North Georgia Electric Membershipfdn Inc
North Georgia Electric Membershipfdn Inc consistently operates debt-free with growing assets and no reported officer compensation.
EIN: 205770279 · Dalton, GA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $428K |
| Total Expenses | $411K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $311K |
| Transparency Score | 90/100 |
Is North Georgia Electric Membershipfdn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Georgia Electric Membershipfdn Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Georgia Electric Membershipfdn Inc
North Georgia Electric Membershipfdn Inc (EIN: 205770279) is a nonprofit organization based in Dalton, GA, classified under NTEE code P20. The organization reported total revenue of $428K and total assets of $334K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Georgia Electric Membershipfdn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Georgia Electric Membershipfdn Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 30.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $411K |
| Surplus / Deficit | +$10K |
| Total Assets | $311K |
| Net Assets | $311K |
| Operating Margin | 2.4% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, North Georgia Electric Membershipfdn Inc reported a surplus of $10K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), North Georgia Electric Membershipfdn Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.4% | +2.1% | +3.4% |
| 2023 | +0.1% | -5.1% | +7.2% |
| 2022 | +1.0% | -1.9% | -0.6% |
| 2021 | +0.7% | +2.5% | -4.7% |
| 2020 | +0.0% | +7.9% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Georgia Electric Membershipfdn 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, North Georgia Electric Membershipfdn 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 filings, suggesting that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization with over $400,000 in annual revenue.
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 North Georgia Electric Membershipfdn Inc's IRS 990 filings:
- 0% officer compensation reported, which is unusual for an organization of this size and could mask compensation through other means or indicate a reliance on unpaid leadership that may not be sustainable long-term.
- Lack of detailed expense breakdown (program, admin, fundraising) in the summary data makes it difficult to precisely assess spending efficiency without reviewing the full 990.
Strengths
The following positive indicators were identified for North Georgia Electric Membershipfdn Inc:
- Consistent financial surpluses, with revenue generally exceeding expenses (e.g., $421,582 revenue vs. $411,383 expenses in 202406).
- Steady growth in assets, from $229,010 in 201506 to $311,383 in 202406.
- Zero reported liabilities across all 14 filings, indicating a debt-free and financially stable operation.
- High transparency with 14 consistent IRS 990 filings available.
- Potential for very high program spending efficiency due to 0% reported officer compensation.
Frequently Asked Questions about North Georgia Electric Membershipfdn Inc
Is North Georgia Electric Membershipfdn Inc a legitimate charity?
North Georgia Electric Membershipfdn Inc (EIN: 205770279) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $428K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does North Georgia Electric Membershipfdn Inc spend its money?
North Georgia Electric Membershipfdn Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to North Georgia Electric Membershipfdn Inc tax-deductible?
North Georgia Electric Membershipfdn Inc is registered as a tax-exempt nonprofit (EIN: 205770279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North Georgia Electric Membershipfdn Inc CEO make?
North Georgia Electric Membershipfdn Inc's highest-compensated officer earns $400,000 annually. The organization reported $428K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North Georgia Electric Membershipfdn Inc's spending goes to programs?
North Georgia Electric Membershipfdn Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Georgia Electric Membershipfdn Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), North Georgia Electric Membershipfdn Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Georgia Electric Membershipfdn Inc located?
North Georgia Electric Membershipfdn Inc is headquartered in Dalton, Georgia and files with the IRS under EIN 205770279. It is classified under NTEE code P20.
How many years of IRS 990 filings does North Georgia Electric Membershipfdn Inc have?
North Georgia Electric Membershipfdn Inc has 14 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 $428K in total revenue.
How does North Georgia Electric Membershipfdn Inc manage to operate with 0% reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that all leadership positions are filled by volunteers, or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990, such as through a related entity or as general staff salaries if officers also perform other roles.
What are the specific program activities funded by North Georgia Electric Membershipfdn Inc?
The provided data does not detail specific program activities. To understand this, one would need to review the full IRS 990 forms, specifically Part III (Statement of Program Service Accomplishments).
What is the breakdown of expenses into program, administrative, and fundraising categories?
The summary data provided only gives total expenses. A detailed breakdown into program, administrative, and fundraising expenses would require reviewing the full IRS 990, specifically Part IX (Statement of Functional Expenses).
How does the organization sustain consistent revenue generation?
The organization consistently generates over $400,000 in revenue annually, as seen in filings like $421,582 in 202406 and $423,205 in 202306. The source of this revenue (e.g., grants, contributions, program service revenue) is not detailed in the summary data but would be available in Part VIII of the full 990.
Filing History
IRS 990 filing history for North Georgia Electric Membershipfdn Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), North Georgia Electric Membershipfdn Inc's revenue has grown by 3205.2%, moving from $13K to $422K. Total assets increased by 3315.4% over the same period, from $9K to $311K. Total functional expenses rose by 2817.6%, from $14K to $411K. In its most recent filing year (2024), North Georgia Electric Membershipfdn Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $422K | $411K | $311K | $0 | — | — |
| 2023 | $423K | $403K | $301K | $0 | — | View 990 |
| 2022 | $423K | $425K | $281K | $0 | — | View 990 |
| 2021 | $419K | $433K | $283K | $0 | — | — |
| 2020 | $416K | $422K | $297K | $0 | — | View 990 |
| 2019 | $416K | $391K | $303K | $0 | — | View 990 |
| 2018 | $403K | $384K | $278K | $0 | — | View 990 |
| 2017 | $385K | $346K | $259K | $0 | — | View 990 |
| 2016 | $395K | $404K | $220K | $0 | — | View 990 |
| 2015 | $412K | $278K | $229K | $0 | — | View 990 |
| 2014 | $160K | $76K | $95K | $0 | — | View 990 |
| 2013 | $19K | $18K | $11K | $0 | — | View 990 |
| 2012 | $13K | $13K | $9K | $0 | — | View 990 |
| 2011 | $13K | $14K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $422K, expenses of $411K, and assets of $311K (revenue -0.4% year-over-year).
- 2023: Revenue of $423K, expenses of $403K, and assets of $301K (revenue +0.1% year-over-year).
- 2022: Revenue of $423K, expenses of $425K, and assets of $281K (revenue +1.0% year-over-year).
- 2021: Revenue of $419K, expenses of $433K, and assets of $283K (revenue +0.7% year-over-year).
- 2020: Revenue of $416K, expenses of $422K, and assets of $297K (revenue +0.0% year-over-year).
- 2019: Revenue of $416K, expenses of $391K, and assets of $303K (revenue +3.3% year-over-year).
- 2018: Revenue of $403K, expenses of $384K, and assets of $278K (revenue +4.6% year-over-year).
- 2017: Revenue of $385K, expenses of $346K, and assets of $259K (revenue -2.6% year-over-year).
- 2016: Revenue of $395K, expenses of $404K, and assets of $220K (revenue -4.1% year-over-year).
- 2015: Revenue of $412K, expenses of $278K, and assets of $229K (revenue +158.3% year-over-year).
- 2014: Revenue of $160K, expenses of $76K, and assets of $95K (revenue +731.0% year-over-year).
- 2013: Revenue of $19K, expenses of $18K, and assets of $11K (revenue +52.4% year-over-year).
- 2012: Revenue of $13K, expenses of $13K, and assets of $9K (revenue -1.1% year-over-year).
- 2011: Revenue of $13K, expenses of $14K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Georgia Electric Membershipfdn Inc:
Data Sources and Methodology
This transparency report for North Georgia Electric Membershipfdn 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.