Civic Intelligence

Gary Bracketts Impact Foundation Inc.

990EZ • Fiscal year 2017 • EIN 26-4788267

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 26, 2018

617 E North StreetIndianapolis, IN 46204

(317) 954-4096

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

84th percentile

31%

Higher net margin than 84% 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

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$129,008

Up $30,814 (+31%) from 2016

Net Assets

Up

$128,448

Up $30,254 (+31%) from 2016

Liabilities

$560

No earlier filing loaded for comparison.

Revenue

Up

$98,789

Up $22,242 (+29%) from 2016

Expenses

Up

$68,535

Up $46,199 (+207%) from 2016

Net Income

Down

$30,254

Down $23,957 (-44%) from 2016

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

2017

Assets$129,008
Liabilities$560
Net Assets$128,448

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

2017

Revenue$98,789
Expenses$68,535
Net Income$30,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 26, 2018
Return Version
2017v2.2
Gross Receipts
$136,371
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.-$58,314
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$124,156-$37,582-
Total Events$124,156-$37,582$-37,582
Filing and Contact Details

Filer

Filer Name
GARY BRACKETT'S IMPACT FOUNDATION
EIN
26-4788267
Phone
3179544096
Address
617 E NORTH STREET, INDIANAPOLIS, IN 46204

Signing Officer

Name
Gary Brackett
Title
Chairman
Phone
3179544096
Signed
2018-02-26
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 44 cell phone reimbursement 15 other travel expenses 82 board meeting expense 106 insurance 1,475 credit card fees 2,641 donor cultivation 297 gary's locker expenses 11,863 impact ready expenses 1,590 impact works expenses 10,000 tendher heart 5,980 field of dreams 8,721 holiday impact party 12,887 donor retention 50 other fundraising expense 30 total 55,781

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 2,120 total 0 2,120

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 560

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 Appendix152 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/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 44 CELL PHONE REIMBURSEMENT 15 OTHER TRAVEL EXPENSES 82 BOARD MEETING EXPENSE 106 INSURANCE 1,475 CREDIT CARD FEES 2,641 DONOR CULTIVATION 297 GARY'S LOCKER EXPENSES 11,863 IMPACT READY EXPENSES 1,590 IMPACT WORKS EXPENSES 10,000 TENDHER HEART 5,980 FIELD OF DREAMS 8,721 HOLIDAY IMPACT PARTY 12,887 DONOR RETENTION 50 OTHER FUNDRAISING EXPENSE 30 TOTAL 55,781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 2,120 TOTAL 0 2,120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 560
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03179544096
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARY BRACKETT'S IMPACT FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0GARY
ReturnHeader/Filer/EIN0264788267
ReturnHeader/Filer/PhoneNum03179544096
ReturnHeader/Filer/USAddress/AddressLine1Txt0617 E NORTH STREET
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/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:21:51
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/PreparationDt02018-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE L ZIMMERMAN
ReturnHeader/ReturnTs02018-05-14T16:21:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings