2024-10-18T14:46:10-05:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1075 PEACHTREE STREET NE SUITE 1600 ATLANTA GA 30309 990 2023-01-01 473015082 WESTSIDE FUTURE FUND INC WEST 6783570331 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 JOHN AHMANN PRESIDENT/CEO 4047932670 2024-10-02 1 1 MELANIE MCPEAK P01346034 4042090954 2023 2024-10-15 13:58:12Z JOHN AHMANN 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 14514455 0 X WWW.WESTSIDEFUTUREFUND.ORG X 2015 GA TO ADVANCE A COMPASSIONATE APPROACH TO NEIGHBORHOOD REVITALIZATION THAT CREATES A DIVERSE, MIXED-INCOME COMMUNITY, IMPROVES THE QUALITY OF LIFE FOR CURRENT AND FUTURE RESIDENTS AND ELEVATES THE HISTORIC WESTSIDE'S UNIQUE HISTORY AND CULTURE. 26 26 22 1699 0 0 12237783 10654248 1578400 1641053 -34611 275781 -108381 -93714 13673191 12477368 1736979 1307630 0 0 1260214 1472104 216620 239671 731978 5599586 6888389 8813399 9907794 4859792 2569574 69493317 77625307 36972843 42442305 32520474 35183002 TO ADVANCE A COMPASSIONATE APPROACH TO NEIGHBORHOOD REVITALIZATION THAT CREATES A DIVERSE, MIXED-INCOME COMMUNITY, IMPROVES THE QUALITY OF LIFE FOR CURRENT AND FUTURE RESIDENTS AND ELEVATES THE HISTORIC WESTSIDE'S UNIQUE HISTORY AND CULTURE. 0 0 5124481 608085 1866775 KEY RESEARCH INDICATES THAT THRIVING COMMUNITIES EXCEL ALONG SEVEN DIMENSIONS. OUR WORK IS FOCUSED ON FOUR: QUALITY MIXED-USE HOUSING AND INCOME, SAFETY AND SECURITY, CRADLE TO CAREER EDUCATION, AND COMMUNITY HEALTH AND WELLNESS.MIXED-INCOME COMMUNITIES: THE WESTSIDE'S NEIGHBORHOODS' RICH HISTORY LIVES WITHIN ITS RESIDENTS. TO RESTORE THE STRENGTH OF THESE HISTORIC NEIGHBORHOODS, WE MUST ENSURE THAT CURRENT RESIDENTS ARE ABLE TO STAY HERE FOR GENERATIONS TO COME. THIS WILL BE POSSIBLE THROUGH QUALITY MIXED-INCOME HOUSING, WHICH HELPS TO SUPPORT FAMILIES, NURTURE COMMUNITY, STIMULATE LOCAL BUSINESSES AND ATTRACT NEW RESIDENTS. 402697 402697 CRADLE TO CAREER EDUCATION: TO TRULY TRANSFORM THE WESTSIDE NEIGHBORHOODS AND ENSURE ATLANTA REMAINS COMPETITIVE AS A SOURCE OF TALENT FOR YEARS TO COME, WE MUST PREPARE THE NEXT GENERATION OF ATLANTANS FOR A BRIGHTER FUTURE THAT ALL STARTS WITH ACCESS TO HIGH-QUALITY EDUCATION AS WELL AS SUPPORT FOR CURRENT RESIDENTS THROUGH SERVICES SUCH AS SKILLS ASSESSMENTS, TRAINING AND JOB READINESS PREPARATION. TO ENSURE THAT EACH CHILD BENEFITS FROM CRADLE-TO-CAREER EDUCATION, WE HAVE PARTNERED WITH HOLLIS ACADEMY, AN ATLANTA PUBLIC SCHOOL, TO DOUBLE THE NUMBER OF TEACHERS IN ITS STEM FOCUSED CURRICULUM. 1848715 296848 SAFETY & SECURITY: A STRONG COMMUNITY STARTS WITH RESIDENTS FEELING SAFE. NEIGHBORHOODS THRIVE WHEN RESIDENTS CAN WALK TO SCHOOL, WORK, PARKS OR STORES AND WHEN THEY KNOW AND TRUST THOSE WHO PROTECT AND SERVE THEM.COMMUNITY HEALTH & WELLNESS: THE CONNECTION BETWEEN A COMMUNITY'S ECONOMIC HEALTH AND THE HEALTH OF ITS RESIDENTS HAS BEEN PROVEN TIME AND TIME AGAIN. BY PROVIDING ACCESS TO WELLNESS FACILITIES AND QUALITY PARKS AND GREENSPACE IN WESTSIDE NEIGHBORHOODS, RESIDENTS CAN GET AND STAY HEALTHIER. 7375893 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 58 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MARNI PITTMAN 6783570331 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 T DALLAS SMITH CHAIR 2.00 X X 0 0 0 PETER MUNIZ CO-VICE-CHAIR 2.00 X X 0 0 0 SYLVIA RUSSELL CO-VICE-CHAIR 2.00 X X 0 0 0 LEA KUSCHEL TREASURER 2.00 X X 0 0 0 RODNEY BULLARD SECRETARY 2.00 X X 0 0 0 KENNETH ALEXANDER DIRECTOR 2.00 X 0 0 0 STACEY APTER DIRECTOR 2.00 X 0 0 0 MICHAEL JULIAN BOND DIRECTOR 2.00 X 0 0 0 TOM BONEY DIRECTOR 2.00 X 0 0 0 MARK CHANCY DIRECTOR 2.00 X 0 0 0 MICK COCHRAN DIRECTOR 2.00 X 0 0 0 KATHLEEN FARRELL DIRECTOR 2.00 X 0 0 0 JOHN GAMBLE DIRECTOR 2.00 X 0 0 0 SHAWNTEL HEBERT DIRECTOR 2.00 X 0 0 0 VIRGINIA HEPNER DIRECTOR 2.00 X 0 0 0 TOMMY HOLDER DIRECTOR 2.00 X 0 0 0 KEVIN HOLT DIRECTOR 2.00 X 0 0 0 PENNY MCPHEE DIRECTOR 2.00 X 0 0 0 BILL NORDMARK DIRECTOR 2.00 X 0 0 0 AJ ROBINSON DIRECTOR 2.00 X 0 0 0 DANNY SHOY JR DIRECTOR (BEGAN 3/15/23) 2.00 X 0 0 0 HELEN SMITH PRICE DIRECTOR 2.00 X 0 0 0 SUSAN SOMERSILLE-JOHNSON DIRECTOR 2.00 X 0 0 0 DAVE STOCKERT DIRECTOR 2.00 X 0 0 0 BEVERLY TATUM DIRECTOR 2.00 X 0 0 0 BEVERLY THOMAS DIRECTOR 2.00 X 0 0 0 JOHN AHMANN CEO/PRESIDENT 40.00 X 350806 0 22772 RACHEL CAREY CHIEF REAL ESTATE OFFICER 40.00 X 306645 0 26545 MARNI PITTMAN DIRECTOR, FINANCE & RISK MANAGEMENT 40.00 X 209554 0 34308 LEE HARROP VP, REAL ESTATE 40.00 X 208447 0 16012 ASHLEY COLLIER DIRECTOR, DEVELOPMENT 40.00 X 167250 0 16205 SONIA DAWSON CHIEF OF STAFF 40.00 X 138274 0 9321 RAQUEL HUDSON DIRECTOR, PROGRAMS 40.00 X 131261 0 14327 CHARLES FORDE DIRECTOR, REAL ESTATE 40.00 X 133916 0 0 1646153 0 139490 8 0 1 0 OAKSATL COMMUNITY DEVELOPMENT INC 1919 BIXBY ST SE ATLANTA GA 30317 DEVELOPMENT SERVICES 3095878 LANG ENTERPRISES LTD CO 4727 N ROYAL ATLANTA DRIVE STE G TUCKER GA 30084 CONSTRUCTION 1341768 DJR CONSTRUCTION GROUP 140 PATRICIA LANE FAYETTEVILLE GA 30214 CONSTRUCTION 864805 TAYLORMADE PROPERTY MANAGEMENT 3645 MARKETPLACE BLVD STE 130-618 EAST POINT GA 30344 PROPERTY MANAGEMENT 570608 ATLANTA HABITAT FOR HUMANITY 824 MEMORIAL DRIVE SE ATLANTA GA 30316 CONSTRUCTION 542861 17 157375 10496873 45150 10654248 RENTAL INCOME 531110 2072832 2072832 LOSS FROM PROGRAM INV 531110 -431779 -431779 1641053 75429 75429 2106135 1905783 200352 200352 200352 12220 157375 131304 -119084 -119084 25370 25370 25370 12477368 1866775 0 -43655 X 1307630 1307630 872510 316000 316340 240170 429443 321829 107614 8549 6565 1984 68961 49341 19620 92641 6256 61578 24807 29948 29948 239671 239671 1052003 293794 666954 91255 222521 178068 44453 132882 38946 93936 1152997 1084361 68636 27089 2787 24282 20 38735 35209 3526 954948 954948 921005 857159 63846 402346 378395 23951 REPAIRS & MAINTENANCE 989730 958155 24738 6837 BAD DEBT 964185 964185 9907794 7375893 1799923 731978 8730811 6360364 755263 5659402 6455568 5957526 412093 156441 249207 297475 59306585 2794109 49854501 56512476 2949394 2616322 86480 65301 69493317 77625307 1108748 1334227 7738 23246 35748698 40996596 107659 88236 36972843 42442305 X 20392442 20912581 12128032 14270421 32520474 35183002 69493317 77625307 2569574 92954 0 X 0 1 X 1 0 X 6950080 7876786 3440178 12237783 10654248 41159075 6950080 7876786 3440178 12237783 10654248 41159075 18834076 22324999 3856 50953 11541 19833 75429 161612 1103 2367 18410 254 25370 47504 41368191 5810905 0.53970 0.53250 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,103. 2020 AMOUNT: $ 2,367. 2021 AMOUNT: $ 18,410. 2022 AMOUNT: $ 254. 2023 AMOUNT: $ 25,370. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7499912 7499912 24352731 2504874 21847857 357145 136452 220693 27096797 152783 26944014 56512476 FINANCING LEASE LIABILITY 88236 88236 X PART X, LINE 2: WFF HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") STATING THAT IT QUALIFIES FOR EXEMPTION FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). WFF EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES. WFF FOLLOWS THE CRITERION THAT AN INDIVIDUAL TAX POSITION HAS TO MEET SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN WFF'S CONSOLIDATED FINANCIAL STATEMENTS. WFF HAS APPLIED THE MORE LIKELY THAN NOT CRITERION TO ALL THE TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAIN OPEN AND HAS DETERMINED THE TAX POSITIONS SATISFY SUCH CRITERION AND THAT NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. X X X X 1 KORNDER CONSULTING 2522 BALL PARK DR TUCKER GA 30084 GRANT WRITING 0 0 56595 -56595 COXE CURRY 191 PEACHTREE ST 450 ATLANTA GA 30303 FUNDRAISING STRATEGY 0 0 154476 -154476 TONYA STRADER 893 MONROE DRIVE NE ATLANTA GA 30308 EVENTS COORDINATION 0 0 28600 -28600 239671 -239671 GA RIDE FOR THE WESTSIDE 169595 157375 12220 8398 10092 112814 169595 157375 12220 8398 10092 112814 131304 -119084 1 ANTIOCH URBAN MINISTRIES 540 CAMERON M ALEXANDER BLVD ATLANTA GA 30318 581972467 501(C)(3) 7500 0 COMMUNITY OUTREACH ATLANTA AREA COUNCIL BSA 1800 CIRCLE 75 PKWY ATLANTA GA 30339 580566122 501(C)(3) 15000 0 GENERAL SUPPORT ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP 229 PEACHTREE ST NE ATLANTA GA 30303 581946632 501(C)(3) 110000 0 HOUSING BOOKER T WASHINGTON HIGH SCHOOL 45 WHITE HOUSE DRIVE SW ATLANTA GA 30314 GOVERNMENT 150000 0 EDUCATION/SUPPORT OF SCHOOLS GEORGIA INSTITUTE OF TECHNOLOGY BURSARS OFFICE 225 NORTH AVE ATLANTA GA 303320255 586002023 501(C)(3) 50000 0 EDUCATION/SUPPORT OF SCHOOLS HERMAN J RUSSELL WEST END ACADEMY 765 PEEPLES ST SW ATLANTA GA 30310 GOVERNMENT 100000 0 EDUCATION/SUPPORT OF SCHOOLS HISTORIC WESTSIDE CULTURAL ARTS COUNCIL INC 396 ELM ST NW ATLANTA GA 30314 465226497 501(C)(3) 6200 0 COMMUNITY OUTREACH HOLLIS INNOVATION ACADEMY 225 JAMES P BRAWLEY DR ATLANTA GA 30314 GOVERNMENT 68646 0 EDUCATION/SUPPORT OF SCHOOLS INSPIREDU INC 1550 SOUTHLAND CIRCLE SUITE 200 ATLANTA GA 30318 843606525 501(C)(3) 5250 0 COMMUNITY OUTREACH INTEGRITY TRANSFORMATIONS COMMUNITY DEVELOPMENT CORP 692 LINDSAY ST NW ATLANTA GA 30314 010698118 501(C)(3) 7200 0 COMMUNITY DEVELOPMENT OAKSATL COMMUNITY DEVELOPMENT INC 478 LINDSAY ST NW ATLANTA GA 30314 820811019 501(C)(3) 8500 0 HOUSING ON THE RISE COMMUNITY DEVELOPMENT INC 299 JOSEPH E LOWERY BLVD ATLANTA GA 30314 852731669 501(C)(3) 20000 0 HOUSING PEACE PREPARATORY ACADEMY INC 881 NORTH AVE NW ATLANTA GA 30318 461175947 501(C)(3) 10000 0 EDUCATION/SUPPORT OF SCHOOLS RAISING EXPECTATIONS INC PO BOX 92814 ATLANTA GA 30314 582395581 501(C)(3) 100000 0 EDUCATION/SUPPORT OF SCHOOLS THE BELOVED COMMUNITY INC 960 MARTIN LUTHER KING JR DR ATLANTA GA 30314 760812532 501(C)(3) 100000 0 COMMUNITY SUPPORT THE GOOD SAMARITAN HEALTH CENTER 1015 DONALD LEE HOLLOWELL PKWY NW ATLANTA GA 30318 582373395 501(C)(3) 11500 0 GENERAL SUPPORT THE SALVATION ARMY METRO ATLANTA AREA COMMAND 1000 CENTER PLACE NORCROSS GA 30093 580660607 501(C)(3) 7500 0 GENERAL SUPPORT TUSKEGEE AIRMAN GLOBAL ACADEMY 1626 WESTHAVEN DR NW ATLANTA GA 30311 GOVERNMENT 8512 0 EDUCATION/SUPPORT OF SCHOOLS 18 0 PART I, LINE 2: THE ORGANIZATION RECEIVES REPORTS AND COPIES OF INVOICES FROM GRANTEES TO ASSESS PROGRESS OF GRANT PROGRAMS. X X X X 0 0 0 0 0 0 0 1 0 JOHN AHMANN CEO/PRESIDENT 337000 0 13806 0 0 0 13200 0 9572 0 373578 0 0 0 RACHEL CAREY CHIEF REAL ESTATE OFFICER 285698 0 12544 0 8403 0 0 0 26545 0 333190 0 0 0 MARNI PITTMAN DIRECTOR, FINANCE & RISK MANAGEMENT 194824 0 9000 0 5730 0 7793 0 26515 0 243862 0 0 0 LEE HARROP VP, REAL ESTATE 194838 0 7991 0 5618 0 6495 0 9517 0 224459 0 0 0 ASHLEY COLLIER DIRECTOR, DEVELOPMENT 166750 0 500 0 0 0 6670 0 9535 0 183455 0 0 0 PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR VARIABLE COMPENSATION OF UP TO 5% OF SALARY BASED ON PERFORMANCE AGAINST GOALS. GOALS WERE NOT TIED TO ACHIEVING FINANCIAL MARKERS, BUT RATHER COMMUNITY DRIVEN IMPROVEMENTS AND ORGANIZATION EFFICIENCIES. X 3 34710 COST X CELL PHONES AND IPADS 1 5440 COST X GIFT CARDS 25 5000 COST 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES A PROPERTY MANAGEMENT COMPANY TO PROVIDE MANAGEMENT SERVICES FOR ITS MULTI-FAMILY OCCUPIED PROPERTIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD, PRESIDENT/CEO, TREASURER AND ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS CONFIRMED WITH BOARD MEMBERS AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN A BOARD RESOLUTION AND EMPLOYMENT OFFER LETTER. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 186,431. MANAGEMENT AND GENERAL EXPENSES 31,181. FUNDRAISING EXPENSES 32,065. TOTAL EXPENSES 249,677. RECRUITING FEES: PROGRAM SERVICE EXPENSES 4,687. MANAGEMENT AND GENERAL EXPENSES 46,136. FUNDRAISING EXPENSES 18,586. TOTAL EXPENSES 69,409. SOFTWARE CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,428. FUNDRAISING EXPENSES 9,507. TOTAL EXPENSES 12,935. OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 2,676. MANAGEMENT AND GENERAL EXPENSES 269,288. FUNDRAISING EXPENSES 19,323. TOTAL EXPENSES 291,287. PROGRAM SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 316,921. FUNDRAISING EXPENSES 11,774. TOTAL EXPENSES 328,695. FINANCIAL WELLNESS CONSULTANT: PROGRAM SERVICE EXPENSES 100,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,000. 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