Gsba Foundation
- Assets
- $5.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1148254
Organization Overview
Gsba Foundation is located in Seattle, WA. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gsba 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 12/2023, Gsba Foundation generated $108.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $108.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 2 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE ECONOMIC EQUALITY AND ELIMINATE PRJUDICE AND DISCRIMINATION AGAINST THE LGBTQ AND OTHER HISTORICALLY UNDERREPRESENTED COMMUNITIES THROUGH EDUCATION, TRAINING AND SUPPORT
Describe the Organization's Program Activity:
Part 3
ACT AS FISCAL AGENT FOR GSBA TO TAKE IN READY FOR BUSINESS SMALL BUSINESS RECOVERY GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilona Lohrey President And CEO | 1 | $0 | |
Rachel Chernin VP Of Ops And Director Of Finance | 1 | $0 | |
Eve Hwang Chair | 2 | $0 | |
Roby Schapira Vice Chair | 2 | $0 | |
Susan Feller Secretary | 1 | $0 | |
Jordie Neth Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,431 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,431 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73 |
| Total expenses | $108,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,468 |
| Other assets | $0 |
| Total assets | $5,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,468 |