Nonprofit · EIN 58-0073726
ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC
Tax-exempt · ATLANTA, GA 30328
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $370,508 | $778,050 | -$407,542 | $4,771,418 | $3,992,664 | $778,754 |
| December 31, 2023 | 990 | $639,435 | $956,375 | -$316,940 | $5,138,561 | $3,952,265 | $1,186,296 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $40,000
- Program service revenue
- $543,232
- Investment income
- $6,249
- Net rental income
- -$218,973
- Other revenue
- -$218,973
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Occupancy
- $60,000
- Depreciation
- $20,333
- Program services (functional)
- $778,050
Balance sheet and other
- Total assets, start of year
- $5,138,561
- Total assets, end of year
- $4,771,418
- Total liabilities, end of year
- $3,992,664
- Net assets, end of year
- $778,754
- Land, buildings and equipment
- $4,423,159
- Net assets without donor restrictions
- $778,754
- Gross receipts
- $1,329,052
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1986
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FISCHER | CHAIR Trustee or director | 1 | $0 |
| BILL BUTLER | TRUSTEE EMERITUS Trustee or director | 0.5 | $0 |
| MICHAEL FISCHER | TRUSTEE Trustee or director | 0.5 | $0 |
| DEANN GOLDEN | TRUSTEE Trustee or director | 0.5 | $0 |
| KRISTIN LAMB | TRUSTEE EMERITUS Trustee or director | 0.5 | $0 |
| CYNTHIA LIPPERT | TRUSTEE Trustee or director | 0.5 | $0 |
| LANE MCCORMACK | TRUSTEE EMERITUS Trustee or director | 0.5 | $0 |
| GREGG METCALF | TRUSTEE Trustee or director | 0.5 | $0 |
| JENNIFER PINO | TRUSTEE Trustee or director | 0.5 | $0 |
| JEFFERY POLLOCK | TRUSTEE Trustee or director | 0.5 | $0 |
| T DALLAS SMITH | TRUSTEE Trustee or director | 0.5 | $0 |
| FURMAN WOOD | TRUSTEE EMERITUS Trustee or director | 0.5 | $0 |
| ENNIS ANTOINE | TRUSTEE Trustee or director | 0.5 | $0 |
| PAT MURPHY | TRUSTEE Trustee or director | 0.5 | $0 |
| CHIP ROACH | TRUSTEE Trustee or director | 0.5 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY THRASH | TRUSTEE Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ENNIS ANTOINE | TRUSTEE Trustee or director | 1 | $0 |
| BILL BUTLER | TRUSTEE EMERITUS Trustee or director | 1 | $0 |
| MICHAEL FISCHER | TRUSTEE Trustee or director | 1 | $0 |
| DEANN GOLDEN | TRUSTEE Trustee or director | 1 | $0 |
| JOHN HEAGY | TRUSTEE Trustee or director | 1 | $0 |
| KRISTIN LAMB | TRUSTEE EMERITUS Trustee or director | 1 | $0 |
| CYNTHIA LIPPERT | TRUSTEE Trustee or director | 1 | $0 |
| LANE MCCORMACK | TRUSTEE EMERITUS Trustee or director | 1 | $0 |
| JENNIFER PINO | TRUSTEE Trustee or director | 1 | $0 |
| JEFFERY POLLOCK | TRUSTEE Trustee or director | 1 | $0 |
| T DALLAS SMITH | TRUSTEE Trustee or director | 1 | $0 |
| FURMAN WOOD | TRUSTEE Trustee or director | 1 | $0 |
| MIKE WRIGHT | TRUSTEE EMERITUS Trustee or director | 1 | $0 |
| KAREN HATCHER | VICE CHAIR Officer | 1 | $0 |
| GREGG METCALF | CHAIR Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5784 LAKE FORREST DRIVE, ATLANTA, GA 30328-6203
- Principal officer (990 for 2024)
- REGGIE MCCRARY, 5784 LAKE FORREST DRIVE, ATLANTA, GA 30328
- Signed the 990
- REGGIE MCCRARY, CEO
- Phone
- (404) 250-0051
- Return prepared by
- BARNETT & STEGALL LLC
Mission
THE ATLANTA REALTORS EDUCATIONAL FOUNDATION IS DEDICATED TO PROMOTING AND ENHANCING EXCELLENCE IN EDUCATION BY PROVIDING THE HIGHEST EDUCATIONAL OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN GEORGIA.
Program accomplishments
- THE FOUNDATION OPERATES A REAL ESTATE SCHOOL FOR THE ATLANTA REALTORS ASSOCIATION, INC. AND THE ATLANTA COMMERCIAL BOARD OF REALTORS, INC. CLASSES ARE OFFERRED IN-PERSON, VIRTUALLY, AND IN A SELF STUDY FORMAT. TOPICS INCLUDE SALESPERSON PRELICENSE, POSTLICENSE, BROKER PRELICENSE, CONTINUING EDUCATION, DESIGNATIONS, AND COMMUNITY ASSOCATION MANAGEMENT.Expenses $778,050 · revenue $324,259
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0073726
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S470)
- Assets (IRS master file)
- $4,771,418
- Income (IRS master file)
- $1,329,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $370,508 | $778,050 | $4,771,418 | XML |
| 990 | December 2023 | $639,435 | $956,375 | $5,138,561 | XML |
| 990 | December 2022 | $777,594 | $926,521 | $5,346,090 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-0073726).
Questions about ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC
- What is the EIN of ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC is 58-0073726.
- Is ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3).
- Are donations to ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names REGGIE MCCRARY.
- Who are the officers and directors of ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does ATLANTA BOARD OF REALTORS EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $370,508, expenses of $778,050 and total assets of $4,771,418 at year end.
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