Central Atlanta Progress Inc
Nonprofit profile at a glance
- EIN
- 580969893
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, USA
- Phone
- 4046581877
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,503,414
- Expenses
- $3,311,687
- Assets
- $5,643,737
- Liabilities
- $791,998
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
135 people listed
Executive titles in this filing
- AJ ROBINSON (PRESIDENT)
Highest reported compensation
- AJ ROBINSON (PRESIDENT): $740,908 total reported compensation
- JENNIFER BALL (CHIEF OPERATING OFFICER): $217,213 total reported compensation
- T'SHURA JOHNSON (CONTROLLER): $142,115 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build a 21st century downtown as the heart of the atlanta region - a vibrant community with strong leadership and sustainable infrastructure that is safe, livable, diverse, economically viable, accessible, clean, hospitable and entertaining.
What it reported doing in 2024
Cap annual meeting: at the annual meeting, cap presents ourselves to our members and potential members to show what we have accomplished and what we can do for them. It is our premier showcase event with more than 1,000 attendees. It includes awards for downtown advocates and the installation of new members of the board of directors.
Operating model
- Revenue model
- Other-operating. 61% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 72
- Accountability: 80
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.6%; rating input score 14
- Program expense ratio: 7.4%; rating input score 7
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 84.6%; rating input score 85; 1st percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.8%; rating input score 98; 27th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -32.3%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 40.5%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 13.6% of revenue deployed · 7.4% of spending went to programs
- Governance: 131 of 134 board members independent · 5 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $244K in reported program spending
- Leadership: top reported pay $741K · 135 people listed · 3 of 6 pay-setting controls reported
- Consistency: 31 of 33 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 14/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.