Southeast Gwinnett Cooperative Ministry Inc (EIN 581991483) - 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

1991

Legal Domicile

Principal Officer

Laura Drake

Phone

6784687508

Tax Period

2024-01-01 to 2024-12-31

Southeast Gwinnett Cooperative Ministry Inc, founded in 1991, is a community nonprofit in the Religion sector that reported $2.6M in total revenue in fiscal year 2024.

Mission

To provide food and emergency financial assistance to families in need throughout Southeastern Gwinnett County, Georgia

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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 $2,554,194

Program Service Revenue $0

Investment Income $16,494

Other Revenue $4,712

TOTAL REVENUE $2,575,400

Expense Breakdown

Grants Paid $1,959,756

Salaries & Benefits $217,223

Fundraising Expenses $3,437

Program Expenses $2,411,597

Other Expenses $351,294

TOTAL EXPENSES $2,528,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,575,400	$2,469,341	+0.0%
Expenses	$2,528,273	$2,619,464	0.0%
Net Income	$47,127	$-150,123	-1.3%

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

$62,456

Total Directors

$62,456

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Drake	Executive Director	040.00	Officer Director	$62,456	$0	$62,456
Susan McKenzie	President	003.00	Officer Director	$0	$0	$0
Dottie Merrifield	Vice President	003.00	Officer Director	$0	$0	$0
Therese Rinehart	Secretary	003.00	Officer Director	$0	$0	$0
Kelly Goldsmith	Treasurer	010.00	Officer Director	$0	$0	$0
Gene Robinson	Board Member	001.00	Director	$0	$0	$0
Margaret Powers	Board Member	001.00	Director	$0	$0	$0
Todd Parker	Board Member	001.00	Director	$0	$0	$0
Becky Yount	Board Member	001.00	Director	$0	$0	$0
Trudy Hanson	Board Member	001.00	Director	$0	$0	$0
Marquita Brantley	Board Member	001.00	Director	$0	$0	$0
Karen Sills	Board Member	001.00	Director	$0	$0	$0
Doug Schendel	Board Member	001.00	Director	$0	$0	$0
Denise Strength	Board Member	001.00	Director	$0	$0	$0
Paige Bowden	Board Member	001.00	Director	$0	$0	$0
Amanda Crowe	Board Member	001.00	Director	$0	$0	$0
Janet King	Board Member	001.00	Director	$0	$0	$0
Linda Singleton	Board Member	001.00	Director	$0	$0	$0
Althea Penn	Board Member	001.00	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	$2,575,400	$2,528,273	$1,390,388	$47,127
2023	$2,469,341	$2,619,464	$1,340,144	$-150,123
2022	$1,675,279	$1,718,350	$1,495,311	$-43,071
2021	$1,662,888	$1,681,610	$1,539,091	$-18,722
2020	$2,509,352	$1,777,861	$1,556,950	$731,491
2019	$1,082,544	$1,036,788	$862,927	$45,756
2018	$972,385	$995,276	$878,154	$-22,891

Southeast Gwinnett Cooperative Ministry Inc