Roswell Economic Development & Tourism Inc is a 501(c)(6) organization based in Roswell, Georgia, registered in 1992, with $731,789 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$732K
▼ 52.3% vs prior year
Expenses (FY2024)
$799K
Net assets
$866K
Employees
—
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 Roswell Economic Development & Tourism 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 Roswell Economic Development & Tourism Inc: 13 mo reserves · -9% margin earns a B+ 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 Roswell Economic Development & Tourism 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 Roswell Economic Development & Tourism Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.3M (FY2013) to $732K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-9.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$684K
Net assets
$866K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $731,789▼52.3% | $798,754▼48.7% | $866,193▼7.2% | $1,550,033▲5.3% | 990 |
| 2023 | $1,533,574▲1.3% | $1,557,887▲6.1% | $933,158▼2.5% | $1,472,247▲37.5% | 990 |
| 2022 | $1,514,224▼4.3% | $1,467,652▲25.1% | $957,471▲5.1% | $1,070,594▲10.3% | 990 |
| 2021 | $1,582,763▲78.7% | $1,173,649▲26.5% | $910,899▲81.5% | $970,490▲38.5% | 990 |
| 2020 | $885,897▼37.4% | $927,643▼40.6% | $501,785▼7.7% | $700,664▲25.3% | 990 |
| 2019 | $1,415,701▼9.7% | $1,562,830▲0.1% | $543,531▼21.3% | $559,316▼23.9% | 990 |
| 2018 | $1,567,104▲13.1% | $1,561,205▲13.5% | $690,660▲27.2% | $735,355▲27.0% | 990 |
| 2016 | $1,385,012▲3.1% | $1,375,722▲8.4% | $542,917▲1.7% | $579,199▲4.2% | 990 |
| 2015 | $1,343,070▲7.4% | $1,269,646▼8.9% | $533,627▲16.0% | $556,114▲14.5% | 990 |
| 2014 | $1,251,049▼4.5% | $1,394,300▲13.0% | $460,203▼23.7% | $485,552▼24.6% | 990 |
| 2013 | $1,310,442 | $1,234,180▲51.5% | $603,454▲14.5% | $644,328▲18.0% | 990 |
| 2012 | — | $814,467▲36.5% | $527,192▲87.1% | $546,272▲86.4% | 990 |
| 2011 | — | $596,641▲15.1% | $281,817▲87.4% | $292,995▲89.2% | 990 |
| 2010 | — | $518,312 | $150,357 | $154,870 | 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.
8 grants to Roswell Economic Development & Tourism Inc totaling $79K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Wellstar Health System Inc | Sponsorship | 2023 | $17,500 |
| Wellstar Health System Inc | Sponsorship | 2022 | $15,000 |
| Wellstar Health System Inc | Sponsorship | 2021 | $15,000 |
| Wellstar Health System Inc | Sponsorship | 2020 | $5,500 |
| Wellstar Health System Inc | Sponsorship | 2019 | $6,500 |
| Wellstar Health System Inc | Sponsorship | 2018 | $6,500 |
| Wellstar Health System Inc | Sponsorship | 2017 | $6,500 |
| Wellstar Health System Inc | Sponsorship | 2017 | $6,500 |
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Data for Roswell Economic Development & Tourism Inc (EIN 58-1979994) 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.