The Community Foundation of Northwest Georgia Inc

Nonprofit profile at a glance

EIN
582360356
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Dalton, GA, USA
Phone
7062759117
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$13,476,636
Expenses
$7,937,735
Assets
$96,602,077
Liabilities
$7,849,255

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

Leadership & pay

31 people listed

Executive titles in this filing

  • DAVID AFT (PRESIDENT)

Highest reported compensation

  • DAVID AFT (PRESIDENT): $207,175 total reported compensation

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

Overview

Mission

To serve the needs of the northwest Georgia region and to benefit and promote the well being of various communities served by the foundation.

What it reported doing in 2024

The community foundation of northwest Georgia manages over 200 charitable funds for individuals, families, and nonprofit organizations. Over $84.2 million in grants have been made since 1998 , and manage nearly $100 million in assets destined to better local and far reaching communities. The organization partners with donors to turn contribution dollars into impact through grants, endowments, foundations, and donor advised funds. The organization's expertise provides guidance and coordination to match donor passions with real results. The organization facilitates impactful giving for any community, but are true local experts and proudly support northwest Georgia for healthier, happier, more successful communities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 87
  • Accountability: 98
  • Sustainability: 88
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 81.6%; rating input score 82
  • Fundraising efficiency: $52.94 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.7%; rating input score 93; 22nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.8%; rating input score 97; 31st percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 41.1%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 12.17; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 32.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -8.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 13th percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 81.6% of spending went to programs
  • Governance: 30 of 31 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6.5M in reported program spending
  • Leadership: top reported pay $207K · 31 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 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: 144 filed money-flow records
  • Related organizations: 142 filed related-organization links
  • 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 — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.