philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Advance Dekalb INC FY2020 filing

Tax-deductible

Decatur, GA501(c)(3)Community Development EIN 83-2190285Revenue $246K in FY2020

On file with the IRSdecidedekalb.com1 W Court Sq Ste 460, 30030-2579 · Decatur, GATax-exempt since Apr 2019Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Advance Dekalb is a 501(c)(3) nonprofit committed to the economic strength of Dekalb county.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
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
5 of 6
filings with a surplus
Average surplus $43K a year · 20% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$416K
87% of total assets
Concern: liabilities are 87% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$246K
-7% vs prior year
Spent
$165K
To programs
100%
Net assets
$61K
By yearFY2018–FY2024
Revenue
$246K
FY2020▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2018$65K
FY2019$266K
FY2020$246K
FY2021$234K
FY2022$198K
FY2023$236K
FY2024$150K
Expenses
$165K
FY2020▼ -53%
Tap a bar for its year
Expenses by fiscal year
FY2018Not on file
FY2019$352K
FY2020$165K
FY2021$128K
FY2022$147K
FY2023$157K
FY2024$122K
Net assets
$61K
FY2020▲ +389%
Tap a bar for its year
Net assets by fiscal year
FY2018$65K
FY2019−$21K
FY2020$61K
FY2021$167K
FY2022$219K
FY2023$298K
FY2024$325K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 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 2019.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $165K Management & general 0% · $145

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

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Kirby Thompson
Vice Chair
$0Pt VII · Sec A
Trey Ragsdale
Secretary
$0Pt VII · Sec A
Al Edwards
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Advance Dekalb INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Programs and updates

Boosts DeKalb County's economic strength through various initiatives.

Questions for Advance Dekalb INC

Tap to ask. Advance Dekalb INC sees how many people are interested.

Your first name shows with your question. Advance Dekalb INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $165K · in their own filed words · FY2020
01

Advance dekalb is supported by public and private investors and civic and business leaders to drive decide dekalb's vision of growing of jobs, businesses, and capital investment; fostering workforce development that integrates companies' needs with training organizations and educational institutions; and implementing a sound…

$165Kprogram 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
Wells Fargo FoundationFY2024$150K
Total grants receivedfrom 1 funder$150K
Grants paid · 1 grant · $25K · 2023–2023
Georgia Film Foundation INCGA · FY2023$25,000

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$246K
Ln 12
Gifts and grantsLn 1h$246K
Money outPt IX
$165K
Ln 25
Programscol B$165K
Managementcol C$145
Owns and owesPt X
$61K
net assets · Ln 32
Cash and savingsLn 1–2$118K
Total assetsLn 16$477K
LiabilitiesLn 26$416K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$246K
Government grantsLn 1e$46K
Total revenueLn 12$246K
Assets in detailPt X, end of year
CashLn 1$118K
Cash and savings togetherLn 1–2$118K
Total assetsLn 16$477K
LiabilitiesLn 26$416K
Net assetsLn 32$61K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
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 FY20End FY20
Cash and savingsLn 1–2$239K$118K
Total assetsLn 16$333K$477K
LiabilitiesLn 26$354K$416K
Net assetsLn 32−$21K$61K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$100K$100K
Other fees for servicesLn 11g$65K$65K
Other expenses (24a–d)Ln 24$145$145
Total functional expensesLn 25$165K$165K$145$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $150K$122K$28K$325K 990 PDF
FY2023 $236K$157K$79K$298K 990 PDF
FY2022 $198K$147K$52K$219K 990 PDF
FY2021 $234K$128K$106K$167K 990 PDF
FY2020 Viewing $246K$165K$82K$61K 990 PDF
FY2019 $266K$352K−$86K−$21K 990 PDF
FY2018 $65K$65K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $246,251 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $265,950$246,251
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $265,950$246,251
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $351,725$164,709
I-18 Total expensesPrior year $351,725$164,709
I-19 Revenue less expensesPrior year −$85,775$81,542
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $246,251 across 4 lines filed
VIII-1e Government grants$45,652
VIII-1f All other contributions, gifts and grants$200,599
VIII-1h Total contributions, gifts and grants$246,251
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$246,251
Part IX · Statement of functional expenses $164,709 across 3 lines filed
IX-11a Management feesPrograms $100,000$100,000
IX-11g Other fees for servicesPrograms $64,564$64,564
IX-24 Other expenses (24a–d)Management $145$145
IX-25 Total functional expensesPrograms $164,564 · Management $145 · Fundraising $0$164,709
Part X · Balance sheet $476,818 assets, 9 lines filed
Asset lines not itemized here account for $100,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $238,712$117,816
X-3 Pledges and grants receivableStart of year $94,000$259,002
X-16 Total assetsStart of year $332,712$476,818
X-17 Accounts payable and accrued expensesStart of year $77,778$140,342
X-24 Unsecured notes and loans payableStart of year $275,920$275,920
X-26 Total liabilitiesStart of year $353,698$416,262
X-27 Net assets without donor restrictionsStart of year −$20,986$60,556
X-32 Total net assets or fund balancesStart of year −$20,986$60,556
X-33 Total liabilities and net assetsStart of year $332,712$476,818
Part XI · Reconciliation of net assets $60,556 net assets at year end
XI-1 Total revenue$246,251
XI-2 Total expenses$164,709
XI-3 Revenue less expenses$81,542
XI-4 Net assets at start of year−$20,986
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$60,556

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

Your org? Add context

Made it to the end? Claim this org

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 pay comparisons above.