Georgia Society of Certified Public Accountants Inc

EIN: 580697399

Alpharetta, GA

Total Revenue
$5,602,356
Total Expenses
$6,352,036
Total Assets
$9,139,264
Net Assets
$3,843,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
GA
Principal Officer
Boyd Search
Phone
4045042946
Tax Period
2024-06-01 to 2025-05-31

Georgia Society of Certified Public Accountants Inc, founded in 1934, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $6.4M exceeded revenue, resulting in a 13% operating deficit.

Mission

The mission of the Georgia Society of Certified Public Accountants is to help members achieve their vision of the future by providing leadership in a changing environment, offering opportunities to learn and demonstrate skills critical to success, promoting and advancing the accounting profession, and fostering high standards of integrity and objectivity.

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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 $5,376,436
Investment Income $179,469
Other Revenue $46,451
TOTAL REVENUE $5,602,356

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $2,968,356
Fundraising Expenses $0
Other Expenses $3,381,680
TOTAL EXPENSES $6,352,036

Year-over-Year Comparison

2024 2023 Change
Revenue $5,602,356 $6,241,268 -0.1%
Expenses $6,352,036 $6,222,509 +0.0%
Net Income $-749,680 $18,759 -41.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
22
Volunteers
301

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
7
$826,432
Total Directors
15
$579,790
Key Employees
1
$431,156
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Boyd E Search Secretary 37.50
Officer Director
$394,911 $71,969 $466,880
Calvin Wong Director of Technology and Multimedia Services 37.50
Officer Director
$102,832 $10,078 $112,910
Cromwell Baun Treasurer 2.00
Officer Director
$0 $0 $0
Kathryn M Fletcher Chair 2.00
Officer Director
$0 $0 $0
James K Underwood Chair Elect 2.00
Officer Director
$0 $0 $0
Carlton H Hodges Director 2.00
Director
$0 $0 $0
Victoria M Barry Director 2.00
Director
$0 $0 $0
Christopher M Conrad Director 2.00
Director
$0 $0 $0
Jason Blair Director 2.00
Director
$0 $0 $0
Clay L Pilgrim Director 2.00
Director
$0 $0 $0
Jodi K Prevost Director 2.00
Director
$0 $0 $0
Geoffrey M Rhines Director 2.00
Director
$0 $0 $0
Susan M Tillery Director 2.00
Director
$0 $0 $0
Nicholas D Sr Rider Director 2.00
Director
$0 $0 $0
Ian M Waller Director 2.00
Director
$0 $0 $0
Donald P Cook Vice President, Legislativ 37.50
Officer
$115,500 $11,476 $126,976
Elizabeth D Cook CRO 37.50
Officer
$109,583 $10,083 $119,666
Gregory A Wilder COO 37.50
Key Emp
$408,969 $22,187 $431,156
Jessica L Mytrohovich CFO 37.50
Highest
$184,490 $19,054 $203,544
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 $5,602,356 $6,352,036 $9,139,264 $-749,680
2024 $6,241,268 $6,222,509 $8,134,972 $18,759
2023 $5,375,088 $6,414,010 $7,321,245 $-1,038,922
2022 $5,890,900 $5,593,130 $8,640,811 $297,770
2021 $5,764,897 $5,102,735 $8,042,708 $662,162
2020 $6,520,379 $6,288,035 $6,835,405 $232,344
2019 $6,493,345 $6,423,356 $7,007,711 $69,989
2018 $6,933,107 $6,580,243 $7,336,531 $352,864
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