GEORGIA AIRPORTS ASSOCIATION INC (EIN 582072894) - 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

2012

Legal Domicile

Phone

9126566288

Tax Period

2023-01-01 to 2023-12-31

GEORGIA AIRPORTS ASSOCIATION INC, founded in 2012, is a small nonprofit that reported $360K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170K, a strong 47% operating margin.

Mission

TO PROVIDE, DEVELOP, AND EXPAND A SAFE AND EFFICIENT AIRPORTS SYSTEM TO MEET THE FUTURE ECONOMIC GROWTH OF GEORGIA THROUGH THE FULL IMPLEMENTATION OF THE STATE AVIATION SYSTEM PLAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $18,000

Program Service Revenue $341,999

Investment Income $0

Other Revenue $0

TOTAL REVENUE $359,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $189,653

TOTAL EXPENSES $189,653

Year-over-Year Comparison

	2023	2022	Change
Revenue	$359,999	$293,037	+0.2%
Expenses	$189,653	$305,989	-0.4%
Net Income	$170,346	$-12,952	-14.2%

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

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
VAN MILLS	Treasurer	3.00	Officer Director	$0	$0	$0
AMBER CLARK	President	3.00	Officer Director	$0	$0	$0
BILLY RAGAN	Director	3.00	Director	$0	$0	$0
ANDREW WIERSMA	Past President	3.00	Director	$0	$0	$0
LAUREN SMITH	Director	3.00	Director	$0	$0	$0
DAWOUD STEVENSON	Secretary	3.00	Officer Director	$0	$0	$0
JAMES MARQUARDT	Director	3.00	Director	$0	$0	$0
MATTHEW SMITH	Vice President	3.00	Officer Director	$0	$0	$0
TERRA WINSLETT	Director	3.00	Director	$0	$0	$0
JACOB REDWINE	CORP MEMBER	3.00	Director	$0	$0	$0
DOUGLAS FAOUR	Director	3.00	Director	$0	$0	$0
TERRA WINSLETT	Director	3.00	Director	$0	$0	$0
JONATHAN GAUTHIER	Director	3.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$359,999	$189,653	$405,161	$170,346
2022	$293,037	$305,989	$234,815	$-12,952
2021	$317,903	$199,894	$342,648	$118,009
2020	$178,355	$179,159	$218,389	$-804
2019	$269,027	$278,398	$218,593	$-9,371
2018	$215,319	$188,159	$227,964	$27,160

GEORGIA AIRPORTS ASSOCIATION INC