ATLANTA TECHNICAL COLLEGE FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ATLANTA TECHNICAL COLLEGE FOUNDATION INC (EIN 58-2582973)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202131379349301953
Schema version
2019v5.2
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)
Return2021-05-17T09:25:26-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

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 Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN582582973EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATLANTA TECHNICAL COLLEGE FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCORPORATEDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlATLABusinessNameControlTxt
Phone4042254648PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11560 METROPOLITAN PARKWAYAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN MCDANIELPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4042254648PhoneNum
Signature2021-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEISA HOWELLPreparerPersonNm
PTINP00936721PTIN
Phone7709558600PhoneNum
Preparation2021-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM PINTOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11560 METROPOLITAN PARKWAYAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,275,478GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O FOR A COMPLETE DESCRIPTION.THE ATLANTA TECHNICAL COLLEGE FOUNDATION WAS FOUNDED IN 1999 UNDER THE LEADERSHIP OF CHAIRPERSONS JOSEPH JOHNSON AND CAROLYN YOUNG. A 501(C)(3) NON-PROFIT, THE ATLANTA TECHNICAL COLLEGE FOUNDATION'S MISSION IS TO PROVIDE SUPPORT TO ATLANTA TECHNICAL COLLEGE AND THE PROGRAMS AND ACTIVITIES CARRIED OUT BY THE COLLEGE. ITS PURPOSE IS TO ACQUIRE, RETAIN, INVEST AND ADMINISTER FUNDS EXCLUSIVELY FOR THE BENEFIT OF ATLANTA TECHNICAL COLLEGE. SINCE ITS INCEPTION, THE ATLANTA TECHNICAL COLLEGE FOUNDATION HAS FOCUSED ON THE MAJOR GOALS OF RESOURCE DEVELOPMENT, RELATIONSHIP BUILDING, AND FINANCIAL MANAGEMENT OF RESOURCES.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$316,021PYContributionsGrantsAmt
CY Contributions Grants$2,129,438CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$172,690PYInvestmentIncomeAmt
CY Investment Income$104,654CYInvestmentIncomeAmt
PY Other Revenue$106,168PYOtherRevenueAmt
CY Other Revenue$38,688CYOtherRevenueAmt
PY Total Revenue$594,879PYTotalRevenueAmt
CY Total Revenue$2,272,780CYTotalRevenueAmt
PY Grants And Similar Paid$160,382PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$378,526CYGrantsAndSimilarPaidAmt
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$29,280CYTotalFundraisingExpenseAmt
PY Other Expenses$293,948PYOtherExpensesAmt
CY Other Expenses$193,902CYOtherExpensesAmt
PY Total Expenses$454,330PYTotalExpensesAmt
CY Total Expenses$572,428CYTotalExpensesAmt
PY Revenues Less Expenses$140,549PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,700,352CYRevenuesLessExpensesAmt
Total Assets BOY$1,884,246TotalAssetsBOYAmt
Total Assets EOY$3,420,326TotalAssetsEOYAmt
Total Liabilities BOY$48,015TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,778TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,836,231NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,409,548NetAssetsOrFundBalancesEOYAmt
MissionTO SUPPORT ATLANTA TECHNICAL COLLEGE STUDENTS THROUGH TUITION SCHOLARSHIPS AND OTHER CONTRIBUTIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$492,818ExpenseAmt
Grant$378,526GrantAmt
DescTHE ACTIVITIES OF THE ATLANTA TECHNICAL COLLEGE FOUNDATION PROVIDED HANDS-ON TRAINING OPPORTUNITIES TO A STUDENT SIZE OF OVER 4000. NEEDS-BASED AND ACADEMIC-BASED SCHOLARSHIPS ARE GIVEN EACH QUARTER TO STUDENTS TO SUPPLEMENT EXPENSES RELATED TO THE COST OF THEIR ATTENDANCE AT ATC. THE FOUNDATION PROVIDES ATC STUDENTS WITH IMMEDIATE FUNDING TO MEET UNUSUAL AND UNEXPECTED EXPENSES BEYOND THE ORDINARY EDUCATIONAL EXPENSES MET THROUGH FINANCIAL AID. THESE TYPES OF EXPENSES (E.G. TRANSPORTATION, MEDICAL, AND CHILD CARE) OFTEN SERVE AS BARRIERS TO GRADUATION.Desc
Total Program Service Expenses$492,818TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
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 Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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 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 Line1DR JAMAR JEFFERSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4042254650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11560 METROPOLITAN PARKWAYAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30310ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JAMAR JEFFERS
EXECUTIVE DIRECTOR40.00Yes (X)$86,456$0$0
STEPHEN MCDANIEL
EXECUTIVE DIRECTOR40.00Yes (X)$44,998$0$24,793
WILLIAM BILL PINTO
CHAIR8.00Yes (X)$0$0$0Yes (X)
ROBERT PERKINS
TREASURER4.00Yes (X)$0$0$0Yes (X)
ALEXIS STEWART
SECRETARY1.00Yes (X)$0$0$0Yes (X)
VICTORIA SEALS
MEMBER1.00$0$0$0Yes (X)
CHRISTY ROBINSON
MEMBER1.00$0$0$0Yes (X)
MAURICE JENKINS JR
MEMBER1.00$0$0$0Yes (X)
CONSTANCE MACK
MEMBER1.00$0$0$0Yes (X)
KEVIN SMITH
MEMBER1.00$0$0$0Yes (X)
ERIC TANENBAUM
MEMBER1.00$0$0$0Yes (X)
MARCUS TURNER
MEMBER1.00$0$0$0Yes (X)
CHARMAINE WARD-MILLNER
MEMBER1.00$0$0$0Yes (X)
MICHAEL WATSON II
MEMBER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$131,454TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$24,793TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$20,924FundraisingAmt
All Other Contributions$2,108,514AllOtherContributionsAmt
Noncash Contributions$863NoncashContributionsAmt
Total Contributions$2,129,438TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,888TotalRevenueColumnAmt
Exclusion$27,888ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$38,260RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$38,260RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,260TotalRevenueColumnAmt
Exclusion$38,260ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$76,766SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$76,766SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$76,766TotalRevenueColumnAmt
Exclusion$76,766ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$3,126FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$20,924ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,698FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$428TotalRevenueColumnAmt
Exclusion$428ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,272,780TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$143,342ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$378,526TotalAmt
Program Services$378,526ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,591TotalAmt
Management And General$13,591ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$50,809TotalAmt
Program Services$44,991ProgramServicesAmt
Management And General$2,988ManagementAndGeneralAmt
Fundraising$2,830FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,803TotalAmt
Program Services$6,906ProgramServicesAmt
Fundraising$6,897FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,631TotalAmt
Program Services$715ProgramServicesAmt
Management And General$12,734ManagementAndGeneralAmt
Fundraising$182FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,109TotalAmt
Program Services$3,577ProgramServicesAmt
Management And General$1,021ManagementAndGeneralAmt
Fundraising$511FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,798TotalAmt
Program Services$6,167ProgramServicesAmt
Management And General$2,631ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$39,833TotalAmt
Program Services$17,171ProgramServicesAmt
Management And General$3,802ManagementAndGeneralAmt
Fundraising$18,860FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$56TotalAmt
Program Services$27ProgramServicesAmt
Management And General$29ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,416TotalAmt
Program Services$10,268ProgramServicesAmt
Management And General$3,148ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,212TotalAmt
Management And General$2,212ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES, FEES, AND SUBSCRIDesc
Total$32,644TotalAmt
Program Services$24,470ProgramServicesAmt
Management And General$8,174ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$572,428TotalAmt
Program Services$492,818ProgramServicesAmt
Management And General$50,330ManagementAndGeneralAmt
Fundraising$29,280FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$705,884BOYAmt
EOY$1,028,015EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,750BOYAmt
EOY$14,805EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,400BOYAmt
EOY$2,514EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$329,840LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$68,211LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$275,045BOYAmt
EOY$261,629EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$886,167BOYAmt
EOY$2,113,363EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,884,246BOYAmt
EOY$3,420,326EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,015BOYAmt
EOY$10,778EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,015BOYAmt
EOY$10,778EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$859,681BOYAmt
EOY$1,243,414EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$976,550BOYAmt
EOY$2,166,134EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,836,231BOYAmt
EOY$3,409,548EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,884,246BOYAmt
EOY$3,420,326EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,700,352ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$127,035NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
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$522,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$529,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$375,819CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$316,021CurrentTaxYearMinus1YearAmt
Current Tax Year$2,129,438CurrentTaxYearAmt
Total$3,872,932TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$522,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$529,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$375,819CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$316,021CurrentTaxYearMinus1YearAmt
Current Tax Year$2,129,438CurrentTaxYearAmt
Total$3,872,932TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$271,412SubstantialContributorsTotAmt
Public Support Total170$3,601,520PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,017CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$189,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$193,547CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,281CurrentTaxYearMinus1YearAmt
Current Tax Year$27,888CurrentTaxYearAmt
Total$548,211TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,556CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$6,032CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70CurrentTaxYearMinus1YearAmt
Total$13,658TotalAmt
FieldValueIRS element (for citing)
Total Support$4,434,801TotalSupportAmt
Gross Receipts Rltd Activities$3,520GrossReceiptsRltdActivitiesAmt
Public Support CY1700.81210PublicSupportCY170Pct
Public Support PY1700.71150PublicSupportPY170Pct
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$844,921BeginningYearBalanceAmt
Contributions$1,250,000ContributionsAmt
Investment Earnings Or Losses-$22,803InvestmentEarningsOrLossesAmt
End Year Balance$2,072,118EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$683,992BeginningYearBalanceAmt
Contributions$125,000ContributionsAmt
Investment Earnings Or Losses$49,929InvestmentEarningsOrLossesAmt
Other Expenditures$14,000OtherExpendituresAmt
End Year Balance$844,921EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$659,115BeginningYearBalanceAmt
Investment Earnings Or Losses$50,877InvestmentEarningsOrLossesAmt
Other Expenditures$26,000OtherExpendituresAmt
End Year Balance$683,992EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$416,396BeginningYearBalanceAmt
Investment Earnings Or Losses$53,918InvestmentEarningsOrLossesAmt
Grants Or Scholarships$200,000GrantsOrScholarshipsAmt
Other Expenditures$11,199OtherExpendituresAmt
End Year Balance$659,115EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$416,089BeginningYearBalanceAmt
Investment Earnings Or Losses$2,030InvestmentEarningsOrLossesAmt
Other Expenditures$1,723OtherExpendituresAmt
End Year Balance$416,396EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.96000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.04000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$166,584OtherCostOrOtherBasisAmt
Book Value$166,584BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$132,831OtherCostOrOtherBasisAmt
Depreciation$48,760DepreciationAmt
Book Value$84,071BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,724OtherCostOrOtherBasisAmt
Depreciation$15,732DepreciationAmt
Book Value$7,992BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,701OtherCostOrOtherBasisAmt
Depreciation$3,719DepreciationAmt
Book Value$2,982BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$261,629TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,400,712TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$127,035NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$252,269DonatedServicesAndUseFcltsAmt
Other Revenue$2,698OtherRevenueAmt
Revenue Not Reported$127,932RevenueNotReportedAmt
Revenue Subtotal$2,272,780RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,272,780TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$827,395TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$252,269DonatedServicesUseFcltsAmt
Other Expenses Included$2,698OtherExpensesIncludedAmt
Expenses Not Reported$254,967ExpensesNotReportedAmt
Expenses Subtotal$572,428ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$572,428TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:AS OF JUNE 30, 2020, THE FOUNDATION'S ENDOWMENT CONSISTED OF FOUR INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES.
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE U.S. INTERNAL REVENUE CODE. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS THAT PROVIDE GUIDANCE ON WHEN UNCERTAIN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. NO LIABILITY HAS BEEN RECORDED AS OF JUNE 30, 2020 AND 2019 DUE TO UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RECLASS FUNDRAISING EXPENSE 2,698.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RECLASS FUNDRAISER EXPENSE 2,698.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BRIDGE BUILDERS EVENTEvent1Nm
Gross Receipts Event1$24,050GrossReceiptsEvent1Amt
Charitable Contri Event1$20,924CharitableContriEvent1Amt
Gross Revenue Event1$3,126GrossRevenueEvent1Amt
Other Direct Expenses Event1$2,698OtherDirectExpensesEvent1Amt
Gross Receipts Total$24,050GrossReceiptsTotalAmt
Charitable Contributions Tot$20,924CharitableContributionsTotAmt
Gross Revenue Total Events$3,126GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$2,698OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$2,698DirectExpenseSummaryEventsAmt
Net Income Summary$428NetIncomeSummaryAmt

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 TypeSCHOLARSHIPS & EDUCATIONAL ASSISTANCEGrantTypeTxt
Cash Grant$378,526CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MONITORS THE LIST OF QUALIFIED STUDENTS TO MAKE SURE THEY MEET THE REQUIREMENTS SET FOR ANY QUALIFYING STUDENT.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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990 PART VII OFFICER COMPENSATIONFormAndLineReferenceDesc
ExplanationTHE EXECUTIVE DIRECTOR IS COMPENSATED BY AN UNRELATED ENTITY, THE ATLANTA TECHNICAL COLLEGE, FOR SERVICES PROVIDED TO THE FOUNDATION. STEPHEN MCDANIEL IS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AS OF JULY 15, 2019. PRIOR TO THIS, JAMAR JEFFERS FULFILLED THE POSITION. 2019 COMPENSATION IS AS FOLLOWS: JAMAR JEFFERS $86,456 STEPHEN MCDANIEL $69,791ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS MUST DISCLOSE CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990 PART XII LINE 2CTHE ORGANIZATION PUTS OUT A REQUEST FOR PROPOSALS FOR AUDITING SERVICES AND MAKES A SELECTION OF A FIRM. THE OVERSIGHT PROCESS HAS NOT CHANGED.
FORM 990 PAGE 1 LINE 5THE ACCOUNTING AND ADVISORY SERVICES ARE PROVIDED TO THE FOUNDATION BY EMPLOYEES OF THE ATLANTA TECHNICAL COLLEGE, AN UNRELATED PARTY. THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES.
FORM 990 PART I LINE 5 AND PART V LINE 2A AND 2BTHE ATLANTA TECHNICAL COLLEGE FOUNDATION INC DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT ATLANTA TECHNICAL COLLEGE, AN UNRELATED ORGANIZATION.

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