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Nonprofiteer
← GEORGIA BUDGET AND POLICY INSTITUTE INC

Form 990 for tax year 2023

Filed by GEORGIA BUDGET AND POLICY INSTITUTE INC.

Totals

Total revenue
$2,344,096
Total expenses
$2,994,262
Contributions and grants received
$2,285,146
Grants paid
$166,662
Program service revenue
$40,950
Investment income
$18,000
Other revenue
$0
Total assets, end of year
$3,080,397
Total liabilities, end of year
$427,536
Net assets or fund balances, end of year
$2,652,861
Program services expenses (Part IX)
$2,274,387
Management and general expenses
$395,033
Fundraising expenses
$324,842
Program service expenses (Part III)
$2,274,387

Program services were 76.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,285,146

  • 2a · Program service revenue: conference income

    total $8,000 · related or exempt $8,000

  • 2b · Program service revenue: contract fees

    total $30,000 · related or exempt $30,000

  • 2c · Program service revenue: OTHER

    total $2,950 · related or exempt $2,950

  • 3 · Investment income

    total $18,000 · excluded $18,000

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $166,662 · program services $166,662

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $183,136 · program services $137,004 · management and general $23,881 · fundraising $22,251

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,758,345 · program services $1,316,678 · management and general $228,636 · fundraising $213,031

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $11,075 · program services $8,285 · management and general $1,444 · fundraising $1,346

  • 10 · Payroll taxes

    total $426,892 · program services $319,358 · management and general $55,667 · fundraising $51,867

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $24,481 · management and general $24,481

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $135,028 · program services $97,312 · management and general $29,561 · fundraising $8,155

  • 12 · Advertising and promotion

    total $38,758 · program services $38,758

  • 13 · Office expenses

    total $1,727 · program services $1,087 · management and general $409 · fundraising $231

  • 14 · Information technology

    total $6,708 · program services $4,618 · management and general $1,340 · fundraising $750

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $113,603 · program services $84,986 · management and general $14,814 · fundraising $13,803

  • 17 · Travel

    total $11,060 · program services $10,739 · management and general $298 · fundraising $23

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $38,455 · program services $33,549 · management and general $1,704 · fundraising $3,202

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $16,917 · program services $12,656 · management and general $2,206 · fundraising $2,055

  • 23 · Insurance

    total $7,932 · program services $4,409 · management and general $2,807 · fundraising $716

  • 24a · Other expenses: TECHNOLOGY

    total $16,107 · program services $10,979 · management and general $2,862 · fundraising $2,266

  • 24b · Other expenses: Postage and Shipping

    total $14,929 · program services $11,532 · management and general $677 · fundraising $2,720

  • 24c · Other expenses: OTHER

    total $13,921 · program services $9,028 · management and general $3,972 · fundraising $921

  • 24d · Other expenses: SUPPLIES

    total $8,526 · program services $6,747 · management and general $274 · fundraising $1,505

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $477,573 · end of year $463,158

  • 2 · Savings and temporary cash investments

    beginning of year $1,513,208 · end of year $1,379,677

  • 3 · Pledges and grants receivable

    beginning of year $1,378,200 · end of year $849,498

  • 4 · Accounts receivable

    beginning of year $7,500 · end of year $2,500

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,637 · end of year $9,056

  • 10a · Land, buildings and equipment: cost or other basis

    $120,068

  • 10b · Land, buildings and equipment: accumulated depreciation

    $81,461

  • 10c · Land, buildings and equipment, net

    beginning of year $55,524 · end of year $38,607

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $455,597 · end of year $337,901

  • 17 · Accounts payable and accrued expenses

    beginning of year $73,419 · end of year $36,932

  • 19 · Deferred revenue

    beginning of year $1,500

  • 25 · Other liabilities

    beginning of year $517,293 · end of year $390,604

  • 27 · Net assets without donor restrictions

    beginning of year $1,579,852 · end of year $840,839

  • 28 · Net assets with donor restrictions

    beginning of year $1,723,175 · end of year $1,812,022

Mission and programs · 2023

Mission

The Georgia Budget & Policy Institute works to advance lasting solutions that expand economic opportunity and well-being for all Georgians. We produce research and state budget analysis to show Georgia ways to provide equitable education, health care and opportunity for everyone.

Activities or mission (Part I)

The Georgia Budget and Policy Institutes mission is to advance lasting solutions that expand economic opportunity and well-being for all Georgians.

  • 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.

    Expenses $2,274,387 · Grants $166,662 · Revenue $40,950

As filed on the 2023 return.

Listed in Part VII

  • Staci Fox

    President & CEO

    Total calculated
    $197,977
    From this org
    $183,136
    From related orgs
    $0
    Other
    $14,841
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,136
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,250
    Nontaxable benefits
    $5,591
    Filer's total
    $197,977

  • Jessica Woods

    FINANCE DIRECTOR

    Total calculated
    $147,866
    From this org
    $140,825
    From related orgs
    $0
    Other
    $7,041
    Hours/week
    40

  • David Schaefer

    VP RESEARCH-POLICY

    Total calculated
    $137,602
    From this org
    $125,636
    From related orgs
    $0
    Other
    $11,966
    Hours/week
    40

  • Dominique Derbigny Sim

    SR VICE PRES

    Total calculated
    $132,068
    From this org
    $126,865
    From related orgs
    $0
    Other
    $5,203
    Hours/week
    40

  • Crystal Johnson

    HR/ADMIN DIR

    Total calculated
    $130,498
    From this org
    $119,759
    From related orgs
    $0
    Other
    $10,739
    Hours/week
    40

  • Susan E Neugent

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Manoj S Sachin Varghese

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • James McCoy

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Teresa Tomlinson

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Robian Rogers Charles

    DEVELOPM CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Yasmine Murray

    STRATPLAN CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Davis L Sjoquist

    POLICY CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Jim Stokes

    GOVERNANC CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Thomas Boller

    Director

    Total calculated
    $0
    Hours/week
    0

  • Carla Cartwright

    Director

    Total calculated
    $0
    Hours/week
    0

  • Ann Duffy

    Director

    Total calculated
    $0
    Hours/week
    0

  • Lois Frank

    Director

    Total calculated
    $0
    Hours/week
    0

  • Norelie Garcia

    Director

    Total calculated
    $0
    Hours/week
    0

  • Charles Johnson

    Director

    Total calculated
    $0
    Hours/week
    0

  • Glenda Minkin

    Director

    Total calculated
    $0
    Hours/week
    0

  • Maria Del Rosario Palacios

    Director

    Total calculated
    $0
    Hours/week
    0

  • Natosha Reid Rice

    Director

    Total calculated
    $0
    Hours/week
    0

  • Robert Sills

    Director

    Total calculated
    $0
    Hours/week
    0

  • Hayden E Brooks

    Director

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
19 December 2024
IRS schema version
2023v5.1
Source object
202443549349300844

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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