Gibbs Christian Education Foundation Inc
- Assets
- $2.7m
- Revenue
- $139.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Owasso, OK
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-4271434
Organization Overview
Gibbs Christian Education Foundation Inc is located in Owasso, OK. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Gibbs Christian Education 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.
Since 2018, Gibbs Christian Education Foundation Inc has awarded 23 individual grants totaling $2,574,553. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $99,975 |
| Dividends & Interest | $39,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $139,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $77,251 |
| Pension plans, employee benefits | $4,244 |
| Interest | $0 |
| Taxes | $15,819 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,891 |
| Total operating and administrative expenses | $270,393 |
| Contributions, gifts, grants paid | $2,601,263 |
| Total expenses and disbursements | $2,871,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,646 |
| Savings and temporary cash investments | $2,551,751 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,688,397 |
| 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 | $121 |
| Total liabilities | $121 |
Grants Awarded
Over the last fiscal year, Gibbs Christian Education Foundation Inc has awarded $1,322,319 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSOVER PREP ACADEMY PURPOSE: GENERAL FUNDRAISER | $500,000 |
AUSTINE CHRISTINE ACADEMY PURPOSE: SCHOLARSHIPS | $75,000 |
LAWTON CHRISTIAN SCHOOL PURPOSE: SCHOLARSHIPS | $25,000 |
HOLY FAMILY CATHEDRAL SCHOOL PURPOSE: SCHOLARSHIPS | $21,096 |
REGENT PREPARATORY SCHOOL PURPOSE: SCHOLARSHIPS | $72,550 |
ST PIUS SCHOOL PURPOSE: SCHOLARSHIPS | $25,000 |