2024-11-01T09:46:02-05:00 2024-06-30 580692043 MAULDIN & JENKINS LLC PO BOX 1877 MACON GA 312021877 990 2023-07-01 473727250 REACH GEORGIA FOUNDATION INC REAC 7707249019 2082 E EXCHANGE PL TUCKER GA 30084 LISA GARRISON TREASURER 7707249019 2024-10-28 1 1 HOPE PENDERGRASS P02364595 4784648000 2024-10-28 2023 2024-10-15 13:58:12Z LISA GARRISON 2082 E EXCHANGE PL TUCKER GA 30084 11408714 0 X REACHGA.ORG/ABOUT-REACH/REACH-GEORGIA-FOUNDATION/ X 2015 GA TO RAISE AND INVEST FUNDS TO SUPPORT THE REACH GEORGIA PROGRAM. ACTIVITIES INCLUDE FUNDRAISING, CREATING AWARENESS AND MANAGING INVESTMENTS. 15 15 0 15 0 0 2130893 1312853 0 0 1735209 2120765 400000 400000 4266102 3833618 0 0 0 0 0 0 0 0 0 2239246 2933086 2239246 2933086 2026856 900532 67010076 81266340 42382085 48752085 24627991 32514255 THE ORGANIZATION'S MISSION IS TO RAISE AND INVEST FUNDS TO SUPPORT THE REACH GEORGIA PROGRAM. 0 0 THE FOUNDATION RAISED MONEY THROUGH STATEWIDE PRIVATE FUNDRAISING AND CREATING AWARENESS FOR THE REACH GEORGIA PROGRAM WITHIN LOCAL SCHOOL DISTRICTS. THE PROGRAM HAS SUPPORTED MORE THAN 5,000 STUDENTS FROM LOW-INCOME HOUSEHOLDS AND HAS SERVED ALL 180 PUBLIC CITY AND COUNTY SCHOOL SYSTEMS ACROSS THE STATE OF GEORGIA. PARTICIPATING SCHOOL SYSTEMS PAIR SCHOLARS WITH MENTORS AND ACADEMIC COACHES TO ENSURE THE STUDENTS HAVE THE EDUCATIONAL, SOCIAL, AND FINANCIAL SUPPORT NEEDED TO SUCCESSFULLY GRADUATE FROM HIGH SCHOOL, ACCESS COLLEGE, AND ACHIEVE A POSTSECONDARY DEGREE. 2283750 THE FOUNDATION INVESTED FUNDS FROM THE ORGANIZATION'S FUNDRAISING EFFORTS AS WELL AS FUNDS THAT HAVE BEEN DONATED FROM LOCAL SCHOOL SYSTEMS AND THEIR COMMUNITIES. THOSE FUNDS ARE HELD ON BEHALF OF THE GEORGIA STUDENT FINANCE AUTHORITY TO PROVIDE FOR FUTURE SCHOLARSHIP AWARDS FOR REACH SCHOLARS AS WELL AS ADMINISTRATIVE AND SUPPORT SERVICES. 2283750 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 GA X THE ORGANIZATION 7707249019 2082 E EXCHANGE PL TUCKER GA 30084 X STEPHEN BEBAUN SECRETARY 1.00 X X 0 0 0 LISA GARRISON TREASURER 2.00 X X 0 0 0 KIMBERLY KNIGHT DIRECTOR 0.10 X 0 0 0 BILL GALLAGHER DIRECTOR 0.10 X 0 0 0 TJ ABRAMS DIRECTOR 0.10 X 0 0 0 KATIE CHASTAIN DIRECTOR 0.10 X 0 0 0 JAMIE MCCURRY EX-OFFICIO 0.10 X 0 0 0 JOHN PEMBERTON DIRECTOR 0.10 X 0 0 0 CARL PEOPLES DIRECTOR 0.10 X 0 0 0 GUS PURSLEY III DIRECTOR 0.10 X 0 0 0 BRAD SIMS EX-OFFICIO 0.10 X 0 0 0 RUSSELL SMITH DIRECTOR 0.10 X 0 0 0 ALEX WAYNE DIRECTOR 0.10 X 0 0 0 LIZ WOLVERTON DIRECTOR 0.10 X 0 0 0 LYNNE RILEY GSFC PRESIDENT DIRECTOR 1.00 X 0 0 0 TRACY IRELAND EX-OFFICIO CHAIR 1.00 X 0 0 0 JENNA COLVIN VICE CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1312853 1312853 1796244 1796244 7899617 7575096 324521 324521 324521 INVESTMENT SERVICES 523000 400000 400000 400000 3833618 400000 0 2120765 1500 1500 245580 245580 2256 2256 SCHOLARSHIP TRANSFERS 2283750 2283750 ADMINISTRATIVE SERVICES 400000 400000 2933086 2283750 649336 0 67010076 81266340 67010076 81266340 42382085 48752085 42382085 48752085 X 0 0 0 0 24627991 32514255 24627991 32514255 67010076 81266340 900532 6985732 0 X X 0 1 X 1 0 X 1367997 1357327 2277156 2130893 1312853 8446226 1367997 1357327 2277156 2130893 1312853 8446226 8446226 400000 400000 400000 400000 400000 2000000 10446226 1200000 0.80850 0.81830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FUNDS HELD FOR GSFA 48752085 48752085 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION AND GEORGIA. THE FOUNDATION HAS CONCLUDED NO MATERIAL UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN ON ANY OPEN TAX RETURNS. FOR THE CURRENT YEAR, THE FOUNDATION BELIEVES ALL TAX POSITIONS ARE FULLY SUPPORTABLE BY EXISTING FEDERAL LAW AND RELATED INTERPRETATIONS AND THERE ARE NO UNCERTAIN TAX POSITIONS TO CONSIDER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE GENERAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST: STEPHEN DEBAUN, GENERAL COUNSEL 2082 EAST EXCHANGE PLACE TUCKER, GA 30084 GEORGIA STUDENT FINANCE COMMISSION FORM 990, PART XII, LINE 2C THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR.