2025-05-13T13:33:27-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-07-01 844725498 BREAKTHROUGH ATLANTA BREA 4708528902 4075 PACES FERRY ROAD NW ATLANTA GA 303273099 MONIQUE SHIELDS CEO 4708528902 2025-05-12 1 1 KATHERINE A WARLICK P02065266 7049985200 2025-05-12 2023 2025-03-06 01:10:19Z MONIQUE SHIELDS 4075 PACES FERRY ROAD NW ATLANTA GA 303273099 4780658 0 X BREAKTHROUGHATLANTA.ORG X 2020 GA OFFERING A SIX-YEAR COLLEGE PREPARATORY PROGRAM FOR UNDERSERVED STUDENTS, AND A TEACHING FELLOWSHIP FOR UNDERGRADUATE STUDENTS. 20 19 0 50 0 0 1439440 1895598 0 0 793484 281279 -45973 -71716 2186951 2105161 17500 30270 0 0 1061587 1269667 0 0 364776 347910 591854 1426997 1891791 759954 213370 6290551 5652150 1664426 541173 4626125 5110977 BREAKTHROUGH ATLANTA PURSUES A DUAL MISSION TO: INCREASE ACADEMIC OPPORTUNITY FOR HIGHLY MOTIVATED, UNDERSERVED STUDENTS AND GET THEM INTO COLLEGE READY TO SUCCEED; AND INSPIRE AND DEVELOP THE NEXT GENERATION OF TEACHERS AND EDUCATIONAL LEADERS. 0 0 692931 HIGH SCHOOL READINESS PREPARES MIDDLE SCHOOL STUDENTS FOR THE ACADEMIC RIGOR OF HIGH SCHOOL THROUGH A SIX-WEEK SUMMER LEARNING PROGRAM AND SATURDAY ENRICHMENT PROGRAMMING THROUGHOUT THE SCHOOL YEAR. THIS PROGRAMMING IS IMPLEMENTED BY A PROGRAM DIRECTOR, ASSISTED BY TWO PROGRAM MANAGERS, APPROXIMATELY 70 SEASONAL STAFF AND VOLUNTEERS, AND BUS DRIVERS. 365773 THE TEACHING FELLOWSHIP PROGRAM PROVIDES A PAID SUMMER INTERNSHIP FOR UNDERGRADUATE STUDENTS INTERESTED IN EXPLORING A CAREER IN TEACHING. TEACHING FELLOWS SERVE AS THE INSTRUCTORS FOR MIDDLE SCHOOL STUDENTS DURING BREAKTHROUGH'S SIX-WEEK SUMMER LEARNING PROGRAM. THEY RECEIVE INTENSIVE, ONGOING TRAINING AND MENTORING FROM PROFESSIONAL EDUCATORS THROUGH THEIR FELLOWSHIPS. THIS PROGRAM IS LED BY A PROGRAM DIRECTOR, ASSISTED BY A PROGRAM MANAGER, AND 10 SEASONAL INSTRUCTIONAL COACHES. 290553 30270 COLLEGE PREP PROGRAMMING HELPS HIGH SCHOOL STUDENTS AND THEIR PARENTS PREPARE FOR COLLEGE ADMISSIONS THROUGH EDUCATIONAL WORKSHOPS, COLLEGE TOURS AND FAIRS, COLLEGE ENTRANCE EXAM PREPARATION, PERSONALIZED COLLEGE COUNSELING, APPLICATION ASSISTANCE AND SCHOLARSHIP OPPORTUNITIES. THESE ACTIVITIES ARE IMPLEMENTED BY A PROGRAM DIRECTOR AND MANAGER, ASSISTED BY VENDORS. ACTIVITIES CAN OCCUR VIRTUALLY (E.G. A COUNSELING SESSION) OR IN PERSON (E.G. A COLLEGE TOUR OR FINANCIAL AID WORKSHOP). 1349257 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 10 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X MONIQUE SHIELDS 4708528902 4075 PACES FERRY ROAD NW ATLANTA GA 303273099 MEREDYTH COLE LOVETT HEAD OF SCHOOL 0.50 40.00 X 0 580727 151438 NEYSA DILLON BROWN CHAIR 1.00 0.00 X X 0 0 0 J WILLIAM BILL HOLDEN VICE CHAIR 0.50 0.00 X X 0 0 0 KERRY HEYWARD SECRETARY 0.50 0.00 X X 0 0 0 SIMONE WALSH TREASURER 1.00 0.00 X X 0 0 0 DAVID GHEGAN PAST CHAIR 0.50 0.00 X 0 0 0 BRIAN BOUTTE BOARD MEMBER 0.50 0.00 X 0 0 0 AIMEE CONNALLY BOARD MEMBER 0.50 0.00 X 0 0 0 REED DEUPREE BOARD MEMBER 0.50 0.00 X 0 0 0 RUSSELL JOLIVET BOARD MEMBER 0.50 0.00 X 0 0 0 KATIKA LOVETT BOARD MEMBER 0.50 0.00 X 0 0 0 JANIS MIDDLETON BOARD MEMBER 0.50 0.00 X 0 0 0 TIFFANY MITSUI BOARD MEMBER 0.50 0.00 X 0 0 0 KEVIN O'KEEFE BOARD MEMBER 0.50 0.00 X 0 0 0 TAMARA PEARSON BOARD MEMBER 0.50 0.00 X 0 0 0 BRITTAIN PRIGGE BOARD MEMBER 0.50 0.00 X 0 0 0 GRANT RIVERA BOARD MEMBER 0.50 0.00 X 0 0 0 NANCY ROBITAILLE BOARD MEMBER 0.50 0.50 X 0 0 0 CRYSTAL STEPHENS BOARD MEMBER 0.50 0.00 X 0 0 0 CRISTEL WILLIAMS BOARD MEMBER 0.50 0.00 X 0 0 0 MONIQUE SHIELDS CEO, CFO 40.00 0.00 X 0 145486 13234 0 726213 164672 0 0 1 0 0 363515 319238 1212845 39841 1895598 166786 166786 2654476 16950 2556933 0 97543 16950 114493 114493 32000 363515 117194 -85194 -85194 13700 1370 12330 12330 OTHER REVENUE 900099 1148 1148 1148 2105161 0 0 209563 30270 30270 158721 118393 14387 25941 944501 704525 85611 154365 30085 19411 3539 7135 46852 30229 5511 11112 89508 57752 10528 21228 71508 39286 5375 26847 21497 21497 155146 85236 11662 58248 2759 1516 207 1036 18342 10077 1379 6886 34662 19043 2605 13014 2482 2244 85 153 23309 12806 1752 8751 819 450 62 307 43579 43579 34282 30984 1180 2118 SUPPLIES - FOOD 92521 85674 6847 MISCELLANEOUS EXPENSES 73603 40437 5531 27635 STUDENT AFFAIRS 17345 17345 1891791 1349257 177758 364776 378566 2654335 140115 341856 668969 527421 214213 7466 6496 710230 544433 59486 165797 2699987 4077994 6290551 5652150 78371 173310 21400 16000 1564655 351863 1664426 541173 X 1406067 1120802 3220058 3990175 4626125 5110977 6290551 5652150 213370 271482 0 X 0 1 X 1 0 X X X 1 THE LOVETT SCHOOL 580619038 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2699987 10000 409622 115244 3004365 3140530 320861 761404 2699987 3676194 10550 -428712 117502 3140530 2809147 99479 873010 105442 3676194 0 2882504 12603 85960 2809147 0.00000 0.65223 0.34777 0 0 710230 544433 165797 165797 INVESTMENTS 4077994 F 4077994 DUE TO THE LOVETT SCHOOL 351863 351863 2793480 271482 319770 591252 2202228 21497 -118564 -97067 2105161 2308628 319770 118564 438334 1870294 21497 21497 1891791 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT ASSETS CONSIST OF APROXIMATELY SEVEN INDIVIDUAL ENDOWMENT FUNDS ESTABLISHED FOR EDUCATIONAL PURPOSES. THE PERCENT REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -118,564. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 118,564. X X X X X X 0 GA FUND-A-SCHOLAR 395515 363515 32000 5000 4300 73860 34034 395515 363515 32000 5000 4300 73860 34034 117194 -85194 13700 1370 1 1.00000 13700 1370 1370 12330 GA 1 0 1 0 1.00000 MONIQUE SHIELDS 4075 PACES FERRY ROAD NW ATLANTA GA 30327 0 0 1 FINANCIAL AID 10 30270 PART I, LINE 2: FINANCIAL AID IS AWARDED TO INDIVIDUALS AND PAID DIRECTLY TO THE EDUCATIONAL INSTITUTIONS. NO FURTHER MONITORING IS DEEMED NECESSARY. X X 0 1 0 0 0 0 0 0 0 MEREDYTH COLE LOVETT HEAD OF SCHOOL 0 470165 0 100000 0 10562 0 75000 0 76438 0 732165 0 0 MONIQUE SHIELDS CEO, CFO 0 145486 0 0 0 0 0 0 0 13234 0 158720 0 0 PART I, LINE 3 TWO MEMBERS OF THE RELATED ORGANIZATION'S BOARD ARE EXECUTIVE SEARCH PROFESSIONALS. EACH YEAR, THEY SHARE INDUSTRY RESEARCH-BASED COMPENSATION RECOMMENDATIONS WITH THE BOARD, AND THE EXECUTIVE COMMITTEE OF THE BOARD DISCUSSES AND VOTES TO APPROVE THE CEO'S SALARY PART I, LINE 4B AS OF JULY 1, 2018, THE SCHOOL ESTABLISHED A NONQUALIFIED 457(F) DEFERRED COMPENSATION PLAN FOR MEREDYTH M. COLE. THE TERMS OF THE PLAN PROVIDE THAT THE SCHOOL MAY MAKE A DISCRETIONARY CONTRIBUTION TO THE PLAN EACH YEAR. DURING THE FISCAL YEAR ENDING JUNE 30, 2024, THE SCHOOL MADE A CONTRIBUTION OF $75,000 TO THE PLAN. ADDITIONAL CONTRIBUTIONS CAN BE MADE TO THE PLAN IN FUTURE YEARS, WITH VESTING OF THOSE AMOUNTS CONTINGENT UPON HER CONTINUED EMPLOYMENT FOR THE REMAINDER OF HER EMPLOYMENT AGREEMENT WHICH RUNS THROUGH JUNE 30, 2024. CASH DISTRIBUTIONS TO MS. COLE FROM THE PLAN ARE TO BE PAID 60 DAYS AFTER THE EARLIEST OF THE FOLLOWING EVENTS: VESTING, DEATH, DISABILITY, OR CERTAIN SEPARATIONS FROM SERVICE. X AUCTION ITEMS 44 39841 FAIR MARKET VALUE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE DIRECTORS OF THE ORGANIZATION ARE APPOINTED BY THE LOVETT SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THEN BY THE ENTIRE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL (I) MEMBERS OF THE BOARD OF TRUSTEES, (II) ITS OFFICERS, (III) ITS KEY EMPLOYEES (AS DEFINED IN THE IRS GUIDELINES) AND (IV) ITS FIVE CURRENT HIGHEST COMPENSATED EMPLOYEES WHO RECEIVED REPORTABLE COMPENSATION OF MORE THAN $100,000 ARE REQUIRED TO, AND DO, COMPLETE AND EXECUTE WRITTEN CONFLICT OF INTEREST AND FAMILY AND BUSINESS RELATIONSHIP DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15A TWO MEMBERS OF THE RELATED ORGANIZATION'S BOARD ARE EXECUTIVE SEARCH PROFESSIONALS. EACH YEAR, THEY SHARE INDUSTRY RESEARCH-BASED COMPENSATION RECOMMENDATIONS WITH THE BOARD, AND THE EXECUTIVE COMMITTEE OF THE BOARD DISCUSSES AND VOTES TO APPROVE THE CEO'S SALARY FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE LOVETT SCHOOL 4075 PACES FERRY ROAD NW ATLANTA GA 30327 580619038 EDUCATION INSTITUTION GA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0