Georgia Automotive Manufacturers Association Inc

Nonprofit profile at a glance

EIN
272894547
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Alpharetta, GA, USA
Phone
7702500090
Rating confidence
Limited
Sector
Boards of Trade

Official website

Reported finances

Revenue
$223,224
Expenses
$347,878
Assets
$158,395
Liabilities
$8,521

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • RICHARD A WALKER (PRESIDENT & CEO)

Highest reported compensation

  • RICHARD A WALKER (PRESIDENT & CEO): $84,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promoting the growth, profitability and continual improvement of automotive manufacturing primarily in Georgia, as well as promoting automotive mobility in Georgia and globally.

What it reported doing in 2024

The organization's current activities include: quarterly member meetings supporting the organization's educational initiative - the purpose of this activity is to provide a forum for members to: - share best practices which will foster growth and innovation in automotive vehicle and component manufacturing as well as related support businesses - network among their peers in the automotive manufacturing industry to enable members and sponsors in related fields to achieve their full economic potential and to contribute to the future development of their industry - learn about issues with specific impact on the industry as well as broader issues influencing the global economic environment and the ability to create sustainable operations - obtain updates on advances in technology and insights from national and international industry executives - discuss and distribute educational materials for all to promote awareness of automotive manufacturing techniques, concerns and trends - provide members and strategic partners an opportunity to conduct business in a collaborative manner which enhances the level of quality and profitability and leads to the success of the industry and economy overall.member meetings were initiated in june 2011 and have been benefiting members regularly since then. The majority of time and resources of the organization are devoted to this activity. Meetings are conducted at local community venues primarily by volunteers and others.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 65
  • Sustainability: 15
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -55.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 24.1%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 13.1% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $84K · 3 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.