BACKPACK BUDDIES OF GEORGIA INC

EIN: 454212164 501(c)(3) Philanthropy & Grantmaking

NEWNAN, GA

Total Revenue
$314,275
Total Expenses
$303,889
Total Assets
$193,595
Net Assets
$193,595
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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
2014
Legal Domicile
GA
Principal Officer
APRIL ANDERSON
Phone
7708803766
Tax Period
2024-01-01 to 2024-12-31

BACKPACK BUDDIES OF GEORGIA INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $314K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. Expenses of $304K left a modest 3% surplus.

Mission

TO PROVIDE FOOD FOR ECONOMICALLY CHALLENGED CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $314,275
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $314,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,832
Fundraising Expenses $0
Program Expenses $295,371
Other Expenses $238,057
TOTAL EXPENSES $303,889

Year-over-Year Comparison

2024 2023 Change
Revenue $314,275 $163,221 +0.9%
Expenses $303,889 $251,913 +0.2%
Net Income $10,386 $-88,692 -1.1%
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
4
Independent Members
4
Employees
2
Volunteers
1150

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL ANDERSON PRESIDENT N/A
Officer Director
$0 $0 $0
BRENT ANDERSON VP N/A
Officer Director
$0 $0 $0
JULIE BOYD TREASURER N/A
Officer Director
$0 $0 $0
WILLIAM LEPPO 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 $314,275 $303,889 $193,595 $10,386
2022 $212,834 $214,884 $278,302 $-2,050
2021 $245,292 $164,869 $274,707 $80,423
2020 $200,458 $161,839 $194,284 $38,619
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