GEORGIA GOVERNMENT FINANCE OFFICERS' ASSOCIATION

EIN: 581783925

SUWANEE, GA

Total Revenue
$34,050
Total Expenses
$98,645
Total Assets
$561,457
Net Assets
$552,753
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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
1985
Legal Domicile
GA
Principal Officer
CINDY WEST
Phone
7708227715
Tax Period
2023-11-01 to 2024-10-31

GEORGIA GOVERNMENT FINANCE OFFICERS' ASSOCIATION, founded in 1985, is a micro nonprofit that reported $34K in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $99K exceeded revenue, resulting in a 190% operating deficit.

Mission

TO PROMOTE AND FOSTER EXCELLENCE IN GOVERNMENTAL FINANCIAL MANAGEMENT THROUGH PROGRAMS THAT ENHANCE THE ABILITIES, KNOWLEDGE, AND INFLUENCE OF THE GOVERNMENT FINANCE PROFESSIONAL.

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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 $8,534
Program Service Revenue $25,341
Investment Income $0
Other Revenue $175
TOTAL REVENUE $34,050

Expense Breakdown

Grants Paid $13,779
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $84,866
TOTAL EXPENSES $98,645

Year-over-Year Comparison

2023 2022 Change
Revenue $34,050 $307,038 -0.9%
Expenses $98,645 $323,555 -0.7%
Net Income $-64,595 $-16,517 +2.9%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
19

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY WEST PRESIDENT 1.00
Officer Director
$0 $0 $0
LINDA COOK 1ST VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ASHLAN TROUTMAN WEBB 2ND VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
DONNA MCGINNIS TREASURER 1.00
Officer Director
$0 $0 $0
TASHANA RIVERS SECRETARY 0.50
Officer Director
$0 $0 $0
ANGIE SORROW HISTORIAN 0.50
Director
$0 $0 $0
SHERYL BOWMAN PAST PRESIDENT 0.50
Director
$0 $0 $0
JENNIFER FRICKS DIRECTOR 0.50
Director
$0 $0 $0
AMY BENNETT DIRECTOR 0.50
Director
$0 $0 $0
SUSAN VAN NUS DIRECTOR 0.50
Director
$0 $0 $0
RAMONA BIVINS 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 $34,050 $98,645 $561,457 $-64,595
2023 $307,038 $323,555 $522,633 $-16,517
2022 $346,081 $277,058 $509,618 $69,023
2021 $263,136 $318,135 $490,026 $-54,999
2020 $146,546 $65,813 $461,867 $80,733
2019 $348,389 $290,248 $378,348 $58,141
2018 $313,889 $277,915 $294,490 $35,974
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