Civic Intelligence

Georgia Press Educational Foundation Inc.

990 • Fiscal year 2014 • EIN 58-6044342

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

3066 Mercer University Drive30341

(770) 454-6776

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

98th percentile

88%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$130,906

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

55th percentile

3.6%

Faster asset growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$1,874,183

Up $65,131 (+3.6%) from 2013

Net Assets

Up

$1,847,604

Up $164,720 (+9.8%) from 2013

Liabilities

Down

$26,579

Down $99,589 (-79%) from 2013

Revenue

$795,427

No earlier filing loaded for comparison.

Expenses

Up

$92,934

Up $17,416 (+23%) from 2013

Net Income

$702,493

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,491,481Liabilities 2011: $22,450Net Assets 2011: $1,469,0312011Assets 2012: $1,523,779Liabilities 2012: $25,019Net Assets 2012: $1,498,7602012Assets 2013: $1,809,052Liabilities 2013: $126,168Net Assets 2013: $1,682,8842013Assets 2014: $1,874,183Liabilities 2014: $26,579Net Assets 2014: $1,847,6042014Assets 2015: $1,805,040Liabilities 2015: $35,196Net Assets 2015: $1,769,8442015Assets 2016: $1,682,197Liabilities 2016: $18,977Net Assets 2016: $1,663,2202016Assets 2017: $1,840,102Liabilities 2017: $22,087Net Assets 2017: $1,818,0152017Assets 2018: $1,893,907Liabilities 2018: $24,440Net Assets 2018: $1,869,4672018Assets 2019: $1,876,078Liabilities 2019: $13,578Net Assets 2019: $1,862,5002019Assets 2020: $1,894,246Liabilities 2020: $7,790Net Assets 2020: $1,886,4562020Assets 2021: $2,211,491Liabilities 2021: $26,725Net Assets 2021: $2,184,7662021Assets 2022: $1,995,821Liabilities 2022: $3,626Net Assets 2022: $1,992,1952022Assets 2023: $2,025,129Liabilities 2023: $50,269Net Assets 2023: $1,974,8602023Assets 2024: $2,152,862Liabilities 2024: $94,885Net Assets 2024: $2,057,9772024

Highlighted filing

2014

Assets$1,874,183
Liabilities$26,579
Net Assets$1,847,604

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $70,0822011Expenses 2012: $73,8042012Expenses 2013: $75,5182013Revenue 2014: $795,427Expenses 2014: $92,934Net Income 2014: $702,4932014Revenue 2015: $123,697Expenses 2015: $107,387Net Income 2015: $16,3102015Revenue 2016: $17,464Expenses 2016: $71,977Net Income 2016: -$54,5132016Revenue 2017: $106,530Expenses 2017: $77,412Net Income 2017: $29,1182017Revenue 2018: $132,808Expenses 2018: $77,331Net Income 2018: $55,4772018Revenue 2019: $120,946Expenses 2019: $73,852Net Income 2019: $47,0942019Revenue 2020: $295,081Expenses 2020: $167,863Net Income 2020: $127,2182020Revenue 2021: $238,821Expenses 2021: $295,335Net Income 2021: -$56,5142021Revenue 2022: $505,425Expenses 2022: $308,030Net Income 2022: $197,3952022Revenue 2023: $252,796Expenses 2023: $327,254Net Income 2023: -$74,4582023Revenue 2024: $152,537Expenses 2024: $221,001Net Income 2024: -$68,4642024

Highlighted filing

2014

Revenue$795,427
Expenses$92,934
Net Income$702,493
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$1,656,183
Mission and Program Overview

Mission

A Not-for-Profit organization established to promote & advance the interest of Journalism through education including the granting of scholarships to students and internship programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,602,372$1,793,894▲ $191,522
Savings and Temporary Cash Investments-$70,565-
Cash and Non-Interest-Bearing Accounts$206,575$8,005▼ $198,570
Prepaid Expenses and Deferred Charges$105$1,719▲ $1,614
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,809,052$1,874,183▲ $65,131
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$96,657--
Other Liabilities$6,570$21,000▲ $14,430
Deferred Revenue-$4,570-
Accounts Payable and Accrued Expenses$22,941$1,009▼ $21,932
Total Liabilities$126,168$26,579▼ $99,589
Net Assets / Fund Balance
Unrestricted Net Assets$973,250$1,137,970▲ $164,720
Temporarily Rstr Net Assets$709,634$709,634→ $0
Total Net Assets Fund Balance$1,682,884$1,847,604▲ $164,720
Total Liabilities and Net Assets / Fund Balance$1,809,052$1,874,183▲ $65,131

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,884$12,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin RhodesExecutive DirecFT$10,400$120,506$130,906
Revenue and Support

Revenue Composition

Contributions and Grants
$6,500
Program Service Revenue
$0
Investment Income
$769,019
Other Revenue
$19,908
All Other Contributions
$6,500
Change in Net Assets
$702,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,534
Grants and Similar Amounts Paid$34,000
Salaries, Compensation, and Employee Benefits$10,400
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$34,000--$34,000
Current Officers, Directors, Trustees, and Key Employees$8,320$2,080-$10,400
Fees for Services Accounting-$9,090-$9,090
Fees for Services Legal-$8,187-$8,187
Fees for Service Investment Mgmnt Fees-$4,380-$4,380
Occupancy-$2,400-$2,400
Travel-$1,010-$1,010
Insurance-$955-$955
Other Expenses-$600-$600
All Other Expenses-$500-$500
Office Expenses-$388-$388
Total Functional Expenses$42,320$50,614$0$92,934
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,346
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$21,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Georgia Press Association elects members to The Georgia Press Educational Foundation.

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

EIN
58-6044342
Phone
7704546776

Signing Officer

Name
Robin Rhodes
Title
Executive Director
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1963
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Preparer
Charles A Orth
Phone
7706229885
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Financial Accounting Standards Board has released FASB ASC topic 740, Income Taxes, which provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in financial statements. Adoption of FASB ASC 740, Income Taxes, is required for fiscal years beginning after December 15, 2008. The Association evaluates its uncertain tax positions using the provisions of FASB ASC topic 450, Contingencies. Management believes there are no material estimates that should be accrued as of June 30, 2012 and 2011. The Association is no longer subject to examination by taxing authorities for tax periods prior to 2009.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016687
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21037
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3600
IRS990/OtherExpensesGrp/TotalAmt016687
IRS990/OtherExpensesGrp/TotalAmt13300
IRS990/OtherExpensesGrp/TotalAmt21037
IRS990/OtherExpensesGrp/TotalAmt3600
IRS990/OtherLiabilitiesGrp/BOYAmt06570
IRS990/OtherLiabilitiesGrp/EOYAmt021000
IRS990/OtherRevenueMiscGrp/Desc0GCPA Income
IRS990/OtherRevenueMiscGrp/Desc1Other Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt017562
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017562
IRS990/OtherRevenueTotalAmt017562
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0105
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01719
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Scholarships for College Students - program to provide Scholarships to students majoring in Journalism.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015500
IRS990/ProgSrvcAccomActy3Grp/Desc0Education Expense - Provide support for adult continuing education in Journalism.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08320
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt039948
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt031500
IRS990/PYInvestmentIncomeAmt058152
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt033618
IRS990/PYOtherRevenueAmt020301
IRS990/PYRevenuesLessExpensesAmt042883
IRS990/PYSalariesCompEmpBnftPaidAmt010400
IRS990/PYTotalExpensesAmt075518
IRS990/PYTotalRevenueAmt0118401
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0702493
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt070565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt081012
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt036799
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt039880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt038051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt034690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034887
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0184307
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30530
IRS990ScheduleA/PublicSupportPY170Pct00.31560
IRS990ScheduleA/PublicSupportTotal170Amt081012
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012029
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt081012
IRS990ScheduleA/TotalSupportAmt0265319
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012884
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012884
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Financial Accounting Standards Board has released FASB ASC topic 740, Income Taxes, which provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in financial statements. Adoption of FASB ASC 740, Income Taxes, is required for fiscal years beginning after December 15, 2008. The Association evaluates its uncertain tax positions using the provisions of FASB ASC topic 450, Contingencies. Management believes there are no material estimates that should be accrued as of June 30, 2012 and 2011. The Association is no longer subject to examination by taxing authorities for tax periods prior to 2009.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueSecuritiesAmt01793894
IRS990ScheduleD/TotalLiabilityAmt021000
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Journalism grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Georgia Press Association elects members to The Georgia Press Educational Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0581078826
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Newspaper Advertising
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10Georgia Newspaper Services
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine103066 Mercer University Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0Atlanta
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0GA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode030341
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10The Georgia Press Association
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10The Georgia Press Association
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0580257950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c) 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Promoting interest in Newspaper
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine103066 Mercer University Drive No 200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.09$2.06$0.15$0.22$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.05$1.97$0.25$0.33$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$1.99$0.51$0.31$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.03$2.18$0.24$0.30$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.01$1.89$0.30$0.17$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.01$1.86$0.12$0.07$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.02$1.87$0.13$0.08$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.02$1.82$0.11$0.08$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.02$1.66$0.02$0.07$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.04$1.77$0.12$0.11$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.03$1.85$0.80$0.09$0.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.13$1.68$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.03$1.50$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.02$1.47$0.07
Peer Organizations

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