Gibbs Christian Education Foundation Inc
- Assets
- $5.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Owasso, OK
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-4271434
Organization Overview
Gibbs Christian Education Foundation Inc is located in Owasso, OK. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Gibbs Christian Education 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.
Since 2018, Gibbs Christian Education Foundation Inc has awarded 23 individual grants totaling $2,574,553. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,626,255 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $293,781 |
| Capital Gain Net Income | $293,781 |
| Net ST Capital Gain | $211,808 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,976,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $67,924 |
| Pension plans, employee benefits | $1,586 |
| Interest | $0 |
| Taxes | $13,433 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,218 |
| Printing and publications | $0 |
| Other expenses | $4,364 |
| Total operating and administrative expenses | $263,520 |
| Contributions, gifts, grants paid | $4,444,798 |
| Total expenses and disbursements | $4,708,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,771 |
| Savings and temporary cash investments | $5,294,370 |
| 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 | $0 |
| Other assets | $39,722 |
| Total assets | $5,420,863 |
| 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, Gibbs Christian Education Foundation Inc has awarded $1,322,319 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSOVER PREP ACADEMY PURPOSE: GENERAL FUNDRAISER | $500,000 |
Owasso, OK PURPOSE: SCHOLARSHIPS | $216,684 |
Oklahoma City, OK PURPOSE: SCHOLARSHIPS | $100,000 |
Tulsa, OK PURPOSE: SCHOLARSHIPS | $75,000 |
AUSTINE CHRISTINE ACADEMY PURPOSE: SCHOLARSHIPS | $75,000 |
REGENT PREPARATORY SCHOOL PURPOSE: SCHOLARSHIPS | $72,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
1million Project Foundation Overland Park, KS | $8,054,178 | $5,845,168 |
Northeast Kansas Community Action Program Hiawatha, KS | $3,012,533 | $8,873,734 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
David And Molly Pyott Foundation Avon, CO | $9,634,209 | $3,719,915 |
Epicpromise Employee Foundation Broomfield, CO | $1,990,176 | $1,259,560 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |