Gk Folks Foundation

990EZ • Fiscal year 2021 • EIN 46-5222358

Dec 01, 2021 to Dec 31, 2021 • Filed on Apr 11, 2023

Organization Profile www.gkfolksfoundation.org

7009 W 7895 SWest Jordan, UT 84081

(808) 237-0543

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$9,173

Down $40,787 (-82%) from 2020

Net Assets

Down

-$40,998

Down $45,858 (-944%) from 2020

Liabilities

$50,171

Up $5,071 (+11%) from 2020

Revenue And Expenses

Revenue

Down

$11,503

Down $65,898 (-85%) from 2020

Expenses

Down

$6,940

Down $66,537 (-91%) from 2020

Net Income

$4,563

Up $639 (+16%) from 2020

Historical Trend

Balance Sheet Trend

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

Highlighted filing

2021

Assets$9,173

Liabilities$50,171

Net Assets-$40,998

Open 2021 Filing

Operations Trend

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

Highlighted filing

2021

Revenue$11,503

Expenses$6,940

Net Income$4,563

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Dec 1, 2021 to Dec 31, 2021
Signed: Apr 11, 2023
Return Version: 2021v4.0
Gross Receipts: $11,503

Mission and Program Overview

Mission

GK Folks Foundation empowers African youth by providing them with invaluable tools and opportunities to successfully navigate cultural barriers. The Foundation empowers youth to triumph within the American culture and support their efforts to give back to Africa.

GK Folks Foundation empowers African youth by providing them with invaluable tools and opportunities to successfully navigate cultural barriers. The foundation empowers youth to triumph within the American culture and support their efforts to giveback to Africa.

Program Services

Description	Grants	Expenses
GK Folk Foundation empowers African youth by providing them with invaluable tools and opportunities to successfully navigate cultural barriers. The Foundation empowers youth to triumph within the American culture and support their efforts to give back to Africa.	$0	$0

Compensation and Service Providers

Employees

Name	Title	Full / Part Time	Base	Other	Total
Victor Kajo	Secretary	-	$0	-	-
Jef Fisher	Vice President	-	$0	-	-
Koffi Alain Sessi	Vice President	-	$0	-	-
Gloria Mensah	President & CEO	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Gk Folks Foundation
EIN: 46-5222358
Phone: 8082370543
Address: 7009 W 7895 S, West Jordan, UT 84081

Signing Officer

Name: Gloria Mensah
Title: President
Phone: 8082370543
Signed: 2023-04-11
Discuss with paid preparer: No

Preparer

Firm: NK Bookkeeping & Business Services
Address: 3651 Lindell Rd Ste D249, Las Vegas, NV 89103
Preparer: Njoki Karanja
Phone: 7027938914

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Advertising and Marketing;1866|Meals;156|Travel;1339|Conference and Network;1200|Dues and Subscriptions;85|Office Expense;121|Software;259|Professional Fees;73|Software Fees;43|Scholarship Payouts;1800|Bank fees;-302^Total;6640^”

Form 990-EZ, Part I, Line 20

“Description;Amount^Fund Balance;0^Total;0^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^AR;6300^Total;6300^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^SBA Loan;80100|Total Libility;48|RE;-29977^Total;50171^”

Raw XML Appendix176 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/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Jef Fisher
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Gloria Mensah
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	President & CEO
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	6300
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	6640
IRS990EZ/OtherRevenueTotalAmt	0	0
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IRS990EZ/ProgramServiceRevenueAmt	0	0
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IRS990EZ/SaleOfAssetsGrossAmt	0	0
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IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	UT
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	80248
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	50171
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
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IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	6940
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	11503
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	11503
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IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/InvestmentIncomePYPct	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1
IRS990ScheduleA/PublicSupportPY509Pct	0	1
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	11503
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	0
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description;Amount^Advertising and Marketing;1866\|Meals;156\|Travel;1339\|Conference and Network;1200\|Dues and Subscriptions;85\|Office Expense;121\|Software;259\|Professional Fees;73\|Software Fees;43\|Scholarship Payouts;1800\|Bank fees;-302^Total;6640^
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 20
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt	0	We are changing the accounting period from FY to CY
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ReturnHeader/BusinessOfficerGrp/PersonNm	0	Gloria Mensah
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
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ReturnHeader/Filer/USAddress/CityNm	0	West Jordan
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	UT
ReturnHeader/Filer/USAddress/ZIPCd	0	84081
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	850503216
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	NK Bookkeeping & Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	3651 Lindell Rd Ste D249
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Las Vegas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	89103
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7027938914
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2023-04-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Njoki Karanja
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2023-04-11T16:08:44-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2021-12-01
ReturnHeader/TaxPeriodEndDt	0	2021-12-31
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $9,173
Liabilities: $50,171
Net assets: -$40,998
Revenue: $11,503
Expenses: $6,940
Net income: $4,563

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.35	$0.86	$0.51	$1.31	$1.42	$0.11
2023Detailed filing. Detailed filing data is available for this year.	$0.50	$0.87	$0.37	$2.83	$2.58	$0.25
2022Detailed filing. Detailed filing data is available for this year.	$0.23	$0.84	$0.62	$2.05	$1.83	$0.22
2021Detailed filing. Detailed filing data is available for this year.	$0.35	$0.80	$0.46	$1.06	$1.68	$0.61
2021Detailed filing. Detailed filing data is available for this year.	$0.09	$0.50	$0.41	$0.12	$0.07	$0.05
2020Detailed filing. Detailed filing data is available for this year.	$0.50	$0.45	$0.05	$0.77	$0.73	$0.04