Civic Intelligence

Gordon Christian Trust

EIN 38-2596725 • 501(c)3 • Grand Rapids, MI

Profile

Gordon christian trust is organized as a type i supporting organization to gull lake ministries. Contributions are made to organizations exempt under irc section 501(c)(3) and section 509(a)(1) which are closely related in purpose or function.

250 MONROE AVE NW Suite 800Grand Rapids, MI 49501

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

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

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

94th percentile

39%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

178%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$102,614,813

Up $28,934,170 (+39%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$102,614,813

Up $28,934,170 (+39%) from 2023

Revenue

Up

$53,798,282

Up $34,428,823 (+178%) from 2023

Expenses

Up

$24,864,112

Up $1,518,075 (+6.5%) from 2023

Net Income

Up

$28,934,170

Up $32,910,748 (+828%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $4,182,788Liabilities 2010: $0Net Assets 2010: $4,182,7882010Assets 2011: $4,692,449Liabilities 2011: $0Net Assets 2011: $4,692,4492011Assets 2012: $4,861,766Liabilities 2012: $0Net Assets 2012: $4,861,7662012Assets 2013: $2,469,753Liabilities 2013: $0Net Assets 2013: $2,469,7532013Assets 2014: $432,749Liabilities 2014: $0Net Assets 2014: $432,7492014Assets 2015: $595,219Liabilities 2015: $0Net Assets 2015: $595,2192015Assets 2016: $260,788Liabilities 2016: $0Net Assets 2016: $260,7882016Assets 2017: $338,307Liabilities 2017: $0Net Assets 2017: $338,3072017Assets 2018: $1,019,772Liabilities 2018: $0Net Assets 2018: $1,019,7722018Assets 2019: $51,536,823Liabilities 2019: $0Net Assets 2019: $51,536,8232019Assets 2020: $54,549,315Liabilities 2020: $0Net Assets 2020: $54,549,3152020Assets 2021: $67,207,482Liabilities 2021: $0Net Assets 2021: $67,207,4822021Assets 2022: $77,657,221Liabilities 2022: $0Net Assets 2022: $77,657,2212022Assets 2023: $73,680,643Liabilities 2023: $0Net Assets 2023: $73,680,6432023Assets 2024: $102,614,813Liabilities 2024: $0Net Assets 2024: $102,614,8132024

Highlighted filing

2024

Assets$102,614,813
Liabilities$0
Net Assets$102,614,813

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $1,062,8762010Revenue 2011: $2,265,195Expenses 2011: $1,755,534Net Income 2011: $509,6612011Expenses 2012: $4,538,3822012Revenue 2013: $4,807,619Expenses 2013: $7,207,509Net Income 2013: -$2,399,8902013Revenue 2014: $7,020,577Expenses 2014: $9,053,784Net Income 2014: -$2,033,2072014Revenue 2015: $13,514,363Expenses 2015: $13,351,981Net Income 2015: $162,3822015Revenue 2016: $8,015,625Expenses 2016: $8,350,158Net Income 2016: -$334,5332016Revenue 2017: $10,339,666Expenses 2017: $10,295,507Net Income 2017: $44,1592017Revenue 2018: $12,642,712Expenses 2018: $12,018,900Net Income 2018: $623,8122018Revenue 2019: $72,654,028Expenses 2019: $22,136,977Net Income 2019: $50,517,0512019Revenue 2020: $11,550,376Expenses 2020: $8,537,884Net Income 2020: $3,012,4922020Revenue 2021: $18,378,082Expenses 2021: $5,719,915Net Income 2021: $12,658,1672021Revenue 2022: $15,652,595Expenses 2022: $5,202,856Net Income 2022: $10,449,7392022Revenue 2023: $19,369,459Expenses 2023: $23,346,037Net Income 2023: -$3,976,5782023Revenue 2024: $53,798,282Expenses 2024: $24,864,112Net Income 2024: $28,934,1702024

Highlighted filing

2024

Revenue$53,798,282
Expenses$24,864,112
Net Income$28,934,170

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$103$0.00$103$53.8$24.9$28.9
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.7$0.00$73.7$19.4$23.3$3.98
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.7$0.00$77.7$15.7$5.20$10.4
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$67.2$0.00$67.2$18.4$5.72$12.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.5$0.00$54.5$11.6$8.54$3.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.5$0.00$51.5$72.7$22.1$50.5
2018Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$12.6$12.0$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$10.3$10.3$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$8.02$8.35$0.33
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.60$0.00$0.60$13.5$13.4$0.16
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$7.02$9.05$2.03
2013Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$4.81$7.21$2.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$0.00$4.86$4.54
2011Summary only. Only limited summary data is available for this year.$4.69$0.00$4.69$2.27$1.76$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.00$4.18$1.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.1
Gross Receipts
$85,047,833
Mission and Program Overview

Mission

Gordon christian trust is organized as a type i supporting organization to gull lake ministries. Contributions are made to organizations exempt under irc section 501(c)(3) and section 509(a)(1) which are closely related in purpose or function.

Type i supporting organization to gull lake ministries. Contributions made to organizations exempt under 501(c)(3) and 509(a)(1) at the discretion of gull lake ministries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$67,225,153$97,638,387▲ $30,413,234
Rtn Earn Endowment Incm Other Fnds$58,211,791$88,009,938▲ $29,798,147
Cap Stk Tr Prin Current Funds$15,468,852$14,604,875▼ $863,977
Savings and Temporary Cash Investments$5,969,741$4,143,158▼ $1,826,583
Accounts Receivable$485,749$833,268▲ $347,519
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$73,680,643$102,614,813▲ $28,934,170
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$73,680,643$102,614,813▲ $28,934,170
Total Liabilities and Net Assets / Fund Balance$73,680,643$102,614,813▲ $28,934,170

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$80,729,629--
Closely Held Equity Interests$719,224--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James DekryterTrustee
Neil NybergTrustee
James D GordonTRUSTEE/Top Mgmt Official
Joyce WilliamsTop Financial Official

Highest Paid Contractors

ContractorServicesLocationCompensation
Merrill LynchFinancial Services250 MONROE AVE NW SUITE 600, Grand Rapids, MI 49503$170,895
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000,000
Program Service Revenue
$0
Investment Income
$3,797,133
Other Revenue
$1,149
All Other Contributions
$50,000,000
Change in Net Assets
$28,934,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,685,000
Other Expenses$179,112
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,685,000--$24,685,000
Fees for Service Investment Mgmnt Fees-$171,105$0$171,105
Fees for Services Accounting-$4,906-$4,906
Other Expenses-$44-$44
Total Functional Expenses$24,685,000$179,112$0$24,864,112
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Christian FoundationAlpharetta, GA501(c)(3)General Support$20,725,000
Int Generosity Foundation-Fund #170010Clearwater, FL501(c)(3)General Support$3,960,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Gordon Christian Trust
EIN
38-2596725
In Care Of
% KEN KREGEL
Phone
6163639209
Address
250 MONROE AVE NW Suite 800, GRAND RAPIDS, MI 49501

Signing Officer

Name
Joyce Williams
Title
Chairman
Phone
6163639209
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Williams
Formed
1984
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Bdo USA
Address
200 OTTAWA AVE NW STE 300, GRAND RAPIDS, MI 49503
Preparer
Hannah Earl
Phone
6167747000
Supplemental Narrative

Additional Explanations

Trustee Relationships

Part vi, section a, line 2: joyce williams, top financial official, and james d. Gordon, trustee/top management official, are siblings.

Form 990 Review Process

Part vi, section b, line 11b: form 990 is prepared by an outside cpa firm and the completed form is sent to their resident agent for review prior to filing.

Availability of Documents

Part vi, section c, line 19: gordon christian trust keeps copies of their governing documents and financial statements in the custody of their resident agent: ken kregel of cornerstone advisors 55 campau ave nw suite 501 grand rapids, mi 49503. Documents are available upon request.

Raw XML AppendixShowing 400 of 479 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
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IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
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IRS990/ContractorCompensationGrp/CompensationAmt0170895
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IRS990/ContractorCompensationGrp/ServicesDesc0FINANCIAL SERVICES
IRS990/CostOfGoodsSoldAmt00
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IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt050000000
IRS990/CYGrantsAndSimilarPaidAmt024685000
IRS990/CYInvestmentIncomeAmt03797133
IRS990/CYOtherExpensesAmt0179112
IRS990/CYOtherRevenueAmt01149
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt028934170
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IRS990/CYTotalExpensesAmt024864112
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt053798282
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DelegationOfMgmtDutiesInd0false
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IRS990/Desc0CONTRIBUTIONS TO ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3) AND SECTION 509(A)(1) WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO GULL LAKE MINISTRIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
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IRS990/EscrowAccountLiabilityGrp/BOYAmt00
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IRS990/ExpenseAmt024685000
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04906
IRS990/FeesForServicesAccountingGrp/TotalAmt04906
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0171105
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0171105
IRS990/ForeignActivitiesInd0false
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IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES D GORDON
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IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES DEKRYTER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TOP FINANCIAL OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE/Top Mgmt Official
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
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IRS990/FundraisingDirectExpensesAmt00
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IRS990/MissionDesc0GORDON CHRISTIAN TRUST IS ORGANIZED AS A TYPE I SUPPORTING ORGANIZATION TO GULL LAKE MINISTRIES. CONTRIBUTIONS ARE MADE TO ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3) AND SECTION 509(A)(1) WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION.
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0U.S. TREASURY NOTES
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0National Christian Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Int Generosity Foundation-Fund #170010
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11901 Ulmerton Road Suite 400
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GORDON CHRISTIAN TRUST UTILIZES CORNERSTONE ADVISORS TO PROVIDE ADVICE PERTAINING TO POTENTIAL DONEES, GRANTS, AWARDS AND GIFTS, AND TO MONITOR ACCOUNTABILITY OF DONORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0GENERAL INFORMATION ON GRANTS AND ASSISTANCE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART VI, SECTION A, LINE 2: JOYCE WILLIAMS, TOP FINANCIAL OFFICIAL, AND JAMES D. GORDON, TRUSTEE/TOP MANAGEMENT OFFICIAL, ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PART VI, SECTION B, LINE 11B: FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND THE COMPLETED FORM IS SENT TO THEIR RESIDENT AGENT FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART VI, SECTION C, LINE 19: GORDON CHRISTIAN TRUST KEEPS COPIES OF THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS IN THE CUSTODY OF THEIR RESIDENT AGENT: KEN KREGEL OF CORNERSTONE ADVISORS 55 CAMPAU AVE NW SUITE 501 GRAND RAPIDS, MI 49503. DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0TRUSTEE RELATIONSHIPS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2AVAILABILITY OF DOCUMENTS
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