Georgia Investor Action Fund Inc
- Assets
- $1.9m
- Revenue
- $16.0m
- Investments
- $0.0
- Employees
- 20
- Location
- Atlanta, GA
- Founding
- 06/2016
- Data as of
- 08/2023
- EIN
- 47-4777204
Organization Overview
Georgia Investor Action Fund Inc is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 08/2023, Georgia Investor Action Fund Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Investor Action Fund Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2023, Georgia Investor Action Fund Inc generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $17.2m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Georgia Investor Action Fund Inc has awarded 89 individual grants totaling $28,196,684. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GEORGIA INVESTOR ACTION FUND UTILIZES ORGANIZING, MESSAGING AND LEADERSHIP DEVELOPMENT STRATEGIES TO IMPACT POLICY ISSUES IN GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GAVE SPECIFIC PROGRAMMATIC GRANTS TO TWENTY ONE ORGANIZATIONS RELATED TO VOTER EDUCATION AS WELL AS RESEARCH AND DIGITAL PROGRAMMING.
PROVIDED PROFESSIONAL EMPLOYMENT SERVICES, OPERATIONS SUPPORT AND BENEFITS SOURCING FOR THREE SMALL PROGRESSIVE NON-PROFITS.
GAVE FUNDS TO POLITICAL ORGANIZATIONS SUPPORTING SPECIFIC PROGRESSIVE POLICIES AND INITIATIVES.
GAVE OPERATIONAL SUPPORTING GRANTS TO EIGHT ENTITIES. THESE ENTITIES MISSIONS INCLUDE GENERAL VOTER EDUCATION, VOTER EDUCATION TO SPECIFIC POPULATIONS INCLUDING YOUTH, WOMEN, BLACK, ASIAN, AND LATIN AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine White Executive Director | Officer | 20 | $121,090 |
Sydney Morton Treasurer | Officer | 20 | $66,663 |
Chris Baumann Board Member | Trustee | 2 | $0 |
Bertis Downs Board Member | Trustee | 0 | $0 |
Neele Johnston Treasurer | Trustee | 2 | $0 |
Justin Critz Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,384,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,384,545 |
| Total Program Service Revenue | $0 |
| Investment income | $10,774 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $69,493 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,020,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,810,017 |
| 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. | $187,753 |
| Compensation of current officers, directors, key employees. | $56,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,158,987 |
| Pension plan accruals and contributions | $25,633 |
| Other employee benefits | $82,094 |
| Payroll taxes | $103,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,310 |
| Fees for services: Accounting | $64,527 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,593 |
| Advertising and promotion | $0 |
| Office expenses | $5,206 |
| Information technology | $9,736 |
| Royalties | $0 |
| Occupancy | $145,172 |
| Travel | $61,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,060 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,137 |
| All other expenses | $355,089 |
| Total functional expenses | $17,247,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,166,175 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,270 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $643,950 |
| Total assets | $1,928,395 |
| Accounts payable and accrued expenses | $391,094 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $677,982 |
| Total liabilities | $1,069,076 |
| Net assets without donor restrictions | $859,319 |
| 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 | $1,928,395 |
Grants Awarded
Over the last fiscal year, Georgia Investor Action Fund Inc has awarded $14,810,017 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA VOTES PURPOSE: Program Support | $480,000 |
BLACK MALE INITIATIVE FUND PURPOSE: Program Support | $1,390,000 |
BLACK VOTERS MATTER FUND PURPOSE: Program Support | $500,000 |
BLACK MALE VOTER PROJECT PURPOSE: Program Support | $925,000 |
CARE IN ACTION PURPOSE: Program Support | $200,000 |
CASA IN ACTION PURPOSE: Program Support | $500,000 |