GEORGIA CORPORATION FOR ECONOMIC DEVELOPMENT (EIN 582059120) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

KRISTI BRIGMAN

Phone

4049624007

Tax Period

2022-07-01 to 2023-06-30

GEORGIA CORPORATION FOR ECONOMIC DEVELOPMENT, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2022. Net assets of $3.6M represent 25 months of operating reserves.

Mission

ASSIST IN GEORGIA ECONOMIC DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,717,000

Program Service Revenue $0

Investment Income $36,256

Other Revenue $9,002

TOTAL REVENUE $1,762,258

Expense Breakdown

Grants Paid $229,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,818,975

Other Expenses $1,627,237

TOTAL EXPENSES $1,856,487

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,762,258	$1,747,610	+0.0%
Expenses	$1,856,487	$1,849,765	+0.0%
Net Income	$-94,229	$-102,155	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTI BRIGMAN	EXECUTIVE DI	1.00	Officer Director	$0	$0	$0
AUBREY BROWN	WORKING PART	1.00	Director	$0	$0	$0
JEFF BUZZELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
MORGAN B LAW CECD	WORKING PART	1.00	Director	$0	$0	$0
CRAIG CAMUSO	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER W CARTER	BOARD MEMBER	1.00	Director	$0	$0	$0
PEDRO CHERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS CLARK	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTIN CLAY	WORKING PART	1.00	Director	$0	$0	$0
GRETCHEN CORBIN	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK D'ANDREA	WORKING PART	1.00	Director	$0	$0	$0
N/A	TREASURER	1.00	Officer Director	$0	$0	$0
N/A	WORKING PART	1.00	Director	$0	$0	$0
JEFF DAVIDMAN	WORKING PART	1.00	Director	$0	$0	$0
BOB DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
N/A	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE DONNELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
WALT FARRELL	WORKING PART	1.00	Director	$0	$0	$0
VENESSA HARRISON	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN HEFFERN	WORKING PART	1.00	Director	$0	$0	$0
JAIME HOCKIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE W ROGERS III	BOARD MEMBER	1.00	Director	$0	$0	$0
HOUSTON BASS IV	WORKING PART	1.00	Director	$0	$0	$0
N/A	WORKING PART	1.00	Director	$0	$0	$0
N/A	BOARD MEMBER	1.00	Director	$0	$0	$0
RICH JOHNSON	WORKING PART	1.00	Director	$0	$0	$0
FATIMOT LADIPO	WORKING PART	1.00	Director	$0	$0	$0
LAURA LANE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB LEGGE	WORKING PART	1.00	Director	$0	$0	$0
FRANK MARTIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGIL MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE MITCHELL	WORKING PART	1.00	Director	$0	$0	$0
N/A	WORKING PART	1.00	Director	$0	$0	$0
TRACY PITCHER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOANNA PRICE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE SAEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE C SMITH	WORKING PART	1.00	Director	$0	$0	$0
KATHLEEN SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MALCOM P SMITH	WORKING PART	1.00	Director	$0	$0	$0
BUD WHITMIRE	WORKING PART	1.00	Director	$0	$0	$0
W COFIELD WIDNER	WORKING PART	1.00	Director	$0	$0	$0
N/A	BOARD MEMBER	1.00	Director	$0	$0	$0
PAT WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRITTANY YOUNG	EXECUTIVE DI	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,762,258	$1,856,487	$3,697,760	$-94,229
2022	$1,747,610	$1,849,765	$4,640,630	$-102,155
2021	$1,650,051	$490,016	$4,347,018	$1,160,035
2020	$1,595,124	$950,133	$3,160,581	$644,991
2019	$1,471,595	$1,393,982	$2,092,826	$77,613
2018	$1,558,704	$1,457,968	$2,082,806	$100,736

GEORGIA CORPORATION FOR ECONOMIC DEVELOPMENT