DARTON STATE COLLEGE FOUNDATION INC

EIN: 237320363 501(c)(3) Education

ALBANY, GA

Total Revenue
$495,261
Total Expenses
$158,967
Total Assets
$5,244,285
Net Assets
$5,244,285
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
GA
Principal Officer
CHUCK LOGAN
Phone
2294034770
Tax Period
2018-07-01 to 2019-06-30

DARTON STATE COLLEGE FOUNDATION INC, founded in 1973, is a small nonprofit in the Education sector that reported $495K in total revenue in fiscal year 2018. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $336K, a strong 68% operating margin.

Mission

THE FOUNDATION'S MISSION IS FOR CHARITABLE, EDUCATIONAL, LITERACY AND SCIENTIFIC PURPOSES TO ENDEAVOR TO PROMOTE IN VARIOUS WAYS THE CAUSE OF HIGHER EDUCATION, TO EXPAND EDUCATIONAL OPPORTUNITIES, TO ACQUIRE AND ADMINISTER FUNDS, WHICH AFTER PAYMENT OF ALL NECESSARY EXPENSES SHALL BE DEVOTED TO SUCH OBJECTS AND PURPOSES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $111,151
Program Service Revenue $0
Investment Income $341,340
Other Revenue $42,770
TOTAL REVENUE $495,261

Expense Breakdown

Grants Paid $78,093
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $122,734
Other Expenses $80,874
TOTAL EXPENSES $158,967

Year-over-Year Comparison

2018 2017 Change
Revenue $495,261 $391,591 +0.3%
Expenses $158,967 $153,381 +0.0%
Net Income $336,294 $238,210 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
5

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
4
$64,031
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK LOGAN CHAIRMAN 1.00
Officer Director
$0 $0 $0
ED NEWSOME BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
JAY MONTGOMERY CHAIR 1.00
Officer Director
$0 $0 $0
JEANETTE HOOPES BOARD MEMBER 1.00
Director
$0 $0 $0
JIM DEAL BOARD MEMBER 1.00
Director
$0 $0 $0
JO ELLIOTT JONES BOARD MEMBER 1.00
Director
$0 $0 $0
PAM SIMMONS TREASURER & SECRETARY 1.00
Officer Director
$0 $0 $0
ROGER MARIETTA BOARD MEMBER 1.00
Director
$0 $0 $0
TINA HARDEN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDY CHRISTO BOARD MEMBER 1.00
Director
$0 $0 $0
RANDAE DAVIS EXECUTIVE DIRECTOR 10.00
Officer
$0 $10,130 $64,031
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
2019 $495,261 $158,967 $5,244,285 $336,294
2018 $391,591 $153,381 $5,025,787 $238,210
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