Civic Intelligence

Georgia Securities Association

990 • Fiscal year 2019 • EIN 58-1548071

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 31, 2020

PO Box 12106Atlanta, GA 30355

(404) 845-7689

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

74th percentile

13%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

63rd percentile

9.5%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

90%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$336,593

Up $29,253 (+9.5%) from 2018

Net Assets

Up

$336,593

Up $29,253 (+9.5%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$217,688

Up $102,872 (+90%) from 2018

Expenses

Up

$188,435

Up $85,565 (+83%) from 2018

Net Income

Up

$29,253

Up $17,307 (+145%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $254,740Liabilities 2010: $0Net Assets 2010: $254,7402010Assets 2011: $274,136Liabilities 2011: $0Net Assets 2011: $274,1362011Assets 2012: $311,638Liabilities 2012: $0Net Assets 2012: $311,6382012Assets 2013: $331,283Liabilities 2013: $0Net Assets 2013: $331,2832013Assets 2014: $347,676Liabilities 2014: $0Net Assets 2014: $347,6762014Assets 2015: $316,389Liabilities 2015: $0Net Assets 2015: $316,3892015Assets 2016: $294,261Liabilities 2016: $0Net Assets 2016: $294,2612016Assets 2017: $295,394Liabilities 2017: $0Net Assets 2017: $295,3942017Assets 2018: $307,340Liabilities 2018: $0Net Assets 2018: $307,3402018Assets 2019: $336,593Liabilities 2019: $0Net Assets 2019: $336,5932019Assets 2020: $316,768Liabilities 2020: $0Net Assets 2020: $316,7682020Assets 2021: $344,211Liabilities 2021: $0Net Assets 2021: $344,2112021Assets 2022: $374,601Liabilities 2022: $0Net Assets 2022: $374,6012022Assets 2023: $360,080Liabilities 2023: $0Net Assets 2023: $360,0802023Assets 2024: $303,913Liabilities 2024: $0Net Assets 2024: $303,9132024

Highlighted filing

2019

Assets$336,593
Liabilities$0
Net Assets$336,593

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $136,7632010Expenses 2011: $145,1742011Expenses 2012: $149,3412012Revenue 2013: $211,858Expenses 2013: $192,213Net Income 2013: $19,6452013Revenue 2014: $215,338Expenses 2014: $198,945Net Income 2014: $16,3932014Revenue 2015: $174,247Expenses 2015: $205,534Net Income 2015: -$31,2872015Revenue 2016: $163,901Expenses 2016: $186,029Net Income 2016: -$22,1282016Revenue 2017: $162,271Expenses 2017: $161,138Net Income 2017: $1,1332017Revenue 2018: $114,816Expenses 2018: $102,870Net Income 2018: $11,9462018Revenue 2019: $217,688Expenses 2019: $188,435Net Income 2019: $29,2532019Revenue 2020: $45,918Expenses 2020: $65,743Net Income 2020: -$19,8252020Revenue 2021: $157,335Expenses 2021: $129,892Net Income 2021: $27,4432021Revenue 2022: $79,017Expenses 2022: $48,627Net Income 2022: $30,3902022Revenue 2023: $134,275Expenses 2023: $148,796Net Income 2023: -$14,5212023Revenue 2024: $124,191Expenses 2024: $180,358Net Income 2024: -$56,1672024

Highlighted filing

2019

Revenue$217,688
Expenses$188,435
Net Income$29,253
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 31, 2020
Return Version
2019v5.1
Gross Receipts
$217,688
Mission and Program Overview

Mission

Collection of membership dues, and the conduction of seminars and annual meetins for the purpose of promoting goodwill between members, the securities industry and the public.

Collection of membership dues, and the conduction of seminars and annual meetings for the purpose of promoting goodwill between members, the securities industry and the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$307,340$336,593▲ $29,253
Savings and Temporary Cash Investments$251,556$295,918▲ $44,362
Cash and Non-Interest-Bearing Accounts$55,784$40,675▼ $15,109
Total Assets$307,340$336,593▲ $29,253
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$307,340$336,593▲ $29,253
Total Liabilities and Net Assets / Fund Balance$307,340$336,593▲ $29,253
Compensation and Service Providers

Board Members and Trustees

NameTitle
Grady OGaraPresident
Michael LemesVice President
Andy SlechtaDirector
Ann Claire LathermDirector
Beatrix KondorDirector
Brad SummersDirector
Britnee DaltonDirector
Cory MccallumDirector
Daniel SiegleDirector
Earl BrownDirector
Garrett RushDirector
Joseph RomanDirector
Justin OstrowskiDirector
Kenneth JacksonDirector
Kyle ORourkeDirector
Mark AgahDirector
Matt CochardDirector
Patrick McGillDirector
Paul FarringtonDirector
Reed DuepreeDirector
Russell BrownDirector
Tony LeeDirector
Hollis GilliamSecretary
Randy LovingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$181,351
Program Service Revenue
$0
Investment Income
$36,337
Other Revenue
$0
Change in Net Assets
$29,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$134,500
Other Expenses$53,935
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$119,500
Conferences and Meetings---$40,342
Grants to Domestic Individuals---$15,000
Office Expenses---$5,229
Payments to Affiliates---$5,000
Fees for Service Investment Mgmnt Fees---$2,164
Fees for Services Accounting---$1,200
Total Functional Expenses$0$0$0$188,435
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Georgia Council on Economic EdAtlanta, GA501c3Char Assist$67,000
Nicholas HouseAtlanta, GA501c3Char Assist$17,000
Bright FuturesAtlanta, GA501c3Char Assist$12,500
Our HouseDecatur, GA501c3Char Assist$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Outing$153,800---
Total Events$153,800---
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Treasurer distributes the Form 990 to the governing body for their review prior to instructing the CPA to file the return.

Conflict of interest policy compliance Part VI line 12C

The organization reviews its conflict of interest policies on a regular basis as determined by the Board.

CEO executive director top management comp Part VI line 15A

The organization reviews its compensation policies on a regular basis as determined by the Board.

Other officer or key employee compensation Part VI line 15B

The organization reviews its compensation policies on a regular basis as determined by the Board.

Governing documents etc available to public Part VI line 19

The organizations governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Georgia Securities Association
EIN
58-1548071
Address
PO Box 12106, Atlanta, GA 30355

Signing Officer

Name
Grady OGara
Title
President
Phone
4048457689
Signed
2020-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grady OGara
Formed
1935
Legal Domicile
Ga
Voting Board Members
24
Independent Board Members
20
Employees
0

Preparer

Firm
Davies Accounting Services Inc
Address
3605 Sandy Plains Road, Marietta, GA 30066
Preparer
Jerome Davies
Phone
3475126085
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt22President
IRS990/Form990PartVIISectionAGrp/TitleTxt23SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0167690
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt0119500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0119500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0217688
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt036337
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036337
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt013661
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Collection of membership dues, and the conduction of seminars and annual meetings for the purpose of promoting goodwill between members, the securities industry and the public.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0307340
IRS990/NetAssetsOrFundBalancesEOYAmt0336593
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt05229
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt05000
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Grady OGara
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Scholarships for the purpose of promoting goodwill betweenmembers, the securities industry and the general public
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0125726
IRS990/PYGrantsAndSimilarPaidAmt030500
IRS990/PYInvestmentIncomeAmt0-10910
IRS990/PYOtherExpensesAmt072370
IRS990/PYRevenuesLessExpensesAmt011946
IRS990/PYTotalExpensesAmt0102870
IRS990/PYTotalRevenueAmt0114816
IRS990/ReconcilationRevenueExpnssAmt029253
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0307340
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0336593
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251556
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0295918
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0153800
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0153800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fall Outing
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0153800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0153800
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt067000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt212500
IRS990ScheduleI/RecipientTable/CashGrantAmt317000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Char Assist
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Char Assist
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Char Assist
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Char Assist
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Georgia Council on Economic Ed
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Our House
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Bright Futures
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Nicholas House
IRS990ScheduleI/RecipientTable/RecipientEIN0581376648
IRS990ScheduleI/RecipientTable/RecipientEIN1581743333
IRS990ScheduleI/RecipientTable/RecipientEIN2431988942
IRS990ScheduleI/RecipientTable/RecipientEIN3581762614
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 1619
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO Box 1304
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt264 Edwin Place NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 15577
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Atlanta
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Decatur
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Atlanta
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Atlanta
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd130031
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd230318
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd330333
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer distributes the Form 990 to the governing body for their review prior to instructing the CPA to file the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization reviews its conflict of interest policies on a regular basis as determined by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization reviews its compensation policies on a regular basis as determined by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization reviews its compensation policies on a regular basis as determined by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organizations governing documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.00$3.04$1.24$1.80$0.56
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.00$3.60$1.34$1.49$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.00$3.75$0.79$0.49$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.00$3.44$1.57$1.30$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.00$3.17$0.46$0.66$0.20
2019Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$2.18$1.88$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.00$3.07$1.15$1.03$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.00$2.95$1.62$1.61$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.00$2.94$1.64$1.86$0.22
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.00$3.16$1.74$2.06$0.31
2014Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$2.15$1.99$0.16
2013Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$2.12$1.92$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.00$3.12$1.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$1.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.00$2.55$1.37