Georgia Tech Applied Research Corporation
99% goes to programs Growing revenue
Georgia Tech Applied Research Corporation is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1999, with $903,257,158 in FY2023 revenue. CharityIndex grades it B+, and it directs about 99% of spending to programs.
926 Dalney St Nw, Atlanta, GA, 30318 EIN 58-2374837 Since 1999
Revenue (FY2023)
$903.3M
▲ 8.5% vs prior year
Health median: $840K
Expenses (FY2023)
$907.1M
Net assets
$76.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Georgia Tech Applied Research Corporation: 99% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Georgia Tech Applied Research Corporation: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Georgia Tech Applied Research Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Georgia Tech Applied Research Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The mission of the georgia tech applied research corporation (gtarc) is to provide efficient and effective contracting, grant, and research administration services for the georgia tech research institute (gtri), a non-profit research arm of the georgia institute of technology. gtarc provides business management services for gtri as it conducts focused programs of innovative research, technical assistance, and economic development that advance the global competitiveness of georgia, the southeast region, and the nation. gtarc serves as the sole contracting entity for gtri.
Contact & location
- Address
- 926 Dalney St Nw, Atlanta, GA, 30318
- City
- Atlanta
- State
- Georgia
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $294.7M (FY2013) to $903.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $324.3MNet assets $76.3M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$400.6M
Total liabilities
$324.3M
Net assets
$76.3M
Salaries & benefits
$0
0% of expenses
Board members
12
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $903,257,158▲8.5% | $907,100,849▲10.1% | $76,266,315▼4.8% | $400,581,870▲12.6% | 990 |
| 2022 | $832,626,634▲17.9% | $823,570,080▲20.3% | $80,110,006▲12.7% | $355,628,608▲13.0% | 990 |
| 2021 | $705,926,938▲11.3% | $684,464,528▲9.8% | $71,053,452▲43.3% | $314,724,771▲65.7% | 990 |
| 2020 | $634,160,368▲12.3% | $623,644,120▲12.1% | $49,591,042▲19.8% | $189,895,321▲16.2% | 990 |
| 2019 | $564,463,170▲15.0% | $556,343,952▲15.0% | $41,404,581▲24.4% | $163,481,668▲23.9% | 990 |
| 2018 | $490,735,434▲14.6% | $483,572,717▲14.0% | $33,285,363▲27.4% | $131,959,517▲14.6% | 990 |
| 2017 | $428,255,526▲11.4% | $424,112,124▲10.5% | $26,122,646▲18.9% | $115,156,357▲22.1% | 990 |
| 2016 | $384,521,462▲7.1% | $383,925,525▲6.9% | $21,979,244▲2.8% | $94,281,806▼4.4% | 990 |
| 2015 | $358,880,267▲5.3% | $359,193,050▲5.5% | $21,383,307▼1.4% | $98,672,291▲9.3% | 990 |
| 2014 | $340,921,549▲15.7% | $340,566,330▲15.6% | $21,696,090▲1.7% | $90,255,785▲12.2% | 990 |
| 2013 | $294,672,689 | $294,515,448▲0.7% | $21,340,872▲0.7% | $80,440,840▲5.1% | 990 |
| 2012 | — | $292,530,119▲22.3% | $21,183,632▼0.2% | $76,537,793▲7.9% | 990 |
| 2011 | — | $239,186,815▲14.6% | $21,219,858▲0.3% | $70,913,621▲15.4% | 990 |
| 2010 | — | $208,629,980▲6.2% | $21,157,988▲0.9% | $61,462,207▲3.9% | 990 |
| 2009 | — | $196,364,175 | $20,974,150 | $59,161,274 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Albert Concord | Facility Security Officer | 1 | — |
| Bruce Henry | Asst Sec and Asst. Treas. | 1 | — |
| Chaouki Abdallah | President | 1 | — |
| Cynthia Hope | Vp and Asst. Secretary | 40 | — |
| Earl C Wyatt | Trustee | 0.5 | — |
| James Fortner | Asst Sec and Asst. Treas. | 1 | — |
| James Hudgens | Secretary | 1 | — |
| J Andrew Howard | Asst Sec. (05/12/2023 - Current) | 20 | — |
| Kenneth Massaroni | Trustee | 0.5 | — |
| Kevin Wozniak | Asst Sec. | 1 | — |
| Kim Toatley | Treasurer | 1 | — |
| Leslie Sibert | Trustee | 0.5 | — |
| Ling-ling Nie | Trustee | 0.5 | — |
| Mark Militello | Sr. Director Gtri Acct | 1 | — |
| Michael Shannon | Trustee (01/01/23-06/01/23) | 1 | — |
| Neil Vitro | Asst Sec and Asst. Treas. | 20 | — |
| Patrick Kelly | Trustee | 0.5 | — |
| Rebecca E Weirick | Trustee | 0.5 | — |
| Roberta Burke | Asst Sec. | 1 | — |
| Robert Foy | General Manager | 20 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Georgia Institute of Technology | Research | $834,993,379 |
| Gatv Inc Gt Cobb Research Campus | Real Estate | $4,122,970 |
| Gtf Atc LLC | Real Estate | $2,338,906 |
| The University Financing Foundation Inc | Real Estate | $2,130,821 |
| Centergy One Assoc LLC | Real Estate | $2,022,850 |
Grants received · $4.8M total
30 grants to Georgia Tech Applied Research Corporation totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Carnegie Mellon University | Education/research | 2023 | $178,029 |
| University of Southern California | Subaward | 2023 | $67,500 |
| Urban Institute | Grant sub-award | 2023 | $5,373 |
| Johns Hopkins University | Sub-award | 2022 | $280,574 |
| Carnegie Mellon University | Education/research subcontracts | 2022 | $171,663 |
| Urban Institute | Grant sub-award | 2022 | $78,615 |
| Emory University | Research/subcontract | 2022 | $33,826 |
| Vanderbilt University Medical Center | Research | 2021 | $87,324 |
| Urban Institute | Grant sub-award | 2021 | $5,813 |
| Michael J Fox Foundation For Parkinsons Research | Parkinson's research | 2020 | $647,325 |
| Carnegie Mellon University | Education/research subcontracts | 2020 | $173,238 |
| Emory University | Research/subcontract | 2020 | $51,968 |
| Vanderbilt University Medical Center | Research | 2020 | $50,773 |
| Johns Hopkins University | Sub-award | 2020 | $35,885 |
| Urban Institute | Grant sub-award | 2020 | $6,974 |
Grants made · $11.7M in FY2023
2 grants totaling $11.7M in FY2023. All grants made by Georgia Tech Applied Research Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Georgia Institute of Technology | Strategic research support | $10,648,210 |
| Georgia Institute of Technology | Research program support | $1,099,269 |
Similar organizations in Health
Health
Piedmont Athens Regional Medical Center Inc
Athens, GA
$885.7M
A+annual revenue
Health
Phoebe Putney Memorial Hospital Inc
Albany, GA
$857.5M
Aannual revenue
Health
Floyd Healthcare Management Inc
Rome, GA
$772.1M
Aannual revenue
Health
Fayette Community Hospital Inc
Fayetteville, GA
$748.8M
Aannual revenue
- Health
Piedmont Henry Hospital Inc
Stockbridge, GA
$672.1M
Aannual revenue
Health
Medical Center of Central Georgia Inc
Macon, GA
$1.2B
A+annual revenue
Health
Cobb Hospital
Marietta, GA
$1.2B
Aannual revenue
- Health
University Health Services Inc
Augusta, GA
$611.5M
Aannual revenue
The Medical Center Inc
Columbus, GA
$593.7M
C+annual revenue
Health
Candler Hospital Incorporated
Savannah, GA
$562.7M
Aannual revenue
Compare Georgia Tech Applied Research Corporation
Frequently asked questions
- Is Georgia Tech Applied Research Corporation a legitimate nonprofit?
- Yes. Georgia Tech Applied Research Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2374837, based in Atlanta, Georgia. Donations are tax-deductible.
- What is Georgia Tech Applied Research Corporation's EIN?
- Georgia Tech Applied Research Corporation's Employer Identification Number (EIN) is 58-2374837.
- How much revenue does Georgia Tech Applied Research Corporation report?
- Georgia Tech Applied Research Corporation reported $903,257,158 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Georgia Tech Applied Research Corporation's spending goes to programs?
- Georgia Tech Applied Research Corporation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Georgia Tech Applied Research Corporation have?
- CharityIndex grades Georgia Tech Applied Research Corporation B+, based on program efficiency and fundraising cost.
- How much does Georgia Tech Applied Research Corporation's highest-paid employee make?
- The highest reported compensation on Georgia Tech Applied Research Corporation's latest Form 990 is $0, paid to Albert Concord (Facility Security Officer).
More nonprofits in Atlanta
Explore more
Data for Georgia Tech Applied Research Corporation (EIN 58-2374837) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.