Civic Intelligence

Grayson'S Gift Foundation

990EZ • Fiscal year 2018 • EIN 26-2629169

Mar 01, 2017 to Feb 28, 2018 • Filed on Jul 16, 2018

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

33rd percentile

-7.1%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-9.8%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$39,673

Down $3,013 (-7.1%) from 2017

Net Assets

Down

$39,673

Down $3,013 (-7.1%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$10,000

Down $1,090 (-9.8%) from 2017

Expenses

Down

$13,013

Down $36,112 (-74%) from 2017

Net Income

Up

-$3,013

Up $35,022 (+92%) from 2017

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

2018

Assets$39,673
Liabilities-
Net Assets$39,673

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

2018

Revenue$10,000
Expenses$13,013
Net Income-$3,013
Jump To
Filing Snapshot
Filing Period
Mar 1, 2017 to Feb 28, 2018
Signed
Jul 16, 2018
Return Version
2017v2.3
Gross Receipts
$10,000
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.$10,650$10,650
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.$1,000$1,000
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
2018-07-16
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

Name: children's hospital of la address: 4650 sunset blvd los angeles, ca 90027 cash contribution: 10,000

Form 990-ez, Part I, Line 16

Expenses office supplies 109 meals & meetings 379 total 488

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 Appendix123 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: CHILDREN'S HOSPITAL OF LA ADDRESS: 4650 SUNSET BLVD LOS ANGELES, CA 90027 CASH CONTRIBUTION: 10,000
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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.
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ReturnHeader/TaxPeriodBeginDt02017-03-01
ReturnHeader/TaxPeriodEndDt02018-02-28
ReturnHeader/TaxYr02017

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Filings