GEORGIA ENGINEERING FOUNDATION INC

EIN: 237193629 501(c)(3) Science & Technology

ATLANTA, GA

Total Revenue
$302,278
Total Expenses
$151,644
Total Assets
$1,488,865
Net Assets
$1,488,865
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
GA
Principal Officer
JOHN D PRIEN III
Phone
4045212324
Tax Period
2024-10-01 to 2025-09-30

GEORGIA ENGINEERING FOUNDATION INC, founded in 1971, is a small nonprofit in the Science & Technology sector that reported $302K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $151K, a strong 50% operating margin.

Mission

THE GEORGIA ENGINEERING FOUNDATION (GEF) IS DEDICATED TO FOSTERING THE INTEGRITY AND ADVANCEMENT OF THE ENGINEERING PROFESSION. ITS CORE PURPOSES INCLUDE PROVIDING SCHOLARSHIPS FOR COLLEGE STUDENTS IN APPROVED ENGINEERING AND ENGINEERING TECHNOLOGY DEGREE PROGRAMS, PROMOTING THE STUDY AND RESEARCH OF ENGINEERING AND RELATED SCIENCES (STEM) IN MIDDLE AND HIGH SCHOOL, PROVIDING GRANTS TO PROMOTE STEM INCLUDING THE ANNUAL GEORGIA ENGINEERING AND SCIENCE FAIR (GSEF), THE ANNUAL ASCE COLLEGE STUDENT SYMPOSIUM, AND MATHCOUNTS, AS WELL AS ENSURING HIGH STANDARDS OF EDUCATION AND ETHICAL PRACTICE WITHIN THE PROFESSION. ADDITIONALLY, GEF WORKS TO IMPROVE PROFESSIONAL RELATIONSHIPS AND DISTRIBUTE EDUCATIONAL MATERIALS FOR THE BENEFIT OF MANKIND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $147,369
Program Service Revenue $0
Investment Income $154,909
Other Revenue $0
TOTAL REVENUE $302,278

Expense Breakdown

Grants Paid $141,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $149,369
Other Expenses $10,394
TOTAL EXPENSES $151,644

Year-over-Year Comparison

2024 2023 Change
Revenue $302,278 $420,625 -0.3%
Expenses $151,644 $138,631 +0.1%
Net Income $150,634 $281,994 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW FARMER SECRETARY 7.00
Officer Director
$0 $0 $0
JOHN D PRIEN III TREASURER 10.00
Officer Director
$0 $0 $0
GARY SIEBERT PE SCHOLARSHIP 5.00
Officer Director
$0 $0 $0
JULIE SECRIST PE PRESIDENT 10.00
Officer Director
$0 $0 $0
RHANDI GALLEGOS PE VP/PRESIDENT 7.00
Officer Director
$0 $0 $0
ALEX SMITH SCHOLARSHIP 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $302,278 $151,644 $1,488,865 $150,634
2024 $420,625 $138,631 $1,338,231 $281,994
2023 $152,285 $103,060 $1,056,237 $49,225
2022 $277,378 $124,348 $1,007,012 $153,030
2021 $271,157 $88,600 $1,299,689 $182,557
2020 $213,664 $94,950 $1,117,132 $118,714
2019 $97,831 $95,230 $998,418 $2,601
2018 $175,216 $112,005 $995,817 $63,211
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