Civic Intelligence

Frank Norris Foundation Timbermart South

990 • Fiscal year 2024 • EIN 59-3338621

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 24, 2025

1860 Barnett Shoals Rd Pmb 103-598Athens, GA 30605

(706) 247-7660

Siviq Scores

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

Liabilities / Assets

39th percentile

0.02x

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

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

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

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

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

75th percentile

$123,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

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

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

37th percentile

1.0%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Up

$1,294,372

Up $134,174 (+12%) from 2023

Net Assets

Up

$1,265,742

Up $158,240 (+14%) from 2023

Liabilities

Down

$28,630

Down $24,066 (-46%) from 2023

Revenue

Up

$756,823

Up $7,658 (+1.0%) from 2023

Expenses

Up

$649,017

Up $121,005 (+23%) from 2023

Net Income

Down

$107,806

Down $113,347 (-51%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $296,357Liabilities 2011: $41,108Net Assets 2011: $255,2492011Assets 2012: $301,143Liabilities 2012: $35,523Net Assets 2012: $265,6202012Assets 2013: $349,790Liabilities 2013: $39,820Net Assets 2013: $309,9702013Assets 2014: $439,948Liabilities 2014: $67,314Net Assets 2014: $372,6342014Assets 2015: $448,566Liabilities 2015: $49,145Net Assets 2015: $399,4212015Assets 2016: $492,563Liabilities 2016: $56,035Net Assets 2016: $436,5282016Assets 2017: $467,908Liabilities 2017: $51,218Net Assets 2017: $416,6902017Assets 2018: $539,654Liabilities 2018: $42,266Net Assets 2018: $497,3882018Assets 2019: $597,397Liabilities 2019: $83,816Net Assets 2019: $513,5812019Assets 2020: $607,547Liabilities 2020: $66,599Net Assets 2020: $540,9482020Assets 2021: $731,285Liabilities 2021: $45,386Net Assets 2021: $685,8992021Assets 2022: $900,571Liabilities 2022: $41,398Net Assets 2022: $859,1732022Assets 2023: $1,160,198Liabilities 2023: $52,696Net Assets 2023: $1,107,5022023Assets 2024: $1,294,372Liabilities 2024: $28,630Net Assets 2024: $1,265,7422024Assets 2025: $1,453,635Liabilities 2025: $5,104Net Assets 2025: $1,448,5312025

Highlighted filing

2024

Assets$1,294,372
Liabilities$28,630
Net Assets$1,265,742

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $356,386Expenses 2011: $335,267Net Income 2011: $21,1192011Expenses 2012: $325,4032012Expenses 2013: $326,8012013Revenue 2014: $382,893Expenses 2014: $320,229Net Income 2014: $62,6642014Revenue 2015: $401,713Expenses 2015: $374,926Net Income 2015: $26,7872015Revenue 2016: $558,095Expenses 2016: $512,613Net Income 2016: $45,4822016Revenue 2017: $570,981Expenses 2017: $590,819Net Income 2017: -$19,8382017Revenue 2018: $578,171Expenses 2018: $497,473Net Income 2018: $80,6982018Revenue 2019: $573,078Expenses 2019: $556,885Net Income 2019: $16,1932019Revenue 2020: $595,904Expenses 2020: $568,537Net Income 2020: $27,3672020Revenue 2021: $638,161Expenses 2021: $493,210Net Income 2021: $144,9512021Revenue 2022: $728,059Expenses 2022: $483,078Net Income 2022: $244,9812022Revenue 2023: $749,165Expenses 2023: $528,012Net Income 2023: $221,1532023Revenue 2024: $756,823Expenses 2024: $649,017Net Income 2024: $107,8062024Revenue 2025: $766,748Expenses 2025: $629,739Net Income 2025: $137,0092025

Highlighted filing

2024

Revenue$756,823
Expenses$649,017
Net Income$107,806
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 24, 2025
Return Version
2023v6.0
Gross Receipts
$756,823
Mission and Program Overview

Mission

Research and forestry data

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$547,909$580,542▲ $32,633
Investments in Publicly Traded Securities$458,318$519,125▲ $60,807
Land, Buildings, and Equipment, Net$23,926$88,050▲ $64,124
Cash and Non-Interest-Bearing Accounts$82,812$66,300▼ $16,512
Accounts Receivable$46,583$40,355▼ $6,228
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,160,198$1,294,372▲ $134,174
Other Assets Total$650$0▼ $650
Liabilities
Accounts Payable and Accrued Expenses$25,410$28,630▲ $3,220
Other Liabilities$27,286--
Total Liabilities$52,696$28,630▼ $24,066
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,107,502$1,265,742▲ $158,240
Total Net Assets Fund Balance$1,107,502$1,265,742▲ $158,240
Total Liabilities and Net Assets / Fund Balance$1,160,198$1,294,372▲ $134,174

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$88,050-$88,050
Equipment-$11,470$11,470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jonathan SmithExecutive DirectorFT$123,000$123,000
Cathy LawSecretaryFT$87,000$87,000

Board Members and Trustees

NameTitle
Ed SweetenChairman
Chet SummersDirector
David BranchDirector
David JensenDirector
Jacek SiryDirector
Mark WatermanDirector
Marshall ThomasDirector
Mary Ellen AronowDirector
Michele CurtisDirector
Scott JonesDirector
Travis MccoyDirector
Whit HillDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$722,333
Investment Income
$22,792
Other Revenue
$11,698
Change in Net Assets
$107,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$330,273
Salaries, Compensation, and Employee Benefits$308,744
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$210,000--$210,000
Fees for Services Other$186,478$4,224-$190,702
Other Salaries and Wages$51,948--$51,948
All Other Expenses$26,515$1,782-$28,297
Payroll Taxes$24,025--$24,025
Occupancy$21,769--$21,769
Advertising$20,773--$20,773
Other Employee Benefits$17,591--$17,591
Travel$14,534--$14,534
Grants to Domestic Orgs$10,000--$10,000
Other Expenses$7,159--$7,159
Insurance-$6,702-$6,702
Pension Plan Contributions$5,180--$5,180
Fees for Services Accounting-$4,770-$4,770
Depreciation Depletion$382--$382
Total Functional Expenses$631,539$17,478$0$649,017
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of GeorgiaAthens, GA--$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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, Section B, Line 11B

The preparer emails the return to the president, the secretary, three directors and the foundation's contracted bookkeeper for review. Once they have reviewed the 990 and any corrections are made, then copies of the final return are e-mailed to all directors before the return is filed.

Form 990, Part VI, Section C, Line 19

No documents available to public.

Filing and Contact Details

Filer

Filer Name
Frank Norris Foundation
EIN
59-3338621
Phone
7062477660
Address
1860 BARNETT SHOALS RD PMB 103-598, ATHENS, GA 30605

Signing Officer

Name
Jonathan Smith
Title
Executive Director
Signed
2025-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Smith
Formed
1995
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Turner and Patat Pc
Address
1165-A CEDAR SHOALS DR, ATHENS, GA 30605
Preparer
Karmen D Hofacre
Phone
7063541212
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0RESEARCH AND FORESTRY DATA
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01107502
IRS990/NetAssetsOrFundBalancesEOYAmt01265742
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/ProgramServicesAmt021769
IRS990/OccupancyGrp/TotalAmt021769
IRS990/OfficeExpensesGrp/TotalAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0650
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017591
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017591
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT EXPENSE
IRS990/OtherExpensesGrp/Desc3SOFTWARE LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt014135
IRS990/OtherExpensesGrp/ProgramServicesAmt113870
IRS990/OtherExpensesGrp/ProgramServicesAmt27180
IRS990/OtherExpensesGrp/ProgramServicesAmt37159
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IRS990/OtherExpensesGrp/TotalAmt37159
IRS990/OtherLiabilitiesGrp/BOYAmt027286
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011698
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IRS990/OtherRevenueTotalAmt011698
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051948
IRS990/OtherSalariesAndWagesGrp/TotalAmt051948
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt024025
IRS990/PayrollTaxesGrp/TotalAmt024025
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05180
IRS990/PensionPlanContributionsGrp/TotalAmt05180
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JONATHAN SMITH
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt038749
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010100
IRS990/PYInvestmentIncomeAmt011890
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IRS990/PYOtherExpensesAmt0301322
IRS990/PYOtherRevenueAmt010418
IRS990/PYProgramServiceRevenueAmt0726857
IRS990/PYRevenuesLessExpensesAmt0221153
IRS990/PYSalariesCompEmpBnftPaidAmt0216590
IRS990/PYTotalExpensesAmt0528012
IRS990/PYTotalRevenueAmt0749165
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0107806
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0547909
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0580542
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0726857
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0709463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0625930
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0581126
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03365709
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022791
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011890
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06731
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02745
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04857
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt049014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022791
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011890
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02745
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt049014
IRS990ScheduleA/InvestmentIncomeCYPct00.01440
IRS990ScheduleA/InvestmentIncomePYPct00.00860
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98560
IRS990ScheduleA/PublicSupportPY509Pct00.99140
IRS990ScheduleA/PublicSupportTotal509Amt03365709
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0722333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0726857
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0709463
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0625930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0581126
IRS990ScheduleA/Total509Grp/TotalAmt03365709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0745124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0738747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0716194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0628675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0585983
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03414723
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011470
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011470
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt088050
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088050
IRS990ScheduleD/TotalBookValueLandBuildingsAmt088050
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF GEORGIA
IRS990ScheduleI/RecipientTable/RecipientEIN0990053749
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0394 S MILLEDGE AVE STE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ATHENS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.45$0.77$0.63$0.14
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.03$1.27$0.76$0.65$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.11$0.75$0.53$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.04$0.86$0.73$0.48$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.05$0.69$0.64$0.49$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.07$0.54$0.60$0.57$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.08$0.51$0.57$0.56$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$0.58$0.50$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.05$0.42$0.57$0.59$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.44$0.56$0.51$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.05$0.40$0.40$0.37$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.07$0.37$0.38$0.32$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.04$0.31$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.04$0.27$0.33
2011Summary only. Only limited summary data is available for this year.$0.30$0.04$0.26$0.36$0.34$0.02