GEORGIA BANKERS ASSOCIATION INC (EIN 580254910) - 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

1924

Legal Domicile

Principal Officer

TESSA NOLAN

Phone

4045221501

Tax Period

2024-07-01 to 2025-06-30

GEORGIA BANKERS ASSOCIATION INC, founded in 1924, is a community nonprofit in the Community Improvement sector that reported $5.9M in total revenue in fiscal year 2024.

Mission

THE GBA IS THE TRADE AND PROFESSIONAL ORGANIZATION REPRESENTING THE INTERESTS OF BANKS AND THRIFT INSTITUTIONS IN THE STATE OF GEORGIA. IT PROVIDES PROFESSIONAL DEVELOPMENT PROGRAMS, DELIVERS QUALITY PRODUCTS AND SERVICES, LOBBIES TO PASS OR DEFEAT LEGISLATION, AND IS THE PRINCIPAL VOICE FOR THE STATE'S BANKING INDUSTRY AS WELL AS THE PRIMARY OUTSIDE RESOURCE FOR ITS MEMBERS IN ACCOMPLISHING THEIR GOALS AND OBJECTIVES.

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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 $0

Program Service Revenue $4,281,434

Investment Income $272,559

Other Revenue $1,332,988

TOTAL REVENUE $5,886,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,205,036

Fundraising Expenses $0

Other Expenses $2,510,876

TOTAL EXPENSES $5,715,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,886,981	$5,515,212	+0.1%
Expenses	$5,715,912	$5,547,956	+0.0%
Net Income	$171,069	$-32,744	-6.2%

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

Volunteers

262

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

$1,010,689

Total Directors

$530,102

Key Employees

$743,073

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J JOSEPH BRANNEN	PRESIDENT - RETIRED	40.00	Officer Director	$336,597	$1,901	$338,498
BRAD E BARBER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
PHILIP G WILLIAMS	CHAIRMAN-ELECT	2.00	Officer Director	$0	$0	$0
TIMOTHY M PERRY	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
C RHODES MCLANAHAN	PAST CHAIRMAN	2.00	Director	$0	$0	$0
SUSAN V MOSS	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
MICHAEL T LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
DONALD J TORBERT JR	COMMUNITY BANKERS COMMITTEE CHAIR	1.00	Director	$0	$0	$0
SAMUEL W BEALL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALFRED MCRAE	BOARD MEMBER	1.00	Director	$0	$0	$0
R BRENT SAMMONS	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN WALKER JORDAN JR	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES M DEWITT	BOARD MEMBER	1.00	Director	$0	$0	$0
GREGORY H EIFORD	GBA SERVICES CHAIR	1.00	Director	$0	$0	$0
JONATHAN S HIGHTOWER	GENERAL COUNSEL	1.00	Director	$0	$0	$0
JOSEPH BRADLEY SHEFFIELD	LEADERSHIP GBA REP (NON-VOTING)	1.00	Director	$0	$0	$0
MARJORIE HUCKABEE CARTER	ASSOCIATE MEMBER REP (NON-VOTING)	1.00	Director	$0	$0	$0
TRIPP COFIELD	PRESIDENT	40.00	Officer Director	$191,462	$142	$191,604
RYAN P EARNEST	BOARD MEMBER	1.00	Director	$0	$0	$0
PERRY REVELL	BOARD MEMBER	1.00	Director	$0	$0	$0
COLIN STOKES	BOARD MEMBER	1.00	Director	$0	$0	$0
LESA C DOWNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
HAMILTON WADE JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN RUNNION	SR. VICE PRESIDENT & CFO - RETIRED	40.00	Officer	$218,093	$33,872	$251,965
TESSA NOLAN	CFO	1.00	Officer	$0	$0	$228,622
DAVID M OLIVER	EXECUTIVE VICE PRESIDENT AND COO	40.00	Key Emp	$230,961	$46,998	$277,959
ELIZABETH W CHANDLER	EXEC. VP GOVERNMENT RELATIONS	40.00	Key Emp	$198,548	$32,245	$230,793
AMANDA S RICHARDS	DIRECTOR OF RETIREMENT SERVICES	40.00	Key Emp	$209,270	$25,051	$234,321
BOGAN J BRANNEN	HIGHEST PAID EMPLOYEE	40.00	Highest	$138,424	$2,409	$140,833
KATHY FRIESTAD	HIGHEST PAID EMPLOYEE	40.00	Highest	$111,582	$309	$111,891
ALISON MOREAU	HIGHEST PAID EMPLOYEE	40.00	Highest	$101,681	$6,545	$108,226
SHERRY C SCRUGGS	HIGHEST PAID EMPLOYEE	40.00	Highest	$112,842	$3,000	$115,842

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	$5,886,981	$5,715,912	$7,647,753	$171,069
2024	No data	No data	No data	No data
2023	$5,058,847	$5,118,325	$6,522,845	$-59,478
2022	$5,481,156	$4,718,931	$5,859,554	$762,225
2021	$3,869,641	$4,111,122	$5,784,313	$-241,481
2020	$3,673,700	$3,521,211	$4,985,366	$152,489
2019	$4,255,316	$4,119,495	$6,041,259	$135,821
2018	$4,028,248	$3,950,985	$6,723,153	$77,263

GEORGIA BANKERS ASSOCIATION INC