Gsn Foundation
- Assets
- $1.2m
- Revenue
- $171.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 03/2000
- Data as of
- 05/2022
- EIN
- 88-0447867
Organization Overview
Gsn Foundation is located in Reno, NV. The organization was established in 2000. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gsn Foundation 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 05/2022, Gsn Foundation generated $171.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $52.1k during the year ending 05/2022. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING FOR THE GEOLOGICAL SOCIETY OF NEVADA'S PHILANTHROPIC CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEOLOGY FIELD CAMP
FUNDS FOR WASHOE COUNTY SCHOOLS FIELD TRIPS
SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Camille Prenn President/chair | OfficerTrustee | 1 | $0 |
Robert Thomas Treasurer/director | OfficerTrustee | 1 | $0 |
Kel Buchanan Secretary/director | OfficerTrustee | 1 | $0 |
Richard Bedell Director | Trustee | 1 | $0 |
Joann Newbury Director | Trustee | 1 | $0 |
Robert Felder Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,296 |
| Total Program Service Revenue | $0 |
| Investment income | $14,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,957 |
| Net Income from Fundraising Events | $24,092 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,700 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $753 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $948 |
| Total functional expenses | $52,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,755 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,095,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,226,232 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,226,232 |
| Total liabilities and net assets/fund balances | $1,226,232 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gsn Foundation has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Earthquake Engineering Research Institute Inc Oakland, CA | $6,271,533 | $2,438,682 |
Mineralogical Record Inc Tucson, AZ | $1,267,443 | $1,032,795 |
Tucson Gem And Mineral Society Inc Tucson, AZ | $866,231 | $716,626 |
Cecil H & Ida M Green Foundation For Earth Sciences La Jolla, CA | $16,525,112 | $1,221,654 |
Earthknowsys Incorporated Twin Falls, ID | $33,997 | $198,052 |
Geological Engineering Foundation Moraga, CA | $6,463 | $183,678 |
Mining Foundation Of The Southwest Inc Tucson, AZ | $544,759 | $193,900 |
Channel Islands Regional Gis Ventura, CA | $246,622 | $110,993 |
Quartzsite Roadrunner Gem & Mineral Club Inc Quartzsite, AZ | $211,686 | $0 |
California Federation Of Mineralogical Societies Inc Rialto, CA | $1,050,855 | $68,287 |
Fresno Gem & Mineral Society Fresno, CA | $559,103 | $91,975 |
Apache Junction Rock And Gem Club Inc Apache Junction, AZ | $0 | $0 |