Civic Intelligence

Gary Bracketts Impact Foundation Inc.

990EZ • Fiscal year 2018 • EIN 26-4788267

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

133 W Market Street No 264Indianapolis, IN 46204

(317) 954-4096

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

3rd percentile

-155%

Higher net margin than 3% 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

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

5th percentile

-73%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$87,877

Down $41,131 (-32%) from 2017

Net Assets

Down

$87,627

Down $40,821 (-32%) from 2017

Liabilities

Down

$250

Down $310 (-55%) from 2017

Revenue

Down

$26,281

Down $72,508 (-73%) from 2017

Expenses

Down

$67,102

Down $1,433 (-2.1%) from 2017

Net Income

Down

-$40,821

Down $71,075 (-235%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $45,406Liabilities 2010: $0Net Assets 2010: $45,4062010Assets 2011: $67,694Liabilities 2011: $0Net Assets 2011: $67,6942011Assets 2012: $78,747Liabilities 2012: $0Net Assets 2012: $78,7472012Assets 2013: $51,916Liabilities 2013: $150Net Assets 2013: $51,7662013Assets 2014: $52,889Net Assets 2014: $52,8892014Assets 2016: $98,194Net Assets 2016: $98,1942016Assets 2017: $129,008Liabilities 2017: $560Net Assets 2017: $128,4482017Assets 2018: $87,877Liabilities 2018: $250Net Assets 2018: $87,6272018Assets 2019: $58,698Liabilities 2019: $3,200Net Assets 2019: $55,4982019Assets 2020: $40,803Liabilities 2020: $11,400Net Assets 2020: $29,4032020Assets 2021: $33,277Liabilities 2021: $3,100Net Assets 2021: $30,1772021Assets 2022: $9,596Liabilities 2022: $1,000Net Assets 2022: $8,5962022

Highlighted filing

2018

Assets$87,877
Liabilities$250
Net Assets$87,627

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $238,5702010Expenses 2011: $195,1662011Expenses 2012: $87,7702012Revenue 2013: $23,076Expenses 2013: $50,051Net Income 2013: -$26,9752013Revenue 2014: $11,393Expenses 2014: $10,270Net Income 2014: $1,1232014Revenue 2016: $76,547Expenses 2016: $22,336Net Income 2016: $54,2112016Revenue 2017: $98,789Expenses 2017: $68,535Net Income 2017: $30,2542017Revenue 2018: $26,281Expenses 2018: $67,102Net Income 2018: -$40,8212018Revenue 2019: $49,595Expenses 2019: $81,724Net Income 2019: -$32,1292019Revenue 2020: $20,960Expenses 2020: $47,055Net Income 2020: -$26,0952020Revenue 2021: $39,280Expenses 2021: $38,506Net Income 2021: $7742021Revenue 2022: $300Expenses 2022: $21,881Net Income 2022: -$21,5812022

Highlighted filing

2018

Revenue$26,281
Expenses$67,102
Net Income-$40,821
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$60,048
Mission and Program Overview

Mission

To promote health, to advance education, and to relieve the poor, distressed and underprivileged by providing resources and opportunities to children, including children who are mentally challenged, physically challenged, socially disadvantaged, or economically disadvantaged.

Program Services

DescriptionGrantsExpenses
THE SIGNATURE PROGRAMS LIKE GARY'S LOCKER, FIELD OF DREAMS AND THE MOTHERS CHAMPAGNE BRUNCH PROVIDE THESE FAMILIES A BREAK FROM THE EVERYDAY STRESS OF DEALING WITH THIS DEADLY DISEASE. GARY'S LOCKER OFFERS PATIENTS AND THEIR FAMILIES ACCESS TO NOTEBOOK COMPUTERS, DIGITAL CAMERAS, DVDS, BOOKS AND GAMES TO PASS THE TIME DURING TREATMENT AND RECOVERY.-$58,054
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY BRACKETTChairmanPT$0--
ANDREW J MIROFFSecretary/Tr-$0--
RAGAN BRACKETTDirector-$0--
TAVONNA ASKEWDirector-$0--
ROSCOE BROWNDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Impactful Gala$46,770-$33,767-
Total Events$46,770-$33,767$-33,767
Filing and Contact Details

Filer

Filer Name
GARY BRACKETT'S IMPACT FOUNDATION
EIN
26-4788267
Phone
3179544096
Address
133 W MARKET STREET NO 264, INDIANAPOLIS, IN 46204

Signing Officer

Name
Gary Brackett
Title
Chairman
Phone
3179544096
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
L M Henderson & Company Llp
Address
450 E 96TH ST STE 200, INDIANAPOLIS, IN 46240
Preparer
Michelle L Zimmerman
Phone
3175661000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 366 parking 3 air & ground transportation 448 insurance 1,475 bank service charges 132 credit card fees 820 donor cultivation 320 field of dreams 14,675 gary's locker expenses 1,514 holiday impact party 10,015 impact ready expenses 1,000 impact works expenses 10,000 other fundraising expense 3,000 tendher heart 3,578 misc program materials 31 total 47,377

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 2,120 1,750 total 2,120 1,750

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 560 250

Form 990-ez, Part III

To promote health, to advance education, and to relieve the poor, distressed and underprivileged by providing resources and opportunities to children, including children who are mentally challenged, physically challenged, socially disadvantaged, or economically disadvantaged.

Form 990-ez, Part III, Line 28

The signature programs like gary's locker, field of dreams and the mothers champagne brunch provide these families a break from the everyday stress of dealing with this deadly disease. Gary's locker offers patients and their families access to notebook computers, digital cameras, dvds, books and games to pass the time during treatment and recovery.

Raw XML Appendix154 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAGAN BRACKETT
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE HEALTH, TO ADVANCE EDUCATION, AND TO RELIEVE THE POOR, DISTRESSED AND UNDERPRIVILEGED BY PROVIDING RESOURCES AND OPPORTUNITIES TO CHILDREN, INCLUDING CHILDREN WHO ARE MENTALLY CHALLENGED, PHYSICALLY CHALLENGED, SOCIALLY DISADVANTAGED, OR ECONOMICALLY DISADVANTAGED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SIGNATURE PROGRAMS LIKE GARY'S LOCKER, FIELD OF DREAMS AND THE MOTHERS CHAMPAGNE BRUNCH PROVIDE THESE FAMILIES A BREAK FROM THE EVERYDAY STRESS OF DEALING WITH THIS DEADLY DISEASE. GARY'S LOCKER OFFERS PATIENTS AND THEIR FAMILIES ACCESS TO NOTEBOOK COMPUTERS, DIGITAL CAMERAS, DVDS, BOOKS AND GAMES TO PASS THE TIME DURING TREATMENT AND RECOVERY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 366 PARKING 3 AIR & GROUND TRANSPORTATION 448 INSURANCE 1,475 BANK SERVICE CHARGES 132 CREDIT CARD FEES 820 DONOR CULTIVATION 320 FIELD OF DREAMS 14,675 GARY'S LOCKER EXPENSES 1,514 HOLIDAY IMPACT PARTY 10,015 IMPACT READY EXPENSES 1,000 IMPACT WORKS EXPENSES 10,000 OTHER FUNDRAISING EXPENSE 3,000 TENDHER HEART 3,578 MISC PROGRAM MATERIALS 31 TOTAL 47,377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 2,120 1,750 TOTAL 2,120 1,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 560 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE HEALTH, TO ADVANCE EDUCATION, AND TO RELIEVE THE POOR, DISTRESSED AND UNDERPRIVILEGED BY PROVIDING RESOURCES AND OPPORTUNITIES TO CHILDREN, INCLUDING CHILDREN WHO ARE MENTALLY CHALLENGED, PHYSICALLY CHALLENGED, SOCIALLY DISADVANTAGED, OR ECONOMICALLY DISADVANTAGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SIGNATURE PROGRAMS LIKE GARY'S LOCKER, FIELD OF DREAMS AND THE MOTHERS CHAMPAGNE BRUNCH PROVIDE THESE FAMILIES A BREAK FROM THE EVERYDAY STRESS OF DEALING WITH THIS DEADLY DISEASE. GARY'S LOCKER OFFERS PATIENTS AND THEIR FAMILIES ACCESS TO NOTEBOOK COMPUTERS, DIGITAL CAMERAS, DVDS, BOOKS AND GAMES TO PASS THE TIME DURING TREATMENT AND RECOVERY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03179544096
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARY BRACKETT'S IMPACT FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0GARY
ReturnHeader/Filer/EIN0264788267
ReturnHeader/Filer/PhoneNum03179544096
ReturnHeader/Filer/USAddress/AddressLine1Txt0133 W MARKET STREET NO 264
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046204
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.90.24.185
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTm013:19:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205520612
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0L M HENDERSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0450 E 96TH ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03175661000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE L ZIMMERMAN
ReturnHeader/ReturnTs02019-05-15T12:20:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings