GEORGIA MILITARY COLLEGE FOUNDATION INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA MILITARY COLLEGE FOUNDATION INC (EIN 58-6943613)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-07
- IRS object ID
- 201843119349301944
- Schema version
- 2017v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-07T13:33:03-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 580692043 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mauldin & Jenkins LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1877 | AddressLine1Txt |
| City | Macon | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312021877 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 586943613 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Georgia Military College Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GEOR | BusinessNameControlTxt |
| Phone | 4783870230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 S Jefferson St | AddressLine1Txt |
| City | Milledgeville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31061 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark Strom | PersonNm |
| Person Title | Senior VP of Institutional Develop. | PersonTitleTxt |
| Phone | 4784452692 | PhoneNum |
| Signature | 2018-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Meredith Lipson | PreparerPersonNm |
| PTIN | P00241723 | PTIN |
| Phone | 4784648000 | PhoneNum |
| Preparation | 2018-10-31 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.192.51.169 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-01 | IPDt |
| IP Tm | 15:43:20 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6C24E34EB33292B5B624CE3B61E8BD20F6C54867 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E71B36CA285425F120291B191698F47F3DDDBE73 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Mark Strom | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 S Jefferson St | AddressLine1Txt |
| City | Milledgeville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31061 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,904,442 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | The Organization supports Georgia Military College by raising funds, improving facilities and managing endowment funds. | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,202,333 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,065,095 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $412,808 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,299,224 | CYInvestmentIncomeAmt |
| PY Other Revenue | $19,819 | PYOtherRevenueAmt |
| CY Other Revenue | $11,464 | CYOtherRevenueAmt |
| PY Total Revenue | $3,634,960 | PYTotalRevenueAmt |
| CY Total Revenue | $6,375,783 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $463,636 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $604,183 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $31,200 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $205,027 | PYOtherExpensesAmt |
| CY Other Expenses | $214,530 | CYOtherExpensesAmt |
| PY Total Expenses | $668,663 | PYTotalExpensesAmt |
| CY Total Expenses | $818,713 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,966,297 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,557,070 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,719,042 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,250,837 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,664 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,489 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,703,378 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,228,348 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Organization supports Georgia Military College by raising funds, improving facilities and managing endowment funds. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $604,183 | ExpenseAmt |
| Grant | $604,183 | GrantAmt |
| Revenue | $2,342 | RevenueAmt |
| Desc | The Organization supports Georgia Military College by raising funds, improving facilities and managing endowment funds. | Desc |
| Total Program Service Expenses | $604,183 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4783870230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 S Jefferson St | AddressLine1Txt |
| City | Milledgeville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31061 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| Frank Baugh | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Keith Brooks | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| George Coletti | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Don Conoly | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Couch | ||||||
| Real Property Chairman | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Patsy Craig | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Duke | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Lee Echols | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| John Ferguson | ||||||
| 1st Vice Chairman | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| J Charlie Garbutt | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Martha Goodrich | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| David Grant | ||||||
| Secretary/Treasurer | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Dean Grant | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| John Grant Jr | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jeff Gray | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Inez Hawkins | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Ralph Hudgens | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Renee Johnson | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Kenny Marks | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Harold Mason | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Merritt Massey | ||||||
| Rules & Nominations Chairm | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Karye Moreau | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Max Noah | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Prosperi | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Barbara Rion | ||||||
| Development Committee | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Dudley Rowe | ||||||
| Chairman | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Terry Schubert | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Winston Sibley | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Col Charles Sikes | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| James Strom | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Larry Thompson | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Patricia Baugh Thompson | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Randy Toms | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Torino | ||||||
| 2nd Vice Chairman | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Ben Underwood | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Joseph Vallotton | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Col Fred Van Horn | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Russell Walden | ||||||
| Trustee | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Teri White | ||||||
| Finance Chair | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| William Caldwell IV | ||||||
| President of College | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mark Strom | ||||||
| Senior VP of Institutional Development | 40.00 | $0 | $124,326 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $124,326 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,065,095 | AllOtherContributionsAmt |
| Noncash Contributions | $122,998 | NoncashContributionsAmt |
| Total Contributions | $5,065,095 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $439,764 | TotalRevenueColumnAmt |
| Exclusion | $439,764 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,122 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,122 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,122 | TotalRevenueColumnAmt |
| Exclusion | $9,122 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,781,088 | SecuritiesAmt |
| Other | $607,031 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,199,351 | SecuritiesAmt |
| Other | $329,308 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $581,737 | SecuritiesAmt |
| Other | $277,723 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $859,460 | TotalRevenueColumnAmt |
| Exclusion | $859,460 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other income | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $2,342 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,342 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,342 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,375,783 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,342 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,308,346 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $604,183 | TotalAmt |
| Program Services | $604,183 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,953 | TotalAmt |
| Management And General | $6,953 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,234 | TotalAmt |
| Management And General | $14,234 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,124 | TotalAmt |
| Management And General | $83,124 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57 | TotalAmt |
| Management And General | $57 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,200 | TotalAmt |
| Fundraising | $31,200 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,619 | TotalAmt |
| Management And General | $6,619 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,048 | TotalAmt |
| Management And General | $9,048 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| Software | $30,778 | $30,778 |
| Donations | $13,730 | $13,730 |
| Property tax | $13,527 | $13,527 |
| Miscellaneous | $4,247 | $4,247 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,013 | TotalAmt |
| Management And General | $1,013 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $818,713 | TotalAmt |
| Program Services | $604,183 | ProgramServicesAmt |
| Management And General | $183,330 | ManagementAndGeneralAmt |
| Fundraising | $31,200 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $530,787 | BOYAmt |
| EOY | $1,085,012 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,953,874 | BOYAmt |
| EOY | $21,153,914 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,217 | BOYAmt |
| EOY | $88,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $831,996 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,336 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,113,185 | BOYAmt |
| EOY | $813,660 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,979 | BOYAmt |
| EOY | $109,636 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,719,042 | BOYAmt |
| EOY | $23,250,837 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,664 | BOYAmt |
| EOY | $22,489 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,664 | BOYAmt |
| EOY | $22,489 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,062,089 | BOYAmt |
| EOY | $4,538,944 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,565,037 | BOYAmt |
| EOY | $7,537,585 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,076,252 | BOYAmt |
| EOY | $11,151,819 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,703,378 | BOYAmt |
| EOY | $23,228,348 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,719,042 | BOYAmt |
| EOY | $23,250,837 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,557,070 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$32,100 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $597,154 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,261,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,081,208 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,202,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,065,095 | CurrentTaxYearAmt |
| Total | $11,207,709 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $597,154 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,261,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,081,208 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,202,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,065,095 | CurrentTaxYearAmt |
| Total | $11,207,709 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,063,511 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,144,198 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $318,060 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $329,396 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $407,679 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $310,369 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $448,886 | CurrentTaxYearAmt |
| Total | $1,814,390 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $2,342 | CurrentTaxYearAmt |
| Total | $2,342 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,024,441 | TotalSupportAmt |
| Public Support CY170 | 0.77890 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73640 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,969,998 | BeginningYearBalanceAmt |
| Contributions | $5,763,551 | ContributionsAmt |
| Investment Earnings Or Losses | $989,401 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $604,183 | GrantsOrScholarshipsAmt |
| Other Expenditures | $352,631 | OtherExpendituresAmt |
| Administrative Expenses | $83,124 | AdministrativeExpensesAmt |
| End Year Balance | $21,683,012 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,901,943 | BeginningYearBalanceAmt |
| Contributions | $3,296,486 | ContributionsAmt |
| Investment Earnings Or Losses | $1,555,855 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $463,636 | GrantsOrScholarshipsAmt |
| Other Expenditures | $241,361 | OtherExpendituresAmt |
| Administrative Expenses | $79,289 | AdministrativeExpensesAmt |
| End Year Balance | $15,969,998 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,377,165 | BeginningYearBalanceAmt |
| Contributions | $1,004,010 | ContributionsAmt |
| Investment Earnings Or Losses | $80,335 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $490,638 | GrantsOrScholarshipsAmt |
| Other Expenditures | $998,243 | OtherExpendituresAmt |
| Administrative Expenses | $70,686 | AdministrativeExpensesAmt |
| End Year Balance | $11,901,943 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,210,765 | BeginningYearBalanceAmt |
| Contributions | $1,261,919 | ContributionsAmt |
| Investment Earnings Or Losses | $509,312 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $604,831 | GrantsOrScholarshipsAmt |
| End Year Balance | $12,377,165 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,274,725 | BeginningYearBalanceAmt |
| Contributions | $551,580 | ContributionsAmt |
| Investment Earnings Or Losses | $1,401,266 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $951,351 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $65,455 | AdministrativeExpensesAmt |
| End Year Balance | $11,210,765 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.13810 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.34760 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.51430 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $754,421 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $25,500 | OtherCostOrOtherBasisAmt |
| Book Value | $779,921 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,673 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,336 | DepreciationAmt |
| Book Value | $3,337 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,402 | OtherCostOrOtherBasisAmt |
| Book Value | $30,402 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $813,660 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,516,045 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$32,100 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $172,362 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $140,262 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,375,783 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,375,783 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $991,075 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $172,362 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $172,362 | ExpensesNotReportedAmt |
| Expenses Subtotal | $818,713 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $818,713 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Georgia Military College | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E Greene Street | AddressLine1Txt |
| City | Milledgeville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31061 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $481,185 | CashGrantAmt |
| Non Cash Assistance | $122,998 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | Other non-cash gifts receive | NonCashAssistanceDesc |
| Purpose Of Grant | To provide scholarships to students and to provide other educational support to the College. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Scholarships 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 M IRS990ScheduleM
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $103,268 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Various | Desc |
| Contribution | 42 | ContributionCnt |
| Noncash Contributions Rpt F990 | $19,730 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The 990 was reviewed by the Organization's management and the audit committee prior to filing. |
| Form 990, Part VI, Section B, line 12c | The Organization requires all board members to sign a conflict of interest statement. |
| Form 990, Part VI, Section C, line 19 | The governing documents, policies and procedures of the Organization and annual financial statements are available to the public upon request. |
| Form 990, Part XII, Line 2c | The process for oversight of the annual audit has not changed from the prior year. |
Comments