Gabriel Foundation
- Assets
- $190.3k
- Revenue
- $161.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Industry, CA
- Founding
- 02/1987
- Data as of
- 12/2023
- EIN
- 95-4021720
Organization Overview
Gabriel Foundation is located in Industry, CA. The organization was established in 1987. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gabriel 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 12/2023, Gabriel Foundation generated $161.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $152.3k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP UNDERPRIVILEGED AND DISADVANTAGED CHILDREN IN THE EAST SAN GABRIEL VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROVIDE FUNDING TO ORGANIZATIONS THAT PROVIDE SERVICES, PROGRAMS, ACTIVITIES AND RESOURCES TO OVER 6,000 CHILDREN THAT ARE UNDERPRIVILEGED OR DISADVANTAGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Mcpeak President | OfficerTrustee | 15 | $0 |
Patrick W Medlock Treasurer | OfficerTrustee | 10 | $0 |
Robert Pacheco Director | Trustee | 1 | $0 |
Tim Seal Vice President | OfficerTrustee | 15 | $0 |
Robert H Dipre Jr Secretary | OfficerTrustee | 3 | $0 |
Leona Harris Director | Trustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $900 |
| Fundraising events | $105,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,299 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $54,134 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,463 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $128,500 |
| 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. | $20,400 |
| Compensation of current officers, directors, key employees. | $5,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,680 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Total functional expenses | $152,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,702 |
| Savings and temporary cash investments | $62,910 |
| 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 | $1,646 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,027 |
| Total assets | $190,285 |
| 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 | $4,435 |
| Total liabilities | $4,435 |
| 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 | $185,850 |
| Total liabilities and net assets/fund balances | $190,285 |
Grants Awarded
Over the last fiscal year, Gabriel Foundation has awarded $121,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DELHAVEN COMMUNITY CENTER PURPOSE: ASSISTANCE WITH PROGRAMS | $50,000 |
FRIENDS OF THE HEART PURPOSE: ASSISTANCE WITH PROGRAMS | $7,000 |
SGV FOUNDATION FOR DENTAL PURPOSE: ASSISTANCE WITH PROGRAMS | $6,000 |
YMCA OF ORANGE COUNTY PURPOSE: SWIM & CAMP PROGRAMS | $6,000 |
NEW HORIZONS CAREGIVERS PURPOSE: ASSISTANCE WITH PROGRAMS | $7,500 |
YOUTH ACTIVITIES LEAGUE PURPOSE: ASSISTANCE WITH PROGRAMS | $45,000 |