ATLANTA, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GEORGIA MICRO ENTERPRISE NETWORK INC, founded in 1997, is a mid-sized nonprofit in the Community Improvement sector that reported $21.7M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring.
THE GEORGIA MICRO ENTERPRISE NETWORK (GMEN) IS A NONPROFIT ASSOCIATION THAT IS A CATALYST FOR ECONOMIC DEVELOPMENT IN GEORGIA. THROUGH ITS NETWORK OF BUSINESS DEVELOPMENT TRAINING AND LENDING ORGANIZATIONS (MDOS), GMEN SERVES AS A RESOURCE TO SUPPORT ANDFUND VIABLE MICROBUSINESSES IN AN EFFORT TO CREATE NEW JOBS AND BUSINESS OPPORTUNITIES. OUR MOTTO IS, BRINGING URBAN AND RURAL BUSINESSES DEVELOPMENT TOGETHER AND OUR MISSION IS TO CREATE OPPORTUNITIES AND SUPPORT FOR MICROBUSINESS DEVELOPMENT AS AN AVENUE FOR ECONOMIC SELFSUFFICIENCY IN GEORGIA. THIS IS ACHIEVED BY PROVIDING SUPPORT FOR VIABLE BUSINESSES, DRIVING ECONOMIC GROWTH BY CREATING SELFSUFFICIENT INDIVIDUALS, CONTRIBUTING TO SUSTAINABLE ECONOMIC DEVELOPMENT, CREATING NEW JOBS, AND IMPLEMENTING INDUSTRY STANDARDS AND ACCREDITATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $21,674,350 | $29,672,011 | -0.3% |
| Expenses | $21,707,721 | $28,784,594 | -0.2% |
| Net Income | $-33,371 | $887,417 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| THELMA ADAMS JOHNSON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TERRENCE BURROUGH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT B COOKE | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIA S MENEFIELD | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIKA SMITH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES JONES | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROD WALLACE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ALEX YACOUB | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH WILSON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$197,580 | $0 | $197,580 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $21,674,350 | $21,707,721 | $1,750,524 | $-33,371 |
| 2022 | $29,672,011 | $28,784,594 | $4,749,947 | $887,417 |
| 2021 | $11,565,162 | $10,950,318 | $4,095,109 | $614,844 |
| 2020 | $1,529,945 | $739,842 | $817,710 | $790,103 |
Compare GEORGIA MICRO ENTERPRISE NETWORK INC with other nonprofits in Georgia and across the country.