Gamma Psi Foundation Inc
- Assets
- $79.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fortson, GA
- Founding
- 04/1998
- Data as of
- 12/2017
- EIN
- 31-1584940
Organization Overview
Gamma Psi Foundation Inc is located in Fortson, GA. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gamma Psi 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 12/2017, Gamma Psi Foundation Inc generated $43.4k in total revenue. All expenses for the organization totaled $13.0k during the year ending 12/2017. While expenses have increased by 14.0% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARDED - PAYABLE TO THE UNIVERSITY AND RECIPIENT. SIXTEEN (16) STUDENTS BENEFITED FROM THESE SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Naman Chairman | 0 | $0 | |
Isaac Hadley Secretary | 0 | $0 | |
Vincent Naman Chair | 1 | $0 | |
Isaac Hadley Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,724 |
| Other Revenue | $0 |
| Total Revenue | $43,430 |
| 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 | $60 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $0 |
| Total expenses | $12,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,620 |
| Other assets | $0 |
| Total assets | $79,620 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,620 |