Civic Intelligence

Georgia Tech Alumni Association Inc.

990 • Fiscal year 2014 • EIN 58-0634853

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

190 North Ave30313

(404) 894-2391

Siviq Scores

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

Liabilities / Assets

95th percentile

1.17x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

40th percentile

0.3%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

89th percentile

$315,595

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

94th percentile

59%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

40th percentile

1.0%

Faster revenue growth than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2014

Assets

Up

$449,834

Up $166,683 (+59%) from 2013

Net Assets

Up

-$74,304

Up $21,780 (+23%) from 2013

Liabilities

Up

$524,138

Up $144,903 (+38%) from 2013

Revenue

$6,380,385

No earlier filing loaded for comparison.

Expenses

Up

$6,358,605

Up $447,811 (+7.6%) from 2013

Net Income

$21,780

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $852,733Liabilities 2011: $448,059Net Assets 2011: $404,6742011Assets 2012: $503,913Liabilities 2012: $455,306Net Assets 2012: $48,6072012Assets 2013: $283,151Liabilities 2013: $379,235Net Assets 2013: -$96,0842013Assets 2014: $449,834Liabilities 2014: $524,138Net Assets 2014: -$74,3042014Assets 2015: $441,445Liabilities 2015: $548,928Net Assets 2015: -$107,4832015Assets 2016: $816,234Liabilities 2016: $749,521Net Assets 2016: $66,7132016Assets 2017: $848,773Liabilities 2017: $593,942Net Assets 2017: $254,8312017Assets 2018: $1,303,366Liabilities 2018: $659,719Net Assets 2018: $643,6472018Assets 2019: $1,305,561Liabilities 2019: $784,276Net Assets 2019: $521,2852019Assets 2020: $2,123,944Liabilities 2020: $1,170,406Net Assets 2020: $953,5382020Assets 2021: $3,190,672Liabilities 2021: $561,139Net Assets 2021: $2,629,5332021Assets 2022: $3,310,384Liabilities 2022: $805,717Net Assets 2022: $2,504,6672022Assets 2023: $3,645,412Liabilities 2023: $1,221,030Net Assets 2023: $2,424,3822023Assets 2024: $3,326,418Liabilities 2024: $1,134,438Net Assets 2024: $2,191,9802024Assets 2025: $4,456,695Liabilities 2025: $2,264,843Net Assets 2025: $2,191,8522025

Highlighted filing

2014

Assets$449,834
Liabilities$524,138
Net Assets-$74,304

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $6,201,445Expenses 2011: $6,200,614Net Income 2011: $8312011Expenses 2012: $6,157,8732012Expenses 2013: $5,910,7942013Revenue 2014: $6,380,385Expenses 2014: $6,358,605Net Income 2014: $21,7802014Revenue 2015: $6,786,852Expenses 2015: $6,820,031Net Income 2015: -$33,1792015Revenue 2016: $6,781,760Expenses 2016: $6,607,564Net Income 2016: $174,1962016Revenue 2017: $7,014,872Expenses 2017: $6,826,754Net Income 2017: $188,1182017Revenue 2018: $6,962,611Expenses 2018: $6,573,795Net Income 2018: $388,8162018Revenue 2019: $6,655,359Expenses 2019: $6,777,721Net Income 2019: -$122,3622019Revenue 2020: $6,570,214Expenses 2020: $6,137,961Net Income 2020: $432,2532020Revenue 2021: $7,936,222Expenses 2021: $6,260,227Net Income 2021: $1,675,9952021Revenue 2022: $6,879,284Expenses 2022: $7,042,686Net Income 2022: -$163,4022022Revenue 2023: $7,448,240Expenses 2023: $7,545,490Net Income 2023: -$97,2502023Revenue 2024: $7,627,536Expenses 2024: $7,916,588Net Income 2024: -$289,0522024Revenue 2025: $7,998,361Expenses 2025: $8,086,471Net Income 2025: -$88,1102025

Highlighted filing

2014

Revenue$6,380,385
Expenses$6,358,605
Net Income$21,780
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$6,582,457
Mission and Program Overview

Mission

The mission of the georgia tech alumni association is to promote and serve our alumni and the institute. We will continually create relevant and meaningful programs for current and future alumni to foster lifelong participation and philanthropic support. We will communicate the achievements of the institute and our alumni, maintain its traditions and engage the campus community. Underlying all that we do is the belief in the value of education, the commitment to integrity and exceptional customer service and a pledge that we will perform in a fiscally responsible manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,507$221,765▲ $173,258
Land, Buildings, and Equipment, Net$122,368$131,876▲ $9,508
Accounts Receivable$57,470$65,795▲ $8,325
Prepaid Expenses and Deferred Charges$39,830$14,034▼ $25,796
Inventories for Sale or Use$2,476$3,864▲ $1,388
Total Assets$283,151$449,834▲ $166,683
Other Assets Total$12,500$12,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$350,417$392,645▲ $42,228
Deferred Revenue$28,818$131,493▲ $102,675
Total Liabilities$379,235$524,138▲ $144,903
Net Assets / Fund Balance
Unrestricted Net Assets$-96,084$-74,304▲ $21,780
Total Net Assets Fund Balance$-96,084$-74,304▲ $21,780
Total Liabilities and Net Assets / Fund Balance$283,151$449,834▲ $166,683

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$30,305$686,086$716,391
Other Land Buildings$55,260$248,966$304,226
Equipment$46,311$163,089$209,400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph P IrwinPresidentFT$260,740$54,855$315,595
James SheaVP Fund & DeFT$146,814$28,883$175,697
James SheaVP Fund & Dev-$146,814$28,883$175,697
Allison HickmanVP Admin & TFT$136,051$28,175$164,226
Allison HickmanVP Admin & Tech-$136,051$28,175$164,226
Len ContardoVP Alumni OuFT$127,328$27,715$155,043
Len ContardoVP Alumni Outreach-$127,328$27,715$155,043
Kara PetracekVP Events &FT$134,204$18,266$152,470
Kara PetracekVP Events & Campus-$134,204$18,266$152,470
Revenue and Support

Revenue Composition

Contributions and Grants
$5,183,108
Program Service Revenue
$916,780
Investment Income
$1,410
Other Revenue
$279,087
All Other Contributions
$4,932,240
Change in Net Assets
$21,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,380,385
Revenue Not Reported on Form 990
$202,072
Total Revenue per Audited Statements
$6,582,457
Total Revenue per Form 990
$6,380,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,420,137
Other Expenses$2,888,651
Grants and Similar Amounts Paid$49,817
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,019,192$123,995-$2,143,187
Other Employee Benefits$448,881$26,325-$475,206
Current Officers, Directors, Trustees, and Key Employees$382,536$26,255-$408,791
Office Expenses$333,903$26,298-$360,201
Travel$212,797$5,365-$218,162
Advertising$210,808$1,022-$211,830
Pension Plan Contributions$188,381$9,457-$197,838
Payroll Taxes$185,788$9,327-$195,115
Other Expenses$187,106$264-$187,370
All Other Expenses$178,160$5,384-$183,544
Fees for Services Other$124,900$11,353-$136,253
Grants to Domestic Orgs$49,817--$49,817
Depreciation Depletion$41,987$3,652-$45,639
Fees for Services Accounting-$24,300-$24,300
Total Functional Expenses$6,084,170$274,435$0$6,358,605

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,560,677
Expenses per Audited Statements$6,358,605
Total Expenses per Form 990$6,358,605
Expenses Not Reported on Form 990$202,072
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$193,211
Fundraising Gross Income$148,806
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$399,674$148,806$113,464$35,342
Total Events$399,674$148,806$193,211$-44,405
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
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the board's past chairman and audit committee chair before it is sent to the irs.

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

The board of trustee members sign the conflict of interest policy every year.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of trustees decides the ceo's salary.

Form 990, Page 6, Part VI, Line 15B

Ceo decides all the other employee's salaries. About every 3-4 years the association contracts with an outside hr firm to do a salary study as well as consults the published salaries for the institute as a basis for setting employee's salaries.

Form 990, Page 6, Part VI, Line 19

The georgia tech alumni association does not make any of these documents public. The financial information can be obtained through the form 990. The form 990 is available upon request at the alumni association.

Filing and Contact Details

Filer

EIN
58-0634853
Phone
4048942391

Signing Officer

Name
Joseph P Irwin
Title
President
Phone
4048942391
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph P Irwin
Formed
1908
Legal Domicile
Ga
Voting Board Members
44
Independent Board Members
44
Employees
52
Volunteers
800

Preparer

Preparer
Jack L Mcginnis
Phone
4045314940
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the georgia tech alumni association is to promote and serve our alumni and the institute. We will continually create relevant and meaningful programs for current and future alumni to foster lifelong participation and philanthropic support. We will communicate the achievements of the institute and our alumni, maintain its traditions and engage the campus community. Underlying all that we do is the belief in the value of education, the commitment to integrity and exceptional customer service and a pledge that we will perform in a fiscally responsible manner.

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

Alumni relations: manages alumni constituency groups. The association's 80 georgia tech networks provide opportunities for alumni to socialize, recruit students, raise funds and network. Campus relations: responsible for activities facilitating and promoting interaction among students, alumni, parents and friends of georgia tech. This includes working with approximately 50 organizations on campus and sponsorship of campus events. Career services: provides career advisement, job postings, career-building workshops, the annual alumni career fair and continuing education for alumni. Marketing services: conducts research among the alumni base to help shape the association's strategies and planning. Also manages www.gtalumni.org, the alumni association's website.

Form 990, Part XI, Line 9

Cost of goods sold 8,861 special event expenses 193,211 cost of goods sold -8,861 special event expenses -193,211

Financial Statement Notes

Schedule D, Page 3, Part X

The association qualifies as a tax-exempt organization under internal revenue code section 501(c)(3). However, the association also has certain unrelated business income that is subject to unrelated business income tax. Historically, the costs associated with the unrelated business income have exceeded the revenue generated. Accordingly, no provision for federal and state income taxes is required. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the association to determine if the association has taken an uncertain position that more- likely-than-not would be sustained upon examination by a taxing authority. The association believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that would be material. The associations income tax returns are subject to examination by the appropriate regulatory authorities. The associations federal tax returns remain open for the last three (3) years.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 8,861 special event expenses 193,211

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 8,861 special event expenses 193,211

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

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd31X
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IRS990/Form990PartVIISectionAGrp/PersonNm1WALTER G EHMER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT N STARGEL JR
IRS990/Form990PartVIISectionAGrp/PersonNm3BENTON J MATHIS JR
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID A BOTTOMS
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC L PINCKNEY SR
IRS990/Form990PartVIISectionAGrp/PersonNm6SHERYL S PRUCKA
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES E TRIMBLE JR
IRS990/Form990PartVIISectionAGrp/PersonNm8STANLEY E ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9J PAUL AUSTIN
IRS990/Form990PartVIISectionAGrp/PersonNm10NATHAN BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm11JENI S BOGDAN
IRS990/Form990PartVIISectionAGrp/PersonNm12ARTHUR O BRANNEN
IRS990/Form990PartVIISectionAGrp/PersonNm13FRED H CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm14RALPH CLEVELAND JR
IRS990/Form990PartVIISectionAGrp/PersonNm15SEAN L CORCORAN
IRS990/Form990PartVIISectionAGrp/PersonNm16C RICHARD CRUTCHFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm17RICHARD DEAUGUSTINIS
IRS990/Form990PartVIISectionAGrp/PersonNm18A RAY DOUGLAS JR
IRS990/Form990PartVIISectionAGrp/PersonNm19JEANENE FOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm20RICK L GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm21NICOLETTE A GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm22JOHN T HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm23RUSSELL H HEIL
IRS990/Form990PartVIISectionAGrp/PersonNm24TIMOTHY A HEILIG
IRS990/Form990PartVIISectionAGrp/PersonNm25THOMAS N HERRINGTON JR
IRS990/Form990PartVIISectionAGrp/PersonNm26JUSTIN C HONAMAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm27TRACEY K JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm28JULIE SUMERFORD JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm29ANDREA L LALIBERTE
IRS990/Form990PartVIISectionAGrp/PersonNm30JUDY W LIAW
IRS990/Form990PartVIISectionAGrp/PersonNm31ERRIKA N MALLETT
IRS990/Form990PartVIISectionAGrp/PersonNm32MICHELLE D MASON
IRS990/Form990PartVIISectionAGrp/PersonNm33JAMES L MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm34TYRONE MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm35WHITNEY S OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm36ANU PARVATIYAR
IRS990/Form990PartVIISectionAGrp/PersonNm37MICHAEL JOHN RAFFERTY JR
IRS990/Form990PartVIISectionAGrp/PersonNm38MICHAEL J ROONEY
IRS990/Form990PartVIISectionAGrp/PersonNm39LESLIE R SIBERT
IRS990/Form990PartVIISectionAGrp/PersonNm40TYLER A TOWNSEND
IRS990/Form990PartVIISectionAGrp/PersonNm41ELIZABETH BULAT TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm42ELIZABETH H WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm43S BRENT ZELNAK
IRS990/Form990PartVIISectionAGrp/PersonNm44JOSEPH P IRWIN
IRS990/Form990PartVIISectionAGrp/PersonNm45ALLISON HICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm46JAMES SHEA
IRS990/Form990PartVIISectionAGrp/PersonNm47KARA PETRACEK
IRS990/Form990PartVIISectionAGrp/PersonNm48LEN CONTARDO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt410
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt480
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER AT LA
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$2.26$2.19$8.00$8.09$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.33$1.13$2.19$7.63$7.92$0.29
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$1.22$2.42$7.45$7.55$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.31$0.81$2.50$6.88$7.04$0.16
2021Detailed filing. Detailed filing data is available for this year.$3.19$0.56$2.63$7.94$6.26$1.68
2020Detailed filing. Detailed filing data is available for this year.$2.12$1.17$0.95$6.57$6.14$0.43
2019Detailed filing. Detailed filing data is available for this year.$1.31$0.78$0.52$6.66$6.78$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.66$0.64$6.96$6.57$0.39
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.59$0.25$7.01$6.83$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.75$0.07$6.78$6.61$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.55$0.11$6.79$6.82$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.52$0.07$6.38$6.36$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.38$0.10$5.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.46$0.05$6.16
2011Summary only. Only limited summary data is available for this year.$0.85$0.45$0.40$6.20$6.20$0.00