Georgia Tech Research Corporation
99% goes to programs $0 to raise $100 Growing revenue
Georgia Tech Research Corporation is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1947, with $475,428,916 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
926 Dalney St Nw, Atlanta, GA, 30318 EIN 58-0603146 Since 1947
Revenue (FY2023)
$475.4M
▲ 10.1% vs prior year
Health median: $840K
Expenses (FY2023)
$468.4M
Net assets
$88.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
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 Research Corporation: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +1% 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 Research Corporation: 2 mo reserves · +1% margin earns a B 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 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 Research Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Georgia tech research corporation advances research and technological development at georgia tech as it continually seeks to advance society and the global competitiveness of georgia and the nation. gtrc supports and promotes research through its stewardship of the funds for sponsored research and financial support of research activities. gtrc embodies georgia tech's founding spirit of entrepreneurship and focus on the applications of engineering, science and technology to the creation of meaningful new ideas, methods, and opportunities. through technology transfer, gtrc enables the institute to maintain beneficial partnerships with public and private sectors in research and technology to assure the benefits of discovery are widely disseminated.
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 $311.6M (FY2013) to $475.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $235.2MNet assets $88.4M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$323.6M
Total liabilities
$235.2M
Net assets
$88.4M
Salaries & benefits
$0
0% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $475,428,916▲10.1% | $468,358,410▲11.8% | $88,436,098▲8.7% | $323,605,409▼2.4% | 990 |
| 2022 | $431,842,324▲9.5% | $418,940,505▲10.4% | $81,365,592▲18.8% | $331,557,866▲0.4% | 990 |
| 2021 | $394,284,432▲14.3% | $379,540,022▲14.2% | $68,463,773▲27.4% | $330,106,469▲87.4% | 990 |
| 2020 | $344,901,970▲4.3% | $332,351,380▲1.0% | $53,719,363▲30.5% | $176,132,447▲18.7% | 990 |
| 2019 | $330,618,954▼3.9% | $329,196,917▼3.8% | $41,168,773▲3.6% | $148,330,156▲4.8% | 990 |
| 2018 | $343,861,770▲4.4% | $342,271,856▲5.2% | $39,746,736▲4.2% | $141,486,195▲2.4% | 990 |
| 2017 | $329,429,117▲9.8% | $325,413,224▲9.7% | $38,156,822▲11.8% | $138,158,314▲6.5% | 990 |
| 2016 | $300,099,481▲1.0% | $296,745,682▲0.2% | $34,140,929▲10.9% | $129,764,692▲4.3% | 990 |
| 2015 | $297,270,059▼2.0% | $296,162,213▼1.6% | $30,787,130▲3.7% | $124,450,970▲7.1% | 990 |
| 2014 | $303,379,123▼2.6% | $300,857,686▼2.6% | $29,679,284▲9.3% | $116,228,292▲15.7% | 990 |
| 2013 | $311,567,852 | $308,953,403▼6.2% | $27,157,848▲10.6% | $100,463,033▲2.5% | 990 |
| 2012 | — | $329,433,851▼3.4% | $24,546,788▲3.1% | $98,057,491▼3.4% | 990 |
| 2011 | — | $341,009,444▲12.9% | $23,799,058▲10.6% | $101,500,698▲4.6% | 990 |
| 2010 | — | $302,140,652▲11.5% | $21,513,824▲32.8% | $97,055,425▲11.9% | 990 |
| 2009 | — | $270,994,926 | $16,205,068 | $86,701,301 | 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 | — |
| David Garrison | Trustee | 0.5 | — |
| Deb Oliver | Trustee | 0.5 | — |
| James Fortner | Treasurer and Asst. Sec. | 1 | — |
| James Howard | Operations Manager | 20 | — |
| Jarrett Ellis | Senior Research Officer | 40 | — |
| John Barnard | Trustee | 0.5 | — |
| John Kington | Asst Sec. | 1 | — |
| Joseph Tesoriero | Director of Fin Admin | 20 | — |
| Joshua Rosenberg | Exec Dir Grants & Contracts | 1 | — |
| Kenneth Massaroni | Trustee | 0.5 | — |
| Kevin Wozniak | Asst Sec. | 1 | — |
| Michael Shannon | Trustee (01/01/23-06/01/23) | 1 | — |
| Michelle Christy | Trustee | 0.5 | — |
| Neil Vitro | Asst Sec and Asst. Treas. | 20 | — |
| Patrick O'malley | Trustee (10/04/23 - Current ) | 0.5 | — |
| Raghupathy Sivakumar | Asst Sec and Asst. Treas. | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Georgia Institute of Technology | Research | $436,051,470 |
| Troutman Pepper LLP | Ip-related Legal Services | $3,307,378 |
| Meunier Carlin & Curfman LLC | Ip-related Legal Services | $1,497,770 |
| Rpm Innovations Inc | Research | $1,250,935 |
| Databank Holdings Ltd | Databank Services | $1,225,267 |
Grants received · $152.1M total
369 grants to Georgia Tech Research Corporation totaling $152.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lehigh University | — | 2024 | $553,834 |
| Cystic Fibrosis Foundation | Therapeutics discovery research | 2024 | $425,879 |
| Mayo Clinic Group Return | Support charitable programs | 2024 | $334,956 |
| Breakthrough T1d | T1d research | 2024 | $329,008 |
| Breakthrough Energy Foundation | Cleantech exploration | 2024 | $245,000 |
| Centro Internacional De Mejoramiento De Maiz Y Trigo | Research | 2024 | $194,425 |
| Silicon Valley Community Foundation | Sciences | 2024 | $160,000 |
| Cystic Fibrosis Foundation | Research | 2024 | $156,250 |
| Baylor University | Subcontract-research | 2024 | $89,236 |
| Cystic Fibrosis Foundation | Research study | 2024 | $75,000 |
| American Heart Association Inc | Research | 2024 | $69,548 |
| Baylor University | Subcontract-research | 2024 | $66,360 |
| Cystic Fibrosis Foundation | Pilot study | 2024 | $56,000 |
| Charles Stark Draper Laboratory Inc | Scholar support | 2024 | $55,374 |
| University of Miami | Research | 2024 | $41,804 |
Grants made · $16.6M in FY2023
1 grant totaling $16.6M in FY2023. All grants made by Georgia Tech Research Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Georgia Institute of Technology | Research program support | $16,551,050 |
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Compare Georgia Tech Research Corporation
Frequently asked questions
- Is Georgia Tech Research Corporation a legitimate nonprofit?
- Yes. Georgia Tech Research Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-0603146, based in Atlanta, Georgia. Donations are tax-deductible.
- What is Georgia Tech Research Corporation's EIN?
- Georgia Tech Research Corporation's Employer Identification Number (EIN) is 58-0603146.
- How much revenue does Georgia Tech Research Corporation report?
- Georgia Tech Research Corporation reported $475,428,916 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Georgia Tech Research Corporation's spending goes to programs?
- Georgia Tech Research Corporation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Georgia Tech Research Corporation have?
- CharityIndex grades Georgia Tech Research Corporation A, based on program efficiency and fundraising cost.
- How much does Georgia Tech Research Corporation's highest-paid employee make?
- The highest reported compensation on Georgia Tech Research Corporation's latest Form 990 is $0, paid to Albert Concord (Facility Security Officer).
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Data for Georgia Tech Research Corporation (EIN 58-0603146) 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.