THE OGLETHORPE ECHO LEGACY INC

EIN: 873098936 501(c)(3)

LEXINGTON, GA

Total Revenue
$327,271
Total Expenses
$166,430
Total Assets
N/A
Net Assets
N/A
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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
2021
Legal Domicile
GA
Principal Officer
WILLIAM H NESMITH JR
Phone
7067433111
Tax Period
2024-01-01 to 2024-12-31

THE OGLETHORPE ECHO LEGACY INC, founded in 2021, is a small nonprofit that reported $327K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $161K, a strong 49% operating margin.

Mission

Educational in nature, and will consist of the production of a weekly newspaper containing original reporting on local issues and events for Oglethorpe County and the surronding area.

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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 $71,868
Program Service Revenue $251,315
Investment Income $4,088
Other Revenue $0
TOTAL REVENUE $327,271

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,430
Other Expenses $166,430
TOTAL EXPENSES $166,430

Year-over-Year Comparison

2024 2023 Change
Revenue $327,271 $281,715 +0.2%
Expenses $166,430 $108,999 +0.5%
Net Income $160,841 $172,716 -0.1%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM NESMITH PRESIDENT 10.00
Director
$0 $0 $0
AMY STONE SECRETARY 10.00
Director
$0 $0 $0
RANDALL W BRAMLETT TREASURER 10.00
Director
$0 $0 $0
RONALD JONES BOARD MEMBER 10.00
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 $327,271 $166,430 No data $160,841
2023 $281,715 $108,999 No data $172,716
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