Georgia Press Association
- Assets
- $1.0m
- Revenue
- $324.3k
- Investments
- $834.8k
- Employees
- 0
- Location
- Avondale Estates, GA
- Founding
- 09/1959
- Data as of
- 06/2023
- EIN
- 58-0257950
Organization Overview
Georgia Press Association is located in Avondale Estates, GA. The organization was established in 1959. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Press Association 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 06/2023, Georgia Press Association generated $324.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $339.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NOT-FOR-PROFIT ASSOCIATION OF NEWSPAPER PUBLISHERS OPERATING WITHIN THE STATE OF GEORGIA TO PROMOTE AND ADVANCE THE INTEREST OF THE NEWSPAPER PUBLISHING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION FOR APPROXIMATELY 150 MEMBERS AND 70 ASSOCIATE MEMBERS.
EDUCATIONAL MEETINGS AND SEMINARS.
CONTEST TO PROMOTE INTEREST IN CAREERS IN THE NEWSPAPER INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Rhodes Executive Direc | OfficerTrustee | 40 | $0 |
Mike Gebhart The Albany Heral Past President | OfficerTrustee | 1 | $0 |
Len Robbins The Clinch Director | Trustee | 1 | $0 |
Alan Davis The Daily Tribune Director | Trustee | 1 | $0 |
Steve Wade The Augusta Ch Director | Trustee | 1 | $0 |
Dubose Porter The Courier Director | Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $293,347 |
| Investment income | $15,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,333 |
| 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. | $47,821 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,179 |
| Pension plan accruals and contributions | $21,000 |
| Other employee benefits | $2,580 |
| Payroll taxes | $3,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,816 |
| Fees for services: Accounting | $19,250 |
| Fees for services: Lobbying | $53,972 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,579 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,967 |
| Travel | $1,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,979 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,514 |
| Insurance | $2,679 |
| All other expenses | $2,113 |
| Total functional expenses | $339,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,559 |
| Savings and temporary cash investments | $17,381 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $98,497 |
| 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 | $5,000 |
| Net Land, buildings, and equipment | $2,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $834,813 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4 |
| Total assets | $1,026,155 |
| Accounts payable and accrued expenses | $72,968 |
| Grants payable | $0 |
| Deferred revenue | $8,000 |
| 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 | $80,968 |
| Net assets without donor restrictions | $0 |
| 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 | $945,187 |
| Total liabilities and net assets/fund balances | $1,026,155 |