Nonprofit · EIN 27-2354668
GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED
Tax-exempt · ATLANTA, GA 30309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,077,791 | $1,066,743 | $11,048 | $794,315 | $395,817 | $398,498 |
| September 30, 2024 | 990 | $1,224,299 | $1,284,209 | -$59,910 | $763,192 | $375,742 | $387,450 |
| September 30, 2023 | 990 | $73,702 | $139,596 | -$65,894 | $617,776 | $170,416 | $447,360 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,077,791
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $991,545
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,500
- Program services (functional)
- $1,057,551
- Management and general (functional)
- $9,192
Balance sheet and other
- Total assets, start of year
- $763,192
- Total assets, end of year
- $794,315
- Total liabilities, end of year
- $395,817
- Net assets, end of year
- $398,498
- Net assets without donor restrictions
- $398,498
- Gross receipts
- $1,077,791
- Employees
- 0
- Year formed
- 2010
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC PANKEY | CEO Trustee or director, Officer | 20 | $0 |
| MALCOLM VASHAWN | CFO Trustee or director, Officer | 5 | $0 |
| SYLVIA LEE | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC PANKEY | CEO Trustee or director, Officer | 20 | $0 |
| MALCOLM VASHAWN | CFO Trustee or director, Officer | 5 | $0 |
| SYLVIA LEE | SECRETARY Trustee or director, Officer | 5 | $0 |
990 for the year ended September 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC PANKEY | CFO Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1075 PEACHTREE ST NE STE 3650, ATLANTA, GA 30309-3934
- In care of
- % ERIC PANKEY
- Principal officer (990 for 2024)
- ERIC PANKEY, 1075 PEACHTREE ST NE STE 3650, ATLANTA, GA 30309
- Signed the 990
- ERIC PANKEY, CFO
- Phone
- (404) 617-6874
- Return prepared by
- NTRC TAX SERVICE
Mission
Ensure every child grade K thru 12 has access to quality education proide economically disadvantage parents the opportunity to choose
Program accomplishments
- To ensure every child grades k-12 has access to quality education. To provide economically disadvantaged parents the opportunity to chooseExpenses $1,057,551
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 27-2354668
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $794,315
- Income (IRS master file)
- $1,077,791
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,077,791 | $1,066,743 | $794,315 | XML |
| 990 | September 2024 | $1,224,299 | $1,284,209 | $763,192 | IRS |
| 990 | September 2023 | $73,702 | $139,596 | $617,776 | XML |
| 990 | September 2022 | $1,002,500 | $1,066,672 | $1,158,493 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2354668).
Questions about GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED
- What is the EIN of GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED?
- The employer identification number (EIN) of GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED is 27-2354668.
- Is GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED?
- The 990 for the year ended September 30, 2025 names ERIC PANKEY.
- Who are the officers and directors of GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED?
- The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GEORGIA TAX CREDIT SCHOLARSHIP PROGRAM INCORPORATED have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,077,791, expenses of $1,066,743 and total assets of $794,315 at year end.
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