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Georgia Tech Applied Research Corporation

Atlanta, GA · EIN 58-2374837 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Georgia Tech Applied Research Corporation reported $985.8 million in revenue and $988.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $99.31 went to program services, $0.69 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.7% of the total. The highest compensation it reported for one person was $685,302 (SECRETARY). Revenue rose 75% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $988M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $986M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
99.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
0.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$685,302$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.07%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.96.6
Independent voting board members
Part VI 1a–1b
10 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$981M expenses · 100.0% of program spending · grants $10M · revenue $974M

The georgia institute of technology research activity is supported by the Georgia Tech Applied research corporation which consists of research programs for government agencies. Payments and reimbursement of expenses and grants to and for the benefit of georgia institute of technology have been made. The Georgia Tech Applied research corporation is organized and operated exclusively for the benefit of the georgia institute of technology which is a unit of the university system in the state of georgia

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SECRETARY
Officer, 1.00 hrs/week
$0$617,923$67,379$685,302
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$500,785$63,574$564,359
PRESIDENT (THRU 09/24)
Director/trustee, officer, 1.00 hrs/week
$0$401,368$70,368$471,736
PRESIDENT (FROM 09/24)
Director/trustee, officer, 1.00 hrs/week
$0$363,595$66,752$430,347
ASST SEC. (FROM 11/24)
Officer, 1.00 hrs/week
$0$333,683$68,449$402,132
ASST SEC AND ASST. TREAS.
Officer, 1.00 hrs/week
$0$304,988$86,039$391,027
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$323,710$32,406$356,116
GENERAL MANAGER
Officer, 20.00 hrs/week
$0$216,899$68,625$285,524

0 people received more than $100,000 in reportable compensation from Georgia Tech Applied Research Corporation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$986M$988M99.3%$74M$685,302
FY2024 ⓘ$903M$907M99.4%$76M$623,724
FY2023 ⓘ$833M$824M99.5%$80M$592,285
FY2022 ⓘ$706M$684M99.5%$71M$603,071
FY2021 ⓘ$634M$624M99.6%$50M$545,547
FY2020 ⓘ$564M$556M99.1%$41M$681,657

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 610

Correct a figure or respond

Every number above is copied from Georgia Tech Applied Research Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Georgia Tech Applied Research Corporation, you can publish a response that is linked from this page.

Questions people ask

How much of Georgia Tech Applied Research Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Georgia Tech Applied Research Corporation reported that 99.3% of its $988.0 million in expenses went to program services, 0.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Georgia Tech Applied Research Corporation pay its top executive?

The largest total compensation Georgia Tech Applied Research Corporation reported for one person in the fiscal year ending June 30, 2025 was $685,302, for the role of SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Georgia Tech Applied Research Corporation get its money?

Of $985.8 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 98.7% from program service revenue (Form 990, Part VIII).

Is Georgia Tech Applied Research Corporation a registered charity?

The IRS lists EIN 58-2374837 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621209349301307 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349303284 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349303506 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349300037 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211309349303531 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111239349300501 · read the filing

All filings for EIN 58-2374837: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.