Generation Iii Gun Incorporated
- Assets
- $25.2k
- Revenue
- $44.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Thomas, MO
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-3789577
Organization Overview
Generation Iii Gun Incorporated is located in Saint Thomas, MO. The organization was established in 2014. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Iii Gun Incorporated 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 12/2021, Generation Iii Gun Incorporated generated $44.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $41.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE COMPETITIVE SHOOTING WITH INDIVIDUALS UNDER THE AGE OF 18 YEARS OLD IN THE FORM OF SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Francis President | 2 | $0 | |
Jeff Welsh Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,123 |
| Interest on Savings | $0 |
| Dividends & Interest | $25 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,490 |
| Occupancy | $9,470 |
| Travel, conferences, and meetings | $1,605 |
| Printing and publications | $0 |
| Other expenses | $19,603 |
| Total operating and administrative expenses | $33,538 |
| Contributions, gifts, grants paid | $7,700 |
| Total expenses and disbursements | $41,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,076 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,109 |
| Other assets | $0 |
| Total assets | $25,185 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Generation Iii Gun Incorporated has awarded $7,700 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
RACHEL MAZZIO PURPOSE: EDUCATION | $760 |
LUKE LAWING PURPOSE: EDUCATION | $725 |
KATELYNN WHEELER PURPOSE: EDUCATION | $725 |
NATE SCHMIDT PURPOSE: EDUCATION | $682 |
AKADIAN CAMPBELL PURPOSE: EDUCATION | $640 |
JACK YOST PURPOSE: EDUCATION | $525 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
Fields & Futures Foundation Edmond, OK | $7,089,979 | $3,122,717 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Old West Special Trails Inc Collierville, TN | $525,442 | $435,030 |
Archers Usa Foundation Alma, AR | $3,557 | $344,427 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |