GEORGIA TECH APPLIED RESEARCH CORPORATION

GEORGIA TECH APPLIED RESEARCH CORPORATION

Atlanta, GA, US
501(c)3
EIN
58-2374837
Single Organization Support

GEORGIA TECH APPLIED RESEARCH CORPORATION

Atlanta, GA, US
501(c)3
EIN
58-2374837
Single Organization Support

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$400,581,870

Receivables (Non-Related)
43%
Cash & Equivalents
35%
Other Assets
22%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$324,315,555

Other Liabilities
54%
Custodial & Escrow Liabilities
43%
Deferred Revenue
3%
Payables & Accruals
0%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$106,119,423
$139,855,580
+32%
Receivables (Non-Related)
$150,398,736
$172,078,849
+14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,210,957
$1,252,543
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$51,089
$47,929
-6%
Other Assets
$97,848,403
$87,346,969
-11%
Total Assets
$355,628,608
$400,581,870
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$71,852,563
-
-
Grants Payable
-
-
-
Deferred Revenue
$7,705,233
$9,625,984
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$101,978,960
$139,005,096
+36%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$93,981,846
$175,684,475
+87%
Total Liabilities
$275,518,602
$324,315,555
+18%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$80,110,006
$76,266,315
-5%
Net assets
2023
2024
Change
Net assets
+$80,110,006
+$76,266,315
-5%
Balance Sheet
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