GEORGIA BAR FOUNDATION INC

EIN: 580552594 501(c)(3) Crime & Legal

ATLANTA, GA

Total Revenue
$9,474,726
Total Expenses
$5,087,161
Total Assets
$9,301,785
Net Assets
$8,795,167
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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
GA
Principal Officer
W TERENCE WALSH
Phone
4045882239
Tax Period
2022-07-01 to 2023-06-30

GEORGIA BAR FOUNDATION INC, founded in 1967, is a community nonprofit in the Crime & Legal sector that reported $2.5M in total revenue in fiscal year 2017. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.9M exceeded revenue, resulting in a 98% operating deficit.

Mission

FOR COMPLETE DESCRIPTION.THE GEORGIA BAR FOUNDATION WAS NAMED BY THE SUPREME COURT OF GEORGIA IN 1983 TO RECEIVE IOLTA FUNDS TO SUPPORT LEGAL SERVICES FOR THE POOR, TO IMPROVE THE ADMINISTRATION OF JUSTICE, TO PROMOTE PROFESSIONALISM IN LAW PRACTICE IN ORDER BEST TO SERVE THE PUBLIC, TO AID CHILDREN INVOLVED IN THE JUSTICE SYSTEM, AND TO ADVANCE THE LEGAL SYSTEM THROUGH HISTORICAL STUDY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $356,694
Program Service Revenue $9,114,227
Investment Income $3,805
Other Revenue $0
TOTAL REVENUE $9,474,726

Expense Breakdown

Grants Paid $4,554,935
Salaries & Benefits $448,620
Fundraising Expenses $0
Program Expenses $4,760,833
Other Expenses $83,606
TOTAL EXPENSES $5,087,161

Year-over-Year Comparison

2022 2021 Change
Revenue $9,474,726 $3,076,419 +2.1%
Expenses $5,087,161 $3,307,944 +0.5%
Net Income $4,387,565 $-231,525 -20.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
3
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$185,833
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HON DEREK J WHITE PRESIDENT 1.00
Officer Director
$0 $0 $0
W TERENCE WALSH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL T NATIONS TREASURER 1.00
Officer Director
$0 $0 $0
JASON J CARTER SECRETARY 1.00
Officer Director
$0 $0 $0
SARAH BROWN AKINS TRUSTEE 1.00
Director
$0 $0 $0
J JOSEPH BRANNEN TRUSTEE 1.00
Director
$0 $0 $0
HON ROBERT W CHASTEEN JR TRUSTEE 1.00
Director
$0 $0 $0
KATHERINE MEYERS COHEN TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM F EASTERLIN III TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM D HARVARD TRUSTEE 1.00
Director
$0 $0 $0
HON CAROL W HUNSTEIN TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH FINN JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
J ANDERSON DAVIS TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH W DENT TRUSTEE 1.00
Director
$0 $0 $0
REBECCA GRIST TRUSTEE 1.00
Director
$0 $0 $0
FALGUN PATEL TRUSTEE 1.00
Director
$0 $0 $0
DEBRA SEGAL TRUSTEE 1.00
Director
$0 $0 $0
RONALD EDWARD DANIELS TRUSTEE 1.00
Director
$0 $0 $0
HON J ANTONIO DELCAMPO TRUSTEE 1.00
Director
$0 $0 $0
CHARLES LEONARD HORTON EXECUTIVE DIRECTOR 40.00
Officer
$159,225 $26,608 $185,833
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $9,474,726 $5,087,161 $9,301,785 $4,387,565
2022 $3,076,419 $3,307,944 $4,520,657 $-231,525
2021 $3,235,745 $4,081,275 $4,745,837 $-845,530
2020 $3,199,237 $2,847,312 $5,593,700 $351,925
2019 $2,812,693 $5,223,698 $5,211,168 $-2,411,005
2018 $2,461,767 $4,863,885 $7,621,527 $-2,402,118
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