GEORGIA CONNECTIONS ACADEMY CHARTER SCHOOL INC

EIN: 270791620 501(c)(3) Education

DULUTH, GA

Total Revenue
$62,018,385
Total Expenses
$50,202,551
Total Assets
$55,350,296
Net Assets
$21,955,465
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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
2009
Legal Domicile
GA
Principal Officer
STEVE JULAL
Phone
6788253258
Tax Period
2022-07-01 to 2023-06-30

GEORGIA CONNECTIONS ACADEMY CHARTER SCHOOL INC, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $62.0M in total revenue in fiscal year 2022. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.8M, a strong 19% operating margin.

Mission

THE MISSION OF GEORGIA CONNECTIONS ACADEMY IS TO EXEMPLIFY A COLLABORATIVE VIRTUAL SCHOOL WHERE OUR STUDENTS MEET HIGH EXPECTATIONS THROUGH MASTERY OF CHALLENGING ACADEMIC MATERIAL IN PREPARATION FOR SUCCESSFUL COLLEGE AND CAREER EXPERIANCES

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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 (2022)

Revenue Breakdown

Contributions & Grants $61,790,317
Program Service Revenue $12,089
Investment Income $215,979
Other Revenue $0
TOTAL REVENUE $62,018,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,597,020
Fundraising Expenses $0
Program Expenses $44,336,355
Other Expenses $25,605,531
TOTAL EXPENSES $50,202,551

Year-over-Year Comparison

2022 2021 Change
Revenue $62,018,385 $45,166,213 +0.4%
Expenses $50,202,551 $37,682,857 +0.3%
Net Income $11,815,834 $7,483,356 +0.6%
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
8
Independent Members
8
Employees
295
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
$282,125
Total Directors
6
$282,125
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE JULAL PRESIDENT 1.00
Officer Director
$0 $0 $0
RASHEED MUSTKEEM TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN COLLINS SECRETARY 1.00
Officer Director
$0 $0 $0
RICH THOMPSON MEMBER 1.00
Director
$0 $0 $0
DARRELL GRANT VICE PRESIDENT 1.00
Director
$0 $0 $0
BRAZILLIA BALAL-PAGE EXECUITVE DIRECTOR 50.00
Officer Director
$195,947 $86,178 $282,125
AMY WILCOX PRINCIPAL II 40.00
Highest
$112,757 $49,591 $162,348
CAROLINE FERNANDEZ-RHODEN PRINCIPAL II 40.00
Highest
$124,282 $54,659 $178,941
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $62,018,385 $50,202,551 $55,350,296 $11,815,834
2022 $45,166,213 $37,682,857 $31,178,543 $7,483,356
2021 $38,349,918 $33,573,794 $22,514,475 $4,776,124
2020 $33,242,489 $30,879,120 $19,529,567 $2,363,369
2019 $27,695,668 $27,791,652 $14,947,373 $-95,984
2018 $24,205,651 $25,154,776 $10,421,527 $-949,125
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