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Nonprofiteer
← GREY BEARS

Form 990 for tax year 2024

Filed by GREY BEARS.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 22 December 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Listed under a different title

  • Betsey Lynberg: Director then Chair
  • Satish Rishi: Treasurer then Director
  • Thomas Parker: Chair then Treasurer

Totals

Total revenue
$9,537,653
Total expenses
$9,295,104
Contributions and grants received
$6,724,048
Grants paid
$5,093,851
Program service revenue
$855,460
Investment income
$160,598
Other revenue
$1,797,547
Total assets, end of year
$11,658,482
Total liabilities, end of year
$3,146,768
Net assets or fund balances, end of year
$8,511,714
Program services expenses (Part IX)
$8,582,645
Management and general expenses
$592,878
Fundraising expenses
$119,581
Program service expenses (Part III)
$8,582,645

Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $127,204

  • 1e · Government grants (contributions)

    $122,458

  • 1f · All other contributions, gifts and grants

    $6,474,386

  • 1g · Noncash contributions included above

    $5,813,484

  • 2a · Program service revenue: RECYCLING REIMBURSEMENTS

    total $855,460 · related or exempt $855,460

  • 3 · Investment income

    total $90,590 · excluded $90,590

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $289,936

  • 6b · Less rental expenses

    real property $156,087

  • 6c · Rental income or loss

    real property $133,849

  • 6d · Net rental income or loss

    total $133,849 · related or exempt $114,396 · unrelated business $19,453

  • 7a · Gross sales of assets other than inventory

    securities $1,111,238 · other assets $8,820

  • 7b · Less cost or other basis and sales expenses

    securities $1,050,050

  • 7c · Gain or loss

    securities $61,188 · other assets $8,820

  • 7d · Net gain or loss

    total $70,008 · related or exempt $70,008

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $2,299,544

  • 10b · Cost of goods sold

    $740,208

  • 10c · Net income from sales of inventory

    total $1,559,336 · excluded $1,559,336

  • 11a · Other revenue: UNREDEEMED CRV VOUCHERS

    total $104,362 · related or exempt $104,362

  • 11e · Other revenue, total

    $104,362

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $5,093,851 · program services $5,093,851

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $258,911 · management and general $258,911

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,828,900 · program services $1,775,866 · management and general -$9,355 · fundraising $62,389

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $174,379 · program services $156,964 · management and general $13,932 · fundraising $3,483

  • 10 · Payroll taxes

    total $169,619 · program services $140,611 · management and general $23,206 · fundraising $5,802

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $150,034 · program services $35,486 · management and general $114,548

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $8,738 · program services $7,142 · management and general $1,277 · fundraising $319

  • 13 · Office expenses

    total $27,137 · program services $22,256 · management and general $3,905 · fundraising $976

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $33,939 · program services $27,493 · management and general $5,157 · fundraising $1,289

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $134,427 · program services $110,326 · management and general $19,281 · fundraising $4,820

  • 23 · Insurance

    total $125,125 · program services $110,530 · management and general $11,676 · fundraising $2,919

  • 24a · Other expenses: Program Supplies

    total $354,558 · program services $288,858 · management and general $52,560 · fundraising $13,140

  • 24b · Other expenses: FINANCE AND BANK CHARGES

    total $188,904 · program services $150,278 · management and general $30,901 · fundraising $7,725

  • 24c · Other expenses: LOSS ON CRV MATERIALS

    total $166,075 · program services $166,075

  • 24d · Other expenses: UTILITIES

    total $124,968 · program services $103,182 · management and general $17,429 · fundraising $4,357

  • 24e · All other expenses

    total $455,539 · program services $393,727 · management and general $49,450 · fundraising $12,362

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $860,541 · end of year $805,481

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $83,514 · end of year $69,972

  • 4 · Accounts receivable

    beginning of year $82,077 · end of year $73,097

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $50,069 · end of year $54,188

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,944 · end of year $3,997

  • 10a · Land, buildings and equipment: cost or other basis

    $9,997,597

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,879,629

  • 10c · Land, buildings and equipment, net

    beginning of year $7,200,175 · end of year $7,117,968

  • 11 · Investments: publicly traded securities

    beginning of year $2,595,323 · end of year $3,223,144

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $12,226 · end of year $10,437

  • 15 · Other assets

    beginning of year $348,012 · end of year $300,198

  • 17 · Accounts payable and accrued expenses

    beginning of year $296,020 · end of year $379,283

  • 19 · Deferred revenue

    beginning of year $57,590 · end of year $65,858

  • 24 · Unsecured notes and loans payable

    beginning of year $2,734,393 · end of year $2,679,114

  • 25 · Other liabilities

    beginning of year $100,707 · end of year $22,513

  • 27 · Net assets without donor restrictions

    beginning of year $7,916,146 · end of year $8,411,689

  • 28 · Net assets with donor restrictions

    beginning of year $170,025 · end of year $100,025

Mission and programs · 2024

Mission

GREY BEARS IMPROVES THE HEALTH AND WELLBEING OF SENIORS THROUGH VOLUNTEERISM AND COMMUNITY PARTICIPATION.

Activities or mission (Part I)

THE ORGANIZATION'S PRIMARY PURPOSE IS TO DELIVER A WEEKLY BAG OF HEALTHY GROCERIES TO SANTA CRUZ RESIDENTS,50 YEARS OF AGE AND OLDER, THROUGH ITS HEALTHY FOOD FOR SENIORS PROGRAM.

  • USING FINANCIAL SUPPORT OF GENERAL PUBLIC AND SEVERAL GOVERNMENT AGENCIES, REVENUES GENERATED BY ITS RECYCLING PROGRAMS, AND SALES REVENUE OF DONATED ITEMS IN ITS THRIFT SHOP, THE ORGANIZATION PROVIDED OVER 2 MILLION POUNDS OF FOOD TO SENIOR CITIZENS OF SANTA CRUZ COUNTY.

    Expenses $8,582,645 · Grants $5,093,851

As filed on the 2024 return.

Listed in Part VII

  • Jennifer Merchant

    Executive Dir.

    Total calculated
    $174,916
    From this org
    $174,916
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,916
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $174,916

  • Lisa Noble

    ACCT. MANAGER

    Total calculated
    $83,995
    From this org
    $83,995
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Marshall Delk

    Director

    Total calculated
    $0
    Hours/week
    2

  • John Presleigh

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jacob Guth

    Director

    Total calculated
    $0
    Hours/week
    2

  • Judith Levin

    Director

    Total calculated
    $0
    Hours/week
    2

  • Leslie O'Malley

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Satish Rishi

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Richard Beach

    Director

    Total calculated
    $0
    Hours/week
    2

  • Kathy Hormel

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Adeline Davis

    Director

    Total calculated
    $0
    Hours/week
    2

  • Thomas Parker

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Betsey Lynberg

    Director

    Total calculated
    $0
    Hours/week
    0

  • Michael Watkins

    Director

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 December 2025
IRS schema version
2024v5.2
Source object
202543519349301129

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