ENDOWMENT FUND OF THE GEORGIA MEDICAL SOCIETY INC

EIN: 581574074 501(c)(3)

SAVANNAH, GA

Total Revenue
$76,321
Total Expenses
$13,051
Total Assets
$1,120,200
Net Assets
$1,120,200
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
GA
Principal Officer
WILLIAM DARDEN MD
Phone
9123556607
Tax Period
2023-10-01 to 2024-09-30

ENDOWMENT FUND OF THE GEORGIA MEDICAL SOCIETY INC, founded in 1984, is a micro nonprofit that reported $76K in total revenue in fiscal year 2023. Revenue surged 277% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 83% operating margin.

Mission

THE ENDOWMENT FUND WAS ESTABLISHED TO CARRY OUT THE OBJECTIVES OF THE GEORGIA MEDICAL SOCIETY, INCLUDING THE PROMOTION OF MEDICAL EVALUATION AND ETHICS.

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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 $0
Program Service Revenue $0
Investment Income $76,321
Other Revenue $0
TOTAL REVENUE $76,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $13,051
TOTAL EXPENSES $13,051

Year-over-Year Comparison

2023 2022 Change
Revenue $76,321 $20,221 +2.8%
Expenses $13,051 $21,110 -0.4%
Net Income $63,270 $-889 -72.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM DARDEN MD PRESIDENT 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 $76,321 $13,051 $1,120,200 $63,270
2023 $20,221 $21,110 $1,056,930 $-889
2022 $51,055 $22,308 $1,057,819 $28,747
2021 $21,569 $12,213 $1,029,072 $9,356
2020 $-21,220 $21,927 $1,019,716 $-43,147
2019 $40,422 $16,266 $1,062,863 $24,156
2018 $74,747 $22,154 $1,038,707 $52,593
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