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Nonprofit · EIN 87-2725265

ACFB CHARITABLE INVESTMENTS INC

Tax-exempt · ATLANTA, GA 30344

Financials

$11.9M$1.2M2022$1.3M$89K2023$934K$73K2024
Revenue Expenses · by fiscal year end
Financials of ACFB CHARITABLE INVESTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$934,096$72,723$861,373$94,504,661$0$94,504,661
June 30, 2024990$1,306,809$88,502$1,218,307$91,829,019$0$91,829,019
June 30, 2023990$11,882,927$1,183,242$10,699,685$88,248,740$0$88,248,740
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$934,096
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$72,723

Balance sheet and other

Total assets, start of year
$91,829,019
Total assets, end of year
$94,504,661
Total liabilities, end of year
$0
Net assets, end of year
$94,504,661
Publicly traded securities
$26,270,616
Net assets without donor restrictions
$93,676,661
Net assets with donor restrictions
$828,000
Gross receipts
$934,096
Employees
0
Volunteers
3
Year formed
2021
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KYLE WAIDEPRESIDENT/CEO
Trustee or director, Officer
1$0$430,461$36,826
TAMICA WILLIAMSTREASURER & SECRETARY
Trustee or director, Officer
2$0$87,250$2,819
F JOHN CASEDIRECTOR
Trustee or director
1$0$0$0
MARTHA FESSENDENDIRECTOR
Trustee or director
1$0$0$0
ROBERT KUKLERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KYLE WAIDEPRESIDENT
Trustee or director, Officer
1$0$370,788$34,817
DEBRA SHOAFTREASURER & SECRETARY
Trustee or director, Officer
1$0$229,106$31,627
F JOHN CASEDIRECTOR
Trustee or director
1$0$0$0
MARTHA FESSENDENDIRECTOR
Trustee or director
1$0$0$0
ROBERT KUKLERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KYLE WAIDEPRESIDENT
Trustee or director, Officer
0$0$357,674$38,095
DEBRA SHOAFTREASURER & SECRETARY
Trustee or director, Officer
0$0$205,629$29,725
F JOHN CASEDIRECTOR
Trustee or director
1$0$0$0
MARTHA FESSENDENDIRECTOR
Trustee or director
1$0$0$0
ROBERT KUKLERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3400 N DESERT DR, ATLANTA, GA 30344-5719
In care of
% DEBRA SHOAF
Principal officer (990 for 2024)
TAMICA WILLIAMS, 3400 NORTH DESERT DRIVE, ATLANTA, GA 30344
Signed the 990
TAMICA WILLIAMS, CHIEF FINANCIAL OFFICER
Phone
(678) 369-0253
Return prepared by
WARREN AVERETT LLC

Mission

ACFB CHARITABLE INVESTMENTS, INC., IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES AND/OR ACTIVITIES OF ATLANTA COMMUNITY FOOD BANK, INC., A GEORGIA NONPROFIT CORPORATION.

990 for the year ended June 30, 2025

Program accomplishments

  • ACFB CHARITABLE INVESTMENTS, INC SUPPORTS THE ATLANTA COMMUNITY FOOD BANK ("ACFB") BY BEING THE LEVERAGE LENDER AS PART OF A TRANSACTION INVOLVING NEW MARKETS TAX CREDITS, HOLDING AND MANAGING ACFB'S INVESTMENT PORTFOLIO, AND MAY ALSO MAKE LOANS, GRANTS, AND OTHER DISTRIBUTIONS TO ACFB AND OTHER 501(C)(3) CHARITABLE ENTITIES IN FURTHERANCE OF ACFB'S CHARITABLE PURPOSES.
    Expenses $72,723

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-2725265
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$94,504,661
Income (IRS master file)
$934,096

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$934,096$72,723$94,504,661XML
990June 2024$1,306,809$88,502$91,829,019XML
990June 2023$11,882,927$1,183,242$88,248,740XML
990June 2022$79,424,946$34,443$76,233,562IRS

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 87-2725265).

Questions about ACFB CHARITABLE INVESTMENTS INC

What is the EIN of ACFB CHARITABLE INVESTMENTS INC?
The employer identification number (EIN) of ACFB CHARITABLE INVESTMENTS INC is 87-2725265.
Is ACFB CHARITABLE INVESTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ACFB CHARITABLE INVESTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ACFB CHARITABLE INVESTMENTS 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 ACFB CHARITABLE INVESTMENTS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACFB CHARITABLE INVESTMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ACFB CHARITABLE INVESTMENTS INC?
The 990 for the year ended June 30, 2025 names TAMICA WILLIAMS.
Who are the officers and directors of ACFB CHARITABLE INVESTMENTS INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does ACFB CHARITABLE INVESTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $934,096, expenses of $72,723 and total assets of $94,504,661 at year end.

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