German American Chamber of Commerce of the Southern United States Inc is a 501(c)(6) organization based in Atlanta, Georgia, registered in 1999, with $3,590,601 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.6M
▼ 7.6% vs prior year
Community median: $184K
Expenses (FY2024)
$3.5M
Net assets
$1.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for German American Chamber of Commerce of the Southern United States Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 German American Chamber of Commerce of the Southern United States Inc: 6 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for German American Chamber of Commerce of the Southern United States Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 German American Chamber of Commerce of the Southern United States Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.7M (FY2013) to $3.6M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
2.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$1.9M
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,590,601▼7.6% | $3,496,693▼7.5% | $1,732,328▲3.5% | $3,666,396▲0.5% | 990 |
| 2023 | $3,884,230▲16.6% | $3,781,239▲17.9% | $1,674,016▲8.3% | $3,649,561▲5.0% | 990 |
| 2022 | $3,332,567▲22.7% | $3,206,030▲23.1% | $1,545,167▲9.3% | $3,475,642▲46.1% | 990 |
| 2021 | $2,716,388▼0.8% | $2,603,664▲2.8% | $1,413,615▲6.0% | $2,378,210▲1.5% | 990 |
| 2020 | $2,737,838▼12.6% | $2,532,059▼16.7% | $1,333,547▲56.8% | $2,343,766▲27.7% | 990 |
| 2017 | $3,131,146▲13.6% | $3,038,673▲11.0% | $850,338▲12.2% | $1,834,737▲20.0% | 990 |
| 2016 | $2,756,997▼1.8% | $2,736,500▲2.0% | $757,865▲2.8% | $1,529,367▼2.8% | 990 |
| 2015 | $2,806,213▲6.6% | $2,682,499▲7.5% | $737,368▲20.2% | $1,572,661▲11.4% | 990 |
| 2014 | $2,632,369▼0.9% | $2,494,686▲1.2% | $613,654▲28.9% | $1,412,146▲18.0% | 990 |
| 2013 | $2,657,344 | $2,464,221 | $475,971 | $1,197,203 | 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.
9 grants to German American Chamber of Commerce of the Southern United States Inc totaling $562K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Halle Foundation | To provide funding for one-year extension of current support for promotion of apprenticeship programs and the german workforce development model | 2024 | $115,000 |
| Halle Foundation | To support the gold sponsorship and annual grant. | 2023 | $13,200 |
| Halle Foundation | To expand the catt workforce development program and hire a full time apprentice success coordinator. | 2022 | $109,663 |
| Halle Foundation | To expand the catt workforce development program and hire a full time apprentice success coordinator; | 2021 | $219,325 |
| Halle Foundation | Annual grant | 2020 | $15,000 |
| Halle Foundation | Annual grant 2019. per discussion with marshall sanders, the annual gacc grant was paid in december 2018 for $15,000. | 2018 | $15,000 |
| Halle Foundation | Cash payment of current & prior year supported organization grant approvals | 2017 | $30,000 |
| Halle Foundation | Cash payment of current & prior year supported organization grant approvals | 2016 | $15,000 |
| Halle Foundation | Supported organization grant | 2014 | $30,000 |
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Data for German American Chamber of Commerce of the Southern United States Inc (EIN 58-2203456) 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.