2024-05-14T09:15:48-05:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2022-07-01 463697983 TROUP COUNTY COLLEGE & CAREER ACADEMY INC TROU 7068127900 100 N DAVIS ROAD BUILDING C LAGRANGE GA 30240 GERALD WYATT CEO 7068127900 2024-05-13 1 GERALD WYATT 999009999 1 MARY JO ALEXANDER P00002534 7709558600 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THINC COLLEGE & CAREER ACADEMY GERALD WYATT 100 N DAVIS ROAD BUILDING C LAGRANGE GA 30240 106354 0 X WWW.THINCACADEMY.NET X 2013 GA TO PROVIDE AN ENHANCED ACADEMIC AND CAREER EDUCATION PROGRAM; PROVIDE OVERSIGHT OF MOVE ON WHEN READY PROGRAMS, AND WORK BASED LEARNING FOR HIGH SCHOOL STUDENTS ATTENDING TROUP COUNTY SCHOOL SYSTEM. 9 9 1 9 0 0 166488 100272 0 0 2507 6082 0 0 168995 106354 89480 111539 0 0 126261 228890 0 0 114445 63257 81085 278998 421514 -110003 -315160 1823614 1507236 134988 133770 1688626 1373466 TO PRODUCE WORK-SAVVY GRADUATES IN AN EXPERT-BASED CHARTER ACADEMY USING A DOWN-TO-BUSINESS APPROACH TO EDUCATION WITH AUTHENTIC HANDS-ON CURRICULUM EXTENDING LEARNING BEYOND THE TRADITIONAL CLASSROOM PROPELLED BY SUSTAINED COMMUNITY SUPPORT. 0 0 198952 111539 ACADEMIC & CAREER EDUCATION 198952 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 GA X ABBOTT & ASSOCIATES LLC 7068127900 133 MAIN STREET LAGRANGE GA 30240 TED ARNOLD CHAIR 0.50 X X 0 0 0 ERIC MOSLEY DIRECTOR 0.50 X 0 0 0 DEANA BROWN DIRECTOR 0.50 X 0 0 0 KIM WEAVER DIRECTOR 0.50 X 0 0 0 DR JOHN HEAD DIRECTOR 0.50 X 0 0 0 BRYCE SILLYMAN DIRECTOR 0.50 X 0 0 0 DEREK WOODHAM DIRECTOR 0.50 X 0 0 0 CHRIS DUCK DIRECTOR 0.50 X 0 0 0 BLAKE MEEKS DIRECTOR 0.50 X 0 0 0 GERALD WYATT CEO 45.00 X 127291 0 9743 127291 0 9743 1 0 0 0 0 25000 75272 100272 6082 6082 106354 0 0 6082 111539 111539 228890 68667 45778 114445 36800 36800 11845 11845 29387 18746 10641 3053 3053 421514 198952 108117 114445 244542 142449 759239 564424 40000 20000 779833 780363 1823614 1507236 134988 133770 134988 133770 X 1462998 1165089 225628 208377 1688626 1373466 1823614 1507236 -315160 0 X X 0 1 X 1 0 X 248953 277559 126750 166488 100272 920022 248953 277559 126750 166488 100272 920022 490588 429434 12386 21639 14338 2507 6082 56952 976974 0.43960 0.52200 X SCH A PART I LINE 9 TROUP COUNTY COLLEGE & CAREER ACADEMY, INC.'S DETERMINATION LETTER DESIGNATES THE ENTITY AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE SCHOOL, "THINC", HOWEVER, IS BEING OPERATED WITHIN AND IN CONNECTION WITH TROUP COUNTY SCHOOL DISTRICT. THE ACADEMY IS FINANCIALLY SUPPORTING THE SCHOOL'S GOALS OF GRADUATING COLLEGE AND CAREER-READY STUDENTS BY RAISING FUNDS AND GRANTING THOSE FUNDS TO TROUP COUNTY SCHOOL DISTRICT. AS SUCH, THE ORGANIZATION ALSO QUALIFIES AS A PUBLIC CHARITY, UNDER SECTION 170(B)(1)(A)(VI), AS AN ORGANIZATION THAT RECEIVES SUBSTANTIAL AMOUNT OF ITS SUPPORT FROM CONTRIBUTIONS BY GOVERNMENTS OR THE GENERAL PUBLIC. CONTRIBUTIONS ARE ITS SOLE SOURCE OF SUPPORT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CERTIFICATES OF DEPOSIT 780363 C 780363 106354 0 106354 0 106354 421514 0 421514 0 421514 FINANCIAL STATEMENT INCOME TAX FOOTNOTE THE ACADEMY QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT AS A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ACADEMY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ACADEMY FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE ACADEMY'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACADEMY'S FINANCIAL STATEMENTS. 1 TROUP COUNTY SCHOOL DISTRICT 100 NORTH DAVIS ROAD LAGRANGE GA 30241 111539 0 TO HELP FUND THE OPERATIONS OF THE COUNTY'S COLLEGE AND CAREER ACADEMY 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE APPROVAL IS PROVIDED TO FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A PERIODIC REVIEW REQUIRED IN AREAS OF REMUNERATION AND AGREEMENTS TO PURCHASE GOODS OR SERVICES COMPLY WITH POLICY. THE BOARD OF DIRECTORS SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND RECEIVE TRAINING REGARDING CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS DATA AVAILABLE TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO. AS APPROPRIATE, AN OUTSIDE FIRM IS HIRED TO ADVISE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LINE 2C LAST YEAR'S AUDITORS CONTINUED FOR FISCAL YEAR 2023. THE FINANCE COMMITTEE OVERSAW THE AUDIT RESULTS AND FINANCIALS AS IN THE PREVIOUS YEAR.