Georgia Mining Foundation Inc
Nonprofit profile at a glance
- EIN
- 582092613
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2012, Form 990-EZ 2024
- Location
- Macon, GA, USA
- Phone
- 4787571211
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $106,158
- Expenses
- $88,866
- Assets
- $307,224
- Liabilities
- $1,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- BEN MCCALLEN (PRESIDENT)
- JOHN PITTMAN (PRESIDENT)
People named in this filing
- NICK JOHN (VICE PRESIDE)
- DAVID GIROUARD (TRUSTEE)
- TED SMITH (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The operation of a scholarship program supported by contributions from members of the Georgia mining association. The organization plans to provide annual scholarships to a number of high school seniors, support grants to teachers for attendence at state-sponsored mathematics and science conferences, and support awards to 4-h participants for their projects. The organization is also responsible for developing and overseeing other charitable activities of special interest to the mining and meallurgy communities of Georgia represented in the Georgia mining association's membership.
What it reported doing in 2024
Scholarships awarded to high school seniors
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16.3%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 3.46; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19.7% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.