Gaining Ground Corporation
- Assets
- $0.0
- Revenue
- $454.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Tulsa, OK
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-2302781
Organization Overview
Gaining Ground Corporation is located in Tulsa, OK. The organization was established in 2017. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 12/2021, Gaining Ground Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaining Ground Corporation 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, Gaining Ground Corporation generated $454.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 66.8% each year . All expenses for the organization totaled $320.8k during the year ending 12/2021. While expenses have increased by 37.1% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GAINING GROUNDS MISSION IS TO DEVELOP READERS, THINKERS AND LEADERS BY PROVIDING FAMILIES WITH ENGAGING LITERACY EXPERIENCES AND ACCESS TO HIGH-INTEREST, CULTURALLY RESPONSIVE BOOKS BY PROVIDING SUPPLIES AND SUPPORTS IN UNDERSERVED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL PROGRAM: WE PAIR STUDENTS AT OUR SIX PARTNER SCHOOLS WITH CERTIFIED TEACHERS TO PROVIDE WEEKLY AFTER-SCHOOL LITERACY TUTORING THROUGHOUT THE SEMESTER.
SUMMER LITERACY CAMP: WE HOSTED A SUMMER CAMP TO ENCOURAGE LITERACY AND READING WHICH SERVED 220 STUDENTS.
ALL OTHER PROGRAMMING; COORDINATORS, TUTORS, SUPPLIES AND OTHER ADMINISTRATIVE COSTS FOR PARTNERING WITH SCHOOL SITES TO PROVIDE SERVICES CORE TO OUR MISSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Shotts Executive Director | Officer | 45 | $39,660 |
Kirby Mackenzie Assistant Director | Officer | 15 | $12,000 |
Lynn Minden President | Officer | 5 | $0 |
Shagah Zakerion Treasurer | Officer | 2 | $0 |
Rita Long Member | Trustee | 1 | $0 |
Kerry Mcclain Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,349 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $446,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,203 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $454,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $230,430 |
| 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. | $51,660 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,077 |
| Office expenses | $2,260 |
| Information technology | $1,506 |
| Royalties | $0 |
| Occupancy | $4,334 |
| 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 | $2,567 |
| All other expenses | $4,802 |
| Total functional expenses | $320,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gaining Ground Corporation has recieved totaling $79,783.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $69,783 |
Sarkeys Foundation Norman, OK PURPOSE: BRIDGING THE LITERACY GAP BY PROVIDING ACCESS TO BOOKS AND LITERACY INSTRUCTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Turnk The Page Kc Inc Kansas City, MO | $555,932 | $3,146,244 |
Phillips Fundamental Learning Center Inc Wichita, KS | $2,489,354 | $2,705,751 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Ready Readers St Louis, MO | $1,581,585 | $1,585,720 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Success By 6 Coalition Of Douglas County Lawrence, KS | $182,877 | $1,222,977 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |