Breakthrough Atlanta INC FY2023 filing

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Offering a six-year college preparatory program for underserved students, and a teaching fellowship for undergraduate students.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
3 of 5
filings with a surplus
Average surplus $5K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
22 mo
of spending, in cash
Plus $2.7M in investments, Pt X · Ln 11–13
Looks good: 22.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 18 voting members
Looks good: 17 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+90% vs prior year
Spent
$1.4M
To programs
69%
Net assets
$4.6M
By yearFY2021–FY2025
Revenue
$2.2M
FY2023▲ +90%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.2M
FY2022$1.1M
FY2023$2.2M
FY2024$2.1M
FY2025$1.2M
Expenses
$1.4M
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$1.4M
FY2024$1.9M
FY2025$2.2M
Net assets
$4.6M
FY2023▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2021$4.9M
FY2022$4.3M
FY2023$4.6M
FY2024$5.1M
FY2025$4.3M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Feb 2021.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $987K Management & general 10% · $137K Fundraising 21% · $303K

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

22 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Breakthrough Atlanta INC executive salaries →

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

Provides a six-year college prep program for underserved students and a teaching fellowship.

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3 programs · $987K · in their own filed words · FY2022
01

High school readiness prepares middle school students for the academic rigor of high school through a six-week summer learning program and saturday enrichment programming throughout the school year.

$720Kprogram expense
02

College prep programming helps high school students and their parents prepare for college admissions through educational workshops, college tours and fairs, college entrance exam preparation, personalized college counseling, application assistance and scholarship opportunities.

$142Kprogram expense
03

The teaching fellowship program provides a paid summer internship for undergraduate students interested in exploring a career in teaching. Teaching fellows serve as the instructors for middle school students during breakthrough's six-week summer learning program.

$124Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$1K
Grants paid · 4 grants · $96K · 2021–2024
Unitemized GrantFY2024$38,561
Unitemized GrantFY2023$30,270
Unitemized GrantFY2022$17,500
Unitemized GrantFY2021$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$793K
Money outPt IX
$1.4M
Ln 25
Programscol B$987K
Managementcol C$137K
Fundraisingcol D$303K
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$6.3M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
22
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$81K
Noncash giftsLn 1g$8K
Fundraising eventsLn 1c$342K
Investment incomeLn 3$793K
Gains on assetsLn 7$708K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$2.7M
Pledges and grants receivableLn 3$342K
Accounts receivableLn 4$527K
Prepaid expenses and deferred chargesLn 9$7K
Land, buildings, equipmentLn 10c$59K
InvestmentsLn 11–13$2.7M
Total assetsLn 16$6.3M
LiabilitiesLn 26$1.7M
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$8K
Share of the $2.7M endowmentSch D 1g0.31%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY23FY22FY21FY20
End of yearLn 1g$2.7M$3.1M$3.7M$2.8M
Given inLn 1b$11K$99K$2.9M
SpentLn 1d–1f$761K$118K$105K$86K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.6M$2.7M
InvestmentsLn 11–13$3.1M$2.7M
Land, buildings, equipmentLn 10c$83K$59K
Total assetsLn 16$4.9M$6.3M
LiabilitiesLn 26$651K$1.7M
Net assetsLn 32$4.3M$4.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$18K$18K
Pay of current officers, directors and key staffLn 5$131K$20K$92K$20K
Other salaries and wagesLn 7$761K$612K$149K
Pension plan contributionsLn 8$30K$18K$11K
Other employee benefitsLn 9$71K$51K$856$20K
Payroll taxesLn 10$68K$45K$10K$14K
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$87K$52K$5K$30K
Advertising and promotionLn 12$31K$2K$29K
Office expensesLn 13$42K$18K$5K$19K
OccupancyLn 16$8K$8K
TravelLn 17$12K$5K$7K$32
Conferences, conventions and meetingsLn 19$4K$4K$38
Depreciation, depletion and amortizationLn 22$24K$24K
InsuranceLn 23$11K$8K$876$3K
Other expenses (24a–d)Ln 24$119K$112K$5K$2K
Total functional expensesLn 25$1.4M$987K$137K$303K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 15, 2026 $1.2M$2.2M−$1.1M$4.3M 990 PDF
FY2024Filed with the IRS May 13, 2025 $2.1M$1.9M$213K$5.1M 990 PDF
FY2023 ViewingFiled with the IRS May 13, 2024 $2.2M$1.4M$760K$4.6M 990 PDF
FY2022Filed with the IRS May 15, 2023 $1.1M$1.2M−$22K$4.3M 990 PDF
FY2021Filed with the IRS May 9, 2022 $1.2M$1.1M$128K$4.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $2,186,951 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,019,012$1,439,440
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $162,770$793,484
I-11 Other revenuePrior year −$31,999−$45,973
I-12 Total revenuePrior year $1,149,783$2,186,951
I-13 Grants and similar amounts paidPrior year $10,000$17,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $115,025$1,061,587
I-16a Professional fundraising feesPrior year $9,600$0
I-17 Other expensesPrior year $1,037,574$347,910
I-18 Total expensesPrior year $1,172,199$1,426,997
I-19 Revenue less expensesPrior year −$22,416$759,954
Part VI · Governance 17 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members17
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-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,186,951 across 9 lines filed
Lines not itemized here account for $9,600 of total revenue; see the IRS return.
VIII-1c Fundraising events$341,577
VIII-1e Government grants$81,150
VIII-1f All other contributions, gifts and grants$1,016,713
VIII-1g Noncash contributions (included above)$7,832
VIII-1h Total contributions, gifts and grants$1,439,440
VIII-3 Investment incomeExcluded from tax $85,190$85,190
VIII-7 Net gain or loss on sales of assetsExcluded from tax $708,294$708,294
VIII-8 Net income from fundraising eventsExcluded from tax −$55,573−$55,573
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $747,511$2,186,951
Part IX · Statement of functional expenses $1,426,997 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $17,500$17,500
IX-5 Pay of current officers, directors and key staffPrograms $19,657 · Management $91,732 · Fundraising $19,657$131,046
IX-7 Other salaries and wagesPrograms $611,904 · Fundraising $149,150$761,054
IX-8 Pension plan contributionsPrograms $18,400 · Fundraising $11,445$29,845
IX-9 Other employee benefitsPrograms $50,806 · Management $856 · Fundraising $19,755$71,417
IX-10 Payroll taxesPrograms $44,794 · Management $9,675 · Fundraising $13,756$68,225
IX-11c Accounting feesManagement $3,305$3,305
IX-11f Investment management feesManagement $8,374$8,374
IX-11g Other fees for servicesPrograms $51,642 · Management $5,393 · Fundraising $29,716$86,751
IX-12 Advertising and promotionPrograms $1,649 · Fundraising $29,148$30,797
IX-13 Office expensesPrograms $18,081 · Management $4,923 · Fundraising $18,589$41,593
IX-16 OccupancyFundraising $7,500$7,500
IX-17 TravelPrograms $5,255 · Management $6,587 · Fundraising $32$11,874
IX-19 Conferences, conventions and meetingsPrograms $3,925 · Fundraising $38$3,963
IX-22 Depreciation, depletion and amortizationPrograms $23,594$23,594
IX-23 InsurancePrograms $7,699 · Management $876 · Fundraising $2,691$11,266
IX-24 Other expenses (24a–d)Programs $112,223 · Management $4,804 · Fundraising $1,866$118,893
IX-25 Total functional expensesPrograms $987,129 · Management $136,525 · Fundraising $303,343$1,426,997
Part X · Balance sheet $6,290,551 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,569,838$2,654,335
X-3 Pledges and grants receivableStart of year $9,500$341,856
X-4 Accounts receivableStart of year $138,005$527,421
X-9 Prepaid expenses and deferred chargesStart of year $8,315$7,466
X-10c Land, buildings and equipment, netStart of year $83,080$59,486
X-12 Other securitiesStart of year $3,140,530$2,699,987
X-16 Total assetsStart of year $4,949,268$6,290,551
X-17 Accounts payable and accrued expensesStart of year $151,420$78,371
X-19 Deferred revenue$21,400
X-25 Other liabilitiesStart of year $499,508$1,564,655
X-26 Total liabilitiesStart of year $650,928$1,664,426
X-27 Net assets without donor restrictionsStart of year $1,112,868$1,406,067
X-28 Net assets with donor restrictionsStart of year $3,185,472$3,220,058
X-32 Total net assets or fund balancesStart of year $4,298,340$4,626,125
X-33 Total liabilities and net assetsStart of year $4,949,268$6,290,551
Part XI · Reconciliation of net assets $4,626,125 net assets at year end
XI-1 Total revenue$2,186,951
XI-2 Total expenses$1,426,997
XI-3 Revenue less expenses$759,954
XI-4 Net assets at start of year$4,298,340
XI-5 Net unrealized gains (losses) on investments−$432,169
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,626,125

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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