2022-05-16T08:51:19-05:00 2021-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2020-07-01 580622514 GEORGIA TECH ATHLETIC ASSOCIATION GEOR 4048945400 150 BOBBY DODD WAY NW ATLANTA GA 303320455 KELLY FOX TREASURER 4048945400 2022-05-13 1 KELLY FOX 999009999 KEN KURDZIEL P00060407 3523781331 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KELLY FOX 150 BOBBY DODD WAY NW ATLANTA GA 303320455 79492257 0 X WWW.RAMBLINWRECK.COM X 1934 GA THE 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. 17 7 2 3 1888426 0 26859627 19497573 63305129 58805624 622051 628015 483653 561045 91270460 79492257 12213184 11727853 0 0 33553306 29440104 0 0 1253093 57504115 47402120 103270605 88570077 -12000145 -9077820 467767355 397031896 406529494 301587720 61237861 95444176 X THE 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. 0 0 36371020 12974140 SPORT SPECIFIC ATHLETIC ACTIVITIES 34854418 43943058 DIRECT SUPPORT ACTIVITIES FOR ATHLETIC PROGRAMS INCLUDING FACILITIES MAINTENANCE AND ENHANCEMENTS. 11727853 11727853 GRANTS / SCHOLARSHIPS. 463 SCHOLARSHIPS WERE GIVEN DURING THE CURRENT YEAR. 82953291 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 208 0 1 2 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 GA X BRAD STRICKLIN 4048949684 150 BOBBY DODD WAY NW ATLANTA GA 303320455 PAUL SHAILENDRA ALUMNI 1.00 X 0 0 0 ANGEL CABRERA PRESIDENT 1.00 40.00 X X 0 675029 42814 MITCHELL WALKER SECRETARY 1.00 40.00 X X 0 205602 35478 LEA HARRIS STUDENT 1.00 X 0 0 0 HUGH CHAPMAN STUDENT 1.00 X 0 0 0 BRIELLE LONSBERRY STUDENT 1.00 40.00 X 0 0 0 KELLY FOX TREASURER 1.00 40.00 X X 0 447400 42190 JONATHAN CLARKE TRUSTEE 1.00 40.00 X 0 421353 43564 MINDY MILLARD-STAFFORD TRUSTEE 1.00 40.00 X 0 157350 20676 NISHA BOTCHWEY TRUSTEE 1.00 40.00 X 0 158183 51187 KATHY BETTY ALUMNI 1.00 X 0 0 0 MARY MCDONALD TRUSTEE 1.00 40.00 X 0 149981 19620 TYLER TOWNSEND ALUMNI 1.00 X 0 0 0 WILLIE BELTON TRUSTEE 1.00 40.00 X 0 128438 17630 DAVID RUDOLPH ALUMNI 1.00 X 0 0 0 LESLIE SHARP TRUSTEE 1.00 40.00 X 0 237146 27427 BARATUNDE COLA VICE CHAIR 1.00 40.00 X X 0 151584 31236 TODD STANSBURY DIRECTOR OF ATHLETICS 40.00 X 2311618 0 37851 JOSH PASTNER HEAD BB COACH 40.00 X 2177182 0 42814 WILLIAM COLLINS HEAD FB COACH 40.00 X 3109975 0 44187 NELL FORTNER HEAD WB COACH 40.00 X 730179 0 32096 DEBORAH TURNER FORMER OFFICER 0.00 40.00 X 0 271463 29975 STEVEN SWANT FORMER OFFICER 0.00 40.00 X 0 110388 0 JAMES FORTNER FORMER OFFICER 0.00 40.00 X 0 287959 69129 MICHAEL ANDERSON FORMER OFFICER 0.00 40.00 X 0 117185 39572 WILLIAM TODD FORMER OFFICER 0.00 40.00 X 0 222317 23005 8328954 3741378 650451 4 1 1 0 WILMER HALE 1875 PENNSYLVANIA AVENUE NW WASHINGTON DC 20006 LEGAL FEES 464912 JACKSON LEWIS PC PO BOX 416019 BOSTON MA 02241 LEGAL FEES 276832 PAUL JOHNSON CONSULTING INC 401 17TH STREET NW 1201 ATLANTA GA 30363 SEVERANCE 250000 HOMER RICE PO BOX 422298 ATLANTA GA 30342 FUNDRAISING- FORMER ATHLETIC DIRECTOR 120000 4 19497573 19497573 ATHLETIC ACTIVITIES 711210 53578772 53578772 RADIO BROADCASTING 515100 5226852 3338426 1888426 58805624 628015 628015 OTHER REVENUE 900099 379211 379211 LICENSING 900099 181834 181834 561045 79492257 56917198 1888426 1189060 11727853 11727853 2349469 469893 1409682 469894 21393024 20283451 970938 138635 5697611 5370578 282254 44779 404851 404851 113300 113300 120000 12000 108000 533216 213076 311083 9057 328472 319119 6637 2716 18610547 18432911 176066 1570 4204864 4190730 14134 134783 113653 19127 2003 326541 326541 8391955 8391955 640161 640161 ATHLETIC ACTIVITIES 6584121 6584121 EVENTS 4440299 4440299 SUPPLIES 1239667 1210146 15225 14296 DEVELOPMENT 462143 462143 867200 866965 235 88570077 82953291 4363693 1253093 234419 256466 2519157 5400914 30241199 11398428 9142419 12633926 608729 1616257 269627235 110241134 163788935 159386101 241650781 174570771 502983 437180 19078733 31331853 467767355 397031896 5670650 5848816 1935688 542091 183200000 66495000 184380112 188986826 1928407 1675403 29414637 38039584 406529494 301587720 X -75996083 -81894042 137233944 177338218 61237861 95444176 467767355 397031896 -9077820 43284135 0 X X 0 1 X 1 0 X 4942697 16469607 24239832 26859627 19497573 92009336 4942697 16469607 24239832 26859627 19497573 92009336 992592 91016744 289035 343360 593980 622051 628015 2476441 1386209 2150582 1303157 483653 561045 5884646 100370423 314341027 0.90680 0.88730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110095282 30043669 43951662 14380370 601726 169108517 108299696 12224064 1727936 11593400 563014 110095282 109095500 12385672 7227946 19852058 557364 108299696 105608505 9210842 10073021 15254703 542165 109095500 98449830 7564737 12996545 12854003 548604 105608505 0.00788 0.40477 0.58735 1 0 9218600 9218600 254172740 106212468 147960272 6235895 4028666 2207229 159386101 DEPOSITS 209262 CONSTRUCTION IN PROGRESS 19424778 DEFERRED OUTFLOWS 11697813 31331853 DEPOSITS 12855357 DUE TO RELATED PARTIES 13184227 LINE OF CREDIT 12000000 38039584 X 122776392 43284135 43284135 79492257 0 79492257 88570077 0 88570077 0 88570077 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. 1 ATHLETIC SCHOLARSHIPS 463 11727853 PART I, LINE 2: ALL 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. X X X X 1 1 0 0 0 0 0 0 0 0 0 WILLIAM COLLINS HEAD FB COACH 3094375 0 0 0 15600 0 26334 0 17853 0 3154162 0 0 0 TODD STANSBURY DIRECTOR OF ATHLETICS 2224218 0 25000 0 62400 0 26334 0 11517 0 2349469 0 0 0 JOSH PASTNER HEAD BB COACH 1954898 0 100000 0 122284 0 26334 0 16480 0 2219996 0 0 0 NELL FORTNER HEAD WB COACH 684115 0 30000 0 16064 0 26334 0 5762 0 762275 0 0 0 ANGEL CABRERA PRESIDENT 0 675000 0 0 0 29 0 26334 0 16480 0 717843 0 0 KELLY FOX TREASURER 0 437500 0 0 0 9900 0 26334 0 15856 0 489590 0 0 JONATHAN CLARKE TRUSTEE 0 336082 0 0 0 85271 0 26334 0 17230 0 464917 0 0 JAMES FORTNER FORMER OFFICER 0 287959 0 0 0 0 0 51899 0 17230 0 357088 0 0 DEBORAH TURNER FORMER OFFICER 0 199762 0 0 0 71701 0 18458 0 11517 0 301438 0 0 LESLIE SHARP TRUSTEE 0 234472 0 0 0 2674 0 21665 0 5762 0 264573 0 0 WILLIAM TODD FORMER OFFICER 0 220317 0 1000 0 1000 0 17243 0 5762 0 245322 0 0 MITCHELL WALKER SECRETARY 0 205602 0 0 0 0 0 18998 0 16480 0 241080 0 0 NISHA BOTCHWEY TRUSTEE 0 158183 0 0 0 0 0 31760 0 19427 0 209370 0 0 BARATUNDE COLA VICE CHAIR 0 151584 0 0 0 0 0 14006 0 17230 0 182820 0 0 MINDY MILLARD-STAFFORD TRUSTEE 0 157350 0 0 0 0 0 14539 0 6137 0 178026 0 0 MARY MCDONALD TRUSTEE 0 149981 0 0 0 0 0 13858 0 5762 0 169601 0 0 MICHAEL ANDERSON FORMER OFFICER 0 114887 0 0 0 2298 0 23092 0 16480 0 156757 0 0 STEVEN SWANT FORMER OFFICER 0 0 0 0 0 110388 0 0 0 0 0 110388 0 0 SCHEDULE J, LINE 1A PRIVATE 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. A DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 2011-02-28 88775000 TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECH 1 0 0 B DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 2012-03-01 110112093 TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECH 1 0 0 C DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 2019-08-29 172897649 TO FINANCE/REFINANCE ALL OR A PORTION OF VARIOUS PROJECTS AT GEORGIA TECH 0 0 0 A 5995000 20915461 88775000 6960957 1049631 59848951 2012 1 0 1 1 B 30305000 96726041 110112093 577292 807991 12000000 2013 1 0 1 1 C 150973242 172897649 5462252 810660 1113747 20000000 2019 1 0 0 0 A 0 1 0 0 0.00180 0.00180 0 0 1 B 0 1 0 0 0.00180 0.00180 0 0 1 C 0 1 0 0 0 0 1 A 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 A 1 B 1 C 1 FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C EACH 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 15 COMPENSATION IS DECIDED BY THE GEORGIA INSTITUTE OF TECHNOLOGY. FORM 990, PART VI, SECTION C, LINE 19 THE 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. GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE NW ATLANTA GA 30332 586002023 EDUCATION GA 115 N/A 0 GEORGIA TECH RESEARCH CORPORATION 926 DALNEY STREET ATLANTA GA 30332 580603146 SPONSORED RESEARCH GA 501(C)(3) LINE 12C, III-FI GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA TECH APPLIED RESEARCH CORPORATION 926 DALNEY STREET ATLANTA GA 30332 582374837 SPONSORED RESEARCH GA 501(C)(3) LINE 12C, III-FI GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA ADVANCED TECHNOLOGY VENTURES INC 225 NORTH AVENUE NW ATLANTA GA 30332 582538285 ECONOMIC DEVELOPMENT GA 501(C)(3) LINE 12A, I GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA TECH FACILITIES INC 225 NORTH AVENUE NW ATLANTA GA 30332 521442293 CONSTRUCTION GA 501(C)(3) LINE 5 GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA TECH GLOBAL INC 225 NORTH AVENUE NW ATLANTA GA 30332 271010747 SUPPORT EDUCATION GA 501(C)(3) LINE 12A, I GEORGIA INSTITUTE OF TECHNOLOGY 0 HOME PARK LEARNING CENTER INC 500 TECH PARKWAY ATLANTA GA 30332 582644893 CHILD CARE GA 501(C)(3) LINE 12A, I GEORGIA INSTITUTE OF TECHNOLOGY 0 SOUTHERN LIGHT RAIL INC 225 NORTH AVENUE NW ATLANTA GA 30332 300240711 COMMUNCATION SERVICES GA 501(C)(3) LINE 7 GEORGIA INSTITUTE OF TECHNOLOGY 0 GEORGIA TECH PANAMA FOUNDATION MOSSFON BLDTG 2ND FLOOR EAST 54TH PANAMA CITY PM GLOBAL SUPPORT PM 501(C)(3) GEORGIA TECH GLOBAL INC 0 GLOBAL CENTER FOR MEDICAL INNOVATION INC 575 14TH STREET NW ATLANTA GA 30318 264723391 MEDICAL DEVICE SUPPORT GA 501(C)(3) LINE 7 GEORGIA INSTITUTE OF TECHNOLOGY 0 SHENZHEN GEORGIA TECH FDN FOR EDUCATION ROOM 706 TOWER A SCC FIRST HAIDE SHENZHEN CH GLOBAL SUPPORT CH 501(C)(3) GEORGIA INSTITUTE OF TECHNOLOGY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 GEORGIA INSTITUTE OF TECHNOLOGY P 8443496 CASH PAID GEORGIA INSTITUTE OF TECHNOLOGY Q 5368400 CASH RECEIVED