GWINNETT TECH FOUNDATION INC
Mission Statement
To Whom It May Concern: I am writing today on behalf of the Future Cardiovascular Technologist Club. Our club is made up of individuals who are studying to become Cardiovascular Specialist in the field of Echocardiography and Invasive concentrations at Gwinnett Technical College. Every year we host a fundraiser to raise money for the American Heart Association. This year, our annual fundraiser will be held on October 9th 2017. I am writing to ask if you or your company would be interested in donating gift cards and/or nonperishable merchandise for us to use in our raffle. Your donation would be extremely appreciated and your company will be advertised on campus through flyers and in the raffle. Any donation would be appreciated! Last year we raised approximately 300 dollars with the raffle and bake sale we hosted on campus and are excited to try to raise that amount this year. All profits were donated directly to the American Heart Association as they will be again this year. Please Remember: All donations can be written off on your taxes! Thank You for your Time, I look forward to your reply, You can contact me via email at scottin4008@student.gwinnetttech.edu or by phone at 706 391 3648 (Please leave a voicemail if I do not answer you) Sarah Cottingham CVT Club President To Verify you can call Kristen Buoy, Director of the CVT Program at 678-226-6334
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.0% | 90.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.9% | 7.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
122.7 mo | 98.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.2% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-45.1% | 11.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-40.5% | 8.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.2% | 4.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.0M | $961K | $9.8M | 85.0% | 4 |
| 2024 | $1.8M | $1.6M | $9.4M | 90.2% | 3 |
| 2023 | $402K | $777K | $8.8M | 77.7% | 0 |
| 2022 | $1.3M | $911K | $8.6M | 83.5% | 0 |
| 2021 | $1.6M | $1.6M | N/A | — | 0 |
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