Georgia Budget And Policy Institute Inc
- Assets
- $3.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Atlanta, GA
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 55-0860376
Organization Overview
Georgia Budget And Policy Institute Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Georgia Budget And Policy Institute Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Budget And Policy Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Georgia Budget And Policy Institute Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 14.3% 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.
Since 2018, Georgia Budget And Policy Institute Inc has awarded 39 individual grants totaling $1,265,718. 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 BUDGET AND POLICY INSTITUTES MISSION IS TO ADVANCE LASTING SOLUTIONS THAT EXPAND ECONOMIC OPPORTUNITY AND WELL-BEING FOR ALL GEORGIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GBPI PROVIDES BUDGET AND FISCAL ANALYSIS TO ENSURE OUR STATES POLICIES ARE MEETING THE NEEDS OF OUR PEOPLE. AS THE STATE HAS GROWN AND BECOME MORE RACIALLY AND ETHNICALLY DIVERSE, WE HAVE COMMITTED TO DISAGGREGATING DATA AND PROVIDING CONTEXT AS TO WHY DISPARITIES ALONG RACE, GENDER AND OTHER IDENTITIES EXIST; SEEKING RESOURCES THAT ADVANCE ORGANIZATIONAL DEVELOPMENT AND KNOWLEDGE OF EQUITY IN ALL ITS DIMENSIONS; RECRUITING AND HIRING FROM A DIVERSE TALENT POOL; DEVELOPING RELATIONSHIPS WITH DIVERSE PARTNER ORGANIZATIONS AND COMMUNITIES AND BETTER INTEGRATING RACIAL AND ETHNIC EQUITY INTO THE GBPIS STRATEGIC PLAN, MISSION, VISION AND CORE VALUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Staci Fox President & CEO | Officer | 40 | $183,136 |
Jessica Woods Finance Director | 40 | $140,825 | |
David Schaefer VP Research-Policy | 40 | $125,636 | |
Dominique Derbigny Sim Sr Vice Pres | 40 | $126,865 | |
Crystal Johnson Hr/admin Dir | 40 | $119,759 | |
Susan E Neugent Chairman | OfficerTrustee | 1 | $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 | $2,285,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,285,146 |
| Total Program Service Revenue | $40,950 |
| Investment income | $18,000 |
| 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 | $2,344,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $166,662 |
| 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. | $183,136 |
| Compensation of current officers, directors, key employees. | $23,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,758,345 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,075 |
| Payroll taxes | $426,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $135,028 |
| Advertising and promotion | $38,758 |
| Office expenses | $1,727 |
| Information technology | $6,708 |
| Royalties | $0 |
| Occupancy | $113,603 |
| Travel | $11,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,455 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,917 |
| Insurance | $7,932 |
| All other expenses | $0 |
| Total functional expenses | $2,994,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $463,158 |
| Savings and temporary cash investments | $1,379,677 |
| Pledges and grants receivable | $849,498 |
| Accounts receivable, net | $2,500 |
| 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 | $9,056 |
| Net Land, buildings, and equipment | $38,607 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $337,901 |
| Total assets | $3,080,397 |
| Accounts payable and accrued expenses | $36,932 |
| 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 | $390,604 |
| Total liabilities | $427,536 |
| Net assets without donor restrictions | $840,839 |
| Net assets with donor restrictions | $1,812,022 |
| 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 | $3,080,397 |
Grants Awarded
Over the last fiscal year, Georgia Budget And Policy Institute Inc has awarded $149,718 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
9 TO 5 GEORGIA PURPOSE: People-Powered Prosperity | $37,500 |
BARRED BUSINESS FOUNDATION PURPOSE: PATHWAYS MOU | $10,718 |
COALITION THE PEOPLES AGENDA PURPOSE: REFC MOU | $10,000 |
BLACK CHILD DEV INSTITUE-ATL PURPOSE: Fund Georgia's Future Coalition | $10,000 |
INTERFAITH CHILDRENS MOVEME PURPOSE: REFC MOU | $10,000 |
MIGRANT EQUITY SOUTHEAST INC PURPOSE: PATHWAYS MOU | $10,000 |