BOLL WEEVIL ERADICATION FOUNDATION OF GEORGIA INC

EIN: 581744661 Food, Agriculture & Nutrition

TIFTON, GA

Total Revenue
$2,289,339
Total Expenses
$1,976,083
Total Assets
$6,339,725
Net Assets
$6,339,725
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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
1986
Principal Officer
ALAN LOWMAN
Phone
2294694038
Tax Period
2024-01-01 to 2024-12-31

BOLL WEEVIL ERADICATION FOUNDATION OF GEORGIA INC, founded in 1986, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $2.0M left a modest 14% surplus.

Mission

TO SURPRESS AND ERADICATE THE BOLL WEEVIL FROM THE COTTON FIELDS 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,085,966
Program Service Revenue $0
Investment Income $203,373
Other Revenue $0
TOTAL REVENUE $2,289,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,090,050
Fundraising Expenses $0
Program Expenses $1,976,083
Other Expenses $886,033
TOTAL EXPENSES $1,976,083

Year-over-Year Comparison

2024 2023 Change
Revenue $2,289,339 $2,598,331 -0.1%
Expenses $1,976,083 $1,845,285 +0.1%
Net Income $313,256 $753,046 -0.6%
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
12
Independent Members
12
Employees
17
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
3
$85,000
Total Directors
13
$85,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN LOWMAN EXECUTIVE DI 40.00
Officer Director
$85,000 $0 $85,000
RYNE BRANNEN ALTERNATE N/A
Director
$0 $0 $0
BART DAVIS CHAIRMAN N/A
Officer Director
$0 $0 $0
MIKE EVANS ALTERNATE N/A
Director
$0 $0 $0
TYLER HARPER COMMISSIONER N/A
Director
$0 $0 $0
GARRETT HURLEY ALTERNATE N/A
Director
$0 $0 $0
MIKE LUCAS SECRETARY-TR N/A
Officer Director
$0 $0 $0
HERBERT PRICE PAST-CHAIRMA N/A
Director
$0 $0 $0
GAVIN REED ALTERNATE N/A
Director
$0 $0 $0
JOHN RUARK MEMBER N/A
Director
$0 $0 $0
MARK SHEPHERD ALTERNATE N/A
Director
$0 $0 $0
AUSTIN WARBINGTON MEMBER N/A
Director
$0 $0 $0
BRANDON WOODS ALTERNATE N/A
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 $2,289,339 $1,976,083 $6,339,725 $313,256
2023 $2,598,331 $1,845,285 $6,029,477 $753,046
2022 $2,024,093 $1,801,289 $5,314,059 $222,804
2021 $1,811,217 $1,777,673 $5,087,795 $33,544
2020 $1,876,906 $1,727,165 $5,057,721 $149,741
2019 $1,936,616 $1,670,665 $4,926,307 $265,951
2019 $1,936,616 $1,670,665 $4,926,307 $265,951
2018 $1,457,414 $2,108,583 $4,629,713 $-651,169
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