HOPE ACADEMY GSO INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HOPE ACADEMY GSO INC (EIN 01-0930709)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-08-27
IRS object ID
202002409349301470
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-27T16:33:52-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271181547PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DUNCAN ASHE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13 CENTERVIEW DRIVE SUITE 200AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27407ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010930709EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOPE ACADEMY GSO INCBusinessNameLine1Txt
Business Name Line2FORMERLY GLENWOOD FAMILY MINISTRIESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGLENBusinessNameControlTxt
Phone3369077115PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11403 WEST FLORIDA STREETAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27403ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHAD DAVISPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3367090884PhoneNum
Signature2020-08-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonW BARTH ASHEPreparerPersonNm
PTINP01361072PTIN
Phone3362856510PhoneNum
Preparation2020-08-27PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address174.99.151.14IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-27IPDt
IP Tm16:33:47IPTm
IP TimezoneEDIPTimezoneCd
Federal Original Submission Id69206320202320331e12FederalOriginalSubmissionId
Federal Original Submission Id2020-08-19FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdD21AD28D9D46C2229020374CF78977F8ED2FD994AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSH MULLINSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11403 W FLORIDA STREETAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27403ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$997,953GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHOPEGSO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTHROUGH THE HOPE AND POWER OF CHRIST AND THE INFLUENCE OF POSITIVE RELATIONSHIPS, WE PARTNER WITH PARENTS TO EDUCATE, ENCOURAGE AND EQUIP OUR STUDENTS IN ORDER TO TRANSFORM THEIR FUTURE.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers120TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$755,389PYContributionsGrantsAmt
CY Contributions Grants$853,328CYContributionsGrantsAmt
PY Program Service Revenue$97,726PYProgramServiceRevenueAmt
CY Program Service Revenue$119,607CYProgramServiceRevenueAmt
PY Investment Income-$68PYInvestmentIncomeAmt
CY Investment Income$18CYInvestmentIncomeAmt
PY Other Revenue$3,931PYOtherRevenueAmt
CY Other Revenue$25,000CYOtherRevenueAmt
PY Total Revenue$856,978PYTotalRevenueAmt
CY Total Revenue$997,953CYTotalRevenueAmt
PY Grants And Similar Paid$300PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$839CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$574,553PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$611,352CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$56,422CYTotalFundraisingExpenseAmt
PY Other Expenses$267,619PYOtherExpensesAmt
CY Other Expenses$248,911CYOtherExpensesAmt
PY Total Expenses$842,472PYTotalExpensesAmt
CY Total Expenses$861,102CYTotalExpensesAmt
PY Revenues Less Expenses$14,506PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$136,851CYRevenuesLessExpensesAmt
Total Assets BOY$2,668,607TotalAssetsBOYAmt
Total Assets EOY$2,948,259TotalAssetsEOYAmt
Total Liabilities BOY$6,759TotalLiabilitiesBOYAmt
Total Liabilities EOY$149,560TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,661,848NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,798,699NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHROUGH THE HOPE AND POWER OF CHRIST AND THE INFLUENCE OF POSITIVE RELATIONSHIPS, WE PARTNER WITH PARENTS TO EDUCATE, ENCOURAGE, AND EQUIP OUR STUDENTS IN ORDER TO TRANSFORM THEIR FUTURES. OUR PRIORITIES ARE EDUCATIONAL, SPIRITUAL, AND FAMILY GROWTH THROUGH OUR SCHOOL, HOPE ACADEMY, TUTORING PROGRAMS AND ENRICHMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$635,686ExpenseAmt
Grant$839GrantAmt
Revenue$144,607RevenueAmt
DescHOPE ACADEMY GSO, INC. WORKS WITH ECONOMICALLY DISADVANTAGED MIDDLE SCHOOL STUDENTS TO GET THEIR ACADEMIC ACHIEVEMENT UP TO GRADE LEVEL, HELP THEM SET GOALS FOR THEIR FUTURES, AND GET INTO A PUBLIC MAGNET HIGH SCHOOL OF THEIR CHOICE. NEARLY ALL OF OUR 60 STUDENTS SHOW TREMENDOUS ACADEMIC GROWTH DURING THEIR TIME AT HOPE ACADEMY AND GAIN ACCEPTANCE INTO AREA HIGH SCHOOLS WHICH OFFER FAST TRACKS TO CAREER AND COLLEGE PROGRAMS. OUR TUTORING PROGRAM SERVES 40 K-4 STUDENTS IN THE NEIGHBORHOOD BY HELPING THEM COMPLETE THEIR HOMEWORK AND BY OFFERING ADDITIONAL MATH AND READING EXERCISES. MANY OF THESE STUDENTS GO ON TO BECOME STUDENTS AT HOPE ACADEMY. OUR DANCE MINISTRY SERVES 60 K-12 STUDENTS. THEY LEARN A GREAT DEAL ABOUT WORKING AS A TEAM AS WELL AS ABOUT DIFFERENT GENRES OF DANCE. THEY HOLD TWO RECITALS EACH YEAR WHICH ARE VERY WELL ATTENDED BY PARENTS AND COMMUNITY MEMBERS. PLANS ARE UNDERWAY TO ADD 3RD AND 4TH GRADE STUDENTS IN THE COMING YEAR, WITH A 5 YEAR GOAL TO SERVICE K-8TH GRADE.Desc
Total Program Service Expenses$635,686TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee21EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOSH MULLINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3369077115PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 10616AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27404ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHAD DAVIS
TREASURER5.00Yes (X)Yes (X)$0$0$0
JOSH MULLINS
HEAD OF SCHOOL40.00Yes (X)$75,374$0$0
STEVE ANDREWS
MEMBER1.00Yes (X)$0$0$0
BRUCE BUNCE
CHAIR1.00Yes (X)$0$0$0
MAURICE MCNEAL
MEMBER1.00Yes (X)$0$0$0
DAVID HEGGIE
MEMBER1.00Yes (X)$0$0$0
BARRY UTESCH
MEMBER1.00Yes (X)$0$0$0
KATE BLACK
MEMBER1.00Yes (X)$0$0$0
EMILY WILBURN
MEMBER1.00Yes (X)$0$0$0
WILL DUNGEE
MEMBER1.00Yes (X)$0$0$0
JEANNE REPPERT
MEMBER1.00Yes (X)$0$0$0
RICH NEWMAN
MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$75,374TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$853,328AllOtherContributionsAmt
Noncash Contributions$7,600NoncashContributionsAmt
Total Contributions$853,328TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOLARSHIP FUNDS TUIT900099$100,800$100,800
TUITION900099$18,807$18,807
FieldValueIRS element (for citing)
Total Program Service Revenue$119,607TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$18TotalRevenueColumnAmt
Exclusion$18ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$25,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$25,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,000TotalRevenueColumnAmt
Related Or Exempt Func Income$25,000RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$997,953TotalRevenueColumnAmt
Related Or Exempt Func Income$144,607RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$18ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$839TotalAmt
Program Services$839ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$73,736TotalAmt
Program Services$73,736ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$482,946TotalAmt
Program Services$321,709ProgramServicesAmt
Management And General$117,150ManagementAndGeneralAmt
Fundraising$44,087FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,917TotalAmt
Program Services$10,917ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$43,753TotalAmt
Program Services$31,392ProgramServicesAmt
Management And General$8,965ManagementAndGeneralAmt
Fundraising$3,396FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$130TotalAmt
Program Services$130ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,185TotalAmt
Program Services$6,889ProgramServicesAmt
Management And General$2,296ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,084TotalAmt
Program Services$3,807ProgramServicesAmt
Management And General$277ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,939TotalAmt
Fundraising$8,939FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,339TotalAmt
Program Services$11,505ProgramServicesAmt
Management And General$3,834ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$213TotalAmt
Program Services$160ProgramServicesAmt
Management And General$53ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$60,904TotalAmt
Program Services$44,991ProgramServicesAmt
Management And General$15,913ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,237TotalAmt
Program Services$6,237ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$65,920TotalAmt
Program Services$49,440ProgramServicesAmt
Management And General$16,480ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,969TotalAmt
Program Services$9,711ProgramServicesAmt
Management And General$2,258ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CLASSROOM MATERIALS$22,611$22,611
FOOD & BEVERAGE$15,183$15,183
YOUTH ACTIVITY PROGRAMS$12,083$12,083
STAFF DEVELOPMENT$7,072$5,304$1,768

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,042TotalAmt
Program Services$9,042ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$861,102TotalAmt
Program Services$635,686ProgramServicesAmt
Management And General$168,994ManagementAndGeneralAmt
Fundraising$56,422FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$503,915BOYAmt
EOY$803,118EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$100,258BOYAmt
EOY$100,276EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$776BOYAmt
EOY$3,776EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,259BOYAmt
EOY$3,913EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,329,083LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$292,788LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,060,521BOYAmt
EOY$2,036,295EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$602BOYAmt
EOY$643EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$276BOYAmt
EOY$238EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,668,607BOYAmt
EOY$2,948,259EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,759BOYAmt
EOY$19,197EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$130,363EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,759BOYAmt
EOY$149,560EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,627,767BOYAmt
EOY$2,797,754EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$34,081BOYAmt
EOY$945EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,661,848BOYAmt
EOY$2,798,699EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,668,607BOYAmt
EOY$2,948,259EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$136,851ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$698,522CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$698,343CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$594,377CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$755,389CurrentTaxYearMinus1YearAmt
Current Tax Year$852,999CurrentTaxYearAmt
Total$3,599,630TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$698,522CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$698,343CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$594,377CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$755,389CurrentTaxYearMinus1YearAmt
Current Tax Year$852,999CurrentTaxYearAmt
Total$3,599,630TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,599,630PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$50CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$74CurrentTaxYearMinus1YearAmt
Current Tax Year$18CurrentTaxYearAmt
Total$187TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,141CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$39,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,060CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,515CurrentTaxYearMinus1YearAmt
Current Tax Year$125,800CurrentTaxYearAmt
Total$363,072TotalAmt
FieldValueIRS element (for citing)
Total Support$3,962,889TotalSupportAmt
Public Support CY1700.90830PublicSupportCY170Pct
Public Support PY1700.93150PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceOTHER INCOMEFormAndLineReferenceDesc
ExplanationA LOCAL CHURCH RENTS THE AUDITORIUM FOR WEEKEND SERVICES FOR A TOTAL RENT RECEIVED OF $25000. THE UNC SYSTEM PROVIDED $100,800 IN FUNDS FOR STUDENTS ATTENDING THE SCHOOL.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$33,500OtherCostOrOtherBasisAmt
Book Value$33,500BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,204,730OtherCostOrOtherBasisAmt
Depreciation$215,431DepreciationAmt
Book Value$1,989,299BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$88,878OtherCostOrOtherBasisAmt
Depreciation$76,896DepreciationAmt
Book Value$11,982BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,975OtherCostOrOtherBasisAmt
Depreciation$461DepreciationAmt
Book Value$1,514BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,036,295TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
PPP LOAN$108,300
PAYROLL LIABILITIES$22,063
FieldValueIRS element (for citing)
Total Liability$130,363TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWD BY THE TREASURER BEFORE MAILING THEN PROVIDED AND DISCUSSED WITH THE BOARD OF DIRECTORS
FORM 990, PART VI, SECTION B, LINE 12CTHE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF GLENWOOD FAMILY MINISTRIES
FORM 990, PART VI, SECTION B, LINE 15ASALARY IS DETERMINED BY BOARD OF DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICES OF GLENWOOD FAMILY MINISTRIES

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.