Ga Resource Capital Inc
Ga Resource Capital Inc reports $0 revenue and assets in its latest filing, following years of operating deficits.
EIN: 200602660 · Suwanee, GA · Updated: 2026-03-28
Is Ga Resource Capital Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ga Resource Capital Inc
Ga Resource Capital Inc (EIN: 200602660) is a nonprofit organization based in Suwanee, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ga Resource Capital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ga Resource Capital Inc with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Ga Resource Capital Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings (2011-2015), which is unusual for an organization with historical revenues exceeding $1 million, and suggests either a volunteer-led structure or a lack of paid executive staff.
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 Ga Resource Capital Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
- Consistent operating deficits over multiple years (e.g., 201509, 201409, 201109).
- High liabilities-to-assets ratio in prior operational years (e.g., 201409 assets $123,206 vs. liabilities $1,659,388).
Strengths
The following positive indicators were identified for Ga Resource Capital Inc:
- No officer compensation reported across all filings, suggesting a potentially volunteer-driven model during its active years.
Frequently Asked Questions about Ga Resource Capital Inc
Is Ga Resource Capital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ga Resource Capital Inc (EIN: 200602660) significant concerns. Mission Score: 10/100. 3 red flags identified, 1 strength noted.
How does Ga Resource Capital Inc spend its money?
Detailed spending breakdown data is not yet available for Ga Resource Capital Inc. Check back for updated IRS 990 analysis.
Are donations to Ga Resource Capital Inc tax-deductible?
Ga Resource Capital Inc is registered as a tax-exempt nonprofit (EIN: 200602660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ga Resource Capital Inc still operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly probable that Ga Resource Capital Inc is no longer operational or is in the process of dissolution.
What caused the significant decline in financial activity?
The provided data does not specify the exact cause, but the consistent operating deficits (e.g., $197,092 in 201509) and high liabilities relative to assets in prior years likely contributed to its current inactive financial state.
How did the organization manage its liabilities?
The organization consistently carried significant liabilities (e.g., $1,659,388 in 201409) far exceeding its assets (e.g., $123,206 in 201409), indicating a precarious financial position that was likely unsustainable.
Filing History
IRS 990 filing history for Ga Resource Capital Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Ga Resource Capital Inc's revenue has declined by 14.7%, moving from $1.2M to $990K. Total assets decreased by 100% over the same period, from $83K to $0. Total functional expenses fell by 12.3%, from $1.4M to $1.2M. In its most recent filing year (2015), Ga Resource Capital Inc reported a deficit of $197K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $990K | $1.2M | $0 | $0 | — | View 990 |
| 2014 | $1.2M | $1.4M | $123K | $1.7M | — | View 990 |
| 2013 | $1.6M | $1.6M | $247K | $1.7M | — | View 990 |
| 2012 | $1.7M | $1.6M | $91K | $1.6M | — | View 990 |
| 2011 | $1.2M | $1.4M | $83K | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $990K, expenses of $1.2M, and assets of $0 (revenue -19.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.4M, and assets of $123K (revenue -23.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $247K (revenue -2.9% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $91K (revenue +43.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $83K.
Data Sources and Methodology
This transparency report for Ga Resource Capital 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.