GEORGIA WORKERS COMPENSATION ASSOCIATION INC

EIN: 582120477

SAVANNAH, GA

Total Revenue
$90,747
Total Expenses
$74,084
Total Assets
$146,054
Net Assets
$146,054
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
GA
Principal Officer
GARLANA MATHEWS
Phone
9126670441
Tax Period
2020-01-01 to 2020-12-31

GEORGIA WORKERS COMPENSATION ASSOCIATION INC, founded in 1975, is a micro nonprofit that reported $91K in total revenue in fiscal year 2020. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 18% operating margin.

Mission

THE MISSON OF GEORGIA WORKERS COMPENSATION IS TO EDUCATE AND INFORM EMPLOYERS ON ISSUES RELATED TO WORKERS COMPENSATION AND TO SERVE AS AN ADVOCATE FOR EMPLOYERS ON WORKERS COMPENSATION ISSUES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $42,975
Program Service Revenue $47,572
Investment Income $0
Other Revenue $200
TOTAL REVENUE $90,747

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,520
Other Expenses $74,084
TOTAL EXPENSES $74,084

Year-over-Year Comparison

2020 2019 Change
Revenue $90,747 $186,186 -0.5%
Expenses $74,084 $173,067 -0.6%
Net Income $16,663 $13,119 +0.3%
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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Governance

Voting Members
15
Independent Members
14
Employees
N/A
Volunteers
21

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
4
$0
Total Directors
13
$38,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARLANA MATHEWS DIRECTOR 5.00
Director
$38,100 $0 $38,100
CONNIE CHANDLER PAST CHARIMA 1.00
Officer
$0 $0 $0
ELIZABETH SMITH SECRETARY/ T 1.00
Officer
$0 $0 $0
CHRIS SHAW CHAIRMAN 1.00
Officer
$0 $0 $0
MIKE BAGLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH BAILEY VICE CHARIMA 1.00
Officer
$0 $0 $0
SUSAN EMERSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHELDON FRAM BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA RATCLIFF EMERITUS 1.00
Director
$0 $0 $0
BARBARA BARRETT BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY DEVLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ELISABETH ECKLES BOARD MEMBER 1.00
Director
$0 $0 $0
EDDIE KINNARD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID UHLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SMITHERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CONNIE WILBANKS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN FERVIER DIRECTOR EME 1.00
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
2020 $90,747 $74,084 $146,054 $16,663
2019 $186,186 $173,067 $129,391 $13,119
2018 $135,620 $133,395 $116,272 $2,225
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