GEORGIA BUSINESS SUCCESS CENTER INC (EIN 474443286) - 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

2015

Legal Domicile

Principal Officer

PHAEDRA S CORSO

Phone

7706458440

Tax Period

2020-07-01 to 2021-06-30

Mission

IGNITEHQ CONNECTS STARTUPS AND ENTREPRENEURS WITH INTERNATIONAL ACCELERATOR, FUNDING OPPORTUNITIES AND TALENT TO SCALE GLOBALLY. WE ACCELERATE STARTUPS, CULTIVATE JOB GROWTH AND PROVIDE MARKET EXPANSION RESOURCES IN THE SOUTHEAST.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $201,648

TOTAL EXPENSES $201,648

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$490,063	-1.0%
Expenses	$201,648	$662,581	-0.7%
Net Income	N/A	$-172,518	N/A

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

$731,003

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIA AYERS	DIRECTOR	1.00	Director	$0	$21,323	$174,728
STEPHANIE CARVAJALINO	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL FORD	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY FORT	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG GANSSLE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MAHAN	DIRECTOR	1.00	Director	$0	$0	$0
SHARON MASON	DIRECTOR	1.00	Director	$0	$0	$0
JACOB REUSCHEL	DIRECTOR	1.00	Director	$0	$0	$0
MITCH RHODEN	DIRECTOR	1.00	Director	$0	$0	$0
UMESH SHIKNIS	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA WHITTEN	DIRECTOR	1.00	Director	$0	$84,087	$556,275

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
2021	No data	$201,648	$111,417	No data
2020	$490,063	$662,581	$316,214	$-172,518
2019	$857,081	$714,336	$626,131	$142,745
2018	$869,705	$756,724	$1,426,361	$112,981

GEORGIA BUSINESS SUCCESS CENTER INC