Civic Intelligence

Atlanta Chapter of Corenet Global Inc

EIN 45-4707013 • 501(c)6 • Atlanta, GA

Profile

The atlanta chapter is a trade organization focused on education and provides a forum to discuss industry issues and develop solutions for corporate real estate professionals

133 Peachtree Street NEAtlanta, GA 30303

atlanta.corenetglobal.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.01x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-29%

Higher net margin than 17% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-16%

Faster asset growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-18%

Faster revenue growth than 27% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$377,600

Down $74,167 (-16%) from 2023

Liabilities

Down

$3,500

Down $2,613 (-43%) from 2023

Net Assets

Down

$374,100

Down $71,554 (-16%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin17th percentile

Revenue

Down

$246,995

Down $52,528 (-18%) from 2023

Expenses

Down

$318,549

Down $17,315 (-5.2%) from 2023

Net Income

Down

-$71,554

Down $35,213 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $205,452Liabilities 2013: $0Net Assets 2013: $205,4522013Assets 2014: $273,561Liabilities 2014: $0Net Assets 2014: $273,5612014Assets 2015: $269,255Liabilities 2015: $0Net Assets 2015: $269,2552015Assets 2016: $367,291Liabilities 2016: $0Net Assets 2016: $367,2912016Assets 2017: $351,592Liabilities 2017: $0Net Assets 2017: $351,5922017Assets 2018: $328,635Liabilities 2018: $9,783Net Assets 2018: $318,8522018Assets 2019: $351,259Liabilities 2019: $0Net Assets 2019: $351,2592019Assets 2020: $457,913Liabilities 2020: $653Net Assets 2020: $457,2602020Assets 2021: $458,368Liabilities 2021: $910Net Assets 2021: $457,4582021Assets 2022: $492,088Liabilities 2022: $10,093Net Assets 2022: $481,9952022Assets 2023: $451,767Liabilities 2023: $6,113Net Assets 2023: $445,6542023Assets 2024: $377,600Liabilities 2024: $3,500Net Assets 2024: $374,1002024

Highlighted filing

2024

Assets$377,600
Liabilities$3,500
Net Assets$374,100
Open 2024 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $231,188Expenses 2013: $328,960Net Income 2013: -$97,7722013Revenue 2014: $308,122Expenses 2014: $240,013Net Income 2014: $68,1092014Revenue 2015: $253,843Expenses 2015: $258,149Net Income 2015: -$4,3062015Revenue 2016: $445,672Expenses 2016: $347,636Net Income 2016: $98,0362016Revenue 2017: $336,882Expenses 2017: $352,581Net Income 2017: -$15,6992017Revenue 2018: $304,674Expenses 2018: $337,414Net Income 2018: -$32,7402018Revenue 2019: $313,772Expenses 2019: $281,365Net Income 2019: $32,4072019Revenue 2020: $334,962Expenses 2020: $228,961Net Income 2020: $106,0012020Revenue 2021: $133,998Expenses 2021: $133,800Net Income 2021: $1982021Revenue 2022: $202,974Expenses 2022: $178,437Net Income 2022: $24,5372022Revenue 2023: $299,523Expenses 2023: $335,864Net Income 2023: -$36,3412023Revenue 2024: $246,995Expenses 2024: $318,549Net Income 2024: -$71,5542024

Highlighted filing

2024

Revenue$246,995
Expenses$318,549
Net Income-$71,554
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$377,600
Liabilities
$3,500
Net assets
$374,100
Revenue
$246,995
Expenses
$318,549
Net income
-$71,554
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.04$3.74$2.47$3.19$0.72
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.06$4.46$3.00$3.36$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.92$0.10$4.82$2.03$1.78$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$0.01$4.57$1.34$1.34$0.00
2020Detailed filing. Detailed filing data is available for this year.$4.58$0.01$4.57$3.35$2.29$1.06
2019Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$3.14$2.81$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.29$0.10$3.19$3.05$3.37$0.33
2017Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$3.37$3.53$0.16
2016Summary only. Only limited summary data is available for this year.$3.67$0.00$3.67$4.46$3.48$0.98
2015Summary only. Only limited summary data is available for this year.$2.69$0.00$2.69$2.54$2.58$0.04
2014Summary only. Only limited summary data is available for this year.$2.74$0.00$2.74$3.08$2.40$0.68
2013Summary only. Only limited summary data is available for this year.$2.05$0.00$2.05$2.31$3.29$0.98
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jul 27, 2020
Return Version
2019v5.1
Gross Receipts
$368,060
Mission and Program Overview

Mission

The atlanta chapter is a trade organization focused on education and provides a forum to discuss industry issues and develop solutions for corporate real estate professionals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$185,712$225,337▲ $39,625
Accounts Receivable$97,565$151,720▲ $54,155
Savings and Temporary Cash Investments$67,982$74,148▲ $6,166
Prepaid Expenses and Deferred Charges-$6,708-
Total Assets$351,259$457,913▲ $106,654
Liabilities
Accounts Payable and Accrued Expenses-$653-
Total Liabilities$0$653▲ $653
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$351,259$457,260▲ $106,001
Total Net Assets Fund Balance$351,259$457,260▲ $106,001
Total Liabilities and Net Assets / Fund Balance$351,259$457,913▲ $106,654
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lynlee GarmonExecutive DirectorPT$6,708$6,708

Board Members and Trustees

NameTitle
Jason HanerCommunications Co-chair
Kim RousseauCommunications Co-chair
Chrissy SmithCommunity Cares Co-chair
Merrie West-davisCommunity Cares Co-chair
Audra CunninghamDiversity in Action Co-chair
Wendy PadruttDiversity in Action Co-chair
Jeff PittsEnd Users Co-chair
Suzanne MaynardEnd Users Co-chair
Amanda BareMembership Chair
Cameron ZentzNetworking Co-chair
Cherise MlottNetworking Co-chair
Steve HartPrograms Co-chair
Susan JamesPrograms Co-chair
Christy CainSponsorship Co-chair
Stephanie ScurlockSponsorship Co-chair
Danielle SchmittYoung Leaders Co-chair
Sara LieseYoung Leaders Co-chair
Carmen GranatoPast President
Betsy NursePresident
Addison MeriwetherPresident Elect
Alex ChambersVice President-finance
Corey NalampoonVice President-operations
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$360,494
Investment Income
$166
Other Revenue
$-25,698
Change in Net Assets
$106,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$98,435
Fees for Services Management$0$0$0$89,552
All Other Expenses$0$0$0$23,223
Fees for Services Accounting$0$0$0$5,400
Other Expenses$0$0$0$1,922
Fees for Services Other$0$0$0$1,200
Travel$0$0$0$761
Office Expenses$0$0$0$90
Total Functional Expenses$0$0$0$228,961
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,098
Fundraising Gross Income$7,400
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Atlanta Chapter of Corenet Global Inc
EIN
45-4707013
Phone
4045146439
Address
133 PEACHTREE STREET NE, ATLANTA, GA 30303

Signing Officer

Name
Betsy Nurse
Title
President
Phone
4045146439
Signed
2020-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betsy Nurse
Formed
2012
Legal Domicile
Ga
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
112

Preparer

Firm
Ewm Group Pc
Address
3635 PEACHTREE INDUSTRIAL BLVD STE, DULUTH, GA 30096-2809
Preparer
Philip D Engelhart
Phone
6785840222
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

“Management and other administrative services were provided to the organization by the garmon consulting group (lynlee garmon) & hilary a. Clark, inc. (hilary clark).”

Pt VI, Line 6

“The organization has members”

Pt VI, Line 7A

“Members of corenet global receive a call to nominate and nominations are sent to the nominating committee”

Pt VI, Line 11B

“A copy of the tax return is provided to the board for review prior to filing”

Pt VI, Line 12C

“The conflict of interest policy is a component of the chapter operations manual. Officers must sign and agree to the terms of the manual prior to joining the board. The conflict of interest policy is reviewed annually at the new board member orientation.”

Pt VI, Line 15A

“The organization has no employees and does not compensate board members.”

Pt VI, Line 18

“The organization's tax returns are available on the guidestar website and upon request.”

Pt VI, Line 19

“The organization made its financial statements and board documents available at the monthly board meetings.”

Form 990, Part IX, Line 24E

“Graphic Designer 1205.”

Form 990, Part IX, Line 24E

“Materials & Supplies 1107.”

Form 990, Part IX, Line 24E

“Photography & Video 4287.”

Form 990, Part IX, Line 24E

“Postage 550.”

Form 990, Part IX, Line 24E

“Printing & Graphics 1146.”

Form 990, Part IX, Line 24E

“Speaker Fees 12027.”

Form 990, Part IX, Line 24E

“Storage 903.”

Form 990, Part IX, Line 24E

“Taxes, Licenses, Fees 30.”

Form 990, Part IX, Line 24E

“Miscellaneous 1968.”

Raw XML AppendixShowing 400 of 527 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT-FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT-OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBERSHIP CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIVERSITY IN ACTION CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7NETWORKING CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SPONSORSHIP CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9NETWORKING CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMUNITY CARES CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11YOUNG LEADERS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMMUNICATIONS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13END USERS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14COMMUNICATIONS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMMUNITY CARES CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16YOUNG LEADERS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SPONSORSHIP CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PROGRAMS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PROGRAMS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20END USERS CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIVERSITY IN ACTION CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE ATLANTA CHAPTER IS A TRADE ORGANIZATION FOCUSED ON EDUCATION AND PROVIDES A FORUM TO DISCUSS INDUSTRY ISSUES AND DEVELOP SOLUTIONS FOR CORPORATE REAL ESTATE PROFESSIONALS
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc1Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc2Event Planner
IRS990/OtherExpensesGrp/Desc3Gifts & Awards
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT AND OTHER ADMINISTRATIVE SERVICES WERE PROVIDED TO THE ORGANIZATION BY THE GARMON CONSULTING GROUP (LYNLEE GARMON) & HILARY A. CLARK, INC. (HILARY CLARK).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF CORENET GLOBAL RECEIVE A CALL TO NOMINATE AND NOMINATIONS ARE SENT TO THE NOMINATING COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE TAX RETURN IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS A COMPONENT OF THE CHAPTER OPERATIONS MANUAL. OFFICERS MUST SIGN AND AGREE TO THE TERMS OF THE MANUAL PRIOR TO JOINING THE BOARD. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE NEW BOARD MEMBER ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NO EMPLOYEES AND DOES NOT COMPENSATE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S TAX RETURNS ARE AVAILABLE ON THE GUIDESTAR WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MADE ITS FINANCIAL STATEMENTS AND BOARD DOCUMENTS AVAILABLE AT THE MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Graphic Designer 1205.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Materials & Supplies 1107.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Photography & Video 4287.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Postage 550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Printing & Graphics 1146.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Speaker Fees 12027.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Storage 903.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Taxes, Licenses, Fees 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Miscellaneous 1968.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19

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