GEORGIA TECH RESEARCH CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GEORGIA TECH RESEARCH CORPORATION (EIN 58-0603146)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-12-18
- IRS object ID
- 201313529349300716
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-12-18T13:34:56-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET STE 2200 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303093482 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580603146 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA TECH RESEARCH CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GEOR | NameControl |
| Phone | 4048946959 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 505 TENTH STREET NW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303320415 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JILDA DIEHL GARTON | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 4048946959 | Phone |
| Date Signed | 2013-12-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTINE W PIERCE | Name |
| PTIN | P00436339 | PTIN |
| Phone | 4042090954 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JILDA DIEHL GARTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 505 TENTH ST NW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303320415 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 337786620 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GTRC.GATECH.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | GEORGIA 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 97544 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 96544 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 340573294 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 327383042 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 171321 | InvestmentIncomePriorYear |
| Investment Income Current Year | 201745 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2581741 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2593834 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 343326356 | TotalRevenuePriorYear |
| Total Revenue Current Year | 330178621 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 323811640 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 311032269 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1409533 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3759642 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15788271 | OtherExpensePriorYear |
| Other Expenses Current Year | 14641940 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 341009444 | TotalExpensesPriorYear |
| Total Expenses Current Year | 329433851 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2316912 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 744770 | RevenuesLessExpensesCY |
| Total Assets BOY | 101500698 | TotalAssetsBOY |
| Total Assets EOY | 98057491 | TotalAssetsEOY |
| Total Liabilities BOY | 77701640 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 73510703 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23799058 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 24546788 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 328225130 | Expense |
| Grants | 311032269 | Grants |
| Revenue | 327384316 | Revenue |
| Description | THE 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. | Description |
| Total Program Service Expense | 328225130 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 169 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARBARA ALEXANDER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4048946962 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | GEORGIA INSTITUTE OF TECHNOLOGY | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303320415 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| RAFAEL L BRAS | |||||||||
| TRUSTEE | 0.00 | 40.00 | X | 0 | 390149 | 150297 | |||
| STEPHEN E CROSS | |||||||||
| PRESIDENT, TRUSTEE | 0.00 | 40.00 | X | 0 | 336609 | 125297 | X | ||
| STEVEN G SWANT | |||||||||
| TRUSTEE | 0.00 | 40.00 | X | 0 | 307589 | 125197 | |||
| LESLIE SIBERT | |||||||||
| CHAIR, TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| CHARLES CONCANNON | |||||||||
| VICE CHAIR, TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| RONALD L BRACKEN | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| BEN J DYER | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| SCOTT M FRANK | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| MARK J T SMITH | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| J LELAND STRANGE | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| C MEADE SUTTERFIELD | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN J YOUNG JR | |||||||||
| TRUSTEE | 0.00 | 0.00 | X | 0 | 0 | 0 | |||
| BARBARA J ALEXANDER | |||||||||
| ASST SEC. & ASST TREAS. | 20.00 | 20.00 | 59832 | 59832 | 30308 | X | |||
| JAMES G FORTNER | |||||||||
| ASST SEC. & ASST TREAS. | 0.00 | 40.00 | 0 | 171991 | 45640 | X | |||
| JILDA DIEHL GARTON | |||||||||
| VICE PRESIDENT | 20.00 | 20.00 | 123491 | 123491 | 52410 | X | |||
| G DUANE HUTCHISON | |||||||||
| ASST SEC. & ASST TREAS. | 5.00 | 35.00 | 22815 | 137504 | 44719 | X | |||
| PAUL HOUSTON | |||||||||
| SECRETARY | 0.00 | 40.00 | 0 | 291609 | 35654 | X | |||
| ANITA MCKINNEY | |||||||||
| ASST SEC. & ASST TREAS. | 15.00 | 25.00 | 29189 | 48498 | 21081 | X | |||
| KEVIN WOZNIAK | |||||||||
| ASST SEC. & ASST TREAS. | 30.00 | 10.00 | 112088 | 37363 | 39553 | X | |||
| ALBERT CONCORD | |||||||||
| SECURITY OFFICER | 0.00 | 40.00 | 0 | 151356 | 25685 | X | |||
| NEIL BEALS | |||||||||
| SENIOR RESEARCH ASSOCIATE | 40.00 | 0.00 | 114377 | 0 | 18831 | X | |||
| NICHOLAS PEREZ | |||||||||
| DIRECTOR IT & FACILITIES | 20.00 | 20.00 | 53946 | 53946 | 38124 | X | |||
| TERRY STOUT | |||||||||
| ASST DIRECTOR | 28.00 | 12.00 | 76529 | 32798 | 15844 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 592267 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2142735 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 768640 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GEORGIA INSTITUTE OF TECHNOLOGY | |||||
| 225 NORTH AVENUE | ATLANTA | GA | 30332 | RESEARCH | 331840426 |
| GEORGIA TECH FOUNDATION | |||||
| 760 SPRING STREET NW | ATLANTA | GA | 30308 | RESEARCH | 3800267 |
| GEORGIA TECH FACILITIES | |||||
| 225 NORTH AVE LYMAN HALL RM 325 | ATLANTA | GA | 30332 | BUILDING IMPROVEMENTS | 1454751 |
| TROUTMAN SANDERS LLP | |||||
| BANK OF AMERICAN PLAZA 600 PEACHTR | ATLANTA | GA | 30332 | LEGAL - PATENT EXPENSE | 1453081 |
| ARNALL GOLDEN GREGORY | |||||
| 17TH STREET NW STE 2100 | ATLANTA | GA | 30363 | LEGAL - PATENT EXPENSE | 388606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESEARCH CONTRACTS | Description |
| Business Code | 541700 | BusinessCode |
| Total Revenue Column | 327383042 | TotalRevenueColumn |
| Related Or Exempt Function Income | 327383042 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 327383042 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50039 | TotalRevenueColumn |
| Exclusion | $50,039 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7607999 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7607999 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 151706 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 151706 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 151706 | TotalRevenueColumn |
| Exclusion | $151,706 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|---|
| LICENSES AND ROYALTIES | 900099 | 2495016 | $2,495,016 | ||
| PARTNERSHIP INVESTMENT | 523000 | 97544 | 97544 | ||
| MISC. REVENUE | 900099 | 1274 | 1274 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2593834 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 330178621 | TotalRevenueColumn |
| Related Or Exempt Function Income | 327384316 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 97544 | UnrelatedBusinessRevenue |
| Exclusion | $2,696,761 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311032269 | Total |
| Program Services | 311032269 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 592267 | Total |
| Program Services | 592267 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3167375 | Total |
| Program Services | 3167375 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30669 | Total |
| Management And General | 30669 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226702 | Total |
| Management And General | 226702 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3941892 | Total |
| Program Services | 3941892 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33505 | Total |
| Management And General | 33505 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9202873 | Total |
| Program Services | 9202873 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 288454 | Total |
| Program Services | 288454 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 312853 | Total |
| Management And General | 312853 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADMINISTRATIVE AND GENE | Description |
| Total | 604992 | Total |
| Management And General | 604992 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 329433851 | Total |
| Program Services | 328225130 | ProgramServices |
| Management And General | 1208721 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53181170 | BOY |
| EOY | 49724498 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46226488 | BOY |
| EOY | 45373663 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 488584 | BOY |
| EOY | 999003 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 545584 | BOY |
| EOY | 539387 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3758543 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2345074 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1054361 | BOY |
| EOY | 1413469 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4511 | BOY |
| EOY | 7471 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101500698 | BOY |
| EOY | 98057491 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37031154 | BOY |
| EOY | 33583883 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40670486 | BOY |
| EOY | 39926820 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77701640 | BOY |
| EOY | 73510703 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23799058 | BOY |
| EOY | 24546788 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23799058 | BOY |
| EOY | 24546788 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101500698 | BOY |
| EOY | 98057491 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 744770 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2960 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Both | X | FinancialStatementBoth |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type3 Func Int | X | SupportingOrg509a3Type3FuncInt |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA INSTITUTE OF TECHNOLOGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 586002023 | EIN |
| Type Of Organization | 115(1) | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $9,202,873 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 9202873 | SumOfAmounts |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 240735 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 403626 | OtherCostOrOtherBasis |
| Depreciation | 101282 | Depreciation |
| Book Value | 302344 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2889874 | OtherCostOrOtherBasis |
| Depreciation | 2243792 | Depreciation |
| Book Value | 646082 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 465043 | OtherCostOrOtherBasis |
| Book Value | 465043 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1413469 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 337789580 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2960 | NetUnrealizedGainsInvestments |
| Other Revenues | 7607999 | OtherRevenues |
| Revenue Not Rptd F990 | 7610959 | RevenueNotRptdF990 |
| Revenue Subtotal | 330178621 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 330178621 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 337041850 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 7607999 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 7607999 | ExpensesNotRptdF990 |
| Expenses Subtotal | 329433851 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 329433851 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LEASE INCOME 7,607,999. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LEASE EXPENSES 7,607,999. |
| PART 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
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| CENTRAL AMERICA & CARIBBEAN | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| EAST ASIA & PACIFIC | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| MIDDLE EAST & NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| RUSSIA & NEWLY INDEPENDENT STATES | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | SPONSORED RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 0 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 0 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: SUBRECIPIENT 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. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGIA INSTITUTE OF TECHNOLOGY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 NORTH AVENUE | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303320257 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 586002023 | EINOfRecipient |
| IRC Section | 115(1) | IRCSection |
| Amount Of Cash Grant | 311032269 | AmountOfCashGrant |
| Purpose Of Grant | SPONSORED RESEARCH | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SUBRECIPIENT 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RAFAEL L BRAS | ||||||||||||||
| TRUSTEE | 0 | 380149 | 0 | 0 | 0 | 10000 | 0 | 134888 | 0 | 15409 | 0 | 540446 | 0 | 0 |
| STEPHEN E CROSS | ||||||||||||||
| PRESIDENT, TRUSTEE | 0 | 336609 | 0 | 0 | 0 | 0 | 0 | 109888 | 0 | 15409 | 0 | 461906 | 0 | 0 |
| STEVEN G SWANT | ||||||||||||||
| TRUSTEE | 0 | 307189 | 0 | 0 | 0 | 400 | 0 | 109888 | 0 | 15309 | 0 | 432786 | 0 | 0 |
| JAMES G FORTNER | ||||||||||||||
| ASST SEC. & ASST TREAS. | 0 | 171991 | 0 | 0 | 0 | 0 | 0 | 29575 | 0 | 16065 | 0 | 217631 | 0 | 0 |
| JILDA DIEHL GARTON | ||||||||||||||
| VICE PRESIDENT | 123491 | 123491 | 0 | 0 | 0 | 0 | 17444 | 17444 | 8761 | 8761 | 149696 | 149696 | 0 | 0 |
| G DUANE HUTCHISON | ||||||||||||||
| ASST SEC. & ASST TREAS. | 22815 | 137504 | 0 | 0 | 0 | 0 | 3937 | 23731 | 2427 | 14624 | 29179 | 175859 | 0 | 0 |
| PAUL HOUSTON | ||||||||||||||
| SECRETARY | 0 | 291609 | 0 | 0 | 0 | 0 | 0 | 34888 | 0 | 766 | 0 | 327263 | 0 | 0 |
| KEVIN WOZNIAK | ||||||||||||||
| ASST SEC. & ASST TREAS. | 112088 | 37363 | 0 | 0 | 0 | 0 | 16874 | 5625 | 12790 | 4264 | 141752 | 47252 | 0 | 0 |
| ALBERT CONCORD | ||||||||||||||
| SECURITY OFFICER | 0 | 151356 | 0 | 0 | 0 | 0 | 0 | 24085 | 0 | 1600 | 0 | 177041 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | SCHEDULE J, PART II: RAFAEL BRAS, PROVOST AND EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE GEORGIA INSTITUTE OF TECHNOLOGY, STEPHEN E. CROSS DIRECTOR OF GEORGIA TECH RESEARCH INSTITUTE AND EXECUTIVE VICE PRESIDENT FOR RESEARCH OF THE GEORGIA INSTITUTE OF TECHNOLOGY AND STEVEN G. SWANT, EXECUTIVE VICE PRESIDENT ADMINISTRATION AND FINANCE OF THE GEORGIA INSTITUTE OF TECHNOLOGY PARTICIPATE IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN STRUCTURED UNDER IRS SECTION 415(M). CONTRIBUTIONS TO THE PLAN IN CALENDAR YEAR 2012 WERE FUNDED BY GEORGIA INSTITUTE OF TECHNOLOGY AND ARE INCLUDED IN AMOUNTS DISCLOSED ON SCHEDULE J, PART II COLUMN C: DEFERRED COMPENSATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 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 12C | GEORGIA 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 HAS BEEN IMPLEMENTED IN 2013. ANY CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE 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 19 | BYLAWS, 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
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| GEORGIA TECH APPLIED RESEARCH CORPORATION | ||||||||||
| 505 TENTH ST NW | ATLANTA | GA | 30332 | 582374837 | SPONSORED RESEARCH FOR GEORGIA INSTITUTE OF TECHNOLOGY | GA | 501(C)(3) | 509(A)(3) | GEORGIA INSTITUTE OF TECHNOLOGY | 0 |
| GEORGIA INSTITUTE OF TECHNOLOGY | ||||||||||
| 500 TECH PARKWAY | ATLANTA | GA | 30332 | 586002023 | STATE UNIVERSITY | GA | 115(1) | BOARD OF REGENTS | 0 | |
| GEORGIA TECH FACILITIES INC | ||||||||||
| 225 N AVE LYMAN HALL STE 325 | ATLANTA | GA | 30332 | 521442293 | FINANCING & CONSTRUCTING BUILDINGS FOR GEORGIA INSTITUTE OF TECHNOLOGY | GA | 501(C)(3) | 170(B)(1)(A)(IV) | GEORGIA INSTITUTE OF TECHNOLOGY | 0 |
| GEORGIA TECH GLOBAL INC | ||||||||||
| 221 UNCLE HEINIE WAY NW | ATLANTA | GA | 303320257 | 271070747 | SUPPORT INTERNATIONAL ACTIVITIES OF GIT | GA | 501(C)(3) | 509(A)(3) | GEORGIA INSTITUTE OF TECHNOLOGY | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (9 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| GEORGIA INSTITUTE OF TECHNOLOGY | ||
| B | 311032269 | COST |
| GEORGIA TECH FACILITIES INC | ||
| D | 21825376 | COST |
| GEORGIA INSTITUTE OF TECHNOLOGY | ||
| J | 7607999 | COST |
| GEORGIA TECH FACILITIES INC | ||
| K | 1454751 | COST |
| GEORGIA INSTITUTE OF TECHNOLOGY | ||
| P | 9202873 | COST |
| GEORGIA TECH APPLIED RESEARCH CORPORATION | ||
| Q | 658333 | COST |
| GEORGIA TECH APPLIED RESEARCH CORPORATION | ||
| N | 0 | COST |
| GEORGIA TECH APPLIED RESEARCH CORPORATION | ||
| O | 1451037 | COST |
| GEORGIA TECH APPLIED RESEARCH CORPORATION | ||
| D | 799003 | COST |
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