Catholic Foundation Of South Georgia Inc
Catholic Foundation Of South Georgia Inc shows consistent asset growth and zero executive compensation.
EIN: 200184774 · Savannah, GA · Updated: 2026-03-28
Is Catholic Foundation Of South Georgia Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Foundation Of South Georgia Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Foundation Of South Georgia Inc
Catholic Foundation Of South Georgia Inc (EIN: 200184774) is a nonprofit organization based in Savannah, GA. The organization reported total revenue of $14.2M and total assets of $63.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Foundation Of South Georgia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Foundation Of South Georgia Inc is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$374K |
| Total Assets | $45.4M |
| Total Liabilities | $3.4M |
| Net Assets | $42.0M |
| Operating Margin | 17.3% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 304.4 months |
Financial Health Grade: A
In 2024, Catholic Foundation Of South Georgia Inc reported a surplus of $374K with revenue exceeding expenses, holds 304.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Catholic Foundation Of South Georgia Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.2% | -27.2% | +14.1% |
| 2023 | -47.3% | +133.4% | +17.4% |
| 2022 | -41.7% | -59.0% | -6.8% |
| 2021 | +257.6% | +52.9% | +56.4% |
| 2020 | -51.3% | +83.2% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Foundation Of South Georgia Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Catholic Foundation Of South Georgia Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $374K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of this size with assets exceeding $45 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Catholic Foundation Of South Georgia Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in available data
- Unusually consistent 0% officer compensation for an organization with significant assets, which might obscure how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Catholic Foundation Of South Georgia Inc:
- Consistent asset growth, indicating strong financial health and sustainability (e.g., from $12.8M in 201506 to $45.3M in 202406).
- Excellent transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Efficient expense management, with expenses often significantly lower than revenue, contributing to asset accumulation (e.g., $4.5M revenue vs. $1.0M expenses in 202206).
Frequently Asked Questions about Catholic Foundation Of South Georgia Inc
Is Catholic Foundation Of South Georgia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Foundation Of South Georgia Inc (EIN: 200184774) some concerns. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
How does Catholic Foundation Of South Georgia Inc spend its money?
Catholic Foundation Of South Georgia Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catholic Foundation Of South Georgia Inc tax-deductible?
Catholic Foundation Of South Georgia Inc is registered as a tax-exempt nonprofit (EIN: 200184774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure relies heavily on other entities for administrative support.
What is the primary source of the organization's significant asset growth?
The consistent growth in assets, from $12.8 million in 201506 to $45.3 million in 202406, is likely driven by a combination of investment returns on its endowment and revenue exceeding expenses in most fiscal periods, such as the $3.5 million surplus in 202206.
What are the specific programs funded by the Catholic Foundation Of South Georgia Inc?
The provided IRS 990 data does not detail the specific programs or initiatives funded by the organization. Further investigation into their public statements or website would be necessary to understand their programmatic activities.
Filing History
IRS 990 filing history for Catholic Foundation Of South Georgia Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Catholic Foundation Of South Georgia Inc's revenue has grown by 533.5%, moving from $341K to $2.2M. Total assets increased by 816.9% over the same period, from $4.9M to $45.4M. Total functional expenses rose by 1290.7%, from $129K to $1.8M. In its most recent filing year (2024), Catholic Foundation Of South Georgia Inc reported a surplus of $374K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $45.4M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $42.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $1.8M | $45.4M | $3.4M | — | View 990 |
| 2023 | $2.4M | $2.5M | $39.7M | $4.0M | — | View 990 |
| 2022 | $4.6M | $1.1M | $33.9M | $2.3M | — | View 990 |
| 2021 | $7.8M | $2.6M | $36.3M | $4.0M | — | View 990 |
| 2020 | $2.2M | $1.7M | $23.2M | $2.6M | — | View 990 |
| 2019 | $4.5M | $916K | $21.9M | $3.0M | — | View 990 |
| 2018 | $3.3M | $741K | $16.8M | $2.9M | — | — |
| 2017 | $1.6M | $769K | $15.7M | $448K | — | View 990 |
| 2016 | $1.8M | $610K | $13.5M | $54K | — | View 990 |
| 2015 | $1.6M | $683K | $12.8M | $209K | — | View 990 |
| 2014 | $7.4M | $1.1M | $11.9M | $214K | — | View 990 |
| 2013 | $552K | $383K | $5.4M | $205K | — | View 990 |
| 2012 | $341K | $129K | $4.9M | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.2M, expenses of $1.8M, and assets of $45.4M (revenue -10.2% year-over-year).
- 2023: Revenue of $2.4M, expenses of $2.5M, and assets of $39.7M (revenue -47.3% year-over-year).
- 2022: Revenue of $4.6M, expenses of $1.1M, and assets of $33.9M (revenue -41.7% year-over-year).
- 2021: Revenue of $7.8M, expenses of $2.6M, and assets of $36.3M (revenue +257.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.7M, and assets of $23.2M (revenue -51.3% year-over-year).
- 2019: Revenue of $4.5M, expenses of $916K, and assets of $21.9M (revenue +38.2% year-over-year).
- 2018: Revenue of $3.3M, expenses of $741K, and assets of $16.8M (revenue +104.7% year-over-year).
- 2017: Revenue of $1.6M, expenses of $769K, and assets of $15.7M (revenue -11.5% year-over-year).
- 2016: Revenue of $1.8M, expenses of $610K, and assets of $13.5M (revenue +12.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $683K, and assets of $12.8M (revenue -78.5% year-over-year).
- 2014: Revenue of $7.4M, expenses of $1.1M, and assets of $11.9M (revenue +1242.9% year-over-year).
- 2013: Revenue of $552K, expenses of $383K, and assets of $5.4M (revenue +61.7% year-over-year).
- 2012: Revenue of $341K, expenses of $129K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Foundation Of South Georgia Inc:
Data Sources and Methodology
This transparency report for Catholic Foundation Of South Georgia Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.