Gilstad Literacy Foundation Inc is located in Arcadia, FL. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilstad Literacy 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.
For the year ending 09/2023, Gilstad Literacy Foundation Inc generated $90.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $96.3k during the year ending 09/2023. 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 Program Activity:
Part 3
THE ORGANIZATION SUPPORTS CHILDREN'S LITERACY PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis J Gilstad Chairman | 20 | $0 | |
Timothy Shawn Gilstad Pres, Vc, Tr | 20 | $0 | |
Christine Zimmer PHD Executive Di | 20 | $18,815 | |
Sherrie Moody Director | 5 | $0 | |
Robert Bedfort Director | 5 | $0 | |
Frank Desguin Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,445 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,455 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,794 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,744 |
| Total expenses | $96,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,130 |
| Other assets | $0 |
| Total assets | $17,130 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,130 |