Grangou
- Assets
- $328.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-2974121
Organization Overview
Grangou is located in Flower Mound, TX. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grangou is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Grangou generated $184.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $240.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRANGOU PROVIDES THE FUNDING FOR TRAVAY BONDYE A CHILDREN'S HOME IN PORT-AU-PRINCE HAITI. WE PROVIDE STAFF HOUSING MEALS AND PRIVATE SCHOOL FOR OVER 60 CHILDREN IN PORT-AU-PRINCE.
Describe the Organization's Program Activity:
Part 3
WE PROVIDE HOUSING AND SUPERVISION FOR OVER 60 FORMER STREET CHILDREN
WE PROVIDE FOOD CLOTHING AND MEDICAL CARE FOR OVER 60 FORMER STREET CHILDREN
WE PROVIDE PRIVATE SCHOOLING FOR OVER 60 FORMER STREET CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gibson President | 20 | $0 | |
Carrie Gibson CFO | 20 | $0 | |
William Sisco Director | 4 | $0 | |
Johnny Norris Director | 4 | $0 | |
Dorianne Daganhardt Director | 4 | $0 | |
Gary Kennedy Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,838 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,843 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,577 |
| Professional fees and other payments to independent contractors | $3,300 |
| Occupancy, rent, utilities, and maintenance | $27,965 |
| Printing, publications, postage, and shipping | $2,654 |
| Other expenses | $150,528 |
| Total expenses | $240,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,301 |
| Other assets | $0 |
| Total assets | $328,801 |
| Total liabilities | $22,000 |
| Net assets or fund balances | $306,801 |