Ati Foundation EIN 84-1623745

Ati Foundation

EIN  84-1623745 Public charity (501(c)(3)) Downers Grove, IL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides medical resources and funding to improve the quality of life for children with physical impairments.
Leadership
Thad Satterfield · President
Money in and out
$135K revenue, $348K expenses
Bottom line
77% program efficiency

Provides medical resources and funding to improve the quality of life for children with physical impairments. For fiscal year 2024 it reported $135K in revenue, $348K in expenses, and $194K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$194K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$213K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.18 Fundraising $0.04
Program efficiency
77%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate▼ -37% vs prior filing year
Surplus margin
-157%
revenue over expenses, this year▲ +65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$135K
FY2024▲ +96%
Expenses
$348K
FY2024▼ -7%
Total assets
$258K
FY2024▼ -42%
Total liabilities
$64K
FY2024▲ +64%
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$194K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$213K
Total assetsPt X · Ln 16$258K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $270K of program spending, described in the organization's own filed words · FY2024.
01

The ati foundation supports children and adults with physical impairments to lead their most fulfilling lives. Funding supports costs associated with medical care, therapies, adaptive equipment, adaptive accommodations, and other resources necessary to enhance and sustain a better quality of life.

$270Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAti Foundation
EINHdr · item D84-1623745
Principal addressHdr · item CDowners Grove, IL
WebsiteHdr · item Jwww.atipt.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFSep 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Vice President/Treasurer (thru Nov 2024)
$0Pt VII · Sec A
Vice President/Secretary
$0Pt VII · Sec A
Excutive Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Ati Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants142%$192K
Investment income$605
Total revenueLn 12$135K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.18 Fundraising $0.04
Program services77%$270K
Management & general18%$64K
Fundraising4%$14K
Total functional expensesLn 25$348K

Balance Sheet

Part X · end of year
CashLn 1$251K
Total assetsLn 16$258K
Total liabilitiesLn 26$64K
Total net assetsLn 32$194K
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $251K · Operating expenses/yr $348K
8.7 months
Where the money goes
Program services
Program services $270K · Total expenses $348K
77%
Management & General
Management & general $64K · Total expenses $348K
18%
Fundraising
Fundraising $14K · Total expenses $348K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $22K · Solicited contributions (3-yr avg) $108K
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $192K · Total revenue $135K
142%
Government reliance
Government grants — · Total revenue $135K
Earned-income share
Program service revenue $0 · Total revenue $135K
0%
Investment reliance
Investment income $605 · Total revenue $135K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $348K
0%
Growth & trend
Revenue growth (YoY)
This year $135K · Prior year $69K
+96%
Revenue CAGR
FY2020 $1.0M · FY2024 $135K
-39%
Net-asset trend (YoY)
End of year $194K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $135K · Expenses $348K
-157%
Liabilities-to-Assets
Total liabilities — · Total assets $258K
Net-asset ratio
Net assets $194K · Total assets $258K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $258K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thad Satterfield · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $348K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $348K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 18%
Fundraising cost ratio 7%
Revenue growth 96%
Legal fee ratio 5%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$10K
Grants paid · 9 grants · $641K · 2020–2024
Unitemized GrantFY2024$135,208
Unitemized GrantFY2023$134,294
Apta Academy of Leadership & InnovationVA · FY2023$25,000
Unitemized GrantFY2021$14,850
Unitemized GrantFY2020$223,158
Unitemized GrantFY2020$90,573

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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)$135K revenue · viewing · ⤓ 990 PDF
FY2023$69K revenue · ⤓ 990 PDF
FY2022$35K revenue · ⤓ 990 PDF
FY2021$107K revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

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