GEORGIA CROP IMPROVEMENT ASSOC INC

EIN: 580623886

ATHENS, GA

Total Revenue
$2,176,687
Total Expenses
$1,778,154
Total Assets
$3,131,382
Net Assets
$2,926,324
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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
1946
Legal Domicile
GA
Principal Officer
CHRIS ROQUEMORE
Phone
7065429396
Tax Period
2024-01-01 to 2024-12-31

GEORGIA CROP IMPROVEMENT ASSOC INC, founded in 1946, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $399K, a strong 18% operating margin.

Mission

THE GEORGIA CROP IMPROVEMENT ASSOCIATION IS AN INDEPENDENT, NOT FOR PROFIT ORGANIZATION PROVIDING UNBIASED, THIRD PARTY INSPECTION/AUDITING SERVICES TO AGRICULTURE IN THE SEED, FOOD AND RELATED INDUSTRIES WITH PRIMARY EMPHASIS ON SEED AND TURFGRASS CERTIFICATION.

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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 $0
Program Service Revenue $2,073,209
Investment Income $38,369
Other Revenue $65,109
TOTAL REVENUE $2,176,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,148,902
Fundraising Expenses $0
Program Expenses $1,406,748
Other Expenses $629,252
TOTAL EXPENSES $1,778,154

Year-over-Year Comparison

2024 2023 Change
Revenue $2,176,687 $1,894,175 +0.1%
Expenses $1,778,154 $1,763,391 +0.0%
Net Income $398,533 $130,784 +2.0%
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
9
Independent Members
N/A
Employees
19
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
10
$177,635
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM D SKAGGS EXECUTIVE DI 40.00
Director
$172,555 $5,080 $177,635
BILL BULLARD 2ND VICE PRE N/A
Officer Director
$0 $0 $0
CHAD CHANDLER DIRECTOR N/A
Director
$0 $0 $0
JUTT HOWARD DIRECTOR N/A
Director
$0 $0 $0
BRIAN OGLETREE DIRECTOR N/A
Director
$0 $0 $0
ALBERT ROGERS DIRECTOR N/A
Director
$0 $0 $0
REED ROGERS 1ST VICE PRE N/A
Officer Director
$0 $0 $0
CHRIS ROQUEMORE PRESIDENT N/A
Officer Director
$0 $0 $0
BLAKE SHEPARD DIRECTOR N/A
Director
$0 $0 $0
DREW WATKINS 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 $2,176,687 $1,778,154 $3,131,382 $398,533
2023 $1,894,175 $1,763,391 $2,675,282 $130,784
2022 $1,625,905 $1,624,501 $2,553,822 $1,404
2021 $1,565,826 $1,393,348 $2,567,153 $172,478
2020 $1,623,314 $1,378,373 $2,364,963 $244,941
2019 $1,537,570 $1,378,060 $2,099,008 $159,510
2018 $1,471,394 $1,417,678 $1,954,226 $53,716
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