Civic Intelligence

Georgia Economic Developers Association Inc

990 • Fiscal year 2022 • EIN 58-1265989

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 26, 2023

1827 Powers Ferry Rd Bldg 14 250Atlanta, GA 30339

(404) 962-4110

Siviq Scores

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

Liabilities / Assets

70th percentile

0.21x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.26x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

52nd percentile

5.6%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$133,883

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

37th percentile

-2.5%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

24%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$996,155

Down $25,684 (-2.5%) from 2021

Net Assets

Down

$789,434

Down $33,644 (-4.1%) from 2021

Liabilities

Up

$206,721

Up $7,960 (+4.0%) from 2021

Revenue

Up

$802,626

Up $153,143 (+24%) from 2021

Expenses

Up

$757,669

Up $100,063 (+15%) from 2021

Net Income

Up

$44,957

Up $53,080 (+653%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $707,201Liabilities 2010: $101,438Net Assets 2010: $605,7632010Assets 2011: $706,711Liabilities 2011: $44,122Net Assets 2011: $662,5892011Assets 2012: $635,998Liabilities 2012: $53,500Net Assets 2012: $582,4982012Assets 2013: $603,670Liabilities 2013: $72,642Net Assets 2013: $531,0282013Assets 2014: $572,278Liabilities 2014: $86,967Net Assets 2014: $485,3112014Assets 2015: $673,687Liabilities 2015: $138,299Net Assets 2015: $535,3882015Assets 2016: $737,597Liabilities 2016: $127,484Net Assets 2016: $610,1132016Assets 2017: $870,671Liabilities 2017: $135,304Net Assets 2017: $735,3672017Assets 2018: $986,477Liabilities 2018: $235,229Net Assets 2018: $751,2482018Assets 2019: $976,648Liabilities 2019: $209,408Net Assets 2019: $767,2402019Assets 2020: $946,685Liabilities 2020: $174,868Net Assets 2020: $771,8172020Assets 2021: $1,021,839Liabilities 2021: $198,761Net Assets 2021: $823,0782021Assets 2022: $996,155Liabilities 2022: $206,721Net Assets 2022: $789,4342022Assets 2023: $1,175,034Liabilities 2023: $226,586Net Assets 2023: $948,4482023Assets 2024: $1,323,015Liabilities 2024: $205,377Net Assets 2024: $1,117,6382024

Highlighted filing

2022

Assets$996,155
Liabilities$206,721
Net Assets$789,434

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $468,7452010Expenses 2011: $452,4082011Revenue 2012: $499,859Expenses 2012: $579,950Net Income 2012: -$80,0912012Revenue 2013: $614,624Expenses 2013: $666,094Net Income 2013: -$51,4702013Revenue 2014: $587,186Expenses 2014: $632,903Net Income 2014: -$45,7172014Revenue 2015: $614,439Expenses 2015: $561,930Net Income 2015: $52,5092015Revenue 2016: $674,180Expenses 2016: $600,290Net Income 2016: $73,8902016Revenue 2017: $738,988Expenses 2017: $611,058Net Income 2017: $127,9302017Revenue 2018: $756,998Expenses 2018: $738,721Net Income 2018: $18,2772018Revenue 2019: $761,043Expenses 2019: $752,558Net Income 2019: $8,4852019Revenue 2020: $412,636Expenses 2020: $458,945Net Income 2020: -$46,3092020Revenue 2021: $649,483Expenses 2021: $657,606Net Income 2021: -$8,1232021Revenue 2022: $802,626Expenses 2022: $757,669Net Income 2022: $44,9572022Revenue 2023: $930,812Expenses 2023: $835,839Net Income 2023: $94,9732023Revenue 2024: $997,654Expenses 2024: $893,558Net Income 2024: $104,0962024

Highlighted filing

2022

Revenue$802,626
Expenses$757,669
Net Income$44,957
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$943,322
Mission and Program Overview

Mission

The organization's primary exempt purpose is to further the economic development of the state of georgia and to achieve a closer working relationship among the various individuals so engaged.

The organization's mission is to serve as the resource for networking, professional development and public policy for georgia's economic development community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$628,171$568,330▼ $59,841
Investments in Publicly Traded Securities$323,033$263,549▼ $59,484
Cash and Non-Interest-Bearing Accounts$50,413$129,237▲ $78,824
Accounts Receivable$11,748$21,680▲ $9,932
Prepaid Expenses and Deferred Charges$2,452$9,623▲ $7,171
Land, Buildings, and Equipment, Net$864$1,236▲ $372
Total Assets$1,021,839$996,155▼ $25,684
Other Assets Total$5,158$2,500▼ $2,658
Liabilities
Deferred Revenue$173,190$167,420▼ $5,770
Accounts Payable and Accrued Expenses$7,064$28,468▲ $21,404
Other Liabilities$18,507$10,833▼ $7,674
Total Liabilities$198,761$206,721▲ $7,960
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$823,078$789,434▼ $33,644
Total Net Assets Fund Balance$823,078$789,434▼ $33,644
Total Liabilities and Net Assets / Fund Balance$1,021,839$996,155▼ $25,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,236$5,400$6,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin SheaPresidentFT$121,712$12,171$133,883
Grant CaglePresident &FT$10,385$4,412$14,797

Board Members and Trustees

NameTitle
Benjy ThompsonChairman
Barbara GroganDirector
Brian SillitoDirector
Christie GribbleDirector
Justin FarquharDirector
Kristy RachalDirector
Lee ChapmanDirector
Matt ColvinDirector
Megan BakerDirector
Ryan WaldrepDirector
Serra HallDirector
Stacy WatsonDirector
Travis StegallDirector
Dorie Bacon1st Vice CHA
Trip Tollison2nd Vice CHA
Andrea SchruijerImmed Past C
Cal WraySecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Nardone Consulting Group INCManagement1827 POWERS FERRY RD BLDG 14 250, Atlanta, GA 30339$100,560
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$784,155
Investment Income
$8,230
Other Revenue
$10,241
Change in Net Assets
$44,957

Audited Revenue Reconciliation

Revenue per Audited Statements
$802,626
Revenue Not Reported on Form 990
$-60,006
Total Revenue per Audited Statements
$742,620
Total Revenue per Form 990
$802,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$598,538
Salaries, Compensation, and Employee Benefits$159,131
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$329,954
Comp Disqual Persons---$133,883
Fees for Services Management---$100,560
Fees for Services Lobbying---$60,675
Occupancy---$23,815
Office Expenses---$23,202
Fees for Services Other---$21,024
Current Officers, Directors, Trustees, and Key Employees---$14,797
Payroll Taxes---$10,451
Fees for Services Accounting---$7,726
Information Technology---$4,131
Travel---$3,672
Insurance---$2,403
Depreciation Depletion---$847
Other Expenses---$300
All Other Expenses---$20
Total Functional Expenses$0$0$0$757,669

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$775,219
Expenses per Audited Statements$757,669
Total Expenses per Form 990$757,669
Expenses Not Reported on Form 990$17,550
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
Total Nondeductible Lobbying and Political Cost$69,121
Current Year Nondeductible Lobbying and Political Cost$60,675
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
401(k) Plan Employer Match$10,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Subject to the supervision of the board of directors, the organization engaged nardone consulting group, inc. To manage its operations and to perform its accounting.

Form 990, Page 6, Part VI, Line 6

The organization's membership is set forth in its by-laws as follows: "section 1. Membership - any reputable person who has a reasonable and substantial interest in the economic development of the state of georgia or any subdivision thereof, and who sincerely desires to further the purpose of this corporation may be elected a member by the board of directors as provided herein."

Form 990, Page 6, Part VI, Line 7A

The directors are elected by a majority of the members present at the annual meeting.

Form 990, Page 6, Part VI, Line 9

Benjy thompson 102 s main st statesboro, ga 30458 dorie bacon 101 s main st sylvania, ga 30467 trip tollison 906 drayton st savannah, ga 31401 cal wray 1450 greene st ste 3500 augusta, ga 30901 andrea schruijer 103 roosevelt dr valdosta, ga 31602 kevin shea 5415 brandy cir w ft myers, fl 33919 megan baker 200 courthouse sq fayetteville, ga 30214 lee chapman 850 commerce rd jefferson, ga 30549 justin farquhar po box 267 pembroke, ga 31321 christie gribble 152 orvin lane dr ste a blue ridge, ga 30513 stacy watson 2 main st garden city, ga 31408 brian sillito po box 1200 columbus, ga 31902 kristy rachal 75 5th st nw ste 150 atlanta, ga 30308 travis stegall 601 gloucester st brunswick, ga 31521 ryan waldrep 1200 bellevue ave dublin, ga 31021 matt colvin 75 5th st nw ste 845 atlanta, ga 30308 barbara grogan 282 industrial dr moultrie, ga 31788 serra hall 2105 lee st sw covington, ga 30014

Form 990, Page 6, Part VI, Line 11B

The organization does not provide form 990 to all members of its governing body prior to filing the form. However, it does provide the form to its chairman, secretary/treasurer and president for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

A copy of the policy is given to all board members, staff members, volunteers or other stakeholders upon the commencement of such person's relationship with the organization or at the official adoption of the stated policy. Each board member, staff member, volunteer or other stakeholder shall sign and date the policy at the beginning of his/her term of service or employment and each year thereafter.

Form 990, Page 6, Part VI, Line 15A

The organization's president is employed under the terms of an employment contract. In determining the president's beginning compensation as set forth in the contract, the board used a salary survey prepared by the international economic development council (iedc), making adjustments for the size of the organization, the number of staff members, the scope of the organization's activities and the president's experience. Future salary increases will be based on market factors and job performance.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Georgia Economic Developers
EIN
58-1265989
Phone
4049624110
Address
1827 POWERS FERRY RD BLDG 14 250, ATLANTA, GA 30339

Signing Officer

Name
Cal Wray
Title
Secretary/treasurer
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjy Thompson
Formed
1975
Legal Domicile
Ga
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
75

Preparer

Firm
Gary L Black & Associates Pc
Address
PO BOX 1467, CONYERS, GA 30012-7567
Preparer
Gary L Black
Phone
7707600900
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Management believes that geda continues to satisfy the requirements of a tax exempt organization at 12/31/22. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determned geda had no uncertain tax positions at 12/31/22. Management believes it is no longer subject to tax examination for years prior to 2019.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMED PAST C
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/LegalDomicileStateCd0GA
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IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO SERVE AS THE RESOURCE FOR NETWORKING, PROFESSIONAL DEVELOPMENT AND PUBLIC POLICY FOR GEORGIA'S ECONOMIC DEVELOPMENT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/OtherExpensesGrp/Desc0COMMITTEE ACTIVITIES
IRS990/OtherExpensesGrp/Desc1AFFILIATIONS
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3PLAQUES, MEMORIALS
IRS990/OtherExpensesGrp/TotalAmt012629
IRS990/OtherExpensesGrp/TotalAmt14605
IRS990/OtherExpensesGrp/TotalAmt22975
IRS990/OtherExpensesGrp/TotalAmt3300
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IRS990/OtherLiabilitiesGrp/EOYAmt010833
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1CREDIT CARD REWARDS
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt141
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IRS990/PayrollTaxesGrp/TotalAmt010451
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02452
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09623
IRS990/PrincipalOfficerNm0BENJY THOMPSON
IRS990/PriorPeriodAdjustmentsAmt0-1045
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEETINGS AND CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIP INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1242550
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1242550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2222735
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMITTEE ACTIVITIES - DEVELOP INFORMATION ON ECONOMIC DEVELOPMENT ISSUES TO DISSEMINATE VIA MONTHLY & SPECIAL MEETINGS, SPRING WORKSHOP, ANNUAL CONFERENCE, PRINT AND ELECTRONIC COMMUNICATIONS.
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IRS990/PYInvestmentIncomeAmt07438
IRS990/PYOtherExpensesAmt0400251
IRS990/PYOtherRevenueAmt042491
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IRS990/PYTotalRevenueAmt0649483
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IRS990ScheduleC/NonDedLbbyngPltclCyovAmt08446
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt060675
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IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt017550
IRS990ScheduleD/DonatedServicesUseFcltsAmt017550
IRS990ScheduleD/EquipmentGrp/BookValueAmt01236
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05400
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06636
IRS990ScheduleD/ExpensesNotReportedAmt017550
IRS990ScheduleD/ExpensesSubtotalAmt0757669
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-77556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0401(K) PLAN EMPLOYER MATCH
IRS990ScheduleD/RevenueNotReportedAmt0-60006
IRS990ScheduleD/RevenueSubtotalAmt0802626
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT GEDA CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX EXEMPT ORGANIZATION AT 12/31/22. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMNED GEDA HAD NO UNCERTAIN TAX POSITIONS AT 12/31/22. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS PRIOR TO 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01236
IRS990ScheduleD/TotalExpensesPerForm990Amt0757669
IRS990ScheduleD/TotalLiabilityAmt010833
IRS990ScheduleD/TotalRevenuePerForm990Amt0802626
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0775219
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0121712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN SHEA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0133883
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IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUBJECT TO THE SUPERVISION OF THE BOARD OF DIRECTORS, THE ORGANIZATION ENGAGED NARDONE CONSULTING GROUP, INC. TO MANAGE ITS OPERATIONS AND TO PERFORM ITS ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERSHIP IS SET FORTH IN ITS BY-LAWS AS FOLLOWS: "SECTION 1. MEMBERSHIP - ANY REPUTABLE PERSON WHO HAS A REASONABLE AND SUBSTANTIAL INTEREST IN THE ECONOMIC DEVELOPMENT OF THE STATE OF GEORGIA OR ANY SUBDIVISION THEREOF, AND WHO SINCERELY DESIRES TO FURTHER THE PURPOSE OF THIS CORPORATION MAY BE ELECTED A MEMBER BY THE BOARD OF DIRECTORS AS PROVIDED HEREIN."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS ARE ELECTED BY A MAJORITY OF THE MEMBERS PRESENT AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BENJY THOMPSON 102 S MAIN ST STATESBORO, GA 30458 DORIE BACON 101 S MAIN ST SYLVANIA, GA 30467 TRIP TOLLISON 906 DRAYTON ST SAVANNAH, GA 31401 CAL WRAY 1450 GREENE ST STE 3500 AUGUSTA, GA 30901 ANDREA SCHRUIJER 103 ROOSEVELT DR VALDOSTA, GA 31602 KEVIN SHEA 5415 BRANDY CIR W FT MYERS, FL 33919 MEGAN BAKER 200 COURTHOUSE SQ FAYETTEVILLE, GA 30214 LEE CHAPMAN 850 COMMERCE RD JEFFERSON, GA 30549 JUSTIN FARQUHAR PO BOX 267 PEMBROKE, GA 31321 CHRISTIE GRIBBLE 152 ORVIN LANE DR STE A BLUE RIDGE, GA 30513 STACY WATSON 2 MAIN ST GARDEN CITY, GA 31408 BRIAN SILLITO PO BOX 1200 COLUMBUS, GA 31902 KRISTY RACHAL 75 5TH ST NW STE 150 ATLANTA, GA 30308 TRAVIS STEGALL 601 GLOUCESTER ST BRUNSWICK, GA 31521 RYAN WALDREP 1200 BELLEVUE AVE DUBLIN, GA 31021 MATT COLVIN 75 5TH ST NW STE 845 ATLANTA, GA 30308 BARBARA GROGAN 282 INDUSTRIAL DR MOULTRIE, GA 31788 SERRA HALL 2105 LEE ST SW COVINGTON, GA 30014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT PROVIDE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY PRIOR TO FILING THE FORM. HOWEVER, IT DOES PROVIDE THE FORM TO ITS CHAIRMAN, SECRETARY/TREASURER AND PRESIDENT FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF THE POLICY IS GIVEN TO ALL BOARD MEMBERS, STAFF MEMBERS, VOLUNTEERS OR OTHER STAKEHOLDERS UPON THE COMMENCEMENT OF SUCH PERSON'S RELATIONSHIP WITH THE ORGANIZATION OR AT THE OFFICIAL ADOPTION OF THE STATED POLICY. EACH BOARD MEMBER, STAFF MEMBER, VOLUNTEER OR OTHER STAKEHOLDER SHALL SIGN AND DATE THE POLICY AT THE BEGINNING OF HIS/HER TERM OF SERVICE OR EMPLOYMENT AND EACH YEAR THEREAFTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S PRESIDENT IS EMPLOYED UNDER THE TERMS OF AN EMPLOYMENT CONTRACT. IN DETERMINING THE PRESIDENT'S BEGINNING COMPENSATION AS SET FORTH IN THE CONTRACT, THE BOARD USED A SALARY SURVEY PREPARED BY THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL (IEDC), MAKING ADJUSTMENTS FOR THE SIZE OF THE ORGANIZATION, THE NUMBER OF STAFF MEMBERS, THE SCOPE OF THE ORGANIZATION'S ACTIVITIES AND THE PRESIDENT'S EXPERIENCE. FUTURE SALARY INCREASES WILL BE BASED ON MARKET FACTORS AND JOB PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.32$0.21$1.12$1.00$0.89$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.23$0.95$0.93$0.84$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.21$0.79$0.80$0.76$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.20$0.82$0.65$0.66$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.17$0.77$0.41$0.46$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.21$0.77$0.76$0.75$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.24$0.75$0.76$0.74$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.14$0.74$0.74$0.61$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.13$0.61$0.67$0.60$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.14$0.54$0.61$0.56$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.09$0.49$0.59$0.63$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.07$0.53$0.61$0.67$0.05
2012Summary only. Only limited summary data is available for this year.$0.64$0.05$0.58$0.50$0.58$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.04$0.66$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.10$0.61$0.47