HISTORIC COLUMBUS FOUNDATION INC

EIN: 581051916 501(c)(3)

COLUMBUS, GA

Total Revenue
$2,906,627
Total Expenses
$733,942
Total Assets
$15,436,131
Net Assets
$14,666,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
GA
Principal Officer
ELIZABETH WALDEN
Phone
7063220756
Tax Period
2023-10-01 to 2024-09-30

HISTORIC COLUMBUS FOUNDATION INC, founded in 1966, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 75% operating margin.

Mission

PRESERVE HISTORICAL STRUCTURES, REVITALIZE HISTORIC NEIGHBORHOODS, EDUCATE THE PUBLIC ABOUT LOCAL HISTORY, ADVOCATE BENEFITS DERIVED FROM HISTORIC PRESERVATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,474,743
Program Service Revenue $0
Investment Income $488,842
Other Revenue $-56,958
TOTAL REVENUE $2,906,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,608
Fundraising Expenses $105,060
Program Expenses $356,705
Other Expenses $330,334
TOTAL EXPENSES $733,942

Year-over-Year Comparison

2023 2022 Change
Revenue $2,906,627 $1,925,473 +0.5%
Expenses $733,942 $896,158 -0.2%
Net Income $2,172,685 $1,029,315 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
33
Independent Members
33
Employees
5
Volunteers
33

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
9
$124,807
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH WALDEN Executive Dir. 40.00
Officer
$121,172 $3,635 $124,807
GEORGE G FLOWERS Director 1.00
Director
$0 $0 $0
MERETT M ALEXANDER Director 1.00
Director
$0 $0 $0
JOHN S CALHOUN Director 1.00
Director
$0 $0 $0
E WARNER NEAL Director 1.00
Director
$0 $0 $0
MARTHA T PAULL Director 1.00
Director
$0 $0 $0
PHILLIP E KIRVEN JR Director 1.00
Director
$0 $0 $0
MARGARET B MCCORMICK President 1.00
Officer Director
$0 $0 $0
JACK J PEASE III Asst Treasurer 1.00
Officer Director
$0 $0 $0
TYLER J PRITCHARD Director 1.00
Director
$0 $0 $0
MERRITT B PRYOR Director 1.00
Director
$0 $0 $0
FRANK B SCHLEY IV Director 1.00
Director
$0 $0 $0
KATIE B BICKERSTAFF Director 1.00
Director
$0 $0 $0
FLORENCE C DAWKINS Secretary 1.00
Officer Director
$0 $0 $0
MINT J FLOWERS Director 1.00
Director
$0 $0 $0
CATHERINE B TROTTER Vice President 1.00
Officer Director
$0 $0 $0
HARRISON C WALLACE Director 1.00
Director
$0 $0 $0
THOMAS BOWDEN III Director 1.00
Director
$0 $0 $0
RENEE S ROTH Director 1.00
Director
$0 $0 $0
BOBSIE C SWIFT Director 1.00
Director
$0 $0 $0
JANICE P BIGGERS Director 1.00
Director
$0 $0 $0
MARY B BRADLEY Director 1.00
Director
$0 $0 $0
SALLY B HATCHER Director 1.00
Director
$0 $0 $0
F CLASON KYLE Director 1.00
Director
$0 $0 $0
VIRGINIA T PEEBLES Director 1.00
Director
$0 $0 $0
M GARRETT POUND Director 1.00
Director
$0 $0 $0
J EDWARD SPROUSE Director 1.00
Director
$0 $0 $0
KEN HENSON Director 1.00
Director
$0 $0 $0
JACK JENKINS Director 1.00
Director
$0 $0 $0
RICHARD PEEPLES Director 1.00
Director
$0 $0 $0
JOHN M SHEFTALL Past President 1.00
Officer
$0 $0 $0
CLAIRE C BERRY Vice President 1.00
Officer
$0 $0 $0
ELIZABETH B RAMSAY Chairman 1.00
Officer
$0 $0 $0
CALVIN A EVANS JR Treasurer 1.00
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 $2,906,627 $733,942 $15,436,131 $2,172,685
2023 $1,925,473 $896,158 $12,971,823 $1,029,315
2022 $1,681,614 $834,020 $11,285,855 $847,594
2021 $2,339,170 $632,271 $11,500,043 $1,706,899
2020 $805,116 $860,278 $9,331,213 $-55,162
2019 $955,752 $658,777 $9,417,398 $296,975
2018 $529,916 $836,958 $6,263,513 $-307,042
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