Georgia Intellectual Property Alliance Inc
- Assets
- $491.4k
- Revenue
- $141.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Villa Rica, GA
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 82-5484620
Organization Overview
Georgia Intellectual Property Alliance Inc is located in Villa Rica, GA. The organization was established in 2018. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Intellectual Property Alliance 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 12/2022, Georgia Intellectual Property Alliance Inc generated $141.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 56.6% each year . All expenses for the organization totaled $41.9k during the year ending 12/2022. 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
GIPA EXISTS TO MAKE IP LESS INTIMIDATING SO THAT PEOPLE CAN SUCCESSFULLY BRING THEIR IDEAS TO MARKET. WE PROVIDE THE RESOURCES EXPERTISE AND CONNECTIONS TO ENSURE PEOPLE'S IDEAS CAN BECOME A PROFITABLE REALITY. JUST WHEN INNOVATORS AND CREATORS HAVE BECOME SUCH A VITAL CONTRIBUTOR OF OUR ECONOMY AND THE NEED FOR IP HAS BECOME MORE APPARENT IP HAS GOTTEN A BAD REPUTATION. THE NEED FOR SOMEONE TO MAKE SENSE OF IT ALL HAS BECOME SO IMPORTANT. GIPA MAKES IP LESS INTIMIDATING SO THAT PEOPLE CAN SUCCESSFULLY BRING THEIR IDEAS TO MARKET. WHEN PEOPLE COME IN CONTACT WITH US WE CAN ASSURE THEM THAT NO ONE CAN PROVIDE BETTER RESOURCES EXPERTISE AND CONNECTIONS TO ENSURE THEIR IDEAS CAN BECOME A PROFITABLE REALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIPI IS A GATHERING OF INTELLECTUAL PROPERTY PROFESSIONALS FROM LAW FIRMS INSTITUTIONS GOVERNMENT AND ACADEMIA FOR NETWORKING AND SHARING INSIGHTS ON THE ISSUES SURROUNDING THE CREATION PROTECTION AND ENABLEMENT OF INTELLECTUAL PROPERTY
THE INTELLECTUAL PROPERTY CELEBRATION IS AN EVENT HELD EVERY THREE YEARS IN ATLANTA FOR PROFESSIONALS OF IN THE INTELLECTUAL PROPERTY FIELD TO NETWORK AND CELEBRATE.
SIPJF IS THE LARGEST JOB FAIR IN THE SOUTHEAST FOCUSED EXCLUSIVELY ON CAREERS IN THE INTELLECTUAL PROPERTY FIELD. THE JOB FAIR BRINGS TOGETHER LAW FIRMS AND UNIVERSITY STUDENTS FROM ALL OVER THE UNITED STATES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hobbs Secretary | Officer | 4 | $0 |
Michael Wright Treasurer | Officer | 4 | $0 |
Elizabeth Lester Vice-Chair | Officer | 5 | $0 |
Wade Walker Vice Chair | Officer | 5 | $0 |
Corrine Sukiennik Executive Director | Officer | 5 | $0 |
Scott Frank President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,681 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,681 |
| Total Program Service Revenue | $0 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $61,808 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $141,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,518 |
| Office expenses | $12,129 |
| Information technology | $4,478 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,758 |
| All other expenses | $4,000 |
| Total functional expenses | $41,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $491,396 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $491,396 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $491,396 |
| 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 | $491,396 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Georgia Intellectual Property Alliance Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
State Engagement Fund Raleigh, NC | $3,992,375 | $7,875,633 |
State Chartered Credit Unions In Florida West Palm Beach, FL | $152,179,877 | $3,866,461 |
Florida International Bankers Association Inc Fiba Miami, FL | $2,194,903 | $3,357,810 |
First Choice Community Cu Knoxville, TN | $47,507,286 | $1,528,915 |
Protect Our Power Inc Orlando, FL | $44,843 | $1,166,585 |
Foundation For Americas Families Inc West Palm Beach, FL | $432,901 | $1,124,400 |
Coupon Information Corp Naples, FL | $1,362,850 | $708,255 |
Circle Of Brotherhood Miami, FL | $645,949 | $1,115,573 |
Textbook & Academic Authors Association Inc St Petersburg, FL | $1,855,184 | $847,167 |
Florida Alliance For Civic Engagement Inc Homestead, FL | $89,205 | $624,550 |
Thrive Regional Partnership Inc Chattanooga, TN | $851,540 | $827,075 |
Second Chance Initiative Inc Boca Raton, FL | $193,054 | $383,123 |