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Nonprofiteer
← GABBY KRAUSE FOUNDATION

Form 990 for tax year 2024

Filed by GABBY KRAUSE FOUNDATION.

Totals

Total revenue
$1,629,647
Total expenses
$1,656,447
Contributions and grants received
$1,601,185
Grants paid
$735,614
Program service revenue
$0
Investment income
$28,462
Other revenue
$0
Total assets, end of year
$1,375,410
Total liabilities, end of year
$113,183
Net assets or fund balances, end of year
$1,262,227
Program services expenses (Part IX)
$1,339,026
Management and general expenses
$213,967
Fundraising expenses
$103,454
Program service expenses (Part III)
$1,339,026

Program services were 80.8% 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

    $854,258

  • 1f · All other contributions, gifts and grants

    $746,927

  • 1g · Noncash contributions included above

    $68,789

  • 3 · Investment income

    total $28,462 · excluded $28,462

  • 8a · Fundraising events: gross income

    $503,734

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

    $854,258

  • 8b · Fundraising events: direct expenses

    $503,734

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $735,614 · program services $735,614

  • 5 · Compensation of officers, directors and key employees

    total $232,291 · program services $149,747 · management and general $58,309 · fundraising $24,235

  • 7 · Other salaries and wages

    total $331,963 · program services $245,230 · management and general $43,257 · fundraising $43,476

  • 10 · Payroll taxes

    total $55,444 · program services $38,811 · management and general $9,980 · fundraising $6,653

  • 11g · Fees: other

    total $91,447 · program services $33,848 · management and general $51,797 · fundraising $5,802

  • 13 · Office expenses

    total $66,669 · program services $41,139 · management and general $18,466 · fundraising $7,064

  • 14 · Information technology

    total $555 · program services $388 · management and general $100 · fundraising $67

  • 16 · Occupancy

    total $86,029 · program services $60,221 · management and general $15,485 · fundraising $10,323

  • 17 · Travel

    total $11,743 · program services $8,220 · management and general $2,114 · fundraising $1,409

  • 19 · Conferences, conventions and meetings

    total $8,252 · program services $5,776 · management and general $1,486 · fundraising $990

  • 23 · Insurance

    total $6,616 · program services $4,087 · management and general $1,827 · fundraising $702

  • 24a · Other expenses: MISCELLANEOUS

    total $26,163 · program services $13,683 · management and general $10,135 · fundraising $2,345

  • 24b · Other expenses: MEMBERSHIP DUES

    total $3,661 · program services $2,262 · management and general $1,011 · fundraising $388

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $503,591 · end of year $400,542

  • 11 · Investments: publicly traded securities

    beginning of year $11,213 · end of year $14,375

  • 12 · Investments: other securities

    beginning of year $772,506 · end of year $886,336

  • 15 · Other assets

    beginning of year $196,052 · end of year $74,157

  • 17 · Accounts payable and accrued expenses

    beginning of year $42,107 · end of year $36,709

  • 25 · Other liabilities

    beginning of year $198,891 · end of year $76,474

  • 27 · Net assets without donor restrictions

    beginning of year $1,242,364 · end of year $1,262,227

Mission and programs · 2024

Mission

TO DELIVER JOY, LAUGHTER AND RELIEF TO CHILDREN WHO ARE FACED WITH LONG- TERM AND LIFE-THREATENING CONDITIONS.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • THE GABBY KRAUSE FOUNDATION'S MISSION IS TO DELIVER JOY, LAUGHTER AND RELIEF TO CHILDREN WITH LONG-TERM AND LIFE-LIMITING CONDITIONS. THE SIGNATURE PROJECT OF THE FOUNDATION IS BAGS OF FUN. OUR GOAL IS TO DELIVER A BAG OF FUN (A BACKPACK FILLED WITH EDUCATIONAL, MANIPULATIVE, AND THERAPEUTIC TOYS THAT ARE RELEVANT TO EACH CHILD'S AGE, GENDER, DIAGNOSIS, AND INTERESTS) TO KEEP EVERY CHILD BUSY AND HAPPY DURING LONG HOSPITAL VISITS. IN 2024, WE DELIVERED 2,220 BAGS OF FUN TO HOSPITALS IN DENVER, KANSAS CITY, AND OMAHA.

    Expenses $1,339,026 · Grants $735,614

As filed on the 2024 return.

Listed in Part VII

  • TAMMY KRAUSE

    CHAIRMAN/ED

    Total calculated
    $91,014
    From this org
    $91,014
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • KIRKLYN SIMONTON

    DIRECTOR OF

    Total calculated
    $75,667
    From this org
    $75,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • KELLY MORAN

    FINANCE DIRE

    Total calculated
    $65,610
    From this org
    $65,610
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • TOM BRIGGS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • DOUG SLAYBAUGH

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • EMILY MAXFIELD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MATT ZURCHER

    DIRECTOR

    Total calculated
    $0
  • MATT SALLEE

    DIRECTOR

    Total calculated
    $0
  • JOSH BURNETT

    DIRECTOR

    Total calculated
    $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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
4 March 2025
IRS schema version
2024v5.0
Source object
202520709349301412

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