Middle Georgia Center for Academic Excellence Inc

EIN: 134207291 501(c)(3) Education

Macon, GA

Total Revenue
$1,186,628
Total Expenses
$1,217,239
Total Assets
$140,429
Net Assets
$24,743
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
GA
Principal Officer
Sam Hart
Phone
4787451675
Tax Period
2023-09-01 to 2024-08-31

Middle Georgia Center for Academic Excellence Inc, founded in 2000, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

Middle Georgia Center for Academic Excellence, Inc. is a not-for-profit organization that seeks to bring together persons who have an active interest in broadening accessibility to and success in postsecondary education. The Center accomplishes this purpose by securing grants that can provide technical assistance related to the Centers purpose, engaging in the specific and general coordination of efforts with other organizations and persons having purposes of or supportive with those of the Center, and gathering, evaluating, and disseminating information that may be of mutual benefit to both the Center and the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,186,628
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,186,628

Expense Breakdown

Grants Paid $0
Salaries & Benefits $681,963
Fundraising Expenses $0
Program Expenses $1,089,162
Other Expenses $535,276
TOTAL EXPENSES $1,217,239

Year-over-Year Comparison

2023 2022 Change
Revenue $1,186,628 $1,142,779 +0.0%
Expenses $1,217,239 $1,237,439 0.0%
Net Income $-30,611 $-94,660 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
21
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$157,906
Total Directors
9
$157,906
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samuel F Hart Sr Executive Director 40.00
Officer Director
$148,092 $9,814 $157,906
Nathan Lewis Chairman 0.00
Officer Director
$0 $0 $0
Sharell Lewis Board Member 0.00
Director
$0 $0 $0
Dr Ike Mack Board Member 0.00
Director
$0 $0 $0
Dr Laurie Lankin Board Member 0.00
Director
$0 $0 $0
Johnnie Mae Dawkins Board Member 0.00
Director
$0 $0 $0
Dr James L Bumpus Board Member 0.00
Director
$0 $0 $0
Dr Keith Howard Board Member 0.00
Director
$0 $0 $0
Samuel F Hart Jr Board Member 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,186,628 $1,217,239 $140,429 $-30,611
2023 $1,142,779 $1,237,439 $146,744 $-94,660
2022 $1,223,526 $1,261,386 $217,032 $-37,860
2021 $1,359,664 $1,333,400 $219,971 $26,264
2020 $1,294,569 $1,222,936 $258,439 $71,633
2019 $1,355,783 $1,331,083 $144,989 $24,700
2018 $1,324,142 $1,289,991 $163,476 $34,151
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