Power Atlanta Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 852203772 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Power Atlanta Inc?

Power Atlanta Inc is a nonprofit organization committed to enlightening and empowering both youth and adults in the city of Atlanta, focusing on financial literacy. Their primary goal is to support marginalized communities by offering educational resources and assistance, aiming to help them achieve independence. Through their mission, Power Atlanta aims to contribute positively to the Atlanta area, improving the financial knowledge and stability of its residents.


Official website here: www.poweratl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Power Atlanta Inc has achieved a notable Four-Star rating from Charity Navigator, indicating a high level of transparency and operational effectiveness. The overall score reflects a combination of various metrics, with an impressive Impact & Measurement score of 96%, demonstrating the organization's effectiveness in making a tangible difference in the community. Additionally, the Leadership & Adaptability score of 100% highlights exceptional governance and strategic planning.

The organization exhibits strong performance in Culture & Community with a score of 83%, suggesting a positive internal environment and community engagement. This shows that Power Atlanta Inc not only focuses on its mission but also fosters a supportive culture among its stakeholders. Their clearly articulated mission and vision further underscore their commitment to effective philanthropy.

While the organization has received high marks in multiple areas, the relatively lower score in Leadership & Adaptability (14%) may indicate room for improvement in areas such as innovation and response to change. Overall, Power Atlanta Inc demonstrates solid strengths, particularly in impact measurement and leadership, positioning it as a commendable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Power Atlanta Inc legitimate?

Power Atlanta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power Atlanta 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.poweratl.org

What is the mission statement of Power Atlanta Inc?

Power Atlanta Inc's mission is centered around educating and aiding marginalized communities. Their primary objective is to promote financial literacy among youth and adults in these communities, ultimately supporting their journey towards independence. The organization's mission is to educate and assist marginalized communities within an unspecified location, with Atlanta being implied from the context. By providing financial literacy resources, Power Atlanta Inc aims to empower these communities, fostering a pathway towards self-sufficiency.


Official website here: www.poweratl.org

Who is the CEO of Power Atlanta Inc?

Adrienne Gates is the CEO of Power Atlanta Inc The CEO's salary of Power Atlanta Inc is $0 and their total compensation is $0.


Official website here: www.poweratl.org

What is the revenue of Power Atlanta Inc?

Power Atlanta Inc's revenue in 2024 was $346,746.


Official website here: www.poweratl.org

Who are the executives of Power Atlanta Inc and what are their salaries?

There 130 volunteers at Power Atlanta Inc.

Here are 5 key members and their salaries (Power Atlanta Inc's CEO's salary is $0 and their total compensation is $0):


Adrienne Gates (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daishai Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Milam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shabi Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poweratl.org

Where can I find the form 990 for Power Atlanta Inc?

Power Atlanta Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.poweratl.org

Learn more at the official website: www.poweratl.org

Mission Statement of Power Atlanta Inc

Power Atlanta Inc, a nonprofit organization, is dedicated to educating and assisting marginalized communities in the city of Atlanta. Their mission is twofold: to expose and empower both youth and adults in these communities, with a focus on financial literacy. This objective aims to support these individuals on their journey towards independence. By prioritizing financial education, Power Atlanta Inc seeks to equip its beneficiaries with the necessary skills and knowledge to navigate financial challenges effectively, ultimately fostering self-sufficiency.

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Impact




August, 2024

Power Atlanta Inc's impact is directly felt in the marginalized communities of Atlanta by educating and empowering youth and adults on financial literacy. By providing this crucial knowledge, Power Atlanta is facilitating a pathway to independence for individuals who may have otherwise lacked the resources and support needed to achieve financial stability. Through their mission to educate and assist marginalized communities, Power Atlanta is making a tangible difference in the city of Atlanta by equipping individuals with the tools they need to improve their financial well-being and ultimately enhance their quality of life.




This information is meant to be a general summary of Power Atlanta 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.

Revenue
$346,746 (2024)
Expenses
$344,958 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $346,746

Assets and Liabilities:

  • Total Assets: $21,000
  • Total Liabilities: $4,990
  • Net Assets: $16,010

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Organization Details

Founding Year

2020

Principal Officer

Adrienne Gates

NTEE Category

Code: B99 - Education

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