COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA

EIN: 581557995 501(c)(3) Philanthropy & Grantmaking

DULUTH, GA

Total Revenue
$16,997,204
Total Expenses
$13,883,190
Total Assets
$79,004,678
Net Assets
$64,107,377
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
GA
Principal Officer
DEPRIEST WADDY
Phone
7708133380
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA, founded in 1985, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $17.0M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 18% operating margin.

Mission

THE FOUNDATION HAS THREE PRINCIPAL GOALS:1) TO BUILD A PERMANENT BASE OF CHARITABLE FUNDS THAT WILL BENEFIT NONPROFIT AGENCIES SERVING THE NORTHEAST GEORGIA REGION;2) TO IDENTIFY ESSENTIAL HUMAN NEEDS AND PROMISING OPPORTUNITIES IN THE COMMUNITY ESPECIALLY AS THEY IMPACT THE LESS FORTUNATE AND TO DEVELOP RESOURCES TO ADDRESS THEM; AND3) TO ACQUAINT DONORS WITH THE IMPORTANCE OF PRIVATE PHILANTHROPY AS IT RELATES TO IMPROVING THE QUALITY OF LIFE OF THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,135,021
Program Service Revenue $0
Investment Income $1,722,630
Other Revenue $139,553
TOTAL REVENUE $16,997,204

Expense Breakdown

Grants Paid $12,307,114
Salaries & Benefits $658,969
Fundraising Expenses $379,828
Program Expenses $12,585,347
Other Expenses $917,107
TOTAL EXPENSES $13,883,190

Year-over-Year Comparison

2023 2022 Change
Revenue $16,997,204 $10,205,373 +0.7%
Expenses $13,883,190 $12,211,923 +0.1%
Net Income $3,114,014 $-2,006,550 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
49
Independent Members
49
Employees
5
Volunteers
49

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
5
$249,767
Total Directors
49
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J MICHAEL LEVENGOOD CHAIR 1.00
Officer Director
$0 $0 $0
KIM A HARTSOCK VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROBIN F SANSONE TREASURER 1.00
Officer Director
$0 $0 $0
KENNETH M MASSARONI SECRETARY 2.00
Officer Director
$0 $0 $0
MARGARET BUGBEE DIRECTOR 1.00
Director
$0 $0 $0
ADAM C WILSON DIRECTOR 1.00
Director
$0 $0 $0
ALEJANDRO COSS DIRECTOR 1.00
Director
$0 $0 $0
BIN LIU DIRECTOR 1.00
Director
$0 $0 $0
CARLA T CARRAWAY DIRECTOR 1.00
Director
$0 $0 $0
DANIEL J KING DIRECTOR 1.00
Director
$0 $0 $0
DAVE COOK DIRECTOR 1.00
Director
$0 $0 $0
DAVID R STILL DIRECTOR 1.00
Director
$0 $0 $0
DEAN COLLINS DIRECTOR 1.00
Director
$0 $0 $0
DEBRA POTTER DIRECTOR 1.00
Director
$0 $0 $0
DICK LOPRESTI DIRECTOR 1.00
Director
$0 $0 $0
DR AUDREY ARONA DIRECTOR 1.00
Director
$0 $0 $0
DR CALVIN J WATTS DIRECTOR 1.00
Director
$0 $0 $0
DR DANIEL J KAUFMAN DIRECTOR 1.00
Director
$0 $0 $0
EMILY J BRANTLEY DIRECTOR 1.00
Director
$0 $0 $0
ETHEL D ANDERSEN JD DIRECTOR 1.00
Director
$0 $0 $0
JAMES D DENNARD JR DIRECTOR 1.00
Director
$0 $0 $0
JILL EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
JILL KERSH DIRECTOR 1.00
Director
$0 $0 $0
JIM JOEDECKE DIRECTOR 1.00
Director
$0 $0 $0
JULIA DAVIS DIRECTOR 1.00
Director
$0 $0 $0
JULIE KEETON ARNOLD DIRECTOR 1.00
Director
$0 $0 $0
K CLIFFORD BRAY II DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN KIESER DIRECTOR 1.00
Director
$0 $0 $0
MELVIN EVERSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PARK DIRECTOR 1.00
Director
$0 $0 $0
MONTY G WATSON DIRECTOR 1.00
Director
$0 $0 $0
NATHAN POWELL DIRECTOR 1.00
Director
$0 $0 $0
PHILIP R WOLFE DIRECTOR 1.00
Director
$0 $0 $0
R BRYAN GINN JR DIRECTOR 1.00
Director
$0 $0 $0
R LEE TUCKER JR DIRECTOR 1.00
Director
$0 $0 $0
REP SAM PARK DIRECTOR 1.00
Director
$0 $0 $0
REV BRYAN S CHOE DIRECTOR 1.00
Director
$0 $0 $0
RONDA COLVIN LEARY DIRECTOR 1.00
Director
$0 $0 $0
SANDRA J STRICKLAND DIRECTOR 1.00
Director
$0 $0 $0
SANTIAGO R MARQUEZ DIRECTOR 1.00
Director
$0 $0 $0
SCOTT JORDAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MAWDESLEY DIRECTOR 1.00
Director
$0 $0 $0
SLOAN JONES DIRECTOR 1.00
Director
$0 $0 $0
SUSIE COLLAT DIRECTOR 1.00
Director
$0 $0 $0
TEDDY RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
THOMAS ABERNATHY DIRECTOR 1.00
Director
$0 $0 $0
VERONICA MALDONADO-TORRES DIRECTOR 1.00
Director
$0 $0 $0
WAYNE D ELLISON DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM F MCCARGO DIRECTOR 1.00
Director
$0 $0 $0
DEPRIEST WADDY PRESIDENT/CEO 40.00
Officer
$231,667 $18,100 $249,767
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 No data No data No data No data
2023 $16,997,204 $13,883,190 $79,004,678 $3,114,014
2022 $10,205,373 $12,211,923 $69,557,505 $-2,006,550
2021 $22,483,820 $11,784,661 $80,665,782 $10,699,159
2020 $12,443,185 $7,925,273 $62,642,116 $4,517,912
2019 $11,978,739 $5,486,911 $52,236,479 $6,491,828
2018 $12,483,271 $9,205,403 $38,441,288 $3,277,868
Explore More Nonprofits
Top 100 Nonprofits in Georgia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare COMMUNITY FOUNDATION FOR NORTHEAST GEORGIA with other nonprofits in Georgia and across the country.