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Nonprofiteer
← GCC FOUNDATION INC

Form 990 for tax year 2022

Filed by GCC FOUNDATION INC.

Totals

Total revenue
$873,934
Total expenses
$974,022
Contributions and grants received
$868,395
Grants paid
$738,620
Program service revenue
$0
Investment income
$5,539
Other revenue
$0
Total assets, end of year
$512,337
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$512,337
Program services expenses (Part IX)
$746,537
Management and general expenses
$93,077
Fundraising expenses
$134,408
Program service expenses (Part III)
$746,537

Program services were 76.6% 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.

  • 1a · Federated campaigns

    $2,365

  • 1f · All other contributions, gifts and grants

    $866,030

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $5,539 · excluded $5,539

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $738,620 · program services $738,620

  • 5 · Compensation of officers, directors and key employees

    total $118,924 · program services $6,198 · management and general $23,785 · fundraising $88,941

  • 7 · Other salaries and wages

    total $1,074 · program services $162 · management and general $697 · fundraising $215

  • 10 · Payroll taxes

    total $33,017 · management and general $6,603 · fundraising $26,414

  • 11b · Fees: legal

    total $565 · management and general $565

  • 11c · Fees: accounting

    total $3,211 · management and general $3,211

  • 11g · Fees: other

    total $27,977 · program services $0 · management and general $27,977 · fundraising $0

  • 12 · Advertising and promotion

    total $7,260 · fundraising $7,260

  • 13 · Office expenses

    total $17,694 · management and general $17,694

  • 14 · Information technology

    total $8,653 · management and general $8,653

  • 17 · Travel

    total $331 · fundraising $331

  • 19 · Conferences, conventions and meetings

    total $2,190 · management and general $2,190

  • 22 · Depreciation, depletion and amortization

    total $425 · program services $85 · management and general $85 · fundraising $255

  • 23 · Insurance

    total $1,617 · management and general $1,617

  • 24a · Other expenses: Other events

    total $12,464 · program services $1,472 · fundraising $10,992

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $612,000 · end of year $512,337

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

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

    $1,698

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

    $1,698

  • 10c · Land, buildings and equipment, net

    beginning of year $425 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $579,514 · end of year $479,426

  • 28 · Net assets with donor restrictions

    beginning of year $32,911 · end of year $32,911

Mission and programs · 2022

Mission

The GCC Foundation exists to instill hope, dignity and sustainable change for all people while transforming the lives of those who give and serve.

Activities or mission (Part I)

The GCC Foundation exists to instill hope, dignity and sustainable change.

  • The GCC Foundation accomplishes its mission through resourcing sustainable care efforts in the community, specifically through the Grace Care Center which provides care and compassion to the local community of Hamilton County and Northern Marion County, Indiana through the choice food pantry, referral services, vehicle services and ESL services. The Foundation has been marketing the efforts of the Grace Care Center to Central Indiana, and cultivating donors in order to grow and sustain the work of the Grace Care Center. The Foundation also helped resource the efforts of the Care Center in 2022. The Foundation provided grants to the Grace Care Center totaling $738,620 in 2022.

    Expenses $746,537 · Grants $738,620

As filed on the 2022 return.

Listed in Part VII

  • Brian Boone

    Board Member, Executive Director

    Total calculated
    $85,057
    From this org
    $76,562
    From related orgs
    $0
    Other
    $8,495
    Hours/week
    40

  • Cara Augspurger

    Vice-Chairman, Secretary

    Total calculated
    $0
    Hours/week
    5

  • Greg Guevera

    Chairman

    Total calculated
    $0
    Hours/week
    3

  • Keith Carlson

    Exec. Dir. (part year), Board Member

    Total calculated
    $33,867
    From this org
    $31,187
    From related orgs
    $0
    Other
    $2,680
    Hours/week
    2

  • Scott Quigley

    Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Anthony Brock

    Board Member (part year)

    Total calculated
    $0
    Hours/week
    6

  • Brent Dunn

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Catherine Foley

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jon Kizer

    Board Member

    Total calculated
    $0
    Hours/week
    8

  • Marcus Casteel

    Board Member

    Total calculated
    $0
    Hours/week
    4

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

Provenance

Return type
form_990
Tax year
2022
Filed
30 October 2023
IRS schema version
2022v5.0
Source object
202343039349301609

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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