Gaad Foundation Inc
- Assets
- $100.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, NV
- Founding
- Data as of
- 12/2023
- EIN
- 86-3853945
Organization Overview
Gaad Foundation Inc is located in Henderson, NV. According to its NTEE Classification (P24) the organization is classified as: Salvation Army, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaad 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 12/2023, Gaad Foundation Inc generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Devon Chair | 2 | $0 | |
Jennison Asuncion Vice Chair | 2 | $0 | |
Mindy Morgan Secretary | 2 | $0 | |
Chris Gaulin Treasurer | 2 | $0 | |
Christopher Patnoe Board Member | 2 | $0 | |
Diane Labenz Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,922 |
| 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 | $53,922 |
| 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 | $25,827 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,074 |
| Total expenses | $49,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,256 |
| Other assets | $0 |
| Total assets | $100,256 |
| Total liabilities | $8,918 |
| Net assets or fund balances | $91,338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salvation Army Residences Incorporated Long Beach, CA | $7,417,900 | $4,454,490 |
Changing Peoples Lives Inc San Bernardino, CA | $1,149,382 | $1,360,645 |
Pillars Of The Community San Diego, CA | $950,590 | $1,457,163 |
Simply Help Foundation Los Angeles, CA | $1,071,164 | $672,755 |
Wagner Charitable Trust Las Vegas, NV | $0 | $145,328 |
Strengthening Rural Families Philomath, OR | $275,707 | $709,787 |
Tri Counties Community Action Partnership Willows, CA | $45,798 | $509,161 |
Salvation Army Reno Residences Inc Rancho Palos Verdes, CA | $2,438,704 | $448,168 |
Salvation Army Services Inc Long Beach, CA | $7,317,528 | $0 |
Mark A Murphy Foundation Las Vegas, NV | $50,882 | $96,605 |
Gaad Foundation Inc Henderson, NV | $100,256 | $0 |
Scottsdale Family Therapy Scottsdale, AZ | $5,350 | $43,537 |
Salvation Army Medical Care Trust Las Vegas, NV | $724,155 | $28,862 |
Community Cares East Los Angeles, CA | $34,734 | $0 |
Foothills Rescue & Rehabilitation Forest Grove, OR | $1,488 | $0 |
California Shan Social And Cultural Society Baldwin Park, CA | $7,633 | $4,615 |