Civic Intelligence

Galvan Foundation Charitable Trust

990PF • Fiscal year 2021 • EIN 45-4110126

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

42 West 39th Street 14th FloorNew York, NY 10018

(212) 292-8400

Siviq Scores

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

Liabilities / Assets

96th percentile

0.06x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.03x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2021

Net Margin

85th percentile

77%

Higher net margin than 85% of similar nonprofits.

2021 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2021

Asset Growth

96th percentile

315%

Faster asset growth than 96% of similar nonprofits.

2021 filings • NTEE T20 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

80th percentile

174%

Faster revenue growth than 80% of similar nonprofits.

2021 filings • NTEE T20 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$367,815

Up $279,178 (+315%) from 2020

Net Assets

Up

$345,315

Up $549,228 (+269%) from 2020

Liabilities

Down

$22,500

Down $270,050 (-92%) from 2020

Revenue

Up

$713,689

Up $453,689 (+174%) from 2020

Expenses

Up

$164,461

Up $127,551 (+346%) from 2020

Net Income

Up

$549,228

Up $326,138 (+146%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $55,132Liabilities 2012: $0Net Assets 2012: $55,1322012Assets 2013: $102,106Liabilities 2013: $0Net Assets 2013: $102,1062013Assets 2014: $431Liabilities 2014: $33,1672014Assets 2015: $8,349Liabilities 2015: $313,167Net Assets 2015: -$304,8182015Assets 2016: $118,006Liabilities 2016: $563,168Net Assets 2016: -$445,1622016Assets 2017: $167,940Liabilities 2017: $1,072,333Net Assets 2017: -$904,3932017Assets 2018: $161Liabilities 2018: $817,137Net Assets 2018: -$816,9762018Assets 2019: $161,994Liabilities 2019: $588,998Net Assets 2019: -$427,0042019Assets 2020: $88,637Liabilities 2020: $292,550Net Assets 2020: -$203,9132020Assets 2021: $367,815Liabilities 2021: $22,500Net Assets 2021: $345,3152021Assets 2022: $131,833Liabilities 2022: $135,035Net Assets 2022: -$3,2022022Assets 2023: $417,088Liabilities 2023: $2,928,925Net Assets 2023: -$2,511,8372023Assets 2024: $20,676Liabilities 2024: $3,827,188Net Assets 2024: -$3,806,5122024

Highlighted filing

2021

Assets$367,815
Liabilities$22,500
Net Assets$345,315

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2012: $300,732Expenses 2012: $245,600Net Income 2012: $55,1322012Revenue 2013: $275,000Expenses 2013: $228,026Net Income 2013: $46,9742013Revenue 2014: $902,000Expenses 2014: $1,036,842Net Income 2014: -$134,8422014Revenue 2015: $520,400Expenses 2015: $492,482Net Income 2015: $27,9182015Revenue 2016: $587,168Expenses 2016: $727,512Net Income 2016: -$140,3442016Revenue 2017: $500,000Expenses 2017: $959,231Net Income 2017: -$459,2312017Revenue 2018: $345,000Expenses 2018: $257,583Net Income 2018: $87,4172018Revenue 2019: $597,500Expenses 2019: $207,528Net Income 2019: $389,9722019Revenue 2020: $260,000Expenses 2020: $36,910Net Income 2020: $223,0902020Revenue 2021: $713,689Expenses 2021: $164,461Net Income 2021: $549,2282021Revenue 2022: $2,835,007Expenses 2022: $3,183,524Net Income 2022: -$348,5172022Revenue 2023: $1,760,200Expenses 2023: $4,268,835Net Income 2023: -$2,508,6352023Revenue 2024: $1,063,929Expenses 2024: $2,358,604Net Income 2024: -$1,294,6752024

Highlighted filing

2021

Revenue$713,689
Expenses$164,461
Net Income$549,228
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC GALLOWAYPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Galvan Foundation Charitable Trust
EIN
45-4110126
Phone
2122928400
Address
42 WEST 39TH STREET 14TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Eric Galloway
Title
President
Phone
2122928400
Signed
2022-11-08

Preparer

Firm
Geltrude & Company LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110-1746
Preparer
Michael W Carlon
Phone
9736679100
Raw XML Appendix327 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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IRS990PF/MethodOfAccountingAccrualInd0X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0318
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt05514
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt0367258
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE ORGANIZATION'S ACTIVITIES WILL BE DEDICATED TO SUPPORTING CHARITABLE ORGANIZATIONS OPERATING IN THE VICINITY OF THE CITY OF HUDSON, NY AND WILL CONSIST SOLEY OF MAKING GRANTS TO OTHER CHARITABLE ORGANIZATIONS
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2ALBANY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4BROOKLYN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm7HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm8DOWNERS GROVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm9SEA CLIFF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm10HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm11NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm12NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm13HUDSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm14SEA CLIFF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd7NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd8IL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd9NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd10NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd11NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd12NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd13NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd14NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd012534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd112534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd212204
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd312534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd411206
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd512534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd612534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd712534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd860515
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd911579
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1012534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1110002
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1210031
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1312534
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1411579
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0151000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt018103
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt018103
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt027617
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0188007
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0173898
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0933017
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt01455436
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0132897
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt027617
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0188007
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0173898
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0933017
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0151000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0132897
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt01455436
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt01322539
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0VAN AMERIGEN FOUNDATION
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0509 MADISON AVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0NEW YORK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd010022
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0710000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt088558
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0DUE FROM RELATED PARTIES
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0367258
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0367258
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2LICENSES & PERMITS
OtherIncomeSchedule2/OtherIncomeDetail/Desc0BANK CHARGES
OtherIncomeSchedule2/OtherIncomeDetail/Desc1LICENSES & PERMITS
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0289
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt13400
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC GALLOWAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02122928400
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GALVAN FOUNDATION CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GALV
ReturnHeader/Filer/EIN0454110126
ReturnHeader/Filer/PhoneNum02122928400
ReturnHeader/Filer/USAddress/AddressLine1Txt042 WEST 39TH STREET 14TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223363665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELTRUDE & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 FRANKLIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NUTLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0071101746
ReturnHeader/PreparerPersonGrp/PhoneNum09736679100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W CARLON
ReturnHeader/ReturnTs02022-11-11T09:44:35-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GALLOWAY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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