GEORGIA ADVANCED TECHNOLOGY VENTURES INC (EIN 582538285) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

HOLLY SEEL

Phone

4043857320

Tax Period

2023-07-01 to 2024-06-30

GEORGIA ADVANCED TECHNOLOGY VENTURES INC, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $36.4M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $12.8M, a strong 35% operating margin.

Mission

The corporation supports the georgia institute of technology to foster and support economic development and scientific research in the state of 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,611

Program Service Revenue $35,920,615

Investment Income $120,122

Other Revenue $319,614

TOTAL REVENUE $36,381,962

Expense Breakdown

Grants Paid $1,114,837

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,067,202

Other Expenses $22,471,802

TOTAL EXPENSES $23,586,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,381,962	$31,669,077	+0.1%
Expenses	$23,586,639	$21,232,410	+0.1%
Net Income	$12,795,323	$10,436,667	+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

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

Governance

Voting Members

Independent Members

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

$1,683,519

Total Directors

$1,424,174

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN MCLAUGHLIN	DIRECTOR	1.0	Director	$0	$54,808	$649,830
Chaouki Abdallah	Director	1.0	Director	$0	$94,515	$535,710
James G Fortner	Treasurer	4.0	Officer	$0	$82,757	$386,405
Anthony Zivalich	Vice President - REAL ESTATE	4.0	Officer	$0	$77,868	$344,600
DAVID BRIDGES	VICE PRESIDENT - INNOVATION	4.0	Officer	$0	$55,408	$331,547
JENNIFER BENTSON	Assistant Treasurer	4.0	Officer	$0	$62,451	$278,437
AMY HERRON	FORMER OFFICER	0.0		$0	$71,947	$266,610
SHANTAY BOLTON	DIRECTOR	4.0	Director	$0	$25,230	$238,634
Tanesha Steward	Secretary	4.0	Officer	$0	$47,591	$188,298
GAIL SPATT	FORMER OFFICER	0.0		$0	$61,963	$171,953
KELLY MACARTHUR	FORMER OFFICER	0.0		$0	$38,862	$156,079
HOLLY SEEL	Assistant Treasurer	4.0	Officer	$0	$36,640	$154,232
Sig Mosley	Chairman	1.0	Director	$0	$0	$0
Ben T Raney II	Director	1.0	Director	$0	$0	$0
Blake Patton	Director	1.0	Director	$0	$0	$0
BURUNDA PRINCE	DIRECTOR	1.0	Director	$0	$0	$0
JOHN LONG	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL ROSS	DIRECTOR	1.0	Director	$0	$0	$0
SEAN HENRY	DIRECTOR	1.0	Director	$0	$0	$0
GARRETT LANGLEY	DIRECTOR	1.0	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	No data	No data	No data	No data
2024	$36,381,962	$23,586,639	$245,847,261	$12,795,323
2023	$31,669,077	$21,232,410	$241,918,056	$10,436,667
2022	$34,809,516	$21,543,916	$234,129,719	$13,265,600
2021	$20,980,407	$15,690,188	$206,195,666	$5,290,219
2020	$18,408,233	$15,935,386	$187,373,029	$2,472,847
2019	$42,231,908	$12,888,832	$192,377,294	$29,343,076
2018	$13,893,300	$13,248,681	$160,185,075	$644,619

GEORGIA ADVANCED TECHNOLOGY VENTURES INC