Is Georgia Robotics Alliance Inc Legit?

Quick charity verification for Georgia Robotics Alliance Inc (EIN: 205604200)

Verdict: Georgia Robotics Alliance Inc appears trustworthy

85/100Mission Score
$296KRevenue
$171KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Georgia Robotics Alliance Inc. demonstrates a fluctuating financial history, with revenues and expenses varying significantly year-to-year. For instance, revenue dropped from $529,910 in 2019 to $88,118 in 2022, before recovering to $184,877 in 2023. Despite these fluctuations, the organization consistently reports $0 in liabilities across all available filings, indicating a strong balance sheet and responsible debt management. The organization also consistently reports 0% officer compensation, which is a positive indicator for donor confidence and suggests resources are directed towards its mission rather than executive salaries. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of 10 reported periods, including the most recent 2023 period where expenses were $223,505 against revenues of $184,877. This trend, if continued, could impact long-term sustainability despite healthy asset levels. The lack of officer compensation and zero liabilities are strong points for transparency and financial prudence.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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