KOINONIA OF WEST GA INC (EIN 205570999) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

TERRI LATIMER PRESIDENT

Tax Period

2019-07-01 to 2020-06-30

KOINONIA OF WEST GA INC, founded in 2012, is a small nonprofit that reported $132K in total revenue in fiscal year 2019. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $146K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO FACILITATE ACADEMIC EDUCATION THROUGH THE PROMOTION OF FAITH BASED HOME EDUCATION OF FAMILIES AND THEIR CHILDREN AND DEDICATING THESE EFFORTS TO BUILDING FAITH BASED LEADERSHIP OF STUDENTS

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $131,975

Investment Income $0

Other Revenue $0

TOTAL REVENUE $131,975

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,573

Fundraising Expenses $0

Program Expenses $146,284

Other Expenses $13,711

TOTAL EXPENSES $146,284

Year-over-Year Comparison

	2019	2018	Change
Revenue	$131,975	$277,733	-0.5%
Expenses	$146,284	$279,107	-0.5%
Net Income	$-14,309	$-1,374	+9.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
THERESA HARTE	BOARD MEMBER	Director	$0	$0	$0
MARY ANN LITCHFIELD	BOARD MEMBER	Director	$0	$0	$0
JIM BELLON	BOARD MEMBER	Officer Director	$0	$0	$0
TERRI LATIMER	PRESIDENT	Officer	$0	$0	$0
LARRY LATIMER	TREASURER	Officer	$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
2020	$131,975	$146,284	No data	$-14,309
2019	$277,733	$279,107	$245,823	$-1,374
2018	$301,996	$326,035	$263,339	$-24,039
2017	$361,216	$329,177	$296,271	$32,039

KOINONIA OF WEST GA INC