Gk 1 World Foundation
- Assets
- $1.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- La Mirada, CA
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 35-2361640
Organization Overview
Gk 1 World Foundation is located in La Mirada, CA. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Gk 1 World Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gk 1 World 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 12/2021, Gk 1 World Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $941.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE HEROIC ACTION WHILE RISING TO THE CHALLENGE OF NATION-BUILDING - ONE PERSON, ONE FAMILY, ONE COMMUNITY AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANTI-HUNGER KUSINA NG KALINGA - NOURISHING YOUNG CHILDRENS DREAMS BY PROVIDING CARE MEALS FOR UNDERNOURISHED CHIDREN IN PUBLIC SCHOOLS, ON THE STREETS AND EVEN IN DISASTER AREAS. 2021 ACHIEVEMENTS:COMMUNITY CARE KITCHENS ESTABLISHED, HUNDREDS OF CHILDREN PROVIDED WITH NUTRITIOUS MEALS.
PRODUCTIVITY - STRENGTHENING COMMUNITIES FOR BETTER PRODUCTIVITY & SUSTAINABILITY BY PROVIDING PROPER RESOURCES AND TRAINING.2020 ACHIEVEMENTS:SPECIAL PROJECTS - DIGITAL SKILLS TRAINING AND DIGITAL EMPLOYMENT COLLABORATION PROJECT, COVID VACCINE ASSISTANCE, COMMUNITY PANTRY SUPPORT, BIRTHDAYS AND CHRISTMAS CHILDRENS CELEBRATIONS
DISASTER RESPONSE - RENDERING AID WHERE IT IS NEEDED MOST DURING TIMES OF NATURAL CALAMITY.2021 ACHIEVEMENT:COVID-19 RELIEF THRU FOOD PACKS, FIRE VICTIMS RELIEF ASSISTANCE, TYPHOON DAMAGE REPAIR OF ROOFS AND MINI DAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maricel Villanueva Boardexecutive Directorpres | OfficerTrustee | 40 | $0 |
Marilyn Bello Cfotreasurerboard Director | OfficerTrustee | 10 | $0 |
Dr Jose Raffinan Jr Chairman Of The Board | OfficerTrustee | 1 | $0 |
Francis DE Los Reyes III Board Director | OfficerTrustee | 1 | $0 |
Mercedes Amante Secretary | Officer | 40 | $0 |
Eleanor Figueroa National Staff - Finance | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,271,153 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280,820 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $146,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,431,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $804,968 |
| 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 | $53,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,046 |
| 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 | $51,717 |
| Advertising and promotion | $7,673 |
| Office expenses | $2,662 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,074 |
| 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 | $3,522 |
| All other expenses | $0 |
| Total functional expenses | $941,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,913 |
| Savings and temporary cash investments | $957,497 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171,900 |
| 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 | $400 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,045 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,138,755 |
| Accounts payable and accrued expenses | $7,051 |
| 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 | $7,051 |
| Net assets without donor restrictions | $18,783 |
| Net assets with donor restrictions | $1,112,921 |
| 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 | $1,138,755 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Gk 1 World Foundation has recieved totaling $64,040.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $24,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $20,720 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,718 |
Berger Family Foundation Inc New York, NY PURPOSE: FOR CHARITABLE PURPOSE OF ORGANIZATION | $5,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $4,000 |
First Bank Of Highland Park Foundation Highland Park, IL PURPOSE: GENERAL OPERATING SUPPORT | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |
Behring Global Educational Foundation Danville, CA | $225,486,118 | $12,863,733 |