Georgia Restaurant Association Inc
- Assets
- $1.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Atlanta, GA
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 38-3670102
Organization Overview
Georgia Restaurant Association Inc is located in Atlanta, GA. The organization was established in 2003. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Georgia Restaurant Association Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Restaurant Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Georgia Restaurant Association Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGIA RESTAURANT ASSOCIATION (GRA) REPRESENTS THE FOOD SERVICE INDUSTRY, WHICH IS INTEGRAL AND ESSENTIAL TO THE ECONOMIC AND SOCIAL WELL BEING OF THE STATE OF GEORGIA. THE GRA WILL 1.) WORK TO IMPROVE THE POLITICAL, ECONOMIC, AND SOCIAL ENVIRONMENT IN WHICH THE INDUSTRY CONDUCTS BUSINESS, 2.) PROMOTE THE ESSENTIAL AND DESIRABLE NATURE OF EATING FOOD PREPARED AND SERVED AWAY FROM HOME, AND OF FOOD PREPARED AND DELIVERED TO THE HOME AND 3.) EDUCATE THE INDUSTRY, PARTICULARLY THE CURRENT AND FUTURE MEMBERS, TO OPERATE MORE EFFECTIVELY FOR THE BENEFIT OF ITS PATRONAGE, STAFF, FOR THE INDUSTRY AS A WHOLE, AND FOR THE GENERAL WELL BEING OF THEIR STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGIA RESTAURANT ASSOCIATION (GRA) ENSURED THAT GEORGIA'S RESTAURANT INDUSTRY WAS REPRESENTED ON FEDERAL, STATE AND LOCAL LEVELS. THE GRA CONNECTED MEMBERS WITH ASSETS AND PERTINENT INFORMATION, INCLUDING BUT NOT LIMITED TO STATEWIDE HEALTH REQUIREMENTS FROM THE OFFICE OF GOVERNOR KEMP AND GEORGIA DEPARTMENT OF PUBLIC HEALTH AS WELL AS EDUCATION WEBINARS ON INDUSTRY UPDATES CHANGING LAWS AND BUSINESS TRENDS. WE ALSO CONTINUED TO COMMUNICATE OUR INDUSTRY'S RECOVERY CHALLENGES TO OUR ELECTED LEADERS AND THE GENERAL PUBLIC. THROUGH OUR PARTNER, THE NATIONAL RESTAURANT ASSOCIATION, WE PROVIDED CLOSE TO HALF A MILLION DOLLARS IN TRAINING FOR RESTAURANT OWNERS AND EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Fischer Chair/past Chair | OfficerTrustee | 1 | $0 |
Hank Clark Past Chair | OfficerTrustee | 1 | $0 |
Justin Triplett Vice Chair/chair | OfficerTrustee | 1 | $0 |
Alexis Kinsey Secretary/vice Chair | OfficerTrustee | 1 | $0 |
Joseph Hsiao Secretary | OfficerTrustee | 1 | $0 |
Perry Mcguire Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $367,323 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,323 |
| Total Program Service Revenue | $836,047 |
| Investment income | $604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,224,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,077 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $253,232 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,725 |
| Pension plan accruals and contributions | $19,986 |
| Other employee benefits | $36,632 |
| Payroll taxes | $35,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,616 |
| Advertising and promotion | $56,396 |
| Office expenses | $44,250 |
| Information technology | $21,009 |
| Royalties | $0 |
| Occupancy | $89,683 |
| Travel | $8,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,953 |
| Interest | $11,917 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,787 |
| Insurance | $5,954 |
| All other expenses | $14,383 |
| Total functional expenses | $1,137,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,781 |
| Savings and temporary cash investments | $650,660 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $258,203 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,321 |
| Net Land, buildings, and equipment | $23,216 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $323,863 |
| Total assets | $1,496,044 |
| Accounts payable and accrued expenses | $22,379 |
| Grants payable | $0 |
| Deferred revenue | $236,004 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $273,294 |
| Total liabilities | $1,031,677 |
| Net assets without donor restrictions | $464,367 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,496,044 |