GEORGIA ASSOCIATION OF HMOS INC (EIN 582217161) - 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

Legal Domicile

Principal Officer

JESSE WEATHINGTON

Phone

7707158764

Tax Period

2024-01-01 to 2024-12-31

GEORGIA ASSOCIATION OF HMOS INC, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $406K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $161K, a strong 40% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE THE USE OF HMOS AND HEALTH INSURANCE COMPANIES

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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 $405,900

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $405,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $245,057

Other Expenses $245,057

TOTAL EXPENSES $245,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,900	$266,100	+0.5%
Expenses	$245,057	$202,597	+0.2%
Net Income	$160,843	$63,503	+1.5%

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

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
WADE RAKES	CHAIR	0.50	Officer Director	$0	$0	$0
BEN TWILLEY	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
BRAD BORUM	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
ROBERT BUNCH	DIRECTOR	0.50	Director	$0	$0	$0
SHEA ROSS-SMITH	DIRECTOR	0.50	Director	$0	$0	$0
CINDY FOLLMER	DIRECTOR	0.50	Director	$0	$0	$0
BRYAN PALMER	DIRECTOR	0.50	Director	$0	$0	$0
DENNIS HILLEN	DIRECTOR	0.50	Director	$0	$0	$0
JESSE WEATHINGTON	PRESIDENT/ CEO	25.00	Officer	$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
2024	$405,900	$245,057	$390,006	$160,843
2023	$266,100	$202,597	$229,163	$63,503
2022	$320,933	$270,794	$165,660	$50,139
2021	No data	$224,004	$115,521	No data
2020	$309,867	$183,556	$339,525	$126,311
2019	$336,033	$148,778	$213,214	$187,255

GEORGIA ASSOCIATION OF HMOS INC