GEORGIA SECURITIES ASSOCIATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: GEORGIA SECURITIES ASSOCIATION INC (EIN 58-1548071)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-09
IRS object ID: 201331299349301313
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-09T12:11:14-04:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	200147792	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Wade J Bowden & Company CPAs PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1720 Epps Bridge Parkway	AddressLine1
City	Athens	City
State	GA	State
ZIP Code	30606	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	581548071	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Georgia Securities Association	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GEOR	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 12106	AddressLine1
City	Atlanta	City
State	GA	State
ZIP Code	30355	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOSEPH WARD	Name
Title	TREASURER	Title
Phone	4048457689	Phone
Date Signed	2013-05-09	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Jerome Davies	Name
PTIN	P01264405	PTIN
Phone	7705009798	Phone
Date Prepared	2013-05-09	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	186843	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.gasec.org	WebSite
Type Of Organization Association	X	TypeOfOrganizationAssociation
Year Formation	1935	YearFormation
State Legal Domicile	GA	StateLegalDomicile
Activity Or Mission Description	Collection of membership dues, and the conduction of seminars and annual meetins for the purpose of promoting goodwill between members, the securities industry and the public.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	17	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	17	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	179655	ContributionsGrantsPriorYear
Contributions Grants Current Year	160421	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	-4274	InvestmentIncomePriorYear
Investment Income Current Year	26422	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	175381	TotalRevenuePriorYear
Total Revenue Current Year	186843	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	81000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	76000	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	48738	TotalFundrsngExpCurrentYear
Other Expense Prior Year	64174	OtherExpensePriorYear
Other Expenses Current Year	73341	OtherExpensesCurrentYear
Total Expenses Prior Year	145174	TotalExpensesPriorYear
Total Expenses Current Year	149341	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	30207	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	37502	RevenuesLessExpensesCY
Total Assets BOY	274136	TotalAssetsBOY
Total Assets EOY	311638	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	274136	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	311638	NetAssetsOrFundBalancesEOY
Mission Description	Collection of membership dues, and the conduction of seminars and annual meetins for the purpose of promoting goodwill between members, the securities industry and the public.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	58500	Expense
Grants	58500	Grants
Description	Charitable contributions for the purpose of promoting goodwill between members, the securities industry and the general public.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	17500	Expense
Grants	17500	Grants
Description	Scholarships for the purpose of promoting goodwill between members, the securities industry and the general public	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	76000	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	17	NbrVotingGoverningBodyMembers
Number Independent Voting Members	17	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	true	LocalChapters
Policies Reference Chapters	true	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	GA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JOSEPH WARD	NamePerson
Telephone Number	4048457689	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 12106	AddressLine1
City	Atlanta	City
State	GA	State
ZIP Code	30355	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Institutional TrusteeInstitutionalTrustee	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
Beatrix Kondor
Director	5.00	X	0	0	0
Brian Gately
Director	5.00	X	0	0	0
Daniel Siegle
Director	5.00	X	0	0	0
Earl Brown
Director	5.00	X	0	0	0
Joe Roman
Director	5.00	X	0	0	0
Jonathan Smith
Director	5.00	X	0	0	0
Justin Oeltze
Director	5.00	X	0	0	0
Katy Ryan
Director	5.00	X	0	0	0
Matt Cochard
Director	5.00	X	0	0	0
Matthew Welden
Director	5.00	X	0	0	0
Pat Fleming
Director	5.00	X	0	0	0
Patrick McGill
Director	5.00	X	0	0	0
Russell Brown
Director	5.00	X	0	0	0
Hays Evans
Secretary	5.00		0	0	0	X
JOSEPH WARD
TREASURER	5.00		0	0	0	X
Mary Flatley
Vice President	5.00		0	0	0	X
Michele Dickson
President-	5.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	11000	MembershipDues
Fundraising Events	149421	FundraisingEvents
Total Contributions	160421	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	26422	TotalRevenueColumn
Related Or Exempt Function Income	26422	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	149421	CntrbtnsRprtdFundraisingEvents

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	186843	TotalRevenueColumn
Related Or Exempt Function Income	26422	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	58500	Total
Program Services	58500	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	17500	Total
Program Services	17500	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	1400	Total
Management And General	1400	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	1996	Total
Management And General	1996	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2713	Total
Management And General	2713	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1818	Total
Management And General	1818	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	54888	Total
Management And General	6150	ManagementAndGeneral
Fundraising	48738	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	10000	Total
Management And General	10000	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	465	Total
Management And General	465	ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
Bank changes	11	11
Licenses	50	50

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	149341	Total
Program Services	76000	ProgramServices
Management And General	24603	ManagementAndGeneral
Fundraising	48738	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	44712	BOY
EOY	57799	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	229424	BOY
EOY	253839	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	274136	BOY
EOY	311638	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	274136	BOY
EOY	311638	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	274136	BOY
EOY	311638	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	274136	BOY
EOY	311638	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	37502	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Fall Outing	NameOfEvent1
Gross Receipts Event1	149421	GrossReceiptsEvent1
Charitable Contributions Event1	149421	CharitableContributionsEvent1
Gross Receipts Total	149421	GrossReceiptsTotal
Charitable Contributions Total	149421	CharitableContributionsTotal

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (5 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
Our House
PO BOX 1304	Decatur	GA	30031	581743333	501c3	8000	Char Assist
Atlanta Childrens Shelter
607 Peachtree St NE	Atlanta	GA	30308	581675299	501c3	8000	Char Assist
Wounded Warrior Project
3343 Peachtree Road NE M20	Atlanta	GA	30326	202370934	501c3	9000	Char Assist
Robin Hood Foundation
826 Broadway 9th Floor	New York	NY	10003	133441066	501c3	7000	Char Assist
Georgia Council on Economic Ed
PO Box 1619	Atlanta	GA	30301	581137332	501c3	22500	Education

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	5	TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Scholarships	TypeOfGrant
Number Of Recipients	7	NumberOfRecipients
Amount Of Cash Grant	17500	AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Form 990 governing body review Part VI line 11	The Treasurer distributes the Form 990 to the governing body for their review prior to instructing the CPA to file the return.
O02	Conflict of interest policy compliance Part VI line 12c	The organization reviews its conflict of interest policies on a regular basis as determined by the Board.
O03	CEO executive director top management comp Part VI line 15a	The organization reviews its compensation policies on a regular basis as determined by the Board.
O04	Other officer or key employee compensation Part VI line 15b	The organization reviews its compensation policies on a regular basis as determined by the Board.
O05	Governing documents etc available to public Part VI line 19	The organization9s governing documents are made available to the public upon request.