GEORGIA TECH ATHLETIC ASSOCIATION INC

EIN: 580622514 501(c)(3) Education

ATLANTA, GA

Total Revenue
$200,155,242
Total Expenses
$170,509,132
Total Assets
$487,218,809
Net Assets
$134,755,964
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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
GA
Principal Officer
FRANK HARDYMON
Phone
4048945400
Tax Period
2024-07-01 to 2025-06-30

GEORGIA TECH ATHLETIC ASSOCIATION INC, founded in 1934, is a major nonprofit in the Education sector that reported $200.2M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $170.5M left a modest 15% surplus.

Mission

GEORGIA TECH ATHLETIC ASSOCIATION, INC. FORMS THE FRONT PORCH OF THE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE) AND SERVES AS A GATHERING PLACE FOR STUDENTS, ALUMNI, FANS AND FRIENDS. WE PROVIDE OUR STUDENT-ATHLETES WITH THE OPPORTUNITY FOR ACADEMIC AND ATHLETIC SUCCESS AND PERSONAL GROWTH. WE PROMOTE DIVERSITY AND EQUITY. THE INTEGRITY OF OUR MISSION IS ENHANCED BY OUR COMMITMENT TO ADHERENCE TO THE RULES OF THE INSTITUTE, THE ATLANTIC COAST CONFERENCE AND THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION. THIS ENVIRONMENT WE CREATE ALLOWS OUR STUDENT-ATHLETES TO COMPETE AT THE HIGHEST LEVELS, AND CREATES ENJOYMENT FOR OUR SUPPORTERS. WE EMBRACE OUR PROUD TRADITIONS AND STRIVE TO ENHANCE THE FUTURE OPPORTUNITIES FOR OUR STUDENT-ATHLETES, COACHES, AND STAFF.

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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 $93,111,058
Program Service Revenue $94,281,725
Investment Income $8,443,452
Other Revenue $4,319,007
TOTAL REVENUE $200,155,242

Expense Breakdown

Grants Paid $15,229,940
Salaries & Benefits $46,851,951
Fundraising Expenses $3,899,139
Program Expenses $150,056,111
Other Expenses $108,427,241
TOTAL EXPENSES $170,509,132

Year-over-Year Comparison

2024 2023 Change
Revenue $200,155,242 $155,185,786 +0.3%
Expenses $170,509,132 $137,809,004 +0.2%
Net Income $29,646,110 $17,376,782 +0.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
10
Employees
N/A
Volunteers
10

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
5
$3,552,828
Total Directors
25
$6,761,734
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLIE WALKER DIRECTOR AS OF 08/2024 0.25
Director
$0 $0 $0
ANGEL CABRERA CHAIR 0.25
Officer Director
$0 $602,059 $1,275,773
ANUJ MEHROTRA DIRECTOR AS OF 08/2024 0.25
Director
$0 $46,180 $711,248
BERT REEVES DIRECTOR AS OF 08/2024 0.25
Director
$0 $27,587 $331,780
BETSY BULAT DIRECTOR AS OF 08/2024 0.25
Director
$0 $0 $0
DANETTE JOSLYN-GAUL SECRETARY AS OF 8/2024 0.25
Officer Director
$0 $52,059 $428,087
DAVID ROWLAND DIRECTOR 0.25
Director
$0 $0 $0
DIMA NAZZAL DIRECTOR AS OF 08/2024 0.25
Director
$0 $28,502 $221,143
JACQUELINE GARNER DIRECTOR 0.25
Director
$0 $33,002 $398,813
JENNA JORDAN VICE CHAIR 0.25
Officer Director
$0 $51,542 $231,792
KIERA TRAN DIRECTOR AS OF 08/2024 0.25
Director
$0 $0 $0
LESLIE SHARP DIRECTOR 0.25
Director
$0 $35,092 $333,309
MARK TEIXEIRA DIRECTOR 0.25
Director
$0 $0 $0
MARY MCDONALD FORMER DIRECTOR 0.25
Director
$0 $24,814 $212,489
MINDY MILLARD-STAFFORD FORMER DIRECTOR 0.25
Director
$0 $24,157 $198,429
PINAR KESKINOCAK DIRECTOR 0.25
Director
$0 $41,827 $412,123
RAHEEM BEYAH DIRECTOR 0.25
Director
$0 $44,371 $472,105
RON JOHNSON DIRECTOR AS OF 08/2024 0.25
Director
$0 $63,571 $340,035
SHANTAY BOLTON TREASURER 0.25
Officer Director
$0 $52,059 $552,844
SHIVAN VIRANI DIRECTOR AS OF 08/2024 0.25
Director
$0 $0 $0
STEPHEN MCLAUGHLLIN DIRECTOR 0.25
Director
$0 $44,065 $641,764
TIFFANY BURNS DIRECTOR 0.25
Director
$0 $0 $0
TOM FANNING DIRECTOR 0.25
Director
$0 $0 $0
TYLER TOWNSEND DIRECTOR 0.25
Director
$0 $0 $0
VANCE BELL DIRECTOR AS OF 08/2024 0.25
Director
$0 $0 $0
JASON BATT DIRECTOR OF ATHLETICS 40.00
Officer
$265,750 $52,059 $1,064,332
DAMON STOUDAMIRE HEAD FB COACH 40.00
Highest
$1,816,666 $0 $1,816,666
DONALD KEY HEAD FB COACH 40.00
Highest
$2,550,000 $52,059 $3,052,375
EDWARD FAULKNER ASST FB COACH 0.25
Highest
$0 $52,059 $1,085,446
NELL FORTNER HEAD WB COACH UNTIL 03/2025 40.00
Highest
$488,670 $38,927 $929,332
FRANK NEVILLE FORMER DIRECTOR 0.25
$0 $20,670 $184,533
JONATHAN CLARKE FORMER SECRETARY 0.25
$0 $52,698 $505,825
KAYE HUSBANDS FEALING FORMER DIRECTOR 0.25
$0 $30,169 $141,573
WILLIE BELTON FORMER DIRECTOR 0.25
$0 $22,079 $179,637
JAMES FORTNER FORMER OFFICER 0.00
$0 $76,717 $381,705
MITCHELL WALKER FORMER SECRETARY 0.25
$0 $49,084 $347,785
JOSHUA PASTNER FORMER HEAD BB COACH 0.00
$823,352 $0 $823,352
WILLIAM COLLINS FORMER HEAD FB COACH 0.00
$3,500,000 $0 $3,500,000
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 $200,155,242 $170,509,132 $487,218,809 $29,646,110
2024 No data No data No data No data
2023 $129,867,295 $138,373,220 $371,344,903 $-8,505,925
2022 $94,187,469 $108,851,717 $372,240,569 $-14,664,248
2021 $79,492,257 $88,570,077 $397,031,896 $-9,077,820
2020 $91,270,460 $103,270,605 $467,767,355 $-12,000,145
2019 $90,512,187 $97,243,526 $321,407,215 $-6,731,339
2018 $90,350,496 $89,076,519 $312,750,942 $1,273,977
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