GEORGIA SOLAR ENERGY INDUSTRIES ASSOCIATION

EIN: 364710157 Community Improvement

ATLANTA, GA

Total Revenue
$60,250
Total Expenses
$70,098
Total Assets
$7,742
Net Assets
$7,742
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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
GA
Principal Officer
PETE CORBETT
Phone
4044073642
Tax Period
2023-01-01 to 2023-12-31

GEORGIA SOLAR ENERGY INDUSTRIES ASSOCIATION, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $60K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $70K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE ASSOCIATION IS COMPRISED OF LEADING EXPERTS IN SOLAR MANUFACTURING AND INSTALLATION, ACADEMIA, FINANCE, AND THE LAW IS LEADING THE EFFORT IN GEORGIA TO PROMOTE THE ECONOMIC AND ENVIORONMENTAL BENEFITS OF SOLAR ENERGY THROUGH EDUCATION, ADVOCACY AND INDUSTRY SUPPORT.

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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 $60,250
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $60,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $67,367
Other Expenses $70,098
TOTAL EXPENSES $70,098

Year-over-Year Comparison

2023 2022 Change
Revenue $60,250 $72,685 -0.2%
Expenses $70,098 $72,052 0.0%
Net Income $-9,848 $633 -16.6%
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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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BELL DIRECTOR N/A
Director
$0 $0 $0
BEN BROWNING SECRETARY N/A
Officer Director
$0 $0 $0
GREG CHAFEE DIRECTOR N/A
Director
$0 $0 $0
PETE CORBETT PRESIDENT/CH N/A
Officer Director
$0 $0 $0
BRION FITZPATRICK DIRECTOR N/A
Director
$0 $0 $0
MARK JONES DIRECTOR N/A
Director
$0 $0 $0
GREG KELLEY DIRECTOR N/A
Director
$0 $0 $0
JAMES MARLOW DIRECTOR N/A
Director
$0 $0 $0
PETE MARTE TREASURER N/A
Officer Director
$0 $0 $0
WILLIAM SILVA DIRECTOR N/A
Director
$0 $0 $0
ANDREW WALKER DIRECTOR N/A
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 No data No data No data No data
2023 $60,250 $70,098 $7,742 $-9,848
2022 $72,685 $72,052 $17,590 $633
2021 $45,000 $33,457 $16,957 $11,543
2020 $50,000 $51,859 $5,414 $-1,859
2019 $67,500 $64,450 $7,273 $3,050
2018 $42,500 $48,211 $4,223 $-5,711
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