Civic Intelligence

Atlanta Bar Foundation Inc.

990 • Fiscal year 2018 • EIN 58-1676758

Jun 01, 2017 to May 31, 2018 • Filed on Apr 11, 2019

Organization ProfileATLANTABAR.ORG
229 Peachtree Street Intl Twr 400Atlanta, GA 30303

(404) 521-0781

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$25,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

66th percentile

8.4%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

54th percentile

6.3%

Faster revenue growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$647,010

Up $50,182 (+8.4%) from 2017

Net Assets

Up

$643,210

Up $48,382 (+8.1%) from 2017

Liabilities

Up

$3,800

Up $1,800 (+90%) from 2017

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin49th percentile

Revenue

Up

$368,747

Up $21,765 (+6.3%) from 2017

Expenses

Up

$358,206

Up $22,924 (+6.8%) from 2017

Net Income

Down

$10,541

Down $1,159 (-9.9%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $477,052Liabilities 2010: $0Net Assets 2010: $477,0522010Assets 2011: $469,398Liabilities 2011: $0Net Assets 2011: $469,3982011Assets 2012: $492,351Liabilities 2012: $0Net Assets 2012: $492,3512012Assets 2013: $486,529Liabilities 2013: $0Net Assets 2013: $486,5292013Assets 2014: $511,638Liabilities 2014: $0Net Assets 2014: $511,6382014Assets 2015: $532,682Liabilities 2015: $0Net Assets 2015: $532,6822015Assets 2016: $540,510Liabilities 2016: $0Net Assets 2016: $540,5102016Assets 2017: $596,828Liabilities 2017: $2,000Net Assets 2017: $594,8282017Assets 2018: $647,010Liabilities 2018: $3,800Net Assets 2018: $643,2102018Assets 2019: $646,843Liabilities 2019: $0Net Assets 2019: $646,8432019Assets 2020: $644,863Liabilities 2020: $0Net Assets 2020: $644,8632020Assets 2021: $819,669Liabilities 2021: $0Net Assets 2021: $819,6692021Assets 2022: $834,451Liabilities 2022: $0Net Assets 2022: $834,4512022Assets 2023: $801,474Liabilities 2023: $0Net Assets 2023: $801,4742023Assets 2024: $945,541Liabilities 2024: $0Net Assets 2024: $945,5412024Assets 2025: $1,048,337Liabilities 2025: $0Net Assets 2025: $1,048,3372025

Highlighted filing

2018

Assets$647,010
Liabilities$3,800
Net Assets$643,210
Open 2018 Filing

Operations Trend

Revenue Growth54th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $98,982Expenses 2010: $144,919Net Income 2010: -$45,9372010Expenses 2011: $281,8262011Expenses 2012: $323,0792012Expenses 2013: $337,7572013Revenue 2014: $303,557Expenses 2014: $291,399Net Income 2014: $12,1582014Revenue 2015: $337,133Expenses 2015: $327,730Net Income 2015: $9,4032015Revenue 2016: $458,319Expenses 2016: $442,039Net Income 2016: $16,2802016Revenue 2017: $346,982Expenses 2017: $335,282Net Income 2017: $11,7002017Revenue 2018: $368,747Expenses 2018: $358,206Net Income 2018: $10,5412018Revenue 2019: $458,304Expenses 2019: $443,610Net Income 2019: $14,6942019Revenue 2020: $372,964Expenses 2020: $387,840Net Income 2020: -$14,8762020Revenue 2021: $164,427Expenses 2021: $138,174Net Income 2021: $26,2532021Revenue 2022: $430,442Expenses 2022: $404,044Net Income 2022: $26,3982022Revenue 2023: $408,406Expenses 2023: $382,625Net Income 2023: $25,7812023Revenue 2024: $430,360Expenses 2024: $393,516Net Income 2024: $36,8442024Revenue 2025: $568,293Expenses 2025: $460,530Net Income 2025: $107,7632025

Highlighted filing

2018

Revenue$368,747
Expenses$358,206
Net Income$10,541
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 11, 2019
Return Version
2017v2.3
Gross Receipts
$409,576
Mission and Program Overview

Mission

The atlanta bar foundation supports atlanta bar association's charitable projects that assist youth, provide pro bono legal services, promote public understanding of the law, and promote higher education through scholarships. The foundation has an annual grant program that assists local pro bono legal service providers to help them meet the legal needs of low-income citizens.

SEE PAGE 2, PART III

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$415,365$453,276▲ $37,911
Cash and Non-Interest-Bearing Accounts$181,211$193,734▲ $12,523
Accounts Receivable$252--
Total Assets$596,828$647,010▲ $50,182
Liabilities
Deferred Revenue$2,000$3,800▲ $1,800
Total Liabilities$2,000$3,800▲ $1,800
Net Assets / Fund Balance
Unrestricted Net Assets$448,369$475,052▲ $26,683
Temporarily Rstr Net Assets$146,459$168,158▲ $21,699
Total Net Assets Fund Balance$594,828$643,210▲ $48,382
Total Liabilities and Net Assets / Fund Balance$596,828$647,010▲ $50,182

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$453,276--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleBaseTotal
Terri BryantExecutive Di$25,000$25,000

Board Members and Trustees

NameTitle
Michael B TerryPresident
Margaret Hughes VathAba, Preside
Nicole G IannaroneAba, Vice Pr
Allan J TanenbaumEx-officio M
Frank B StricklandEx-officio M
Hon T Jackson Bedford JrEx-officio M
Jack Spalding Schroder JrEx-officio M
Terrence Lee CroftEx-officio M
William H Schroder JrEx-officio M
S Wade MaloneImmed Past P
Betsy Cross GriswoldMember at La
Brenton HundMember at La
Elizabeth a PriceMember at La
Hannibal HerediaMember at La
Jo Lanier MeeksMember at La
Joel NeumanMember at La
Letitia a McdonaldMember at La
Marc a TaylorMember at La
Paula J FrederickMember at La
Robert G WellonMember at La
Timothy WangMember at La
Tracye T MillerMember at La
Wade H Watson IiiMember at La
William D DegolianMember at La
Louis R CohanMemebr at La
William M Ragland JrMemebr at La
David N SchaefferSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$339,659
Program Service Revenue
$0
Investment Income
$8,776
Other Revenue
$20,312
All Other Contributions
$339,659
Change in Net Assets
$10,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$368,747
Revenue Not Reported on Form 990
$67,327
Total Revenue per Audited Statements
$436,074
Total Revenue per Form 990
$368,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$280,321
Other Expenses$51,231
Salaries, Compensation, and Employee Benefits$26,654
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$280,321--$280,321
Other Expenses-$40,000-$40,000
Current Officers, Directors, Trustees, and Key Employees-$25,000-$25,000
Fees for Services Accounting-$5,800-$5,800
Office Expenses-$5,431-$5,431
Payroll Taxes-$1,654-$1,654
Total Functional Expenses$280,321$77,885$0$358,206

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$389,953
Expenses per Audited Statements$358,206
Total Expenses per Form 990$358,206
Expenses Not Reported on Form 990$31,747
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,141
Fundraising Direct Expenses$40,829
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other$60,766$60,766$38,668$22,098
Total Events$60,766$60,766$38,668$22,098
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Audit committee
Yes
Backup withholding compliance
Yes
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
No

Governance Explanations

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

“The form 990 will be reviewed by the foundation's executive committee which includes the foundation's officers and the president of the atlanta bar association. In addition, an independent audit committee reviews the form 990 before mailing.”

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

“Directors sign the following document: per the conflict of interest policy adopted by the board of directors of the atlanta bar foundation, inc. (the foundation), each member of the board of directors, any officer or director of a section, any employee of the foundation, or a member of a committee wherein such member has board of director delegated powers, shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, d. Has received and reviewed a listing of the foundations significant transactions (i.e., those greater than 5,000),and e. Understands the foundation is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities to accomplish one or more of its tax-exempt purposes.”

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

“Compensation is determined and approved by the board of directors. No other employees or directors are compensated.”

Form 990, Page 6, Part VI, Line 19

“Information available upon request”

Filing and Contact Details

Filer

Filer Name
Atlanta Bar Foundation Inc
EIN
58-1676758
Phone
4045210781
Address
229 PEACHTREE STREET INTL TWR 400, ATLANTA, GA 30303

Signing Officer

Name
Terri Bryant
Title
Executive Director
Phone
4045210781
Signed
2019-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terri Bryant
Formed
1985
Legal Domicile
Ga
Voting Board Members
21
Independent Board Members
21
Employees
1
Volunteers
21

Preparer

Firm
Reed Quinn & Mcclure LLC
Address
2055 N BROWN RD STE 150, LAWRENCEVILLE, GA 30043-4920
Preparer
Daniel T Mcclure CPA
Phone
7704499144
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The atlanta bar foundation supports atlanta bar association charitable projects that assist youth, provide pro bono legal services, promote public understanding of the law, and promote higher education through scholarships.the foundation has established an annual grant application program to assist local pro bono legal service providers in their struggle to obtain adequate funding.”

Form 990, Page 2, Part III, Line 4D

“OTHER GRANTS AWARDED”

Form 990, Part XI, Line 9

“Expenses for fundraising events 31,747 expenses for fundraising events -31,747”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Expenses for fundraising events 31,747”

Schedule D, Page 4, Part XII, Line 2D

“Expenses for fundraising events 31,747”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMED PAST P
IRS990/Form990PartVIISectionAGrp/TitleTxt3ABA, PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER AT LA
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IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMEBR AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt20EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt22EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt23EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt24EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt25EX-OFFICIO M
IRS990/Form990PartVIISectionAGrp/TitleTxt26ABA, VICE PR
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0THE ATLANTA BAR FOUNDATION SUPPORTS ATLANTA BAR ASSOCIATION CHARITABLE PROJECTS THAT ASSIST YOUTH, PROVIDE PRO BONO LEGAL SERVICES, PROMOTE PUBLIC UNDERSTANDING OF THE LAW, AND PROMOTE HIGHER EDUCATION THROUGH SCHOLARSHIPS.THE FOUNDATION HAS ESTABLISHED AN ANNUAL GRANT APPLICATION PROGRAM TO ASSIST LOCAL PRO BONO LEGAL SERVICE PROVIDERS IN THEIR STRUGGLE TO OBTAIN ADEQUATE FUNDING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0FUNDS ARE PROVIDED TO THE ATLANTA VOLUNTEER LAWYER'S FOUNDATION WHICH PROVIDES LEGAL REPRESENTATION, EDUCATION AND ADVOCACY FOR AT-RISK, LOW INCOME INDIVIDUALS THROUGH VOLUNTEER LEGAL PROFESSIONALS WHO ARE COMMITTED TO MEETING THE UNMET CIVIL LEGAL NEEDS OF THE ATLANTA COMMUNITY.
IRS990/ProgSrvcAccomActy3Grp/Desc0FUNDS FROM THE ATLANTA BAR ASSOCIATION LAWYER REFERRAL AND INFORMATION SERVICE ARE GIVEN BY THE ATLANTA BAR FOUNDATION TO ATLANTA-AREA PRO BONO LEGAL SERVICE ORGANIZATIONS TO PROVIDE FREE LEGAL SERVICES TO LOW INCOME CITIZENS IN ATLANTA.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER GRANTS AWARDED
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION'S LONG STANDING (C)(6) STATUS HAS NEVER BEEN REVOKED
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1NO FUNDS WERE TRANSFERRED TO THE (C)(6) FOR SUPPORT, RATHER THE FOUNDATION CARRIED OUT THE ACTIVITIES ITSELF THAT SUPPORTED THE (C)(6).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$647,010
Liabilities
$3,800
Net assets
$643,210
Revenue
$368,747
Expenses
$358,206
Net income
$10,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.57$0.46$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$0.43$0.39$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.00$0.80$0.41$0.38$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.00$0.83$0.43$0.40$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.82$0.16$0.14$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$0.37$0.39$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.46$0.44$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.64$0.37$0.36$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.59$0.35$0.34$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.00$0.54$0.46$0.44$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.34$0.33$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.30$0.29$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.10$0.14$0.05
Peer Organizations

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