2023-11-15T16:18:35-06:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-07-01 586943613 GEORGIA MILITARY COLLEGE FOUNDATION INC GEOR 4783870230 410 S JEFFERSON ST MILLEDGEVILLE GA 31061 ALLEN SIMMONS EXECUTIVE DIRECTOR 4784452692 2023-11-15 1 ALLEN SIMMONS XXX-XX-XXXX 1 MARY JO ALEXANDER P00002534 7709558600 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALLEN SIMMONS 410 S JEFFERSON ST MILLEDGEVILLE GA 31061 13609018 0 X N/A X 1955 GA THE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES AND MANAGING ENDOWMENT FUNDS. 47 46 2 46 0 0 3409835 1747953 0 0 1631460 -3097067 36095 -165873 5077390 -1514987 872015 1048385 0 0 0 0 0 0 16398 236146 228148 1108161 1276533 3969229 -2791520 39977795 46633369 166767 3087671 39811028 43545698 THE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES AND MANAGING ENDOWMENT FUNDS. 0 0 1058493 1048385 THE ORGANIZATION SUPPORTS GEORGIA MILITARY COLLEGE BY RAISING FUNDS, IMPROVING FACILITIES, PROVIDING PROGRAM SUPPORT AND MANAGING ENDOWMENT FUNDS. 1058493 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 X 13 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 47 46 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 GA X THE ORGANIZATION 4783870230 410 S JEFFERSON ST MILLEDGEVILLE GA 31061 MARK STROM EXECUTIVE DIRECTOR 40.00 X X 138878 0 39107 SUSAN V MEEKS SECRETARY 40.00 X 94614 0 30143 ALLEN SIMMONS EXECUTIVE DIRECTOR 40.00 X X 0 0 0 WILLIAM B CALDWELL IV GMC PRESIDENT, EX-OFFICIO TRUSTEE 1.00 X X 0 0 0 DAVID GRANT CHAIR 1.00 X X 0 0 0 BARBARA RION VICE CHAIR 1.00 X X 0 0 0 TERI WHITE CHAIRPERSON, TREASURER 1.00 X X 0 0 0 SHAWN ALLEN TRUSTEE 1.00 X 0 0 0 L J BAKER TRUSTEE 1.00 X 0 0 0 FRANK BAUGH TRUSTEE 1.00 X 0 0 0 BOBBY CHRISTINE TRUSTEE 1.00 X 0 0 0 GEORGE COLETTI TRUSTEE 1.00 X 0 0 0 MIKE COUCH TRUSTEE 1.00 X 0 0 0 PATSY CRAIG TRUSTEE 1.00 X 0 0 0 MCKENZIE DAVENPORT TRUSTEE 1.00 X 0 0 0 JEFF DAVIS TRUSTEE 1.00 X 0 0 0 MICHAEL DUKE TRUSTEE 1.00 X 0 0 0 LEE ECHOLS TRUSTEE 1.00 X 0 0 0 JOHN FICKETT TRUSTEE 1.00 X 0 0 0 MARTHA GOODRICH TRUSTEE 1.00 X 0 0 0 GEOFF GRANDSTAFF TRUSTEE 1.00 X 0 0 0 JEFF GRAY TRUSTEE 1.00 X 0 0 0 MARCIA HATCHER TRUSTEE 1.00 X 0 0 0 INEZ HAWKINS TRUSTEE 1.00 X 0 0 0 AL JACKSON TRUSTEE 1.00 X 0 0 0 JACK KRAPF TRUSTEE 1.00 X 0 0 0 DAVID LUKE TRUSTEE 1.00 X 0 0 0 THOMAS LYNCH TRUSTEE 1.00 X 0 0 0 JAMES LUNSFORD TRUSTEE 1.00 X 0 0 0 KENNY MARKS TRUSTEE 1.00 X 0 0 0 HAROLD MASON TRUSTEE 1.00 X 0 0 0 MERRITT MASSEY TRUSTEE 1.00 X 0 0 0 RICHARD MASSEY TRUSTEE 1.00 X 0 0 0 KARYE MOREAU TRUSTEE 1.00 X 0 0 0 REGINALD NEAL TRUSTEE 1.00 X 0 0 0 MIKE PROSPERI TRUSTEE 1.00 X 0 0 0 ROBERT POSNER TRUSTEE 1.00 X 0 0 0 GUS PURSLEY TRUSTEE 1.00 X 0 0 0 DUDLEY ROWE TRUSTEE 1.00 X 0 0 0 TERRY SCHUBERT TRUSTEE 1.00 X 0 0 0 CHARLES SIKES TRUSTEE 1.00 X 0 0 0 NOLAN STEPHENS TRUSTEE 1.00 X 0 0 0 GARRETT SMITH TRUSTEE 1.00 X 0 0 0 LARRY THOMPSON TRUSTEE 1.00 X 0 0 0 PATRICIA THOMPSON TRUSTEE 1.00 X 0 0 0 MIKE TORINO TRUSTEE 1.00 X 0 0 0 TOM TORRANCE TRUSTEE 1.00 X 0 0 0 BEN UNDERWOOD TRUSTEE 1.00 X 0 0 0 RUSSELL WALDEN TRUSTEE 1.00 X 0 0 0 233492 0 69250 1 0 1 1 STRIBLING LAW FIRM PC 241 E HANCOCK STREET MILLEDGEVILLE GA 31061 LEGAL SERVICES, PROPERTY CLOSING 265708 1 1747953 17465 1747953 991644 991644 285024 452170 -167146 -167146 -167146 10583124 14671835 -4088711 -4088711 -4088711 REFUNDS, REIMBURSEMENTS, ETC. 900099 1273 1273 1273 -1514987 0 0 -3262940 1048385 1048385 18283 18283 109474 109474 9826 78 9748 53376 53376 2216 2216 115 115 16398 16398 1010 1010 11308 662 10646 REPAIRS AND MAINTENANCE 6142 6142 1276533 1058493 201642 16398 1199492 1541117 30836 194606 1707405 1070995 1670948 102054 384472 1568894 35465338 39190860 1190252 3066897 39977795 46633369 16767 21411 150000 0 0 3066260 166767 3087671 X 5429525 7616993 34381503 35928705 39811028 43545698 39977795 46633369 X -2791520 6527651 -1461 X X 0 1 X 1 0 X 5651769 1254282 7544250 3409835 1747953 19608089 175598 182284 204932 201503 241054 1005371 5827367 1436566 7749182 3611338 1989007 20613460 2889701 17723759 482036 642070 942064 2322914 1276668 5665752 2508 25000 1273 28781 26307993 0.67370 0.70850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS REIMBURSEMENTS ETC - 2018 AMOUNT: $ 2,508. 2020 AMOUNT: $ 25,000. 2022 AMOUNT: $ 1,273. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6500 284132 X 0 34979370 2346450 2460409 1174133 38612096 39853260 1109356 -5593199 390047 34979370 25390705 8170886 6706977 415308 39853260 27462118 512377 -1715788 868002 25390705 21683012 5827367 1176910 1123785 101386 27462118 0.10000 0.57000 0.33000 0 0 63000 63000 1586275 80381 1505894 21673 21673 0 1568894 INVESTMENTS-CASH SURRENDER VALUE 19259 OTHER ASSETS - COLLECTIBLES 284132 RIGHT OF USE ASSET 2733594 DEFERRED RENT RECEIVABLE 29912 3066897 LEASE LIABILITY 3066260 3066260 X 5597526 6527651 243627 -1461 6769817 -1172291 109474 -452170 -342696 -1514987 1862856 243627 452170 695797 1167059 109474 109474 1276533 PART III, LINE 4: THE ORGANIZATION RETAINS HISTORICAL EDUCATIONAL ARTIFACTS FOR SHARING WITH STUDENTS THE HISTORY OF THE UNITED STATES. PART V, LINE 4: SUPPORT GEORGIA MILITARY COLLEGE PART X, LINE 2: IT IS THE FOUNDATION'S POLICY TO ACCOUNT FOR ANY UNCERTAINTIES IN INCOME TAX LAW IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND REQUIRES THAT THE FOUNDATION RECOGNIZE THE IMPACT OF SUCH A TAX POSITION IN ITS FINANCIAL STATEMENTS IF, UPON ULTIMATE SETTLEMENT, THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OF THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CSV -1,461. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -452,170. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 452,170. 1 GEORGIA MILITARY COLLEGE 201 E GREENE STREET MILLEDGEVILLE GA 31061 580616992 1048385 0 TO PROVIDE SCHOLARSHIPS TO STUDENTS AND TO PROVIDE OTHER PROGRAM SUPPORT TO THE COLLEGE. 1 0 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON APPLICATIONS RECEIVED AND CRITERIA FOR INDIVIDUAL SCHOLARSHIP. OTHER SUPPORT TO GEORGIA MILITARY COLLEGE IS BASED ON THE NEEDS OF THE COLLEGE, THE INTENT OF THE DONOR RESTRICTED CONTRIBUTIONS AND BOARD APPROVED FUNDINGS. 0 0 0 0 0 0 0 0 0 MARK STROM EXECUTIVE DIRECTOR 138878 0 0 0 0 0 27767 0 11340 0 177985 0 0 0 SCH J AND FORM 990 PART VII THE ORGANIZATION'S MISSION IS CARRIED OUT BY TWO EMPLOYEES OF AN UNRELATED ORGANIZATION GEORGIA MILITARY COLLEGE, EIN 58-0616992. REPORTED ON PART VII IS THE COMPENSATION AND BENEFITS FOR EXECUTIVE DIRECTOR, MARK STROM, TOTALING $177,985 AND SECRETARY, SUSAN MEEKS, TOTALING $124,757. X 1 6500 FAIR MARKET VALUE X 1 5832 FAIR MARKET VALUE X FURNITURE AND EQUIPMENT 5 4143 FMV X DONATED AUCTION ITEMS 1 990 FMV 0 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 5 GEORGIA MILITARY COLLEGE FOUNDATION, INC. HAS NO W-2 EMPLOYEES. COMPENSATION OF EMPLOYEES IS FROM AND REPORTED BY AN UNRELATED ORGANIZATION, GEORGIA MILITARY COLLEGE, EIN 58-0616992, FOR SERVICES RENDERED TO THE FOUNDATION. GEORGIA MILITARY COLLEGE DONATED SALARIES AND BENEFITS FOR FY23 TOTALING $230,022. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS, LARRY AND PATRICIA THOMPSON, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND ENTIRE BOARD PRIOR TO FILING. THIS IS ACCOMPLISHED ELECTRONICALLY WITH A DEADLINE SET FOR COMMENT. NO FORMAL MEETING IS HELD FOR THIS PURPOSE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES AND PROCEDURES OF THE ORGANIZATION AND ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CSV -1,461. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT OF THE ANNUAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. 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