Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 551,675 | 260,572 | 1,196,823 | 1,031,141 | 761,376 | 3,801,587 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 551,675 | 260,572 | 1,196,823 | 1,031,141 | 761,376 | 3,801,587 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 2,869,314 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 932,273 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 551,675 | 260,572 | 1,196,823 | 1,031,141 | 761,376 | 3,801,587 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 191,864 | 171,973 | 130,134 | 120,996 | 161,465 | 776,432 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | |||||
| 11 | Total support Add lines 7 through 10. | 4,578,019 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| HOW THE ORGANIZATION MEETS THE "FACTS-AND-CIRCUMSTANCES" TEST | While Project GRAD Atlanta, Inc. ("Project GRAD") failed to meet the |
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Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART III QUESTION #3 | During the year ended June 30, 2015, the organization's board of directors approved a resolution to legally dissolve the organization and to merge certain services, programs, events, and all of its remaining net assets into a new college access and scholarship-granting organization named Achieve Atlanta, a supporting organization of the community foundation for greater Atlanta. The dissolution became effective as of the close of business on June 30, 2015, and, at such time, Achieve Atlanta assumed control of the net assets of the organization and oversight of the transition plan. |
| PART VI QUESTION #11A | THE ORGANIZATION'S FORM 990 IS REVIEWED AND APPROVED BY ALL MEMBERS OF THE BOARD FINANCE COMMITTEE, PRIOR TO FILING WITH THE IRS. ALL MEMBERS OF THE PROJECT GRAD ATLANTA BOARD OF DIRECTORS ARE SENT AN EMAIL (PRIOR TO THE FILING OF THE FORM 990 WITH IRS), WHICH PROVIDES PASSWORD PROTECTED ACCESS TO A FILE CONTAINING THE COMPLETE FORM 990 WITH ALL ASSOCIATED SCHEDULES. |
| PART VI QUESTION #12C | PROJECT GRAD ISSUES A QUESTIONNAIRE ANNUALLY TO TRUSTEES REGARDING CONFLICTS. THE FORMS ARE RETAINED IN A FILE IN THE FINANCE DEPARTMENT. |
| PART VI QUESTION #15A & B | THE PROJECT GRAD FINANCE COMMITTEE AND EXECUTIVE COMMITTEE ESTABLISH THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING SALARY SURVEY DATA FROM NATIONAL, LOCAL, AND REGIONAL SALARY DATA FOR SIMILARLY STRUCTURED ORGANIZATIONS. THE GRAD FINANCE COMMITTEE APPROVES THE SALARY RANGES ASSOCIATED WITH EACH POSITION CLASSIFICATION. |
| PART VI QUESTION #19 | PROJECT GRAD MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC BY REQUEST ONLY. DUPLICATES OF DOCUMENTS WILL BE PROVIDED AT A COST TO THE REQUESTER OF $.50 PER PAGE. |
| PART IV QUESTION #22 | DURING THE CURRENT YEAR, AN ADJUSTMENT WAS MADE TO THE ESTIMATES USED TO CALCULATE THE PRESENT VALUE OF CURRENT GRANTS PAID TO INDIVIDUALS. THIS RESULTED IN A CURRENT YEAR ADJUSTMENT OF $756,000 WHICH REDUCED THE ACCRUED GRANTS PAID IN THE CURRENT YEAR. BECAUSE OF THIS ADJUSTMENT, NO GRANTS ARE BEING SHOWN ON SCHEDULE I. HOWEVER, THE FOLLOWING INFORMATION IS BEING SHOWN FOR THE FISCAL YEAR 2015 GRANTS PAID. |
| PART XI LINE 9 | During the year ended June 30, 2015, the organization's board of directors approved a resolution to legally dissolve the organization and to merge certain services, programs, events, and all of its remaining net assets into a new college access and scholarship-granting organization named Achieve Atlanta, a supporting organization of the community foundation for greater Atlanta. The dissolution became effective as of the close of business on June 30, 2015, and, at such time, Achieve Atlanta assumed control of the net assets of the organization and oversight of the transition plan. |
| SCHEDULE I PART I LINE 1 | DOES THE ORGANIZATION MAINTAIN RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE, THE GRANTEES' ELIGIBILITY FOR THE GRANTS OR ASSISTANCE, AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE? YES. |
| SCHEDULE I PART I LINE 2 | DESCRIBE THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: PROJECT GRAD ATLANTA PROVIDES GRANTS TO STUDENTS ENROLLED IN ACCREDITED TWO-YEAR OR FOUR-YEAR COLLEGES ACROSS THE NATION. IN GEORGIA, QUALIFIED INSTITUTIONS INCLUDE ONLY THOSE ACCREDITED COLLEGES OR UNIVERSITIES WHICH ARE ELIGIBLE FOR PARTICIPATION IN THE GEORGIA HOPE SCHOLARSHIP PROGRAM. IN OTHER STATES, THE INSTITUTIONS MUST BE FULLY ACCREDITED BY REGIONAL ACCREDITING BODIES PRE-APPROVED BY THE PROJECT GRAD ATLANTA BOARD OF DIRECTORS. GRANT PAYMENTS IN INCREMENTS OF $500 PER SEMESTER ARE PAID TO POSTSECONDARY INSTITUTIONS WHERE BRUMLEY-GRAD STUDENTS ARE ENROLLED, FOR UP TO EIGHT SEMESTERS, FOR A TOTAL PER STUDENT SCHOLARSHIP AMOUNT OF $4,000. PROJECT GRAD MAINTAINS PAPER AND ELECTRONIC STUDENT FILES AND FINANCIAL RECORDS TO RECORD, TRACK, MONITOR, AND MANAGE THE DISTRIBUTION OF SCHOLARSHIP FUNDS TO ELIGIBLE STUDENTS. PROJECT GRAD ATLANTA HAS INSTITUTED A SYSTEM OF RIGOROUS CHECKS AND BALANCES REQUIRING AT LEAST TWO STAFF REVIEWS AND SIGNATURES FOR THE REQUEST OF SCHOLARSHIP PAYMENTS TO INSTITUTIONS OF HIGHER EDUCATION. THESE REQUESTS ARE THEN APPROVED BY THE EXECUTIVE DIRECTOR AND OR HIS OR HER DESIGNEE. IN LIKE FASHION, ALL CHECKS ARE RECONCILED TO THE ORGANIZATION'S BANK STATEMENTS AND ACCOUNTING SYSTEM. STUDENTS MUST REQUEST EACH SEMESTER'S SCHOLARSHIP PAYMENT BY SUBMITTING ACADEMIC TRANSCRIPTS AND /OR COURSE SCHEDULES WHICH CONFIRM THAT THE STUDENT IS ENROLLED FULL-TIME (WHICH BY GRAD STANDARDS CONSISTS OF AT LEAST 12 CREDIT HOURS PER SEMESTER), ARE ENROLLED IN NO MORE THAN TWO SEMESTERS OF REMEDIAL OR LEARNING SUPPORT COURSES, AND ARE IN GOOD ACADEMIC STANDING FOR THE SEMESTER FOR WHICH FUNDS ARE REQUESTED. THESE SUBMISSIONS ARE REVIEWED BY UP TO THREE GRAD STAFF PERSONS. STUDENTS WHO DO NOT MEET THESE CRITERIA, MAY SUBMIT A REQUEST FOR REVIEW OF THE EXTENUATING CIRCUMSTANCES WHICH PRECLUDED THEIR MEETING THE CRITERIA, TO THE GRAD SCHOLARSHIP APPEAL COMMITTEE. ALL DECISIONS BY THE APPEAL COMMITTEE ARE FINAL AND BINDING FOR THE DISTRIBUTION OR NON-DISTRIBUTION OF THE SCHOLARSHIP, IN THE CONTEXT OF THE DR. GEORGE W. BRUMLEY-PROJECT GRAD ATLANTA SCHOLARSHIP POLICIES & PROCEDURES. |
| SCHEDULE I PART III LINE 1 | NUMBER OF RECIPIENTS: BRUMLEY-GRAD SCHOLARHSIP 872 BOOKS 2 COMPUTERS 5 ----- TOTAL 879 CASH GRANTS PAID OUT: CASH $438,647 BOOKS $1,000 COMPUTERS $4,865 ----------- TOTAL $444,512 |
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