Overview
What is Georgia Small Business Cap Fund Inc?
Georgia Small Business Cap Fund Inc is a nonprofit organization dedicated to providing business capital to individuals and entities who typically struggle to secure grant funding. Their mission is to bridge this financial gap, thereby fostering growth and opportunities for those who might otherwise be excluded. This organization serves as a vital resource for entrepreneurs and small businesses that may not meet traditional funding criteria, thereby promoting economic development and prosperity in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
The Georgia Small Business Cap Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating indicates that the organization adheres to high standards of transparency and effective financial management, which is critical for building trust with donors and stakeholders.
Key strengths of the organization include a fully independent board composed of three members, and a program expense ratio of 99.95%, demonstrating that nearly all of its funds are directed toward its programs rather than administrative costs. The organization has also established comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical governance and operational integrity.
There are no noted limitations or concerns in the most recent fiscal year data, as the organization reported no material diversions of assets and maintains a liabilities to assets ratio of 0.00%. Overall, the Georgia Small Business Cap Fund Inc showcases a commitment to effective stewardship of resources while actively supporting small businesses in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Small Business Cap Fund Inc legitimate?
Georgia Small Business Cap Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Small Business Cap Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Georgia Small Business Cap Fund Inc?
Georgia Small Business Cap Fund Inc's mission is centered around providing business capital to individuals or entities who typically do not meet the criteria for grant money. This organization aims to bridge the funding gap for such entities, thereby promoting economic growth and opportunities that might otherwise be unavailable to them. The organization's primary activity is to extend financial assistance to businesses that may not be eligible for traditional funding sources. This initiative can contribute significantly to the development and sustainability of small businesses, thereby boosting local economies and fostering entrepreneurship.
Who is the CEO of Georgia Small Business Cap Fund Inc?
Tony O'Reilly is the Chairman of Georgia Small Business Cap Fund Inc.
What is the revenue of Georgia Small Business Cap Fund Inc?
Georgia Small Business Cap Fund Inc's revenue in 2020 was $500,200.
Who are the executives of Georgia Small Business Cap Fund Inc and what are their salaries?
There 3 volunteers at Georgia Small Business Cap Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Georgia Small Business Cap Fund Inc?
Georgia Small Business Cap Fund Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Georgia Small Business Cap Fund Inc
Georgia Small Business Cap Fund Inc is an organization dedicated to providing business capital to individuals and entities who typically do not qualify for grant money. By financing these ventures, the organization aims to support those who often face financial barriers in starting or expanding their businesses. This mission is crucial in fostering economic growth and entrepreneurship, particularly among groups that may have been historically underserved by traditional financing sources.
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Impact
July, 2024
Georgia Small Business Cap Fund Inc's impact can be seen in its commitment to providing business capital to individuals and entities who would not normally qualify for grant money. By offering financial support to those who may otherwise struggle to access funding, this organization is helping to empower aspiring entrepreneurs and small business owners in Savannah, Georgia. Through its work, Georgia Small Business Cap Fund Inc is making a significant contribution to the community by fostering economic growth and supporting local businesses.
This information is meant to be a general summary of Georgia Small Business Cap Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $200
- Gross Receipts: $500,200
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2010
Phone
(912) 232-4700Principal Officer
Tony O'Reilly
Main Address
111 E Liberty Street, Savannah, GA, 31401
NTEE Category
Code: S30 - Community improvement
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