GEORGIA MILITARY COLLEGE FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GEORGIA MILITARY COLLEGE FOUNDATION INC (EIN 58-6943613)
Tax period
2020-07-01 to 2021-06-30
Filed
2021-11-15
IRS object ID
202113199349314521
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T13:38:01-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN580692043PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAULDIN & JENKINS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 GALLERIA PKWY SE STE 1700AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303395946ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN586943613EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA MILITARY COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone4783870230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 S JEFFERSON STAddressLine1Txt
CityMILLEDGEVILLECityNm
State AbbreviationGAStateAbbreviationCd
ZIP31061ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK STROMPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4784452692PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARKPersonFirstNm
Person LastSTROMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY JO ALEXANDERPreparerPersonNm
PTINP00002534PTIN
Phone7709558600PhoneNum
Preparation2021-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
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 OfficerMARK STROMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 S JEFFERSON STAddressLine1Txt
CityMILLEDGEVILLECityNm
State AbbreviationGAStateAbbreviationCd
ZIP31061ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,695,055GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES AND MANAGING ENDOWMENT FUNDS.ActivityOrMissionDesc
Voting Members Governing Body43VotingMembersGoverningBodyCnt
Voting Members Independent42VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers41TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,254,282PYContributionsGrantsAmt
CY Contributions Grants$7,544,250CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$370,148PYInvestmentIncomeAmt
CY Investment Income$4,957,475CYInvestmentIncomeAmt
PY Other Revenue$30,090PYOtherRevenueAmt
CY Other Revenue$55,292CYOtherRevenueAmt
PY Total Revenue$1,654,520PYTotalRevenueAmt
CY Total Revenue$12,557,017CYTotalRevenueAmt
PY Grants And Similar Paid$614,715PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,220,703CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,567CYTotalFundraisingExpenseAmt
PY Other Expenses$209,798PYOtherExpensesAmt
CY Other Expenses$226,636CYOtherExpensesAmt
PY Total Expenses$824,513PYTotalExpensesAmt
CY Total Expenses$1,447,339CYTotalExpensesAmt
PY Revenues Less Expenses$830,007PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,109,678CYRevenuesLessExpensesAmt
Total Assets BOY$29,991,414TotalAssetsBOYAmt
Total Assets EOY$42,972,299TotalAssetsEOYAmt
Total Liabilities BOY$23,454TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,922TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$29,967,960NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$42,947,377NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES AND MANAGING ENDOWMENT FUNDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,220,703ExpenseAmt
Grant$1,220,703GrantAmt
DescTHE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES, PROVIDING PROGRAM SUPPORT AND MANAGING ENDOWMENT FUNDS.Desc
Total Program Service Expenses$1,220,703TotalProgramServiceExpensesAmt
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 ArtYes (1)CollectionsOfArtInd
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 Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
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 EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
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 Members43GoverningBodyVotingMembersCnt
Independent Voting Member42IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4783870230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 S JEFFERSON STAddressLine1Txt
CityMILLEDGEVILLECityNm
State AbbreviationGAStateAbbreviationCd
ZIP31061ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK STROM
EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$133,867$0$19,886
WILLIAM B CALDWELL IV
GMC PRESIDENT1.00Yes (X)Yes (X)$0$0$0
DUDLEY ROWE
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
DAVID GRANT
1ST VICE CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
TERI WHITE
TREASURER1.00Yes (X)Yes (X)$0$0$0
BARBARA RION
DEVELOPMENT COMMITTEE CHAIR1.00Yes (X)Yes (X)$0$0$0
MERRITT MASSEY
RULES AND NOMINATIONS CHAIR1.00Yes (X)Yes (X)$0$0$0
MIKE COUCH
REAL PROPERTY CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
L J BAKER
TRUSTEE1.00Yes (X)$0$0$0
FRANK BAUGH
TRUSTEE1.00Yes (X)$0$0$0
GEORGE COLETTI
TRUSTEE1.00Yes (X)$0$0$0
PATSY CRAIG
TRUSTEE1.00Yes (X)$0$0$0
MCKENZIE DAVENPORT
TRUSTEE1.00Yes (X)$0$0$0
JEFF DAVIS
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL DUKE
TRUSTEE1.00Yes (X)$0$0$0
LEE ECHOLS
TRUSTEE1.00Yes (X)$0$0$0
JOHN FICKETT
TRUSTEE1.00Yes (X)$0$0$0
J CHARLIE GARBUTT
TRUSTEE1.00Yes (X)$0$0$0
MARTHA GOODRICH
TRUSTEE1.00Yes (X)$0$0$0
GEOFF GRANDSTAFF
TRUSTEE1.00Yes (X)$0$0$0
JEFF GRAY
TRUSTEE1.00Yes (X)$0$0$0
INEZ HAWKINS
TRUSTEE1.00Yes (X)$0$0$0
AL JACKSON
TRUSTEE1.00Yes (X)$0$0$0
JACK KRAPF
TRUSTEE1.00Yes (X)$0$0$0
DAVID LUKE
TRUSTEE1.00Yes (X)$0$0$0
JAMES LUNSFORD
TRUSTEE1.00Yes (X)$0$0$0
KENNY MARKS
TRUSTEE1.00Yes (X)$0$0$0
HAROLD MASON
TRUSTEE1.00Yes (X)$0$0$0
RICHARD MASSEY
TRUSTEE1.00Yes (X)$0$0$0
KARYE MOREAU
TRUSTEE1.00Yes (X)$0$0$0
REGINALD NEAL
TRUSTEE1.00Yes (X)$0$0$0
JIM PACE
TRUSTEE1.00Yes (X)$0$0$0
MIKE PROSPERI
TRUSTEE1.00Yes (X)$0$0$0
GUS PURSLEY
TRUSTEE1.00Yes (X)$0$0$0
TERRY SCHUBERT
TRUSTEE1.00Yes (X)$0$0$0
COL CHARLES SIKES
TRUSTEE1.00Yes (X)$0$0$0
NOLAN STEPHENS
TRUSTEE1.00Yes (X)$0$0$0
LARRY THOMPSON
TRUSTEE1.00Yes (X)$0$0$0
PATRICIA THOMPSON
TRUSTEE1.00Yes (X)$0$0$0
MIKE TORINO
TRUSTEE1.00Yes (X)$0$0$0
TOM TORRANCE
TRUSTEE1.00Yes (X)$0$0$0
BEN UNDERWOOD
TRUSTEE1.00Yes (X)$0$0$0
RUSSELL WALDEN
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$133,867TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$19,886TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$19,000GovernmentGrantsAmt
All Other Contributions$7,525,250AllOtherContributionsAmt
Noncash Contributions$11,858NoncashContributionsAmt
Total Contributions$7,544,250TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$901,039TotalRevenueColumnAmt
Exclusion$901,039ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$41,025RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$10,733RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$30,292RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,292TotalRevenueColumnAmt
Exclusion$30,292ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$13,183,741SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,127,305SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,056,436SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,056,436TotalRevenueColumnAmt
Exclusion$4,056,436ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business531390BusinessCd
Total Revenue Column$25,000TotalRevenueColumnAmt
Exclusion$25,000ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$25,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,557,017TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,012,767ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,220,703TotalAmt
Program Services$1,220,703ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,958TotalAmt
Management And General$1,958ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,438TotalAmt
Management And General$18,438ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$112,364TotalAmt
Management And General$112,364ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$855TotalAmt
Management And General$855ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$51,842TotalAmt
Management And General$51,842ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,524TotalAmt
Management And General$12,524ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,737TotalAmt
Management And General$2,737ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,567TotalAmt
Fundraising$8,567FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,010TotalAmt
Management And General$1,010ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,491TotalAmt
Management And General$10,491ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
BANK CHARGES$5,250$5,250
MISCELLANEOUS$600$600

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,447,339TotalAmt
Program Services$1,220,703ProgramServicesAmt
Management And General$218,069ManagementAndGeneralAmt
Fundraising$8,567FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,562,030BOYAmt
EOY$722,012EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,115,515BOYAmt
EOY$360,737EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$255,941BOYAmt
EOY$296,003EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$191,739LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,337LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$160,480BOYAmt
EOY$157,402EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,720,030BOYAmt
EOY$40,254,974EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,177,418BOYAmt
EOY$1,181,171EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$29,991,414BOYAmt
EOY$42,972,299EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,454BOYAmt
EOY$24,922EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,454BOYAmt
EOY$24,922EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,180,047BOYAmt
EOY$5,836,093EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,787,913BOYAmt
EOY$37,111,284EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,967,960BOYAmt
EOY$42,947,377EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,991,414BOYAmt
EOY$42,972,299EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$11,109,678ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,865,985NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$3,754OtherChangesInNetAssetsAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,202,333CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,065,095CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,651,769CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,254,282CurrentTaxYearMinus1YearAmt
Current Tax Year$7,544,250CurrentTaxYearAmt
Total$22,717,729TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$146,417CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$172,362CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$175,598CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$182,284CurrentTaxYearMinus1YearAmt
Current Tax Year$204,932CurrentTaxYearAmt
Total$881,593TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,348,750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,237,457CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,827,367CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,436,566CurrentTaxYearMinus1YearAmt
Current Tax Year$7,749,182CurrentTaxYearAmt
Total$23,599,322TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,470,908SubstantialContributorsTotAmt
Public Support Total170$20,128,414PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$310,369CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$448,886CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$482,036CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$642,070CurrentTaxYearMinus1YearAmt
Current Tax Year$942,064CurrentTaxYearAmt
Total$2,825,425TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,342CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,508CurrentTaxYearMinus2YearsAmt
Current Tax Year$25,000CurrentTaxYearAmt
Total$29,850TotalAmt
FieldValueIRS element (for citing)
Total Support$26,454,597TotalSupportAmt
Public Support CY1700.76090PublicSupportCY170Pct
Public Support PY1700.74900PublicSupportPY170Pct
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

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$271,483AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,390,705BeginningYearBalanceAmt
Contributions$8,170,886ContributionsAmt
Investment Earnings Or Losses$6,706,977InvestmentEarningsOrLossesAmt
Other Expenditures$415,308OtherExpendituresAmt
End Year Balance$39,853,260EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$27,462,118BeginningYearBalanceAmt
Contributions$512,377ContributionsAmt
Investment Earnings Or Losses-$1,715,788InvestmentEarningsOrLossesAmt
Other Expenditures$868,002OtherExpendituresAmt
End Year Balance$25,390,705EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,683,012BeginningYearBalanceAmt
Contributions$5,827,367ContributionsAmt
Investment Earnings Or Losses$1,176,910InvestmentEarningsOrLossesAmt
Other Expenditures$1,123,785OtherExpendituresAmt
Administrative Expenses$101,386AdministrativeExpensesAmt
End Year Balance$27,462,118EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,969,998BeginningYearBalanceAmt
Contributions$5,763,551ContributionsAmt
Investment Earnings Or Losses$989,401InvestmentEarningsOrLossesAmt
Grants Or Scholarships$604,183GrantsOrScholarshipsAmt
Other Expenditures$352,631OtherExpendituresAmt
Administrative Expenses$83,124AdministrativeExpensesAmt
End Year Balance$21,683,012EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,901,943BeginningYearBalanceAmt
Contributions$3,296,486ContributionsAmt
Investment Earnings Or Losses$1,555,855InvestmentEarningsOrLossesAmt
Grants Or Scholarships$463,636GrantsOrScholarshipsAmt
Other Expenditures$241,361OtherExpendituresAmt
Administrative Expenses$79,289AdministrativeExpensesAmt
End Year Balance$15,969,998EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.08920BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.53000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.38080TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$75,500OtherCostOrOtherBasisAmt
Book Value$75,500BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$94,566OtherCostOrOtherBasisAmt
Depreciation$12,734DepreciationAmt
Book Value$81,832BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,673OtherCostOrOtherBasisAmt
Depreciation$21,603DepreciationAmt
Book Value$70BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$157,402TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,530,057TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,865,985NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$204,932DonatedServicesAndUseFcltsAmt
Other Revenue$3,754OtherRevenueAmt
Revenue Not Reported$2,074,671RevenueNotReportedAmt
Revenue Subtotal$12,455,386RevenueSubtotalAmt
Investment Expenses Not Incld$112,364InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$10,733OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$101,631RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$12,557,017TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,550,640TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$204,932DonatedServicesUseFcltsAmt
Other Expenses Included$10,733OtherExpensesIncludedAmt
Expenses Not Reported$215,665ExpensesNotReportedAmt
Expenses Subtotal$1,334,975ExpensesSubtotalAmt
Investment Expenses Not Incld2$112,364InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$112,364ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,447,339TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE ORGANIZATION RETAINS HISTORICAL EDUCATIONAL ARTIFACTS FOR SHARING WITH STUDENTS THE HISTORY OF THE UNITED STATES.
PART V, LINE 4:SUPPORT GEORGIA MILITARY COLLEGE
PART X, LINE 2:IT IS THE FOUNDATION'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE FOUNDATION RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OF THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN CSV 3,754.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RENTAL EXPENSES -10,733.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 10,733.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA MILITARY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 E GREENE STREETAddressLine1Txt
CityMILLEDGEVILLECityNm
State AbbreviationGAStateAbbreviationCd
ZIP31061ZIPCd
FieldValueIRS element (for citing)
Recipient EIN580616992RecipientEIN
Cash Grant$1,208,845CashGrantAmt
Non Cash Assistance$11,858NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceGIFTS IN KINDNonCashAssistanceDesc
Purpose Of GrantTO PROVIDE SCHOLARSHIPS TO STUDENTS AND TO PROVIDE OTHER PROGRAM SUPPORT TO THE COLLEGE.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON APPLICATIONS RECEIVED AND CRITERIA FOR INDIVIDUAL SCHOLARSHIP. OTHER SUPPORT TO GEORGIA MILITARY COLLEGE IS BASED ON THE NEEDS OF THE COLLEGE, THE INTENT OF THE DONOR RESTRICTED CONTRIBUTIONS AND BOARD APPROVED FUNDINGS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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

FieldValueIRS element (for citing)
PersonMARK STROMPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$133,867BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$19,886NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$153,753TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH J AND FORM 990 PART VIIFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S MISSION IS CARRIED OUT BY TWO EMPLOYEES OF AN UNRELATED ORGANIZATION GEORGIA MILITARY COLLEGE, EIN 58-0616992. REPORTED ON PART VII IS THE COMPENSATION AND BENEFITS FOR EXECUTIVE DIRECTOR, MARK STROM, TOTALING $153,753.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 5GEORGIA MILITARY COLLEGE FOUNDATION, INC. HAS NO W-2 EMPLOYEES. COMPENSATION OF EMPLOYEES IS FROM AND REPORTED BY AN UNRELATED ORGANIZATION, GEORGIA MILITARY COLLEGE, EIN 58-0616992, FOR SERVICES RENDERED TO THE FOUNDATION. GEORGIA MILITARY COLLEGE DONATED SALARIES AND BENEFITS FOR FY21 TOTALING $204,932.
FORM 990, PART VI, SECTION A, LINE 2BOARD MEMBERS, LARRY AND PATRICIA THOMPSON, HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND ENTIRE BOARD PRIOR TO FILING. THIS IS ACCOMPLISHED ELECTRONICALLY WITH A DEADLINE SET FOR COMMENT. NO FORMAL MEETING IS HELD FOR THIS PURPOSE.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST STATEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, POLICIES AND PROCEDURES OF THE ORGANIZATION AND ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN CSV 3,754.
FORM 990, PART XII, LINE 2CTHE PROCESS FOR OVERSIGHT OF THE ANNUAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GMCF STONE MOUNTIAN FOUNDATION LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 S JEFFERSON STREETAddressLine1Txt
CityMILLEDGEVILLECityNm
State AbbreviationGAStateAbbreviationCd
ZIP31061ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesACQUIRING, OPERATING, AND MANAGING REAL PROPERTY FOR THE BENEFIT OF THE COLLPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Total Income$41,025TotalIncomeAmt
End Of Year Assets$190,741EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA MILITARY COLLEGE FOUNDATIONBusinessNameLine1Txt

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