2026-05-07T09:15:22-05:00 2025-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2024-07-01 586043293 GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION INC GEOR 4046513174 CO ACCT SVCS PO BOX 4030 ATLANTA GA 30302 L JARED ABRAMSON TREASURER 4046513174 2026-05-07 1 1 MELISSA SEWARD P02145103 7709558600 2026-05-07 2024 2025-03-06 01:10:19Z M BRIAN BLAKE C/O ACCT SVCS PO BOX 4030 ATLANTA GA 30302 32899504 0 X WWW.GEORGIASTATESPORTS.COM X 1962 GA TO PROVIDE ADVICE, GUIDANCE, AND LEADERSHIP TO ADVANCE ATHLETICS AT GEORGIA STATE UNIVERSITY. 10 4 10 9 59125 8464 0 0 28147134 27082982 732986 774907 2592395 5020183 31472515 32878072 20709421 21210034 0 0 0 0 0 0 0 11547610 11702877 32257031 32912911 -784516 -34839 23323012 17513543 7263656 1489026 16059356 16024517 TO PROVIDE ADVICE, GUIDANCE, AND LEADERSHIP TO ADVANCE AND PROMOTE ATHLETICS AT GEORGIA STATE UNIVERSITY. 0 0 32833027 21210034 27023857 GSUAA PROVIDED THE FUNDING FOR 356, COMBINED MEN'S AND WOMEN'S, STUDENTS ATHLETIC SCHOLARSHIPS. GSUAA PROVIDED FUNDING FOR OPERATIONS OF MEN'S AND WOMEN'S ATHLETIC SPORTS PLUS OTHER RELATED ACTIVITIES. 32833027 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X L JARED ABRAMSON 4044134016 PO BOX 3975 ATLANTA GA 303023975 CHARLES COBB DIRECTOR, ATHLETIC DIRECTO 40.00 X X 0 460136 162925 DR M BRIAN BLAKE CHAIRMAN, PRESIDENT OF GSU 0.50 40.00 X X 0 0 0 L JARED ABRAMSON TREASURER, EVP & COO OF GS 0.50 40.00 X X 0 0 0 KRISTEN VARJAS DIRECTOR, ASSOC DEAN OF RE 0.50 40.00 X 0 0 0 ANDREW GEWIRTZ DIRECTOR, PROFESSOR AT GS 0.50 40.00 X 0 0 0 ALLEN POOLE DIRECTOR 0.50 X 0 0 0 TONY BURGER DIRECTOR 0.50 X 0 0 0 TELLY MCGAHA DIRECTOR 0.50 40.00 X 0 0 0 AMAR AGHA DIRECTOR, ASSISTANT GENERA 0.50 40.00 X 0 0 0 FRANK BOYKIN DIRECTOR 0.50 X 0 0 0 0 460136 162925 0 0 1 0 0 X ATHLETIC FEES 900099 19970735 19970735 GAME AND CONFERENCE REV 900099 4903517 4903517 SERVICE FEES & ADVERTISING 541800 1960828 1944903 15925 OTHER REVENUE 900099 247902 204702 43200 27082982 796339 796339 644953 0 644953 644953 644953 21432 -21432 -21432 -21432 CHANGE IN AFFILIATE-HELD NET ASSE 900099 3215994 3215994 REIMBURSEMENTS 900099 438490 438490 PARKING 900099 364074 364074 356672 356672 4375230 32878072 27023857 59125 5795090 21210034 21210034 43588 43588 1385993 1385993 203921 203921 2893036 2893036 140582 140582 380873 345882 34991 UNRELATED BUSINESS INCO 1305 1305 SUPPLIES AND MATERIALS 3783826 3783826 CHANGE IN AFFILIATE-HEL 1384107 1384107 GAME GUARANTEE EXPENSES 616796 616796 868850 868850 32912911 32833027 79884 0 12674743 2881025 491247 3632186 188479 231887 2408912 2050231 467950 358681 9500593 10409764 23323012 17513543 752425 760215 1776547 319170 4734684 409641 7263656 1489026 X 7465857 7708855 8593499 8315662 16059356 16024517 23323012 17513543 -34839 0 X X 0 1 X 1 0 X 2900537 2900537 6468372 6698399 6398512 6918717 6971214 33455214 9368909 6698399 6398512 6918717 6971214 36355751 36355751 416484 652439 913690 1441292 3423905 268618 9662872 1185063 2411691 4375230 17903474 57683130 137358868 0.63030 0.68920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 72,677. 2021 AMOUNT: $ 1,872. COMMISSIONS - 2020 AMOUNT: $ 20,001. 2021 AMOUNT: $ 79,867. 2022 AMOUNT: $ 297,466. 2023 AMOUNT: $ 201,180. 2024 AMOUNT: $ 356,672. PARKING - 2020 AMOUNT: $ 15,140. 2021 AMOUNT: $ 88,890. 2022 AMOUNT: $ 437,963. 2023 AMOUNT: $ 217,153. 2024 AMOUNT: $ 364,074. REIMBURSEMENTS - 2020 AMOUNT: $ 160,800. 2021 AMOUNT: $ 891,872. 2022 AMOUNT: $ 449,634. 2023 AMOUNT: $ 287,002. 2024 AMOUNT: $ 438,490. CHANGE IN AFFILIATE - 2021 AMOUNT: $ 8,600,371. 2023 AMOUNT: $ 1,706,356. 2024 AMOUNT: $ 3,215,994. 2408912 2050231 358681 358681 INTEREST IN NET ASSETS OF GSU FOUNDATION 9634610 DUE FROM GSU 719440 RIGHT OF USE ASSET 50180 EMPLOYEE ADVANCE 5534 10409764 CAPITAL LEASE PAYABLE 50180 DUE TO GSU 358823 UBIT TAXES PAYABLE 638 409641 X 39849286 6971214 6971214 32878072 0 32878072 39884125 6971214 6971214 32912911 0 32912911 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ASSOCIATION DID RECOGNIZE AN ESTIMATED TAX LIABILITY OF $638 AND $96,033 FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, RESPECTIVELY. 1 GEORGIA STATE UNIVERSITY 100 AUBURN AVE ATLANTA GA 30303 586002050 7390997 0 STUDENT SCHOLARSHIPS GEORGIA STATE UNIVERSITY 100 AUBURN AVE ATLANTA GA 30303 586002050 13819037 0 SPORTS OPERATIONS 1 0 PART II, LINE 1 THE COMPLIANCE DEPARTMENT MONITORS THE USE OF GRANT FUNDS AS REQUIRED BY THE NCAA THEY REVIEW ALL GRANTS FOR ALL SPORTS AND ALL ATHLETES ON A SEMESTER BASIS. 0 0 0 0 0 0 0 0 0 CHARLES COBB DIRECTOR, ATHLETIC DIRECTO 0 424636 0 29500 0 6000 0 0 0 162925 0 623061 0 0 FORM 990, PART VII, LINE 1, PART IX LINE 5 AND 7 THE GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL PERSONNEL ASSOCIATED WITH THE ATHLETIC ASSOCIATION ARE EMPLOYED BY GEORGIA STATE UNIVERSITY (EIN 58-6002050), A RELATED ORGANIZATION. CHARLES COBB, DIRECTOR OF ATHLETICS, RECEIVED $623,061 OF COMPENSATION AND BENEFITS FROM GEORGIA STATE UNIVERSITY FOR SERVICES PROVIDED TO GEORGIA STATE UNIVERSITY AND GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION. THE ATHLETIC ASSOCIATION REIMBURSES THE UNIVERSITY FOR 11 EMPLOYEES PROVIDING SERVICES TO THE ASSOCIATION. FORM 990, PART I, LINE 5 THE GEORGIA STATE UNIVERSITY ATHLETIC ASSOCIATION DOES NOT HAVE ANY W-2 EMPLOYEES. ALL EMPLOYEES ARE EMPLOYED BY REPORTING AGENT GEORGIA STATE UNIVERSITY (EIN 58-6002050), A RELATED ORGANIZATION. THE ATHLETIC ASSOCIATION REIMBURSES THE UNIVERSITY FOR THE COMPENSATION OF 10 EMPLOYEES PROVIDING SERVICES TO THE ASSOCIATION. THE REMAINING GSUAA EMPLOYEES SALARIES ARE DONATED BY GSU. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE REVIEWS THE FORM 990 IN DETAIL EACH YEAR, THEN PRESENTS THE FORM 990 TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY MONITORED TO ENSURE COMPLIANCE. INDIVIDUALS ARE ASKED TO DISLCOSE ANY RELATIONSHIPS WITH INDIVIDUALS DOING BUSINESS WITH THE ORGANIZATION THAT COULD RESULT IN A CONFLICT OF INTEREST. THE ORGANIZATION MUST FILE A DICLOSURE REPORT WITH THE GEORGIA SECRETARY OF STATE IF AN INDIVIDUAL IS A FULL-TIME OR PART-TIME EMPLOYEE OF GEORGIA STATE UNIVERSITY, TRANSACTED BUSINESS WITH THE STATE OF GEORGIA OR ANY OF ITS AGENCIES AND TRANSACTED BUSINESS ON BEHALF OF THEMSELVES OR FOR A BUSINESS IN WHICH THE INDIVIDUAL OR FAMILY-MEMBER HAS A SIGNIFICANT INTEREST. ALL BUSINESS TRANSACTIONS SHOULD REMAIN AT ARM'S-LENGTH. CONTRACTS ARE SIGNED BY THE COACHES, AND THE ENTIRE DEPARTMENT MUST ANNUALLY FILL OUT A FORM WHICH PROJECTS AND DISCLOSES ANY OUTSIDE INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII & PART IX INTEREST IN NET ASSETS HELD BY GSU FOUNDATION GSU FOUNDATION IS A FINANCIALLY INTERRELATED ENTITY WITH THE ASSOCIATION. THE GSU FOUNDATION INCLUDES IN ITS NET ASSETS CASH AND PROMISES TO GIVE THAT ARE TO BE USED FOR THE BENEFIT OF THE ASSOCIATION. UNDER FASB'S NOT-FOR-PROFIT PRESENTATION AND DISCLOSURE GUIDANCE, THE ASSOCIATION HAS AN ONGOING ECONOMIC INTEREST IN THE NET ASSETS OF THE GSU FOUNDATION. THE GSU FOUNDATION RECOGNIZES ALL CONTRIBUTIONS AND PROMISES TO GIVE DESIGNATED FOR THE BENEFIT OF THE ASSOCIATION. LIKEWISE, THE GSU FOUNDATION RECOGNIZES ALL PAYMENTS FOR THE BENEFIT OF THE ASSOCIATION AS EXPENSES. THE ASSOCIATION RECOGNIZES ITS INTEREST IN THE GSU FOUNDATION'S NET ASSETS AS ASSETS ON ITS STATEMENT OF FINANCIAL POSITION. FOR ITS NET ASSETS, THE GSU FOUNDATION RECOGNIZES THE BALANCES OF FUNDS AT THEIR FAIR VALUE AND THE PROMISES TO GIVE AT THEIR NET PRESENT VALUE OF ANY ALLOWANCES FOR UNCOLLECTIBLE AMOUNTS. INTEREST IN NET ASSETS OF GSU FOUNDATION, ENDING BALANCE: $9,634,610 DECREASE IN INTEREST IN NET ASSETS OF GSU FOUNDATION CONTRIBUTIONS AND SPENDING ALLOCATION, (NET OF CHANGE IN ESTIMATE OF ALLOWANCE FOR DOUBTFUL ACCOUNTS OF $155,310): $3,215,995 DECREASE IN INTEREST IN NET ASSETS OF GSU FOUNDATION DUE TO DISBURSEMENTS: $1,384,107 FORM 990, PART XII, LINE 2C THE PROCESS THE ORGANIZATION USES TO OVERSEE THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VIII , LINE 11A THE GEORGIA STATE UNIVERSITY FOUNDATION, INC. ("FOUNDATION") IS A FINANCIALLY INTERRELATED ENTITY WITH THE ASSOCIATION. THE FOUNDATION INCLUDES IN ITS NET ASSETS CASH AND PROMISES TO GIVE THAT ARE TO BE USED FOR THE BENEFIT OF THE ASSOCIATION. UNDER ASC 958, THE ASSOCIATION HAS AN ONGOING ECONOMIC INTEREST IN THE NET ASSETS OF THE FOUNDATION. THE FOUNDATION RECOGNIZES ALL CONTRIBUTIONS AND PROMISES TO GIVE DESIGNATED FOR THE BENEFIT OF THE ASSOCIATION. LIKEWISE, THE FOUNDATION RECOGNIZES ALL PAYMENTS FOR THE BENEFIT OF THE ASSOCIATION AS EXPENSES. THE ASSOCIATION RECOGNIZES ITS INTEREST IN THE FOUNDATION'S NET ASSETS AS ASSETS ON ITS STATEMENT OF FINANCIAL POSITION. FOR ITS NET ASSETS, THE FOUNDATION RECOGNIZES THE BALANCES OF FUNDS AT THEIR FAIR VALUE AND THE PROMISES TO GIVE AT THEIR NET PRESENT VALUE OF ANY ALLOWANCES FOR UNCOLLECTIBLE AMOUNTS. THE CHANGE IN THE ASSOCIATION'S INTEREST OF THE FOUNDATION'S NET ASSETS IS REFLECTED ON THE STATEMENT OF REVENUE AS A CHANGE IN INTEREST OF FINANCIALLY INTERRELATED ENTITY. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS "MEMBERS" TO THE EXTENT THAT THEY ARE CALLED MEMBERS FOR ALUMNI RECOGNITION PURPOSES ONLY. THE MEMBERSHIP DOES NOT HAVE THE RIGHT TO ELECT BOARD MEMBERS OR INFLUENCE THE DECISION MAKING BY THE TRUSTEES. GEORGIA STATE UNIVERSITY 100 AUBURN AVE ATLANTA GA 30303 586002050 EDUCATION GA 501(C)(3) UNVERSITY SYSTEM OF GEORGIA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0