Civic Intelligence

Georgia Independent College Association

EIN 58-0684740 • 501(c)3 • Atlanta, GA

View Organization Page

Profile

Georgia Independent College Association, Inc ("GICA") f/k/a Georgia Foundation for Independent Colleges, Inc. ("GFIC") supports private higher education in Georgia in the areas of public policy, increased public awareness, fund raising for student financial aid, and collaborative projects, in partnership with institutions, business and community leaders.

50 Hurt Plaza 655Atlanta, GA 30303

www.georgiacolleges.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

13th percentile

0.01x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.04x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$277,146

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

57th percentile

6.6%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

48%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$20,083,372

Up $1,237,739 (+6.6%) from 2023

Liabilities

Up

$115,526

Up $49,853 (+76%) from 2023

Net Assets

Up

$19,967,846

Up $1,187,886 (+6.3%) from 2023

Operations
Liabilities / Revenue18th percentileNet Margin82nd percentile

Revenue

Up

$3,026,599

Up $976,957 (+48%) from 2023

Expenses

Up

$2,049,492

Up $190,996 (+10%) from 2023

Net Income

Up

$977,107

Up $785,961 (+411%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $10,385,910Liabilities 2011: $104,440Net Assets 2011: $10,281,4702011Assets 2012: $11,341,296Liabilities 2012: $225,158Net Assets 2012: $11,116,1382012Assets 2013: $13,365,873Liabilities 2013: $115,054Net Assets 2013: $13,250,8192013Assets 2014: $13,846,963Liabilities 2014: $82,410Net Assets 2014: $13,764,5532014Assets 2015: $12,578,177Liabilities 2015: $70,173Net Assets 2015: $12,508,0042015Assets 2016: $13,637,201Liabilities 2016: $60,605Net Assets 2016: $13,576,5962016Assets 2017: $15,023,497Liabilities 2017: $71,165Net Assets 2017: $14,952,3322017Assets 2018: $13,933,968Liabilities 2018: $67,856Net Assets 2018: $13,866,1122018Assets 2019: $16,802,861Liabilities 2019: $54,416Net Assets 2019: $16,748,4452019Assets 2020: $17,862,193Liabilities 2020: $412,150Net Assets 2020: $17,450,0432020Assets 2021: $19,581,572Liabilities 2021: $26,624Net Assets 2021: $19,554,9482021Assets 2022: $17,834,466Liabilities 2022: $69,989Net Assets 2022: $17,764,4772022Assets 2023: $18,845,633Liabilities 2023: $65,673Net Assets 2023: $18,779,9602023Assets 2024: $20,083,372Liabilities 2024: $115,526Net Assets 2024: $19,967,8462024

Highlighted filing

2024

Assets$20,083,372
Liabilities$115,526
Net Assets$19,967,846
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $1,488,5112011Expenses 2012: $1,375,7812012Revenue 2013: $2,122,325Expenses 2013: $1,702,886Net Income 2013: $419,4392013Revenue 2014: $2,357,647Expenses 2014: $1,795,471Net Income 2014: $562,1762014Revenue 2015: $1,917,895Expenses 2015: $1,789,218Net Income 2015: $128,6772015Revenue 2016: $2,410,723Expenses 2016: $1,829,609Net Income 2016: $581,1142016Revenue 2017: $2,529,056Expenses 2017: $1,892,991Net Income 2017: $636,0652017Revenue 2018: $2,578,924Expenses 2018: $1,840,124Net Income 2018: $738,8002018Revenue 2019: $2,765,853Expenses 2019: $1,851,510Net Income 2019: $914,3432019Revenue 2020: $2,371,071Expenses 2020: $1,667,685Net Income 2020: $703,3862020Revenue 2021: $3,001,515Expenses 2021: $1,691,762Net Income 2021: $1,309,7532021Revenue 2022: $2,521,058Expenses 2022: $1,771,287Net Income 2022: $749,7712022Revenue 2023: $2,049,642Expenses 2023: $1,858,496Net Income 2023: $191,1462023Revenue 2024: $3,026,599Expenses 2024: $2,049,492Net Income 2024: $977,1072024

Highlighted filing

2024

Revenue$3,026,599
Expenses$2,049,492
Net Income$977,107
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$20,083,372
Liabilities
$115,526
Net assets
$19,967,846
Revenue
$3,026,599
Expenses
$2,049,492
Net income
$977,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$0.12$20.0$3.03$2.05$0.98
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$0.07$18.8$2.05$1.86$0.19
2022Detailed filing. Detailed filing data is available for this year.$17.8$0.07$17.8$2.52$1.77$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$0.03$19.6$3.00$1.69$1.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$0.41$17.5$2.37$1.67$0.70
2019Detailed filing. Detailed filing data is available for this year.$16.8$0.05$16.7$2.77$1.85$0.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$0.07$13.9$2.58$1.84$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.07$15.0$2.53$1.89$0.64
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$0.06$13.6$2.41$1.83$0.58
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$0.07$12.5$1.92$1.79$0.13
2014Detailed filing. Detailed filing data is available for this year.$13.8$0.08$13.8$2.36$1.80$0.56
2013Detailed filing. Detailed filing data is available for this year.$13.4$0.12$13.3$2.12$1.70$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.23$11.1$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.10$10.3$1.49
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$4,030,994
Mission and Program Overview

Mission

Georgia Independent College Association, Inc ("GICA") f/k/a Georgia Foundation for Independent Colleges, Inc. ("GFIC") supports private higher education in Georgia in the areas of public policy, increased public awareness, fund raising for student financial aid, and collaborative projects, in partnership with institutions, business and community leaders.

To raise awareness of georgia's private, liberal arts colleges and universities; to influence public policy in support of higher education in georgia; to secure funds and other gifts for the benefit of the member institutions and their students; to promote the member institutions as distinct alternatives in higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,002,782$16,299,902▼ $1,702,880
Cash and Non-Interest-Bearing Accounts$533,639$628,604▲ $94,965
Pledges and Grants Receivable-$57,400-
Accounts Receivable$64,298$25,659▼ $38,639
Prepaid Expenses and Deferred Charges$12,378$15,771▲ $3,393
Land, Buildings, and Equipment, Net$799$2,071▲ $1,272
Total Assets$19,581,572$17,834,466▼ $1,747,106
Other Assets Total$967,676$805,059▼ $162,617
Liabilities
Other Liabilities$0$48,458▲ $48,458
Accounts Payable and Accrued Expenses$21,624$16,531▼ $5,093
Deferred Revenue$5,000$5,000→ $0
Total Liabilities$26,624$69,989▲ $43,365
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,603,121$14,833,975▼ $1,769,146
Net Assets Without Donor Restrictions$2,951,827$2,930,502▼ $21,325
Total Net Assets Fund Balance$19,554,948$17,764,477▼ $1,790,471
Total Liabilities and Net Assets / Fund Balance$19,581,572$17,834,466▼ $1,747,106

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,071$3,596$5,667

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$18,002,782$0▼ $1,056,351-$16,299,902
2021$16,030,963$95,665▲ $2,490,544-$18,002,782
2020$15,444,227$35,000▲ $1,140,480-$16,030,963
2019$12,512,241$250,000▲ $3,264,187-$15,444,227
2018$13,602,037-▼ $628,999-$12,512,241
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jenna ColvinPresidentFT$216,688$49,054$265,742
Lisa MackeVice PresidentFT$98,126$43,668$141,794

Board Members and Trustees

NameTitle
Drew Van HornChair
Leocadia I ZakVice Chair
Anne SkelderTrustee
Bharath ParthasarathyTrustee
Charlie HarmanTrustee
David ThomasTrustee
Dean CollinsTrustee
Donald DowlessTrustee
Emir CanerTrustee
Gregory FenvesTrustee
Helene GayleTrustee
Howard MosbyTrustee
J Derek HalvorsonTrustee
James F MellichampTrustee
Jimmy FlemingTrustee
Linda BuchananTrustee
Meaghan BlightTrustee
Rob ScottTrustee
Robert MyersTrustee
Ronald G WhiteTrustee
Steve EcholsTrustee
Susanna BaxterTrustee
William D UnderwoodTrustee
Andy SheppardAt Large
Antonio MolinaAt Large
George FrenchAt Large
John ColemanAt Large
Kevin TannerAt Large
Mark RobertsAt Large
Nancy JuneauAt Large
Nicholas LadanyAt Large
Stephen R BriggsAt Large
Keith H ShurbuttTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,030,660
Program Service Revenue
$205,685
Investment Income
$1,284,713
Other Revenue
$0
All Other Contributions
$158,875
Change in Net Assets
$749,771

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,457,882
Revenue Not Reported on Financial Statements
$63,176
Revenue Not Reported on Form 990
$-2,526,242
Total Revenue per Audited Statements
$-68,360
Total Revenue per Form 990
$2,521,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$637,692
Salaries, Compensation, and Employee Benefits$618,877
Other Expenses$514,718
Total Fundraising Expense$18,591
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$637,692--$637,692
Current Officers, Directors, Trustees, and Key Employees$281,275$59,770$10,548$351,593
Other Salaries and Wages$110,538$24,544$2,613$137,695
Fees for Services Other$34,596$58,290-$92,886
Other Employee Benefits$69,618$14,994$2,320$86,932
Fees for Services Lobbying$70,726--$70,726
Fees for Service Investment Mgmnt Fees-$63,176-$63,176
Conferences and Meetings$48,154$14,292$197$62,643
Payroll Taxes$25,467$5,485$849$31,801
Travel$25,290$1,795$83$27,168
Occupancy$15,089$6,562$670$22,321
Information Technology$11,370$5,644$439$17,453
Pension Plan Contributions$8,720$1,953$183$10,856
Office Expenses$4,135$5,800$129$10,064
Insurance$2,068$3,441$19$5,528
Fees for Services Accounting$5,509--$5,509
Other Expenses$4,325$506$500$4,325
All Other Expenses$1,528--$1,528
Depreciation Depletion$913$397$41$1,351
Total Functional Expenses$1,481,620$271,076$18,591$1,771,287

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,771,287
Total Expenses per Audited Statements$1,722,111
Expenses per Audited Statements$1,708,111
Expenses Not Reported on Financial Statements$63,176
Expenses Not Reported on Form 990$14,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mercer UniversityMacon, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$113,433
Berry CollegeMount Berry, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$69,527
Oglethorpe UniversityAtlanta, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$67,148
Brenau UniversityGainseville, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$61,526
Piedmont CollegeDemorest, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$58,891
Shorter UniversityRome, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$58,070
Agnes Scott CollegeDecatur, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$53,732
Lagrange CollegeLagrange, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$50,324
Wesleyan CollegeMacon, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$48,206
Truett Mcconnell UniversityCleveland, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$7,828
Emory UniversityAtlanta, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$6,214
Reinhardt UniversityWaleska, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$5,681
Spelman CollegeAtlanta, GA501(c)(3)To Provide Support for Private Colleges and Universities in Georgia$5,328
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$48,458
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Section A, Line 6

“Members are assessed dues in accordance with the association's member dues policy which states all members are assessed dus to support the annual operating budget. The association had 24 member colleges and universities at december 31, 2022.”

Form 990, Part VI, Section A, Line 7A

“The executive committee elects both member institutions and corporate civic board members to the finance committee.”

Form 990, Part VI, Section B, Line 11B

“Prior to filing form 990, gica's management is provided an electronic copy of the form 990. First, the finance committee reviews the form 990 and subsequently forwards it to the executive committee for their review. Finally, the form 990 is reviewed by the full board. Questions and comments are resolved to the satisfaction of management and the board.”

Form 990, Part VI, Section B, Line 12C

“All staff and board members sign the conflict of interest statement annually.”

Form 990, Part VI, Section B, Line 15

“Gica's compensation for all personnel is reviewed and approved by its executive committee. This procedure is completed in the annual budgeting process. The budget is discussed and approved at the board meetings and documented in the minutes. The organization participates in an extensive national compensation survey of similar organizations and receives the data annually to be able to use it for comparative purposes. The survey is reviewed and utilized for the purpose of setting the current president's salary.”

Form 990, Part VI, Section C, Line 19

“The gica's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Georgia Independent College
EIN
58-0684740
Phone
4042335433
Address
50 HURT PLAZA 655, ATLANTA, GA 30303

Signing Officer

Name
Jenna Colvin
Title
President
Phone
4042335433
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenna Colvin
Formed
1956
Legal Domicile
Ga
Voting Board Members
33
Independent Board Members
33
Employees
5
Volunteers
33

Preparer

Firm
Carr Riggs & Ingram LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Tiffany T Orr CPA
Phone
7703948000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Under section 501(c)(3) of the internal revenue code, georgia independent college association, inc. Is exempt from taxes on income other than unrelated business income. Gica does not have any unrelated business income. Gica utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of fasb asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2022 and 2021, gica has no uncertain tax positions that qualify for recognition or disclosure in the financial statements.”

Part V Line 4

“Gica's endowment consists of 16 donor-restricted funds established for the benefit of the member institutions of gica in accordance with stipulations of the various donors. In addition, gica has one board designated endowment. Gica's policy requires that 4.25% of the endowment's rolling 12 quarter average market value will be determined and distributed semi-annually to support the appropriate member institutions and to pay the fees and expenses associated with the fund.”

Raw XML AppendixShowing 400 of 1,130 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021624
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016531
IRS990/AccountsReceivableGrp/BOYAmt064298
IRS990/AccountsReceivableGrp/EOYAmt025659
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO RAISE AWARENESS OF GEORGIA'S PRIVATE, LIBERAL ARTS COLLEGES AND UNIVERSITIES; TO INFLUENCE PUBLIC POLICY IN SUPPORT OF HIGHER EDUCATION IN GEORGIA; TO SECURE FUNDS AND OTHER GIFTS FOR THE BENEFIT OF THE MEMBER INSTITUTIONS AND THEIR STUDENTS; TO PROMOTE THE MEMBER INSTITUTIONS AS DISTINCT ALTERNATIVES IN HIGHER EDUCATION.
IRS990/AllOtherContributionsAmt0158875
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01528
IRS990/AllOtherExpensesGrp/TotalAmt01528
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNA COLVIN
IRS990/BooksInCareOfDetail/PhoneNum04042335433
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 HURT PLAZA 655
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030303
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0533639
IRS990/CashNonInterestBearingGrp/EOYAmt0628604
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010548
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt059770
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0281275
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0351593
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0197
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt014292
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt048154
IRS990/ConferencesMeetingsGrp/TotalAmt062643
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01030660
IRS990/CYGrantsAndSimilarPaidAmt0637692
IRS990/CYInvestmentIncomeAmt01284713
IRS990/CYOtherExpensesAmt0514718
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0205685
IRS990/CYRevenuesLessExpensesAmt0749771
IRS990/CYSalariesCompEmpBnftPaidAmt0618877
IRS990/CYTotalExpensesAmt01771287
IRS990/CYTotalFundraisingExpenseAmt018591
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02521058
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt05000
IRS990/DeferredRevenueGrp/EOYAmt05000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt041
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0397
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0913
IRS990/DepreciationDepletionGrp/TotalAmt01351
IRS990/Desc0GRANTS AND ALLOCATIONS: IN ACCORDANCE WITH THE EXECUTIVE COMMITTEE APPROVED DISTRIBUTION OF FUNDS POLICY OF GICA, ALL UNDESIGNATED FUNDS ARE DISTRIBUTED 60 PERCENT EQUALLY TO THE MEMBER COLLEGES AND 40 PERCENT TO SUCH COLLEGES IN PROPORTION TO TOTAL REGULAR, FULL-TIME UNDERGRADUATE ENROLLMENT IN THE COLLEGES OF ARTS AND SCIENCES. DESIGNATED FUNDS ARE DISTRIBUTED TO THE COLLEGES SPECIFIED BY THE DONOR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
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IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014833975
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01366063
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05509
IRS990/FeesForServicesAccountingGrp/TotalAmt05509
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt070726
IRS990/FeesForServicesLobbyingGrp/TotalAmt070726
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt058290
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt034596
IRS990/FeesForServicesOtherGrp/TotalAmt092886
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt063176
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt063176
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/MissionDesc0GEORGIA INDEPENDENT COLLEGE ASSOCIATION, INC ("GICA") SUPPORTS PRIVATE HIGHER EDUCATION IN GEORGIA IN THE AREAS OF PUBLIC POLICY, INCREASED PUBLIC AWARENESS, FUND RAISING FOR STUDENT FINANCIAL AID, AND COLLABORATIVE PROJECTS, IN PARTNERSHIP WITH INSTITUTIONS, BUSINESS AND COMMUNITY LEADERS.
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