Overview
What is Atlanta Realtors Educational Foundation?
The Atlanta Realtors Educational Foundation is a dedicated nonprofit organization situated in Atlanta, Georgia, specifically at 5784 Lake Forest Drive. Its primary mission is to elevate the real estate industry's educational standards in Georgia by offering an extensive range of courses. These courses, available in various formats such as in-person, virtual, and self-study, cater to various needs, including salesperson pre-license, post-license, broker pre-license, continuing education, designations, and community association management. The foundation's commitment to excellence in education is reflected in its provision of the highest educational opportunities to the real estate industry in the state.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating indicates that the Atlanta Realtors Educational Foundation has room for improvement in its accountability and financial practices. While the organization has shown strengths in areas such as having a fully independent board and maintaining a whistleblower policy, it falls short in the area of financial transparency, as evidenced by the absence of financial statements and the lack of a posted tax form on its website.
The foundation demonstrates a strong commitment to following governance best practices, with all eight board members being independent and no material diversion of assets reported. Furthermore, the organization excels with a program expense ratio of 100%, suggesting that all of its expenditures directly support its mission. However, the high liabilities to assets ratio of 71.88% raises concerns about financial stability and sustainability.
Overall, while the Atlanta Realtors Educational Foundation shows promise in governance and program effectiveness, the lack of financial transparency and higher liabilities could be seen as limiting factors. Stakeholders may want to consider these aspects when evaluating the organization's overall impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Atlanta Realtors Educational Foundation legitimate?
Atlanta Realtors Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Realtors Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Atlanta Realtors Educational Foundation?
The Atlanta Realtors Educational Foundation is committed to fostering excellence in education within the real estate industry in Georgia. Their mission is to offer the highest quality educational opportunities, catering specifically to professionals in this field. The foundation operates a real estate school, providing classes in various formats, including in-person, virtual, and self-study. Topics covered range from salesperson prelicense, postlicense, broker prelicense, continuing education, designations, and community association management.
What is the revenue of Atlanta Realtors Educational Foundation?
Atlanta Realtors Educational Foundation's revenue in 2023 was $639,435.
Who are the executives of Atlanta Realtors Educational Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Atlanta Realtors Educational Foundation?
Atlanta Realtors Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Atlanta Realtors Educational Foundation
The Atlanta Realtors Educational Foundation is committed to fostering and enhancing educational excellence within the real estate industry in Georgia. To accomplish this, the foundation provides a wide array of high-quality educational opportunities. Operating a real estate school for both the Atlanta Realtors Association, Inc. and the Atlanta Commercial Board of Realtors, Inc., the foundation offers classes in various formats, including in-person, virtual, and self-study. The curriculum encompasses topics such as salesperson prelicense, postlicense, broker prelicense, continuing education, designations, and community association management. By offering these diverse educational opportunities, the Atlanta Realtors Educational Foundation aims to promote and elevate the real estate industry in Georgia.
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Impact
July, 2024
The Atlanta Realtors Educational Foundation has a significant impact on the real estate industry in Georgia by promoting and enhancing excellence in education. Through its real estate school, the foundation provides high-quality educational opportunities to real estate professionals, including classes on salesperson prelicense, postlicense, broker prelicense, continuing education, designations, and community association management. By offering classes in various formats such as in-person, virtual, and self-study, the foundation ensures accessibility to education for a wide range of individuals. This dedicated focus on education contributes to the professional development and success of those in the real estate industry, ultimately benefiting the community at large.
This information is meant to be a general summary of Atlanta Realtors Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,134
- Program Service Revenue: $699,871
- Gross Receipts: $1,545,505
Assets and Liabilities:
- Total Assets: $5,346,090
- Total Liabilities: $3,842,854
- Net Assets: $1,503,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION RECEIPTS
Revenue
$699,871
Organization Details
Founding Year
1986
Principal Officer
Reggie Mccrary
NTEE Category
Code: S470 - Community improvement
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