Georgia Certified Development Corp (EIN 581919598) - 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

1994

Legal Domicile

Principal Officer

Anthony Christopher

Phone

4044422480

Tax Period

2024-01-01 to 2024-12-31

Georgia Certified Development Corp, founded in 1994, is a small nonprofit that reported $961K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

Facilitate Economic Development

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $960,136

Investment Income $0

Other Revenue $976

TOTAL REVENUE $961,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $653,740

Fundraising Expenses $0

Program Expenses $736,011

Other Expenses $421,473

TOTAL EXPENSES $1,075,213

Year-over-Year Comparison

	2024	2023	Change
Revenue	$961,112	$1,126,470	-0.1%
Expenses	$1,075,213	$1,074,216	+0.0%
Net Income	$-114,101	$52,254	-3.2%

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

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
Marva Bryan	Director	0.00	Director	$0	$0	$0
Michael Broadbear	ChairmanSecretary	0.00	Director	$0	$0	$0
Nena Gilreath	Director	0.00	Director	$0	$0	$0
Keith Patel	Director	0.00	Director	$0	$0	$0
Akilah Clarke	Director	0.00	Director	$0	$0	$0
Tim Thomas	Director	0.00	Director	$0	$0	$0
Scott Coleman	Director	0.00	Director	$0	$0	$0
Arthur J Ensley	Director	0.00	Director	$0	$0	$0
Anthony Christopher	President & CEO	40.00	Officer Highest	$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	$961,112	$1,075,213	$349,650	$-114,101
2023	$1,126,470	$1,074,216	$524,307	$52,254
2022	$986,098	$1,039,137	$473,620	$-53,039
2021	$1,121,462	$1,060,214	$330,034	$61,248
2020	$774,968	$939,520	$209,541	$-164,552
2019	$1,099,872	$909,924	$447,955	$189,948
2018	$659,383	$758,495	$206,702	$-99,112

Georgia Certified Development Corp