GEORGIA CITIES FOUNDATION INC (EIN 582475939) - 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

1999

Legal Domicile

Principal Officer

LARRY HANSON

Phone

6786511030

Tax Period

2023-01-01 to 2023-12-31

GEORGIA CITIES FOUNDATION INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $813K in total revenue in fiscal year 2023. Revenue surged 147% from the prior year, signaling strong growth momentum. The organization ran a surplus of $412K, a strong 51% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO ASSIST CITIES IN THEIR COMMUNITY DEVELOPMENT EFFORTS TO REVITALIZE AND ENHANCE UNDERSERVED DOWNTOWN AREAS BY SERVING AS A PARTNER AND FACILITATOR IN FUNDING CAPITAL PROJECTS, AND BY PROVIDING TRAINING AND TECHNICAL ASSISTANCE.

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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 $450,265

Program Service Revenue $362,018

Investment Income $247

Other Revenue $0

TOTAL REVENUE $812,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $348,673

Other Expenses $400,396

TOTAL EXPENSES $400,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$812,530	$329,522	+1.5%
Expenses	$400,396	$859,850	-0.5%
Net Income	$412,134	$-530,328	-1.8%

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
PAM SESSIONS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY HANSON	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BO CHANCE	BOARD MEMBER	1.00	Director	$0	$0	$0
ELYSE DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
CINQUE AXAM	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM FLOYD	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT REICHERT	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA HEERY	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTER R HUNTLEY JR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
EMORY MORSBERGER	BOARD MEMBER	1.00	Director	$0	$0	$0
JIMMY TALLENT	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDY CARDOZA	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON RIDDICK-SEALS	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHRYN HOUCHINS	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER NUNN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN HARDMAN	BOARD MEMBER	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	$812,530	$400,396	$18,151,208	$412,134
2022	$329,522	$859,850	$17,782,499	$-530,328
2021	$2,164,080	$439,687	$18,257,190	$1,724,393
2020	$343,753	$438,484	$16,565,951	$-94,731
2019	$471,006	$477,028	$16,636,814	$-6,022
2018	$377,183	$553,080	$16,624,976	$-175,897

GEORGIA CITIES FOUNDATION INC