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← G12 FOUNDATION

Form 990 for tax year 2023

Filed by G12 FOUNDATION.

Totals

Total revenue
$3,279,772
Total expenses
$212,047
Contributions and grants received
$3,266,652
Grants paid
$192,582
Program service revenue
$0
Investment income
$13,120
Other revenue
$0
Total assets, end of year
$4,593,568
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,593,568
Program services expenses (Part IX)
$212,047
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$212,047

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $3,266,652

  • 3 · Investment income

    total $13,120 · excluded $13,120

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

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $192,582 · program services $192,582

  • 2 · Grants to domestic individuals

    total $0

  • 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 $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $7,051 · program services $7,051

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $792 · program services $792

  • 11g · Fees: other

    total $272 · program services $272

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 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 $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Rent

    total $11,300 · program services $11,300

  • 24b · Other expenses: Miscellaneous

    total $50 · program services $50

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,763 · end of year $1,174,614

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 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

    beginning of year $1,539,080 · end of year $3,391,068

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $18,386

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $9,500

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $15,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,525,843 · end of year $4,593,568

Mission and programs · 2023

Mission

To foster various Christian causes; to provide financial support to public charities that foster educational or literary purposes or to improve welfare of people in need

  • Contributions were made to various organizations that support mission of G12 Foundation

    Expenses $212,047 · Grants $192,581 · Revenue $3,279,772

As filed on the 2023 return.

Listed in Part VII

  • Larry G Copenbarger

    President

    Total calculated
    $0
    Hours/week
    0
  • Nicholas D Copenbarger

    Vice President

    Total calculated
    $0
    Hours/week
    0
  • Eve F Hicks

    Secretary

    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.

Grants on this return

  • GTI Hope

    $55,000

    Support mission of GTI Hope

  • Free Wheelchair Mission

    $50,000

    Support mission of Free Wheelchair

  • Messenger International

    $48,490

    Support mission of Messenger Int

  • King of Kings Ministries

    $12,000

    Support mission King of Kings

  • Salt & Light Ministries

    $10,617

    Support mission of Salt & Ligh Min

Provenance

Return type
form_990
Tax year
2023
Filed
18 February 2025
IRS schema version
2023v6.0
Source object
202530569349301558

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

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