FAMILY RESOURCE AGENCY OF NORTH GEORGIA INC (EIN 582127749) - 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

Principal Officer

PAULA BACON

Phone

4234799339

Tax Period

2024-01-01 to 2024-12-31

FAMILY RESOURCE AGENCY OF NORTH GEORGIA INC, founded in 1994, is a mid-sized nonprofit that reported $14.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO SERVE FAMILIES, CHILDREN AND ADULTS IN WAYS THAT IMPROVE THEIR QUALITY OF LIFE AND ENABLE THEM TO BECOME MORE SELF-SUFFICIENT, PRODUCTIVE MEMBERS OF THE COMMUNITY.

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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 $14,741,991

Program Service Revenue $0

Investment Income $-19,280

Other Revenue $0

TOTAL REVENUE $14,722,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,866,839

Fundraising Expenses $0

Program Expenses $13,612,581

Other Expenses $4,496,512

TOTAL EXPENSES $14,363,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,722,711	$13,490,036	+0.1%
Expenses	$14,363,351	$13,486,233	+0.1%
Net Income	$359,360	$3,803	+93.5%

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

260

Volunteers

369

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

$389,040

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEANA LAUDNER	PAST PRESIDENT	1.00	Director	$0	$0	$0
SANDRA HOLDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN CORUM	PRESIDENT ELECT	1.00	Director	$0	$0	$0
CATHY ALLSHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN BARTO	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
KELLY BROWAND	DIRECTOR	1.00	Director	$0	$0	$0
AMBER CURRY	PC REP ALT	1.00	Director	$0	$0	$0
TAMMIE WALKER	DIRECTOR	1.00	Director	$0	$0	$0
MORGAN RICHARDS	PC REP ALT	1.00	Director	$0	$0	$0
RYAN GOODMAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON HARTMAN	SECRETARY/TEASURER	1.00	Director	$0	$0	$0
SHARON HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE POPE	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL PINTO	GA PC REP	1.00	Director	$0	$0	$0
PAIGE RAPSON	DIRECTOR	1.00	Director	$0	$0	$0
TIM TATUM	DIRECTOR	1.00	Director	$0	$0	$0
PAULA BACON	CEO	20.00	Officer	$92,415	$9,398	$194,228
JOE ADAMS	FISCAL DIRECTOR	20.00	Officer	$92,695	$9,422	$194,812

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	$14,722,711	$14,363,351	$1,776,625	$359,360
2023	$13,490,036	$13,486,233	$1,832,223	$3,803
2022	$12,329,517	$12,369,491	$1,737,951	$-39,974
2021	$12,517,311	$12,539,831	$1,963,672	$-22,520
2020	$12,427,292	$12,431,126	$1,986,192	$-3,834
2019	$12,321,046	$12,318,159	$1,990,026	$2,887
2018	$12,099,999	$12,100,687	$2,125,666	$-688

FAMILY RESOURCE AGENCY OF NORTH GEORGIA INC