MORTGAGE BANKERS ASSOCIATION OF GEORGIA FOUNDATION (EIN 581892063) - 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

1990

Legal Domicile

Tax Period

2021-07-01 to 2022-06-30

MORTGAGE BANKERS ASSOCIATION OF GEORGIA FOUNDATION, founded in 1990, is a micro nonprofit in the Housing & Shelter sector that reported $3K in total revenue in fiscal year 2021. Expenses of $9K exceeded revenue, resulting in a 242% operating deficit.

Mission

TO PROVIDE ASSISTANCE TO DISADVANTAGED GA RESIDENTS THROUGH HOME RENOVATIONS AND CONSTRUCTION AND PROVIDE ASSISTANCE FOR GEORGIA RESIDENTS CHALLENGED BY PHYSICAL OR DOMESTIC NEED.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,675

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,736

Other Expenses $9,146

TOTAL EXPENSES $9,146

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,675	N/A	N/A
Expenses	$9,146	N/A	N/A
Net Income	$-6,471	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID FREAS	GOVERNOR	0.00	Director	$0	$0	$0
TIFFANY MAZO	GOVERNOR	0.00	Director	$0	$0	$0
ALVIN SHAH	GOVERNOR	0.00	Director	$0	$0	$0
VERNON TANNER	GOVERNOR	0.00	Director	$0	$0	$0
DAVE MORGAN	GOVERNOR	0.00	Director	$0	$0	$0
CHRIS LANE	GOVERNOR	0.00	Director	$0	$0	$0
STUART GORDAN	GOVERNOR	0.00	Director	$0	$0	$0
CHRIS CLARK	GOVERNOR	0.00	Director	$0	$0	$0
ALESIA PARKER	GOVERNOR	0.00	Director	$0	$0	$0
STEFANIE ELLINGSWORTH	GOVERNOR	0.00	Director	$0	$0	$0
RICK GUERRERO	GOVERNOR	0.00	Director	$0	$0	$0
SARA WHIDDON	GOVERNOR	0.00	Director	$0	$0	$0
DENISE BAUMANN	GOVERNOR	5.00	Director	$0	$0	$0
JASON HULTGREN	GOVERNOR	0.00	Director	$0	$0	$0
DAVID RAPSON	GOVERNOR	0.00	Director	$0	$0	$0
CHRISTY SOUKHAMNENT	GOVERNOR	0.00	Director	$0	$0	$0
KURT OWEN	PRESIDENT	0.00	Officer Director	$0	$0	$0
JOY DYESS	FIRST VICE PRESIDENT	0.00	Officer	$0	$0	$0
JOHN SEMON	SECRETARY-TREASURER	0.00	Officer	$0	$0	$0
GORDON BUSSEY Jr	SECOND VICE PRESIDENT	0.00	Officer	$0	$0	$0
RALPH IPPOLITO	GOVERNOR	0.00	Officer	$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
2022	$2,675	$9,146	$648	$-6,471
2021	$5,100	$8,619	$7,120	$-3,519
2020	$100	$4,736	$10,639	$-4,636
2019	$20,045	$26,553	$16,150	$-6,508
2018	$22,192	$27,210	$20,028	$-5,018

MORTGAGE BANKERS ASSOCIATION OF GEORGIA FOUNDATION