Charity Search / GEORGIA CHAMBER OF COMMERCEFOUNDATION INC
Community Improvement (S41) 990 on File

GEORGIA CHAMBER OF COMMERCEFOUNDATION INC

EIN: 26-0708412 · ATLANTA, GA 30303-1581 · United States · FY 2023 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 63/100
Reliability (20%) 50/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$678K
Total Revenue
$1.0M
Total Expenses
$-184,814
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.2%
Fundraising Efficiency N/A
Operating Reserve -2.21x
Liability-to-Asset 118.3%
Revenue Diversification 100.0%
Compared with Peers
FY 2023
Compared with 2,193 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.2% 85.1%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
15.9% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.9% 0.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-2.2 mo 10.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
118.3% 21.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 91.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-1.9% 7.5%
P10P90
Expense growth
Year over year expense growth
-5.9% 13.0%
P10P90
Surplus margin
Surplus as a share of revenue
-48.1% 1.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $678K $1.0M $-184,814 73.2% 11
2022 $691K $1.1M $141K 79.6% 11
2021 $539K $1.2M N/A 11
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Organization Details
EIN
26-0708412
State
GA
City
ATLANTA
ZIP
30303-1581
Classification
S41
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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