GEORGIA TECH RESEARCH CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
GEORGIA TECH RESEARCH CORPORATION (EIN 58-0603146)
Tax period
2013-07-01 to 2014-06-30
Filed
2014-12-19
IRS object ID
201423539349300602
Schema version
2013v3.0
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)
Return2014-12-19T08:10:32-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11075 PEACHTREE STREET STE 2200AddressLine1
CityATLANTACity
StateGAState
ZIP Code303093616ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN580603146EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA TECH RESEARCH CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone4048946959PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 TENTH STREET NWAddressLine1
CityATLANTACity
StateGAState
ZIP Code303320415ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJILDA DIEHL GARTONPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone4048946959PhoneNum
Signature2014-12-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTINE W PIERCEPreparerPersonNm
PTINP00436339PTIN
Phone4042090954PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJILDA DIEHL GARTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 TENTH ST NWAddressLine1
CityATLANTACity
StateGAState
ZIP Code303320415ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$319,174,894GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GTRC.GATECH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1937FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionGEORGIA TECH RESEARCH CORPORATION ADVANCES RESEARCH AND TECHNOLOGICAL DEVELOPMENT AT GEORGIA TECH AS IT CONTINUALLY SEEKS TO ADVANCE SOCIETY AND THE GLOBAL COMPETITIVENESS OF GEORGIA AND THE NATION. GTRC SUPPORTS AND PROMOTES RESEARCH THROUGH ITS STEWARDSHIP OF THE FUNDS FOR SPONSORED RESEARCH AND FINANCIAL SUPPORT OF RESEARCH ACTIVITIES. GTRC EMBODIES GEORGIA TECH'S FOUNDING SPIRIT OF ENTREPRENEURSHIP AND FOCUS ON THE APPLICATIONS OF ENGINEERING, SCIENCE AND TECHNOLOGY TO THE CREATION OF MEANINGFUL NEW IDEAS, METHODS, AND OPPORTUNITIES. THROUGH TECHNOLOGY TRANSFER, GTRC ENABLES THE INSTITUTE TO MAINTAIN BENEFICIAL PARTNERSHIPS WITH PUBLIC AND PRIVATE SECTORS IN RESEARCH AND TECHNOLOGY TO ASSURE THE BENEFITS OF DISCOVERY ARE WIDELY DISSEMINATED.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$92,615TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$91,615NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$327,383,042PYProgramServiceRevenueAmt
CY Program Service Revenue$309,099,971CYProgramServiceRevenueAmt
PY Investment Income$201,745PYInvestmentIncomeAmt
CY Investment Income$46,780CYInvestmentIncomeAmt
PY Other Revenue$2,593,834PYOtherRevenueAmt
CY Other Revenue$2,421,101CYOtherRevenueAmt
PY Total Revenue$330,178,621PYTotalRevenueAmt
CY Total Revenue$311,567,852CYTotalRevenueAmt
PY Grants And Similar Paid$311,032,269PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$293,503,674CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,759,642PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,735,622CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$14,641,940PYOtherExpensesAmt
CY Other Expenses$11,714,107CYOtherExpensesAmt
PY Total Expenses$329,433,851PYTotalExpensesAmt
CY Total Expenses$308,953,403CYTotalExpensesAmt
PY Revenues Less Expenses$744,770PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,614,449CYRevenuesLessExpensesAmt
Total Assets BOY$98,057,491TotalAssetsBOYAmt
Total Assets EOY$100,463,033TotalAssetsEOYAmt
Total Liabilities BOY$73,510,703TotalLiabilitiesBOYAmt
Total Liabilities EOY$73,305,185TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,546,788NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,157,848NetAssetsOrFundBalancesEOYAmt
MissionTHE GEORGIA TECH RESEARCH CORPORATION (GTRC) IS ORGANIZED AND OPERATED TO SUPPORT THE RESEARCH ACTIVITIES OF THE GEORGIA INSTITUTE OF TECHNOLOGY IN THE AREAS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE, AND ECONOMIC DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$307,457,187ExpenseAmt
Grant$293,503,674GrantAmt
Revenue$309,099,971RevenueAmt
DescTHE GEORGIA INSTITUTE OF TECHNOLOGY RESEARCH ACTIVITY IS SUPPORTED BY THE GEORGIA TECH RESEARCH CORPORATION WHICH CONSISTS OF OVER 2,000 INDIVIDUAL PROJECTS FOR GOVERNMENTS, INDUSTRY, AND INDIVIDUALS. PAYMENTS AND REIMBURSEMENT OF EXPENSES AND GRANTS TO AND FOR THE BENEFIT OF THE GEORGIA INSTITUTE OF TECHNOLOGY HAVE BEEN MADE. THE GEORGIA TECH RESEARCH CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE GEORGIA INSTITUTE OF TECHNOLOGY WHICH IS A UNIT OF THE UNIVERSITY SYSTEM IN THE STATE OF GEORGIA.Desc
Total Program Service Expenses$307,457,187TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document189IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
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 Line1BARBARA ALEXANDERBusinessNameLine1
FieldValueIRS element (for citing)
Phone4048946962PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1GEORGIA INSTITUTE OF TECHNOLOGYAddressLine1
CityATLANTACity
StateGAState
ZIP Code303320415ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
RAFAEL L BRAS
TRUSTEE0.0040.00Yes (X)$0$390,037$211,260
STEPHEN E CROSS
PRESIDENT, TRUSTEE0.0040.00Yes (X)$0$336,297$185,460Yes (X)
STEVEN G SWANT
TRUSTEE0.0040.00Yes (X)$0$307,227$139,460
LESLIE SIBERT
CHAIR, TRUSTEE0.00Yes (X)$0$0$0
CHARLES CONCANNON
VICE CHAIR, TRUSTEE0.00Yes (X)$0$0$0
RONALD L BRACKEN
TRUSTEE0.00Yes (X)$0$0$0
BEN J DYER
TRUSTEE0.00Yes (X)$0$0$0
SCOTT M FRANK
TRUSTEE0.00Yes (X)$0$0$0
MARK J T SMITH
TRUSTEE0.00Yes (X)$0$0$0
J LELAND STRANGE
TRUSTEE0.00Yes (X)$0$0$0
C MEADE SUTTERFIELD
TRUSTEE0.00Yes (X)$0$0$0
JOHN J YOUNG JR
TRUSTEE0.00Yes (X)$0$0$0
GARY MAY
SECRETARY0.0040.00Yes (X)$0$327,270$84,300
BARBARA J ALEXANDER
ASST SEC. & ASST TREAS.20.0020.00$60,686$60,686$32,874Yes (X)
JAMES G FORTNER
ASST SEC. & ASST TREAS.0.0040.00$0$175,458$50,433Yes (X)
JILDA DIEHL GARTON
VICE PRESIDENT20.0020.00$125,295$125,295$62,666Yes (X)
G DUANE HUTCHISON
ASST SEC. & ASST TREAS.9.0031.00$38,530$136,605$49,006Yes (X)
PAUL HOUSTON
SECRETARY0.0040.00$0$297,713$63,806Yes (X)
ANITA MCKINNEY
ASST SECRETARY12.0028.00$23,896$55,756$23,290Yes (X)
KEVIN WOZNIAK
ASST SEC. & ASST TREAS.24.0016.00$90,479$60,319$42,845Yes (X)
ALBERT CONCORD
SECURITY OFFICER0.0040.00$0$157,770$28,402Yes (X)
NEIL BEALS
SENIOR RESEARCH ASSOCIATE40.000.00$112,952$0$29,969Yes (X)
NICHOLAS PEREZ
DIRECTOR IT & FACILITIES20.0020.00$55,092$55,092$38,102Yes (X)
TERRY STOUT
ASST DIRECTOR40.000.00$109,303$0$17,606Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$616,233TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,485,525TotReportableCompRltdOrgAmt
Total Other Compensation$1,059,479TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
GEORGIA INSTITUTE OF TECHNOLOGY
225 NORTH AVENUEATLANTAGA30332RESEARCH$305,970,930
GEORGIA TECH FOUNDATION
760 SPRING STREET NWATLANTAGA30308RESEARCH$2,353,325
GEORGIA TECH FACILITIES
225 NORTH AVE LYMAN HALL RM 325ATLANTAGA30332BUILDING IMPROVEMENTS$1,617,345
TROUTMAN SANDERS LLP
BANK OF AMERICAN PLAZA 600 PEACHTRATLANTAGA30332LEGAL - PATENT EXPENSE$1,318,357
KILPATRICK TOWNSEND & STOCKTON LLP
PO BOX D-2770ATLANTAGA30394LEGAL$738,231
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K19CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRESEARCH CONTRACTSDesc
Business541700BusinessCd
Total Revenue Column$309,099,971TotalRevenueColumnAmt
Related Or Exempt Func Income$309,099,971RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$309,099,971TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,780TotalRevenueColumnAmt
Exclusion$46,780ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,245,253TotalRevenueColumnAmt
Exclusion$2,245,253ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$7,607,042RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$7,607,042RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
PARTNERSHIP INVESTMENT523000$92,615$92,615
FEES900099$83,233$83,233
FieldValueIRS element (for citing)
Other Revenue Total$175,848OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$311,567,852TotalRevenueColumnAmt
Related Or Exempt Func Income$309,099,971RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$92,615UnrelatedBusinessRevenueAmt
Exclusion$2,375,266ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$293,503,674TotalAmt
Program Services$293,503,674ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$592,337TotalAmt
Program Services$592,337ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,143,285TotalAmt
Program Services$3,143,285ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$163,739TotalAmt
Management And General$163,739ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$168,956TotalAmt
Management And General$168,956ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$4,173,121TotalAmt
Program Services$4,173,121ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$34,551TotalAmt
Management And General$34,551ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$5,754,557TotalAmt
Program Services$5,754,557ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$290,213TotalAmt
Program Services$290,213ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$283,840TotalAmt
Management And General$283,840ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescADMINISTRATIVE AND GENEDesc
Total$845,130TotalAmt
Management And General$845,130ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$308,953,403TotalAmt
Program Services$307,457,187ProgramServicesAmt
Management And General$1,496,216ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$49,724,498BOYAmt
EOY$53,351,770EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$45,373,663BOYAmt
EOY$45,498,129EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$999,003BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$539,387BOYAmt
EOY$37,764EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,983,315LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,412,029LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,413,469BOYAmt
EOY$1,571,286EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,471BOYAmt
EOY$4,084EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$98,057,491BOYAmt
EOY$100,463,033EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$33,583,883BOYAmt
EOY$32,051,538EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$39,926,820BOYAmt
EOY$40,835,105EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$418,542EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$73,510,703BOYAmt
EOY$73,305,185EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,546,788BOYAmt
EOY$27,157,848EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,546,788BOYAmt
EOY$27,157,848EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$98,057,491BOYAmt
EOY$100,463,033EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,614,449ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,389NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA INSTITUTE OF TECHNOLOGYBusinessNameLine1
FieldValueIRS element (for citing)
EIN586002023EIN
Organization Type115(1)OrganizationTypeDesc
Governing Document ListedYes (1)GoverningDocumentListedInd
Supported Org NotifiedYes (1)SupportedOrgNotifiedInd
US OrganizedYes (1)USOrganizedInd
Support$5,754,557SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$5,754,557SupportSumAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$240,735AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$623,877OtherCostOrOtherBasisAmt
Depreciation$158,671DepreciationAmt
Book Value$465,206BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,847,553OtherCostOrOtherBasisAmt
Depreciation$2,253,358DepreciationAmt
Book Value$594,195BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$511,885OtherCostOrOtherBasisAmt
Book Value$511,885BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,571,286TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescNOTES PAYABLEDesc
Amt$418,542Amt
FieldValueIRS element (for citing)
Total Liability$418,542TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$319,171,505TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,389NetUnrealizedGainsInvstAmt
Other Revenue$7,607,042OtherRevenueAmt
Revenue Not Reported$7,603,653RevenueNotReportedAmt
Revenue Subtotal$311,567,852RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$311,567,852TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$316,560,445TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$7,607,042OtherExpensesIncludedAmt
Expenses Not Reported$7,607,042ExpensesNotReportedAmt
Expenses Subtotal$308,953,403ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$308,953,403TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:LEASE INCOME 7,607,042.
PART XII, LINE 2D - OTHER ADJUSTMENTS:LEASE EXPENSES 7,607,042.
SCHEDULE D, PART III, LINE 4PART III, LINE 4 - THE ORGANIZATION'S COLLECTION IS THE INSTITUTE OF PAPER SCIENCE TECHNOLOGY MUSEUM COLLECTION. THE MUSEUM IS OPEN TO THE PUBLIC AND SCHEDULES A VARIETY OF TOURS INCLUDING THOSE FOR ADULTS, SCHOOLS, CAMPS, AND CHILD CARE CENTERS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxt
EUROPE00PROGRAM SERVICESSPONSORED RESEARCH
CENTRAL AMERICA & CARIBBEAN00PROGRAM SERVICESSPONSORED RESEARCH
EAST ASIA & PACIFIC00PROGRAM SERVICESSPONSORED RESEARCH
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICESSPONSORED RESEARCH
NORTH AMERICA00PROGRAM SERVICESSPONSORED RESEARCH
SOUTH ASIA00PROGRAM SERVICESSPONSORED RESEARCH
RUSSIA & NEWLY INDEPENDENT STATES00PROGRAM SERVICESSPONSORED RESEARCH
SOUTH AMERICA00PROGRAM SERVICESSPONSORED RESEARCH
SUB-SAHARAN AFRICA00PROGRAM SERVICESSPONSORED RESEARCH
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSUBRECIPIENT POLICIES AND PROCEDURES A SUBAGREEMENT MAY BE REQUIRED IF PART OF THE RESEARCH EFFORT UNDER A GRANT OR CONTRACT IS TO BE PERFORMED BY AN OUTSIDE ORGANIZATION OR INSTITUTION. SUBCONTRACTS SHOULD BE SET UP AS SOON AS POSSIBLE AFTER THE RECEIPT OF AN AWARD. THE PRINCIPLE INVESTIGATOR (PI) IS REQUIRED TO OBTAIN DOCUMENTATION OF QUOTES FROM ALTERNATIVE VENDORS OR COMPLETE A SOLE SOURCE JUSTIFICATION FORM. IN ADDITION, HE/SHE IS REQUIRED TO PROVIDE INFORMATION OF THE TECHNICAL COMPETENCE OF THE SOLE SOURCE SELECTION. GEORGIA TECH IS RESPONSIBLE FOR ENSURING THAT ALL SUBRECIPIENTS OF ITS SPONSORED RESEARCH AWARDS ARE IN COMPLIANCE WITH APPLICABLE REQUIREMENTS. IN ACCORDANCE WITH OMB CIRCULAR A-133 COMPLIANCE SUPPLEMENT SECTION 3.M, GEORGIA TECH IS REQUIRED TO MONITOR ALL SUBRECIPIENTS EXPENDING $500,000 OR MORE IN FEDERAL AWARDS DURING THE SUBRECIPIENTS FISCAL YEAR WHERE PASS-THROUGH FEDERAL FUNDS PROVIDED BY GEORGIA TECH WERE EXPENDED. THESE GUIDELINES AND PROCEDURES ARE PROVIDED TO ASSIST FACULTY AND STAFF IN ENSURING THAT SUBRECIPIENTS CONDUCT THEIR PORTIONS OF RESEARCH PROJECTS IN COMPLIANCE WITH LAWS, REGULATIONS AND TERMS AND CONDITIONS OF AWARDS AND SUBAWARDS AND THAT PROJECT COSTS INCURRED BY SUBRECIPIENTS ARE REASONABLE AND ALLOWABLE. ROLES AND RESPONSIBILITIES: PRINCIPAL INVESTIGATORS (PI): PI'S HAVE PRIMARY RESPONSIBILITY FOR MONITORING SUBRECIPIENTS TO ENSURE COMPLIANCE WITH FEDERAL REGULATIONS AND BOTH PRIME AND SUBRECIPIENT AWARD TERMS AND CONDITIONS. THE FEDERAL GOVERNMENT PLACES THE PRIMARY RESPONSIBILITY FOR MANAGEMENT OF FEDERALLY FUNDED PROJECTS WITH THE PI. THIS INCLUDES: MONITORING OF SUBRECIPIENT'S TECHNICAL AND PROGRAMMATIC ACTIVITIES RELATED TO THE SUB-AWARD. REVIEW OF TECHNICAL/PERFORMANCE REPORTS AS REQUIRED. THE PI IS RESPONSIBLE FOR VERIFYING THE SUBRECIPIENT WORK IS CONDUCTED IN A TIMELY MANNER AND THAT THE RESULTS DELIVERED ARE IN LINE WITH THE PROPOSED STATEMENT OF WORK. THE PI IS RESPONSIBLE FOR REVIEWING AND APPROVING SUBRECIPIENT INVOICES. THIS INCLUDES REVIEWING EXPENDITURES TO ENSURE THE CHARGES ARE ALLOWABLE, ALLOCABLE, REASONABLE, AND THAT THE CHARGES ARE WITHIN THE PERIOD OF PERFORMANCE. THE PI IS RESPONSIBLE FOR MAINTAINING REGULAR CONTACT WITH THE SUBRECIPIENT. UNIT FINANCIAL OFFICERS (DEPARTMENTAL ADMINISTRATORS): UNIT FINANCIAL OFFICERS (UFO'S) SHOULD ASSIST PI'S IN CARRYING OUT THEIR SUBRECIPIENT MONITORING RESPONSIBILITIES. THIS INCLUDES: REVIEWING INVOICES FROM SUBRECIPIENTS TO ENSURE INVOICES ARE WITHIN THE PARAMETERS OF THE SUB-AWARD BUDGET, AND QUESTIONING EXPENDITURES IF NECESSARY. ENSURE THAT INVOICES ARE APPROVED BY THE PI OR HIS/HER DESIGNEE AND SUBMITTED TO ACCOUNTS PAYABLE IN A TIMELY BASIS. IF THERE ARE ANY UNUSUAL OR EXCESSIVE CHARGES INVOICED BY THE SUBRECIPIENT, THE DEPARTMENT SHOULD REQUEST CLARIFICATION FROM THE SUBRECIPIENT. MAINTAIN COPIES OF ALL INVOICES THAT PROVIDE EVIDENCE OF THE REGULAR REVIEW OF INVOICES BY THE PI. "EVIDENCE" CAN BE IN THE FORM OF AUTHORIZED SIGNATURE BY THE PI OR HIS/HER DESIGNEE, PI'S INITIALS, E-MAIL COMMUNICATIONS, OR NOTES OF MEETING BETWEEN THE PI WITH THE DEPARTMENT ADMINISTRATOR. MAINTAINING DOCUMENTATION OF MONITORING EFFORTS (COPIES OF E-MAIL, PHONE LOG, ETC.). OFFICE OF SPONSORED PROGRAMS (OSP): OSP IS RESPONSIBLE FOR THE OVERSIGHT OF SUBRECIPIENT MONITORING AND ENSURING THAT THE INSTITUTE'S SUBRECIPIENT MONITORING PROCEDURES ARE COMPLIANT WITH FEDERAL AND OTHER APPLICABLE REGULATIONS. THESE RESPONSIBILITIES INCLUDE: OSP IS RESPONSIBLE FOR IDENTIFYING TO THE SUBRECIPIENT THE FEDERAL AWARD INFORMATION (E.G., CFDA TITLE AND NUMBER, AWARD NAME, NAME OF FEDERAL AGENCY) AND APPLICABLE COMPLIANCE REQUIREMENTS, INCLUDING ANY APPROPRIATE FLOW-DOWN PROVISIONS FROM THE PRIME AGREEMENT. DETERMINING WHETHER NOR NOT THE SUBRECIPIENT OR IT'S PI'S ARE DEBARRED OR SUSPENDED FROM RECEIVING FEDERAL FUNDS. ON AN ANNUAL BASIS, OSP WILL REVIEW ALL ACTIVE SUB-AWARDS FOR WHICH MONITORING IS MANDATED. ACCORDINGLY, OSP REQUESTS AUDIT CERTIFICATION LETTERS FROM ALL SUBRECIPIENTS EXPENDING $500,000 OR MORE IN FEDERAL FUNDS DURING THE SUBRECIPIENT'S FISCAL YEAR. THE RETURNED CERTIFICATION LETTERS ARE REVIEWED BY THE OSP AUDIT COORDINATOR TO VERIFY THAT NO AUDIT FINDINGS RELATED TO FEDERAL FUNDS PROVIDED BY GEORGIA TECH ARE REPORTED. IF NO FINDINGS ARE INDICATED, THE OSP AUDIT COORDINATOR WILL INITIAL, DATE, AND NOTATE THAT NO FOLLOW-UP ACTION IS REQUIRED. OSP WILL INQUIRE FURTHER INTO THOSE THAT ARE DEEMED TO REQUIRE CLOSER SCRUTINY, AND TAKE APPROPRIATE ACTION. THE ABOVE LIST IS NOT EXHAUSTIVE OF ALL COMPLIANCE REQUIREMENTS. IN ADDITION TO THE GENERAL ELEMENTS OF COMPLIANCE NOTED ABOVE, THERE MAY BE ADDITIONAL SPONSOR OR PROGRAM-SPECIFIC REQUIREMENTS THAT MANDATE COLLECTING AND DOCUMENTING OTHER ASSURANCES (E.G. ON LAB ANIMALS, HUMAN SUBJECTS, BIOHAZARDS, ETC.) DURING THE COURSE OF A PROJECT. OSP WILL WORK WITH PIS AND DEPARTMENT ADMINISTRATORS TO ESTABLISH CHANNELS OF COMMUNICATION WITH SUBRECIPIENTS THAT REQUIRE FURTHER SCRUTINY.ExplanationTxt

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 INSTITUTE OF TECHNOLOGYBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1225 NORTH AVENUEAddressLine1
CityATLANTACity
StateGAState
ZIP Code303320257ZIPCode
FieldValueIRS element (for citing)
Recipient EIN586002023RecipientEIN
IRC Section115(1)IRCSectionDesc
Cash Grant$293,503,674CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantSPONSORED RESEARCHPurposeOfGrantTxt
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
ExplanationSUBRECIPIENT POLICIES AND PROCEDURES A SUBAGREEMENT MAY BE REQUIRED IF PART OF THE RESEARCH EFFORT UNDER A GRANT OR CONTRACT IS TO BE PERFORMED BY AN OUTSIDE ORGANIZATION OR INSTITUTION. SUBCONTRACTS SHOULD BE SET UP AS SOON AS POSSIBLE AFTER THE RECEIPT OF AN AWARD THE PRINCIPLE INVESTIGATOR (PI) IS REQUIRED TO OBTAIN DOCUMENTATION OF QUOTES FROM ALTERNATIVE VENDORS OR COMPLETED A SOLE SOURCE JUSTIFICATION FORM. IN ADDITION, HE/SHE IS REQUIRED TO PROVIDE INFORMATION OF THE TECHNICAL COMPETENCE OF THE SOLE SOURCE SELECTION. GEORGIA TECH IS RESPONSIBLE FOR ENSURING THAT ALL SUBRECIPIENTS OF ITS SPONSORED RESEARCH AWARDS ARE IN COMPLIANCE WITH APPLICABLE REQUIREMENTS. IN ACCORDANCE WITH OMB CIRCULAR A-133 COMPLIANCE SUPPLEMENT SECTION 3.M, GEORGIA TECH IS REQUIRED TO MONITOR ALL SUBRECIPIENTS EXPENDING $500,000 OR MORE IN FEDERAL AWARDS DURING THE SUBRECIPIENTS FISCAL YEAR WHERE PASS-THROUGH FEDERAL FUNDS PROVIDED BY GEORGIA TECH WERE EXPENDED. THESE GUIDELINES AND PROCEDURES ARE PROVIDED TO ASSIST FACULTY AND STAFF IN ENSURING THAT SUBRECIPIENTS CONDUCT THEIR PORTIONS OF RESEARCH PROJECTS IN COMPLIANCE WITH LAWS, REGULATIONS AND TERMS AND CONDITIONS OF AWARDS AND SUBAWARDS AND THAT PROJECT COSTS INCURRED BY SUBRECIPIENTS ARE REASONABLE AND ALLOWABLE. ROLES AND RESPONSIBILITIES: PRINCIPAL INVESTIGATORS (PI): PI'S HAVE PRIMARY RESPONSIBILITY FOR MONITORING SUBRECIPIENTS TO ENSURE COMPLIANCE WITH FEDERAL REGULATIONS AND BOTH PRIME AND SUBRECIPIENT AWARD TERMS AND CONDITIONS. THE FEDERAL GOVERNMENT PLACES THE PRIMARY RESPONSIBILITY FOR MANAGEMENT OF FEDERALLY FUNDED PROJECTS WITH THE PI. THIS INCLUDES: MONITORING OF SUBRECIPIENT'S TECHNICAL AND PROGRAMMATIC ACTIVITIES RELATED TO THE SUB-AWARD. REVIEW OF TECHNICAL/PERFORMANCE REPORTS AS REQUIRED. THE PI IS RESPONSIBLE FOR VERIFYING THE SUBRECIPIENT WORK IS CONDUCTED IN A TIMELY MANNER AND THAT THE RESULTS DELIVERED ARE IN LINE WITH THE PROPOSED STATEMENT OF WORK. THE PI IS RESPONSIBLE FOR REVIEWING AND APPROVING SUBRECIPIENT INVOICES. THIS INCLUDES REVIEWING EXPENDITURES TO ENSURE THE CHARGES ARE ALLOWABLE, ALLOCABLE, REASONABLE, AND THAT THE CHARGES ARE WITHIN THE PERIOD OF PERFORMANCE. THE PI IS RESPONSIBLE FOR MAINTAINING REGULAR CONTACT WITH THE SUBRECIPIENT. UNIT FINANCIAL OFFICERS (DEPARTMENTAL ADMINISTRATORS): UNIT FINANCIAL OFFICERS (UFO'S) SHOULD ASSIST PI'S IN CARRYING OUT THEIR SUBRECIPIENT MONITORING RESPONSIBILITIES. THIS INCLUDES: REVIEWING INVOICES FROM SUBRECIPIENTS TO ENSURE INVOICES ARE WITHIN THE PARAMETERS OF THE SUB-AWARD BUDGET, AND QUESTIONING EXPENDITURES IF NECESSARY. ENSURE THAT INVOICES ARE APPROVED BY THE PI OR HIS/HER DESIGNEE AND SUBMITTED TO ACCOUNTS PAYABLE IN A TIMELY BASIS. IF THERE ARE ANY UNUSUAL OR EXCESSIVE CHARGES INVOICED BY THE SUBRECIPIENT, THE DEPARTMENT SHOULD REQUEST CLARIFICATION FROM THE SUBRECIPIENT. MAINTAIN COPIES OF ALL INVOICES THAT PROVIDE EVIDENCE OF THE REGULAR REVIEW OF INVOICES BY THE PI. "EVIDENCE" CAN BE IN THE FORM OF AUTHORIZED SIGNATURE BY THE PI OR HIS/HER DESIGNEE, PI'S INITIALS, E-MAIL COMMUNICATIONS, OR NOTES OF MEETING BETWEEN THE PI WITH THE DEPARTMENT ADMINISTRATOR. MAINTAINING DOCUMENTATION OF MONITORING EFFORTS (COPIES OF E-MAIL, PHONE LOG, ETC.). OFFICE OF SPONSORED PROGRAMS (OSP): OSP IS RESPONSIBLE FOR THE OVERSIGHT OF SUBRECIPIENT MONITORING AND ENSURING THAT THE INSTITUTE'S SUBRECIPIENT MONITORING PROCEDURES ARE COMPLIANT WITH FEDERAL AND OTHER APPLICABLE REGULATIONS. THESE RESPONSIBILITIES INCLUDE: OSP IS RESPONSIBLE FOR IDENTIFYING TO THE SUBRECIPIENT THE FEDERAL AWARD INFORMATION (E.G., CFDA TITLE AND NUMBER, AWARD NAME, NAME OF FEDERAL AGENCY) AND APPLICABLE COMPLIANCE REQUIREMENTS, INCLUDING ANY APPROPRIATE FLOW-DOWN PROVISIONS FROM THE PRIME AGREEMENT. DETERMINING WHETHER NOR NOT THE SUBRECIPIENT OR IT'S PI'S ARE DEBARRED OR SUSPENDED FROM RECEIVING FEDERAL FUNDS. ON AN ANNUAL BASIS, OSP WILL REVIEW ALL ACTIVE SUB-AWARDS FOR WHICH MONITORING IS MANDATED. ACCORDINGLY, OSP REQUESTS AUDIT CERTIFICATION LETTERS FROM ALL SUBRECIPIENTS EXPENDING $500,000 OR MORE IN FEDERAL FUNDS DURING THE SUBRECIPIENT'S FISCAL YEAR. THE RETURNED CERTIFICATION LETTERS ARE REVIEWED BY THE OSP AUDIT COORDINATOR TO VERIFY THAT NO AUDIT FINDINGS RELATED TO FEDERAL FUNDS PROVIDED BY GEORGIA TECH ARE REPORTED. IF NO FINDINGS ARE INDICATED, THE OSP AUDIT COORDINATOR WILL INITIAL, DATE, AND NOTATE THAT NO FOLLOW-UP ACTION IS REQUIRED. OSP WILL INQUIRE FURTHER INTO THOSE THAT ARE DEEMED TO REQUIRE CLOSER SCRUTINY, AND TAKE APPROPRIATE ACTION. THE ABOVE LIST IS NOT EXHAUSTIVE OF ALL COMPLIANCE REQUIREMENTS. IN ADDITION TO THE GENERAL ELEMENTS OF COMPLIANCE NOTED ABOVE, THERE MAY BE ADDITIONAL SPONSOR- OR PROGRAM-SPECIFIC REQUIREMENTS THAT MANDATE COLLECTING AND DOCUMENTING OTHER ASSURANCES (E.G. ON LAB ANIMALS, HUMAN SUBJECTS, BIOHAZARDS, ETC.) DURING THE COURSE OF A PROJECT. OSP WILL WORK WITH PIS AND DEPARTMENT ADMINISTRATORS TO ESTABLISH CHANNELS OF COMMUNICATION WITH SUBRECIPIENTS THAT REQUIRE FURTHER SCRUTINY.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 (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RAFAEL L BRAS
TRUSTEE$0$380,037$0$0$0$10,000$0$193,862$0$17,398$0$601,297$0$0
STEPHEN E CROSS
PRESIDENT, TRUSTEE$0$336,297$0$0$0$0$0$167,862$0$17,598$0$521,757$0$0
STEVEN G SWANT
TRUSTEE$0$306,777$0$0$0$450$0$121,862$0$17,598$0$446,687$0$0
GARY MAY
SECRETARY$0$327,270$0$0$0$0$0$67,460$0$16,840$0$411,570$0$0
BARBARA J ALEXANDER
ASST SEC. & ASST TREAS.$60,686$60,686$0$0$0$0$11,287$11,287$5,150$5,150$77,123$77,123$0$0
JAMES G FORTNER
ASST SEC. & ASST TREAS.$0$175,458$0$0$0$0$0$32,450$0$17,983$0$225,891$0$0
JILDA DIEHL GARTON
VICE PRESIDENT$125,295$125,295$0$0$0$0$22,431$22,431$8,902$8,902$156,628$156,628$0$0
G DUANE HUTCHISON
ASST SEC. & ASST TREAS.$38,530$136,605$0$0$0$0$7,112$25,216$3,669$13,009$49,311$174,830$0$0
PAUL HOUSTON
SECRETARY$0$297,713$0$0$0$0$0$61,862$0$1,944$0$361,519$0$0
KEVIN WOZNIAK
ASST SEC. & ASST TREAS.$90,479$60,319$0$0$0$0$14,585$9,723$11,122$7,415$116,186$77,457$0$0
ALBERT CONCORD
SECURITY OFFICER$0$148,770$0$9,000$0$0$0$26,140$0$2,262$0$186,172$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART IIFormAndLineReferenceDesc
ExplanationTHREE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE) SENIOR ADMINISTRATORS SIT ON THE BOARD OF THE ORGANIZATION. ALL PARTICIPATE IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN STRUCTURED UNDER IRS SECTION 415(M). CONTRIBUTIONS TO THE PLAN IN 2013 WERE FUNDED BY THE INSTITUTE AND ARE INCLUDED IN AMOUNTS DISCLOSED ON SCHEDULE J, PART II COLUMN C: DEFERRED COMPENSATION. DR. RAFAEL BRAS, A TRUSTEE OF THE ORGANIZATION IS PROVOST AND EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE INSTITUTE. STEVEN G. SWANT, A TRUSTEE OF THE CORPORATION IS EXECUTIVE VICE PRESIDENT, ADMINISTRATION AND FINANCE OF THE INSTITUTE. STEPHEN E. CROSS, A TRUSTEE OF THE ORGANIZATION, IS EXECUTIVE VICE PRESIDENT FOR RESEARCH OF THE INSTITUTE. NON-QUALIFIED AMOUNT INCLUDED IN RETIREMENT & OTHER DEFERRED COMPENSATION: STEVEN G. SWANT: $59,000 RAFAEL L. BRAS: $82,000 STEPHEN E. CROSS: $55,000ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF THE GEORGIA TECH RESEARCH CORPORATION PRIOR TO FILING AND IS REVIEWED BY THE CONTROLLER.
FORM 990, PART VI, SECTION B, LINE 12CGEORGIA TECH RESEARCH CORPORATION HAS A CONFLICTS OF INTEREST POLICY IN PLACE. THE POLICY MUST BE READ AND SIGNED ANNUALLY BY ALL OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS. AN ON-LINE SYSTEM WAS IMPLEMENTED IN 2013. ANY CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE ORGANIZATION ARE GEORGIA TECH EMPLOYEES AND ARE SUBJECT TO THE COMPENSATION GUIDELINES OF THE BOARD OF REGENTS. THE BOARD OF REGENTS PERIODICALLY REVIEWS EMPLOYEE COMPENSATION AND COMPARES IT TO VARIOUS MARKET DATA.
FORM 990, PART VI, SECTION C, LINE 19BYLAWS, ARTICLES OF INCORPORATION, FINANCIALS, CONFLICT OF INTEREST ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART XII, LINE 2C:GEORGIA TECH RESEARCH CORPORATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE ORGANIZATION'S INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE ALSO REVIEWS THE FORM 990 BEFORE IT IS FILED.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
GEORGIA TECH APPLIED RESEARCH CORPORATION
505 TENTH ST NWATLANTAGA30332582374837SPONSORED RESEARCH FOR GEORGIA INSTITUTE OF TECHNOLOGYGA501(C)(3)LINE 11C, III-FIGEORGIA INSTITUTE OF TECHNOLOGY0
GEORGIA INSTITUTE OF TECHNOLOGY
500 TECH PARKWAYATLANTAGA30332586002023STATE UNIVERSITYGA115(1)BOARD OF REGENTS0
GEORGIA TECH FACILITIES INC
225 N AVE LYMAN HALL STE 325ATLANTAGA30332521442293FINANCING & CONSTRUCTING BUILDINGS FOR GEORGIA INSTITUTE OF TECHNOLOGYGA501(C)(3)LINE 5GEORGIA INSTITUTE OF TECHNOLOGY0
GEORGIA TECH GLOBAL INC
221 UNCLE HEINIE WAY NWATLANTAGA303320257271070747SUPPORT INTERNATIONAL ACTIVITIES OF GITGA501(C)(3)LINE 11A, IGEORGIA INSTITUTE OF TECHNOLOGY0
GLOBAL CENTER FOR MEDICAL INNOVATION INC
75 5TH STREET NWATLANTAGA30332264723391RESEARCHGA501(C)(3)LINE 70N/A
HOME PARK LEARNING CENTER INC
500 TECH PARKWAYATLANTAGA30332582644893CHILD CAREGA501(C)(3)LINE 11A, IGEORGIA INSTITUTE OF TECHNOLOGY0
SOUTHERN LIGHT RAIL INC
225 N AVENUE NWATLANTAGA30332300240711COMMUNICATION SERVICESGA501(C)(3)LINE 7GEORGIA INSTITUTE OF TECHNOLOGY0
GEORGIA TECH ATHLETIC ASSOCIATION
150 BOBBY DODD WAY NWATLANTAGA30332580622514ATHLETICSGA501(C)(3)LINE 7GEORGIA INSTITUTE OF TECHNOLOGY0
GEORGIA ADVANCED TECHNOLOGY VENTURES INC
225 N AVENUE NWATLANTAGA30332582538285ECONOMIC DEVELOPMENTGA501(C)(3)LINE 11C, III-FIGEORGIA INSTITUTE OF TECHNOLOGY0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (9 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GEORGIA INSTITUTE OF TECHNOLOGY
B$293,503,674COST
GEORGIA TECH FACILITIES INC
D$20,370,476COST
GEORGIA INSTITUTE OF TECHNOLOGY
J$7,607,042COST
GEORGIA TECH FACILITIES INC
K$1,454,900COST
GEORGIA INSTITUTE OF TECHNOLOGY
P$5,754,557COST
GEORGIA TECH APPLIED RESEARCH CORPORATION
Q$657,020COST
GEORGIA TECH APPLIED RESEARCH CORPORATION
O$1,606,210COST
GEORGIA TECH GLOBAL
Q$8,705COST
GEORGIA TECH APPLIED RESEARCH CORPORATION
N$0COST

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