OGEECHEE TECHNICAL COLLEGE FOUNDATION INC

EIN: 581875628 501(c)(3)

STATESBORO, GA

Total Revenue
$1,066,297
Total Expenses
$373,243
Total Assets
$6,544,770
Net Assets
$6,544,770
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
GA
Principal Officer
EVAN BROWER
Phone
9126886098
Tax Period
2024-07-01 to 2025-06-30

OGEECHEE TECHNICAL COLLEGE FOUNDATION INC, founded in 1989, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $693K, a strong 65% operating margin.

Mission

TO SECURE AND ADMINISTER MONETARY DONATIONS, GRANTS, AND OTHER FUNDS FROM CONSTITUENTS WITHIN ITS SERVICE DELIVERY AREA TO SUPPORT OGEECHEE TECHNICAL COLLEGE IN ITS QUEST TO CONTRIBUTE TO ECONOMIC, EDUCATIONAL, AND COMMUNITY DEVELOPMENT BY PROVIDING QUALITY TECHNICAL EDUCATION AND SERVICES, ADULT EDUCATION, CONTINUING EDUCATION, AND CUSTOMIZED BUSINESS AND INDUSTRY WORKFORCE TRAINING TO THE CITIZENS OF THE COMMUNITIES IT SERVICES.

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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 $924,388
Program Service Revenue $0
Investment Income $88,534
Other Revenue $53,375
TOTAL REVENUE $1,066,297

Expense Breakdown

Grants Paid $96,979
Salaries & Benefits $0
Fundraising Expenses $20,815
Program Expenses $322,889
Other Expenses $276,264
TOTAL EXPENSES $373,243

Year-over-Year Comparison

2024 2023 Change
Revenue $1,066,297 $1,250,656 -0.1%
Expenses $373,243 $349,214 +0.1%
Net Income $693,054 $901,442 -0.2%
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

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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
11
Independent Members
11
Employees
N/A
Volunteers
250

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN AUSTIN SECRETARY/TR N/A
Officer Director
$0 $0 $0
LYDIA BRAGG BOARD MEMBER N/A
Director
$0 $0 $0
EVAN BROWER PRESIDENT N/A
Officer Director
$0 $0 $0
HOLLY DURRENCE BOARD MEMBER N/A
Director
$0 $0 $0
JENNY FOSS VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOEL HANNER BOARD MEMBER N/A
Director
$0 $0 $0
DR DIANE HOLLAND BOARD MEMBER N/A
Director
$0 $0 $0
ADAM KENNEDY PAST PRESIDE N/A
Director
$0 $0 $0
RYAN QUICK BOARD MEMBER N/A
Director
$0 $0 $0
JOHN SCOTT BOARD MEMBER N/A
Director
$0 $0 $0
CLIFF WILDES BOARD MEMBER N/A
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 $1,066,297 $373,243 $6,544,770 $693,054
2024 $1,250,656 $349,214 $5,389,994 $901,442
2023 $895,421 $312,565 $4,532,628 $582,856
2022 $679,948 $275,068 $3,652,015 $404,880
2021 $603,064 $205,464 $3,559,421 $397,600
2020 $450,455 $297,999 $2,662,530 $152,456
2019 $286,918 $238,517 $2,506,087 $48,401
2018 $198,168 $302,476 $2,185,675 $-104,308
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