Georgia Connections Academy Charter School Inc
EIN: 270791620 · Duluth, GA · NTEE: B29
Is Georgia Connections Academy Charter School 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 Connections Academy Charter School Inc
Georgia Connections Academy Charter School Inc (EIN: 270791620) is a nonprofit organization based in Duluth, GA, classified under NTEE code B29. The organization reported total revenue of $71.3M and total assets of $77.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Connections Academy Charter School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Connections Academy Charter School Inc is a major nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62.0M |
| Total Expenses | $50.2M |
| Surplus / Deficit | +$11.8M |
| Total Assets | $55.4M |
| Total Liabilities | $33.4M |
| Net Assets | $22.0M |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 60.3% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Georgia Connections Academy Charter School Inc reported a surplus of $11.8M with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 60.3% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Georgia Connections Academy Charter School Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.3% | +33.2% | +77.5% |
| 2022 | +17.8% | +12.2% | +38.5% |
| 2021 | +15.4% | +8.7% | +15.3% |
| 2020 | +20.0% | +11.1% | +30.7% |
| 2019 | +14.4% | +10.5% | +43.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgia Connections Academy Charter School 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 Connections Academy Charter School 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.3%.
Frequently Asked Questions about Georgia Connections Academy Charter School Inc
Is Georgia Connections Academy Charter School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgia Connections Academy Charter School Inc (EIN: 270791620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Georgia Connections Academy Charter School Inc spend its money?
Detailed spending breakdown data is not yet available for Georgia Connections Academy Charter School Inc. Check back for updated IRS 990 analysis.
Are donations to Georgia Connections Academy Charter School Inc tax-deductible?
Georgia Connections Academy Charter School Inc is registered as a tax-exempt nonprofit (EIN: 270791620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Georgia Connections Academy Charter School Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Georgia Connections Academy Charter School Inc's revenue has grown by 452.7%, moving from $11.2M to $62.0M. Total assets increased by 1420.6% over the same period, from $3.6M to $55.4M. Total functional expenses rose by 347.4%, from $11.2M to $50.2M. In its most recent filing year (2023), Georgia Connections Academy Charter School Inc reported a surplus of $11.8M, with revenue exceeding expenses. The organization holds $33.4M in liabilities against $55.4M in assets (debt-to-asset ratio: 60.3%), resulting in net assets of $22.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62.0M | $50.2M | $55.4M | $33.4M | — | View 990 |
| 2022 | $45.2M | $37.7M | $31.2M | $21.0M | — | View 990 |
| 2021 | $38.3M | $33.6M | $22.5M | $19.9M | — | View 990 |
| 2020 | $33.2M | $30.9M | $19.5M | $21.6M | — | View 990 |
| 2019 | $27.7M | $27.8M | $14.9M | $21.4M | — | View 990 |
| 2018 | $24.2M | $25.2M | $10.4M | $16.8M | — | View 990 |
| 2017 | $23.4M | $24.7M | $12.7M | $18.1M | — | — |
| 2016 | $22.9M | $23.7M | $9.9M | $14.0M | — | View 990 |
| 2015 | $22.1M | $22.3M | $8.7M | $12.0M | — | View 990 |
| 2014 | $14.1M | $14.0M | $4.6M | $4.4M | — | View 990 |
| 2013 | $11.2M | $11.2M | $3.6M | $3.6M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $62.0M, expenses of $50.2M, and assets of $55.4M (revenue +37.3% year-over-year).
- 2022: Revenue of $45.2M, expenses of $37.7M, and assets of $31.2M (revenue +17.8% year-over-year).
- 2021: Revenue of $38.3M, expenses of $33.6M, and assets of $22.5M (revenue +15.4% year-over-year).
- 2020: Revenue of $33.2M, expenses of $30.9M, and assets of $19.5M (revenue +20.0% year-over-year).
- 2019: Revenue of $27.7M, expenses of $27.8M, and assets of $14.9M (revenue +14.4% year-over-year).
- 2018: Revenue of $24.2M, expenses of $25.2M, and assets of $10.4M (revenue +3.5% year-over-year).
- 2017: Revenue of $23.4M, expenses of $24.7M, and assets of $12.7M (revenue +2.0% year-over-year).
- 2016: Revenue of $22.9M, expenses of $23.7M, and assets of $9.9M (revenue +4.0% year-over-year).
- 2015: Revenue of $22.1M, expenses of $22.3M, and assets of $8.7M (revenue +56.1% year-over-year).
- 2014: Revenue of $14.1M, expenses of $14.0M, and assets of $4.6M (revenue +25.9% year-over-year).
- 2013: Revenue of $11.2M, expenses of $11.2M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Connections Academy Charter School Inc:
Data Sources and Methodology
This transparency report for Georgia Connections Academy Charter School 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.