CHATTAHOOCHEE TECH FOUNDATION INC

EIN: 581684206 501(c)(3)

MARIETTA, GA

Total Revenue
$806,553
Total Expenses
$303,434
Total Assets
$3,191,629
Net Assets
$3,191,629
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
GA
Principal Officer
JENNIFER NELSON
Phone
7705284461
Tax Period
2023-07-01 to 2024-06-30

CHATTAHOOCHEE TECH FOUNDATION INC, founded in 1985, is a small nonprofit that reported $807K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $503K, a strong 62% operating margin.

Mission

THE MISSION OF CHATTAHOOCHEE TECH FOUNDATION, INC. IS TO ACTIVELY PROMOTE CHATTAHOOCHEE TECHNICAL COLLEGE, SUPPORT ITS STUDENTS, FACULTY AND STAFF, AND PROVIDE SUPPLEMENTAL FUNDING FOR THE INSTITUTE BY WORKING IN PARTNERSHIP WITH INDIVIDUALS, BUSINESS AND INDUSTRY, AND THE COMMUNITY TO PROVIDE A WELL-TRAINED, HIGHLY SKILLED WORKFORCE WHICH CAN: SUPPORT NEW AND EXISTING INDUSTRIES, SATISFY CONSTANTLY CHANGING ECONOMIC AND TECHNICAL NEEDS, ENRICH THE QUALITY OF LIFE, ADD VALUE TO THE ENTIRE COMMUNITY, AND ENHANCE THE ECONOMIC DEVELOPMENT OF NORTH CENTRAL GEORGIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $528,814
Program Service Revenue $0
Investment Income $216,070
Other Revenue $61,669
TOTAL REVENUE $806,553

Expense Breakdown

Grants Paid $251,969
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $280,089
Other Expenses $51,465
TOTAL EXPENSES $303,434

Year-over-Year Comparison

2023 2022 Change
Revenue $806,553 $460,085 +0.8%
Expenses $303,434 $640,493 -0.5%
Net Income $503,119 $-180,408 -3.8%
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
14
Independent Members
14
Employees
1
Volunteers
14

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
$139,880
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK KOLLHOFF CHAIR 1.00
Officer Director
$0 $0 $0
DARION DUNN VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARTY HUGHES SECRETARY 1.00
Officer Director
$0 $0 $0
JASON SLEEMAN TREASURER 1.00
Officer Director
$0 $0 $0
TREY BENHAM TRUSTEE 1.00
Director
$0 $0 $0
MAX CAYLOR TRUSTEE 1.00
Director
$0 $0 $0
SNEHAL DOSHI TRUSTEE 1.00
Director
$0 $0 $0
SHELLEY ELDER TRUSTEE 1.00
Director
$0 $0 $0
CASSY FERRELL TRUSTEE 1.00
Director
$0 $0 $0
JOHN GARNER TRUSTEE 1.00
Director
$0 $0 $0
ALLISON GIDDENS TRUSTEE 1.00
Director
$0 $0 $0
MARK GODDARD TRUSTEE 1.00
Director
$0 $0 $0
KAREN HILL TRUSTEE 1.00
Director
$0 $0 $0
KENNY HORTON TRUSTEE 1.00
Director
$0 $0 $0
HENRY MOLINET TRUSTEE 1.00
Director
$0 $0 $0
TREY RAGSDALE III TRUSTEE 1.00
Director
$0 $0 $0
ROBERT STEPHENS TRUSTEE 1.00
Director
$0 $0 $0
ERIC WIDNER TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER NELSON EXECUTIVE DIRECTOR 40.00
Officer
$139,880 $0 $139,880
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 No data No data No data No data
2024 $806,553 $303,434 $3,191,629 $503,119
2023 $460,085 $640,493 $2,536,543 $-180,408
2022 $620,429 $185,767 $2,621,930 $434,662
2021 $629,747 $221,585 $2,446,219 $408,162
2020 $520,933 $233,227 $2,050,607 $287,706
2019 $332,245 $238,196 $1,813,459 $94,049
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