GREATER ACWORTH BUS & PROF ASSOCIATION INC

EIN: 581909364 Community Improvement

ACWORTH, GA

Total Revenue
$241,587
Total Expenses
$241,825
Total Assets
$79,845
Net Assets
$53,751
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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
1984
Legal Domicile
GA
Principal Officer
KIM WIGINGTON
Phone
7704231330
Tax Period
2025-01-01 to 2025-12-31

GREATER ACWORTH BUS & PROF ASSOCIATION INC, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $242K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

ORGANIZATION PROMOTES ECONOMIC & BUSINESS GROWTH IN THE ACWORTH GEORGIA AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $239,777
Investment Income $1,810
Other Revenue $0
TOTAL REVENUE $241,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $18,184
Program Expenses $223,641
Other Expenses $241,825
TOTAL EXPENSES $241,825

Year-over-Year Comparison

2025 2024 Change
Revenue $241,587 $211,979 +0.1%
Expenses $241,825 $205,105 +0.2%
Net Income $-238 $6,874 -1.0%
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

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Governance

Voting Members
15
Independent Members
15
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUDY GARZA PAST PRESIDE N/A
Officer
$0 $0 $0
KIM WIGINGTON PRESIDENT N/A
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
2025 $241,587 $241,825 $79,845 $-238
2024 $211,979 $205,105 $67,680 $6,874
2023 $204,451 $185,417 $60,345 $19,034
2022 $186,155 $181,901 $41,918 $4,254
2021 $149,600 $144,352 $44,012 $5,248
2020 $77,120 $85,468 $63,457 $-8,348
2019 $171,255 $168,016 $41,530 $3,239
2018 $153,951 $142,791 $53,449 $11,160
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