Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1989.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
17 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Partners with Athens Technical College and the community to build the workforce.
Questions for Athens Tech Foundation INC
Your first name shows with your question. Athens Tech Foundation INC answers here, for everyone.
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The athens tech foundation provides scholarships, ged vouchers, assists students with paying off past due balances and with limited emergency funds. The foundation also pays for professional development on behalf of the college.
The athens tech foundation provides scholarships to students each term based on their financial need and scholastic ability as well as ged vouchers. Additionally, the foundation was able to assist 109 students with paying off their balances for fall 2020 semester. This allowed them to continue their studies without any delays.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $207K | $252K |
| InvestmentsLn 11–13 | $1.7M | $1.8M |
| Total assetsLn 16 | $1.9M | $2.1M |
| LiabilitiesLn 26 | $63K | $60K |
| Net assetsLn 32 | $1.9M | $2.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $126K | $126K | ||
| Other salaries and wagesLn 7 | $50K | $17K | $17K | $17K |
| Accounting feesLn 11c | $17K | $17K | ||
| Investment management feesLn 11f | $15K | $15K | ||
| Advertising and promotionLn 12 | $347 | $347 | ||
| Office expensesLn 13 | $518 | $518 | ||
| Information technologyLn 14 | $8K | $5K | $300 | $2K |
| Conferences, conventions and meetingsLn 19 | $2K | $761 | $1K | $223 |
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $20K | $17K | $3K | |
| Total functional expensesLn 25 | $240K | $165K | $55K | $19K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $719K | $452K | $267K | $2.1M | 990 PDF |
| FY2023 | $413K | $564K | −$152K | $1.9M | 990 PDF |
| FY2022 | $363K | $471K | −$108K | $1.9M | 990 PDF |
| FY2021 | $338K | $230K | $108K | $2.3M | 990 PDF |
| FY2020 Viewing | $231K | $240K | −$9K | $2.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $231,342 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 1 to look at
Part VIII · Statement of revenue $231,342 across 6 lines filed
Part IX · Statement of functional expenses $239,947 across 10 lines filed
Part X · Balance sheet $2,068,424 assets, 13 lines filed
Part XI · Reconciliation of net assets $2,008,700 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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