Civic Intelligence

Columbus Technical Institute Foundation Inc.

990 • Fiscal year 2024 • EIN 58-1873978

Jul 01, 2023 to Jun 30, 2024 • Filed on May 13, 2025

928 Manchester ExpresswayColumbus, GA 31904

(706) 649-1016

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.14x

Higher debt load relative to assets than 53% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.34x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$191,351

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

49%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,963,454

Up $1,529,981 (+28%) from 2023

Net Assets

Up

$5,955,841

Up $1,504,242 (+34%) from 2023

Liabilities

Up

$1,007,613

Up $25,739 (+2.6%) from 2023

Revenue

Up

$2,949,012

Up $966,840 (+49%) from 2023

Expenses

Up

$1,527,631

Up $839,556 (+122%) from 2023

Net Income

Up

$1,421,381

Up $127,284 (+9.8%) from 2023

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $2,384,251Liabilities 2012: $11,500Net Assets 2012: $2,372,7512012Assets 2013: $2,259,051Liabilities 2013: $30,867Net Assets 2013: $2,228,1842013Assets 2014: $2,448,686Liabilities 2014: $83,660Net Assets 2014: $2,365,0262014Assets 2015: $2,395,468Liabilities 2015: $17,018Net Assets 2015: $2,378,4502015Assets 2016: $2,420,713Liabilities 2016: $8,167Net Assets 2016: $2,412,5462016Assets 2017: $2,680,131Liabilities 2017: $4,857Net Assets 2017: $2,675,2742017Assets 2018: $2,841,520Liabilities 2018: $6,566Net Assets 2018: $2,834,9542018Assets 2019: $2,903,437Liabilities 2019: $8,967Net Assets 2019: $2,894,4702019Assets 2020: $3,884,622Liabilities 2020: $988,640Net Assets 2020: $2,895,9822020Assets 2021: $4,646,266Liabilities 2021: $1,007,492Net Assets 2021: $3,638,7742021Assets 2022: $3,965,073Liabilities 2022: $1,007,040Net Assets 2022: $2,958,0332022Assets 2023: $5,433,473Liabilities 2023: $981,874Net Assets 2023: $4,451,5992023Assets 2024: $6,963,454Liabilities 2024: $1,007,613Net Assets 2024: $5,955,8412024Assets 2025: $14,397,301Liabilities 2025: $1,067,462Net Assets 2025: $13,329,8392025

Highlighted filing

2024

Assets$6,963,454
Liabilities$1,007,613
Net Assets$5,955,841

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $367,046Expenses 2012: $703,781Net Income 2012: -$336,7352012Revenue 2013: $554,740Expenses 2013: $699,307Net Income 2013: -$144,5672013Revenue 2014: $265,827Expenses 2014: $125,389Net Income 2014: $140,4382014Revenue 2015: $204,036Expenses 2015: $163,684Net Income 2015: $40,3522015Revenue 2016: $181,664Expenses 2016: $122,657Net Income 2016: $59,0072016Revenue 2017: $229,691Expenses 2017: $152,900Net Income 2017: $76,7912017Revenue 2018: $461,064Expenses 2018: $284,366Net Income 2018: $176,6982018Revenue 2019: $236,072Expenses 2019: $262,962Net Income 2019: -$26,8902019Revenue 2020: $317,867Expenses 2020: $212,800Net Income 2020: $105,0672020Revenue 2021: $568,822Expenses 2021: $247,211Net Income 2021: $321,6112021Revenue 2022: $707,579Expenses 2022: $871,276Net Income 2022: -$163,6972022Revenue 2023: $1,982,172Expenses 2023: $688,075Net Income 2023: $1,294,0972023Revenue 2024: $2,949,012Expenses 2024: $1,527,631Net Income 2024: $1,421,3812024Revenue 2025: $7,910,233Expenses 2025: $602,086Net Income 2025: $7,308,1472025

Highlighted filing

2024

Revenue$2,949,012
Expenses$1,527,631
Net Income$1,421,381
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$2,949,012
Mission and Program Overview

Mission

To provide support to and advocate for the educational experience and expansion of the educational opportunities of columbus technical college by means of volunteer leadership and assistance in development and fundraising activities; fiduciary care of the foundation's assets for the long-term benefit and enhancement of columbus technical college; and the provision of broad advice, consultation and support to the president of columbus technical college.

The foundation's mission is to provide support and to advocate for the educational experience and expansion of educational opportunities of columbus technical college by means of volunteer leadership and assistance in development and fundraising activities, to assume fiduciary care of the foundation's assets for the long-term benefit and enhancement of columbus technical college, and to provide broad advice, consultation and support to the president of columbus technical college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,130,456$2,159,166▲ $28,710
Savings and Temporary Cash Investments$942,612$2,117,123▲ $1,174,511
Pledges and Grants Receivable$1,237,867$1,533,653▲ $295,786
Land, Buildings, and Equipment, Net$1,117,014$1,099,767▼ $17,247
Cash and Non-Interest-Bearing Accounts$3,818$51,127▲ $47,309
Accounts Receivable-$1,800-
Other Notes and Loans Receivable, Net$1,706$818▼ $888
Total Assets$5,433,473$6,963,454▲ $1,529,981
Liabilities
Mortgage Notes Payable Secured by Investment Property$973,331$940,558▼ $32,773
Accounts Payable and Accrued Expenses$8,543$40,747▲ $32,204
Deferred Revenue-$14,308-
Other Liabilities$0$12,000▲ $12,000
Total Liabilities$981,874$1,007,613▲ $25,739
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,485,509$4,919,741▲ $1,434,232
Net Assets Without Donor Restrictions$966,090$1,036,100▲ $70,010
Total Net Assets Fund Balance$4,451,599$5,955,841▲ $1,504,242
Total Liabilities and Net Assets / Fund Balance$5,433,473$6,963,454▲ $1,529,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$789,943$58,655$848,598
Land$260,767-$260,767
Other Land Buildings$49,057$17,684$66,741
Leasehold Improvements$0$22,890$22,890

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$326,237$25,000▲ $36,272-$326,237
2022$279,237$47,000▲ $4,790-$326,237
2021$179,237$100,000▲ $93-$279,237
2020$179,237-▲ $49-$179,237
2019$179,237-▲ $3,661-$179,237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Susan SealyExecutive DirectorFT$76,653$76,653

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,684,877
Program Service Revenue
$0
Investment Income
$236,744
Other Revenue
$27,391
All Other Contributions
$2,684,877
Change in Net Assets
$1,421,381

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
Securities Publicly Traded3$266,820Fair Market Value (FMV)
Cars and Other Vehicles4$49,633Fair Market Value (FMV)
Other Non Cash Contri Table1$25,000Fair Market Value (FMV)
Other Non Cash Contri Table1$8,475Fair Market Value (FMV)
Other Non Cash Contri Table1$2,500Fair Market Value (FMV)
Other Non Cash Contri Table37$2,000Fair Market Value (FMV)
Other Non Cash Contri Table1$1,000Fair Market Value (FMV)
Other Non Cash Contri Table4$395Fair Market Value (FMV)
Other Non Cash Contri Table1$200Fair Market Value (FMV)
Other Non Cash Contri Table1$200Fair Market Value (FMV)
Total Noncash Contributions54$356,223-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$980,565
Other Expenses$547,066
Total Fundraising Expense$31,637
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$926,845--$926,845
Fees for Services Other-$58,557$29,095$87,652
Grants to Domestic Individuals$53,720--$53,720
Interest-$42,545-$42,545
Occupancy-$34,145-$34,145
Other Expenses$2,517$20,926$2,479$25,922
Depreciation Depletion-$17,247-$17,247
All Other Expenses$7,485$5,254-$12,739
Insurance-$12,200-$12,200
Fees for Service Investment Mgmnt Fees-$8,808-$8,808
Travel$3,954$1,796-$5,750
Office Expenses$3,373$874$63$4,310
Total Functional Expenses$1,293,642$202,352$31,637$1,527,631
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbus Technical CollegeColumbus, GA501(c)(3)Mobile Construction Lab and General Use of Donee$926,845
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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 A, Line 2

There is a family relationship between two board members.

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

A final copy of the form 990 is provided to the executive committee for review and approval prior to filing the return with the irs.

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

Written policy requires the officers, trustees and employees to annually disclose potential conflicts of interest on a questionnaire. Any potential conflicts are submitted to the foundation's chair for review and decision.

Form 990, Part VI, Section C, Line 19

Reviewed financial statements, articles of incorporation, conflict of interest policy, and bylaws are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Columbus Technical College Foundation
EIN
58-1873978
Phone
7066491016
Address
928 MANCHESTER EXPRESSWAY, COLUMBUS, GA 31904

Signing Officer

Name
Janeen Tucker
Title
Chair
Phone
7066491016
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janeen Tucker
Formed
1988
Legal Domicile
Ga
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
22

Preparer

Firm
Robinson Grimes & Co Pc
Address
PO BOX 4299, COLUMBUS, GA 31914
Preparer
Christopher a Miller CPA
Phone
7063245435
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The foundation has not changed its oversight process or selection process during the tax year.

Financial Statement Notes

PART V, LINE 4:

Principal portion of endowment funds is permanently restricted and may never be spent. Income generated by the funds is temporarily restricted and may be used to award scholarships to students.

PART X, LINE 2:

Gaap requires recognition of a liability for the benefit resulting from any uncertain tax positions taken by the foundation. The income tax returns of the foundation are subject to examination by federal and state taxing authorities within the standard statute of limitation periods. There are currently no tax returns under examination. Based on the evaluation of the foundation's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2024.

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IRS990/Desc0PROVIDED SUPPORT AND ADVOCATED FOR THE EDUCATIONAL EXCELLENCE AND EXPANSION OF THE EDUCATIONAL OPPORTUNITIES OF COLUMBUS TECHNICAL COLLEGE BY MEANS OF VOLUNTEER LEADERSHIP AND ASSISTANCE IN DEVELOPMENT AND FUNDRAISING ACTIVITIES; EXERCISED FIDUCIARY CARE OF THE FOUNDATION'S ASSETS FOR THE LONG-TERM BENEFIT AND ENHANCEMENT OF COLUMBUS TECHNICAL COLLEGE; PROVIDED BROAD ADVICE, CONSULTATION AND SUPPORT TO THE PRESIDENT OF COLUMBUS TECHNICAL COLLEGE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT, CTC
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0131472
IRS990/GamingActivitiesInd00
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IRS990/GrantAmt0980565
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/OtherExpensesGrp/ProgramServicesAmt32517
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IRS990/OtherRevenueMiscGrp/BusinessCd0812930
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0557851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0364433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0171846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05657767
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0105272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt075740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030529
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt051889
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt027391
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt075585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt061952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06982
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0171910
IRS990ScheduleA/PublicSupportCY170Pct00.44580

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.$14.4$1.07$13.3$7.91$0.60$7.31
2024Detailed filing. Detailed filing data is available for this year.$6.96$1.01$5.96$2.95$1.53$1.42
2023Detailed filing. Detailed filing data is available for this year.$5.43$0.98$4.45$1.98$0.69$1.29
2022Detailed filing. Detailed filing data is available for this year.$3.97$1.01$2.96$0.71$0.87$0.16
2021Detailed filing. Detailed filing data is available for this year.$4.65$1.01$3.64$0.57$0.25$0.32
2020Detailed filing. Detailed filing data is available for this year.$3.88$0.99$2.90$0.32$0.21$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.90$0.01$2.89$0.24$0.26$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.01$2.83$0.46$0.28$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.23$0.15$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.01$2.41$0.18$0.12$0.06
2015Summary only. Only limited summary data is available for this year.$2.40$0.02$2.38$0.20$0.16$0.04
2014Summary only. Only limited summary data is available for this year.$2.45$0.08$2.37$0.27$0.13$0.14
2013Summary only. Only limited summary data is available for this year.$2.26$0.03$2.23$0.55$0.70$0.14
2012Summary only. Only limited summary data is available for this year.$2.38$0.01$2.37$0.37$0.70$0.34
Peer Organizations

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