GEORGIA TECH ATHLETIC ASSOCIATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GEORGIA TECH ATHLETIC ASSOCIATION (EIN 58-0622514)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-16
IRS object ID
202241369349302194
Schema version
2020v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-16T08:51:19-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593204548PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAMES MOORE & CO PLBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15931 NW 1ST PLACEAddressLine1Txt
CityGAINESVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP326072063ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN580622514EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA TECH ATHLETIC ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone4048945400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 BOBBY DODD WAY NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303320455ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKELLY FOXPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4048945400PhoneNum
Signature2022-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKELLYPersonFirstNm
Person LastFOXPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEN KURDZIELPreparerPersonNm
PTINP00060407PTIN
Phone3523781331PhoneNum
Preparation2022-05-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKELLY FOXPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 BOBBY DODD WAY NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303320455ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$79,492,257GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RAMBLINWRECK.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1934FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTHE GEORGIA TECH ATHLETIC ASSOCIATION FORMS THE FRONT PORCH OF THE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE) AND SERVES AS A GATHERING PLACE FOR STUDENTS, ALUMNI, FANS AND FRIENDS. WE PROVIDE OUR STUDENT-ATHLETES WITH THE OPPORTUNITY FOR ACADEMIC AND ATHLETIC SUCCESS AND PERSONAL GROWTH. WE PROMOTE DIVERSITY AND EQUITY. THE INTEGRITY OF OUR MISSION IS ENHANCED BY OUR COMMITMENT TO ADHERENCE TO THE RULES OF THE INSTITUTE, THE ATLANTIC COAST CONFERENCE AND THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION. THIS ENVIRONMENT WE CREATE ALLOWS OUR STUDENT-ATHLETES TO COMPETE AT THE HIGHEST LEVELS, AND CREATES ENJOYMENT FOR OUR SUPPORTERS. WE EMBRACE OUR PROUD TRADITIONS AND STRIVE TO ENHANCE THE FUTURE OPPORTUNITIES FOR OUR STUDENT-ATHLETES, COACHES, AND STAFF.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$1,888,426TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$26,859,627PYContributionsGrantsAmt
CY Contributions Grants$19,497,573CYContributionsGrantsAmt
PY Program Service Revenue$63,305,129PYProgramServiceRevenueAmt
CY Program Service Revenue$58,805,624CYProgramServiceRevenueAmt
PY Investment Income$622,051PYInvestmentIncomeAmt
CY Investment Income$628,015CYInvestmentIncomeAmt
PY Other Revenue$483,653PYOtherRevenueAmt
CY Other Revenue$561,045CYOtherRevenueAmt
PY Total Revenue$91,270,460PYTotalRevenueAmt
CY Total Revenue$79,492,257CYTotalRevenueAmt
PY Grants And Similar Paid$12,213,184PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$11,727,853CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$33,553,306PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$29,440,104CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,253,093CYTotalFundraisingExpenseAmt
PY Other Expenses$57,504,115PYOtherExpensesAmt
CY Other Expenses$47,402,120CYOtherExpensesAmt
PY Total Expenses$103,270,605PYTotalExpensesAmt
CY Total Expenses$88,570,077CYTotalExpensesAmt
PY Revenues Less Expenses-$12,000,145PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$9,077,820CYRevenuesLessExpensesAmt
Total Assets BOY$467,767,355TotalAssetsBOYAmt
Total Assets EOY$397,031,896TotalAssetsEOYAmt
Total Liabilities BOY$406,529,494TotalLiabilitiesBOYAmt
Total Liabilities EOY$301,587,720TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$61,237,861NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$95,444,176NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PRIMARY PURPOSE OF THE ASSOCIATION IS TO PROMOTE THE EDUCATIONAL PROGRAMS OF GEORGIA TECH THROUGH STUDENT BODY PARTICIPATION IN "HEALTHFUL EXERCISES, RECREATIONS, ATHLETIC GAMES AND CONTESTS". THE ASSOCIATION "DEVELOPS THE YOUNG PEOPLE WHO WILL CHANGE THE WORLD". ITS MISSION IS TO "INSPIRE AND EMPOWER STUDENT-ATHLETES TO BE CHAMPIONS IN ACADEMICS, COMPETITION, AND LIFE" WHILE EMPHASIZING FOUR CORE VALUES EXCELLENCE, INNOVATION, TEAMWORK, AND CHARACTER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$36,371,020ExpenseAmt
Revenue$12,974,140RevenueAmt
DescSPORT SPECIFIC ATHLETIC ACTIVITIESDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$34,854,418ExpenseAmt
Revenue$43,943,058RevenueAmt
DescDIRECT SUPPORT ACTIVITIES FOR ATHLETIC PROGRAMS INCLUDING FACILITIES MAINTENANCE AND ENHANCEMENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$11,727,853ExpenseAmt
Grant$11,727,853GrantAmt
DescGRANTS / SCHOLARSHIPS. 463 SCHOLARSHIPS WERE GIVEN DURING THE CURRENT YEAR.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$82,953,291TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document208IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRAD STRICKLINPersonNm
Phone4048949684PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 BOBBY DODD WAY NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303320455ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
PAUL SHAILENDRA
ALUMNI1.00Yes (X)$0$0$0
ANGEL CABRERA
PRESIDENT1.00Yes (X)$0$675,029$42,81440.00Yes (X)
MITCHELL WALKER
SECRETARY1.00Yes (X)$0$205,602$35,47840.00Yes (X)
LEA HARRIS
STUDENT1.00Yes (X)$0$0$0
HUGH CHAPMAN
STUDENT1.00Yes (X)$0$0$0
BRIELLE LONSBERRY
STUDENT1.00Yes (X)$0$0$040.00
KELLY FOX
TREASURER1.00Yes (X)$0$447,400$42,19040.00Yes (X)
JONATHAN CLARKE
TRUSTEE1.00Yes (X)$0$421,353$43,56440.00
MINDY MILLARD-STAFFORD
TRUSTEE1.00Yes (X)$0$157,350$20,67640.00
NISHA BOTCHWEY
TRUSTEE1.00Yes (X)$0$158,183$51,18740.00
KATHY BETTY
ALUMNI1.00Yes (X)$0$0$0
MARY MCDONALD
TRUSTEE1.00Yes (X)$0$149,981$19,62040.00
TYLER TOWNSEND
ALUMNI1.00Yes (X)$0$0$0
WILLIE BELTON
TRUSTEE1.00Yes (X)$0$128,438$17,63040.00
DAVID RUDOLPH
ALUMNI1.00Yes (X)$0$0$0
LESLIE SHARP
TRUSTEE1.00Yes (X)$0$237,146$27,42740.00
BARATUNDE COLA
VICE CHAIR1.00Yes (X)$0$151,584$31,23640.00Yes (X)
TODD STANSBURY
DIRECTOR OF ATHLETICS40.00$2,311,618$0$37,851Yes (X)
JOSH PASTNER
HEAD BB COACH40.00$2,177,182$0$42,814Yes (X)
WILLIAM COLLINS
HEAD FB COACH40.00$3,109,975$0$44,187Yes (X)
NELL FORTNER
HEAD WB COACH40.00$730,179$0$32,096Yes (X)
DEBORAH TURNER
FORMER OFFICER0.00$0$271,463$29,97540.00Yes (X)
STEVEN SWANT
FORMER OFFICER0.00$0$110,388$040.00Yes (X)
JAMES FORTNER
FORMER OFFICER0.00$0$287,959$69,12940.00Yes (X)
MICHAEL ANDERSON
FORMER OFFICER0.00$0$117,185$39,57240.00Yes (X)
WILLIAM TODD
FORMER OFFICER0.00$0$222,317$23,00540.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,328,954TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,741,378TotReportableCompRltdOrgAmt
Total Other Compensation$650,451TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WILMER HALE
1875 PENNSYLVANIA AVENUE NWWASHINGTONDC20006LEGAL FEES$464,912
JACKSON LEWIS PC
PO BOX 416019BOSTONMA02241LEGAL FEES$276,832
PAUL JOHNSON CONSULTING INC
401 17TH STREET NW 1201ATLANTAGA30363SEVERANCE$250,000
HOMER RICE
PO BOX 422298ATLANTAGA30342FUNDRAISING- FORMER ATHLETIC DIRECTOR$120,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$19,497,573AllOtherContributionsAmt
Total Contributions$19,497,573TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
ATHLETIC ACTIVITIES711210$53,578,772$53,578,772
RADIO BROADCASTING515100$5,226,852$3,338,426$1,888,426
FieldValueIRS element (for citing)
Total Program Service Revenue$58,805,624TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$628,015TotalRevenueColumnAmt
Exclusion$628,015ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
OTHER REVENUE900099$379,211$379,211
LICENSING900099$181,834$181,834
FieldValueIRS element (for citing)
Other Revenue Total$561,045OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,492,257TotalRevenueColumnAmt
Related Or Exempt Func Income$56,917,198RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,888,426UnrelatedBusinessRevenueAmt
Exclusion$1,189,060ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$11,727,853TotalAmt
Program Services$11,727,853ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,349,469TotalAmt
Program Services$469,893ProgramServicesAmt
Management And General$1,409,682ManagementAndGeneralAmt
Fundraising$469,894FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$21,393,024TotalAmt
Program Services$20,283,451ProgramServicesAmt
Management And General$970,938ManagementAndGeneralAmt
Fundraising$138,635FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,697,611TotalAmt
Program Services$5,370,578ProgramServicesAmt
Management And General$282,254ManagementAndGeneralAmt
Fundraising$44,779FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$404,851TotalAmt
Management And General$404,851ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$113,300TotalAmt
Management And General$113,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$120,000TotalAmt
Program Services$12,000ProgramServicesAmt
Fundraising$108,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$533,216TotalAmt
Program Services$213,076ProgramServicesAmt
Management And General$311,083ManagementAndGeneralAmt
Fundraising$9,057FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$328,472TotalAmt
Program Services$319,119ProgramServicesAmt
Management And General$6,637ManagementAndGeneralAmt
Fundraising$2,716FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,610,547TotalAmt
Program Services$18,432,911ProgramServicesAmt
Management And General$176,066ManagementAndGeneralAmt
Fundraising$1,570FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,204,864TotalAmt
Program Services$4,190,730ProgramServicesAmt
Management And General$14,134ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$134,783TotalAmt
Program Services$113,653ProgramServicesAmt
Management And General$19,127ManagementAndGeneralAmt
Fundraising$2,003FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$326,541TotalAmt
Program Services$326,541ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,391,955TotalAmt
Program Services$8,391,955ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$640,161TotalAmt
Management And General$640,161ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ATHLETIC ACTIVITIES$6,584,121$6,584,121
EVENTS$4,440,299$4,440,299
SUPPLIES$1,239,667$1,210,146$15,225$14,296
DEVELOPMENT$462,143$462,143

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$867,200TotalAmt
Program Services$866,965ProgramServicesAmt
Management And General$235ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$88,570,077TotalAmt
Program Services$82,953,291ProgramServicesAmt
Management And General$4,363,693ManagementAndGeneralAmt
Fundraising$1,253,093FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$234,419BOYAmt
EOY$256,466EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,519,157BOYAmt
EOY$5,400,914EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,241,199BOYAmt
EOY$11,398,428EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,142,419BOYAmt
EOY$12,633,926EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$608,729BOYAmt
EOY$1,616,257EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$269,627,235LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$110,241,134LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$163,788,935BOYAmt
EOY$159,386,101EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$241,650,781BOYAmt
EOY$174,570,771EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$502,983BOYAmt
EOY$437,180EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,078,733BOYAmt
EOY$31,331,853EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$467,767,355BOYAmt
EOY$397,031,896EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,670,650BOYAmt
EOY$5,848,816EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,935,688BOYAmt
EOY$542,091EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$183,200,000BOYAmt
EOY$66,495,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$184,380,112BOYAmt
EOY$188,986,826EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,928,407BOYAmt
EOY$1,675,403EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,414,637BOYAmt
EOY$38,039,584EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$406,529,494BOYAmt
EOY$301,587,720EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$75,996,083BOYAmt
EOY-$81,894,042EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$137,233,944BOYAmt
EOY$177,338,218EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$61,237,861BOYAmt
EOY$95,444,176EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$467,767,355BOYAmt
EOY$397,031,896EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$9,077,820ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,284,135NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,942,697CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,469,607CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,239,832CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$26,859,627CurrentTaxYearMinus1YearAmt
Current Tax Year$19,497,573CurrentTaxYearAmt
Total$92,009,336TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,942,697CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,469,607CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,239,832CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$26,859,627CurrentTaxYearMinus1YearAmt
Current Tax Year$19,497,573CurrentTaxYearAmt
Total$92,009,336TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$992,592SubstantialContributorsTotAmt
Public Support Total170$91,016,744PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$289,035CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$343,360CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$593,980CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$622,051CurrentTaxYearMinus1YearAmt
Current Tax Year$628,015CurrentTaxYearAmt
Total$2,476,441TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,386,209CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,150,582CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,303,157CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$483,653CurrentTaxYearMinus1YearAmt
Current Tax Year$561,045CurrentTaxYearAmt
Total$5,884,646TotalAmt
FieldValueIRS element (for citing)
Total Support$100,370,423TotalSupportAmt
Gross Receipts Rltd Activities$314,341,027GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90680PublicSupportCY170Pct
Public Support PY1700.88730PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$110,095,282BeginningYearBalanceAmt
Contributions$30,043,669ContributionsAmt
Investment Earnings Or Losses$43,951,662InvestmentEarningsOrLossesAmt
Other Expenditures$14,380,370OtherExpendituresAmt
Administrative Expenses$601,726AdministrativeExpensesAmt
End Year Balance$169,108,517EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$108,299,696BeginningYearBalanceAmt
Contributions$12,224,064ContributionsAmt
Investment Earnings Or Losses$1,727,936InvestmentEarningsOrLossesAmt
Other Expenditures$11,593,400OtherExpendituresAmt
Administrative Expenses$563,014AdministrativeExpensesAmt
End Year Balance$110,095,282EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$109,095,500BeginningYearBalanceAmt
Contributions$12,385,672ContributionsAmt
Investment Earnings Or Losses$7,227,946InvestmentEarningsOrLossesAmt
Other Expenditures$19,852,058OtherExpendituresAmt
Administrative Expenses$557,364AdministrativeExpensesAmt
End Year Balance$108,299,696EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$105,608,505BeginningYearBalanceAmt
Contributions$9,210,842ContributionsAmt
Investment Earnings Or Losses$10,073,021InvestmentEarningsOrLossesAmt
Other Expenditures$15,254,703OtherExpendituresAmt
Administrative Expenses$542,165AdministrativeExpensesAmt
End Year Balance$109,095,500EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$98,449,830BeginningYearBalanceAmt
Contributions$7,564,737ContributionsAmt
Investment Earnings Or Losses$12,996,545InvestmentEarningsOrLossesAmt
Other Expenditures$12,854,003OtherExpendituresAmt
Administrative Expenses$548,604AdministrativeExpensesAmt
End Year Balance$105,608,505EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00788BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.40477PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.58735TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,218,600OtherCostOrOtherBasisAmt
Book Value$9,218,600BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$254,172,740OtherCostOrOtherBasisAmt
Depreciation$106,212,468DepreciationAmt
Book Value$147,960,272BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,235,895OtherCostOrOtherBasisAmt
Depreciation$4,028,666DepreciationAmt
Book Value$2,207,229BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$159,386,101TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$209,262
CONSTRUCTION IN PROGRESS$19,424,778
DEFERRED OUTFLOWS$11,697,813
FieldValueIRS element (for citing)
Total Book Value Other Assets$31,331,853TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEPOSITS$12,855,357
DUE TO RELATED PARTIES$13,184,227
LINE OF CREDIT$12,000,000
FieldValueIRS element (for citing)
Total Liability$38,039,584TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$122,776,392TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$43,284,135NetUnrealizedGainsInvstAmt
Revenue Not Reported$43,284,135RevenueNotReportedAmt
Revenue Subtotal$79,492,257RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$79,492,257TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$88,570,077TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$88,570,077ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$88,570,077TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE EARNINGS FROM THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE PROGRAM ACTIVITIES OF THE GEORGIA TECH ATHLETIC ASSOCIATION.
PART X, LINE 2:MANAGEMENT OF THE ASSOCIATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE ASSOCIATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ASSOCIATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX, THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE ASSOCIATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeATHLETIC SCHOLARSHIPSGrantTypeTxt
Recipient463RecipientCnt
Cash Grant$11,727,853CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL ATHLETIC AID IS MONITORED THROUGH THE COMPLIANCE AND FINANCIAL AID OFFICES. AFTER FINANCIAL AID IS AWARDED, STUDENTS ARE MONITORED FOR ACADEMIC AS WELL AS NCAA COMPLIANCE BEFORE RECEIVING AWARD.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Discretionary Spending AcctYes (X)DiscretionarySpendingAcctInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
WILLIAM COLLINS
HEAD FB COACH$3,094,375$0$0$0$15,600$0$26,334$0$17,853$0$3,154,162$0$0$0
TODD STANSBURY
DIRECTOR OF ATHLETICS$2,224,218$0$25,000$0$62,400$0$26,334$0$11,517$0$2,349,469$0$0$0
JOSH PASTNER
HEAD BB COACH$1,954,898$0$100,000$0$122,284$0$26,334$0$16,480$0$2,219,996$0$0$0
NELL FORTNER
HEAD WB COACH$684,115$0$30,000$0$16,064$0$26,334$0$5,762$0$762,275$0$0$0
ANGEL CABRERA
PRESIDENT$0$675,000$0$0$0$29$0$26,334$0$16,480$0$717,843$0$0
KELLY FOX
TREASURER$0$437,500$0$0$0$9,900$0$26,334$0$15,856$0$489,590$0$0
JONATHAN CLARKE
TRUSTEE$0$336,082$0$0$0$85,271$0$26,334$0$17,230$0$464,917$0$0
JAMES FORTNER
FORMER OFFICER$0$287,959$0$0$0$0$0$51,899$0$17,230$0$357,088$0$0
DEBORAH TURNER
FORMER OFFICER$0$199,762$0$0$0$71,701$0$18,458$0$11,517$0$301,438$0$0
LESLIE SHARP
TRUSTEE$0$234,472$0$0$0$2,674$0$21,665$0$5,762$0$264,573$0$0
WILLIAM TODD
FORMER OFFICER$0$220,317$0$1,000$0$1,000$0$17,243$0$5,762$0$245,322$0$0
MITCHELL WALKER
SECRETARY$0$205,602$0$0$0$0$0$18,998$0$16,480$0$241,080$0$0
NISHA BOTCHWEY
TRUSTEE$0$158,183$0$0$0$0$0$31,760$0$19,427$0$209,370$0$0
BARATUNDE COLA
VICE CHAIR$0$151,584$0$0$0$0$0$14,006$0$17,230$0$182,820$0$0
MINDY MILLARD-STAFFORD
TRUSTEE$0$157,350$0$0$0$0$0$14,539$0$6,137$0$178,026$0$0
MARY MCDONALD
TRUSTEE$0$149,981$0$0$0$0$0$13,858$0$5,762$0$169,601$0$0
MICHAEL ANDERSON
FORMER OFFICER$0$114,887$0$0$0$2,298$0$23,092$0$16,480$0$156,757$0$0
STEVEN SWANT
FORMER OFFICER$0$0$0$0$0$110,388$0$0$0$0$0$110,388$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, LINE 1AFormAndLineReferenceDesc
ExplanationPRIVATE AIRCRAFT ARE USED ONLY IN THOSE SITUATIONS WHEN ORGANIZATION'S DIRECTORS OR OFFICERS MUST MAKE FUND-RAISING TRIPS TO A LOCATION BEST ACCESSED BY SUCH PLANES OR WHEN THE SCHEDULING OF A FUNDRAISING TRIP PROHIBITS COMMERCIAL TRAVEL. TRAVEL IS PROVIDED FOR COMPANIONS OF ORGANIZATION DIRECTORS OR OFFICERS WHEN A BONA FIDE BUSINESS PURPOSE EXISTS.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DEVELOPMENT AUTHORITY OF FULTON COUNTY
A5815068782011-02-28$88,775,000TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECHYes (1)00
DEVELOPMENT AUTHORITY OF FULTON COUNTY
B5815068782012-03-01$110,112,093TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECHYes (1)00
DEVELOPMENT AUTHORITY OF FULTON COUNTY
C5815068782019-08-29$172,897,649TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECH000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndIn Reserve FundInReserveFundAmt
A$5,995,000$20,915,461$88,775,000$6,960,957$1,049,631$59,848,9512012Yes (1)0Yes (1)Yes (1)
B$30,305,000$96,726,041$110,112,093$577,292$807,991$12,000,0002013Yes (1)0Yes (1)Yes (1)
C$150,973,242$172,897,649$810,660$1,113,747$20,000,0002019Yes (1)000$5,462,252

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)000.001800.0018000Yes (1)
B0Yes (1)000.001800.0018000Yes (1)
C0Yes (1)0000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AYes (1)0000Yes (1)
BYes (1)0000Yes (1)
CYes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE COMPLETED FORM 990 WILL BE REVIEWED BY THE ORGANIZATION'S CFO, CEO AND SIGNED OFF ON BY THE TREASURER OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CEACH TRUSTEE, PRICIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. IN ADDITION, THE ASSOCIATION FOLLOWS THE GUIDELINES OUTLINED IN THEIR CONFLICT OF INTEREST POLICY WITH REGARDS TO MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS DECIDED BY THE GEORGIA INSTITUTE OF TECHNOLOGY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990 PART XI, LINE 2C:THE PROCESS FOR THE SELECTION AND RETENTION OF THE INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtAddress Line1ForeignAddress/AddressLine1TxtProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
GEORGIA INSTITUTE OF TECHNOLOGY
225 NORTH AVENUE NWATLANTAGA30332586002023EDUCATIONGA115N/A0
GEORGIA TECH RESEARCH CORPORATION
926 DALNEY STREETATLANTAGA30332580603146SPONSORED RESEARCHGA501(C)(3)0LINE 12C, III-FIGEORGIA INSTITUTE OF TECHNOLOGY
GEORGIA TECH APPLIED RESEARCH CORPORATION
926 DALNEY STREETATLANTAGA30332582374837SPONSORED RESEARCHGA501(C)(3)0LINE 12C, III-FIGEORGIA INSTITUTE OF TECHNOLOGY
GEORGIA ADVANCED TECHNOLOGY VENTURES INC
225 NORTH AVENUE NWATLANTAGA30332582538285ECONOMIC DEVELOPMENTGA501(C)(3)0LINE 12A, IGEORGIA INSTITUTE OF TECHNOLOGY
GEORGIA TECH FACILITIES INC
225 NORTH AVENUE NWATLANTAGA30332521442293CONSTRUCTIONGA501(C)(3)0LINE 5GEORGIA INSTITUTE OF TECHNOLOGY
GEORGIA TECH GLOBAL INC
225 NORTH AVENUE NWATLANTAGA30332271010747SUPPORT EDUCATIONGA501(C)(3)0LINE 12A, IGEORGIA INSTITUTE OF TECHNOLOGY
HOME PARK LEARNING CENTER INC
500 TECH PARKWAYATLANTAGA30332582644893CHILD CAREGA501(C)(3)0LINE 12A, IGEORGIA INSTITUTE OF TECHNOLOGY
SOUTHERN LIGHT RAIL INC
225 NORTH AVENUE NWATLANTAGA30332300240711COMMUNCATION SERVICESGA501(C)(3)0LINE 7GEORGIA INSTITUTE OF TECHNOLOGY
GEORGIA TECH PANAMA FOUNDATION
GLOBAL SUPPORT501(C)(3)0GEORGIA TECH GLOBAL INCMOSSFON BLDTG 2ND FLOOR EAST 54THPANAMA CITYPMPM
GLOBAL CENTER FOR MEDICAL INNOVATION INC
575 14TH STREET NWATLANTAGA30318264723391MEDICAL DEVICE SUPPORTGA501(C)(3)0LINE 7GEORGIA INSTITUTE OF TECHNOLOGY
SHENZHEN GEORGIA TECH FDN FOR EDUCATION
GLOBAL SUPPORT501(C)(3)0GEORGIA INSTITUTE OF TECHNOLOGYROOM 706 TOWER A SCC FIRST HAIDESHENZHENCHCH
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GEORGIA INSTITUTE OF TECHNOLOGY
P$8,443,496CASH PAID
GEORGIA INSTITUTE OF TECHNOLOGY
Q$5,368,400CASH RECEIVED

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