THE GROCERY SPOT INC

EIN: 861719220 501(c)(3) Youth Development

ATLANTA, GA

Total Revenue
$768,435
Total Expenses
$724,998
Total Assets
$284,907
Net Assets
$284,907
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
GA
Principal Officer
MATTHEW JONES
Phone
6154848522
Tax Period
2024-01-01 to 2024-12-31

THE GROCERY SPOT INC, founded in 2019, is a small nonprofit in the Youth Development sector that reported $768K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $725K left a modest 6% surplus.

Mission

TO EMPOWER AND UPLIFT THE METRO ATLANTA AREA COMMUNITY BY ADDRESSING ESSENTIAL NEEDS AND FOSTERING OPPORTUNITIES FOR GROWTH AND WELL-BEING.

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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 $768,435
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $768,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,233
Fundraising Expenses $0
Program Expenses $724,998
Other Expenses $626,765
TOTAL EXPENSES $724,998

Year-over-Year Comparison

2024 2023 Change
Revenue $768,435 $810,802 -0.1%
Expenses $724,998 $658,496 +0.1%
Net Income $43,437 $152,306 -0.7%
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
3
Independent Members
1
Employees
26
Volunteers
600

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
3
$44,800
Total Directors
3
$44,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW JONES PRESIDENT 30.00
Officer Director
$23,800 $0 $23,800
MICHELLE JONES SECRATARY 30.00
Officer Director
$21,000 $0 $21,000
CHRISTY BETZ TREASURER 30.00
Officer 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 $768,435 $724,998 $284,907 $43,437
2023 $810,802 $658,496 $241,470 $152,306
2022 $283,645 $194,481 $89,164 $89,164
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