The organization seeks to combat Community deterioration and provide relief for the distressed and underprivileged by purchasing, renovating and leasing properties located in the neighborhoods of english avenue, vine city and the surrounding atlanta communities.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$8K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $971K a year · 51% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $59K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$955K
Spent
$455K
To programs
94%
Net assets
$1.5M
By yearFY2021–FY2025
Revenue
$955K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$955K
FY2022$1.1M
FY2023$3.1M
FY2024$2.1M
FY2025$2.2M
Expenses
$455K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$455K
FY2022$643K
FY2023$861K
FY2024$1.3M
FY2025$1.4M
Net assets
$1.5M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$1.5M
FY2022$1.9M
FY2023$4.0M
FY2024$4.4M
FY2025$5.5M

From the FY2021 Form 990 (year ending June 2021) · 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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2017.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $429K Management & general 5% · $24K Fundraising 1% · $3K

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

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Who runs it and what they're paid

10 people listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/Sec
$5,000Pt VII · Sec A
Board Member
$2,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matt Maxwell’s $153K as President/CEO is at the 71st percentile of top reported officer pay among 2036 $1–10M housing 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

NameFY2025FY2023FY2022FY2021
Matt Maxwell$152,654$21,356—$5,000
Jeff-Audry Joseph$55,784$8,542$3,000$2,500

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 Oaksatl Community Development Incorporated executive salaries →

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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 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Renovates and leases properties to combat community deterioration and aid distressed residents.

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Provided by the organization

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1 program · $429K · in their own filed words · FY2020
01

The organization has completed the renovation of 3 affordable apartment complexes on English Ave, totaling 31 units, and they are currently 100% occupied. We have completed our first new residential construction. We provide asset management for 30 properties for the Land Bank.

$429Kprogram expense

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
See all 4 funders →
Grants paid · 4 grants · $98K · 2020–2024
Peace Prepratory Academy INCGA · FY2024$26,993
Peace Prepratory Academy INCGA · FY2022$17,669
Peace Prepratory Academy INCGA · FY2021$33,533
Peace Prep AcademyFY2020$19,900

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$955K
Ln 12
Gifts and grantsLn 1h$749K
Fees for servicesLn 2g$206K
Investment incomeLn 3$68
Money outPt IX
$455K
Ln 25
Programscol B$429K
Managementcol C$24K
Fundraisingcol D$3K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$340K
Total assetsLn 16$3.6M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$749K
Government grantsLn 1e$539K
Fees for servicesLn 2g$206K
Investment incomeLn 3$68
Gains on assetsLn 7−$576
Total revenueLn 12$955K
Assets in detailPt X, end of year
CashLn 1$285K
SavingsLn 2$55K
Cash and savings togetherLn 1–2$340K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.9M
Other assetsLn 15$288K
Total assetsLn 16$3.6M
LiabilitiesLn 26$2.1M
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 59
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$526K$340K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$212K$2.9M
Total assetsLn 16$2.8M$3.6M
LiabilitiesLn 26$1.9M$2.1M
Net assetsLn 32$952K$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$8K$4K$4K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$107K$107K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$25K$25K$831
Payroll taxesLn 10$9K$8K$287
Management feesLn 11a$0
Legal feesLn 11b$526$526
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$679$679
Office expensesLn 13$10K$4K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$961$961
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$50K$50K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$82K$82K
InsuranceLn 23$40K$32K$7K
Other expenses (24a–d)Ln 24$77K$77K
All other expensesLn 24e$24K$20K$2K$2K
Total functional expensesLn 25$455K$429K$24K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.2M$1.4M$866K$5.5M 990 PDF
FY2024 $2.1M$1.3M$812K$4.4M 990 PDF
FY2023 $3.1M$861K$2.2M$4.0M 990 PDF
FY2022 $1.1M$643K$436K$1.9M 990 PDF
FY2021 Viewing $955K$455K$499K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $954,790 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $629,036$749,072
I-9 Program service revenuePrior year $278,890$206,226
I-10 Investment incomePrior year $62,632−$508
I-11 Other revenue$0
I-12 Total revenuePrior year $970,558$954,790
I-13 Grants and similar amounts paidPrior year $7,804$19,900
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $74,029$148,542
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $128,313$286,911
I-18 Total expensesPrior year $210,146$455,353
I-19 Revenue less expensesPrior year $760,412$499,437
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $954,790 across 10 lines filed
VIII-1e Government grants$538,522
VIII-1f All other contributions, gifts and grants$210,550
VIII-1h Total contributions, gifts and grants$749,072
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $206,226$206,226
VIII-3 Investment incomeExcluded from tax $68$68
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$576−$576
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $205,650 · Excluded from tax $68$954,790
Part IX · Statement of functional expenses $455,353 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $19,900$19,900
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $3,750 · Management $3,750$7,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $106,932$106,932
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $24,526 · Management $831$25,357
IX-10 Payroll taxesPrograms $8,466 · Management $287$8,753
IX-11a Management fees$0
IX-11b Legal feesManagement $526$526
IX-11c Accounting feesManagement $1,965$1,965
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionManagement $679$679
IX-13 Office expensesPrograms $3,829 · Management $6,457$10,286
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelFundraising $961$961
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $50,073$50,073
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $82,231$82,231
IX-23 InsurancePrograms $32,362 · Management $7,144$39,506
IX-24 Other expenses (24a–d)Programs $76,814$76,814
IX-24e All other expensesPrograms $20,065 · Management $2,203 · Fundraising $1,602$23,870
IX-25 Total functional expensesPrograms $428,948 · Management $23,842 · Fundraising $2,563$455,353
Part X · Balance sheet $3,571,920 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $516,425$285,032
X-2 Savings and temporary cash investmentsStart of year $10,000$54,968
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $212,345$2,892,505
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $5,035$51,624
X-15 Other assetsStart of year $2,079,915$287,791
X-16 Total assetsStart of year $2,823,720$3,571,920
X-24 Unsecured notes and loans payableStart of year $1,130,565$379,794
X-25 Other liabilitiesStart of year $2,735$42,153
X-26 Total liabilitiesStart of year $1,872,115$2,120,878
X-27 Net assets without donor restrictionsStart of year $941,605$1,441,042
X-28 Net assets with donor restrictionsStart of year $10,000$10,000
X-32 Total net assets or fund balancesStart of year $951,605$1,451,042
X-33 Total liabilities and net assetsStart of year $2,823,720$3,571,920
Part XI · Reconciliation of net assets $1,451,042 net assets at year end
XI-1 Total revenue$954,790
XI-2 Total expenses$455,353
XI-3 Revenue less expenses$499,437
XI-4 Net assets at start of year$951,605
XI-10 Net assets at end of year$1,451,042

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

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