ATLANTA EDUCATIONAL TELECOMMUNICATIONS COLLABORATIVE
Mission Statement
Mission Statement: We serve community; we enhance life. We educate, entertain, empower. We broaden perspectives, create joy, expand knowledge. And through our endeavors, we connect people to each other and the world. Vision Statement: We believe that communication is the foundation of civilization. It is the path by which knowledge, understanding, discourse and values are achieved, nurtured and passed down. We envision our communities as informed, energetic, engaged and with a pervasive sense of interconnectedness to each other and to the world. And we believe that our role as a trusted enabler of communication is fundamental in building the beloved community to which we aspire.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
62.8% | 79.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.8% | 13.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
21.3% | 6.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.6 mo | 28.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
29.7% | 13.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.4% | 72.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
28.4% | -2.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.0% | 12.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.0% | 0.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $20.9M | $18.2M | $10.0M | 62.8% | 115 |
| 2022 | $16.3M | $16.1M | $7.3M | 61.8% | 102 |
| 2021 | $16.4M | $14.9M | N/A | — | 96 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.