UNIVERSITY OF NORTH GEORGIA FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF NORTH GEORGIA FOUNDATION INC

EIN 23-7066297 · Educational Services (B90)

What they do

SEE SCHEDULE O for COMPLETE DESCRIPTION.THE PURPOSES of THE FOUNDATION ARE to PROMOTE and ENCOURAGE CHARITABLE GIVING and PHILANTHROPY for THE BENEFIT of UNIVERSITY of NORTH GEORGIA;TO SUPPLEMENT and EXPAND THE HORIZONS of UNIVERSITY of NORTH GEORGIA IN ITS REGIONAL, STATEWIDE and NATIONAL MISSIONS AS WELL AS SERVE AS AN ADVOCATE for THE UNIVERSITY and ITS DESIGNATION AS THE SENIOR MILITARY COLLEGE of THE STATE of GEORGIA. THE FOUNDATION WILL RECEIVE, INVEST, ACCOUNT FOR, and ALLOCATE PRIVATE GIFTS and CONTRIBUTIONS IN ORDER to CONTRIBUTE to A SUPERIOR EDUCATION for STUDENTS, ATTENDING NOT ONLY to THEIR INTELLECTUAL GROWTH BUT ALSO to THEIR DEVELOPMENT AS ADULTS COMMITTED to HIGH ETHICAL STANDARDS and FULL PARTICIPATION AS LEADERS IN THEIR MILITARY, PUBLIC, PRIVATE, and NON-PROFIT FIELDS of ENDEAVOR.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

141.50%of revenue went to mission work97.4% of expenses · Program services

0.24%of revenue went to fundraising0.2% of expenses

$145.22spent for every $100 of revenueSpending was higher than revenue this year.

3.48%of revenue went to management and office costs2.4% of expenses

$8.36in assets for every $1 spent this yearSome assets cannot be spent right away.

72.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,862,372 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $92,505 for AMANDA L HARDEN (CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,752,634

Mission workProgram services$15,214,614141.50% of revenue97.4% of expenses

ManagementOffice and general costs$374,4703.48% of revenue2.4% of expenses

FundraisingAsking for donations$25,9220.24% of revenue0.2% of expenses

Total expenses$15,615,006145.22% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 97.4% mission · 2.4% management · 0.2% fundraisingTotal expenses: 145.22% of revenue

2023Expense mix: 96.5% mission · 3.2% management · 0.3% fundraisingTotal expenses: 89.80% of revenue

2022Expense mix: 95.6% mission · 3.6% management · 0.8% fundraisingTotal expenses: 102.70% of revenue

2021Expense mix: 97.2% mission · 2.5% management · 0.3% fundraisingTotal expenses: 47.55% of revenue

2020Expense mix: 98.1% mission · 1.7% management · 0.2% fundraisingTotal expenses: 169.34% of revenue

2019Expense mix: 93.7% mission · 5.0% management · 1.3% fundraisingTotal expenses: 38.28% of revenue

2018Expense mix: 93.4% mission · 6.2% management · 0.4% fundraisingTotal expenses: 80.21% of revenue

2017Expense mix: 91.1% mission · 8.3% management · 0.6% fundraisingTotal expenses: 54.57% of revenue

Money in and money out

Revenue$10,752,634

Expenses$15,615,006

Annual shortfall $4,862,372 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$15,214,614 · 97.4% of expenses

Management and office costs$374,470 · 2.4% of expenses

Fundraising$25,922 · 0.2% of expenses

See all reported dollar amounts

Revenue$10,752,634

Expenses$15,615,006

Assets$130,497,587

Income$32,443,984

Contributions$7,736,847

Mission work (program services)$15,214,614

Fundraising$25,922

Grants given$63,436,213

Average grant$5,286,351

Management and general$374,470

Stocks and bonds$116,330,486

Accounting fees$34,708

Investing fees$153,750

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMANDA L HARDENCFO · 8 hrs/week $92,505Base · Other $92,505

DR MIKE P SHANNONTRUSTEE, PRESIDENT UNG · 1 hrs/week $90,223Base · Other $90,223

MR JEFF TARNOWSKICEO · 8 hrs/week $87,438Base · Other $87,438

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

AMANDA L HARDENCFO

DR MIKE P SHANNONTRUSTEE, PRESIDENT UNG

MR JEFF TARNOWSKICEO

MRS CHRIS CRAWFORDTRUSTEE

MR PATRICK PAT MAGILLTRUSTEE

MR PHILIPP BIECHTELERTRUSTEE

MR ROBERT BOB SWOSZOWSKITRUSTEE

MR STEVEN KELLY HORNETRUSTEE

MR WILLIAM BILL MITCHELLTRUSTEE

MRS CAROL BURRELLTRUSTEE

MR NICHOLAS NICK MASSENGILLIMMEDIATE PAST CHAIR

MRS JEANNELL F GOINESTRUSTEE

MRS MARY HELEN MCGRUDERCOMMITTEE CHAIRMAN

MRS VANESSA SARAZUATRUSTEE

MS AMANDA M WILKSONTRUSTEE

MS BETH H BALDWINCOMMITTEE CHAIRMAN

MS JENNY MULLERVICE-CHAIRMAN

MS LAURIE BAGLEYTRUSTEE

MR OSCAR BO FEARS JRTRUSTEE

MR MICHAEL HIGLEYCOMMITTEE CHAIRMAN

MR MARVIN VINESTRUSTEE

MR JOSH TETEAKSECRETARY

MR JAMES A FAULKNERTRUSTEE

MR JACK ELROD IIICHAIRMAN

MR GLENNIS BARNESTRUSTEE

MR GILES BOWMANTRUSTEE

MR DONALD DON MCCUNNIFFTRUSTEE

MR DEAN STEWART SWANSONTRUSTEE

MR CHRISTOPHER H KITCHENSTREASURER, COMMITTEE CHAIR

LTG STEPHEN FOGARTYTRUSTEE

DR LARRY PAYNETRUSTEE

DR KATIE METROCKTRUSTEE

About this charity

Recognized since: January 1961
Location: PO BOX 1599, DAHLONEGA, GA 30533-0027
County: Lumpkin
In care of: AMANDA HARDEN
Primary officer: AMANDA HARDEN, COO

How to reach them

WebsiteVisit the charity’s website Phone(706) 867-3093

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MAULDIN & JENKINS LLC
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services
Grant-giving organization: Yes