Civic Intelligence

Gary Bracketts Impact Foundation Inc.

990EZ • Fiscal year 2020 • EIN 26-4788267

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 24, 2021

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

83rd percentile

0.28x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.54x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-124%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

14th percentile

-30%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-58%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$40,803

Down $17,895 (-30%) from 2019

Net Assets

Down

$29,403

Down $26,095 (-47%) from 2019

Liabilities

Up

$11,400

Up $8,200 (+256%) from 2019

Revenue

Down

$20,960

Down $28,635 (-58%) from 2019

Expenses

Down

$47,055

Down $34,669 (-42%) from 2019

Net Income

Up

-$26,095

Up $6,034 (+19%) from 2019

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

2020

Assets$40,803
Liabilities$11,400
Net Assets$29,403

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

2020

Revenue$20,960
Expenses$47,055
Net Income-$26,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 24, 2021
Return Version
2020v4.0
Gross Receipts
$20,960
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.-$45,120
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$15,350---
Total Events$15,350---
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
2021-03-24
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 120 credit card fees 906 field of dreams 4,500 impact ready expenses 1,000 tendher heart 3,000 payroll expense 329 total 9,855

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 3,643 11,773 total 3,643 11,773

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,200 900 deferred income 0 10,500

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 Appendix158 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0GARY BRACKETT
CompensationExplanation/CompensationExplanationGrp/PersonNm1ANDREW J MIROFF
CompensationExplanation/CompensationExplanationGrp/PersonNm2RAGAN BRACKETT
CompensationExplanation/CompensationExplanationGrp/PersonNm3TAVONNA ASKEW
CompensationExplanation/CompensationExplanationGrp/PersonNm4ROSCOE BROWN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KATHLEEN SPEARS
IRS990EZ/BooksInCareOfDetail/PhoneNum03179544096
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0133 W MARKET STREET NO 264
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046204
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055055
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029030
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020960
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26095
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0700
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt058698
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040803
IRS990EZ/GrossReceiptsAmt020960
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055498
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029403
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055498
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029403
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY BRACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW J MIROFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAGAN BRACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TAVONNA ASKEW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROSCOE BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03643
IRS990EZ/OtherAssetsTotalDetail/EOYAmt011773
IRS990EZ/OtherExpensesTotalAmt09855
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt045120
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt036500
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt047055
IRS990EZ/TotalProgramServiceExpensesAmt045120
IRS990EZ/TotalRevenueAmt020960
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GARYBRACKETT.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt081849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136371
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0105550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0404776
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0404776
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt081849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0136371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0105550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0404776
IRS990ScheduleA/TotalSupportAmt0404776
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015350
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015350
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0IMPACTFUL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 120 CREDIT CARD FEES 906 FIELD OF DREAMS 4,500 IMPACT READY EXPENSES 1,000 TENDHER HEART 3,000 PAYROLL EXPENSE 329 TOTAL 9,855
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 3,643 11,773 TOTAL 3,643 11,773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,200 900 DEFERRED INCOME 0 10,500
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03179544096
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-24
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
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/PreparationDt02021-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE L ZIMMERMAN
ReturnHeader/ReturnTs02021-05-12T10:02:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRACKETT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings