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Georgia · Nonprofit

GEORGIA TECH APPLIED RESEARCH CORPORATION

GEORGIA TECH APPLIED RESEARCH CORPORATION (Georgia) receives grants from 10 organizations whose IRS filings report $3,951,999 to it, the largest being JOHNS HOPKINS UNIVERSITY ($1,128,985). 7 of them have funded it in more than one year.

Revenue FY2025
$986M
Funders on record
10
Grants received
$4.0M
Net assets
$74M
7/10 repeat funderspeak grant-dependency 0%
01What it does

What Georgia Tech Applied Research Corporation does

Mission

The Georgia Tech Applied Research Corporation (gtarc) is organized and operated to support the research activities of the georgia institute of technology in the areas of innovative research, technical assistance and economic development.

As stated on its FY2025 Form 990.

Program

  1. The georgia institute of technology research activity is supported by the Georgia Tech Applied Research Corporation which consists of research programs for government agencies. Payments and reimbursement of expenses and grants to and for the benefit of georgia institute of technology have been made. The Georgia Tech Applied Research Corporation is organized and operated exclusively for the benefit of the georgia institute of technology which is a unit of the university system in the state of georgia.

    $981,109,252 spentof which $10,060,430 as grants$973,962,802 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $981,109,252.

02The organization over time

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.

100 = 20172017 Revenue 100 ($385M) Expenses 100 ($384M) Net assets 100 ($22M)2018 Revenue 111 ($428M) Expenses 110 ($424M) Net assets 119 ($26M)2019 Revenue 128 ($491M) Expenses 126 ($484M) Net assets 151 ($33M)2020 Revenue 147 ($564M) Expenses 145 ($556M) Net assets 188 ($41M)2021 Revenue 165 ($634M) Expenses 162 ($624M) Net assets 226 ($50M)2022 Revenue 184 ($706M) Expenses 178 ($684M) Net assets 323 ($71M)2023 Revenue 217 ($833M) Expenses 215 ($824M) Net assets 364 ($80M)2024 Revenue 235 ($903M) Expenses 236 ($907M) Net assets 347 ($76M)2025 Revenue 256 ($986M) Expenses 257 ($988M) Net assets 337 ($74M)
'17'18'19'20'21'22'23'24'25
Revenue (256)Expenses (257)Net assets (337)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $190M to $315M (+66%).

$94M
$115M
$132M
$163M
$190M
$315M
$356M
$401M
$443M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of GEORGIA TECH APPLIED RESEARCH CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$596k
’17
$4.1M
’18
$7.2M
’19
$8.1M
’20
$11M
’21
$21M
’22
$9.1M
’23
−$3.8M
’24
−$2.2M
’25
1.9
months of
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.

'17'18'19'20'21'22'23'24'25
Listed302931283031272933
Joined·+3+7+4+6+7+7+4+7
No longer listed·457461123
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $704k → $286k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $968k from 2 payers (the payer shares this organization's board, largest Carnegie Mellon University). These are real filings, and they are not money GEORGIA TECH APPLIED RESEARCH CORPORATION raised.

From the IRS filings of GEORGIA TECH APPLIED RESEARCH CORPORATION’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 TECH APPLIED RESEARCH CORPORATION leans on a few funders — its largest provides 29% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GEORGIA TECH APPLIED RESEARCH CORPORATION.

29%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 82% · 2018 85% · 2019 46% · 2020 57% · 2021 55% · 2022 53% · 2023 98% — growing more concentrated.

“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

13% of GEORGIA TECH APPLIED RESEARCH CORPORATION's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y

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 TECH APPLIED RESEARCH CORPORATION draws 80% of its grant income from funders outside Georgia, across 8 states in all.

VT
IL
NY
VA
MD
TN
DC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $381k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

GEORGIA TECH APPLIED RESEARCH CORPORATION holds deeper cash reserves than three-quarters of the 1,241 health nonprofits its size.

Operating margin−0% · below the median
Months of reserve1.9mo · top quartile
Revenue growth (annualized)12% · top quartile

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding GEORGIA TECH APPLIED RESEARCH CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0B on record.

Federal$5.0B
grants $38.5Mcontracts $5.0B
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Defense$5.0B
  • Department of Commerce$7.4M
  • Department of Energy$4.6M
  • National Science Foundation$4.6M
  • Department of Health and Human Services$2.7M
  • Department of Homeland Security$2.6M

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 TECH APPLIED RESEARCH CORPORATION

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

13
board members
77%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 8 related entities

  • Georgia Tech Research Corporation · exempt
  • Georgia Institute of Technology · exempt
  • Georgia Tech Facilities Inc · exempt
  • Global Center for Medical Innovation Inc · exempt
  • Home Park Learning Center Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GEORGIA TECH APPLIED RESEARCH CORPORATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 TECH APPLIED RESEARCH CORPORATION?
GEORGIA TECH APPLIED RESEARCH CORPORATION (Georgia) receives grants from 10 organizations whose IRS filings report $3,951,999 to it, the largest being JOHNS HOPKINS UNIVERSITY ($1,128,985). 7 of them have funded it in more than one year.
How many funders does GEORGIA TECH APPLIED RESEARCH CORPORATION have?
IRS filings report 10 organizations giving $3,951,999 in grants to GEORGIA TECH APPLIED RESEARCH CORPORATION, 7 of which have funded it in more than one year.
Who is the largest funder of GEORGIA TECH APPLIED RESEARCH CORPORATION?
JOHNS HOPKINS UNIVERSITY is the largest funder on record, with $1,128,985 in grants. The full list of funders is on this page.
How can an organization like GEORGIA TECH APPLIED RESEARCH CORPORATION 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 FY2025 (financials across 2017–2025), 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