2017-05-15T15:55:15-05:00 2016-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2015-07-01 582582973 ATLANTA TECHNICAL COLLEGE FOUNDATION INCORPORATED ATLA 4042254648 1560 METROPOLITAN PARKWAY ATLANTA GA 30310 HAROLD MITCHELL SR CHAIRMAN 4042254648 2017-05-09 1 ALEISA HOWELL P00936721 7709558600 2017-05-09 2015 2021-01-29 14:40:06Z HAROLD MITCHELL SR 1560 METROPOLITAN PARKWAY ATLANTA GA 30310 731235 0 X N/A X 2000 GA SEE 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. 16 16 0 16 0 0 783850 552098 0 0 23010 18062 74160 73453 881020 643613 91777 93614 0 0 21845 74938 0 0 1543 364645 269335 478267 437887 402753 205726 2564434 2693037 1333273 1286040 1231161 1406997 TO SUPPORT ATLANTA TECHNICAL COLLEGE STUDENTS THROUGH TUITION SCHOLARSHIPS AND OTHER CONTRIBUTIONS. 0 0 179853 93614 THE ACTIVITIES OF THE ATLANTA TECHNICAL COLLEGE FOUNDATION PROVIDED HANDS-ON TRAINING OPPORTUNITIES TO A STUDENT SIZE OF OVER 400. NEEDS-BASED AND 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. 105635 THIS PROGRAM PROVIDES STUDENT AND TEACHER EXCHANGE TO OUR SISTER SCHOOL, FELIX-FECHENBACH BERUFSKOLLEG, IN DETMOLD, GERMANY. OUR STUDENTS TRAVEL TO GERMANY AND STAY APPROXIMATELY TWO WEEKS LIVING, STUDYING, AND WORKING WITH STUDENTS FROM FELIX-FECHENBACH. LIKEWISE, STUDENTS FROM THE GERMANY CAMPUS TRAVEL TO ATLANTA FOR A SIMILAR EXPERIENCE. 285488 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X DR JAMAR JEFFERS 4042254650 1560 METROPOLITAN PARKWAY ATLANTA GA 30310 HAROLD MITCHELL SR CHAIRMAN 2.00 X X 0 0 0 ARLANE ROBINSON MEMBER 1.00 X 0 0 0 JEFF LUNDY SECRETARY 1.00 X X 0 0 0 LOUIS CULPEPPER MEMBER 1.00 X 0 0 0 JOHN DEVEER MEMBER 1.00 X 0 0 0 CHRISTINA DIXON MEMBER 1.00 X 0 0 0 SAMUEL L GUIDE III MEMBER 1.00 X 0 0 0 GRACE JACKSON MEMBER 1.00 X 0 0 0 ROGER JOHNSON MEMBER 1.00 X 0 0 0 CHESLEY MCNEIL MEMBER 1.00 X 0 0 0 ROBERT PERKINS MEMBER 1.00 X 0 0 0 WILLIAM BILL PINTO MEMBER 1.00 X 0 0 0 DR ALVETTA THOMAS MEMBER 1.00 X 0 0 0 ALLAN TANENBAUM TREASURER 1.00 X X 0 0 0 PATRICIA VARNELL MEMBER 1.00 X 0 0 0 CAROLYN YOUNG MEMBER 1.00 X 0 0 0 ELIZABETH KING EXECUTIVE DIRECTOR 40.00 X 73821 0 0 73821 0 0 0 0 0 0 0 146143 5000 400955 10902 552098 12757 12757 110260 0 110260 110260 110260 21742 16437 5305 5305 5305 23302 146143 69425 -46123 -46123 3520 1760 1760 1760 REFUNDS, REBATES, ETC. 900099 7556 7556 7556 643613 0 0 91515 93614 93614 73821 73821 900 600 300 217 184 22 11 1719 1719 49537 49537 37773 9864 27909 2290 1146 1144 2590 393 2197 2424 1818 606 23178 16243 6935 11796 11615 181 30991 15495 15496 30635 22976 7659 20651 20651 DUES, FEES, AND SUBSCRI 27143 20357 6786 BAD DEBT EXPENSE 17500 14875 2625 BANK SERVICE FEES 4669 4669 SUPPLIES 2901 2901 0 0 3538 186 3264 88 437887 285488 150856 1543 401370 607129 171000 10094 72548 3200 4746 1731953 91154 1454070 1640799 460700 414373 0 17442 2564434 2693037 25773 2971 7500 1300000 1283069 1333273 1286040 X 382236 593059 438925 403938 410000 410000 1231161 1406997 2564434 2693037 205726 -29890 0 X X 1 X 0 1 0 X 507668 399602 373853 783850 522098 2587071 507668 399602 373853 783850 522098 2587071 224940 2362131 48793 227810 1410 130834 123017 531864 7556 7556 3126491 71035 0.75550 0.75650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 416089 0 2030 -1723 419842 410005 50000 7894 51810 416089 316222 200000 27780 133997 410005 353147 32735 15180 84840 316222 0.98000 0.02000 1 0 668514 668514 1050996 87036 963960 5742 2871 2871 6701 1247 5454 1640799 X 1027322 -29890 344174 314284 713038 -69425 -69425 643613 851486 344174 69425 413599 437887 0 437887 PART V, LINE 4: AS OF JUNE 30, 2016, THE FOUNDATION'S ENDOWMENT CONSISTED OF APPROXIMATELY ONE INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE FOUNDATION HAS NO UNCERTAIN TAX LIABILITIES REPORTED IN THE AUDITED FINANCIAL STATEMENTS UNDER FIN 48(740-10). THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRES THE FOUNDATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE FOUNDATION. MANAGEMENT BELIEVES THAT THE FOUNDATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. MANAGEMENT IS NOT AWARE OF ANY CIRCUMSTANCES OR TRANSACTIONS THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASSED AGAINST REVENUE -69,425. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASSED AGAINST REVENUE 69,425. BRIDGE BUILDERS EVENT 169445 146143 23302 0 42143 0 27282 169445 146143 23302 42143 27282 69425 -46123 1 SCHOLARSHIPS 136 41902 62 SCHOLARSHIPS GIVEN TO 53 DIFFERENT RECIPIENTS FINANCIAL ASSISTANCE 4 1287 ASSISTANCE WITH HOUSING, UTILITES, ETC. EDUCATIONAL ASSISTANCE 151 45495 ASSISTANCE WITH BOOKS, EXAMS & OTHER SUPPLIES TRANSPORTATION ASSISTANCE 71 4930 TRANSPORTATION ASSISTANCE PART I, LINE 2: THE ORGANIZATION MONITORS THE LIST OF QUALIFIED STUDENTS TO MAKE SURE THEY MEET THE REQUIREMENTS SET FOR ANY QUALIFYING STUDENT. 0 0 0 0 0 0 0 0 0 FORM 990 PART VII OFFICER COMPENSATION EXECUTIVE DIRECTOR, ELIZABETH KING WAS COMPENSATED BY AN UNRELATED ENITY, THE ATLANTA TECHNICAL COLLEGE, FOR SERVICES PROVIDED TO THE FOUNDATION DURING CALENDAR 2015 AS FOLLOWS: SALARY COMPENSATION $73,821 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990 PART XII LINE 2C THE 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 5 THE ACCOUNTING AND ADVISORY SERVICES ARE PROVIDED TO THE FOUNDATION BY EMPLOYEES OF THE ATLANTA TECHNICAL COLLEGE, A RELATED PARTY. THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. FORM 990 PAGE 10, LINE 5 AND 7; AND PAGE 5, LINE 1A AND 2A. THE ORGANIZATION DID NOT ISSUE ANY 1099S OR W-2 FOR THE FILING YEAR END. RATHER THE ATLANTA TECHNICAL COLLEGE ISSUES NECESSARY FILINGS.