Georgia Environmental Loan Acquisition Corp
EIN: 300637732 · Atlanta, GA · NTEE: W99
Is Georgia Environmental Loan Acquisition Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Georgia Environmental Loan Acquisition Corp
Georgia Environmental Loan Acquisition Corp (EIN: 300637732) is a nonprofit organization based in Atlanta, GA, classified under NTEE code W99. The organization reported total revenue of $4.4M and total assets of $94.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Environmental Loan Acquisition Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Environmental Loan Acquisition Corp is a mid-size nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $16K |
| Surplus / Deficit | +$4.5M |
| Total Assets | $90.6M |
| Total Liabilities | $10K |
| Net Assets | $90.6M |
| Operating Margin | 99.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66939.4 months |
Financial Health Grade: A
In 2024, Georgia Environmental Loan Acquisition Corp reported a surplus of $4.5M with revenue exceeding expenses, holds 66939.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Georgia Environmental Loan Acquisition Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +47.0% | -55.6% | +5.2% |
| 2023 | +216.9% | +73.2% | +3.7% |
| 2022 | +12.8% | -33.8% | +1.2% |
| 2021 | -65.3% | -98.8% | +0.9% |
| 2020 | -27.3% | +36.1% | -28.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Georgia Environmental Loan Acquisition Corp 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 Environmental Loan Acquisition Corp 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Georgia Environmental Loan Acquisition Corp
Is Georgia Environmental Loan Acquisition Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgia Environmental Loan Acquisition Corp (EIN: 300637732) insufficient data. 0 red flags identified, 0 strengths noted.
How does Georgia Environmental Loan Acquisition Corp spend its money?
Detailed spending breakdown data is not yet available for Georgia Environmental Loan Acquisition Corp. Check back for updated IRS 990 analysis.
Are donations to Georgia Environmental Loan Acquisition Corp tax-deductible?
Georgia Environmental Loan Acquisition Corp is registered as a tax-exempt nonprofit (EIN: 300637732). 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 Environmental Loan Acquisition Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Georgia Environmental Loan Acquisition Corp's revenue has grown by 17.3%, moving from $3.9M to $4.5M. Total assets decreased by 70.7% over the same period, from $309.0M to $90.6M. Total functional expenses fell by 99.3%, from $2.5M to $16K. In its most recent filing year (2024), Georgia Environmental Loan Acquisition Corp reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $10K in liabilities against $90.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $90.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.5M | $16K | $90.6M | $10K | — | View 990 |
| 2023 | $3.1M | $37K | $86.1M | $21K | — | View 990 |
| 2022 | $975K | $21K | $83.0M | $10K | — | View 990 |
| 2021 | $864K | $32K | $82.0M | $9K | — | — |
| 2020 | $2.5M | $2.6M | $81.3M | $110K | — | View 990 |
| 2019 | $3.4M | $1.9M | $113.6M | $32.3M | — | View 990 |
| 2018 | $2.7M | $2.3M | $118.6M | $38.7M | — | View 990 |
| 2017 | $2.6M | $2.7M | $123.4M | $44.0M | — | View 990 |
| 2016 | $3.1M | $3.7M | $135.1M | $55.7M | — | View 990 |
| 2015 | $4.9M | $5.4M | $172.1M | $92.0M | — | View 990 |
| 2014 | $6.5M | $6.6M | $205.3M | $124.8M | — | View 990 |
| 2013 | $8.3M | $8.0M | $227.4M | $146.8M | — | View 990 |
| 2012 | $10.5M | $9.1M | $272.8M | $188.9M | — | View 990 |
| 2011 | $3.9M | $2.5M | $309.0M | $226.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.5M, expenses of $16K, and assets of $90.6M (revenue +47.0% year-over-year).
- 2023: Revenue of $3.1M, expenses of $37K, and assets of $86.1M (revenue +216.9% year-over-year).
- 2022: Revenue of $975K, expenses of $21K, and assets of $83.0M (revenue +12.8% year-over-year).
- 2021: Revenue of $864K, expenses of $32K, and assets of $82.0M (revenue -65.3% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.6M, and assets of $81.3M (revenue -27.3% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.9M, and assets of $113.6M (revenue +26.7% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.3M, and assets of $118.6M (revenue +2.2% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.7M, and assets of $123.4M (revenue -13.8% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.7M, and assets of $135.1M (revenue -37.7% year-over-year).
- 2015: Revenue of $4.9M, expenses of $5.4M, and assets of $172.1M (revenue -23.9% year-over-year).
- 2014: Revenue of $6.5M, expenses of $6.6M, and assets of $205.3M (revenue -22.3% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.0M, and assets of $227.4M (revenue -20.6% year-over-year).
- 2012: Revenue of $10.5M, expenses of $9.1M, and assets of $272.8M (revenue +170.6% year-over-year).
- 2011: Revenue of $3.9M, expenses of $2.5M, and assets of $309.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Environmental Loan Acquisition Corp:
Data Sources and Methodology
This transparency report for Georgia Environmental Loan Acquisition Corp 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.