Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions. Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
GEORGIA COUNCIL ON ECONOMIC EDUCATION
Employer identification number
58-1137332
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization?
................
11g(i)
No
(ii)
A family member of a person described in (i) above?
......................
11g(ii)
No
(iii)
A 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
No
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of monetary support
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
1,130,331
1,183,590
1,250,590
976,843
1,125,336
5,666,690
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3
1,130,331
1,183,590
1,250,590
976,843
1,125,336
5,666,690
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
2,677,500
6
Public support. Subtract line 5 from line 4.
2,989,190
Section B. Total Support
Calendar year
(or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
7
Amounts from line 4..
1,130,331
1,183,590
1,250,590
976,843
1,125,336
5,666,690
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
40,145
40,346
64,171
40,572
45,307
230,541
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
11
Total support (Add lines 7 through 10).
5,897,231
12
Gross receipts from related activities, etc. (see instructions)
..................
12
13
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.................................................
Section C. Computation of Public Support Percentage
14
Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f))
.........
14
0.507 %
15
Public support percentage for 2012 Schedule A, Part II, line 14
...............
15
0.584 %
16a
33 1/3% support test—2013.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
.......................
b
33 1/3% support test—2012.
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2013.
If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization
.....................................................
b
10%-facts-and-circumstances test—2012.
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization
................................................
18
Private foundation.
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions
.....................................................
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
..
13
Total support. (Add lines 9, 10c, 11, and 12.)..
14
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f))
.........
15
0 %
16
Public support percentage from 2012 Schedule A, Part III, line 15
...............
16
0 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f))
......
17
0 %
18
Investment income percentage from 2012 Schedule A, Part III, line 17
.............
18
0 %
19a
33 1/3% support tests—2013.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
........
b
33 1/3% support tests—2012.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
.....
20
Private foundation.
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information.
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2013
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE E(Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service
SchoolsComplete if the organization answered "Yes" to Form 990, Part IV, line 13, or Form 990-EZ, Part VI, line 48. Attach to Form 990 or Form 990-EZ. Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
GEORGIA COUNCIL ON ECONOMIC EDUCATION
Employer identification number
58-1137332
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body?
......................
1
No
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships?
......................................
2
No
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II.
.............................
3
No
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff?
..........
4a
No
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
Other extracurricular activities?
.....................................
5h
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
6a
Does the organization receive any financial aid or assistance from a governmental agency?
...........
6a
No
b
Has the organization's right to such aid ever been revoked or suspended?
...................
6b
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
No
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2013
Schedule E (Form 990 or 990EZ) 2013
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Return Reference
Explanation
Schedule E (Form 990 or 990-EZ) 2013
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
GEORGIA COUNCIL ON ECONOMIC EDUCATION
Employer identification number
58-1137332
Return Reference
Explanation
SECTIONS III AND VI
- FORM 990 PART III QUESTION 2 - THE ECONOMICS OF SPORTS WORKSHOPS WERE NEW DURING 2013. - FORM 990 PART VI QUESTION 11 - A COPY OF THE 2013 FORM 990 WILL BE DISTRIBUTED TO ALL VOTING MEMBERS PRIOR TO FILING THE RETURN. - FORM 990 PART VI QUESTION 12C - THE EXECUTIVE DIRECTOR REVIEWS ALL TRANSACTIONS AND SEEKS GUIDANCE FROM THE OFFICERS IF THERE IS AN APPEARANCE OF A CONFLICT OF INTEREST. - FORM 990 PART VI QUESTION 15A - THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE CHAIRMAN OF THE ORGANIZATION IN CONSULTATION WITH THE DEAN OF COLLEGE OF BUSINESS ADMINISTRATION AT GEORGIA STATE UNIVERSITY. - FORM 990 PART VI QUESTION 15B - SALARIES FOR ALL EMPLOYEES OTHER THAN THE EXECUTIVE DIRECTOR ARE DETERMINED IN CONSULTATION WITH THE EXECUTIVE DIRECTOR BY HUMAN RESOURCES AT GEORGIA STATE UNIVERSITY. - FORM 990 PART VI QUESTION 19 - THE COUNCIL MAKES ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXECUTIVE DIRECTOR. - FORM 990 PART VI QUESTION 2 - SEVERAL OF THE BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS AS FOLLOWS 1) MARIE GOODING IS FIRST VICE PRESIDENT AND COO OF THE FEDERAL RESERVE BANK OF ATLANTA. BOBBIE H. MCCRACKIN IS VICE PRESIDENT AND PUBLIC AFFAIRS OFFICER OF THE FEDERAL RESERVE BANK OF ATLANTA. 2) WILL PRIDGEN IS MARKET PRESIDENT OF BANK OF AMERICA. JOHN RIPOLI IS SR. VICE PRESIDENT PRIVATE CLIENT ADVISOR TO MERRILL LYNCH PIERCE FENNER & SMITH AND DAVID CROSS IS SR. VICE PRESIDENT WEALTH MANAGEMENT OF MERRILL LYNCH. MERRILL LYNCH IS OWNED BY BANK OF AMERICA. 3) J. WILLIAM DOUGLAS IS PRESIDENT & CEO OF ATHENS FIRST BANK & TRUST. THOMAS J. PRESCOTT IS EXECUTIVE VICE PRESIDENT & CFO OF SYNOVUS FINANCIAL CORPORATION.
SECTIONS III AND VI
BOTH OF THESE INSTITUTIONS ARE INCLUDED IN THE SYNOVUS CHARTER. 4) KIRBY THOMPSON IS SENIOR VICE PRESIDENT GOVERNMENT AFFAIRS OF SUNTRUST BANK-CENTRAL GROUP. JOHN WILLIAMS III IS MANAGING DIRECTOR CORPORATE SYNDICATE DEPT FOR SUNTRUST ROBINSON HUMPHREY. KEVIN HUMPHREY IS A DIRECTOR WITH SUNTRUST ROBINSON HUMPHREY CAPITAL MARKET COMPLIANCE. 5) JOHN BARGE IS STATE SCHOOL SUPERINTENDENT AND MIKE BUCK IS CHIEF ACADEMIC OFFICER FOR THE GEORGIA DEPARTMENT OF EDUCATION. 6) LINDA M BLEICKEN IS PRESIDENT OF ARMSTRONG ATLANTIC STATE UNIVERSITY STEVE DORMAN IS PRES OF GEORGIA COLLEGE CHERYL DAVENPORT DOZIER IS PRES OF SAVANNAH STATE UNIV BONITA JACOBS IS PRES OF THE UNIVERSITY OF NORTH GEORGIA TIMOTHY MESCON IS PRES OF COLUMBUS STATE UNIV WILLIAM MCKINNEY IS PRES OF VALDOSTA STATE UNIV ARLETHIS PERRY-JOHNSON IS VP FOR EXTERNAL AFFAIRS KENNESAW STATE UNIV SANDRA STONE IS VP FOR ACADEMIC AFFAIRS DALTON STATE COLLEGE JOHN R. SWINTON IS DIRECTOR CENTER FOR ECONOMIC EDUCATION FOR GEORGIA COLLEGE KYLE MARRERO IS PRESIDENT OF THE UNIV OF WEST GEORGIA HOUSTON DAVIS IS EXEC VICE CHANCELLOR AND CHIEF ACADEMIC OFFICER BOARD OF REGENTS OF THE UNIV SYSTEM OF GEORGIA. 7) GARY P ALEXANDER IS MANAGING DIRECTOR-INVESTMENTS WELLS FARGO ADVISORS HAYS B EVANS IS FINANCIAL ADVISOR WELLS FARGO ADVISORS LLC KENNETH LAKO IS SENIOR DIRECTOR OF INVESTMENTS & FIDUCIARY SERVICES WELLS FARGO.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.