Gastonia Police Foundation Inc is located in Gastonia, NC. The organization was established in 2009. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gastonia Police Foundation Inc 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 06/2024, Gastonia Police Foundation Inc generated $76.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $48.1k during the year ending 06/2024. While expenses have increased by 14.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE EXCELLENCE IN POLICING WHILE FACILITATING TANGIBLE, POSITIVE CHANGE IN THE COMMUNITY BY SUPPORTING ENDEAVORS THAT WORK TO IMPROVE THE QUALITY OF LIFE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT EVENTS - FUNDING OPPORTUNITIES FOR OFFICERS TO CONTRIBUTE TO AND PROVIDE EDUCATION WITHIN THEIR COMMUNITY. (A) OFFICERS SUPPORT DISADVANTAGED CHILDREN AND FAMILIES DURING THE HOLIDAY SEASON AND BACK TO SCHOOL SEASON, INVOLVING ACTIVITIES LIKE SCHOOL SUPPLY SHOPPING WITH KIDS, THANKSGIVING TURKEY GIVEAWAYS, AND CHRISTMAS GIFT DONATIONS. (B) OFFERING YOUTH-FOCUSED EDUCATIONAL PROGRAMS WITHIN THE COMMUNITY, SUCH AS SUMMER LEADERSHIP CAMPS.
GENERAL LAW ENFORCEMENT AND COMMUNITY SUPPORT.
EVENTS HONORING OFFICERS - OUR CALENDAR FEATURES EVENTS SUCH AS THE YEARLY APPRECIATION DINNER FOR OFFICERS AND STAFF, A FAMILY DAY GATHERING ON JULY 4TH WITH OFFICERS AND THEIR LOVED ONES, ALONG WITH ADDITIONAL ACTIVITIES AIMED AT BACKING OUR LOCAL LAW ENFORCEMENT COMMUNITY.
ASSISTING OFFICER REQUIREMENTS - OFFERING RESOURCES AND ITEMS ESSENTIAL FOR OFFICERS TO FULFILL THEIR RESPONSIBILITIES, WHICH ARE NOT COVERED BY GOVERNMENT FUNDING. SUCH SUPPORT COVERS SUPPLEMENTAL TRAINING, EXTRA SUPPLIES FOR PATROL VEHICLES, AND NECESSARY EQUIPMENT FOR OFFICER SUPPORT. HISTORICALLY, ACQUISITIONS HAVE COMPRISED TOURNIQUETS, AERIAL DRONES, PHOTOGRAPHIC GEAR, BICYCLES, AMONG OTHERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheree Pruett President | OfficerTrustee | 5 | $0 |
David Masters Vice Preside | OfficerTrustee | 5 | $0 |
Andrew Quinley Secretary | OfficerTrustee | 2 | $0 |
Victoria L Blair Treasurer | OfficerTrustee | 2 | $0 |
Carol Atkins Director | Trustee | $0 | |
Jona Bauer Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $21,857 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,857 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $50,191 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,692 |
Miscellaneous Revenue | $0 |
Total Revenue | $76,740 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,295 |
Office expenses | $4 |
Information technology | $503 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $111 |
Insurance | $750 |
All other expenses | $12,674 |
Total functional expenses | $48,080 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $175,261 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,339 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $179,600 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $179,600 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $179,600 |