SOUTH GA TECHNICAL COLLEGE FOUNDATI

EIN: 581884294 501(c)(3) Education

AMERICUS, GA

Total Revenue
$2,165,570
Total Expenses
$584,655
Total Assets
$16,267,204
Net Assets
$16,267,204
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
GA
Principal Officer
WILLIAM S HARRIS SR
Phone
2299312110
Tax Period
2024-01-01 to 2024-12-31

SOUTH GA TECHNICAL COLLEGE FOUNDATI, founded in 1990, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 73% operating margin.

Mission

TO PROVIDE OPPORTUNITIES/ASSISTANCE TO STUDENTS OF SOUTH GEORGIA TECHNICAL COLLEGE TO HELP FURTHER THEIR EDUCATION.

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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 $862,721
Program Service Revenue $0
Investment Income $1,302,849
Other Revenue $0
TOTAL REVENUE $2,165,570

Expense Breakdown

Grants Paid $240,651
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $478,411
Other Expenses $344,004
TOTAL EXPENSES $584,655

Year-over-Year Comparison

2024 2023 Change
Revenue $2,165,570 $1,222,274 +0.8%
Expenses $584,655 $669,755 -0.1%
Net Income $1,580,915 $552,519 +1.9%
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
16
Independent Members
16
Employees
N/A
Volunteers
N/A

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARAD PATEL TRUSTEE N/A
Director
$0 $0 $0
KIMBERLY REID TRUSTEE N/A
Director
$0 $0 $0
GREG AUSTIN TRUSTEE N/A
Director
$0 $0 $0
MICHAEL A CHEOKAS TRUSTEE N/A
Director
$0 $0 $0
JON COOGLE TRUSTEE N/A
Director
$0 $0 $0
MICHAEL J DONNELLY TRUSTEE N/A
Director
$0 $0 $0
WILLIAM B DUPREE VICE-CHAIRMA N/A
Officer Director
$0 $0 $0
JOE HOOKS TRUSTEE N/A
Director
$0 $0 $0
GEORGE PEAGLER JR TRUSTEE N/A
Director
$0 $0 $0
JOHN T ARGO JR TRUSTEE N/A
Director
$0 $0 $0
RANDOLPH B JONES JR TRUSTEE N/A
Director
$0 $0 $0
JOY K NELSON TRUSTEE N/A
Director
$0 $0 $0
WILLIE J PATRICK TRUSTEE N/A
Director
$0 $0 $0
WILLIAM S HARRIS SR CHAIRMAN N/A
Officer Director
$0 $0 $0
DANIEL L TORBERT TRUSTEE N/A
Director
$0 $0 $0
RICK WHALEY TREASURER N/A
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
2024 No data No data No data No data
2024 $2,165,570 $584,655 $16,267,204 $1,580,915
2023 $1,222,274 $669,755 $14,315,522 $552,519
2022 $1,001,599 $591,313 $12,679,042 $410,286
2021 $800,482 $588,544 $14,313,434 $211,938
2020 $696,204 $590,600 $12,928,679 $105,604
2019 $1,037,568 $581,268 $11,565,712 $456,300
2018 $666,753 $494,178 $9,622,964 $172,575
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