Civic Intelligence

Grayson'S Gift Foundation

990EZ • Fiscal year 2017 • EIN 26-2629169

Mar 01, 2016 to Feb 28, 2017 • Filed on Jun 23, 2017

17809 Twilight LaneEncino, CA 91316

(818) 591-7560

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

2nd percentile

-343%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-43%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$42,686

Down $38,035 (-47%) from 2016

Net Assets

Down

$42,686

Down $38,035 (-47%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$11,090

Down $8,500 (-43%) from 2016

Expenses

Up

$49,125

Up $46,728 (+1949%) from 2016

Net Income

Down

-$38,035

Down $55,228 (-321%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2015: $63,528Net Assets 2015: $63,5282015Assets 2016: $80,721Net Assets 2016: $80,7212016Assets 2017: $42,686Net Assets 2017: $42,6862017Assets 2018: $39,673Net Assets 2018: $39,6732018Assets 2019: $46,800Net Assets 2019: $46,8002019Assets 2020: $35,755Net Assets 2020: $35,7552020Assets 2023: $33,130Net Assets 2023: $33,1302023Assets 2024: $33,130Net Assets 2024: $32,3802024Assets 2025: $33,130Net Assets 2025: $33,1302025

Highlighted filing

2017

Assets$42,686
Liabilities-
Net Assets$42,686

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $111,794Expenses 2015: $61,820Net Income 2015: $49,9742015Revenue 2016: $19,590Expenses 2016: $2,397Net Income 2016: $17,1932016Revenue 2017: $11,090Expenses 2017: $49,125Net Income 2017: -$38,0352017Revenue 2018: $10,000Expenses 2018: $13,013Net Income 2018: -$3,0132018Revenue 2019: $10,478Expenses 2019: $3,350Net Income 2019: $7,1282019Revenue 2020: $10,205Expenses 2020: $21,250Net Income 2020: -$11,0452020Expenses 2023: $7502023Expenses 2024: $7502024

Highlighted filing

2017

Revenue$11,090
Expenses$49,125
Net Income-$38,035
Jump To
Filing Snapshot
Filing Period
Mar 1, 2016 to Feb 28, 2017
Signed
Jun 23, 2017
Return Version
2016v3.0
Gross Receipts
$11,090
Mission and Program Overview

Mission

Graysons gift foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. The specific purposes of this organization are to advance science, instruct the public on subjects useful to the individual and beneficial to the community, provide relief to the poor, distressed or underprivileged and support other organizations conducting activities exempt under section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.$48,365$48,365
GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.$350$350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLIFFORD KATABPresident-$0--
Filing and Contact Details

Filer

Filer Name
GRAYSON'S GIFT FOUNDATION
EIN
26-2629169
Address
17809 TWILIGHT LANE, ENCINO, CA 91316

Signing Officer

Name
Clifford Katab
Title
President
Phone
5623452281
Signed
2017-06-23
Discuss with paid preparer
Yes

Preparer

Firm
Marks & Associates Inc
Address
23801 CALABASAS RD STE 2026, CALABASAS, CA 91302-1664
Preparer
Neal Marks
Phone
8185917560
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Children's hospital of la 4650 sunset blvd los angeles, ca 90027 25,000 0 0 pediatric brian tumor foundation 302 ridgefield ct asheville, nc 28806 22,275 0 0

Form 990-ez, Part III

Graysons gift foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. The specific purposes of this organization are to advance science, instruct the public on subjects useful to the individual and beneficial to the community, provide relief to the poor, distressed or underprivileged and support other organizations conducting activities exempt under section 501(c)(3) of the internal revenue code.

Form 990-ez, Part III, Line 28

Graysons gift foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. The specific purposes of this organization are to advance science, instruct the public on subjects useful to the individual and beneficial to the community, provide relief to the poor, distressed or underprivileged and support other organizations conducting activities exempt under section 501(c)(3) of the internal revenue code.

Form 990-ez, Part III, Line 31

Graysons gift foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. The specific purposes of this organization are to advance science, instruct the public on subjects useful to the individual and beneficial to the community, provide relief to the poor, distressed or underprivileged and support other organizations conducting activities exempt under section 501(c)(3) of the internal revenue code.

Raw XML Appendix121 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRAYSON'S GIFT FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08185917560
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016035 VALLEY WOOD ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHERMAN OAKS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091403
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt080721
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042686
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt011090
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-38035
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0410
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt080721
IRS990EZ/Form990TotalAssetsGrp/EOYAmt042686
IRS990EZ/GrantsAndSimilarAmountsPaidAmt048715
IRS990EZ/GrossReceiptsAmt011090
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080721
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042686
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080721
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042686
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CLIFFORD KATAB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt048365
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1350
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048365
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1350
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt049125
IRS990EZ/TotalProgramServiceExpensesAmt048715
IRS990EZ/TotalRevenueAmt011090
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0111794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0142474
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0142474
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt019590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0111794
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0142474
IRS990ScheduleA/TotalSupportAmt0142474
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHILDREN'S HOSPITAL OF LA 4650 SUNSET BLVD LOS ANGELES, CA 90027 25,000 0 0 PEDIATRIC BRIAN TUMOR FOUNDATION 302 RIDGEFIELD CT ASHEVILLE, NC 28806 22,275 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRAYSONS GIFT FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSES OF THIS ORGANIZATION ARE TO ADVANCE SCIENCE, INSTRUCT THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, PROVIDE RELIEF TO THE POOR, DISTRESSED OR UNDERPRIVILEGED AND SUPPORT OTHER ORGANIZATIONS CONDUCTING ACTIVITIES EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLIFFORD KATAB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05623452281
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAYSON'S GIFT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0262629169
ReturnHeader/Filer/USAddress/AddressLine1Txt017809 TWILIGHT LANE
ReturnHeader/Filer/USAddress/CityNm0ENCINO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091316
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EE0B064251A09462C54EFAF32715A2B857BD0D11
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CDFFD5365DBDFB77E1A9CA26786B5FFDCC869E38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474855859
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARKS & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023801 CALABASAS RD STE 2026
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CALABASAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0913021664
ReturnHeader/PreparerPersonGrp/PhoneNum08185917560
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEAL MARKS
ReturnHeader/ReturnTs02017-07-07T17:04:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-03-01
ReturnHeader/TaxPeriodEndDt02017-02-28
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings