GEORGIA APARTMENT ASSOCIATION INC (EIN 581878750) - 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

1989

Legal Domicile

Principal Officer

MARK SULLIVAN

Phone

7705184248

Tax Period

2023-01-01 to 2023-12-31

GEORGIA APARTMENT ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $408K in total revenue in fiscal year 2023. The organization ran a surplus of $70K, a strong 17% operating margin.

Mission

SUPPORT ITS MEMBERS THROUGH LEGISLATIVE AND INDUSTRY REPRESENTATION, PROVIDE EDUCATION PROGRAMS, INFORMATION AND COMMUNITY RELATION ACTIVITIES LEGISLATION FOR THE APARTMENT INDUSTRY AS A WHOLE AND NOT TO ANY ONE INDIVIDUAL. ALL APARTMENT OWNERS, MANAGERS OR ANY OTHER GROUP OR INDIVIDUALS ARE ELIGIBLE FOR MEMBERSHIP AND THEREBY RECIPIENTS OF THIS INFORMATION.

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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 $75,500

Program Service Revenue $308,790

Investment Income $23,738

Other Revenue $0

TOTAL REVENUE $408,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $337,874

TOTAL EXPENSES $337,874

Year-over-Year Comparison

	2023	2022	Change
Revenue	$408,028	$397,650	+0.0%
Expenses	$337,874	$372,828	-0.1%
Net Income	$70,154	$24,822	+1.8%

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

$310,082

Total Directors

$310,082

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES C FOWLER	PRESIDENT	1.00	Officer Director	$0	$37,711	$310,082
MITCH HARRISON	CHAIR	1.00	Officer Director	$0	$0	$0
TAMMY HILL	DIRECTOR	0.50	Director	$0	$0	$0
SHELLEY LYDEN	DIRECTOR	0.50	Director	$0	$0	$0
LINDSAY BOOTH	DIRECTOR	0.50	Director	$0	$0	$0
KIMBERLY ADDISON	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW BENNETT	DIRECTOR	0.50	Director	$0	$0	$0
MARK BRAMBRUT	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTOPHER C BURNS	DIRECTOR	0.50	Director	$0	$0	$0
JOHN DANIELL	DIRECTOR	0.50	Director	$0	$0	$0
BRETT DUKE	DIRECTOR	0.50	Officer Director	$0	$0	$0
SHERRY FREITAS	DIRECTOR	0.50	Director	$0	$0	$0
ROB GAYLE	DIRECTOR	0.50	Officer Director	$0	$0	$0
AUDREY GRANT-LOTT	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT HAWLEY	DIRECTOR	0.50	Director	$0	$0	$0
TOM SLOAN	DIRECTOR	0.50	Director	$0	$0	$0
ALAN P KING	DIRECTOR	0.50	Director	$0	$0	$0
BRENDA LINDNER	DIRECTOR	0.50	Director	$0	$0	$0
JOHNNY LADSON	DIRECTOR	0.50	Director	$0	$0	$0
JEREMY MESI	DIRECTOR	0.50	Director	$0	$0	$0
JAMIE TEABO	TREASURER	1.00	Officer Director	$0	$0	$0
JON NIXON	DIRECTOR	0.50	Officer Director	$0	$0	$0
NICHOLE REED	DIRECTOR	0.50	Director	$0	$0	$0
SAMANTHA ROWE	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
MELISSA WHITE	DIRECTOR	0.50	Officer Director	$0	$0	$0
REBECCA WICKMAN	DIRECTOR	0.50	Director	$0	$0	$0
MONICA SOMMERS	SECRETARY	1.00	Officer Director	$0	$0	$0
TRACY CHAMBERS	DIRECTOR	0.50	Director	$0	$0	$0
COURTNEY MURRAH	DIRECTOR	0.50	Director	$0	$0	$0
NICHOLE MARTIN	DIRECTOR	0.50	Director	$0	$0	$0
SHELLY CAMPBELL	DIRECTOR	0.50	Director	$0	$0	$0
LANE MYERS	DIRECTOR	0.50	Director	$0	$0	$0
BRANDI BOUDOIN	DIRECTOR	0.50	Director	$0	$0	$0
MARY HOLLANDS	DIRECTOR	0.50	Director	$0	$0	$0
ABBY COUICK	DIRECTOR	0.50	Director	$0	$0	$0
GREG MARK	DIRECTOR	0.50	Director	$0	$0	$0
DANA HILL	DIRECTOR	0.50	Director	$0	$0	$0
CHLOE DEAN	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	No data	No data	No data	No data
2023	$408,028	$337,874	$725,782	$70,154
2022	$397,650	$372,828	$661,232	$24,822
2021	$321,456	$298,154	$628,371	$23,302
2020	$59,893	$123,751	$668,013	$-63,858
2019	$267,831	$213,037	$656,168	$54,794
2018	$284,197	$265,177	$653,755	$19,020

GEORGIA APARTMENT ASSOCIATION INC