Civic Intelligence

Georgia Education Foundation Inc.

990 • Fiscal year 2018 • EIN 45-4344273

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

Organization ProfileN/A
759 W Peachtree St 107Atlanta, GA 30308-1195

(404) 589-4929

Siviq Scores

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

Liabilities / Assets

90th percentile

0.53x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-74%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

37%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$21,023

Down $60,511 (-74%) from 2017

Net Assets

Down

$9,821

Down $26,713 (-73%) from 2017

Liabilities

Down

$11,202

Down $33,798 (-75%) from 2017

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin21st percentile

Revenue

Up

$200,298

Up $53,960 (+37%) from 2017

Expenses

Up

$227,011

Up $75,413 (+50%) from 2017

Net Income

Down

-$26,713

Down $21,453 (-408%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$300K$200K$100K$0-$100K-$200KAssets 2012: $110,734Liabilities 2012: $0Net Assets 2012: $110,7342012Assets 2013: $99,246Liabilities 2013: $0Net Assets 2013: $99,2462013Assets 2014: $117,115Liabilities 2014: $1,776Net Assets 2014: $115,3392014Assets 2015: $63,213Liabilities 2015: $25,527Net Assets 2015: $37,6862015Assets 2016: $49,351Liabilities 2016: $7,557Net Assets 2016: $41,7942016Assets 2017: $81,534Liabilities 2017: $45,000Net Assets 2017: $36,5342017Assets 2018: $21,023Liabilities 2018: $11,202Net Assets 2018: $9,8212018Assets 2019: $26,477Liabilities 2019: $16,990Net Assets 2019: $9,4872019Assets 2020: $39,892Liabilities 2020: $17,722Net Assets 2020: $22,1702020Assets 2021: $94,884Liabilities 2021: $36,867Net Assets 2021: $58,0172021Assets 2022: $216,445Liabilities 2022: $8,121Net Assets 2022: $208,3242022Assets 2023: $67,983Liabilities 2023: $32,383Net Assets 2023: $35,6002023Assets 2024: $59,552Liabilities 2024: $215,660Net Assets 2024: -$156,1082024

Highlighted filing

2018

Assets$21,023
Liabilities$11,202
Net Assets$9,821
Open 2018 Filing

Operations Trend

Revenue Growth82nd percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $180,628Expenses 2012: $69,894Net Income 2012: $110,7342012Revenue 2013: $91,788Expenses 2013: $103,276Net Income 2013: -$11,4882013Revenue 2014: $138,235Expenses 2014: $122,142Net Income 2014: $16,0932014Revenue 2015: $135,581Expenses 2015: $196,135Net Income 2015: -$60,5542015Revenue 2016: $178,719Expenses 2016: $174,611Net Income 2016: $4,1082016Revenue 2017: $146,338Expenses 2017: $151,598Net Income 2017: -$5,2602017Revenue 2018: $200,298Expenses 2018: $227,011Net Income 2018: -$26,7132018Revenue 2019: $129,965Expenses 2019: $130,299Net Income 2019: -$3342019Revenue 2020: $138,310Expenses 2020: $125,627Net Income 2020: $12,6832020Revenue 2021: $251,306Expenses 2021: $215,459Net Income 2021: $35,8472021Revenue 2022: $433,021Expenses 2022: $282,714Net Income 2022: $150,3072022Revenue 2023: $89,750Expenses 2023: $262,474Net Income 2023: -$172,7242023Revenue 2024: $73,033Expenses 2024: $264,741Net Income 2024: -$191,7082024

Highlighted filing

2018

Revenue$200,298
Expenses$227,011
Net Income-$26,713
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$200,298
Mission and Program Overview

Mission

To provide educational and training opportunities for small business enterprises and emerging entrepreneurial in order to develop capacity that will drive business growth and create jobs.

SEE PART III, PAGE 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,659$16,663▼ $49,996
Accounts Receivable$14,875$3,700▼ $11,175
Prepaid Expenses and Deferred Charges-$660-
Total Assets$81,534$21,023▼ $60,511
Liabilities
Accounts Payable and Accrued Expenses-$6,202-
Deferred Revenue$45,000$5,000▼ $40,000
Total Liabilities$45,000$11,202▼ $33,798
Net Assets / Fund Balance
Unrestricted Net Assets$36,534$9,821▼ $26,713
Total Net Assets Fund Balance$36,534$9,821▼ $26,713
Total Liabilities and Net Assets / Fund Balance$81,534$21,023▼ $60,511

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,109$1,109
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Stacey KeyPresident
Douglas BurrellDirector
Ken HuffDirector
Michael RobinsonDirector
Sidd AhmedDirector
Wassel LewisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$166,500
Program Service Revenue
$30,132
Investment Income
$0
Other Revenue
$3,666
All Other Contributions
$166,500
Change in Net Assets
$-26,713

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$43,000
Total Noncash Contributions1$43,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$200,298
Total Revenue per Audited Statements
$200,298
Total Revenue per Form 990
$200,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$96,283$23,884-$120,167
Office Expenses$24,702$7,934-$32,636
Fees for Services Accounting-$7,347-$7,347
Travel$875$3,478-$4,353
Other Expenses$2,172$20-$2,192
Advertising$1,740--$1,740
Interest-$317-$317
Total Functional Expenses$182,734$44,277$0$227,011

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$227,011
Total Expenses per Audited Statements$227,011
Total Expenses per Form 990$227,011
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 12C

“The board members monitor and enforce compliance.”

Form 990, Page 6, Part VI, Line 19

“Information available upon request”

Filing and Contact Details

Filer

Filer Name
Georgia Education Foundation Inc
EIN
45-4344273
Phone
4045894929
Address
759 W PEACHTREE ST 107, ATLANTA, GA 30308-1195

Signing Officer

Name
Stacey Key
Title
President
Phone
4045894929
Signed
2019-05-10

Organization Details

Principal Officer
Stacey Key
Formed
2012
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Reed Quinn & Mcclure LLC
Address
2055 N BROWN RD STE 150, LAWRENCEVILLE, GA 30043-4920
Preparer
Daniel T Mcclure CPA
Phone
7704499144
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“The mentor protege program is a business development program administered by the georgia education foundation, inc, the educational arm of georgia minority supplier development council, inc (gmsdc). It provides opportunities for georgia small businesses to benefit from a partnership with a corporate mentor for a period of one year. Emerging firms can build relationships, explore new technologies, learn about best practices and benefit from the wisdom of corporate executives who are committed to the long-term health and overall growth of small businesses in georgia. The goal of the program is to help small businesses to be successful over the long haul, by helping them to develop capacity, enhance their skill sets and become more competitive. Research has shown that access to the right kind of coaching and mentoring significantly increases the success rate in small business, while both the mentor and the protege benefit tremendously from their interaction.”

Form 990, Part IX, Line 11G

“Other 0 1,164 0 other contracted 5,497 23 0 professional services 90,786 22,697 0 total 96,283 23,884 0”

Raw XML Appendix365 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/EOYAmt06202
IRS990/AccountsReceivableGrp/BOYAmt014875
IRS990/AccountsReceivableGrp/EOYAmt03700
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE PART III, PAGE 2
IRS990/AdvertisingGrp/ProgramServicesAmt01740
IRS990/AdvertisingGrp/TotalAmt01740
IRS990/AllOtherContributionsAmt0166500
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04045894929
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0759 W PEACHTREE ST STE 107
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030308
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt066659
IRS990/CashNonInterestBearingGrp/EOYAmt016663
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0166500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0227011
IRS990/CYOtherRevenueAmt03666
IRS990/CYProgramServiceRevenueAmt030132
IRS990/CYRevenuesLessExpensesAmt0-26713
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0227011
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0200298
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt045000
IRS990/DeferredRevenueGrp/EOYAmt05000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE MENTOR PROTEGE PROGRAM IS A BUSINESS DEVELOPMENT PROGRAM ADMINISTERED BY THE GEORGIA EDUCATION FOUNDATION, INC, THE EDUCATIONAL ARM OF GEORGIA MINORITY SUPPLIER DEVELOPMENT COUNCIL, INC (GMSDC). IT PROVIDES OPPORTUNITIES FOR GEORGIA SMALL BUSINESSES TO BENEFIT FROM A PARTNERSHIP WITH A CORPORATE MENTOR FOR A PERIOD OF ONE YEAR. EMERGING FIRMS CAN BUILD RELATIONSHIPS, EXPLORE NEW TECHNOLOGIES, LEARN ABOUT BEST PRACTICES AND BENEFIT FROM THE WISDOM OF CORPORATE EXECUTIVES WHO ARE COMMITTED TO THE LONG-TERM HEALTH AND OVERALL GROWTH OF SMALL BUSINESSES IN GEORGIA. THE GOAL OF THE PROGRAM IS TO HELP SMALL BUSINESSES TO BE SUCCESSFUL OVER THE LONG HAUL, BY HELPING THEM TO DEVELOP CAPACITY, ENHANCE THEIR SKILL SETS AND BECOME MORE COMPETITIVE. RESEARCH HAS SHOWN THAT ACCESS TO THE RIGHT KIND OF COACHING AND MENTORING SIGNIFICANTLY INCREASES THE SUCCESS RATE IN SMALL BUSINESS, WHILE BOTH THE MENTOR AND THE PROTEGE BENEFIT TREMENDOUSLY FROM THEIR INTERACTION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0182734
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07347
IRS990/FeesForServicesAccountingGrp/TotalAmt07347
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt023884
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt096283
IRS990/FeesForServicesOtherGrp/TotalAmt0120167
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
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/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0STACEY KEY
IRS990/Form990PartVIISectionAGrp/PersonNm1KEN HUFF
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm3SIDD AHMED
IRS990/Form990PartVIISectionAGrp/PersonNm4WASSEL LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUGLAS BURRELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0200298
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt0317
IRS990/InterestGrp/TotalAmt0317
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01109
IRS990/LandBldgEquipCostOrOtherBssAmt01109
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL AND TRAINING OPPORTUNITIES FOR SMALL BUSINESS ENTERPRISES AND EMERGING ENTREPRENEURIAL IN ORDER TO DEVELOP CAPACITY THAT WILL DRIVE BUSINESS GROWTH AND CREATE JOBS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt036534
IRS990/NetAssetsOrFundBalancesEOYAmt09821
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt043000
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07934
IRS990/OfficeExpensesGrp/ProgramServicesAmt024702
IRS990/OfficeExpensesGrp/TotalAmt032636
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0VENUE
IRS990/OtherExpensesGrp/Desc1CATERING
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01297
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120
IRS990/OtherExpensesGrp/ProgramServicesAmt045294
IRS990/OtherExpensesGrp/ProgramServicesAmt111668
IRS990/OtherExpensesGrp/ProgramServicesAmt22172
IRS990/OtherExpensesGrp/TotalAmt045294
IRS990/OtherExpensesGrp/TotalAmt112965
IRS990/OtherExpensesGrp/TotalAmt22192
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03666
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03666
IRS990/OtherRevenueTotalAmt03666
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0660
IRS990/PrincipalOfficerNm0STACEY KEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030132
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030132
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077750
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0151598
IRS990/PYOtherRevenueAmt0295
IRS990/PYProgramServiceRevenueAmt068293
IRS990/PYRevenuesLessExpensesAmt0-5260
IRS990/PYTotalExpensesAmt0151598
IRS990/PYTotalRevenueAmt0146338
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-26713
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt012,662
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0166500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt077750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0110225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt098500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0131985
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0584960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt030132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt068588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt061768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt035106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0201844
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03666
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0295
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06726
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01975
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012662
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98420
IRS990ScheduleA/PublicSupportPY509Pct00.98700
IRS990ScheduleA/PublicSupportTotal509Amt0786804
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0196632
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0146338
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0171993
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0133606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0138235
IRS990ScheduleA/Total509Grp/TotalAmt0786804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0200298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0178719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0135581
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0138235
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0799466
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0227011
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01109
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01109
IRS990ScheduleD/RevenueSubtotalAmt0200298
IRS990ScheduleD/TotalExpensesPerForm990Amt0227011
IRS990ScheduleD/TotalRevenuePerForm990Amt0200298
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0200298
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0227011
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt043000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MENTOR PROTEGE PROGRAM IS A BUSINESS DEVELOPMENT PROGRAM ADMINISTERED BY THE GEORGIA EDUCATION FOUNDATION, INC, THE EDUCATIONAL ARM OF GEORGIA MINORITY SUPPLIER DEVELOPMENT COUNCIL, INC (GMSDC). IT PROVIDES OPPORTUNITIES FOR GEORGIA SMALL BUSINESSES TO BENEFIT FROM A PARTNERSHIP WITH A CORPORATE MENTOR FOR A PERIOD OF ONE YEAR. EMERGING FIRMS CAN BUILD RELATIONSHIPS, EXPLORE NEW TECHNOLOGIES, LEARN ABOUT BEST PRACTICES AND BENEFIT FROM THE WISDOM OF CORPORATE EXECUTIVES WHO ARE COMMITTED TO THE LONG-TERM HEALTH AND OVERALL GROWTH OF SMALL BUSINESSES IN GEORGIA. THE GOAL OF THE PROGRAM IS TO HELP SMALL BUSINESSES TO BE SUCCESSFUL OVER THE LONG HAUL, BY HELPING THEM TO DEVELOP CAPACITY, ENHANCE THEIR SKILL SETS AND BECOME MORE COMPETITIVE. RESEARCH HAS SHOWN THAT ACCESS TO THE RIGHT KIND OF COACHING AND MENTORING SIGNIFICANTLY INCREASES THE SUCCESS RATE IN SMALL BUSINESS, WHILE BOTH THE MENTOR AND THE PROTEGE BENEFIT TREMENDOUSLY FROM THEIR INTERACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS MONITOR AND ENFORCE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER 0 1,164 0 OTHER CONTRACTED 5,497 23 0 PROFESSIONAL SERVICES 90,786 22,697 0 TOTAL 96,283 23,884 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt081534
IRS990/TotalAssetsEOYAmt021023
IRS990/TotalAssetsGrp/BOYAmt081534
IRS990/TotalAssetsGrp/EOYAmt021023
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0166500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044277
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182734
IRS990/TotalFunctionalExpensesGrp/TotalAmt0227011
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045000
IRS990/TotalLiabilitiesEOYAmt011202
IRS990/TotalLiabilitiesGrp/BOYAmt045000
IRS990/TotalLiabilitiesGrp/EOYAmt011202
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt036534
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09821
IRS990/TotalProgramServiceExpensesAmt0182734
IRS990/TotalProgramServiceRevenueAmt030132
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033798
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0200298
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt081534
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021023
IRS990/TravelGrp/ManagementAndGeneralAmt03478
IRS990/TravelGrp/ProgramServicesAmt0875
IRS990/TravelGrp/TotalAmt04353
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt036534
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09821
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STACEY KEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04045894929
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEORGIA EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GEOR
ReturnHeader/Filer/EIN0454344273
ReturnHeader/Filer/PhoneNum04045894929
ReturnHeader/Filer/USAddress/AddressLine1Txt0759 W PEACHTREE ST 107
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0303081195
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C549E62B03BE080212497EC8B8B0522248C7AE7F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B283EB2ED997438113AD571F97B332828D95E449
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.131.184.114
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:52:05
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582053827
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REED QUINN & MCCLURE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02055 N BROWN RD STE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAWRENCEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300434920
ReturnHeader/PreparerPersonGrp/PhoneNum07704499144
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL T MCCLURE CPA
ReturnHeader/ReturnTs02019-11-14T14:52:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,023
Liabilities
$11,202
Net assets
$9,821
Revenue
$200,298
Expenses
$227,011
Net income
-$26,713
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$2.16$1.56$0.73$2.65$1.92
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.32$0.36$0.90$2.62$1.73
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.08$2.08$4.33$2.83$1.50
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.37$0.58$2.51$2.15$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.18$0.22$1.38$1.26$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.17$0.09$1.30$1.30$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.11$0.10$2.00$2.27$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.45$0.37$1.46$1.52$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.08$0.42$1.79$1.75$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.26$0.38$1.36$1.96$0.61
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.02$1.15$1.38$1.22$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.92$1.03$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$1.81$0.70$1.11