GEORGIA SENIOR LIVING ASSOCIATION INC (EIN 582413373) - 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

CATIE RAMP

Phone

6784072060

Tax Period

2023-01-01 to 2023-12-31

GEORGIA SENIOR LIVING ASSOCIATION INC, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 17% operating margin.

Mission

PROVIDE AN ORGANIZATION FOR THE SENIOR LIVING INDUSTRY THROUGHOUT GEORGIA TO UNITE AND EXCHANGE INFORMATION. ENCOURAGE AND PROMOTE THE DEVELOPMENT OF HIGH STANDARDS FOR SENIOR LIVING COMMUNITIES.PROMOTE THE CONCEPT OF SENIOR LIVING COMMUNITIES WITH PUBLIC AND PRIVATE AGENCIES AND OTHER PROFESSIONALS. EDUCATE THE PUBLIC AND INCREASE STATEWIDE AWARENESS OF SENIOR LIVING.HELP SENIOR LIVING PROVIDERS ADDRESS RELEVANT ISSUES AND CHALLENGES AS THEY ARISE IN THIS EMERGING 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,192,332

Investment Income $27,004

Other Revenue $200

TOTAL REVENUE $1,219,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,895

Fundraising Expenses $0

Other Expenses $613,428

TOTAL EXPENSES $1,013,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,219,536	$912,708	+0.3%
Expenses	$1,013,323	$661,657	+0.5%
Net Income	$206,213	$251,051	-0.2%

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

$129,951

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WOODY DEWEESE	CHAIR	4.00	Officer Director	$0	$0	$0
MICHELLE MINOR	IMMEDIATE PAST CHAIR	4.00	Officer Director	$0	$0	$0
MATT HOPP	VICE CHAIR	4.00	Officer Director	$0	$0	$0
DAVID M JOHNSTON	TREASURER	4.00	Officer Director	$0	$0	$0
TRICIA HOLLOWAY	SECRETARY	4.00	Officer Director	$0	$0	$0
BETH CAYCE	DIRECTOR	1.00	Director	$0	$0	$0
BEAR MAHON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG DUGAN	DIRECTOR	1.00	Director	$0	$0	$0
MELINDA DALLY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BURTON	DIRECTOR AND PAC CHAIR UNTIL 9/2023	1.00	Director	$0	$0	$0
JOHN LAHOOD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL STEGENGA	DIRECTOR	1.00	Director	$0	$0	$0
DREW GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
SERINA DURRAH	DIRECTOR	1.00	Director	$0	$0	$0
CATIE RAMP	CEO/PRESIDENT	40.00	Officer	$127,827	$2,124	$129,951

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	$1,219,536	$1,013,323	$849,619	$206,213
2022	$912,708	$661,657	$690,012	$251,051
2021	$667,468	$442,056	$406,985	$225,412
2020	$514,792	$460,885	$302,548	$53,907
2019	$644,368	$575,782	$298,688	$68,586

GEORGIA SENIOR LIVING ASSOCIATION INC