Zips Gift Inc
- Assets
- $7.0m
- Revenue
- $246.2k
- Investments
- $250.8k
- Employees
- 0
- Location
- Ludlow, PA
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5824829
Organization Overview
Zips Gift Inc is located in Ludlow, PA. The organization was established in 2007. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Zips Gift 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 12/2022, Zips Gift Inc generated $246.2k in total revenue. All expenses for the organization totaled $58.1k during the year ending 12/2022.
Since 2015, Zips Gift Inc has awarded 50 individual grants totaling $157,811. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR FOOTED FRIENDS
AMERICAN LEGION
CONQUER THE COLONY
NITTANY BEAGLE RESCUE
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 |
|---|---|---|---|
Claudia Bonacci President | 0 | $0 | |
James Haugh Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $808 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $143,937 |
| Capital Gain Net Income | $143,937 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,429 |
| Total Revenue | $246,174 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,208 |
| Total operating and administrative expenses | $43,418 |
| Contributions, gifts, grants paid | $14,730 |
| Total expenses and disbursements | $58,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,278,809 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $878,258 |
| Investments—mortgage loans | $0 |
| Investments—other | $250,808 |
| Net Land, buildings, and equipment | $4,559,802 |
| Other assets | $0 |
| Total assets | $6,967,677 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Zips Gift Inc has awarded $14,730 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CONQUER THE COLONY PURPOSE: ANIMAL RESCUE | $3,000 |
CHERRY GROVE VFD PURPOSE: FIRE DEPT SERVICES | $100 |
HOMES FOR OUR TROOPS PURPOSE: VETERAN ASSISTANCE | $1,000 |
MCKEAN CO HUMANE SOCIETY PURPOSE: ANIMAL RESCUE | $1,000 |
FOUR FOOTED FRIENDS PURPOSE: ANIMAL ADOPTION SERVICES | $2,000 |
NITTANY BEAGLE RESCUE PURPOSE: ANIMAL RESCUE | $2,000 |