Gk Fund Inc
- Assets
- $51.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlestown, MA
- Founding
- Data as of
- 12/2023
- EIN
- 84-5048084
Organization Overview
Gk Fund Inc is located in Charlestown, MA. According to its NTEE Classification (S43) the organization is classified as: Small Business 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. Gk Fund 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 12/2023, Gk Fund Inc generated $17.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.8%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WORKS TO CLOSE THE RACE AND GENDER WEALTH GAP BY INCREASING ACCESS TO CAPITAL, PROVIDING MENTORSHIP, FREE LEGAL SERVICES AND OTHER RESOURCES TO ENTREPRENEURS FROM UNDERREPRESENTED GROUPS, INCLUDING BUT NOT LIMITED TO FOUNDERS WHO IDENTIFY AS BIPOC, WOMEN, LGBTQIA, OR VETERAN OF THE U.S. ARMED FORCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre Porter Clerk | 1 | $0 | |
Anudradha Yadav Director | 1 | $0 | |
Ca Webb Director | 1 | $0 | |
Colette Phillips President | 1 | $0 | |
Darren Donovan Director | 1 | $0 | |
David Bright Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,203 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,203 |
| 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 | $48,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $6,462 |
| Total expenses | $124,892 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,667 |
| Other assets | $0 |
| Total assets | $51,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,667 |