2024-06-17T18:34:06-05:00 2023-07-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-08-01 582554519 ATLANTA YOUTH ACADEMIES FOUNDATION INC ATLA 4043701960 PO BOX 18237 ATLANTA GA 30316 PETER A ROONEY PRESIDENT 4049242680 2024-06-17 1 PETER ROONEY 999009999 1 MARY JO ALEXANDER P00002534 7709558600 2024-06-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PETER A ROONEY PO BOX 18237 ATLANTA GA 30316 3579478 0 X N/A X 2001 GA THE ATLANTA YOUTH ACADEMIES FOUNDATION, INC. EXISTS TO PROVIDE FUNDING FOR THE ATLANTA YOUTH ACADEMY (AYA). AYA EXISTS TO ADVANCE THE KINGDOM OF GOD BY PROVIDING AN EXCELLENT, CHRIST-CENTERED EDUCATION TO LOW-INCOME, URBAN COMMUNITIES. 20 20 0 250 0 0 2577868 3108494 0 0 136301 167347 -22845 52986 2691324 3328827 1980557 2303247 0 0 0 0 0 0 158522 166287 208060 2146844 2511307 544480 817520 11374354 12288429 48125 117303 11326229 12171126 THE ATLANTA YOUTH ACADEMIES FOUNDATION, INC. EXISTS TO PROVIDE FUNDING FOR THE ATLANTA YOUTH ACADEMY (AYA). AYA EXISTS TO ADVANCE THE KINGDOM OF GOD BY PROVIDING AN EXCELLENT, CHRIST-CENTERED EDUCATION TO LOW-INCOME, URBAN COMMUNITIES. 0 0 2303247 2303247 THE ORGANIZATION PROVIDED FINANCIAL AND VOLUNTEER SUPPORT FOR ATLANTA YOUTH ACADEMIES, A PREKINDERGARTEN THROUGH 8TH GRADE SCHOOL SERVING 132 INNER-CITY STUDENTS AND PROVIDING OVER 250 VOLUNTEERS. 2303247 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 GA X ATLANTA YOUTH ACADEMIES INC 4043701960 PO BOX 18237 ATLANTA GA 30316 BO BRIGGS CHAIR 1.00 X X 0 0 0 HEATH MILLIGAN TREASURER/VP 1.00 X X 0 0 0 ERWIN REID VP FOR BUILDING AND GROUND 1.00 X X 0 0 0 BILL RAGLAND JR VP FOR LEADERSHIP AND GOVE 0.50 X X 0 0 0 KIM DAUGHERTY SECRETARY/ VP 0.50 X X 0 0 0 DOUG WESTON TRUSTEE 0.50 X 0 0 0 DWAYNE ELLIS TRUSTEE 0.50 X 0 0 0 JEFF TERRY TRUSTEE 0.50 X 0 0 0 JOHN PEARSON TRUSTEE 0.50 X 0 0 0 LEE BURROWS TRUSTEE 0.50 X 0 0 0 RICHARD WILLINGHAM TRUSTEE 0.50 X 0 0 0 TREE MCGLOWN TRUSTEE 0.50 X 0 0 0 WARREN HARPER TRUSTEE 0.50 X 0 0 0 CHAPMAN WILKINSON TRUSTEE 0.50 X 0 0 0 LYNN OLMERT TRUSTEE 0.50 X 0 0 0 TONYA COURTNEY TRUSTEE 0.50 X 0 0 0 IRA JACKSON TRUSTEE 0.50 X 0 0 0 LISA TOLLIVER TRUSTEE 0.50 X 0 0 0 COURTNEY DIETZ TRUSTEE 0.50 X 0 0 0 PETER ROONEY PRESIDENT 20.00 20.00 X 0 264460 56622 0 264460 56622 0 0 1 0 0 280089 2828405 341992 3108494 170729 170729 12840 16222 -3382 -3382 -3382 287415 280089 234429 52986 52986 3328827 0 0 220333 2303247 2303247 19900 19900 51532 30 51502 59504 26318 33186 5060 5060 19498 19498 SUPPLIES 22064 290 21774 DUES & SUBSCRIPTIONS 20984 20984 EQUIPMENT RENTAL & MAIN 6518 6518 BAD DEBT 3000 3000 2511307 2303247 49538 158522 2058190 1203862 530761 580439 74507 73676 7729700 7729700 12325 15845 3316 3316 0 0 968871 2684907 11374354 12288429 2200 7245 77058 45925 33000 48125 117303 X 9471901 9669319 1854328 2501807 11326229 12171126 11374354 12288429 817520 27377 0 X X 0 1 X 1 0 X X 1 ATLANTA YOUTH ACADEMIES INC 582486405 2 1 2186006 0 1 2186006 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1 ATLANTA YOUTH ACADEMIES FOUNDATION, INC IS ORGANIZED AS A SUPPORTING ORGANIZATION OF ATLANTA YOUTH ACADEMIES, INC. THE FOUNDATION CONTRIBUTED FUNDS TO ATLANTA YOUTH CAMPUS, INC WHICH, ALTHOUGH IS NOT A SUPPORTING ORGANIZATION OF ATLANTA YOUTH ACADEMIES, INC., IS ORGANIZED TO HOLD PROPERTY USED BY ATLANTA YOUTH ACADEMIES, INC INCLUDING THE SCHOOL AND THE RECREATION FACILITY. THERE ALSO IS SOME OVERLAP OF DIRECTORS AND MANAGEMENT. PART IV, SECTION A, LINE 6 THE ATLANTA YOUTH ACADEMIES FOUNDATION, INC. DONATED CASH TOTALING $117,241 TO ATLANTA YOUTH CAMPUS, INC FOR THE PURPOSE OF CONSTRUCTING AND MANAGING A NEW CAMPUS SITE FOR ATLANTA YOUTH ACADEMIES, INC. PART IV, SECTION C, LINE 1 ATLANTA YOUTH ACADEMIES, INC AND ATLANTA YOUTH ACADEMIES FOUNDATION, INC SHARE COMMON MANAGEMENT THROUGH PETER ROONEY, PRESIDENT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1166966 204286 40555 28339 1383468 661816 590803 601678 25515 1166966 569680 30000 85650 23514 661816 565982 3698 569680 520970 50000 -4988 565982 0.16120 0.77620 0.06260 0 0 3316 3316 0 0 X 3356204 27377 27377 3328827 0 3328827 2511307 0 2511307 0 2511307 PART V, LINE 4: THE INTENDED USE OF ENDOWMENT FUNDS IS FOR FUTURE OPERATIONS OF ATLANTA YOUTH ACADEMIES, INC. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A FOUNDATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS THAT PROVIDE GUIDANCE ON WHEN UNCERTAIN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. NO LIABILITY HAS BEEN RECORDED AS OF JULY 31, 2023 AND 2022 DUE TO UNCERTAIN TAX POSITIONS. AUCTION EVENT 567504 280089 287415 12275 55790 20987 145377 567504 280089 287415 12275 55790 20987 145377 234429 52986 1 ATLANTA YOUTH ACADEMIES INC PO BOX 18237 ATLANTA GA 30316 582486405 501(C)(3) 2186006 0 FUND OPERATIONS OF THE SCHOOL ATLANTA YOUTH CAMPUS INC PO BOX 18237 ATLANTA GA 30316 260216203 501(C)(3) 117241 0 FUND BUILDING AND CONSTRUCTION OF SCHOOL 2 0 PART I, LINE 2: FUNDS ARE TRANSFERRED TO ATLANTA YOUTH ACADEMIES, INC. (AYA), AND ATLANTA YOUTH CAMPUS, INC (AYC). DISTRIBUTIONS ARE MADE TO AYA TO FUND PROGRAMS. EACH WEEK, ACCOUNTING STAFF PREPARE A MANIFEST OF EXPENDITURES FOR AYA WHICH IS REVIEWED INTERNALLY. A FUNDING TRANSFER REQUEST IS GENERATED IF NEEDED TO FUND EXPENDITURES. TRANSFERS ARE MONITORED AND RECONCILED AS PART OF MONTHLY BANK RECONCILIATIONS. DISTRIBUTIONS ARE MADE TO AYC TO FUND THE FINANCING OF LAND AND BUILDINGS IN WHICH THE SCHOOL OPERATES. DOCUMENTATION IS PROVIDED TO THE REPORTING ENTITY TO CONFIRM USE OF FUNDS. 0 0 0 0 0 0 0 0 0 PETER ROONEY PRESIDENT 0 264460 0 0 0 0 0 33440 0 23182 0 321082 0 0 X 11 197436 FMV X AUCTION ITEMS 328 144556 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS. FORM 990 PART I LINE 5 AND PART V LINE 2A ATLANTA YOUTH ACADEMIES FOUNDATION, INC. DOES NOT HAVE ANY W-2 EMPLOYEES. EMPLOYEES ARE COMPENSATED BY REPORTING AGENT AND RELATED ORGANIZATION, ATLANTA YOUTH ACADEMIES, INC. EIN 58-2486405. THERE ARE 5 EMPLOYEES THAT PERFORMS SERVICES FOR BOTH THE FILING ORGANIZATION AND REPORTING AGENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AS WELL AS THE FINANCE COMMITTEE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS SIGN AN ANNUAL CONFLICT OF INTEREST POLICY. THIS IS MONITORED BY THE BOARD DEVELOPMENT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL EVALUATION OF THE PRESIDENT AND THE PRESIDENT PREPARES A SELF EVALUATION AS WELL. IN ADDITION, THE BOARD MAINTAINS NOTES AS TO THE SOURCES OF DATA THAT IT USED TO DETERMINE REASONABLE COMPENSATION AND ONE OF THE SOURCES CONSULTED IS GUIDESTAR AND THE ORGANIZATION DETERMINES THAT THE COMPENSATION FOR THE PRESIDENT IS PAID IN LINE WITH OTHER NON-PROFITS OF SIMILIAR SIZE AND GEOGRAPHICAL LOCATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, FORM 990, AND FORM 1023 ARE AVAILABLE UPON REQUEST TO ANYONE WHO REQUESTS THE DOCUMENTS. THE ORGANIZATION TYPICALLY PROVIDES COPIES OF THESE DOCUMENTS TO A NUMBER OF GRANTING AGENCIES AND DONORS AS PART OF THE PACKAGE SUBMITTED FOR GRANT REQUEST OR AS REQUESTED BY DONORS. FORM 990, PART XII, LINE 2C THE PROCESS FOR AUDITOR SELECTION AND AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. ATLANTA YOUTH ACADEMIES INC PO BOX 18237 ATLANTA GA 30316 582486405 SCHOOL: PRE-K - 8TH GRADE GA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0