Georgia Micro Enterprise Network

Nonprofit profile at a glance

EIN
800030897
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Atlanta, GA, USA
Phone
6785153346
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Small Business Development

Official website

Reported finances

Revenue
$3,300,724
Expenses
$3,506,384
Assets
$2,339,347
Liabilities
$868,370

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

Leadership & pay

9 people listed

Highest reported compensation

  • ELIZABETH WILSON (EXECUTIVE DI): $197,280 total reported compensation

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

Overview

Mission

The Georgia micro enterprise network (gmen) is a nonprofit association that is a catalyst for economic development in Georgia. Through its network of business development training and lending organizations(mdos), gmen serves as a resource to support and fund viable microbusinesses in an effort to create new jobs and business opportunities. Our motto is, bringing urban and rural businesses development together and our mission is to create opportunities and support for microbusiness development as an avenue for economic selfsufficiency in Georgia. This is achieved by providing support for viable businesses, driving economic growth by creating selfsufficient individuals, contributing to sustainable economic development, creating new jobs, and implementing industry standards and accreditation.

What it reported doing in 2024

Entrepreneurship and digital empowerment (empower by godaddy, rites project, gmen women, gmen men and gmen 360) gmen's entrepreneurship and digital inclusion programs empower by godaddy, the rites project (reentry, innovation, training, entrepreneurship, and support), gmen men, gmen women and gmen 360 advance equitable access to technology, education, and opportunity. These initiatives train men, women, returning citizens, rural, and underserved entrepreneurs in digital marketing, e-commerce, and business operations, with a focus on self- employment and reentry pathways. In 2023- 2024, both newly retuned and incarcerated learners participated in rites entrepreneurship courses, while empower by godaddy and gmen 360 cohorts gained real-world skills to strengthen their online presence and build sustainable enterprises. Collectively, these programs promote digital equity and economic self- sufficiency across Georgia and the southeast.

Operating model

Revenue model
Grant-funded. 80% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 71
  • Accountability: 84
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 87.5%; rating input score 87
  • Fundraising efficiency: $64.13 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.2%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 11.3% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 87.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $197K · 9 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.