ACORN FUND INC C/O BERNARD LANIGAN

EIN: 582357939 501(c)(3) Philanthropy & Grantmaking

THOMASVILLE, GA

Total Revenue
$30,193
Total Expenses
$86,148
Total Assets
$1,909,120
Net Assets
$1,909,120
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
GA
Principal Officer
BERNARD LANIGAN JR
Phone
2292268320
Tax Period
2025-01-01 to 2025-12-31

ACORN FUND INC C/O BERNARD LANIGAN, founded in 1997, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $30K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $86K exceeded revenue, resulting in a 185% operating deficit.

Mission

TO BENEFIT & SUPPORT THOMASVILLE GENEALOGICAL HISTORY & FINE ARTS LIBRARY, THOMASVILLE, GEORGIA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $30,193
Other Revenue $0
TOTAL REVENUE $30,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $70,256
Other Expenses $86,148
TOTAL EXPENSES $86,148

Year-over-Year Comparison

2025 2024 Change
Revenue $30,193 $46,361 -0.3%
Expenses $86,148 $83,184 +0.0%
Net Income $-55,955 $-36,823 +0.5%
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

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Governance

Voting Members
4
Independent Members
4
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES OLSON DIRECTOR 0.00
Director
$0 $0 $0
THOMAS H VANN JR DIRECTOR 0.00
Director
$0 $0 $0
BERNARD LANIGAN JR TREASURER 0.00
Officer
$0 $0 $0
PAUL GURLEY PRESIDENT 0.00
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
2025 $30,193 $86,148 $1,909,120 $-55,955
2024 $46,361 $83,184 $1,690,276 $-36,823
2023 $98,066 $84,794 $1,549,235 $13,272
2022 $42,059 $85,609 $1,447,378 $-43,550
2021 $140,079 $79,760 $1,756,159 $60,319
2020 $-20,410 $78,165 $1,521,675 $-98,575
2019 $323,307 $78,204 $1,470,622 $245,103
2018 $66,220 $79,341 $1,350,032 $-13,121
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