GEORGIA ATLANTA BEAUTY SUPPLY ASSOCINC (EIN 462608789) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

JANGHA LEE

Phone

7704547993

Tax Period

2024-01-01 to 2024-12-31

GEORGIA ATLANTA BEAUTY SUPPLY ASSOCINC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $551K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

Establish effective and productive means for improvement of welfare and membership in the beauty supply industry of Georgia and vicinity through continuous efforts on exchange of information, coordination, publication, statistical research, and consultation.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550,946

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $550,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,175

Fundraising Expenses $0

Other Expenses $518,692

TOTAL EXPENSES $574,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$550,946	$704,067	-0.2%
Expenses	$574,867	$628,123	-0.1%
Net Income	$-23,921	$75,944	-1.3%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANGHA LEE	President	0.00	Officer	$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	$550,946	$574,867	$304,359	$-23,921
2023	$704,067	$628,123	$330,005	$75,944
2022	$663,835	$701,397	$252,367	$-37,562
2021	$342,786	$342,558	$289,970	$228
2020	$1,468,742	$1,419,724	$289,602	$49,018
2019	$772,506	$741,099	$230,464	$31,407
2018	$439,909	$467,242	$199,822	$-27,333

GEORGIA ATLANTA BEAUTY SUPPLY ASSOCINC