Direct Giving Lab is located in Northbrook, IL. The organization was established in 2017. 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. Direct Giving Lab 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 04/2024, Direct Giving Lab generated $58.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $33.3k during the year ending 04/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
TWO COHORTS OF FAMILIES 4 &5 WERE PROVIDED WITH $150 PER MONTH IN CASH SENT DIRECTLY TO THEIR BANK ACCOUNTS VIA ZELLE. THESE FUNDS HELP FAMILIES BELOW THE POVERTY LINE MEET EMERGENCY EXPENSES AND BRIDGE THE GAP THEY FACE EVERYDAY AS LOW INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jordan Bellmasterson President | 5 | $0 | |
Dolores Knapp Treasurer | 5 | $0 | |
Daniel Gold Corporate Secretary | 5 | $0 | |
Julie Williams Director Fund Raising | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $55,722 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,222 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $58,944 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $454 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,498 |
Total expenses | $33,286 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,300 |
Other assets | $0 |
Total assets | $116,300 |
Total liabilities | $0 |
Net assets or fund balances | $116,300 |