Overview
What is The Atlanta Womens Foundation Inc?
The Atlanta Women's Foundation Inc, based in Atlanta, Georgia, is a nonprofit organization committed to catalyzing positive changes in the lives of women and girls. Their primary mission involves investing in workforce development and job placement programs for low-income women in the metropolitan Atlanta area, specifically in Clayton, Cobb, DeKalb, Fulton, and Gwinnett counties. Over a five-year period, they aim to provide financial support to ten local nonprofit organizations, ultimately impacting approximately 18,000 women. By offering wrap-around services in conjunction with workforce development programs, the foundation aims to combat multiple interrelated issues and eliminate additional barriers to employment. With a workforce of seven individuals, the Atlanta Women's Foundation Inc is dedicated to creating job opportunities, reducing poverty, and fostering lasting returns for families, communities, and nations.
Official website here: www.atlantawomen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Atlanta Women's Foundation Inc. has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With scores of 96 in Accountability & Finance and a perfect 100 in Leadership & Adaptability, the organization demonstrates robust governance and effective resource management. The presence of a fully independent board of 19 members further strengthens its credibility and oversight.
The foundation excels in its financial performance, evidenced by a low liabilities to assets ratio of 26.60% and a high program expense ratio of 67.56%. Its efficient fundraising efforts, with a cost of just $0.19 to raise a dollar, highlight their ability to maximize resources for their mission. The organization has also shown adaptability by providing essential funding during the COVID-19 pandemic, indicating a responsive approach to community needs.
While the organization's strengths are notable, there may be areas for improvement regarding its program expense ratio, which, while solid, could be enhanced for even better service delivery. However, overall, the Atlanta Women's Foundation Inc. stands out as a well-managed nonprofit with a strong impact on its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Atlanta Womens Foundation Inc legitimate?
The Atlanta Womens Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Atlanta Womens Foundation Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $364,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,813
For more financial information, click here
Official website here: www.atlantawomen.org
What is the mission statement of The Atlanta Womens Foundation Inc?
The Atlanta Women's Foundation's mission is to serve as a catalyst for change in the lives of women and girls. Their primary goal is to foster job creation, reduce poverty, and eliminate employment barriers for women in metropolitan Atlanta. By investing in women, they aim to achieve long-lasting benefits for families, communities, and nations. Over a five-year period, the foundation plans to impact at least 18,000 women through its Women's Pathway to Success Program. To achieve this, they will allocate $2.3 million to ten local nonprofit organizations that offer workforce development and job placement programs to low-income women in five counties. These nonprofits are required to provide wrap-around services for their clients, which is an effective strategy to overcome multiple interrelated challenges and further eradicate employment barriers.
Official website here: www.atlantawomen.org
Who is the CEO of The Atlanta Womens Foundation Inc?
Kari B Love is the Ceo of The Atlanta Womens Foundation Inc. The CEO's salary of The Atlanta Womens Foundation Inc is $246,850 and their total compensation is $266,263.
Official website here: www.atlantawomen.org
What is the revenue of The Atlanta Womens Foundation Inc?
The Atlanta Womens Foundation Inc's revenue in 2022 was $2,187,568.
Official website here: www.atlantawomen.org
Who are the executives of The Atlanta Womens Foundation Inc and what are their salaries?
The average compensation at The Atlanta Womens Foundation Inc during 2022 was $110,836. There are 7 employees and 100 volunteers at The Atlanta Womens Foundation Inc.
Here are 23 key members and their salaries (The Atlanta Womens Foundation Inc's CEO's salary is $246,850 and their total compensation is $266,263):
- Compensation: $246,850
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- Other: $19,413
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Official website here: www.atlantawomen.org
Where can I find the form 990 for The Atlanta Womens Foundation Inc?
The Atlanta Womens Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atlantawomen.org
Learn more at the official website: www.atlantawomen.org
Mission Statement of The Atlanta Womens Foundation Inc
The Atlanta Women's Foundation, with a mission to serve as a catalyst for change, aims to significantly impact the lives of women and girls. Their primary focus is on addressing the challenges faced by low-income women in the Metro Atlanta area. To achieve this, the foundation has launched the Women's Pathway to Success Program. This initiative aims to create job opportunities, reduce poverty, and eliminate employment barriers for a minimum of 18,000 women over a five-year period.
To accomplish this goal, the Atlanta Women's Foundation has allocated $2,300,000 over five years to ten local nonprofit organizations. These organizations are tasked with providing workforce development and job placement programs to their clients, who are primarily low-income women residing in Clayton, Cobb, DeKalb, Fulton, and Gwinnett counties. The selected nonprofits are required to offer wrap-around services, a strategy proven to be effective in addressing multiple interrelated issues and eliminating additional barriers to employment. By investing in these nonprofits, the Atlanta Women's Foundation aims to bring about lasting returns for families, communities, and nations.
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Impact
July, 2024
The Atlanta Women's Foundation Inc is making a significant impact through its Women's Pathway to Success Program. This program aims to create job opportunities, reduce poverty, and eliminate barriers to employment for women in metro Atlanta. By investing in women, this initiative is generating lasting benefits for families, communities, and the nation as a whole. Over a five-year period, the program is projected to impact a minimum of 18,000 women. Through providing financial support to local nonprofit organizations offering workforce development and job placement services in five counties, the foundation is actively working to empower women and create positive change in the community.
This information is meant to be a general summary of The Atlanta Womens Foundation Inc. 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 2022.
- Investment Income: $55,812
- Program Service Revenue: $2,250
- Gross Receipts: $2,484,532
Assets and Liabilities:
- Total Assets: $5,172,437
- Total Liabilities: $759,371
- Net Assets: $4,413,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$2,250
Organization Details
Founding Year
1998
Phone
(404) 577-5000Principal Officer
Kari B Love
Main Address
3715 NORTHSIDE PKWY 4-725, ATLANTA, GA, 30327
Website
www.atlantawomen.orgNTEE Category
Code: T30 - Philanthropy
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