Civic Intelligence

Chattahoochee Tech Foundation Inc.

990 • Fiscal year 2017 • EIN 58-1684206

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 16, 2018

980 South Cobb Drive Building AMarietta, GA 30060

(770) 528-4461

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Up

$1,519,026

Up $151,221 (+11%) from 2016

Net Assets

Up

$1,519,026

Up $151,221 (+11%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$287,693

Up $360,475 (+495%) from 2016

Expenses

Up

$243,652

Up $67,268 (+38%) from 2016

Net Income

Up

$44,041

Up $293,207 (+118%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $945,102Liabilities 2010: $141,974Net Assets 2010: $803,1282010Assets 2011: $1,737,789Liabilities 2011: $242,466Net Assets 2011: $1,495,3232011Assets 2012: $1,780,139Liabilities 2012: $309,387Net Assets 2012: $1,470,7522012Assets 2013: $1,675,642Liabilities 2013: $137,314Net Assets 2013: $1,538,3282013Assets 2014: $1,605,863Liabilities 2014: $19,414Net Assets 2014: $1,586,4492014Assets 2016: $1,367,805Liabilities 2016: $0Net Assets 2016: $1,367,8052016Assets 2017: $1,519,026Liabilities 2017: $0Net Assets 2017: $1,519,0262017Assets 2018: $1,667,917Liabilities 2018: $0Net Assets 2018: $1,667,9172018Assets 2019: $1,813,459Liabilities 2019: $0Net Assets 2019: $1,813,4592019Assets 2020: $2,050,607Liabilities 2020: $12,550Net Assets 2020: $2,038,0572020Assets 2021: $2,446,219Liabilities 2021: $0Net Assets 2021: $2,446,2192021Assets 2022: $2,621,930Liabilities 2022: $0Net Assets 2022: $2,621,9302022

Highlighted filing

2017

Assets$1,519,026
Liabilities$0
Net Assets$1,519,026

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $131,6252010Expenses 2011: $241,3762011Expenses 2012: $218,6622012Revenue 2013: $227,936Expenses 2013: $160,360Net Income 2013: $67,5762013Revenue 2014: $405,627Expenses 2014: $357,949Net Income 2014: $47,6782014Revenue 2016: -$72,782Expenses 2016: $176,384Net Income 2016: -$249,1662016Revenue 2017: $287,693Expenses 2017: $243,652Net Income 2017: $44,0412017Revenue 2018: $398,141Expenses 2018: $312,410Net Income 2018: $85,7312018Revenue 2019: $332,245Expenses 2019: $238,196Net Income 2019: $94,0492019Revenue 2020: $520,933Expenses 2020: $233,227Net Income 2020: $287,7062020Revenue 2021: $629,747Expenses 2021: $221,585Net Income 2021: $408,1622021Revenue 2022: $620,429Expenses 2022: $185,767Net Income 2022: $434,6622022

Highlighted filing

2017

Revenue$287,693
Expenses$243,652
Net Income$44,041
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 16, 2018
Return Version
2016v3.0
Gross Receipts
$287,693
Mission and Program Overview

Mission

The mission of chattahoochee tech foundation, inc. Is to actively promote chattahoochee technical college, support its students, faculty and staff, and provide supplemental funding for the institute by working in partnership with individuals, business and industry, and the community to provide a well-trained, highly skilled workforce which can: support new and existing industry, satisfy constantly changing economic and technical needs, enrich the quality of life, add value to the entire community, and enhance the economic development of north central georgia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$817,373$928,553▲ $111,180
Savings and Temporary Cash Investments$455,012$495,053▲ $40,041
Land, Buildings, and Equipment, Net$95,420$95,420→ $0
Total Assets$1,367,805$1,519,026▲ $151,221
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$610,437$605,562▼ $4,875
Permanently Rstr Net Assets$426,701$514,823▲ $88,122
Temporarily Rstr Net Assets$330,667$398,641▲ $67,974
Total Net Assets Fund Balance$1,367,805$1,519,026▲ $151,221
Total Liabilities and Net Assets / Fund Balance$1,367,805$1,519,026▲ $151,221

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$79,965--
Land$15,455--
Other Securities$928,553--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don F BarbourChair
Jason AnavitarteVice Chair
Allison Krache GiddensBoard Memeber
Bill BordenBoard Memeber
Darion DunnBoard Memeber
Ford ThigpenBoard Memeber
Jason SleemanBoard Memeber
Lee JohnsonBoard Memeber
Mark GoodmanBoard Memeber
Max CaylorBoard Memeber
Randy GravleyBoard Memeber
Sloane N EvansBoard Memeber
Mark GoddardSecretary
Susan StephensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$280,319
Program Service Revenue
$0
Investment Income
$1,674
Other Revenue
$5,700
All Other Contributions
$280,319
Change in Net Assets
$44,041

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 AmountValuation Method
Other Non Cash Contri Table16$25,482Fair Market Value (FMV)
Total Noncash Contributions16$25,482-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$127,321
Other Expenses$116,331
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$127,321--$127,321
Fees for Services Accounting-$21,194-$21,194
Conferences and Meetings$12,697--$12,697
Insurance-$2,412-$2,412
Other Expenses$3,029$2,060-$2,060
All Other Expenses$785$155-$940
Office Expenses-$255-$255
Total Functional Expenses$203,686$39,966$0$243,652
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section B, Line 11B

AVAILABLE UPON REQUEST

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

Board members complete and sign a questionaire regarding board independence and family relationships.

Form 990, Part VI, Section C, Line 19

A copy of form 990 for the foundation is available upon request.

Filing and Contact Details

Filer

Filer Name
Chattahoochee Tech Foundation Inc
EIN
58-1684206
Phone
7705284461
Address
980 SOUTH COBB DRIVE BUILDING A, MARIETTA, GA 30060

Signing Officer

Name
Don F Barbour
Title
Chairman
Phone
7705284461
Signed
2018-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don F Barbour
Formed
1985
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Nichols Cauley & Associates LLC
Address
1825 BARRETT LAKES BLVD NW SUITE, 200, KENNESAW, GA 30144
Preparer
DENISE A O'CONNELL
Phone
7704220598
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

The organization received works of art from chattahoochee technical college foundation inc in 2011 as part of assets transferred. The art is displayed in a marietta gallery and the campus of chattahoochee technical college and it supports the art program of the college.

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IRS990/PYInvestmentIncomeAmt0-319342
IRS990/PYOtherExpensesAmt061983
IRS990/PYOtherRevenueAmt020986
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-249166
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0176384
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-72782
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt044041
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05700
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0455012
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0495053
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0280319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0225574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt085673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0236790
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0211617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01039973
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07374
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt040331
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032324
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt049002
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0191933
IRS990ScheduleA/PublicSupportCY170Pct00.84420
IRS990ScheduleA/PublicSupportPY170Pct00.79800
IRS990ScheduleA/PublicSupportTotal170Amt01039973
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0280319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0225574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt085673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0236790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0211617
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01039973
IRS990ScheduleA/TotalSupportAmt01231906
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/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt079965
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/LandGrp/BookValueAmt015455
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt015455
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt079965
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt079965
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0928553
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SUNTRUST POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVED WORKS OF ART FROM CHATTAHOOCHEE TECHNICAL COLLEGE FOUNDATION INC IN 2011 AS PART OF ASSETS TRANSFERRED. THE ART IS DISPLAYED IN A MARIETTA GALLERY AND THE CAMPUS OF CHATTAHOOCHEE TECHNICAL COLLEGE AND IT SUPPORTS THE ART PROGRAM OF THE COLLEGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt095420
IRS990ScheduleD/TotalBookValueSecuritiesAmt0928553
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0127321
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT ASSISTANCE PROGRAMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REVIEWS APPLICATIONS FOR SCHOLARSHIPS AND SELECTS RECEPIENTS BASED ON VARIOUS CRITERIA INCLUDING USE OF THE FUNDS THE RECIPIENTS NEED TO SUBSTANTIATE THE INTENDED USE OF THE SCHOLARSHIP MONEY IS DISBURSED TO RECIPIENTS, THE FOUNDATION DOES NOT FURTHER MONITOR ITS USE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt016
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MISCELLANEOUS ITEMS & EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt025482
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS COMPLETE AND SIGN A QUESTIONAIRE REGARDING BOARD INDEPENDENCE AND FAMILY RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 FOR THE FOUNDATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0330667
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0398641
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01367805
IRS990/TotalAssetsEOYAmt01519026
IRS990/TotalAssetsGrp/BOYAmt01367805
IRS990/TotalAssetsGrp/EOYAmt01519026
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0280319
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203686
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243652
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01367805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01519026
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203686
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07374
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0287693
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01367805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01519026
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0610437
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0605562
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0980 SOUTH COBB DRIVE BUILDING A
IRS990/USAddress/CityNm0MARIETTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030060
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.00$2.62$0.62$0.19$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.00$2.45$0.63$0.22$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.01$2.04$0.52$0.23$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.00$1.81$0.33$0.24$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$0.40$0.31$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.29$0.24$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.07$0.18$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.02$1.59$0.41$0.36$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.68$0.14$1.54$0.23$0.16$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.31$1.47$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.24$1.50$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.14$0.80$0.13