Civic Intelligence

Appraisal Institute

EIN 58-6046247 • 501(c)6 • Chicago, IL

Profile

To provide educational and information services to members.

200 W Madison St Ste 2000Chicago, IL 60606-3515

www.aiatlanta.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.12x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.14x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-9.1%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

40th percentile

-7.3%

Faster asset growth than 40% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-12%

Faster revenue growth than 32% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$253,210

Down $19,805 (-7.3%) from 2023

Liabilities

Down

$30,152

Down $3,206 (-9.6%) from 2023

Net Assets

Down

$223,058

Down $16,599 (-6.9%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin33rd percentile

Revenue

Down

$217,218

Down $30,906 (-12%) from 2023

Expenses

Down

$236,905

Down $14,547 (-5.8%) from 2023

Net Income

Down

-$19,687

Down $16,359 (-492%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

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

$400K$300K$200K$100K$0Assets 2010: $305,533Liabilities 2010: $3,363Net Assets 2010: $302,1702010Assets 2011: $318,587Liabilities 2011: $2,033Net Assets 2011: $316,5542011Assets 2012: $311,716Liabilities 2012: $1,850Net Assets 2012: $309,8662012Assets 2013: $302,484Liabilities 2013: $1,978Net Assets 2013: $300,5062013Assets 2014: $296,717Liabilities 2014: $2,090Net Assets 2014: $294,6272014Assets 2015: $268,974Liabilities 2015: $2,292Net Assets 2015: $266,6822015Assets 2016: $237,828Liabilities 2016: $1,537Net Assets 2016: $236,2912016Assets 2017: $226,021Liabilities 2017: $2,891Net Assets 2017: $223,1302017Assets 2018: $196,129Liabilities 2018: $2,891Net Assets 2018: $193,2382018Assets 2019: $221,161Liabilities 2019: $47,542Net Assets 2019: $173,6192019Assets 2020: $225,651Liabilities 2020: $44,206Net Assets 2020: $181,4452020Assets 2021: $276,192Liabilities 2021: $44,449Net Assets 2021: $231,7432021Assets 2022: $287,634Liabilities 2022: $53,520Net Assets 2022: $234,1142022Assets 2023: $273,015Liabilities 2023: $33,358Net Assets 2023: $239,6572023Assets 2024: $253,210Liabilities 2024: $30,152Net Assets 2024: $223,0582024

Highlighted filing

2024

Assets$253,210
Liabilities$30,152
Net Assets$223,058
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $449,6972010Revenue 2011: $469,087Expenses 2011: $454,703Net Income 2011: $14,3842011Expenses 2012: $475,1142012Revenue 2013: $486,575Expenses 2013: $495,935Net Income 2013: -$9,3602013Revenue 2014: $395,736Expenses 2014: $401,615Net Income 2014: -$5,8792014Revenue 2015: $341,031Expenses 2015: $368,976Net Income 2015: -$27,9452015Revenue 2016: $336,341Expenses 2016: $366,732Net Income 2016: -$30,3912016Revenue 2017: $318,905Expenses 2017: $332,066Net Income 2017: -$13,1612017Revenue 2018: $317,929Expenses 2018: $347,819Net Income 2018: -$29,8902018Revenue 2019: $287,163Expenses 2019: $306,782Net Income 2019: -$19,6192019Revenue 2020: $209,503Expenses 2020: $207,942Net Income 2020: $1,5612020Revenue 2021: $211,563Expenses 2021: $166,899Net Income 2021: $44,6642021Revenue 2022: $238,259Expenses 2022: $219,676Net Income 2022: $18,5832022Revenue 2023: $248,124Expenses 2023: $251,452Net Income 2023: -$3,3282023Revenue 2024: $217,218Expenses 2024: $236,905Net Income 2024: -$19,6872024

Highlighted filing

2024

Revenue$217,218
Expenses$236,905
Net Income-$19,687
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$253,210
Liabilities
$30,152
Net assets
$223,058
Revenue
$217,218
Expenses
$236,905
Net income
-$19,687
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.30$2.23$2.17$2.37$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$0.33$2.40$2.48$2.51$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.54$2.34$2.38$2.20$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.44$2.32$2.12$1.67$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$0.44$1.81$2.10$2.08$0.02
2019Summary only. Only limited summary data is available for this year.$2.21$0.48$1.74$2.87$3.07$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.03$1.93$3.18$3.48$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.03$2.23$3.19$3.32$0.13
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.02$2.36$3.36$3.67$0.30
2015Detailed filing. Detailed filing data is available for this year.$2.69$0.02$2.67$3.41$3.69$0.28
2014Detailed filing. Detailed filing data is available for this year.$2.97$0.02$2.95$3.96$4.02$0.06
2013Detailed filing. Detailed filing data is available for this year.$3.02$0.02$3.01$4.87$4.96$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.02$3.10$4.75
2011Summary only. Only limited summary data is available for this year.$3.19$0.02$3.17$4.69$4.55$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.03$3.02$4.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$217,218
Mission and Program Overview

Mission

To provide educational and information services to members.

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$136,985$176,493▲ $39,508
Cash and Non-Interest-Bearing Accounts$120,256$57,222▼ $63,034
Accounts Receivable$14,044$18,001▲ $3,957
Land, Buildings, and Equipment, Net$1,730$1,494▼ $236
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$273,015$253,210▼ $19,805
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$31,409$28,244▼ $3,165
Other Liabilities$1,949$1,908▼ $41
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$33,358$30,152▼ $3,206
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$239,657$223,058▼ $16,599
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$239,657$223,058▼ $16,599
Total Liabilities and Net Assets / Fund Balance$273,015$253,210▼ $19,805

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,494$1,336$2,830
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Michael L Hunter MAIPresident
Hugh B Bass Jr MAIVice President
Rick Kenny MAI SRAVice President Jan thru Mar 2024
Adam Trammell MAI AI-GRSDirector
Christina H Thoreson MAI SRA AI-Director
David B Griffin MAI SRA AI-GRSDirector
George Petkovich MAIDirector
Marie S Ikizler MAIDirector
Patrick Adamson MAI SRADirector
Robert R Mancini MAIDirector
Peter A Lamas MAISecretary
Talani Casariego MAITreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,608
Program Service Revenue
$184,594
Investment Income
$8,016
Other Revenue
$0
All Other Contributions
$24,608
Change in Net Assets
$-19,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,369
Other Expenses$103,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$115,000
Conferences and Meetings$0$0$0$12,585
Other Employee Benefits$0$0$0$9,572
Payroll Taxes$0$0$0$8,797
Travel$0$0$0$7,275
Office Expenses$0$0$0$2,954
Information Technology$0$0$0$2,555
Advertising$0$0$0$2,051
Fees for Services Management$0$0$0$620
Depreciation Depletion$0$0$0$236
Total Functional Expenses$0$0$0$236,905
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$1,908
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 6

“Chapters have designated members candidates practicing affiliates and honorary members as defined in the National Bylaws of the Appraisal Institute.”

Part VI, Line 7A

“The designated members candidates practicing affiliates and affiliates belonging to the chapter shall proceed to elect the necessary chapter officers directors representatives and at the option of the chapter alternative representatives for the succeeding year.”

Part VI, Line 7B

“The National Board of Directors may suspend or revoke chapters charter for cause after six 6 months notice by a two-thirds 2 3 vote of those directors present at a regular or special meeting.”

Part VI, Line 11A

“The Tax Return is emailed in PDF format to all officers and board members for their reviewal and approval”

Part VI, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Atlanta Area Chapter of the Appraisal Institute
EIN
58-6046247
Phone
3123354100
Address
200 W MADISON ST STE 2000, CHICAGO, IL 60606-3515

Signing Officer

Name
Elizabeth Kramer
Title
Controller
Phone
3123354143
Signed
2025-11-17

Organization Details

Principal Officer
Hugh B Bass Jr
Formed
1991
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
35
Raw XML AppendixShowing 400 of 621 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Talani Casariego MAI
IRS990/Form990PartVIISectionAGrp/PersonNm4Patrick Adamson MAI SRA
IRS990/Form990PartVIISectionAGrp/PersonNm5George Petkovich MAI
IRS990/Form990PartVIISectionAGrp/PersonNm6David B Griffin MAI SRA AI-GRS
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IRS990/Form990PartVIISectionAGrp/PersonNm8Christina H Thoreson MAI SRA AI-
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IRS990/Form990PartVIISectionAGrp/PersonNm10Robert R Mancini MAI
IRS990/Form990PartVIISectionAGrp/PersonNm11Rick Kenny MAI SRA
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Peer Organizations

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