Georgia Health Foundation Inc

Nonprofit profile at a glance

EIN
581352076
IRS 990-PF coverage
2017–2024
Forms available
Form 990-PF 2024
Location
Atlanta, GA, USA
Phone
4046589066
Rating
91
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$480,880
Expenses
$693,027

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

Overview

Mission

Georgia Health Foundation Inc is a nonprofit. Location: Atlanta, GA. EIN 581352076. Tax year 2024 Form 990-PF reports $481K revenue and $693K expenses.

What it reported funding in 2024

The foundation reported 36 filed grant rows totaling $521,100. The stated grant purposes included empowerher program for adolescent girls, transforming vision care for children throughout georgia, and youthmpowerment for healthy futures, plus 20 other reported purposes.

Operating model

Revenue model
Investment-supported. 95% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 86% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 98
  • Cost Efficiency: 75
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 74

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 98.4%; rating input score 98; 48th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 75.2%; rating input score 75; 32nd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 23.97; rating input score 74; 74th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 98.4% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 74th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 42 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 — Compliance: Foundation activity disclosures: Compensation paid to a disqualified person not reported.