Gk Fund Inc
- Assets
- $182.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlestown, MA
- Founding
- Data as of
- 12/2021
- 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 12/2021, Gk Fund Inc generated $119.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.0% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD THE FUNDS TO BE USED IN A FOLLOWING YEAR. NO ACTIVITY/SERVICE ACCOMPLISHMENTS OCCURRED IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colette Phillips President | 1 | $0 | |
Herby Duverne Director | 1 | $0 | |
Andre Porter Clerk | 1 | $0 | |
Maria Desimone Treasurer | 1 | $0 | |
Geoffrey Caraboolad Director | 1 | $0 | |
Anudradha Yadav Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,086 |
| 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 | $119,086 |
| 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 | $7,645 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,930 |
| Total expenses | $11,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,511 |
| Other assets | $0 |
| Total assets | $182,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gk Fund Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Citizens Energy Corp Boston, MA PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Entrepreneurship For All Inc Lowell, MA | $9,819,862 | $9,183,052 |
Trickle Up Program Inc New York, NY | $7,710,130 | $4,721,602 |
Commonwealth Kitchen Inc Dorchester, MA | $6,037,148 | $6,037,848 |
World Trade Center Small Business Recovery Fund Inc Albany, NY | $0 | $35,625 |
Latin American Venture Capital Association New York, NY | $0 | $1,998,213 |
Launch New York Inc Buffalo, NY | $5,910,787 | $3,470,565 |
I C A Group Incorporated Northampton, MA | $909,769 | $1,456,484 |
Media Law Resource Center Inc New York, NY | $2,775,500 | $1,755,345 |
New York & New Jersey Minority Supplier Development Council Inc New York, NY | $2,004,201 | $2,414,706 |
Business Training Institute Inc Utica, NY | $245,817 | $1,451,359 |
Central New York Technology Development Organization Inc Liverpool, NY | $2,128,896 | $1,411,064 |
Commonwise Education Inc Bronx, NY | $784,166 | $932,355 |