Civic Intelligence

Georgia Student Scholarship Organization (Sso) Inc

990 • Fiscal year 2020 • EIN 26-2903667

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

Organization Profilewww.georgiasso.com

View Organization Page

PO Box 1752Cumming, GA 30028

(770) 377-8080

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

34th percentile

$84,735

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

92nd percentile

73%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

11%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$2,677,246

Up $1,127,340 (+73%) from 2019

Net Assets

Up

$2,572,760

Up $1,038,092 (+68%) from 2019

Liabilities

Up

$104,486

Up $89,248 (+586%) from 2019

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin66th percentile

Revenue

Up

$8,300,725

Up $849,018 (+11%) from 2019

Expenses

Up

$7,262,566

Up $170,417 (+2.4%) from 2019

Net Income

Up

$1,038,159

Up $678,601 (+189%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,082,032Liabilities 2011: $1,670Net Assets 2011: $1,080,3622011Assets 2012: $713,050Liabilities 2012: $14,263Net Assets 2012: $698,7872012Assets 2013: $807,260Liabilities 2013: $11,696Net Assets 2013: $795,5642013Assets 2014: $547,368Liabilities 2014: $8,813Net Assets 2014: $538,5552014Assets 2015: $660,850Liabilities 2015: $15,549Net Assets 2015: $645,3012015Assets 2016: $787,898Liabilities 2016: $14,716Net Assets 2016: $773,1822016Assets 2017: $925,428Liabilities 2017: $24,717Net Assets 2017: $900,7112017Assets 2018: $1,192,320Liabilities 2018: $17,210Net Assets 2018: $1,175,1102018Assets 2019: $1,549,906Liabilities 2019: $15,238Net Assets 2019: $1,534,6682019Assets 2020: $2,677,246Liabilities 2020: $104,486Net Assets 2020: $2,572,7602020Assets 2021: $4,146,288Liabilities 2021: $30,534Net Assets 2021: $4,115,7542021Assets 2022: $3,773,971Liabilities 2022: $13,366Net Assets 2022: $3,760,6052022Assets 2023: $5,269,579Liabilities 2023: $12,780Net Assets 2023: $5,256,7992023Assets 2024: $5,160,849Liabilities 2024: $12,980Net Assets 2024: $5,147,8692024

Highlighted filing

2020

Assets$2,677,246
Liabilities$104,486
Net Assets$2,572,760
Open 2020 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,574,8332011Expenses 2012: $6,583,7472012Revenue 2013: $5,378,148Expenses 2013: $5,281,371Net Income 2013: $96,7772013Revenue 2014: $3,821,286Expenses 2014: $4,078,295Net Income 2014: -$257,0092014Revenue 2015: $3,054,949Expenses 2015: $2,945,946Net Income 2015: $109,0032015Revenue 2016: $3,110,075Expenses 2016: $2,982,194Net Income 2016: $127,8812016Revenue 2017: $3,760,090Expenses 2017: $3,632,561Net Income 2017: $127,5292017Revenue 2018: $5,669,252Expenses 2018: $5,394,853Net Income 2018: $274,3992018Revenue 2019: $7,451,707Expenses 2019: $7,092,149Net Income 2019: $359,5582019Revenue 2020: $8,300,725Expenses 2020: $7,262,566Net Income 2020: $1,038,1592020Revenue 2021: $9,720,252Expenses 2021: $8,177,258Net Income 2021: $1,542,9942021Revenue 2022: $9,242,773Expenses 2022: $9,597,922Net Income 2022: -$355,1492022Revenue 2023: $14,034,855Expenses 2023: $12,538,661Net Income 2023: $1,496,1942023Revenue 2024: $12,916,003Expenses 2024: $13,025,933Net Income 2024: -$109,9302024

Highlighted filing

2020

Revenue$8,300,725
Expenses$7,262,566
Net Income$1,038,159
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$8,300,725
Mission and Program Overview

Mission

Georgia Student Scholarship Organization (SSO) Inc., is a nonprofit Georgia Corporation dedicated to offering students from low and middle income family opportunities to attend private K-12 schools of their parents' choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,539,309$2,672,643▲ $1,133,334
Prepaid Expenses and Deferred Charges$7,371$2,607▼ $4,764
Land, Buildings, and Equipment, Net$3,159$1,996▼ $1,163
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,549,839$2,677,246▲ $1,127,407
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable-$75,986-
Accounts Payable and Accrued Expenses$15,238$28,500▲ $13,262
Total Liabilities$15,238$104,486▲ $89,248
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,512,871$2,521,468▲ $1,008,597
Net Assets Without Donor Restrictions$21,730$51,292▲ $29,562
Total Net Assets Fund Balance$1,534,601$2,572,760▲ $1,038,159
Total Liabilities and Net Assets / Fund Balance$1,549,839$2,677,246▲ $1,127,407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,996$3,822$5,818
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David B NeyerPresident & CEOFT$84,735-$84,735
Cindy Neyersec/TreasurerFT$71,406-$71,406
Robert J JasionDirectorPT$8,457$52,179$60,636
Mark C LangstonDirectorPT$8,457$20,292$28,749
Charles SonnenbergDirector-$2,000-$2,000
Fulton LewisDirector-$2,000-$2,000
Tracy BaggettDirector-$2,000-$2,000
Revenue and Support

Revenue Composition

Contributions and Grants
$8,300,725
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,300,725
Change in Net Assets
$1,038,159

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,300,725
Total Revenue per Audited Statements
$8,300,725
Total Revenue per Form 990
$8,300,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,781,006
Salaries, Compensation, and Employee Benefits$326,468
Other Expenses$155,092
Total Fundraising Expense$39,126
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$6,518,956--$6,518,956
Grants to Domestic Orgs$262,050--$262,050
Current Officers, Directors, Trustees, and Key Employees$103,773$55,282$20,000$179,055
Other Employee Benefits-$72,471-$72,471
Comp Disqual Persons$56,848--$56,848
Occupancy-$18,300-$18,300
Payroll Taxes$12,320$4,240$1,534$18,094
Fees for Services Other$9,707$4,538$2,032$16,277
Travel$11,365-$4,871$16,236
Fees for Services Legal-$8,000-$8,000
Other Expenses$4,718$2,359$786$7,863
Insurance-$2,579-$2,579
All Other Expenses$1,410$705$235$2,350
Advertising--$1,596$1,596
Depreciation Depletion-$1,163-$1,163
Total Functional Expenses$7,029,585$193,855$39,126$7,262,566

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,262,566
Total Expenses per Audited Statements$7,262,566
Total Expenses per Form 990$7,262,566
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Georgia Goal Scholarship ProgPeachtree Corne, GA501(c)(3)Tuition Grants$194,666
Apogee Ga School Choice ScholAtlanta, GA501(c) (3)Tuition Grant$55,350
Great SSO IncCumming, GA501(c) (3)Tuition Grant$7,034
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two non-independent trustees have a business relationship”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The organization was organized as a not-for-profit corporation. The organization is governed by a board of trustees. The board has six trustees, of which three are independent trustees. In the event the organization is dissolved the governing members are not eligible to receive any of the organization's assets, instead as provided in the organization's articles of incorporation,the assets of the organization are to be distributed to another 501(c)(3) organization or a government entity.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of the annual tax return is distributed to all six trustees for review before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board of trustees monitors and enforces compliance with the organization's conflict of interest policy at its regular board meetings. All financial transactions involving the non-independent trustees must be reviewed and approved by the independent trustees.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation of officers, CEO and key employees is approved by the independent board of trustees by comparing compensation of the organization's employee with comparable compensation of employees of other non-profits.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation of officers, CEO and key employees is approved by the independent board of trustees by comparing compensation of the organization's employee with comparable compensation of employees of other non-profits.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Copies are provided upon written request”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization's governing documents, conflict of interest policy and audited financial statements are available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Georgia Student Scholarship Organization
EIN
26-2903667
Phone
7703778080
Address
PO Box 1752, Cumming, GA 30028

Signing Officer

Name
David B Neyer
Title
President & CEO
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
3
Employees
5

Preparer

Firm
Le Roy Cole & Stephens LLC
Address
101 Samaritan Drive, Cumming, GA 30040
Preparer
Charles W Cole CPA
Phone
7708891470
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization has been granted tax-exempt status under section 501(a) of the Internal Revenue Code (the Code) as an organization described in Section 501(c)(3) whereby only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to federal income tax. The Organization had no significant unrelated taxable income during 2020. Accordingly, no provision or benefit for income taxes has been recorded in the accompanying financial statements. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The Organization applies the provisions of accounting standards for income taxes. These standards require that a tax position be recognized or derecognized based on a more-likely-than-not threshold. This applies to positions taken or expected to be taken in a tax return. The Organization does not believe its financial statements include any material uncertain tax positions. The Organization is no longer subject to federal or state income tax examination by tax authorities for years prior to 2017.”

Raw XML AppendixShowing 400 of 472 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015238
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028500
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Georgia Student Scholarship Organization (SSO) Inc., is a nonprofit Georgia Corporation dedicated to offering students from low and middle income family opportunities to attend private K-12 schools of their parents' choice.
IRS990/AdvertisingGrp/FundraisingAmt01596
IRS990/AdvertisingGrp/TotalAmt01596
IRS990/AllOtherContributionsAmt08300725
IRS990/AllOtherExpensesGrp/FundraisingAmt0235
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0705
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01410
IRS990/AllOtherExpensesGrp/TotalAmt02350
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0David Neyer
IRS990/BooksInCareOfDetail/PhoneNum07707730401
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1752
IRS990/BooksInCareOfDetail/USAddress/CityNm0Cumming
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030028
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01539309
IRS990/CashNonInterestBearingGrp/EOYAmt02672643
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt020000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt055282
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0103773
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0179055
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt056848
IRS990/CompDisqualPersonsGrp/TotalAmt056848
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08300725
IRS990/CYGrantsAndSimilarPaidAmt06781006
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0155092
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01038159
IRS990/CYSalariesCompEmpBnftPaidAmt0326468
IRS990/CYTotalExpensesAmt07262566
IRS990/CYTotalFundraisingExpenseAmt039126
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08300725
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01163
IRS990/DepreciationDepletionGrp/TotalAmt01163
IRS990/Desc0The organization is dedicated to offering students from low and middle income family opportunities to attend private K-12 schools of their parents' choice. During 2020 the Organization awarded 1,966 scholarhships to eligible students attending 96 nonpublic K-12 schools.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01512871
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02521468
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt07029585
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08000
IRS990/FeesForServicesLegalGrp/TotalAmt08000
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt02032
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04538
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09707
IRS990/FeesForServicesOtherGrp/TotalAmt016277
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt252179
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320292
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0David B Neyer
IRS990/Form990PartVIISectionAGrp/PersonNm1Cindy Neyer
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert J Jasion
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark C Langston
IRS990/Form990PartVIISectionAGrp/PersonNm4Charles Sonnenberg
IRS990/Form990PartVIISectionAGrp/PersonNm5Fulton Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm6Tracy Baggett
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt084735
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt171406
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt38457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt42000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt62000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1sec/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt06781006
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt06518956
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt06518956
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0262050
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0262050
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08300725
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02579
IRS990/InsuranceGrp/TotalAmt02579
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03822
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03159
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01996
IRS990/LandBldgEquipCostOrOtherBssAmt05818
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Georgia Student Scholarship Organization (SSO) Inc., is a nonprofit Georgia Corporation dedicated to offering students from low and middle income family opportunities to attend private K-12 schools of their parents' choice.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01534601
IRS990/NetAssetsOrFundBalancesEOYAmt02572760
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021730
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt051292
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt018300
IRS990/OccupancyGrp/TotalAmt018300
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt072471
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072471
IRS990/OtherExpensesGrp/Desc0Technology services
IRS990/OtherExpensesGrp/Desc1Internet
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt04262
IRS990/OtherExpensesGrp/FundraisingAmt12257
IRS990/OtherExpensesGrp/FundraisingAmt21553
IRS990/OtherExpensesGrp/FundraisingAmt3786
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012787
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16772
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24659
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32359
IRS990/OtherExpensesGrp/ProgramServicesAmt025573
IRS990/OtherExpensesGrp/ProgramServicesAmt113544
IRS990/OtherExpensesGrp/ProgramServicesAmt29321
IRS990/OtherExpensesGrp/ProgramServicesAmt34718
IRS990/OtherExpensesGrp/TotalAmt042622
IRS990/OtherExpensesGrp/TotalAmt122573
IRS990/OtherExpensesGrp/TotalAmt215533
IRS990/OtherExpensesGrp/TotalAmt37863
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01534
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04240
IRS990/PayrollTaxesGrp/ProgramServicesAmt012320
IRS990/PayrollTaxesGrp/TotalAmt018094
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07371
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02607
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07451707
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06648120
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt095070
IRS990/PYRevenuesLessExpensesAmt0359558
IRS990/PYSalariesCompEmpBnftPaidAmt0348959
IRS990/PYTotalExpensesAmt07092149
IRS990/PYTotalRevenueAmt07451707
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01038159
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08300725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07451707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05669252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03759661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03108884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt028290229
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01620
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt028290229
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08300725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07451707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05669252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03759661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03108884
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt028290229
IRS990ScheduleA/TotalSupportAmt028291849
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01996
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05818
IRS990ScheduleD/ExpensesSubtotalAmt07262566
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt08300725
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has been granted tax-exempt status under section 501(a) of the Internal Revenue Code (the Code) as an organization described in Section 501(c)(3) whereby only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to federal income tax. The Organization had no significant unrelated taxable income during 2020. Accordingly, no provision or benefit for income taxes has been recorded in the accompanying financial statements. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The Organization applies the provisions of accounting standards for income taxes. These standards require that a tax position be recognized or derecognized based on a more-likely-than-not threshold. This applies to positions taken or expected to be taken in a tax return. The Organization does not believe its financial statements include any material uncertain tax positions. The Organization is no longer subject to federal or state income tax examination by tax authorities for years prior to 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01996
IRS990ScheduleD/TotalExpensesPerForm990Amt07262566
IRS990ScheduleD/TotalRevenuePerForm990Amt08300725
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08300725
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07262566
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06518956
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0tuition grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01966
IRS990ScheduleI/RecipientTable/CashGrantAmt055350
IRS990ScheduleI/RecipientTable/CashGrantAmt1194666
IRS990ScheduleI/RecipientTable/CashGrantAmt27034
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c) (3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Tuition Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Tuition Grants
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Tuition Grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Apogee Ga School Choice Schol
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Georgia Goal Scholarship Prog
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Great SSO Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0262693572
IRS990ScheduleI/RecipientTable/RecipientEIN1651280229
IRS990ScheduleI/RecipientTable/RecipientEIN2320257783
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03330 Cumberland Blvd Ste 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13740 Davinci Court
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21595 Peachtree Pk Ste 204-128
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Atlanta
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Peachtree Corne
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Cumming
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030339
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd130092
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd230041
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Part I, Line 2The procedures for awarding tuition grants are initiated by notifying the nonpublic K-12 school of the availability of the tuition grant amount to be provided by the Organization. Tuition grants awards are based upon the criteria established by the participating K-12 schools. Parents must complete and submit an on line scholarship application for each eligible student to the participating K-12 school. The application must include: the name of the parent and the student, the parent's address, the student's date of birth,confirmation of the student's eligibility to receive a tuition grant under Georgia law and the family's adjusted gross income. The application must be signed by both the parent and a official at the participating school. After the participating school approves the student's tuition grant the information is forward to the Organization for processing of the tuition grant. Tuition checks are made payable to the parent and the participating school and mailed to the school. Both the parent and participating school endorse the check and it is deposited into the participating school's account.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two non-independent trustees have a business relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization was organized as a not-for-profit corporation. The organization is governed by a board of trustees. The board has six trustees, of which three are independent trustees. In the event the organization is dissolved the governing members are not eligible to receive any of the organization's assets, instead as provided in the organization's articles of incorporation,the assets of the organization are to be distributed to another 501(c)(3) organization or a government entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the annual tax return is distributed to all six trustees for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of trustees monitors and enforces compliance with the organization's conflict of interest policy at its regular board meetings. All financial transactions involving the non-independent trustees must be reviewed and approved by the independent trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation of officers, CEO and key employees is approved by the independent board of trustees by comparing compensation of the organization's employee with comparable compensation of employees of other non-profits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation of officers, CEO and key employees is approved by the independent board of trustees by comparing compensation of the organization's employee with comparable compensation of employees of other non-profits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Copies are provided upon written request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization's governing documents, conflict of interest policy and audited financial statements are available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01549839
IRS990/TotalAssetsEOYAmt02677246
IRS990/TotalAssetsGrp/BOYAmt01549839

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,677,246
Liabilities
$104,486
Net assets
$2,572,760
Revenue
$8,300,725
Expenses
$7,262,566
Net income
$1,038,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.16$0.01$5.15$12.9$13.0$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.27$0.01$5.26$14.0$12.5$1.50
2022Detailed filing. Detailed filing data is available for this year.$3.77$0.01$3.76$9.24$9.60$0.36
2021Detailed filing. Detailed filing data is available for this year.$4.15$0.03$4.12$9.72$8.18$1.54
2020Detailed filing. Detailed filing data is available for this year.$2.68$0.10$2.57$8.30$7.26$1.04
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.02$1.53$7.45$7.09$0.36
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.02$1.18$5.67$5.39$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.90$3.76$3.63$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.01$0.77$3.11$2.98$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.02$0.65$3.05$2.95$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$3.82$4.08$0.26
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$5.38$5.28$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.01$0.70$6.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$6.57