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Nonprofiteer
← CELEBRITY ADVENTURES INC

Form 990 for tax year 2023

Filed by CELEBRITY ADVENTURES INC.

Totals

Total revenue
$823,599
Total expenses
$85,772
Contributions and grants received
$5,132,982
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
-$4,309,383
Total assets, end of year
$1,893,544
Total liabilities, end of year
$498,693
Net assets or fund balances, end of year
$1,394,851
Program services expenses (Part IX)
$0
Management and general expenses
$59,089
Fundraising expenses
$26,683
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1c · Fundraising events

    $5,132,982

  • 8a · Fundraising events: gross income

    $121,004

  • 8a · Fundraising events: contributions included on line 1c

    $5,132,982

  • 8b · Fundraising events: direct expenses

    $4,430,387

  • 8c · Net income from fundraising events

    total -$4,309,383 · excluded -$4,309,383

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $36,865 · management and general $36,865

  • 11g · Fees: other

    total $10,198 · management and general $10,198

  • 13 · Office expenses

    total $3,349 · management and general $3,349

  • 16 · Occupancy

    total $4,453 · management and general $4,453

  • 24a · Other expenses: BANK FEES

    total $30,907 · management and general $4,224 · fundraising $26,683

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $718,969 · end of year $532,227

  • 3 · Pledges and grants receivable

    beginning of year $452,000 · end of year $1,275,000

  • 7 · Other notes and loans receivable

    beginning of year $152,142

  • 9 · Prepaid expenses and deferred charges

    end of year $86,317

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,368 · end of year $173,502

  • 25 · Other liabilities

    beginning of year $602,719 · end of year $325,191

  • 27 · Net assets without donor restrictions

    beginning of year $657,024 · end of year $1,394,851

Mission and programs · 2023

Mission

THE FOUNDATION SUPPORTS GATEWAY FOR CANCER RESEARCH AND ITS EFFORTS TO BATTLE CANCER BY FUNDING PHASE I AND PHASE II CANCER TRIALS.

Activities or mission (Part I)

PRESENT ANNUAL CHARITY EVENT TO SUPPORT GATEWAY FOR CANCER RESEARCH.

  • THE FOUNDATION SUPPORTS GATEWAY FOR CANCER RESEARCH AND ITS EFFORTS TO BATTLE CANCER BY FUNDING PHASE I AND PHASE II CANCER TRIALS.

As filed on the 2023 return.

Listed in Part VII

  • Richard J Stephenson

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.3
  • Dr Stacie J Stephenson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3
  • Fred Degrandis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202541329349300844

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