2024-11-25T09:32:53-05:00 2024-06-30 201702555 TOMKIEWICZ WRIGHT LLC 6111 PEACHTREE DUNWOODY RD BLG E ST ATLANTA GA 303284522 990 2023-07-01 582644893 HOME PARK LEARNING CENTER INC HOME 4043856616 225 NORTH AVENUE LYMAN HALL ATLANTA GA 30332 HOLLY SEEL TREASURER 4043856616 2024-11-22 false JOHN NELSON P00576033 7703510411 2024-11-25 2023 2024-10-15 13:58:12Z CAROLINA AMERO 19480 false X WWW.HPLC.GATECH.EDU X 2000 GA PROVIDE CHILD CARE SERVICES TO STAFF, FACULTY, AND STUDENTS OF GEORGIA TECH, AND TO RESIDENTS OF THE HOME PARK COMMUNITY. X 5 2 0 0 250389 8763 0 8415 10717 0 258804 19480 0 0 0 0 0 229350 661807 229350 661807 29454 -642327 1296245 48884 18612 13966 1277633 34918 PROVIDE CHILD CARE SERVICES TO STAFF, FACULTY, AND STUDENTS OF GEORGIA TECH, AND TO RESIDENTS OF THE HOME PARK COMMUNITY. false false 346780 PROVIDED CHILD CARE SERVICES TO FACULTY, STAFF, AND STUDENTS OF GEORGIA TECH, AND TO RESIDENTS OF THE HOME PARK COMMUNITY. 346780 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false true false true false false false true 0 0 0 false false false false false false false false false false false false false false X 5 2 false false false false false true false true true false false true true true true true true false false false GA X HOLLY SEEL 4043856616 221 UNCLE HEINIE WAY ROOM 325 ATLANTA GA 30332 KIMBERLY KURTIS DIRECTOR 1.00 39.00 X 0 284676 43015 KASEY HELTON DIRECTOR/ CH 1.00 39.00 X X 0 216465 64549 CHRISTOPHER BURKE DIRECTOR 1.00 39.00 X 0 152482 46369 CAROLINA AMERO PRESIDENT 1.00 39.00 X 0 145288 46579 TANESHA STEWARD SECRETARY 1.00 39.00 X 0 140707 47591 ROBERT JUNKO ASSISTANT TR 1.00 39.00 X 0 119424 43839 KELLY MACARTHUR TREASURER 0.00 40.00 X 0 117217 38862 HOLLY SEEL TREASURER 1.00 39.00 X 0 117592 36640 KIRA FREEMAN VICE PRESIDE 1.00 39.00 X 0 93196 37292 LESLIE ZOGLMAN ASSISTANT TR 1.00 39.00 X 0 97377 31762 CORTRELLA GREER FMR ASST SEC 1.00 39.00 X 0 69641 26656 HOWARD HODGES DIRECTOR 1.00 X 0 0 0 ROB MYERS DIRECTOR 1.00 X 0 0 0 1554065 463154 true true false 8763 8763 10717 10717 19480 10717 13070 13070 4431 4431 66884 66884 13920 12131 1789 ADDITIONAL GA TECH PMT 300000 300000 MANAGEMENT CONTRACT FEES 231609 231609 REPAIRS AND MAINTENANCE 20522 20522 TELECOMMUNICATIONS 7416 7416 3955 3787 168 661807 346780 315027 0 427642 47556 187318 9582 1328 633036 38667 1296245 48884 18612 13966 18612 13966 X 1238966 34918 38667 1277633 34918 1296245 48884 X -642327 -600388 X X false true X true false X X 2 GEORGIA INSTITUTE OF TECHNOLOGY GEORGIA INSTITUTE OF TECHNOLOGY 586002023 6 true 277424 0 HOME PARK COMMUNITY IMPROVEMENT ASSOCIATION INC HOME PARK COMMUNITY IMPROVEMENT ASSOCIATION INC 581205214 7 true 69356 0 2 346780 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 44822 25342 25342 19480 19480 687149 25342 25342 661807 661807 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES ARE REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740, INCOME TAXES, IS APPLICABLE TO NOT-FOR-PROFIT ENTITIES IN THAT CERTAIN MATTERS, SUCH AS THE ORGANIZATION'S TAX-EXEMPT STATUS, ARE CONSIDERED TAX POSITIONS TAKEN IN ITS ANNUAL INFORMATIONAL TAX RETURN AND THUS MUST BE ASSESSED FOR POTENTIAL UNRECOGNIZED TAX BENEFITS. UNDER ASC 740, THE ORGANIZATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT SUCH TAX POSITIONS TAKEN IN ITS INFORMATIONAL TAX RETURN WILL BE SUSTAINED BY TAXING AUTHORITIES UPON EXAMINATION OF THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH FINANCIAL STATEMENT PERIOD. UNRECOGNIZED TAX BENEFITS ARE MEASURED AND RECORDED AS A LIABILITY WHERE THE ORGANIZATION HAS DETERMINED IT TO BE PROBABLE A TAX POSITION WOULD NOT BE SUSTAINED AND THE AMOUNT OF THE UNRECOGNIZED TAX BENEFIT, INCLUDING ASSOCIATED PENALTIES AND INTEREST, CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION, OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE, COULD DIFFER FROM THE AMOUNT RECOGNIZED. MANAGEMENT HAS DETERMINED THAT THERE IS NO TAX LIABILITY RESULTING FROM UNRECOGNIZED TAX BENEFITS RELATING TO UNCERTAIN INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ITS INFORMATIONAL TAX RETURNS AS OF JUNE 30, 2024. NO INFORMATIONAL TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. false false false false false false false false false KIMBERLY KURTIS DIRECTOR 274776 9900 25869 17146 327691 KASEY HELTON DIRECTOR/ CHAIR 216465 44508 20041 281014 CHRISTOPHER BURKE DIRECTOR 152482 15174 31195 198851 CAROLINA AMERO PRESIDENT 145188 100 14603 31976 191867 TANESHA STEWARD SECRETARY 140707 29334 18257 188298 ROBERT JUNKO ASSISTANT TREASURER 119424 24899 18940 163263 KELLY MACARTHUR TREASURER 116543 674 24674 14188 156079 HOLLY SEEL TREASURER 117592 11642 24998 154232 EQUIPMENT 2024-06-30 566152 BOOK VALUE 586000511 CITY OF ATLANTA 55 TRINITY AVENUE SW ATLANTA GA 30303 GOVERNMENT false false false false FORM 990 DURING THE YEAR ENDED JUNE 30, 2024, ORGANIZATION MANAGEMENT AND GOVERNANCE, IN CONJUNCTION WITH THE GEORGIA INSTITUTE OF TECHNOLOGY ("GIT"), ASSESSED THE CHILD CARE OPTIONS CURRENTLY AVAILABLE TO THE FACULTY, STAFF, AND STUDENTS OF GIT AND THE RESIDENTS OF THE HOME PARK COMMUNITY AND CONCLUDED THAT SUCH SERVICES ARE READILY AND ADEQUATELY AVAILABLE FROM ALTERNATIVE SOURCES; THEREFORE, ON NOVEMBER 10, 2023, THE BOARD OF DIRECTORS ADOPTED A PLAN OF DISSOLUTION UNDER WHICH THE CHILD CARE CENTER CEASED OPERATIONS ON MAY 31, 2024, AND THE FACILITIES WERE SURRENDERED TO THE CITY OF ATLANTA (THE "CITY"). THE PRIMARY EFFECTS OF THE RELATED CHANGE IN ACCOUNTING METHODOLOGY WERE AS FOLLOWS: 1. THE TIME-RESTRICTED CONTRIBUTION RECEIVABLE BALANCE REPRESENTING THE ESTIMATED VALUE OF THE LAND LEASE CONTRIBUTED BY THE CITY WAS ADJUSTED DOWNWARDS BY 34,236 TO REFLECT THE BENEFIT RECEIVED THROUGH MAY 2024 ON A STRAIGHT-LINE BASIS. 2. LEASEHOLD IMPROVEMENTS WERE ADJUSTED DOWNWARDS TO THE VALUATION OF THEIR USAGE THROUGH MAY 2024 ON A STRAIGHT-LINE BASIS. FURNITURE AND EQUIPMENT WAS ADJUSTED IN AN IDENTICAL MANNER. MANAGEMENT DONATED THE ORGANIZATION'S FURNITURE AND EQUIPMENT TO THE CITY WITH THE FACILITY. THESE ADJUSTMENTS TOTAL 566,152. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD CONSISTS OF FIVE MEMBERS: THREE ARE APPOINTED BY THE PRESIDENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY (THE INSTITUTE); TWO ARE APPOINTED BY THE HOME PARK COMMUNITY IMPROVEMENT ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 11B THE SECRETARY OF HOME PARK LEARNING CENTER, INC. EMAILS A DRAFT OF THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. IF THE REVIEW RESULTS IN ANY CHANGES, THE REVISED FORM 990 IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY APPLIES TO EACH MEMBER OF THE BOARD OF DIRECTORS AND TO ALL OFFICERS OF THE ORGANIZATION. THE POLICY ALSO SERVES AS GUIDANCE FOR ALL PERSONS EMPLOYED BY THE GEORGIA INSTITUTE OF TECHNOLOGY WHO HAVE SIGNIFICANT RESPONSIBILITIES FOR THE ACTIVITIES OF THE ORGANIZATION. THE POLICY REQUIRES EACH DIRECTOR AND OFFICER ANNUALLY TO (1)REVIEW THE POLICY (2)DISCLOSE ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE ORGANIZATION AND (3)ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT THEY ARE IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THE POLICY. DISCLOSURE FORMS ARE DISTRIBUTED AND COLLECTED BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION WHO PROVIDES ANY POSITIVE RESPONSES TO THE BOARD OF DIRECTORS IN EXECUTIVE SESSION AS APPROPRIATE. DIRECTORS AND OFFICERS ARE REQUESTED TO DISCLOSE SUBSTANTIVE RELATIONSHIPS THEY OR MEMBERS OF THEIR FAMILY MAINTAIN WITH ORGANIZATIONS THAT DO BUSINESS WITH THE ORGANIZATION OR WHICH OTHERWISE COULD BE CONSTRUED TO POTENTIALLY AFFECT THEIR INDEPENDENT, UNBIASED JUDGMENT IN LIGHT OF THEIR DECISION- MAKING AUTHORITY OR RESPONSIBILITY. DIRECTORS OR OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST REFRAIN FROM CONSIDERATION OF PROPOSED TRANSACTIONS UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION. PERSONS WITH THE CONFLICTS DO NOT VOTE, PARTICIPATE IN THE DISCUSSION OR ATTEND THE MEETING DURING VOTE. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN DECLARED OR FOUND TO EXIST MUST BE APPROVED BY A MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE OF THE BOARD AFTER DISCLOSURE OF THE CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 HPLC'S ARTICLES OF INCORPORATION, BYLAWS, AND AUDITED FINANCIAL STATEMENTS ARE ON THE HPLC WEBSITE (WWW.HPLC.GATECH.EDU). FORM 990, PART XI, LINE 9 IMPAIRMENT OF RESTRICTED DONATION -34,236 IMPAIRMENT OF PROPERTY AND EQUIPMENT -566,152 TOTAL -600,388 FORM 990, PAGE 12, PART XII, LINE 1 LIQUIDATION BASIS ADOPTED WHEN THE BOARD RESOLVED TO CEASE OPERATIONS, AS NOTED ABOVE. GEORGIA ADVANCED TECHNOLOGY VENTURE 225 NORTH AVENUE NW ATLANTA GA 30332 582538285 ECON DEVEL GA 501C3 12A GEORGIA TE false GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE NW ATLANTA GA 30332 586002023 EDU&RESEAR GA 115 NA false GEORGIA TECH APPLIED RESEARCH CORPO 926 DALNEY ST NW ATLANTA GA 30332 582374837 SPON RESEA GA 501C3 12C GEORGIA TE false GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY NW ATLANTA GA 30332 580622514 ATHLETICS GA 501C3 7 GEORGIA TE false GEORGIA TECH FACILITIES INC 225 NORTH AVENUE NW ATLANTA GA 30332 521442293 RE DEVELOP GA 501C3 12A GEORGIA TE false GEORGIA TECH GLOBAL INC 225 NORTH AVENUE NW ATLANTA GA 30332 271010747 SUPPORT ED GA 501C3 12A GEORGIA TE false GEORGIA TECH RESEARCH CORPORATION 926 DALNEY ST NW ATLANTA GA 30332 580603146 SPON RESEA GA 501C3 12C GEORGIA TE false SOUTHERN LIGHT RAIL INC 225 NORTH AVENUE NW ATLANTA GA 30332 300240711 COMMUNICAT GA 501C3 7 GEORGIA TE false GLOBAL CENTER FOR MEDICAL INNOVA TION INC 575 14TH STREET NW ATLANTA GA 30332 264723391 MEDICAL DE GA 501C3 7 GEORGIA TE false GEORGIA TECH SHENZHEN EDUCATION FOU NDATION ROOM 706 TOWER A SCC 88 FIRST HAIDE AVE SHENZHEN CHINA CH GLOBAL SU CH 501C3 GEORGIA TE false GEORGIA TECH PANAMA FOUNDATION MOSSFON BLDG 2ND FL EAST 54TH ST PANAMA CITY PM PM GLOBAL SUP PM 501C3 GT GLOBAL false false true true false false false false false false false false false false false false false false false false