Georgia · Nonprofit
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC (Georgia) receives grants from 10 organizations whose IRS filings report $364,453 to it, the largest being TR LUCY C HARRIS-GFIC ($304,733). 7 of them have funded it in more than one year.
- Revenue FY2024
- $3.0M
- Funders on record
- 10
- Grants received
- $364k
- Net assets
- $20M
What Georgia Independent College Association Inc does
Mission
Georgia independent college association, inc ("gica") supports private higher education in georgia in the areas of public policy, increased public awareness, fund raising for student financial aid, and collaborative projects, in partnership with institutions, business and community leaders.
As stated on its FY2024 Form 990.
Programs
Grants and allocations: in accordance with the executive committee approved distribution of funds policy of gica, all undesignated funds are distributed 60 percent equally to the member colleges and 40 percent to such colleges in proportion to total regular, full-time undergraduate enrollment in the colleges of arts and sciences. Designated funds are distributed to the colleges specified by the donor.
$1,552,405 spentof which $679,910 as grants$4,740 earned by the program92% of program spendingCompliance collaborative program: the compliance collaborative program ("ccp") is a collaboration of 14 gica member institutions to assist participants by providing training and guidance regarding various compliance-related issues under the guidance of the compliance program director. The immediate areas of focus include the americans with disabilities act, title ix, the clery act, and the violence against women act. However, the exact topics will shift in any given year with the needs of the participating institutions.
$130,055 spent$188,946 earned by the program8% of program spendingIn 2024, gica launched a multiple employer retirement plan, called a mep. By sponsoring the mep, we make a shared erisa plan available to member colleges where they can move their individual 503(b) or 401(k) plans into the shared plan. The mep offers participants reduced costs, shared governance, and comprehensive erisa compliance.
$2,248 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,684,708.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $14M to $17M (+21%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 8% · 2018 8% · 2019 3% · 2020 1% · 2021 3%. Grants only. Government contracts and fees sit inside program revenue.
41% of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Leocadia I Zak
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $36k → $50k.
From the IRS filings of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC leans on a few funders — its largest provides 84% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 89% · 2019 90% · 2020 75% · 2021 73% · 2022 83% · 2023 88% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
83% of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC's funders are still giving 3 years after their first grant; 70% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC draws 86% of its grant income from funders outside Georgia, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Government funding GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $371k on record.
- Department of Health and Human Services$371k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC?
- GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC (Georgia) receives grants from 10 organizations whose IRS filings report $364,453 to it, the largest being TR LUCY C HARRIS-GFIC ($304,733). 7 of them have funded it in more than one year.
- How many funders does GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC have?
- IRS filings report 10 organizations giving $364,453 in grants to GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC, 7 of which have funded it in more than one year.
- Who is the largest funder of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC?
- TR LUCY C HARRIS-GFIC is the largest funder on record, with $304,733 in grants. The full list of funders is on this page.
- How can an organization like GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing