Civic Intelligence

Georgia Food Industry Education Foundation Inc

EIN 58-2154292 • 501(c)3 • Smyrna, GA

Profile

To provide academic scholarships to employees of member companies of the georgia food industry association, inc. And their dependents, and to provide educational programs benefiting the food industry.

5020 Highlands Pkwy SE 200Smyrna, GA 30082

www.gfia.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.33x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

56th percentile

7.4%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$279,478

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 68.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.4%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,443,647

Up $198,093 (+16%) from 2023

Liabilities

Up

$135,120

Up $81,964 (+154%) from 2023

Net Assets

Up

$1,308,527

Up $116,129 (+9.7%) from 2023

Revenue

Up

$408,034

Up $31,747 (+8.4%) from 2023

Expenses

Up

$377,818

Up $76,031 (+25%) from 2023

Net Income

Down

$30,216

Down $44,284 (-59%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $805,761Liabilities 2010: $122,479Net Assets 2010: $683,2822010Assets 2011: $854,373Liabilities 2011: $137,879Net Assets 2011: $716,4942011Assets 2012: $893,818Liabilities 2012: $135,177Net Assets 2012: $758,6412012Assets 2013: $919,648Liabilities 2013: $122,063Net Assets 2013: $797,5852013Assets 2014: $989,986Liabilities 2014: $106,163Net Assets 2014: $883,8232014Assets 2015: $973,714Liabilities 2015: $90,938Net Assets 2015: $882,7762015Assets 2016: $1,036,094Liabilities 2016: $102,629Net Assets 2016: $933,4652016Assets 2017: $1,001,327Liabilities 2017: $76,664Net Assets 2017: $924,6632017Assets 2018: $967,137Liabilities 2018: $90,402Net Assets 2018: $876,7352018Assets 2019: $1,076,150Liabilities 2019: $95,917Net Assets 2019: $980,2332019Assets 2020: $1,108,538Liabilities 2020: $12,131Net Assets 2020: $1,096,4072020Assets 2021: $1,270,082Liabilities 2021: $96,156Net Assets 2021: $1,173,9262021Assets 2022: $1,127,042Liabilities 2022: $99,210Net Assets 2022: $1,027,8322022Assets 2023: $1,245,554Liabilities 2023: $53,156Net Assets 2023: $1,192,3982023Assets 2024: $1,443,647Liabilities 2024: $135,120Net Assets 2024: $1,308,5272024

Highlighted filing

2024

Assets$1,443,647
Liabilities$135,120
Net Assets$1,308,527

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $226,9692010Revenue 2011: $263,029Expenses 2011: $219,898Net Income 2011: $43,1312011Expenses 2012: $243,6092012Revenue 2013: $319,817Expenses 2013: $259,960Net Income 2013: $59,8572013Revenue 2014: $346,434Expenses 2014: $257,031Net Income 2014: $89,4032014Revenue 2015: $285,750Expenses 2015: $267,292Net Income 2015: $18,4582015Revenue 2016: $322,516Expenses 2016: $280,513Net Income 2016: $42,0032016Revenue 2017: $211,285Expenses 2017: $244,846Net Income 2017: -$33,5612017Revenue 2018: $264,088Expenses 2018: $272,786Net Income 2018: -$8,6982018Revenue 2019: $286,386Expenses 2019: $262,179Net Income 2019: $24,2072019Revenue 2020: $240,013Expenses 2020: $178,714Net Income 2020: $61,2992020Revenue 2021: $330,210Expenses 2021: $270,244Net Income 2021: $59,9662021Revenue 2022: $286,365Expenses 2022: $302,038Net Income 2022: -$15,6732022Revenue 2023: $376,287Expenses 2023: $301,787Net Income 2023: $74,5002023Revenue 2024: $408,034Expenses 2024: $377,818Net Income 2024: $30,2162024

Highlighted filing

2024

Revenue$408,034
Expenses$377,818
Net Income$30,216

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.14$1.31$0.41$0.38$0.03
2023Summary only. Only limited summary data is available for this year.$1.25$0.05$1.19$0.38$0.30$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.10$1.03$0.29$0.30$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.10$1.17$0.33$0.27$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.01$1.10$0.24$0.18$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.10$0.98$0.29$0.26$0.02
2018Summary only. Only limited summary data is available for this year.$0.97$0.09$0.88$0.26$0.27$0.01
2017Summary only. Only limited summary data is available for this year.$1.00$0.08$0.92$0.21$0.24$0.03
2016Summary only. Only limited summary data is available for this year.$1.04$0.10$0.93$0.32$0.28$0.04
2015Summary only. Only limited summary data is available for this year.$0.97$0.09$0.88$0.29$0.27$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.11$0.88$0.35$0.26$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.92$0.12$0.80$0.32$0.26$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.14$0.76$0.24
2011Summary only. Only limited summary data is available for this year.$0.85$0.14$0.72$0.26$0.22$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.12$0.68$0.23
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$437,983
Mission and Program Overview

Mission

To provide academic scholarships to employees of member companies of the georgia food industry association, inc and their dependents, and to provide educational programs benefiting the food industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$990,486$930,785▼ $59,701
Cash and Non-Interest-Bearing Accounts$275,496$180,445▼ $95,051
Pledges and Grants Receivable-$10,000-
Total Assets$1,270,082$1,127,042▼ $143,040
Other Assets Total$4,100$5,812▲ $1,712
Liabilities
Other Liabilities$92,256$98,000▲ $5,744
Accounts Payable and Accrued Expenses$3,900$1,210▼ $2,690
Total Liabilities$96,156$99,210▲ $3,054
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$950,999$896,807▼ $54,192
Net Assets With Donor Restrictions$222,927$131,025▼ $91,902
Total Net Assets Fund Balance$1,173,926$1,027,832▼ $146,094
Total Liabilities and Net Assets / Fund Balance$1,270,082$1,127,042▼ $143,040
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$157,781
Program Service Revenue
$0
Investment Income
$20,709
Other Revenue
$107,875
All Other Contributions
$103,851
Change in Net Assets
$-15,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$160,800
Other Expenses$141,238
Total Fundraising Expense$9,566
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$160,800--$160,800
Fees for Services Other$61,688$26,746$9,566$98,000
Fees for Service Investment Mgmnt Fees-$6,583-$6,583
Fees for Services Accounting-$6,500-$6,500
Other Expenses$4,896--$4,896
Office Expenses$2,119$1,351-$3,470
Travel$2,069$1,379-$3,448
Insurance$874$582-$1,456
Information Technology$576$384-$960
Advertising$555$370-$925
Total Functional Expenses$248,577$43,895$9,566$302,038
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$142,868
Fundraising Direct Expenses$34,993
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Classic$122,330$68,400$837$67,563
Auction$37,750$37,750$3,109$34,641
Total Events$196,798$142,868$34,993$107,875
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Gfia$98,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The board members all have business relationships, as they are members of the georgia food industry association, inc. Which is a trade association. There are no special relationships or conflicts of interest.

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

President and accounting manager review the form 990 before filing the form.

Form 990, Part VI, Section C, Line 19

Governing documents or financial statement documents are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Georgia Food Industry Education
EIN
58-2154292
Phone
7704387744
Address
5020 HIGHLANDS PKWY SE 200, SMYRNA, GA 30082

Signing Officer

Name
Kerry Hitchcock
Title
Treasurer
Phone
7704387744
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Kuzava
Formed
1996
Legal Domicile
Ga
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
23

Preparer

Firm
Jones and Kolb
Address
3475 PIEDMONT ROAD NE SUITE 1500, ATLANTA, GA 30305
Preparer
Laura H Heller
Phone
4042627920
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Gfia administrative fee: program service expenses 61,688. Management and general expenses 26,746. Fundraising expenses 9,566. Total expenses 98,000.

Part IX Line 11G

The georgia food industry association (gfia) manages all of the organization's programs, management and fundraising activities using gfia staff.

Raw XML AppendixShowing 400 of 631 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ACADEMIC SCHOLARSHIPS TO EMPLOYEES OF MEMBER COMPANIES OF THE GEORGIA FOOD INDUSTRY ASSOCIATION, INC AND THEIR DEPENDENTS, AND TO PROVIDE EDUCATIONAL PROGRAMS BENEFITING THE FOOD INDUSTRY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0370
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIM PETERSON
IRS990/BooksInCareOfDetail/PhoneNum07704387744
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27PRESIDENT
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ACADEMIC SCHOLARSHIPS TO EMPLOYEES OF MEMBER COMPANIES OF THE GEORGIA FOOD INDUSTRY ASSOCIATION, INC AND THEIR DEPENDENTS, AND TO PROVIDE EDUCATIONAL PROGRAMS BENEFITING THE FOOD INDUSTRY.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0218675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0144382

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