Georgia Business Aviation Association Inc

EIN: 582474961 Community Improvement

Atlanta, GA

Total Revenue
$167,029
Total Expenses
$49,228
Total Assets
$682,723
Net Assets
$678,836
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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
2006
Legal Domicile
GA
Principal Officer
David G Small
Phone
6786454900
Tax Period
2024-01-01 to 2024-12-31

Georgia Business Aviation Association Inc, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $167K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 71% operating margin.

Mission

To Promote Business Aviation in the State of GA We award scholarships to Georgia students who are pursing higher education in an aviation field. We promote business aviation students

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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 (2024)

Revenue Breakdown

Contributions & Grants $176,449
Program Service Revenue $0
Investment Income $15
Other Revenue $-9,435
TOTAL REVENUE $167,029

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $29,228
TOTAL EXPENSES $49,228

Year-over-Year Comparison

2024 2023 Change
Revenue $167,029 $102,958 +0.6%
Expenses $49,228 $64,520 -0.2%
Net Income $117,801 $38,438 +2.1%
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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashley Charnley Chairwoman 5.00
Officer Director
$0 $0 $0
Kris Parsons Secretary 3.00
Officer Director
$0 $0 $0
Tom Carling Board Member 0.00
Director
$0 $0 $0
Allie Lerma Board Member 0.00
Director
$0 $0 $0
Quincy Hoffine Board Member 0.00
Director
$0 $0 $0
John Farrish Board Member 5.00
Director
$0 $0 $0
Jim Flock Board Member 0.00
Director
$0 $0 $0
David Small Treasurer 5.00
Officer Director
$0 $0 $0
Kevin Rodgers Vice Chair 0.00
Officer Director
$0 $0 $0
Cameron McCune Board Member 0.00
Director
$0 $0 $0
Craig Jones Board Member 0.00
Director
$0 $0 $0
Chandler Brown Board Member 0.00
Director
$0 $0 $0
Dana Rodgers Administrative Director 0.00
Director
$0 $0 $0
Will Leveille Board Member 0.00
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 $167,029 $49,228 $682,723 $117,801
2023 $102,958 $64,520 $561,035 $38,438
2022 $148,996 $46,163 $522,596 $102,833
2021 $126,743 $35,198 $419,763 $91,545
2020 $89,434 $56,655 $330,143 $32,779
2019 $104,634 $64,214 $297,364 $40,420
2018 $101,210 $66,234 $257,989 $34,976
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