Nonprofit · EIN 58-1549902
GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC
Tax-exempt · ATLANTA, GA 30308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $675,932 | $406,274 | $269,658 | $548,277 | $0 | $548,277 |
| June 30, 2024 | 990 | $884,237 | $739,047 | $145,190 | $277,840 | $0 | $277,840 |
| June 30, 2023 | 990 | $236,191 | $536,980 | -$300,789 | $132,650 | $0 | $132,650 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $449,500
- Program service revenue
- $209,975
- Investment income
- $10,577
- Other revenue
- $5,880
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $44,696
- Program services (functional)
- $406,274
Balance sheet and other
- Total assets, start of year
- $277,840
- Total assets, end of year
- $548,277
- Total liabilities, end of year
- $0
- Net assets, end of year
- $548,277
- Gross receipts
- $675,932
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1984
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS CARR | CHAIRMAN Trustee or director | 1 | $0 |
| ANDREW CAPEZZUTO | SECRETARY Trustee or director | 1 | $0 |
| JOHN MOFFATT | TREAURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS CARR | CHAIRMAN Trustee or director | 1 | $0 |
| ANDREW CAPEZZUTO | SECRETARY Trustee or director | 1 | $0 |
| JOHN MOFFATT | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS CARR | CHAIRMAN Trustee or director | 1 | $0 |
| ANDREW CAPEZZUTO | SECRETARY Trustee or director | 1 | $0 |
| JOHN MOFFATT | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 75 5TH ST NW STE 1200, ATLANTA, GA 30308-1020
- Principal officer (990 for 2024)
- JOHN MOFFATT, 75 FIFTH STREET NW 1200, ATLANTA, GA 30308
- Signed the 990
- JOHN MOFFATT, CHIEF FINANCIAL OFFICER
- Phone
- (404) 656-0470
- Return prepared by
- BIRNBREY MINSK & MINSK LLC
Mission
THE FOUNDATION FUNCTIONS AS AN ADVOCATE OF ECONOMIC DEVELOPMENT FOR THE STATE OF GEORGIA.
Program accomplishments
- THE FOUNDATION SERVED AS CONFERENCE SPONSORS FOR SEMINARS ON DOING BUSINESS IN THE STATE OF GEORGIA. IN ADDITION, THE FOUNDATION PROVIDED FUNDS FOR RECEPTIONS AND OTHER COSTS ASSOCIATED WITH VISITING DIGNITARIES.Expenses $406,274 · revenue $215,855
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1549902
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $548,277
- Income (IRS master file)
- $675,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $675,932 | $406,274 | $548,277 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $884,237 | $739,047 | $277,840 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $236,191 | $536,980 | $132,650 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 58-1549902).
Questions about GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC
- What is the EIN of GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC is 58-1549902.
- Is GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC 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 ECONOMIC DEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names JOHN MOFFATT.
- Who are the officers and directors of GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $675,932, expenses of $406,274 and total assets of $548,277 at year end.
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