EIN 58-0622514

Georgia Tech Athletic Association

Name: Georgia Tech Athletic Association financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Atlanta

State

Georgia

Year formed

1934

Most recent tax filings

2022-06-01

NTEE code, primary

B11: Education Single Organization Support

Description

The Georgia Tech Athletic Association is a non-profit organization responsible for maintaining the intercollegiate athletic program at Georgia Tech. The Athletic Association is overseen by the Georgia Tech Athletic Board.

Related structure

Georgia Tech Athletic Association is a subordinate organization under Georgia Tech Applied Research Corporation (GTARC).

Total revenues

$94,187,469

2022

Total expenses

$108,851,717

2022

Total assets

$372,240,569

2022

Num. employees

2022

Program areas at Georgia Tech Athletic Association

Sport specific Athletic activities

Grants / scholarships. 451 scholarships were given during the current year.

Direct support activities for Athletic programs including facilities maintenance and enhancements.

Who funds Georgia Tech Athletic Association

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Atlantic Coast Conference	2022-06	Allocation of General Support	$37,961,705
Chick-fil-A Peach Bowl	2023-05	Support	$3,500,000
Schwab Charitable Fund	2023-06	Education	$842,330
...and 26 more grants received totalling $45,561,264

Personnel at Georgia Tech Athletic Association

Name	Title	Compensation	Date of data
Steven Swant	Former Officer	$0	2022-06-30
Todd Stansbury	Director of Athletics	$133,299	2022-06-30
Josh Pastner	Head BB Coach	$1,812,480	2022-06-30
Nell Fortner	Head WB Coach	$342,423	2022-06-30
William Collins	Head FB Coach	$2,850,003	2022-06-30
...and 16 more key personnel

Financials for Georgia Tech Athletic Association

Revenues	FYE 06/2022	FYE 06/2021	% Change
Total grants, contributions, etc.	$15,222,727	$19,497,573	-21.9%
Program services	$76,557,750	$58,805,624	30.2%
Investment income and dividends	$757,834	$628,015	20.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$1,649,158	$561,045	193.9%
Total revenues	$94,187,469	$79,492,257	18.5%

Form 990s for Georgia Tech Athletic Association

Fiscal year ending	Date received by IRS	Form	PDF link
2022-06	2023-05-15	990	View PDF
2021-06	2022-05-16	990	View PDF
2020-06	2021-05-26	990	View PDF
2019-06	2021-01-27	990	View PDF
2018-06	2019-09-14	990	View PDF
...and 8 more Form 990s

Organizations like Georgia Tech Athletic Association

Organization	Type	Location	Revenue
Trustees for Harvard University	501(c)(3)	Cambridge, MA	$65,903,391
Avery Properties	501(c)(3)	Decatur, GA	$28,468,179
West Virginia University Foundation	501(c)(3)	Morgantown, WV	$137,168,472
Colorado School of Mines Foundation	501(c)(3)	Golden, CO	$34,178,818
The University of Cincinnati Foundation	501(c)(3)	Cincinnati, OH	$143,064,693
The City College 21ST Century Foundation	501(c)(3)	New York, NY	$28,050,214
San Diego State University Research Foundation (SDSURF)	501(c)(3)	San Diego, CA	$174,546,329
Marshall University Foundation Incorporated	501(c)(3)	Huntington, WV	$48,068,529
The George W Bush Institute	501(c)(3)	Dallas, TX	$40,764,912
Michigan State University Research Foundation	501(c)(3)	East Lansing, MI	$51,499,585

Data update history

October 25, 2023

Received grants

Identified 2 new grant, including a grant for $89,209 from American Endowment Foundation

July 23, 2023

Received grants

Identified 21 new grant, including a grant for $37,961,705 from Atlantic Coast Conference

July 10, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 4, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 29, 2023

Updated personnel

Identified 3 new personnel

Nonprofit Types

School foundationsGrantmaking organizationsChapter / child organizationsCharities

Issues

Education

Characteristics

Funds one specific organizationState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees

General information

Address: 150 Bobby Dodd Way NW; Atlanta, GA 30332
Metro area: Atlanta-Sandy Springs-Alpharetta, GA
County: Fulton County, GA
Website URL: ramblinwreck.com/
Phone: (404) 894-5400
Facebook page: georgiatech

IRS details

EIN: 58-0622514
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1934
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B11: Education Single Organization Support
NAICS code, primary: 813990: Sports Regulatory Associations and Property Owner Associations
Parent/child status: Subordinate organization

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Georgia Tech Athletic Association

Program areas at Georgia Tech Athletic Association

Who funds Georgia Tech Athletic Association

Personnel at Georgia Tech Athletic Association

Financials for Georgia Tech Athletic Association

Form 990s for Georgia Tech Athletic Association

Organizations like Georgia Tech Athletic Association

Nonprofits

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