Gilroy Garlic Festival Association Inc
- Assets
- $698.4k
- Revenue
- $139.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Gilroy, CA
- Founding
- 04/2014
- Data as of
- 10/2023
- EIN
- 94-2605448
Organization Overview
Gilroy Garlic Festival Association Inc is located in Gilroy, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilroy Garlic Festival Association 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 10/2023, Gilroy Garlic Festival Association Inc generated $139.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $254.1k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gilroy Garlic Festival Association Inc has awarded 58 individual grants totaling $1,098,979. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GILROY GARLIC FESTIVAL IS ESTABLISHED TO PROVIDE BENEFITS TO LOCAL WORTHY CHARITIES AND NON-PROFIT GROUPS BY PROMOTING THE COMMUNITY OF GILROY THROUGH A QUALITY CELEBRATION OF GARLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GILROY GARLIC FESTIVAL OPERATION AND RELATED ACTIVITIES AND EVENTS-SCHEDULE ATTACHED
PROGRAM RELATED GRANTS, SCHOLARSHIPS & DONATIONS - SEE DETAIL ATTACHED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevor Van Laar President | OfficerTrustee | 5 | $0 |
Cindy Fellows Vice President | OfficerTrustee | 3 | $0 |
Kelly Ramirez Treasurer | OfficerTrustee | 3 | $0 |
Kristen Carr Spg Rep | Trustee | 1 | $0 |
Tony Loaiza Board Member | Trustee | 1 | $0 |
Paul Nadeau VP Elect | 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 | $3,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,510 |
| Total Program Service Revenue | $133,332 |
| Investment income | $15,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,923 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,291 |
| 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 | $0 |
| Fees for services: Legal | $4,685 |
| Fees for services: Accounting | $9,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,663 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $226 |
| 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 | $38,025 |
| All other expenses | $45,328 |
| Total functional expenses | $254,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,661 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,322 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,812 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,095 |
| Investments—publicly traded securities | $569,512 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $698,402 |
| Accounts payable and accrued expenses | $54,656 |
| Grants payable | $2,005 |
| 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 | $56,661 |
| Net assets without donor restrictions | $641,741 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $698,402 |
Grants Awarded
Over the last fiscal year, Gilroy Garlic Festival Association Inc has awarded $246,110 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTOPHER HIGH | | | $35,887 |
GAVILAN COLLEGE | | | $7,465 |
GILROY GATORS SWIM TEAM | | | $5,656 |
GILROY HIGH SCHOOL | | | $45,182 |
GILROY POLICE EXPLORERS POST 818 | | | $8,507 |
LIVE OAK EMERALD REGIME | | | $7,183 |