Civic Intelligence

Georgia Restaurant Association Inc

990 • Fiscal year 2023 • EIN 38-3670102

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileWWW.GARESTAURANTS.ORG

View Organization Page

260 Peachtree St NW Suite 1901Atlanta, GA 30303

(404) 467-9000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.68x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.58x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

28th percentile

-2.6%

Higher net margin than 28% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$281,805

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

6th percentile

-22%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$1,165,985

Down $330,059 (-22%) from 2022

Net Assets

Down

$377,760

Down $86,607 (-19%) from 2022

Liabilities

Down

$788,225

Down $243,452 (-24%) from 2022

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin28th percentile

Revenue

Up

$1,359,125

Up $134,826 (+11%) from 2022

Expenses

Up

$1,395,082

Up $257,443 (+23%) from 2022

Net Income

Down

-$35,957

Down $122,617 (-141%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $37,375Liabilities 2011: $141,261Net Assets 2011: -$103,8862011Assets 2012: $86,303Liabilities 2012: $86,618Net Assets 2012: -$3152012Assets 2013: $129,967Liabilities 2013: $18,455Net Assets 2013: $111,5122013Assets 2014: $155,963Liabilities 2014: $35,657Net Assets 2014: $120,3062014Assets 2015: $139,399Liabilities 2015: $59,983Net Assets 2015: $79,4162015Assets 2016: $169,481Liabilities 2016: $84,353Net Assets 2016: $85,1282016Assets 2017: $111,274Liabilities 2017: $103,190Net Assets 2017: $8,0842017Assets 2018: $161,476Liabilities 2018: $161,340Net Assets 2018: $1362018Assets 2019: $107,397Liabilities 2019: $77,835Net Assets 2019: $29,5622019Assets 2020: $174,132Liabilities 2020: $230,948Net Assets 2020: -$56,8162020Assets 2021: $602,441Liabilities 2021: $433,602Net Assets 2021: $168,8392021Assets 2022: $1,496,044Liabilities 2022: $1,031,677Net Assets 2022: $464,3672022Assets 2023: $1,165,985Liabilities 2023: $788,225Net Assets 2023: $377,7602023Assets 2024: $916,803Liabilities 2024: $763,872Net Assets 2024: $152,9312024

Highlighted filing

2023

Assets$1,165,985
Liabilities$788,225
Net Assets$377,760
Open 2023 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $752,018Expenses 2011: $634,034Net Income 2011: $117,9842011Revenue 2012: $758,676Expenses 2012: $655,105Net Income 2012: $103,5712012Revenue 2013: $700,140Expenses 2013: $588,313Net Income 2013: $111,8272013Revenue 2014: $800,292Expenses 2014: $794,071Net Income 2014: $6,2212014Revenue 2015: $881,152Expenses 2015: $922,492Net Income 2015: -$41,3402015Revenue 2016: $972,785Expenses 2016: $967,064Net Income 2016: $5,7212016Revenue 2017: $915,326Expenses 2017: $992,330Net Income 2017: -$77,0042017Revenue 2018: $973,107Expenses 2018: $981,055Net Income 2018: -$7,9482018Revenue 2019: $940,154Expenses 2019: $909,733Net Income 2019: $30,4212019Revenue 2020: $701,201Expenses 2020: $787,579Net Income 2020: -$86,3782020Revenue 2021: $1,026,551Expenses 2021: $802,893Net Income 2021: $223,6582021Revenue 2022: $1,224,299Expenses 2022: $1,137,639Net Income 2022: $86,6602022Revenue 2023: $1,359,125Expenses 2023: $1,395,082Net Income 2023: -$35,9572023Revenue 2024: $1,287,981Expenses 2024: $1,512,810Net Income 2024: -$224,8292024

Highlighted filing

2023

Revenue$1,359,125
Expenses$1,395,082
Net Income-$35,957
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,359,125
Mission and Program Overview

Mission

The georgia restaurant association (gra) represents the foodservice industry, which is integral and essential to the economic and social well being of the state of georiga. The gra will 1.) work to improve the political, economic, and social environment in which the industry conducts business, 2.) promote the essential and desirable nature of eating food prepared and served away from home, and of food prepared and delivered to the home and 3.) educate the industry, particularly the current and future members , to operate more effectively for the benefit of its patronage, staff, for the industry as a whole , and for the general well being of their state.

The georgia restaurant association (gra) represents the food service industry, which is integral and essential to the economic and social well being of the state of georgia. The gra will 1.) work to improve the political, economic, and social environment in which the industry conducts business, 2.) promote the essential and desirable nature of eating food prepared and served away from home, and of food prepared and delivered to the home and 3.) educate the industry, particularly the current and future members, to operate more effectively for the benefit of its patronage, staff, for the industry as a whole, and for the general well being of their state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$650,660$771,594▲ $120,934
Cash and Non-Interest-Bearing Accounts$228,781$70,452▼ $158,329
Accounts Receivable$258,203$66,898▼ $191,305
Prepaid Expenses and Deferred Charges$11,321$9,667▼ $1,654
Land, Buildings, and Equipment, Net$23,216$3,173▼ $20,043
Intangible Assets-$1,935-
Total Assets$1,496,044$1,165,985▼ $330,059
Other Assets Total$323,863$242,266▼ $81,597
Liabilities
Unsecured Notes Loans Payable$500,000$493,633▼ $6,367
Other Liabilities$273,294$214,805▼ $58,489
Deferred Revenue$236,004$61,305▼ $174,699
Accounts Payable and Accrued Expenses$22,379$18,482▼ $3,897
Total Liabilities$1,031,677$788,225▼ $243,452
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$464,367$377,760▼ $86,607
Total Net Assets Fund Balance$464,367$377,760▼ $86,607
Total Liabilities and Net Assets / Fund Balance$1,496,044$1,165,985▼ $330,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$418$27,323$27,741
Other Land Buildings$527$10,146$10,673
Leasehold Improvements$2,228$2,636$4,864
Other Assets Org$209,358--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen Bremer CaeCEOFT$249,791$23,660$273,451
Sarah ThorsonVP DevelopmentFT$167,089$19,470$186,559
Scott BiermanVP Government AffairsFT$113,327-$113,327

Board Members and Trustees

NameTitle
Justin TriplettChair
Stephanie FischerPast Chair
Alexis KinseyVice Chair
Bill GoudeyBoard Member
Bill RayBoard Member
Bradley SaxeBoard Member
Brian RenshawBoard Member
Bud WhitmireBoard Member
Camila KnowlesBoard Member
Dr Debra CannonBoard Member
Ellen HartmanBoard Member
Hav UsryBoard Member
Heather TrotterBoard Member
Jessica SmithBoard Member
Juan CalleBoard Member
Lemonica HakeemBoard Member
Matt HeneBoard Member
Mike DixonBoard Member
Mike TorinoBoard Member
Reggie CoachmanBoard Member
Richard TangBoard Member
Sean HyslopBoard Member
Shannayl DeckardBoard Member
Stuart FiermanBoard Member
Susie OddoBoard Member
Tal BaumBoard Member
Taylor HarperBoard Member
Thomas HalfordBoard Member
Topher JensenBoard Member
Tray DosterBoard Member
Vipul PatelBoard Member
Wade ChancellorBoard Member
Wayne Martin JrBoard Member
Wilson OswaldBoard Member
Joseph HsiaoSecretary
Perry McguireTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,347,091
Investment Income
$10,934
Other Revenue
$1,100
Change in Net Assets
$-35,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$849,067
Other Expenses$545,515
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$463,312
Current Officers, Directors, Trustees, and Key Employees---$261,937
Conferences and Meetings---$219,412
Fees for Services Other---$85,243
Occupancy---$81,000
Payroll Taxes---$74,219
Advertising---$41,863
Pension Plan Contributions---$29,488
Fees for Services Accounting---$26,618
Information Technology---$21,969
Other Employee Benefits---$20,111
Interest---$17,191
Office Expenses---$17,130
Other Expenses---$8,487
Depreciation Depletion---$8,216
Fees for Services Legal---$6,987
Travel---$6,512
Insurance---$4,887
Grants to Domestic Orgs---$500
Total Functional Expenses$0$0$0$1,395,082
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$13,097
Total Nondeductible Lobbying and Political Cost$13,097
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$214,805
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Gra has members consisting of independent restaurant owners and large chain organizations.”

Form 990, Part VI, Section A, Line 7A

“Each restaurant member in good standing shall be entitled to one (1) vote for all votes submitted to the gra membership at large.”

Form 990, Part VI, Section B, Line 11B

“The executive committee reviewed and approved the form 990 prior to filing. Any members of the governing body will be provided a copy of the form 990 upon request.”

Form 990, Part VI, Section B, Line 12C

“All board members are required to sign a commitment letter which includes a specific conflict of interest clause which is monitored on a regular basis by the executive committee.”

Form 990, Part VI, Section B, Line 15

“The compensation for the executive director and all staff are reviewed by the board of directors to determine that they are within budgetary guidelines as well as comparable to industry standards.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Georgia Restaurant Association Inc
EIN
38-3670102
Phone
4044679000
Address
260 PEACHTREE ST NW SUITE 1901, ATLANTA, GA 30303

Signing Officer

Name
Stephanie Fischer
Title
President, CEO
Phone
4044679000
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Fischer
Formed
2002
Legal Domicile
Ga
Voting Board Members
36
Independent Board Members
36
Employees
11
Volunteers
50

Preparer

Firm
Bennett Thrasher Llp
Address
3300 RIVERWOOD PARKWAY 700, ATLANTA, GA 30339
Preparer
Rebecca Boggs
Phone
7703962200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Commission 38,200. Contract labor 43,453. Recruiting 2,883. Other 707.”

Raw XML AppendixShowing 400 of 680 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE GEORGIA RESTAURANT ASSOCIATION (GRA) REPRESENTS THE FOOD SERVICE INDUSTRY, WHICH IS INTEGRAL AND ESSENTIAL TO THE ECONOMIC AND SOCIAL WELL BEING OF THE STATE OF GEORGIA. THE GRA WILL 1.) WORK TO IMPROVE THE POLITICAL, ECONOMIC, AND SOCIAL ENVIRONMENT IN WHICH THE INDUSTRY CONDUCTS BUSINESS, 2.) PROMOTE THE ESSENTIAL AND DESIRABLE NATURE OF EATING FOOD PREPARED AND SERVED AWAY FROM HOME, AND OF FOOD PREPARED AND DELIVERED TO THE HOME AND 3.) EDUCATE THE INDUSTRY, PARTICULARLY THE CURRENT AND FUTURE MEMBERS, TO OPERATE MORE EFFECTIVELY FOR THE BENEFIT OF ITS PATRONAGE, STAFF, FOR THE INDUSTRY AS A WHOLE, AND FOR THE GENERAL WELL BEING OF THEIR STATE.
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IRS990/Desc0THE GEORGIA RESTAURANT ASSOCIATION (GRA) ENSURED THAT GEORGIA'S RESTAURANT INDUSTRY WAS REPRESENTED ON FEDERAL, STATE AND LOCAL LEVELS. THE GRA CONNECTED MEMBERS WITH ASSETS AND PERTINENT INFORMATION, INCLUDING BUT NOT LIMITED TO STATEWIDE HEALTH REQUIREMENTS FROM THE OFFICE OF GOVERNOR KEMP AND GEORGIA DEPARTMENT OF PUBLIC HEALTH AS WELL AS EDUCATION WEBINARS ON INDUSTRY UPDATES CHANGING LAWS AND BUSINESS TRENDS. WE ALSO CONTINUED TO COMMUNICATE OUR INDUSTRY'S RECOVERY CHALLENGES TO OUR ELECTED LEADERS AND THE GENERAL PUBLIC. THROUGH OUR PARTNER, THE NATIONAL RESTAURANT ASSOCIATION, WE PROVIDED CLOSE TO HALF A MILLION DOLLARS IN TRAINING FOR RESTAURANT OWNERS AND EMPLOYEES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33BOARD MEMBER
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Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,165,985
Liabilities
$788,225
Net assets
$377,760
Revenue
$1,359,125
Expenses
$1,395,082
Net income
-$35,957
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.76$0.15$1.29$1.51$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.79$0.38$1.36$1.40$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.03$0.46$1.22$1.14$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.43$0.17$1.03$0.80$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.23$0.06$0.70$0.79$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.08$0.03$0.94$0.91$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.00$0.97$0.98$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.10$0.01$0.92$0.99$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.08$0.09$0.97$0.97$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.06$0.08$0.88$0.92$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.04$0.12$0.80$0.79$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.02$0.11$0.70$0.59$0.11
2012Summary only. Only limited summary data is available for this year.$0.09$0.09$0.00$0.76$0.66$0.10
2011Summary only. Only limited summary data is available for this year.$0.04$0.14$0.10$0.75$0.63$0.12