GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC (EIN 581549902) - 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

1984

Legal Domicile

Principal Officer

JOHN MOFFATT

Phone

4046560470

Tax Period

2023-07-01 to 2024-06-30

GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $884K in total revenue in fiscal year 2023. Revenue surged 274% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 16% operating margin.

Mission

THE FOUNDATION FUNCTIONS AS AN ADVOCATE OF ECONOMIC DEVELOPMENT FOR THE STATE OF GEORGIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $587,158

Program Service Revenue $286,107

Investment Income $8,497

Other Revenue $2,475

TOTAL REVENUE $884,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $739,047

Other Expenses $739,047

TOTAL EXPENSES $739,047

Year-over-Year Comparison

	2023	2022	Change
Revenue	$884,237	$236,191	+2.7%
Expenses	$739,047	$536,980	+0.4%
Net Income	$145,190	$-300,789	-1.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS CARR	CHAIRMAN	1.00	Director	$0	$0	$0
ANDREW CAPEZZUTO	SECRETARY	1.00	Director	$0	$0	$0
JOHN MOFFATT	TREASURER	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$884,237	$739,047	$277,840	$145,190
2023	$236,191	$536,980	$132,650	$-300,789
2022	$222,811	$441,311	$433,409	$-218,500
2021	$173,644	$75,574	$651,909	$98,070
2020	$716,656	$575,209	$553,839	$141,447
2019	$312,707	$425,486	$412,392	$-112,779
2018	$395,062	$283,995	$525,171	$111,067

GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC