NORTH GEORGIA COMMUNITY FOUNDATION INC

EIN: 581610318 501(c)(3) Philanthropy & Grantmaking

GAINESVILLE, GA

Total Revenue
$25,767,110
Total Expenses
$24,140,383
Total Assets
$126,048,419
Net Assets
$121,354,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
GA
Principal Officer
MICHELLE PRATER
Phone
7705357880
Tax Period
2024-01-01 to 2024-12-31

NORTH GEORGIA COMMUNITY FOUNDATION INC, founded in 1985, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $25.8M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $24.1M left a modest 6% surplus.

Mission

THE NORTH GEORGIA COMMUNITY FOUNDATION HELPS PEOPLE AND NON-PROFITS INVEST GENEROUSLY IN THE LIVES OF THOSE WHO CALL OUR COMMUNITY HOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,453,612
Program Service Revenue $494,046
Investment Income $10,601,017
Other Revenue $218,435
TOTAL REVENUE $25,767,110

Expense Breakdown

Grants Paid $21,542,168
Salaries & Benefits $1,161,044
Fundraising Expenses $287,535
Program Expenses $23,443,348
Other Expenses $1,437,171
TOTAL EXPENSES $24,140,383

Year-over-Year Comparison

2024 2023 Change
Revenue $25,767,110 $20,384,753 +0.3%
Expenses $24,140,383 $15,654,092 +0.5%
Net Income $1,626,727 $4,730,661 -0.7%
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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Governance

Voting Members
26
Independent Members
26
Employees
10
Volunteers
27

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
$277,110
Total Directors
27
$277,110
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE PRATER PRESIDENT-CE 40.00
Officer Director
$248,071 $29,039 $277,110
LISA WARWICK SENIOR VP FI 40.00
Highest
$134,959 $24,184 $159,143
MEGAN EVANS VP COMMUNICA 40.00
Highest
$109,071 $18,111 $127,182
ANDY BANGS BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT BARLOGA BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BELL BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD BLACK BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLE ANN DANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLIE FIVEASH BOARD MEMBER 1.00
Director
$0 $0 $0
RANDALL FROST CHAIR 1.00
Officer Director
$0 $0 $0
DON GRIMSLEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
KRISTI GRIFFIN TREASURER 1.00
Officer Director
$0 $0 $0
LINDA HARDIE BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN HORTON BOARD MEMBER 1.00
Director
$0 $0 $0
TOM JOHNSTON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA JONES BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY MOON BOARD MEMBER 1.00
Director
$0 $0 $0
MARY HELEN MCGRUDER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MICKENS BOARD MEMBER 1.00
Director
$0 $0 $0
TATE O'ROUKE BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA SPENCE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT SHIPPEY BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN STEINES SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN VARDEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JASON VOYLES BOARD MEMBER 1.00
Director
$0 $0 $0
MARY HART WILHEIT BOARD MEMBER 1.00
Director
$0 $0 $0
TREY WOOD BOARD MEMBER 1.00
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 $25,767,110 $24,140,383 $126,048,419 $1,626,727
2023 $20,384,753 $15,654,092 $122,001,601 $4,730,661
2022 $21,735,189 $13,407,696 $106,866,039 $8,327,493
2021 $29,287,202 $18,152,334 $121,312,465 $11,134,868
2020 $29,688,852 $13,271,073 $106,802,389 $16,417,779
2019 $18,797,303 $17,588,165 $77,237,160 $1,209,138
2018 $22,441,774 $8,397,935 $68,333,072 $14,043,839
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