Civic Intelligence

Gas Monkey Foundation

990EZ • Fiscal year 2021 • EIN 46-4006575

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

2330 Merrell RdDallas, TX 75229

(972) 243-6659

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-14%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

37th percentile

-1.3%

Faster asset growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-89%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$467,220

Down $6,023 (-1.3%) from 2020

Net Assets

Down

$467,220

Down $6,023 (-1.3%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$43,757

Down $345,515 (-89%) from 2020

Expenses

Down

$49,780

Down $25,026 (-33%) from 2020

Net Income

Down

-$6,023

Down $320,489 (-102%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $78,663Liabilities 2014: $0Net Assets 2014: $78,6632014Assets 2015: $127,223Liabilities 2015: $0Net Assets 2015: $127,2232015Assets 2016: $92,795Liabilities 2016: $0Net Assets 2016: $92,7952016Assets 2017: $61,527Liabilities 2017: $0Net Assets 2017: $61,5272017Assets 2018: $76,260Liabilities 2018: $0Net Assets 2018: $76,2602018Assets 2019: $161,527Liabilities 2019: $2,750Net Assets 2019: $158,7772019Assets 2020: $473,243Liabilities 2020: $0Net Assets 2020: $473,2432020Assets 2021: $467,220Liabilities 2021: $0Net Assets 2021: $467,2202021Assets 2022: $525,238Liabilities 2022: $910Net Assets 2022: $524,3282022Assets 2023: $425,982Liabilities 2023: $0Net Assets 2023: $425,9822023Assets 2024: $423,526Liabilities 2024: $0Net Assets 2024: $423,5262024

Highlighted filing

2021

Assets$467,220
Liabilities$0
Net Assets$467,220

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $178,093Expenses 2014: $124,230Net Income 2014: $53,8632014Revenue 2015: $120,642Expenses 2015: $72,083Net Income 2015: $48,5592015Revenue 2016: $17,608Expenses 2016: $52,035Net Income 2016: -$34,4272016Revenue 2017: $12,299Expenses 2017: $43,567Net Income 2017: -$31,2682017Revenue 2018: $43,507Expenses 2018: $28,774Net Income 2018: $14,7332018Revenue 2019: $88,727Expenses 2019: $6,210Net Income 2019: $82,5172019Revenue 2020: $389,272Expenses 2020: $74,806Net Income 2020: $314,4662020Revenue 2021: $43,757Expenses 2021: $49,780Net Income 2021: -$6,0232021Revenue 2022: $102,398Expenses 2022: $45,290Net Income 2022: $57,1082022Revenue 2023: $135Expenses 2023: $98,481Net Income 2023: -$98,3462023Revenue 2024: $0Expenses 2024: $2,456Net Income 2024: -$2,4562024

Highlighted filing

2021

Revenue$43,757
Expenses$49,780
Net Income-$6,023
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$43,757
Mission and Program Overview

Mission

To reinvest in the community and its people. The more we can improve the quality of life for our community, veterans, children, and elderly, the more we will be investing in a better today, tomorrow and onward.

IMPROVE QUALITY OF LIFE

Program Services

DescriptionGrantsExpenses
GAS MONKEY FOUNDATION WILL BE USING THE FUNDS RAISED TO CONTRIBUTE TO ORGANIZATIONS THAT IMPROVE THE QUALITY OF LIFE FOR MENS HEALTH, CHILDREN, DISATER RELIEF, AND VETERANS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENNIS COLLINSDirector-$0--
RICHARD RAWLINGSDirector-$0--
DONALD YOUNT JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gas Monkey Foundation
EIN
46-4006575
Phone
9722436659
Address
2330 MERRELL RD, DALLAS, TX 75229

Signing Officer

Name
Richard Rawlings
Title
Director
Phone
9722436659
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Preston Dake Pc
Address
4245 N CENTRAL EXPY STE 520, DALLAS, TX 75205
Preparer
Jacob Preston
Phone
2144283090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: palo pinto county lifestock. Grantee address: po box 281 mineral wells, tx 76068. Amount given: 3,750.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: angel by nature. Grantee address: po box 6130 katy , tx 77491. Amount given: 10,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: forever family rescue foundation. Grantee address: 211 north ervay street, 5th floor dallas, tx 75201. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: gereboff and gelade. Grantee address: 207 waterman st # 2 providence, ri 02906. Property description: payment for luis vertenes rent. Amount given: 16,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: moslah shrine. Grantee address: po box 1320 fort worth, tx 76101. Amount given: 800.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: malachi brown. Grantee address: 1201 military avenue baxter springs, ks 66713. Amount given: 5,000. Total included on form 990-ez, line 10: 41,050.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 123. Description: office expense. Amount: 500. Total to form 990-ez, line 16: 623.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 0. End of year amount: 231,563.

Raw XML Appendix160 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0DAPHNE KAMINSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum09722807192
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02330 MERRELL RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075229
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0473243
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0235657
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt041050
IRS990EZ/GrossReceiptsAmt043757
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0473243
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0467220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENNIS COLLINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD RAWLINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DONALD YOUNT JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0231563
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0623
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVE QUALITY OF LIFE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GAS MONKEY FOUNDATION WILL BE USING THE FUNDS RAISED TO CONTRIBUTE TO ORGANIZATIONS THAT IMPROVE THE QUALITY OF LIFE FOR MENS HEALTH, CHILDREN, DISATER RELIEF, AND VETERANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt049780
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt043757
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GASMONKEYFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0389272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt043507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0577562
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0577562
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0389272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088727
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt043507
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012299
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0577562
IRS990ScheduleA/TotalSupportAmt0577562
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: PALO PINTO COUNTY LIFESTOCK. GRANTEE ADDRESS: PO BOX 281 MINERAL WELLS, TX 76068. AMOUNT GIVEN: 3,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: ANGEL BY NATURE. GRANTEE ADDRESS: PO BOX 6130 KATY , TX 77491. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: FOREVER FAMILY RESCUE FOUNDATION. GRANTEE ADDRESS: 211 NORTH ERVAY STREET, 5TH FLOOR DALLAS, TX 75201. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: . GRANTEE NAME: GEREBOFF AND GELADE. GRANTEE ADDRESS: 207 WATERMAN ST # 2 PROVIDENCE, RI 02906. PROPERTY DESCRIPTION: PAYMENT FOR LUIS VERTENES RENT. AMOUNT GIVEN: 16,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: . GRANTEE NAME: MOSLAH SHRINE. GRANTEE ADDRESS: PO BOX 1320 FORT WORTH, TX 76101. AMOUNT GIVEN: 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: . GRANTEE NAME: MALACHI BROWN. GRANTEE ADDRESS: 1201 MILITARY AVENUE BAXTER SPRINGS, KS 66713. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 41,050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: BANK FEES. AMOUNT: 123. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 500. TOTAL TO FORM 990-EZ, LINE 16: 623.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 231,563.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD RAWLINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09722436659
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GAS MONKEY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GASM
ReturnHeader/Filer/EIN0464006575
ReturnHeader/Filer/PhoneNum09722436659
ReturnHeader/Filer/USAddress/AddressLine1Txt02330 MERRELL RD
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075229
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272984155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRESTON DAKE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04245 N CENTRAL EXPY STE 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075205
ReturnHeader/PreparerPersonGrp/PhoneNum02144283090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACOB PRESTON
ReturnHeader/ReturnTs02022-11-15T12:46:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAWLINGS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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