Georgia Association Of Regional Development Centers Inc

Georgia Association Of Regional Development Centers Inc maintains stable assets and zero officer compensation, despite recent operating deficit.

EIN: 203066164 · Eastman, GA · NTEE: S41 · Updated: 2026-03-28

$924KRevenue

$291KAssets

90/100Mission Score (Excellent)

S41

About Georgia Association Of Regional Development Centers Inc

Georgia Association Of Regional Development Centers Inc (EIN: 203066164) is a nonprofit organization based in Eastman, GA, classified under NTEE code S41. The organization reported total revenue of $924K and total assets of $291K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Association Of Regional Development Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Georgia Association Of Regional Development Centers Inc demonstrates a generally stable financial position, with revenues fluctuating but remaining consistently in the high six-figure to low seven-figure range over the past decade. For instance, in the 202406 period, the organization reported revenues of $1,058,684. The organization consistently reports zero liabilities across most recent filings, indicating a strong balance sheet and minimal debt burden. This is a positive indicator of financial health and prudent management. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that officers are not compensated, which is a significant strength in terms of public trust and resource allocation directly to mission-related activities. However, the 202406 period shows expenses ($1,295,206) exceeding revenue ($1,058,684), resulting in a deficit for that year, which warrants monitoring. Despite this, the organization's assets have remained relatively stable, with $288,175 in assets for the 202406 period.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Georgia Association Of Regional Development Centers 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Georgia Association Of Regional Development Centers Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or their compensation is not reported in this category, which is highly favorable for an organization of its size (latest revenue $923,840) as it suggests resources are maximized for programmatic use.

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 Georgia Association Of Regional Development Centers Inc's IRS 990 filings:

Operating deficit in the most recent filing period (202406), where expenses ($1,295,206) exceeded revenue ($1,058,684).

Strengths

The following positive indicators were identified for Georgia Association Of Regional Development Centers Inc:

Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
Consistently reports zero liabilities, demonstrating strong financial management and no debt burden.
Stable asset base, with assets of $288,175 in 202406, indicating financial resilience.
Strong program focus, implied by the lack of executive compensation and low administrative overhead.

Frequently Asked Questions about Georgia Association Of Regional Development Centers Inc

Is Georgia Association Of Regional Development Centers Inc a good charity?

Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its liabilities are consistently zero, suggesting sound financial management. While there was an operating deficit in the 202406 period, this should be viewed in the context of its overall stable financial history.

How has the organization's revenue trended over the past few years?

The organization's revenue has fluctuated but generally remained strong. It saw a peak of $1,170,371 in 202106, and while it dipped to $823,653 in 202206, it rebounded to $1,058,684 in 202406, demonstrating resilience.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is a significant positive indicator. It suggests that either the organization's leadership is entirely volunteer-based, or that any compensation is minimal and not categorized as officer compensation, allowing a greater proportion of funds to be allocated directly to program services rather than administrative overhead.

Are there any concerns regarding the organization's financial stability?

While the organization generally shows strong financial health, the 202406 period reported expenses ($1,295,206) exceeding revenue ($1,058,684), resulting in an operating deficit. This single year's deficit warrants monitoring to ensure it does not become a recurring trend, though the organization's history of zero liabilities and stable assets mitigates immediate concern.

Filing History

IRS 990 filing history for Georgia Association Of Regional Development Centers Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Georgia Association Of Regional Development Centers Inc's revenue has grown by 569.4%, moving from $158K to $1.1M. Total assets increased by 211.3% over the same period, from $93K to $288K. Total functional expenses rose by 782%, from $147K to $1.3M. In its most recent filing year (2024), Georgia Association Of Regional Development Centers Inc reported a deficit of $237K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.1M	$1.3M	$288K	$0	—	View 990
2023	$1.1M	$865K	$525K	$0	—	View 990
2022	$824K	$866K	$296K	$0	—	View 990
2021	$1.2M	$957K	$339K	$0	—	View 990
2020	$928K	$908K	$126K	$0	—	View 990
2019	$723K	$709K	$273K	$168K	—	View 990
2018	$500K	$688K	$92K	$0	—	View 990
2017	$490K	$572K	$280K	$0	—	View 990
2016	$473K	$352K	$362K	$0	—	View 990
2015	$478K	$356K	$240K	$0	—	View 990
2014	$146K	$145K	$80K	$0	—	View 990
2013	$141K	$136K	$79K	$0	—	View 990
2012	$125K	$144K	$73K	$0	—	View 990
2011	$158K	$147K	$93K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.1M, expenses of $1.3M, and assets of $288K (revenue -3.2% year-over-year).
2023: Revenue of $1.1M, expenses of $865K, and assets of $525K (revenue +32.8% year-over-year).
2022: Revenue of $824K, expenses of $866K, and assets of $296K (revenue -29.6% year-over-year).
2021: Revenue of $1.2M, expenses of $957K, and assets of $339K (revenue +26.2% year-over-year).
2020: Revenue of $928K, expenses of $908K, and assets of $126K (revenue +28.4% year-over-year).
2019: Revenue of $723K, expenses of $709K, and assets of $273K (revenue +44.4% year-over-year).
2018: Revenue of $500K, expenses of $688K, and assets of $92K (revenue +2.0% year-over-year).
2017: Revenue of $490K, expenses of $572K, and assets of $280K (revenue +3.6% year-over-year).
2016: Revenue of $473K, expenses of $352K, and assets of $362K (revenue -0.9% year-over-year).
2015: Revenue of $478K, expenses of $356K, and assets of $240K (revenue +227.1% year-over-year).
2014: Revenue of $146K, expenses of $145K, and assets of $80K (revenue +3.5% year-over-year).
2013: Revenue of $141K, expenses of $136K, and assets of $79K (revenue +13.3% year-over-year).
2012: Revenue of $125K, expenses of $144K, and assets of $73K (revenue -21.3% year-over-year).
2011: Revenue of $158K, expenses of $147K, and assets of $93K.

Data Sources and Methodology

This transparency report for Georgia Association Of Regional Development Centers 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.