Atlanta Project Youth Program INC EIN 84-3371944 Form 990 (PDF) Claim this org

Atlanta Project Youth Program INC

Not yet claimed Claim this org →

Mentors and educates underprivileged Atlanta students. For fiscal year 2024 it reported $534K in revenue, $513K in expenses, and $274K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Atlanta, GA
Filings
5 on file (2020–2024)
Revenue
$534KFY2024
Expenses
$513K
Net assets
$274K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-3371944 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 Atlanta Project Youth Program INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Mentors and educates underprivileged Atlanta students.
Leadership
Joseph S Olsen · President
Money in and out
$534K revenue, $513K expenses
Bottom line
25% program efficiency
Where the money goes · FY2024
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$274K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.25 Management & general $0.17 Fundraising $0.57
Program efficiency
25%
of spending reaches programs▲ +45% vs prior filing year
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate▲ +60% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -85% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$534K
FY2024▼ -20%
Expenses
$513K
FY2024▲ +5%
Total assets
$302K
FY2024▼ -2%
Total liabilities
$28K
FY2024▼ -50%
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$274K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$302K
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $130K of program spending, described in the organization's own filed words · FY2024.
01

Mentoring of Atlanta inner city youths.

$130Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAtlanta Project Youth Program INC
EINHdr · item D84-3371944
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJan 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Atlanta Project Youth Program INC executive salaries →

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

Statement of Revenue

Part VIII
Other revenue$513K · 96%
Contributions & grants$22K · 4%
Other revenue96%$513K
Contributions & grants4%$22K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.17 Fundraising $0.57
Program services25%$130K
Management & general17%$89K
Fundraising57%$295K
Total functional expensesLn 25$513K

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$302K
Total liabilitiesLn 26$28K
Total net assetsLn 32$274K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses/yr $513K
1.6 months
Where the money goes
Program services
Program services $130K · Total expenses $513K
25%
Management & General
Management & general $89K · Total expenses $513K
17%
Fundraising
Fundraising $295K · Total expenses $513K
57%
Cost to raise $1
Fundraising expense (3-yr avg) $299K · Solicited contributions (3-yr avg) $147K
$2.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $534K
4%
Government reliance
Government grants — · Total revenue $534K
Earned-income share
Program service revenue $0 · Total revenue $534K
0%
Investment reliance
Investment income $0 · Total revenue $534K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $513K
0%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $666K
-20%
Revenue CAGR
FY2020 $416K · FY2024 $534K
+6%
Net-asset trend (YoY)
End of year $274K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $513K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $302K
Net-asset ratio
Net assets $274K · Total assets $302K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $302K
0%
People & payroll
Highest Reported Total Compensation
Individual Joseph S Olsen · Reported title President · Highest reported compensation $0 · Total expenses $513K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $259K · Total expenses $513K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 25%
Overhead ratio 17%
Fundraising cost ratio ×15
Revenue growth -20%
Investment management fee ratio 0%
Legal fee ratio 0.05%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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$150K
Grants paid · 1 grant · $40K · 2024–2024
Young LifeCO · FY2024$40,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Atlanta Project Youth Program 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)$534K revenue · viewing · ⤓ 990 PDF
FY2023$666K revenue · ⤓ 990 PDF
FY2022$477K revenue · ⤓ 990 PDF
FY2021$431K revenue · ⤓ 990 PDF
FY2020$416K 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.