GEORGIA RESTAURANT ASSOCIATION FOUNDATION INC (EIN 850672071) - 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

2020

Legal Domicile

Principal Officer

KAREN BREMER CAE

Phone

4044679000

Tax Period

2022-01-01 to 2022-12-31

GEORGIA RESTAURANT ASSOCIATION FOUNDATION INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $161K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $242K exceeded revenue, resulting in a 50% operating deficit.

Mission

TO SERVE AS THE VOICE OF GEORGIA'S RESTAURANTS IN ADVOCACY, EDUCATION, AND AWARENESS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $150,234

Program Service Revenue $10,846

Investment Income $0

Other Revenue $0

TOTAL REVENUE $161,080

Expense Breakdown

Grants Paid $90,500

Salaries & Benefits $4,503

Fundraising Expenses $4,692

Program Expenses $207,105

Other Expenses $147,415

TOTAL EXPENSES $242,418

Year-over-Year Comparison

	2022	2021	Change
Revenue	$161,080	$223,750	-0.3%
Expenses	$242,418	$78,865	+2.1%
Net Income	$-81,338	$144,885	-1.6%

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

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

$253,231

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE FISCHER	CHAIR/PAST CHAIR	1.00	Officer Director	$0	$0	$0
HANK CLARK	PAST CHAIR	1.00	Officer Director	$0	$0	$0
JUSTIN TRIPLETT	VICE CHAIR/CHAIR	1.00	Officer Director	$0	$0	$0
ALEXIS KINSEY	SECRETARY/VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOSEPH HSIAO	SECRETARY	1.00	Officer Director	$0	$0	$0
PERRY MCGUIRE	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN BREMER CAE	CEO	1.00	Officer	$0	$41,205	$253,231

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
2022	$161,080	$242,418	$125,850	$-81,338
2021	$223,750	$78,865	$167,560	$144,885

GEORGIA RESTAURANT ASSOCIATION FOUNDATION INC