Auc Consortium Inc
- Assets
- $7.2m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Atlanta, GA
- Founding
- 06/2006
- Data as of
- 06/2022
- EIN
- 20-0950177
Organization Overview
Auc Consortium Inc is located in Atlanta, GA. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Auc Consortium Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auc Consortium Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Auc Consortium Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 17.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE ORGANIZATION'S MISSION ON SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA SCIENCE - VISION - TO BE THE LEADING INSTITUTE THAT PROVIDES A FORUM FOR THE CONVERGENCE OF HIGHER EDUCATION INSTITUTIONS, INDUSTRY, AND GOVERNMENTAL AGENCIES TO ADVANCE DATA SCIENCE ON TOPICS THAT IMPACT BLACK AMERICA AND TO DEVELOP PRACTICES THAT DIVERSIFY THE DATA SCIENCE WORKFORCE. MISSION - WE ARE COMMITTED TO ADVANCING DATA SCIENCE BY SUPPORTING STUDENTS AND FACULTY IN PREPARATION TO ENGAGE WITH EXTERNAL STAKEHOLDERS TO DEVELOP INNOVATIONS IN RESEARCH, BEST PRACTICES, AND EDUCATIONAL ACTIVITIES.
CIVIC
THE MISSION OF THE ATLANTA UNIVERSITY CENTER (AUC) CONSORTIUM DUAL DEGREE ENGINEERING PROGRAM (DDEP) IS TO SIGNIFICANTLY INCREASE THE NUMBER OF MINORITY ENGINEERS WHO ARE GLOBALLY AWARE, SOCIALLY ENGAGED, AND WELL EQUIPPED FOR SCIENTIFIC, TECHNOLOGICAL, ENGINEERING, AND MATHEMATICAL CAREERS. IN COLLABORATION WITH A WIDE ARRAY OF CORPORATIONS, ENGINEERING SCHOOLS, AND OTHER PARTNERS, THE CONSORTIUM-WIDE PROGRAM OFFERS SERVICES THAT COMPLEMENT THOSE PROVIDED BY ITS MEMBER INSTITUTIONS: CLARK ATLANTA UNIVERSITY, MOREHOUSE COLLEGE AND SPELMAN COLLEGE.
THE ATLANTA UNIVERSITY CENTER CONSORTIUM CAREER SERVICES OPERATES UNDER THE UMBRELLA OF THE OFFICE OF ACADEMIC AND CAREER SERVICES (OACS). THE AUCC CAREER SERVICES IS COMMITTED TO PROVIDING THE STUDENT BODY OF THE MEMBER INSTITUTIONS (CLARK ATLANTA UNIVERSITY, MOREHOUSE COLLEGE, AND SPELMAN COLLEGE) WITH ACCESS TO RESOURCES TO FACILITATE EXPERIENTIAL LEARNING SUCH AS INTERNSHIPS, CO-OPERATIVE, RESEARCH OPPORTUNITIES, AS WELL AS ACCESS TO PERMANENT CAREER OPPORTUNITIES. THE AUCC CAREER SERVICES COORDINATES ON-CAMPUS RECRUITING WHICH INCLUDES, BUT IS NOT LIMITED TO CAREER PLANNING EVENTS FOR THOSE OUTSIDE ENTITIES WHO ARE INTERESTED IN RECRUITING FROM MORE THAN ONE OF OUR MEMBER INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hodge Executive Director | Officer | 35 | $259,292 |
Talitha Washington Dir., Data Science Initiative | 35 | $213,536 | |
Tamala Fortson Director, Operations | 35 | $105,847 | |
Said Sewell Director, Academics, Research | 35 | $101,406 | |
Dr David A Thomas Chair | Trustee | 1 | $0 |
Dr George T French Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,387,861 |
| Noncash contributions included in lines 1a–1f | $12,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,387,861 |
| Total Program Service Revenue | $1,151,464 |
| Investment income | $27,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $119,954 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,003,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,238 |
| Grants and other assistance to domestic individuals. | $642,136 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $882,672 |
| Compensation of current officers, directors, key employees. | $201,068 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $539,041 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $85,692 |
| Fees for services: Management | $7,500 |
| Fees for services: Legal | $18,778 |
| Fees for services: Accounting | $77,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,783 |
| Fees for services: Other | $488,186 |
| Advertising and promotion | $10,695 |
| Office expenses | $79,198 |
| Information technology | $209,809 |
| Royalties | $0 |
| Occupancy | $65,830 |
| Travel | $53,942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,186 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,312 |
| Insurance | $25,197 |
| All other expenses | $4,056 |
| Total functional expenses | $3,560,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,988,835 |
| Savings and temporary cash investments | $2,417,860 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $560,223 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71,648 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $156,346 |
| Total assets | $7,194,912 |
| Accounts payable and accrued expenses | $536,042 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $541,042 |
| Net assets without donor restrictions | $3,165,228 |
| Net assets with donor restrictions | $3,488,642 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,194,912 |
Grants Awarded
Over the last fiscal year, Auc Consortium Inc has awarded $152,238 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CLARK ATLANTA UNIVERSITY PURPOSE: See Part IV | $86,445 |
MOREHOUSE SCHOOL OF MEDICINE PURPOSE: See Part IV | $37,500 |
MOREHOUSE COLLEGE PURPOSE: See Part IV | $15,743 |
SPELMAN COLLEGE PURPOSE: See Part IV | $12,550 |