Georgia Welcome Co Op
EIN: 844412789 · Tucker, GA · NTEE: P20
About Georgia Welcome Co Op
Georgia Welcome Co Op (EIN: 844412789) is a nonprofit organization based in Tucker, GA, classified under NTEE code P20. The organization reported total revenue of $2.4M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Welcome Co Op's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Georgia Welcome Co Op 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 Welcome Co Op 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.
Filing History
IRS 990 filing history for Georgia Welcome Co Op showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Georgia Welcome Co Op's revenue has grown by 581.8%, moving from $264K to $1.8M. Total assets increased by 82.7% over the same period, from $428K to $781K. Total functional expenses rose by 474.8%, from $287K to $1.7M. In its most recent filing year (2023), Georgia Welcome Co Op reported a surplus of $147K, with revenue exceeding expenses. The organization holds $536K in liabilities against $781K in assets (debt-to-asset ratio: 68.6%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $781K | $536K | — | — |
| 2022 | $1.5M | $1.5M | $684K | $586K | — | — |
| 2021 | $312K | $423K | $220K | $131K | — | — |
| 2020 | $264K | $287K | $428K | $220K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $781K (revenue +18.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $684K (revenue +385.5% year-over-year).
- 2021: Revenue of $312K, expenses of $423K, and assets of $220K (revenue +18.2% year-over-year).
- 2020: Revenue of $264K, expenses of $287K, and assets of $428K.
Data Sources and Methodology
This transparency report for Georgia Welcome Co Op 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.