Georgia Financial Services Association Inc is located in Atlanta, GA. The organization was established in 1957. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Financial Services 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 12/2023, Georgia Financial Services Association Inc generated $120.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $107.8k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GFSA IS A NON PROFIT ORGANIZATION WHOSE PURPOSE IS TO PROTECT AND INFLUENCE THE CONDITIONS PERTAINING TO THE CONSUMER FINANCING INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buddy Cheek President | 0.1 | $0 | |
Robert Fowler Secretary/ T | 0.1 | $0 | |
Curt Gwaltney First Vice P | 0.1 | $0 | |
Austin Clancy 2nd Vice Pre | 0.1 | $0 | |
Elizabeth Hammond Director | 0.1 | $0 | |
Eddie Dotson Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,810 |
| Membership dues | $90,431 |
| Investment income | $13,803 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,800 |
| Total Revenue | $120,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $32,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,509 |
| Total expenses | $107,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $288,279 |
| Other assets | $0 |
| Total assets | $288,279 |
| Total liabilities | $0 |
| Net assets or fund balances | $288,279 |