Georgia Communications Corporation Inc
EIN: 461561379 · Cornelia, GA · NTEE: W50
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $4.1M |
| Net Assets | $1.3M |
Is Georgia Communications Corporation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georgia Communications Corporation Inc
Georgia Communications Corporation Inc (EIN: 461561379) is a nonprofit organization based in Cornelia, GA, classified under NTEE code W50. The organization reported total revenue of $4.3M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Communications Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Communications Corporation Inc is a mid-size nonprofit that has been operating for 7 years, with 9 years of IRS 990 filings on record (2013–2021). Revenue has grown at a compound annual rate of 26.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$216K |
| Total Assets | $4.4M |
| Total Liabilities | $3.1M |
| Net Assets | $1.3M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 70.4% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2021, Georgia Communications Corporation Inc reported a surplus of $216K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.4% (high leverage).
Financial Trends
Over 9 years of filings (2013–2021), Georgia Communications Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +16.9% | +21.7% | +30.7% |
| 2020 | +25.6% | +25.0% | -1.8% |
| 2019 | +37.7% | +66.4% | +203.6% |
| 2018 | +40.1% | +6.4% | +76.8% |
| 2017 | +0.9% | +0.9% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgia Communications Corporation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Georgia Communications Corporation Inc with a Mission Score of 0 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.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $216K, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.4%.
Frequently Asked Questions about Georgia Communications Corporation Inc
Is Georgia Communications Corporation Inc a legitimate charity?
Georgia Communications Corporation Inc (EIN: 461561379) is a registered tax-exempt nonprofit based in Georgia. It has 9 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. Financial health grade: A.
How does Georgia Communications Corporation Inc spend its money?
Georgia Communications Corporation Inc reported $4.3M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Georgia Communications Corporation Inc tax-deductible?
Georgia Communications Corporation Inc is registered as a tax-exempt nonprofit (EIN: 461561379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Georgia Communications Corporation Inc located?
Georgia Communications Corporation Inc is headquartered in Cornelia, Georgia and files with the IRS under EIN 461561379. It is classified under NTEE code W50.
How many years of IRS 990 filings does Georgia Communications Corporation Inc have?
Georgia Communications Corporation Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Filing History
IRS 990 filing history for Georgia Communications Corporation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2021), Georgia Communications Corporation Inc's revenue has grown by 561.4%, moving from $647K to $4.3M. Total assets increased by 1324.4% over the same period, from $309K to $4.4M. Total functional expenses rose by 528.1%, from $647K to $4.1M. In its most recent filing year (2021), Georgia Communications Corporation Inc reported a surplus of $216K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $4.4M in assets (debt-to-asset ratio: 70.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $4.3M | $4.1M | $4.4M | $3.1M | — | — |
| 2020 | $3.7M | $3.3M | $3.4M | $2.1M | — | View 990 |
| 2019 | $2.9M | $2.7M | $3.4M | $2.8M | — | View 990 |
| 2018 | $2.1M | $1.6M | $1.1M | $526K | — | View 990 |
| 2017 | $1.5M | $1.5M | $639K | $527K | — | View 990 |
| 2016 | $1.5M | $1.5M | $571K | $541K | — | — |
| 2015 | $1.1M | $1.1M | $477K | $519K | — | View 990 |
| 2014 | $930K | $930K | $263K | $347K | — | View 990 |
| 2013 | $647K | $647K | $309K | $330K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $4.3M, expenses of $4.1M, and assets of $4.4M (revenue +16.9% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.3M, and assets of $3.4M (revenue +25.6% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $3.4M (revenue +37.7% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.6M, and assets of $1.1M (revenue +40.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $639K (revenue +0.9% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $571K (revenue +35.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $477K (revenue +18.5% year-over-year).
- 2014: Revenue of $930K, expenses of $930K, and assets of $263K (revenue +43.8% year-over-year).
- 2013: Revenue of $647K, expenses of $647K, and assets of $309K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Communications Corporation Inc:
Data Sources and Methodology
This transparency report for Georgia Communications Corporation 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.