Form 990 for tax year 2022
Filed by GOLDEN GATE DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $5,669,775
- Total expenses
- $6,015,995
- Contributions and grants received
- $5,669,512
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $263
- Other revenue
- $0
- Total assets, end of year
- $9,501,826
- Total liabilities, end of year
- $7,007,970
- Net assets or fund balances, end of year
- $2,493,856
- Program services expenses (Part IX)
- $6,015,995
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,015,995
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.
-
1d · Related organizations
$1,386,168
-
1e · Government grants (contributions)
$807,949
-
1f · All other contributions, gifts and grants
$3,475,395
-
2a · Program service revenue: After Care
total $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $263 · unrelated business $0 · excluded $0
-
11a · Other revenue: 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.
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: Instruction expenses
total $2,046,844 · program services $2,046,844 · management and general $0 · fundraising $0
-
24b · Other expenses: Support services
total $1,362,152 · program services $1,362,152 · management and general $0 · fundraising $0
-
24c · Other expenses: Non Instruciton
total $301,432 · program services $301,432 · management and general $0 · fundraising $0
-
24d · Other expenses: Capital outlay
total $1,962,217 · program services $1,962,217 · management and general $0 · fundraising $0
-
24e · All other expenses
total $343,350 · program services $343,350 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $295,809 · end of year $128,874
-
4 · Accounts receivable
beginning of year $199,942 · end of year $65,574
-
9 · Prepaid expenses and deferred charges
beginning of year $103,284
-
10a · Land, buildings and equipment: cost or other basis
$10,614,471
-
10b · Land, buildings and equipment: accumulated depreciation
$2,123,017
-
10c · Land, buildings and equipment, net
beginning of year $7,414,488 · end of year $8,491,454
-
11 · Investments: publicly traded securities
beginning of year $42,732 · end of year $64,159
-
15 · Other assets
beginning of year $1,011,828 · end of year $751,765
-
17 · Accounts payable and accrued expenses
beginning of year $926,745 · end of year $144,168
-
23 · Secured mortgages and notes payable
beginning of year $5,106,255 · end of year $6,863,802
-
25 · Other liabilities
beginning of year $674,901 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,360,182 · end of year $2,493,856
Mission and programs · 2022
Mission
Education
-
Education
Expenses $6,015,995 · Revenue $4,279,707
As filed on the 2022 return.
Listed in Part VII
-
Edward Stephen
Director--Strat
- Total calculated
- $100,134
- From this org
- $100,134
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45
-
James Johnson
Principal
- Total calculated
- $95,500
- From this org
- $95,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45
-
Ed Stephens Jr
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
Brandon Arrind
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Dr Joe Carson
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Skakia Clark
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Kiesha Davis
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Gerald Fanlon
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Mendell Grinte
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
B Henderson ES
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Max Rubenstien
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Paul Stephens
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Dr L Tharpe
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Mark Yates
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
David Middleton
Officer
- Total calculated
- $195,634
- From this org
- $195,634
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $195,634
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $195,634
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
None.
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
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202421369349317102
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.