Totals
- Total revenue
- $1,013,881
- Total expenses
- $960,805
- Contributions and grants received
- $413,356
- Grants paid
- $810,540
- Program service revenue
- $0
- Investment income
- $600,525
- Other revenue
- $0
- Total assets, end of year
- $9,946,192
- Total liabilities, end of year
- $120,475
- Net assets or fund balances, end of year
- $9,825,717
- Program services expenses (Part IX)
- $816,749
- Management and general expenses
- $123,907
- Fundraising expenses
- $20,149
- Program service expenses (Part III)
- $816,749
Program services were 85.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$413,356
-
1g · Noncash contributions included above
$61,307
-
3 · Investment income
total $240,941 · excluded $240,941
-
7a · Gross sales of assets other than inventory
securities $359,584
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $359,584
-
7d · Net gain or loss
total $359,584 · excluded $359,584
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $616,010 · program services $616,010
-
2 · Grants to domestic individuals
total $194,530 · program services $194,530
-
11c · Fees: accounting
total $27,591 · management and general $27,591
-
11f · Fees: investment management
total $31,968 · management and general $31,968
-
13 · Office expenses
total $2,092 · management and general $1,694 · fundraising $398
-
19 · Conferences, conventions and meetings
total $31,472 · program services $6,209 · management and general $12,729 · fundraising $12,534
-
23 · Insurance
total $1,629 · management and general $1,629
-
24a · Other expenses: MEMBERSHIP AND DUES
total $55,513 · management and general $48,296 · fundraising $7,217
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $180,749 · end of year $46,857
-
2 · Savings and temporary cash investments
beginning of year $367,386 · end of year $384,402
-
3 · Pledges and grants receivable
beginning of year $10,925 · end of year $45,701
-
11 · Investments: publicly traded securities
beginning of year $8,869,687 · end of year $9,469,232
-
15 · Other assets
beginning of year $3,243 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $36,913 · end of year $119,197
-
25 · Other liabilities
beginning of year $1,278 · end of year $1,278
-
27 · Net assets without donor restrictions
beginning of year $1,041,472 · end of year $1,285,787
-
28 · Net assets with donor restrictions
beginning of year $8,352,327 · end of year $8,539,930
Mission and programs · 2024
Mission
THE GWINNETT TECH FOUNDATION EXISTS FOR THE SOLE PURPOSE OF HELPING GWINNETT TECHNICAL COLLEGE AND ITS STUDENTS SUCCEED THROUGH FINANCIAL SUPPORT INCLUDING SCHOLARSHIPS.
Activities or mission (Part I)
THE PURPOSE OF GWINNETT TECH FOUNDATION IS TO AID AND SUPPORT GWINNETT TECHNICAL COLLEGE.
-
THE FOUNDATION'S EXEMPT PURPOSE IS TO GENERATE AND PROVIDE ADDITIONAL FUNDS FOR THE SUPPORT OF THE STUDENTS, PROGRAMS AND SERVICES OF GWINNETT TECHNICAL COLLEGE IN ORDER TO HELP THE COLLEGE ACHIEVE ITS STATED GOALS AND OBJECTIVES. GWINNETT TECHNICAL COLLEGE IS A TWO-YEAR TECHNICAL SCHOOL UNIT OF THE TECHNICAL COLLEGE SYSTEM OF GEORGIA WITH CAMPUSES IN LAWRENCEVILLE AND ALPHARETTA, GEORGIA THAT OFFERS OVER 140 PROGRAMS OF STUDY FOR OVER 12,000 ENROLLED STUDENTS.
Expenses $816,749 · Grants $810,540
As filed on the 2024 return.
Listed in Part VII
-
Kali BoatrightKALI BOATRIGHT
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer BridwellJENNIFER BRIDWELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jason EtheridgeJASON ETHERIDGE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Max Chip CoberlyMAX CHIP COBERLY
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Cliff ClarkCLIFF CLARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kelley BalkcomKELLEY BALKCOM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cole PorterCOLE PORTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kim AnkerKIM ANKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael CarriganMICHAEL CARRIGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nancy DuNANCY DU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Larry EbertLARRY EBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paula LevesquePAULA LEVESQUE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Depriest WaddyDEPRIEST WADDY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Darcie JohnsonDARCIE JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $151,604
- From this org
- $100,000
- From related orgs
- $0
- Other
- $51,604
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $100,000
- Bonus
- $0
- Other
- $0
- Deferred
- $20,780
- Nontaxable benefits
- $30,824
- Filer's total
- $151,604
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- FORM 990 PART VII LINE 5
- EXECUTIVE DIRECTOR, DARCIE JOHNSON PERFORMED FULL-TIME SERVICES FOR GWINNETT TECH FOUNDATION, INC, BEGINNING APRIL 2024, WHILE EMPLOYED BY GWINNETT TECH . HER REPORTABLE COMPENSATION FOR THIS POSITION DURING CALENDAR 2024 WAS $151,604.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$616,010
TO SUPPORT THE ACADEMIC PURSUITS OF GWINNETT TECHNICAL COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349313921
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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