Georgia System Operations Corporation
100% goes to programs Thin reserves Growing revenue
Georgia System Operations Corporation is a 501(c)(4) organization based in Tucker, Georgia, registered in 2011, with $99,748,553 in FY2024 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
2100 East Exchange Place, Tucker, GA, 30084 EIN 58-2231207 Since 2011
Revenue (FY2024)
$99.7M
▲ 8.1% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$99.7M
Net assets
$242K
Employees
308
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Georgia System Operations Corporation: 100% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Georgia System Operations Corporation: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Georgia System Operations Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Georgia System Operations Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Georgia system operations corporation (gsoc) provides 24-hour electric system operation services, on a not for profit basis, to energy market participants in georgia and the southeastern united states.
Contact & location
- Address
- 2100 East Exchange Place, Tucker, GA, 30084
- City
- Tucker
- State
- Georgia
- Category
- Public & Societal Benefit
- Subcategory
- Public Utilities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $78.5M (FY2013) to $99.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $35.9MNet assets $242K
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.1M
Total liabilities
$35.9M
Net assets
$242K
Salaries & benefits
$62.5M
63% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $99,748,553▲8.1% | $99,748,553▲8.1% | $242,020 | $36,104,937▼2.5% | 990 |
| 2023 | $92,308,341▲7.8% | $92,308,341▲7.8% | $242,020 | $37,044,409▲8.8% | 990 |
| 2022 | $85,640,796▲5.9% | $85,640,796▲5.9% | $242,020 | $34,037,151▲16.6% | 990 |
| 2021 | $80,847,817▼1.3% | $80,847,817▼1.3% | $242,020 | $29,189,224▼5.1% | 990 |
| 2020 | $81,874,403 | $81,874,403 | $242,020 | $30,754,010▲8.6% | 990 |
| 2019 | $81,836,312▼4.0% | $81,836,312▼4.0% | $242,020 | $28,316,480▼6.2% | 990 |
| 2018 | $85,273,830▲1.0% | $85,273,830▲1.0% | $242,020 | $30,192,783▲9.6% | 990 |
| 2017 | $84,405,522▲4.2% | $84,405,522▲4.2% | $242,020 | $27,537,582▼4.6% | 990 |
| 2016 | $81,007,981▲3.7% | $81,007,237▲3.7% | $242,020▲0.3% | $28,874,127▲8.3% | 990 |
| 2015 | $78,117,193▼6.2% | $78,112,238▼6.2% | $241,276▲2.1% | $26,658,856▼3.0% | 990 |
| 2014 | $83,296,931▲6.2% | $83,290,823▲6.2% | $236,321▲2.7% | $27,470,281▼7.2% | 990 |
| 2013 | $78,450,058 | $78,442,858▲10.0% | $230,213▲3.2% | $29,607,076▲2.6% | 990 |
| 2012 | — | $71,305,225▲14.4% | $223,013▲3.8% | $28,870,490▲15.6% | 990 |
| 2011 | — | $62,346,969 | $214,770 | $24,966,571 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gregory S Ford — $1,916,665 (1.92% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gregory S Ford | President & | 40 | $1,916,665 |
| Nathan Brown | Executive Vp | 40 | $599,875 |
| John G Sweeney Jr | Executive Vp | 40 | $582,453 |
| Jeff Thompson | Vice Preside | 40 | $566,071 |
| Homer Gentry | Vice Preside | 40 | $512,028 |
| David Revill | Vice Preside | 40 | $467,997 |
| Russell Turner | Vice Preside | 40 | $460,210 |
| Alan Sioberg | Vice Preside | 40 | $447,866 |
| Gary Jenkins | Vice Preside | 40 | $309,722 |
| Matt Hyatt | Vp Power Tec | 40 | $299,732 |
| Matthew Gibbons | Director-aud | 40 | $265,338 |
| Rosemarie Campbell | Director-hum | 40 | $258,260 |
| Mark Reeves | Director-ops | 40 | $248,969 |
| Craig Berent | Dir-eng. Acc | 40 | $244,979 |
| Lou Oberski | Director | 4.39 | $61,200 |
| Anthony Norton | Dir., Chairm | 5.05 | $57,035 |
| Mike Mcdonald | Director | 2.36 | $42,450 |
| Harry Park | Dir., Sec/tr | 3.03 | $39,395 |
| Donnie Cordell | Director | 3.19 | $37,420 |
| Jerry Boatwright | Director | 2.98 | $36,815 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Accenture LLP | It Consulting | $159,937 |
| Eversheds Sutherland Us LLP | Legal | $156,232 |
| Nelson Mullins Riley & Scarbo | Legal | $137,835 |
| Autry Hall & Cook LLP | Legal | $123,697 |
| Coresite LP | Info. Tech. | $116,585 |
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Compare Georgia System Operations Corporation
Frequently asked questions
- Is Georgia System Operations Corporation a legitimate nonprofit?
- Yes. Georgia System Operations Corporation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 58-2231207, based in Tucker, Georgia.
- What is Georgia System Operations Corporation's EIN?
- Georgia System Operations Corporation's Employer Identification Number (EIN) is 58-2231207.
- How much revenue does Georgia System Operations Corporation report?
- Georgia System Operations Corporation reported $99,748,553 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Georgia System Operations Corporation's spending goes to programs?
- Georgia System Operations Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Georgia System Operations Corporation have?
- CharityIndex grades Georgia System Operations Corporation B, based on program efficiency and fundraising cost.
- How much does Georgia System Operations Corporation's highest-paid employee make?
- The highest reported compensation on Georgia System Operations Corporation's latest Form 990 is $1,916,665, paid to Gregory S Ford (President &).
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Data for Georgia System Operations Corporation (EIN 58-2231207) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.