GEORGIA CHAMBER OF COMMERCE FOUNDATION INC

EIN: 260708412 501(c)(3) Community Improvement

ATLANTA, GA

Total Revenue
$678,183
Total Expenses
$1,004,355
Total Assets
$1,011,511
Net Assets
$-184,814
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
GA
Principal Officer
JAMES C CLARK JR
Phone
4042232268
Tax Period
2023-01-01 to 2023-12-31

GEORGIA CHAMBER OF COMMERCE FOUNDATION INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $678K in total revenue in fiscal year 2023. Expenses of $1.0M exceeded revenue, resulting in a 48% operating deficit.

Mission

THE GEORGIA CHAMBER OF COMMERCE FOUNDATION UNDERTAKES ACTIVITIES, WHICH EDUCATE THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY THE FOUNDATION PRIMARILY FOCUSES ON THE ISSUES OF HEALTH CARE AND WORK FORCE DEVELOPMENT IN THE STATE OF GEORGIA. THE FOUNDATION PROMOTES DEVELOPMENT OF POLICIES IN GEORGIA WHICH ADDRESS THE CRISIS IN HEALTH CARE FINANCING AND ITS IMPACT ON GEORGIA BUSINESSES AND EMPLOYEES. THE FOUNDATION ALSO IS INVOLVED IN ACTIVITIES TO IMPROVE THE TRAINING AND MARKETABILITY OF GEORGIA'S WORK FORCE TO BRING HEALTHY ECONOMIC GROWTH TO ALL PARTS OF THE STATE

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $678,183
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $678,183

Expense Breakdown

Grants Paid $35,433
Salaries & Benefits $547,989
Fundraising Expenses $109,598
Program Expenses $734,951
Other Expenses $420,933
TOTAL EXPENSES $1,004,355

Year-over-Year Comparison

2023 2022 Change
Revenue $678,183 $691,000 0.0%
Expenses $1,004,355 $1,066,924 -0.1%
Net Income $-326,172 $-375,924 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
11
Volunteers
8

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
3
$1,228,449
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL PRUITT CHAIR 1.00
Officer Director
$0 $0 $0
BRANDON REESE GOVERNMENT AFFAIR COUNCIL 1.00
Director
$0 $0 $0
KEVIN CURTIN POLITICAL AFFAIRS COUNCIL 1.00
Director
$0 $0 $0
MARK MIDDLETON RESILIENCY & RECOVERY COMM 1.00
Director
$0 $0 $0
PEDRO CHERRY OPERATIONS CHAIR 1.00
Director
$0 $0 $0
BEN TARBUTTON IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
KEVIN PERRY DIRECTOR 1.00
Director
$0 $0 $0
JAMES C CLARK JR CEO/PRESIDENT 12.00
Officer
$0 $50,161 $954,391
STEPHANIE MARTIN TREASURER, CFO 1.00
Officer
$0 $20,845 $274,058
LAUREN MOORE VP, EXTERNAL AFFAIRS 1.00
Highest
$0 $12,726 $113,771
DANIELA PERRY SR. DIRECTOR PUBLIC POLICY 1.00
Highest
$0 $5,758 $126,856
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 No data No data No data No data
2023 $678,183 $1,004,355 $1,011,511 $-326,172
2022 $691,000 $1,066,924 $1,049,882 $-375,924
2021 $539,000 $1,194,895 $1,246,362 $-655,895
2020 $1,217,825 $1,184,783 $1,680,137 $33,042
2019 $462,000 $475,344 $1,539,887 $-13,344
2018 $436,000 $151,051 $1,468,197 $284,949
Explore More Nonprofits
Top 100 Nonprofits in Georgia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GEORGIA CHAMBER OF COMMERCE FOUNDATION INC with other nonprofits in Georgia and across the country.