement $22,265$22,265
IX-24 Other expenses (24a–d)Programs $74,577 · Management $72,045$146,622
IX-24e All other expensesPrograms $10,673 · Management $21,422$32,095
IX-25 Total functional expensesPrograms $164,833 · Management $3,015,292 · Fundraising $0$3,180,125
Part X · Balance sheet $5,979,541 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $5,506,547$5,436,539
X-4 Accounts receivableStart of year $36,587$357,745
X-9 Prepaid expenses and deferred chargesStart of year $12,374$27,566
X-10c Land, buildings and equipment, netStart of year $56,392$76,207
X-15 Other assetsStart of year $81,484$81,484
X-16 Total assetsStart of year $5,693,384$5,979,541
X-17 Accounts payable and accrued expensesStart of year $596,322$678,775
X-19 Deferred revenueStart of year $202,585$231,121
X-25 Other liabilitiesStart of year $126,711$126,711
X-26 Total liabilitiesStart of year $925,618$1,036,607
X-27 Net assets without donor restrictionsStart of year $4,767,766$4,942,934
X-32 Total net assets or fund balancesStart of year $4,767,766$4,942,934
X-33 Total liabilities and net assetsStart of year $5,693,384$5,979,541
Part XI · Reconciliation of net assets $4,942,934 net assets at year end
XI-1 Total revenue$3,089,217
XI-2 Total expenses$3,180,125
XI-3 Revenue less expenses−$90,908
XI-4 Net assets at start of year$4,767,766
XI-5 Net unrealized gains (losses) on investments$266,076
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,942,934

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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