THE COMMUNITY FOUNDATION OF NORTHWEST GEORGIA INC (EIN 582360356) - 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

1998

Legal Domicile

Principal Officer

TOM MINOR IV

Phone

7062759117

Tax Period

2023-01-01 to 2023-12-31

THE COMMUNITY FOUNDATION OF NORTHWEST GEORGIA INC, founded in 1998, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.2M in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $263.6M exceeded revenue, resulting in a 2485% operating deficit.

Mission

TO SERVE THE NEEDS OF THE NORTHWEST GEORGIA REGION AND TO BENEFIT AND PROMOTE THE WELL BEING OF VARIOUS COMMUNITIES SERVED BY THE FOUNDATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,155,386

Program Service Revenue $0

Investment Income $3,333,275

Other Revenue $711,646

TOTAL REVENUE $10,200,307

Expense Breakdown

Grants Paid $261,852,746

Salaries & Benefits $681,223

Fundraising Expenses $96,904

Program Expenses $262,317,720

Other Expenses $1,115,939

TOTAL EXPENSES $263,649,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,200,307	$273,527,936	-1.0%
Expenses	$263,649,908	$6,329,801	+40.7%
Net Income	$-253,449,601	$267,198,135	-1.9%

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

Volunteers

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

$197,995

Total Directors

$197,995

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID AFT	PRESIDENT	40.00	Officer Director	$171,614	$26,381	$197,995
TOM MINOR IV	CHAIR, BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
MIKE BABB	DIRECTOR	1.00	Director	$0	$0	$0
KRISTY S BROWN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE CROWLEY	DIRECTOR	1.00	Director	$0	$0	$0
BILL DAVIES	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL DUDLEY	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN EVANS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN FARROW	DIRECTOR	1.00	Director	$0	$0	$0
DONNA HAIR	DIRECTOR	1.00	Director	$0	$0	$0
JASON PARKER	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW MOORE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK NELSON	DIRECTOR	1.00	Director	$0	$0	$0
TATE O'GWIN	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA REED	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINE SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
LESTER TATE	DIRECTOR	1.00	Director	$0	$0	$0
RANDY THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET VENABLE	DIRECTOR	1.00	Director	$0	$0	$0
BILL WEAVER	DIRECTOR	1.00	Director	$0	$0	$0
ETHAN CALHOUN	DIRECTOR	1.00	Director	$0	$0	$0
KATORA PRINTUP	DIRECTOR	1.00	Director	$0	$0	$0
MITCH SANFORD	DIRECTOR	1.00	Director	$0	$0	$0
RANDELL TRAMMELL	DIRECTOR	1.00	Director	$0	$0	$0
MARISSA BROWER	DIRECTOR	1.00	Director	$0	$0	$0
BECKY CARR	DIRECTOR	1.00	Director	$0	$0	$0
KIRK JARRETT	DIRECTOR	1.00	Director	$0	$0	$0
GREG PATTON	DIRECTOR	1.00	Director	$0	$0	$0
DAN WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GREGG	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$10,200,307	$263,649,908	$88,743,101	$-253,449,601
2022	$273,527,936	$6,329,801	$335,271,298	$267,198,135
2021	$15,780,742	$7,238,794	$78,026,679	$8,541,948
2020	$8,443,191	$5,586,492	$61,991,770	$2,856,699

THE COMMUNITY FOUNDATION OF NORTHWEST GEORGIA INC