GEORGIA POWER CO POST-RET LIFE BEN TRUST (EIN 586307573) - 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

1994

Legal Domicile

Principal Officer

BANK OF NEW YORK MELLON

Phone

4122347977

Tax Period

2024-01-01 to 2024-12-31

GEORGIA POWER CO POST-RET LIFE BEN TRUST, founded in 1994, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $4.3M exceeded revenue, resulting in a 16% operating deficit.

Mission

FUNDING POST RETIREMENT LIFE INSURANCE BENEFITS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,734,364

Other Revenue $0

TOTAL REVENUE $3,734,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,085

Fundraising Expenses $0

Other Expenses $230,831

TOTAL EXPENSES $4,348,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,734,364	$2,906,104	+0.3%
Expenses	$4,348,255	$4,426,884	0.0%
Net Income	$-613,891	$-1,520,780	-0.6%

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

N/A

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
N/A	TURSTEE	5.00		$112,085	$0	$112,085
AARON ABRAMOVITZ	DULY AUTHORIZED OFFICER	0.50	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
2024	$3,734,364	$4,348,255	$110,569,970	$-613,891
2023	$2,906,104	$4,426,884	$105,825,370	$-1,520,780
2022	$1,361,245	$4,554,630	$95,654,924	$-3,193,385
2021	$6,700,390	$3,966,433	$122,055,348	$2,733,957
2020	$2,792,724	$4,191,483	$114,424,123	$-1,398,759

GEORGIA POWER CO POST-RET LIFE BEN TRUST