Greatlife Cares Foundation
- Assets
- $122.9k
- Revenue
- $248.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 47-2447820
Organization Overview
Greatlife Cares Foundation is located in Sioux Falls, SD. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greatlife Cares Foundation 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, Greatlife Cares Foundation generated $248.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $194.5k during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 6 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.
Since 2020, Greatlife Cares Foundation has awarded 11 individual grants totaling $108,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOCUS OF GREATLIFE CARES FOUNDATION IS:TO ENRICH THE LIVES OF FAMILIES AND INDIVIDUALS THROUGH GOLF, FITNESS AND HEALTHY LIFESTYLES.TO HELP DEVELOP VALUES, CHARACTER AND LEADERSHIP QUALITIES IN MENTORING RELATIONSHIPS THROUGH INVOLVEMENT IN GOLF, FITNESS AND ATHLETICS.TO PROVIDE PROGRAMS AND EDUCATION ON GOLF, FITNESS, NUTRITION AND HEALTHY LIFESTYLES.TO MAKE A DIFFERENCE IN PEOPLE'S LIVES, ESPECIALLY THOSE OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2018 GREATLIFE CARES FOUNDATION GAVE $104,025.00 TO 21 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Ovenden Secretary | OfficerTrustee | 0 | $0 |
Brad Hansen Treasurer | OfficerTrustee | 0 | $0 |
Thomas P Walsh Jr Director | Trustee | 0 | $0 |
Molly Walsh Christenson Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $248,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,500 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,000 |
| 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 | $426 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,526 |
| Advertising and promotion | $35,317 |
| Office expenses | $0 |
| Information technology | $420 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,650 |
| 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 | $0 |
| Insurance | $1,314 |
| All other expenses | $0 |
| Total functional expenses | $194,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,750 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $122,918 |
| 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 | $122,918 |
| 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 | $122,918 |
Grants Awarded
Over the last fiscal year, Greatlife Cares Foundation has awarded $55,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JUNIOR ACHIEVEMENT | | | $13,250 |
Sioux Falls, SD | | $12,250 |
OGORMAN HIGH SCHOOL | | | $12,250 |
Sioux Falls, SD | | $10,500 |
Sioux Falls, SD | | $7,250 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greatlife Cares Foundation has recieved totaling $23,500.
| Awarding Organization | Amount |
|---|---|
Sanford Sioux Falls, SD PURPOSE: COMMUNITY HEALTH IMPROVEMENT | $16,000 |
Greg And Pam Sands Foundation Sioux Falls, SD PURPOSE: CHALLENGE FOR CHANGE GOLF EVENT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Hormel Foundation Austin, MN | $1,540,722,314 | $34,366,937 |
Nebraska Philanthropic Trust Omaha, NE | $2,416,213 | $1,885,786 |
Omni Behavioral Health Omaha, NE | $19,278,605 | $23,477,571 |
South Dakota Community Foundation Pierre, SD | $805,282,495 | $215,504,617 |
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Bozeman Deaconess Foundation Bozeman, MT | $46,305,218 | $4,373,861 |
Community Foundation Of Johnson Coralville, IA | $45,550,796 | $9,673,780 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |