Civic Intelligence

Georgia Education Technology Consortium Inc.

990 • Fiscal year 2016 • EIN 58-2391888

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 02, 2017

1840 Parks Mill DriveGreensboro, GA 30642

(706) 454-2068

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

83rd percentile

22%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.2%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$800,234

Up $145,317 (+22%) from 2015

Net Assets

Up

$799,544

Up $144,947 (+22%) from 2015

Liabilities

Up

$690

Up $370 (+116%) from 2015

Revenue

Up

$1,035,182

Up $87,026 (+9.2%) from 2015

Expenses

Up

$890,236

Up $24,831 (+2.9%) from 2015

Net Income

Up

$144,946

Up $62,195 (+75%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $481,043Liabilities 2011: $0Net Assets 2011: $481,0432011Assets 2012: $463,848Liabilities 2012: $0Net Assets 2012: $463,8482012Assets 2013: $510,361Liabilities 2013: $95Net Assets 2013: $510,2662013Assets 2014: $572,042Liabilities 2014: $195Net Assets 2014: $571,8472014Assets 2015: $654,917Liabilities 2015: $320Net Assets 2015: $654,5972015Assets 2016: $800,234Liabilities 2016: $690Net Assets 2016: $799,5442016Assets 2017: $931,632Liabilities 2017: $940Net Assets 2017: $930,6922017Assets 2018: $1,009,500Liabilities 2018: $1,815Net Assets 2018: $1,007,6852018Assets 2019: $1,050,326Liabilities 2019: $3,164Net Assets 2019: $1,047,1622019Assets 2020: $827,210Liabilities 2020: $56,165Net Assets 2020: $771,0452020Assets 2021: $728,570Liabilities 2021: $3,214Net Assets 2021: $725,3562021Assets 2022: $817,636Liabilities 2022: $2,716Net Assets 2022: $814,9202022Assets 2023: $818,010Liabilities 2023: $2,715Net Assets 2023: $815,2952023Assets 2024: $821,768Liabilities 2024: $1,965Net Assets 2024: $819,8032024

Highlighted filing

2016

Assets$800,234
Liabilities$690
Net Assets$799,544

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $648,062Expenses 2011: $641,762Net Income 2011: $6,3002011Expenses 2012: $743,4092012Revenue 2013: $871,875Expenses 2013: $825,457Net Income 2013: $46,4182013Revenue 2014: $880,134Expenses 2014: $818,552Net Income 2014: $61,5822014Revenue 2015: $948,156Expenses 2015: $865,405Net Income 2015: $82,7512015Revenue 2016: $1,035,182Expenses 2016: $890,236Net Income 2016: $144,9462016Revenue 2017: $1,040,345Expenses 2017: $909,197Net Income 2017: $131,1482017Revenue 2018: $1,023,265Expenses 2018: $946,272Net Income 2018: $76,9932018Revenue 2019: $975,109Expenses 2019: $935,632Net Income 2019: $39,4772019Revenue 2020: $145,690Expenses 2020: $421,807Net Income 2020: -$276,1172020Revenue 2021: $724,233Expenses 2021: $769,922Net Income 2021: -$45,6892021Revenue 2022: $1,045,764Expenses 2022: $956,200Net Income 2022: $89,5642022Revenue 2023: $1,009,868Expenses 2023: $1,009,493Net Income 2023: $3752023Revenue 2024: $949,394Expenses 2024: $944,886Net Income 2024: $4,5082024

Highlighted filing

2016

Revenue$1,035,182
Expenses$890,236
Net Income$144,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 2, 2017
Return Version
2016v3.0
Gross Receipts
$1,035,182
Mission and Program Overview

Mission

Georgia educational technology consortium, inc.'s stated mission is to advance the effective use of technology in education.

Educational Enhancement

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$301,075$408,920▲ $107,845
Savings and Temporary Cash Investments$352,039$389,881▲ $37,842
Land, Buildings, and Equipment, Net$1,803$1,433▼ $370
Total Assets$654,917$800,234▲ $145,317
Liabilities
Accounts Payable and Accrued Expenses$320$690▲ $370
Total Liabilities$320$690▲ $370
Net Assets / Fund Balance
Unrestricted Net Assets$654,597$799,544▲ $144,947
Total Net Assets Fund Balance$654,597$799,544▲ $144,947
Total Liabilities and Net Assets / Fund Balance$654,917$800,234▲ $145,317

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,433$8,974$10,407
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian BlantonPresident
Jay CawleyVice President
Brenda TappDirector
Edward MitchellDirector
Hoke WilcoxDirector
Jill HobsonDirector
Paulina KuforijiDirector
Ray JordanDirector
Tom LambDirector
Tommye ThomasDirector
Traci RedishDirector
Wayne RobinsonDirector
Jeff EackerExecutive Director
Dutchie RiggsbySecretary
H Weyman CulpTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
McRae Conferences & Trade Shows IncProgram management1401 Maclay Commerce Drive, Tallahassee, FL 32312$594,332
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$997,340
Investment Income
$37,842
Other Revenue
$0
Change in Net Assets
$144,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$875,486
Grants and Similar Amounts Paid$14,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$634,150--$634,150
Travel$92,479--$92,479
Fees for Services Management$45,920$19,680-$65,600
Office Expenses$12,853$5,509-$18,362
Grants to Domestic Orgs$14,750--$14,750
Insurance$2,520--$2,520
Fees for Services Accounting$1,086$465-$1,551
Depreciation Depletion$333$37-$370
Other Expenses$60--$60
All Other Expenses$31--$31
Total Functional Expenses$864,545$25,691$0$890,236
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
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The organization delegated substantially all management duties to an Executive Director, Jeff Eacker, who is the 100% owner of a management company, McRae & Company, Inc., which provides all management services to the organization. See Schedule L.

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

A digital copy of the completed Form 990 is provided to voting board members for review by email prior to filing.

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

Directors and officers are required annually to disclose or update to the President of the Board of Directors on a form provided by the organization their interests that could give rise to conflicts of interest. In addition, the organization's executive director monitors proposed or ongoing transactions for conflicts of interest and discloses them to the President of Board of Directors if identified.

Form 990, Part VI, Section C, line 19

The organization's governing documents are available upon request in writing.

Filing and Contact Details

Filer

Filer Name
Georgia Educational Technology
EIN
58-2391888
Phone
7064542068
Address
1840 Parks Mill Drive, Greensboro, GA 30642

Signing Officer

Name
Weyman Culp
Title
Treasurer
Phone
7064542068
Signed
2017-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Weyman Culp
Formed
1998
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
CollinsMoody Company PC
Address
PO Box 709, Athens, GA 30603-0709
Preparer
K Scott Collins
Phone
7065433493
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015750
IRS990/PYInvestmentIncomeAmt081
IRS990/PYOtherExpensesAmt0849655
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0948075
IRS990/PYRevenuesLessExpensesAmt082751
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0865405
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0948156
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0144946
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01035182
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0352039
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0389881
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0684
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02759
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04813
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0948075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0879450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0870586
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0723455
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03421566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0684
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04813
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00220
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt03421566
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0948075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0879450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0870586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0723455
IRS990ScheduleA/Total509Grp/TotalAmt03421566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0948156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0880134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0871875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0726214
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03426379
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01433
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08974
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010407
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01433
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0McRae & Company Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Entity more than 35% owned by Jeff Eacker, Executive Director of GaETC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Independent contractor arrangement with managment company for program administration.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization delegated substantially all management duties to an Executive Director, Jeff Eacker, who is the 100% owner of a management company, McRae & Company, Inc., which provides all management services to the organization. See Schedule L.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A digital copy of the completed Form 990 is provided to voting board members for review by email prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors and officers are required annually to disclose or update to the President of the Board of Directors on a form provided by the organization their interests that could give rise to conflicts of interest. In addition, the organization's executive director monitors proposed or ongoing transactions for conflicts of interest and discloses them to the President of Board of Directors if identified.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's governing documents are available upon request in writing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0654917
IRS990/TotalAssetsEOYAmt0800234
IRS990/TotalAssetsGrp/BOYAmt0654917
IRS990/TotalAssetsGrp/EOYAmt0800234
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0864545
IRS990/TotalFunctionalExpensesGrp/TotalAmt0890236
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0320
IRS990/TotalLiabilitiesEOYAmt0690
IRS990/TotalLiabilitiesGrp/BOYAmt0320
IRS990/TotalLiabilitiesGrp/EOYAmt0690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0654597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0799544
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0864545
IRS990/TotalProgramServiceRevenueAmt0997340
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt037842
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0997340
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01035182
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0654917
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0800234
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt092479
IRS990/TravelGrp/TotalAmt092479
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0654597

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.95$0.94$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$1.01$1.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.81$1.05$0.96$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.72$0.77$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.06$0.77$0.15$0.42$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.98$0.94$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.02$0.95$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.04$0.91$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$1.04$0.89$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.95$0.87$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.88$0.82$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.87$0.83$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.74
2011Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.65$0.64$0.01