GEORGIA BUSINESS COUNCIL INC (EIN 581828236) - 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

1987

Legal Domicile

Principal Officer

STACEY KEY

Phone

4045894929

Tax Period

2023-01-01 to 2023-12-31

GEORGIA BUSINESS COUNCIL INC, founded in 1987, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. The organization ran a surplus of $518K, a strong 24% operating margin.

Mission

TO FOSTER AND EXPAND MUTUALLY BENEFICIAL ECONOMIC OPPORTUNITIES BETWEEN CERTIFIED MINORITY BUSINESS ENTERPRISES (MBEs) CORPORATIONS, AND GOVERNMENT ENTITIES WITHIN THE STATE OF GEORGIA; AND TO HELP BUILD A STRONGER,

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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 (2023)

Revenue Breakdown

Contributions & Grants $683,755

Program Service Revenue $1,120,734

Investment Income $3,344

Other Revenue $371,656

TOTAL REVENUE $2,179,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $769,745

Fundraising Expenses $300,904

Program Expenses $542,386

Other Expenses $891,549

TOTAL EXPENSES $1,661,294

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,179,489	$2,064,280	+0.1%
Expenses	$1,661,294	$1,569,432	+0.1%
Net Income	$518,195	$494,848	+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

N/A

Volunteers

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

$308,263

Total Directors

$308,263

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS BURRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
TREMESE DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
NEDRA DICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACEY GRACE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTI JORDAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RAVEN SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN MCNALLY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID BRAXTON	BOARD MEMBER	1.00	Director	$0	$0	$0
VALERIE NESBITT	BOARD MEMBER	1.00	Director	$0	$0	$0
LAUREN COSTLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN TAUNTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK MCPHERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
FERNANDO HERNANDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH AMBERSLEY	TREASURER	1.00	Officer Director	$0	$0	$0
CLOVICE VAUGHN	SECRETARY	1.00	Officer Director	$0	$0	$0
WASSEL LEWIS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
VICKI IRWIN-AVERY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
STACEY KEY	PRESIDENT & CEO	60.00	Officer Director	$275,836	$32,427	$308,263

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	No data	No data	No data	No data
2023	$2,179,489	$1,661,294	$3,607,659	$518,195
2022	$2,064,280	$1,569,432	$3,032,497	$494,848
2021	$2,030,983	$1,343,670	$2,747,157	$687,313
2020	$1,576,799	$1,270,955	$2,035,312	$305,844
2019	$1,518,559	$1,407,818	$1,520,386	$110,741
2018	$1,352,511	$1,037,169	$1,410,159	$315,342

GEORGIA BUSINESS COUNCIL INC