2025-12-19T11:27:03-05:00 2025-06-30 412210752 ALLIANT CPA GROUP LLC 1395 S MARIETTA PKWY MARIETTA GA 30067 990 2024-07-01 264723391 THE GLOBAL CENTER FOR MEDICAL INNOV GLOB 4048948566 760 SPRING STREET SUITE 324 ATLANTA GA 303320495 SHANNON MCGHEE EXECUTIVE DIRECTOR 4043855191 2025-11-05 true true JEFF E SCHWIND P00449820 7704231865 2025-12-17 2024 2025-03-06 01:10:19Z X SHANNON MCGHEE 760 SPRING STREET SUITE 324 ATLANTA GA 303320495 3298319 false X X 2008 GA TO FACILITATE, PROMOTE, STRUCTURE, AND COORDINATE COLLABORATIVE SCIENTIFIC RESEACH AND DEVELOPMENT OF INTELLECTUAL PROPERTY FOCUSING ON PUBLIC HEALTH NEEDS. X 10 2 0 0 167867 2827946 1368625 466725 4038 -431229 0 1540530 2863442 392401 0 0 1372047 535421 0 0 1306044 1097786 3070492 1633207 -1529962 1230235 2436978 154607 4200869 398585 -1763891 -243978 TO FACILITATE, PROMOTE, STRUCTURE, AND COORDINATE COLLABORATIVE SCIENTIFIC RESEACH AND DEVELOPMENT OF INTELLECTUAL PROPERTY FOCUSING ON PUBLIC HEALTH NEEDS. false false 1366371 466725 THE ORGANIZATION PROVIDES COMPREHENSIVE DESIGN, MATERIAL, AND MECHANICAL ENGINEERING RESOURCES FROM THE ORGANIZATION'S MEDICAL DEVICE PROTOTYPING DESIGN AND DEVELOPMENT CENTER. 1366371 true true false false false false false false false false false false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false true false true true false false false true 18 0 0 false false false false false false false false X 10 2 false false false false false true false true true false false true true true true false true false false false GA X ROBERT FOY 4048948566 225 NORTH AVENUE ATLANTA GA 30332 CHAOUKI ABDALLAH DIRECTOR 1.00 39.00 X 0 401368 70368 ANDRES J GARCIA DIRECTOR 1.00 39.00 X 0 380437 59055 TIMOTHY LIEUWEN DIRECTOR 1.00 39.00 X 0 363595 66752 ALYSSA PANITCH DIRECTOR 1.00 39.00 X 0 246362 47528 ROBERT FOY TREASURER 5.00 35.00 X 0 216899 68625 SAYLAN LUKAS INTERIM CEO 0.00 40.00 X 0 198631 49325 ROGER MASON ASST. TREASU 0.00 40.00 X 0 150628 45735 CYNTHIA MARTIN ASST. TREASU 12.00 28.00 X 0 143724 49025 TANESHA STEWARD SECRETARY 1.00 39.00 X 0 131717 50218 SHANNON MCGHEE EXECUTIVE DI 1.00 39.00 X 0 46929 13195 ASHLEY CORNELISON DIRECTOR 1.00 X 0 0 0 BOB CRUTCHFIELD DIRECTOR 1.00 X 0 0 0 DAVID HARTNETT DIRECTOR 1.00 X 0 0 0 ELIZABETH A KRUPINSK DIRECTOR 1.00 X 0 0 0 WILBUR A LAM DIRECTOR 1.00 X 0 0 0 RUSS MEDFORD CHAIRMAN 1.00 X 0 0 0 2280290 519826 true true false 2823100 4846 2827946 MED DEVICE PROTOTYPE DEV'T 466725 466725 466725 3648 3648 434877 -434877 -434877 -434877 2863442 31848 3648 X 408955 310347 98608 126466 94948 31518 11152 11152 404613 385613 19000 24280 24280 7204 543 6661 22544 22544 154572 136226 18346 4724 4724 1855 1855 89426 68771 20655 53554 47198 6356 OTHER ADMINISTRATIVE 144736 144736 CONTRACT LABOR 88711 88711 BAD DEBT EXPENSE 85917 85917 MATERIALS & SUPPLIES 3373 3361 12 1125 1125 1633207 1366371 266836 0 X 203633 52730 482216 29450 17558 524303 1209268 72427 2436978 154607 2329623 5785 36332 1834914 392800 4200869 398585 X -1763891 -243978 -1763891 -243978 2436978 154607 X 1230235 289678 X false true X false false X 26500 100000 81226 167867 2827946 3203539 26500 100000 81226 167867 2827946 3203539 3203539 6624 1243 3132 4038 3648 18685 3222224 466725 0.99420 0.99350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED INVESTMENT IN T3 LABS, INC 72427 72427 NOTE PAYABLE - RELATED PARTY 365000 INTEREST PAYABLE 27800 392800 X SCHEDULE D, PAGE 3, PART X GCMI AND T3 LABS ARE NOT-FOR-PROFIT CORPORATIONS AND ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES ARE REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ASC 740, INCOME TAXES, IS APPLICABLE TO NOT-FOR-PROFIT ENTITIES IN CERTAIN MATTERS, SUCH AS GCMI'S AND T3 LAB'S TAX-EXEMPT STATUS, ARE CONSIDERED TAX POSITIONS TAKEN IN ITS ANNUAL INFORMATIONAL TAX RETURN AND THUS MUST BE ASSESSED FOR POTENTIAL UNRECOGNIZED TAX BENEFITS. UNDER ASC 740, THE ORGANIZATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT SUCH TAX POSITIONS TAKEN IN ITS INFORMATIONAL TAX RETURN WILL BE SUSTAINED BY TAXING AUTHORITIES UPON EXAMINATION OF THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH FINANCIAL STATEMENT PERIOD. UNRECOGNIZED TAX BENEFITS ARE MEASURED AND RECORDED AS A LIABILITY WHERE THE ORGANIZATION HAS DETERMINED IT TO BE PROBABLE A TAX POSITION WOULD NOT BE SUSTAINED AND THE AMOUNT OF THE UNRECOGNIZED TAX BENEFIT, INCLUDING ASSOCIATED PENALTIES AND INTEREST, CAN REASONABLY BE ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION, OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE, COULD DIFFER FROM THE AMOUNT RECOGNIZED. MANAGEMENT HAS DETERMINED THAT THERE IS NO TAX LIABILITY RESULTING FROM UNRECOGNIZED TAX BENEFITS RELATED TO UNCERTAIN INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ITS INFORMATIONAL TAX RETURNS AS OF JUNE 30, 2025 AND 2024. NO INFORMATIONAL TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. SCHEDULE D, PAGE 4, PART XIII GCMI WAS PARTY TO AN OPERATING LEASE FOR ITS MEDICAL DEVICE PROTOTYPING DESIGN AND DEVELOPMENT CENTER. THE LEASE WAS TERMINATED ON APRIL 1, 2025. AS A RESULT OF THE TERMINATION OF THE LEASE, THE ORGANIZATION INCURRED A LOSS IN THE AMOUNT OF 187,450 (ASC 842 GAIN OF 247,427 LESS ADJUSTED COST BASIS 434,877). false false false false false false false false false CHAOUKI ABDALLAH DIRECTOR 393268 8100 44647 25721 471736 ANDRES J GARCIA DIRECTOR 380417 20 31878 27177 439492 TIMOTHY LIEUWEN DIRECTOR 363595 31878 34874 430347 ALYSSA PANITCH DIRECTOR 246362 23770 23758 293890 ROBERT FOY TREASURER 216899 45828 22797 285524 SAYLAN LUKAS INTERIM CEO 181495 17136 19170 30155 247956 ROGER MASON ASST. TREASURER 150030 598 31998 13737 196363 CYNTHIA MARTIN ASST. TREASURER 143724 30680 18345 192749 TANESHA STEWARD SECRETARY 131148 569 26581 23637 181935 MOVEABLE EQUIPMENT 2025-04-01 1 BOOK LEASEHOLD IMPROVEMENTS 2025-04-01 434877 BOOK false false false false FORM 990, PAGE 6, PART VI, LINE 7A BOARD MEMBERS ARE APPOINTED BY THE PRESIDENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY. FORM 990, PAGE 6, PART VI, LINE 11B FOLLOWING REVIEW BY MANAGEMENT AND CERTAIN OFFICERS, THE SECRETARY EMAILS A DRAFT OF THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. IF THE REVIEW RESULTS IN ANY CHANGES, THE REVISED FORM 990 IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY APPLIES TO EACH MEMBER OF THE BOARD OF DIRECTORS AND TO ALL OFFICERS OF THE ORGANIZATION. THE POLICY ALSO SERVES AS GUIDANCE FOR ALL PERSONS EMPLOYED BY THE GEORGIA INSTITUTE OF TECHNOLOGY WHO HAVE SIGNIFICANT RESPONSIBILITIES FOR THE ACTIVITIES OF THE ORGANIZATION. THE POLICY REQUIRES EACH DIRECTOR AND OFFICER ANNUALLY TO (1) REVIEW THE POLICY (2) DISCLOSE ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST INVOLVING THE ORGANIZATION AND (3) ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT THEY ARE IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THE POLICY. DISCLOSURE FORMS ARE DISTRIBUTED AND COLLECTED BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION WHO PROVIDES ANY POSITIVE RESPONSES TO THE BOARD OF DIRECTORS IN EXECUTIVE SESSION AS APPROPRIATE. DIRECTORS AND OFFICERS ARE REQUESTED TO DISCLOSE SUBSTANTIVE RELATIONSHIPS THEY OR MEMBERS OF THEIR FAMILY MAINTAIN WITH ORGANIZATIONS THAT DO BUSINESS WITH THE ORGANIZATION OR WHICH OTHERWISE COULD BE CONSTRUED TO POTENTIALLY AFFECT THEIR INDEPENDENT, UNBIASED JUDGEMENT IN LIGHT OF THEIR DECISION-MAKING AUTHORITY OR RESPONSIBILITY. DIRECTORS OF OFFICERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST REFRAIN FROM CONSIDERATION OF PROPOSED TRANSACTIONS UNLESS FOR SPECIAL REASONS THE BOARD REQUESTS INFORMATION OR INTERPRETATION. PERSONS WITH THE CONFLICTS DO NOT VOTE, PARTICIPATE IN DISCUSSION, OR ATTEND THE MEETING DURING VOTE. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN DECLARED OR FOUND TO EXIST MUST BE APPROVED BY A MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE OF THE BOARD AFTER DISCLOSURE OF THE CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING 385,613 0 0 AUDIT 0 19,000 0 TOTAL 385,613 19,000 0 FORM 990, PART X LINE 15, OTHER ASSETS: CONSISTS OF MEMBERSHIP INTEREST IN T3 LABS, INC., A CONTROLLED ENTITY OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 ASC 842 REV RECOG FROM TER. OF LEASE 247,426 CHANGE IN T3LABS INVESTMENT VALUE 42,252 TOTAL 289,678 GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVE NW ATLANTA GA 30332 586002023 EDUCATION GA 115 UNIVERSITY false GEORGIA TECH RESEARCH FOUNDATION 926 DALNEY STREET NW ATLANTA GA 30332 580603146 RESEARCH GA 501C3 12C GIT false GEORGIA TECH FACILITIES INC 225 NORTH AVE NW ATLANTA GA 30332 521442293 REAL ESTAT GA 501C3 12A GIT false SOUTHERN LIGHT RAIL 225 NORTH AVE NW ATLANTA GA 30332 300240711 COMMUNICAT GA 501C3 7 GIT false GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY NW ATLANTA GA 30332 580622514 ATHLETICS GA 501C3 7 GIT false HOME PARK LEARNING CENTER 225 NORTH AVE NW ATLANTA GA 30332 582644893 CHILD CARE GA 501C3 12A GIT false GEORGIA TECH APPLIED RESEARCH CORP 926 DALNEY STREET NW ATLANTA GA 30332 582374837 RESEARCH GA 501C3 12C GIT false GA ADVANCED TECHNOLOGY VENTURES INC 225 NORTH AVE NW ATLANTA GA 30332 582538285 ECO. DEVE GA 501C3 12A GIT false GEORGIA TECH GLOBAL INC 221 UNCLE HEINIE WAY LYMAN HALL 305 ATLANTA GA 30332 271010747 GLOBAL SUP GA 501C3 12A N/A false TRANSLATIONAL TESTING AND TRAINING 387 TECHNOLOGY CIRCLE NW ATLANTA GA 30313 800079841 RESEARCH GA 501C3 7 THE GLOBAL true GEORGIA TECH PANAMA FOUNDATION MOSSFON BLDG 2ND FL EAST 54TH ST PANAMA CITY PM GLOBAL SUP PM 501C3 GT GLOBAL true SHENZHEN GA INST OF TECH FDN FOR ED 88 HAIDETONG NANSHAN DISTRICT SHENZHEN CH GLOBAL SUP CH 501C3 GIT false false false false false false false false false false false true true false false false true false false false