Buckhead Coalition Inc

Nonprofit profile at a glance

EIN
581823063
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Atlanta, GA, USA
Phone
4042332228
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$918,004
Expenses
$814,896
Assets
$711,168
Liabilities
$98,680

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • JAMES DURRETT (PRESIDENT & CEO)

Highest reported compensation

  • GARTH PETERS (EXECUTIVE VP): $183,731 total reported compensation
  • JAMES DURRETT (PRESIDENT & CEO): $139,293 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The buckhead coalition is an organization comprised of business and civic leaders interested in nurturing and preserving the quality of life in the buckhead area. The organization plans and implements action programs for continued improvement of buckhead as an integral part of the corporate city of atlanta.

What it reported doing in 2024

The buckhead coalition has significantly advanced its mission to advocate, support, convene, and connect within the buckhead community. In the past year, the coalition has successfully spearheaded numerous initiatives that fostered economic growth, enhanced public safety, and promoted community well-being. By hosting forums and roundtables, the organization has provided invaluable platforms for local businesses, residents, and stakeholders to collaborate and address key issues. In doing so the coalition played a pivotal role in securing approval for community projects, and public services. Some of those projects, outreach, and funding support included: buckhead community leadership program; buckhead youth internship; atlanta public safety training center program; buckhead safety alliance; piney grove cemetery protection; repeat offenders commission; homelessness program; buckhead marketing partnership; major stormwater infrastructure improvements, plus constituent requests for information, services, and infrastructure repairs throughout the community to name a few endeavors. Through strategic partnerships in the private and public sector the coalition continues to be a cornerstone of positive change and community development in buckhead.

Operating model

Revenue model
Membership-supported. 97% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 73
  • Accountability: 77
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.8%; rating input score 76
  • Program expense ratio: 84.5%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.5%; rating input score 92; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11.2%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 39.6%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -5.9% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 75.8% of revenue deployed · 84.5% of spending went to programs
  • Governance: 124 of 124 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $689K in reported program spending
  • Leadership: top reported pay $184K · 24 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.