Georgia Association of Realtors Inc

Nonprofit profile at a glance

EIN
580836843
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Atlanta, GA, USA
Phone
7704511831
Rating confidence
Limited

Official website

Reported finances

Revenue
$8,891,008
Expenses
$8,279,629
Assets
$19,898,894
Liabilities
$4,062,853

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

425 people listed

Executive titles in this filing

  • STEPHEN WALKER (PRESIDENT)
  • DONNA DAVIS (FIRST VICE PRESIDENT)
  • BRIANNE DRAKE (PRESIDENT - ELECT)
  • JIM BARNER (IMMEDIATE PAST PRESIDENT)
  • BRAD MOCK (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • BRAD MOCK (CHIEF EXECUTIVE OFFICER): $284,075 total reported compensation
  • CHRISTINA EATON (SR. LEGAL AFFAIRS DIRECTOR): $195,977 total reported compensation
  • JEFFREY LEDFORD (CHIEF ADVOCACY OFFICER): $175,883 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Georgia association of realtors works to advance the real estate industry through the protection of private property rights, the continuing education of its members, and by acting as facilitators of the american dream of homeownership.

What it reported doing in 2024

Publications of Georgia realtor magazine - the association's journal made available to all members which provides educational and informative material.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 68
  • Accountability: 100
  • Sustainability: 54
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 74.1%; rating input score 74; 20th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 99.8%; rating input score 100; 27th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.9%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 2.4; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 15.2%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 8.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 416 of 417 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $8.3M in reported program spending
  • Leadership: top reported pay $284K · 425 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $386K reported
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 31 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.