Gamma Iota Boule Foundation Inc
- Assets
- $246.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-2372199
Organization Overview
Gamma Iota Boule Foundation Inc is located in Rochester, NY. The organization was established in 2017. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gamma Iota Boule 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 12/2022, Gamma Iota Boule Foundation Inc generated $56.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $31.4k during the year ending 12/2022. While expenses have increased by 19.6% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED $5,000 IN SCHOLARSHIPS TO FOUR STUDENTS THROUGH THE ROCHESTER URBAN LEAGUE BLACK SCHOLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Augustine Chairman | 20 | $0 | |
Emerson Fullwood Vice Chairman | 2 | $0 | |
William Castle Secretary | 1 | $0 | |
David Cowens Treasurer | 4 | $0 | |
Carol Adams Trustee | 1 | $0 | |
Brenda Caine Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,525 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,713 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $56,243 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,516 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,148 |
| Total expenses | $31,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,164 |
| Other assets | $0 |
| Total assets | $246,552 |
| Total liabilities | $59 |
| Net assets or fund balances | $246,493 |