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Georgia · Nonprofit

BROADWAY TOWERS INC

BROADWAY TOWERS INC (Georgia) receives grants from 1 organization whose IRS filings report $0 to it, the largest being ATLANTA COMMUNITY FOOD BANK INC ($0). 1 of them have funded it in more than one year.

Revenue FY2024
$2.6M
Funders on record
1
Grants received
$0
Net assets
$23M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Broadway Towers Inc does

Mission

Management of 3 apartment complexes for the benefit of elderly and handicapped residents.

As stated on its FY2024 Form 990.

Programs

  1. Housing for the elderly and self sufficient handicapped in accordance with the department of housing and urban development's 202 housing program and any charitable, educational, religious, or scientific purposes allowed under section 501(c)(3) of the irc of 1986 as amended.

    $1,436,345 spent$1,693,608 earned by the program
    84% of program spending
  2. To provide financial assistance to other entities whose purpose is charitable, educational, religious, or scientific as allowed under section 501(c)(3).

    $272,000 spentof which $272,000 as grants
    16% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,708,345.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.6M) Expenses 100 ($4.8M) Net assets -13 ($-2347113)2018 Revenue 331 ($19M) Expenses 89 ($4.3M) Net assets 100 ($18M)2019 Revenue 83 ($4.7M) Expenses 125 ($6.0M) Net assets 95 ($17M)2020 Revenue 221 ($12M) Expenses 342 ($17M) Net assets 72 ($13M)2021 Revenue 55 ($3.1M) Expenses 90 ($4.3M) Net assets 65 ($12M)2022 Revenue 60 ($3.4M) Expenses 54 ($2.6M) Net assets 70 ($12M)2023 Revenue 227 ($13M) Expenses 57 ($2.8M) Net assets 126 ($22M)2024 Revenue 47 ($2.6M) Expenses 38 ($1.8M) Net assets 131 ($23M)
'17'18'19'20'21'22'23'24
Revenue (47)Expenses (38)Net assets (131)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $4.6M to $26M (+457%).

$4.6M
$26M
$24M
$19M
$18M
$18M
$26M
$27M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of BROADWAY TOWERS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$812k
’17
$14M
’18
−$1.3M
’19
−$4.1M
’20
−$1.2M
’21
$769k
’22
$10M
’23
$821k
’24
6.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed77677779
Joined·+0+0+1+0+1+0+2
No longer listed·0100100
03Who funds it
04Its place in the field

Against its field

BROADWAY TOWERS INC runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin31% · top quartile
Months of reserve6.8mo · above the median
Revenue growth (annualized)−10% · bottom quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like BROADWAY TOWERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 46 related entities

  • Heritage Towers Nonprofit LLC · disregarded
  • Agape Housing Inc · exempt
  • Ala Elderly Housing Inc · exempt
  • Arlington Senior Housing Inc · exempt
  • Broadway Apartment Corporation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BROADWAY TOWERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BROADWAY TOWERS INC?
BROADWAY TOWERS INC (Georgia) receives grants from 1 organization whose IRS filings report $0 to it, the largest being ATLANTA COMMUNITY FOOD BANK INC ($0). 1 of them have funded it in more than one year.
How many funders does BROADWAY TOWERS INC have?
IRS filings report 1 organization giving $0 in grants to BROADWAY TOWERS INC, 1 of which have funded it in more than one year.
Who is the largest funder of BROADWAY TOWERS INC?
ATLANTA COMMUNITY FOOD BANK INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like BROADWAY TOWERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing