GEORGIA FOOD INDUSTRY EDUCATION FOUNDATION INC

EIN: 582154292 501(c)(3) Education

SMYRNA, GA

Total Revenue
$376,287
Total Expenses
$301,787
Total Assets
$1,245,554
Net Assets
$1,192,398
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
GA
Principal Officer
KATHY KUZAVA
Phone
7704387744
Tax Period
2023-01-01 to 2023-12-31

GEORGIA FOOD INDUSTRY EDUCATION FOUNDATION INC, founded in 1996, is a small nonprofit in the Education sector that reported $376K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 20% operating margin.

Mission

TO PROVIDE ACADEMIC SCHOLARSHIPS TO EMPLOYEES OF MEMBER COMPANIES OF THE GEORGIA FOOD INDUSTRY ASSOCIATION, INC AND THEIR DEPENDENTS, AND TO PROVIDE EDUCATIONAL PROGRAMS BENEFITING THE FOOD INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $278,989
Program Service Revenue $0
Investment Income $20,559
Other Revenue $76,739
TOTAL REVENUE $376,287

Expense Breakdown

Grants Paid $150,800
Salaries & Benefits $0
Fundraising Expenses $9,742
Program Expenses $248,009
Other Expenses $150,987
TOTAL EXPENSES $301,787

Year-over-Year Comparison

2023 2022 Change
Revenue $376,287 $286,365 +0.3%
Expenses $301,787 $302,038 0.0%
Net Income $74,500 $-15,673 -5.8%
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
24
Independent Members
24
Employees
N/A
Volunteers
23

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
6
$271,374
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WARREN BROWN PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN GEHRING CHAIRMAN 1.00
Officer Director
$0 $0 $0
LYNN MICALE SECRETARY 1.00
Officer Director
$0 $0 $0
KERRY HITCHCOCK TREASURER 1.00
Officer Director
$0 $0 $0
GISELLE BYNUM TRUSTEE 1.00
Director
$0 $0 $0
CHUCK CARICOFE TRUSTEE 1.00
Director
$0 $0 $0
JIM CETRULO TRUSTEE 1.00
Director
$0 $0 $0
JEANNE HARNESS VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHAEL GAY TRUSTEE 1.00
Director
$0 $0 $0
BETH GOVERNALE LEFT DURING 2023 TRUSTEE 1.00
Director
$0 $0 $0
KRIS HELMS TRUSTEE 1.00
Director
$0 $0 $0
ROLANDA HOLMAN RESIGNED DURING 2023 TRUSTEE 1.00
Director
$0 $0 $0
DAVID JONES RETIRED DURING 2023 TRUSTEE 1.00
Director
$0 $0 $0
ALICE KIM TRUSTEE 1.00
Director
$0 $0 $0
LINDSAY KOCH TRUSTEE 1.00
Director
$0 $0 $0
DAVID LOGUE TRUSTEE 1.00
Director
$0 $0 $0
BABS PAINE LEFT DURING 2023 TRUSTEE 1.00
Director
$0 $0 $0
JAKE POWELL TRUSTEE 1.00
Director
$0 $0 $0
LEE STREETMAN TRUSTEE 1.00
Director
$0 $0 $0
JOHN WEST TRUSTEE 1.00
Director
$0 $0 $0
GLEN WILKINS TRUSTEE 1.00
Director
$0 $0 $0
RICH FLAHERTY TRUSTEE 1.00
Director
$0 $0 $0
DAVE FRICKE TRUSTEE 1.00
Director
$0 $0 $0
KRISTEN WEST TRUSTEE 1.00
Director
$0 $0 $0
JOHN BISHOP TRUSTEE 1.00
Director
$0 $0 $0
RAY BOONE TRUSTEE 1.00
Director
$0 $0 $0
JOE CARDEN TRUSTEE 1.00
Director
$0 $0 $0
CARYN WOOLLEY TRUSTEE 1.00
Director
$0 $0 $0
KATHY KUZAVA PRESIDENT 10.00
Officer
$0 $35,145 $271,374
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 No data No data No data No data
2023 $376,287 $301,787 $1,245,554 $74,500
2022 $286,365 $302,038 $1,127,042 $-15,673
2021 $330,210 $270,244 $1,270,082 $59,966
2020 $240,013 $178,714 $1,108,538 $61,299
2019 $286,386 $262,179 $1,076,150 $24,207
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