Georgia College Alumni Association Inc
- Assets
- $9.8m
- Revenue
- $836.7k
- Investments
- $9.2m
- Employees
- 2
- Location
- Milledgeville, GA
- Founding
- 06/1973
- Data as of
- 06/2022
- EIN
- 23-7194778
Organization Overview
Georgia College Alumni Association Inc is located in Milledgeville, GA. The organization was established in 1973. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2022, Georgia College Alumni Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia College Alumni Association 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, Georgia College Alumni Association Inc generated $836.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $495.9k during the year ending 06/2022. While expenses have increased by 5.5% 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
TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND FUNDS FOR THE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF GEORGIA COLLEGE & STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGIA COLLEGE AND STATE UNIVERSITY ALUMNI ASSOCIATION PROVIDES FUNDING TO GEORGIA COLLEGE AND STATE UNIVERSITY TO ENABLE THE COLLEGE TO AWARD SCHOLARSHIPS TO ATTENDING STUDENTS.
OPERATION OF ALUMNI ASSOCIATION AND ALUMNI EVENTS TO FURTHER THE EDUCATIONAL EXPERIENCE OF STUDENTS AT GEORGIA COLLEGE & STATE UNIVERSITY.
RECOGNITION OF UNIVERSITY FACULTY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriana Acuna Chair - Outreach | OfficerTrustee | 0 | $0 |
Jennifer Pollard Interim Treasurer; Chair, Finance | OfficerTrustee | 0 | $0 |
Brooke Conaway Chair - Alumni Recognition | OfficerTrustee | 0 | $0 |
Patti Zimmermann Chair - Scholarship Committee | OfficerTrustee | 0 | $0 |
Zach Mullins Interim President Elect | OfficerTrustee | 0 | $0 |
Pamela Booker President - Chair Exec Committee | OfficerTrustee | 0 | $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 | $165,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,583 |
| Total Program Service Revenue | $17,408 |
| Investment income | $309,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,095 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $336,274 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $836,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $352,325 |
| Grants and other assistance to domestic individuals. | $3,150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,418 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,851 |
| Fees for services: Other | $5,845 |
| Advertising and promotion | $0 |
| Office expenses | $20,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,674 |
| Travel | $704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,787 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,482 |
| All other expenses | $0 |
| Total functional expenses | $495,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $405,584 |
| Savings and temporary cash investments | $165,946 |
| Pledges and grants receivable | $8,765 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,111 |
| Prepaid expenses and deferred charges | $1,251 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,180,414 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,500 |
| Total assets | $9,774,571 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,025 |
| Total liabilities | $15,025 |
| Net assets without donor restrictions | $889,679 |
| Net assets with donor restrictions | $8,869,867 |
| 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 | $9,774,571 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Georgia College Alumni Association Inc has recieved totaling $25,018.
| Awarding Organization | Amount |
|---|---|
Georgia College & State University Foundation Inc Milledgeville, GA PURPOSE: TO PROVIDE FINANCIAL SUPPORT | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Endowment Analysis
| Beg. Balance | $10,973,812 |
| Earnings | -$1,346,826 |
| Net Contributions | $133,399 |
| Other Expense | $420,001 |
| Ending Balance | $9,340,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
General Alumni Assoc Chapel Hill, NC | $118,995,183 | $8,416,070 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
North Carolina State University Alumni Association Raleigh, NC | $63,898,145 | $4,644,432 |
University Of South Carolina Alumni Association Columbia, SC | $23,424,726 | $5,528,924 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Clemson Alumni Association Clemson, SC | $16,585,557 | $2,139,290 |
Duke Alumni Association Inc Durham, NC | $792,785 | $1,542,394 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
The Citadel Alumni Association Charleston, SC | $12,996,112 | $2,040,375 |