Capital Partners Certified Development Company (EIN 581604383) - 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

Barbara Wasson

Phone

4044756000

Tax Period

2024-01-01 to 2024-12-31

Capital Partners Certified Development Company, founded in 1984, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $570K, a strong 19% operating margin.

Mission

To further economic development in 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,905,335

Investment Income $95,087

Other Revenue $0

TOTAL REVENUE $3,000,422

Expense Breakdown

Grants Paid $30,750

Salaries & Benefits $1,882,509

Fundraising Expenses $0

Program Expenses $2,021,430

Other Expenses $517,477

TOTAL EXPENSES $2,430,736

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,000,422	$2,755,181	+0.1%
Expenses	$2,430,736	$2,172,129	+0.1%
Net Income	$569,686	$583,052	0.0%

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

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

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

$1,442,925

Total Directors

$297,433

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nancy Gault	Director	0.50	Director	$0	$0	$0
Sandy Headley	Director	0.50	Director	$0	$0	$0
Jim Brown	Director	0.50	Director	$0	$0	$0
Shawnte Johnson	VP,Underwriting	40.00	Officer	$127,145	$42,941	$170,086
Thomas Kimsey	Director	0.50	Director	$0	$0	$0
Patrick Walsh	Director	0.50	Officer Director	$0	$0	$0
Barbara Wasson	President	40.00	Officer Director	$259,919	$37,514	$297,433
Tracy Adams	Senior VP	40.00	Officer	$172,783	$23,662	$196,445
Tim Souther	EVP, SBA Lending	40.00	Officer	$392,996	$47,606	$440,602
Shelia Greene	VP, Loan Processing	40.00	Officer	$111,604	$40,872	$152,476
Michele Cracraft	VP, Underwriting	40.00	Officer	$141,863	$44,020	$185,883
LeAnn Massey	Director	0.50	Officer Director	$0	$0	$0
Ben Murray	Director	0.50	Director	$0	$0	$0
Brad Simpson	Director	0.50	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
2024	$3,000,422	$2,430,736	$3,567,316	$569,686
2023	$2,755,181	$2,172,129	$2,896,700	$583,052
2022	$2,426,858	$2,053,950	$2,468,052	$372,908
2021	$2,198,742	$1,907,152	$1,705,565	$291,590
2020	$1,875,725	$1,708,433	$988,444	$167,292
2019	$1,769,321	$1,644,280	$880,928	$125,041
2018	$1,791,217	$1,646,133	$668,296	$145,084

Capital Partners Certified Development Company