Civic Intelligence

Gcsen Foundation

EIN 47-4484212 • 501(c)3 • Kingston, NY

Profile

To enable people to create meaningful change in their lives and their careers. We do this by inspiring, teaching and supporting social venture founders and their teams. We help them to discover and leverage their passion and purpose, resulting in enduring impact that moves the world to a better place.

291 Wall Street 4th FloorKingston, NY 12401

www.gcsen.com

Siviq Scores

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

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-5.4%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

0.1%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

38th percentile

-12%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$430,767

Down $16,444 (-3.7%) from 2023

Liabilities

Up

$49,285

Up $198 (+0.4%) from 2023

Net Assets

Down

$381,482

Down $16,642 (-4.2%) from 2023

Revenue

Down

$309,912

Down $358,472 (-54%) from 2023

Expenses

Down

$326,554

Down $324,343 (-50%) from 2023

Net Income

Down

-$16,642

Down $34,129 (-195%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $529,461Liabilities 2015: $7,027Net Assets 2015: $522,4342015Assets 2016: $563,278Liabilities 2016: $31,471Net Assets 2016: $531,8072016Assets 2017: $590,632Liabilities 2017: $31,865Net Assets 2017: $558,7672017Assets 2018: $770,452Liabilities 2018: $24,068Net Assets 2018: $746,3842018Assets 2019: $822,105Liabilities 2019: $37,345Net Assets 2019: $784,7602019Assets 2020: $435,177Liabilities 2020: $12,866Net Assets 2020: $422,3112020Assets 2021: $814,789Liabilities 2021: $34,877Net Assets 2021: $779,9122021Assets 2022: $429,855Liabilities 2022: $49,218Net Assets 2022: $380,6372022Assets 2023: $447,211Liabilities 2023: $49,087Net Assets 2023: $398,1242023Assets 2024: $430,767Liabilities 2024: $49,285Net Assets 2024: $381,4822024

Highlighted filing

2024

Assets$430,767
Liabilities$49,285
Net Assets$381,482

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $600,000Expenses 2015: $77,566Net Income 2015: $522,4342015Revenue 2016: $718,674Expenses 2016: $709,301Net Income 2016: $9,3732016Revenue 2017: $761,359Expenses 2017: $734,399Net Income 2017: $26,9602017Revenue 2018: $757,322Expenses 2018: $569,705Net Income 2018: $187,6172018Revenue 2019: $889,991Expenses 2019: $851,615Net Income 2019: $38,3762019Revenue 2020: $466,903Expenses 2020: $829,352Net Income 2020: -$362,4492020Revenue 2021: $1,232,603Expenses 2021: $875,002Net Income 2021: $357,6012021Revenue 2022: $403,575Expenses 2022: $802,850Net Income 2022: -$399,2752022Revenue 2023: $668,384Expenses 2023: $650,897Net Income 2023: $17,4872023Revenue 2024: $309,912Expenses 2024: $326,554Net Income 2024: -$16,6422024

Highlighted filing

2024

Revenue$309,912
Expenses$326,554
Net Income-$16,642

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$309,912
Mission and Program Overview

Mission

The mission of the foundation is to accelerate social entrepreneurship in higher education through innovative and practical programs and cloud-based blended learning technologies.

Accelerate social entrepreneurship in higher education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,367$23,204▲ $5,837
Prepaid Expenses and Deferred Charges$3,959$3,959→ $0
Land, Buildings, and Equipment, Net$1,186$0▼ $1,186
Total Assets$447,211$430,767▼ $16,444
Other Assets Total$424,699$403,604▼ $21,095
Liabilities
Other Liabilities$49,087$49,285▲ $198
Total Liabilities$49,087$49,285▲ $198
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$398,124$381,482▼ $16,642
Total Net Assets Fund Balance$398,124$381,482▼ $16,642
Total Liabilities and Net Assets / Fund Balance$447,211$430,767▼ $16,444

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$81,606$81,606
Other Assets Org$16,809--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anthony M DimarcoManaging DirectorFT$3,000$3,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$288,802
Program Service Revenue
$21,110
Investment Income
$0
Other Revenue
$0
All Other Contributions
$288,802
Change in Net Assets
$-16,642

Audited Revenue Reconciliation

Revenue per Audited Statements
$309,912
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$309,912
Total Revenue per Form 990
$309,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$279,240
Salaries, Compensation, and Employee Benefits$47,314
Total Fundraising Expense$9,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$23,054$20,749$2,305$46,108
Other Employee Benefits$21,917$19,725$2,192$43,834
Depreciation Depletion$39,090--$39,090
Fees for Services Other$23,869--$23,869
Occupancy$17,339$4,624$1,156$23,119
Office Expenses$7,079$1,888$472$9,439
Advertising$993$812$2,698$4,503
Other Expenses$2,718$724$181$3,623
Current Officers, Directors, Trustees, and Key Employees-$3,000-$3,000
Insurance$631$567$62$1,260
Pension Plan Contributions$240$216$24$480
Interest-$109-$109
Total Functional Expenses$265,050$52,414$9,090$326,554

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$326,554
Total Expenses per Audited Statements$326,554
Total Expenses per Form 990$326,554
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$46,800
Other Current Liabilities$2,185
Accrued Expenses$300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Irene lavado-caslin is married to michael j caslin iii, director president

Form 990, Part VI, Section B, Line 11B

Governing body reviews 990 and approves the electronic filing of the form before it is filed by its independent accountants.

Form 990, Part VI, Section B, Line 12C

The organization reviews the conflist of interest policy semi-annually

Form 990, Part VI, Section B, Line 15

All salaries are approved by the board.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon request or on the webiste at www.gcsen.com/duediligence.

Filing and Contact Details

Filer

Filer Name
Gcsen Foundation
EIN
47-4484212
Phone
2124442071
Address
291 WALL STREET 4TH FLOOR, KINGSTON, NY 12401

Signing Officer

Name
Michael J Caslin Iii
Title
President
Phone
2124442071
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Caslin Iii
Formed
2015
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
10

Preparer

Firm
Leonard C Green & Co Pa
Address
900 ROUTE 9, WOODBRIDGE, NJ 07095
Preparer
Leonard C Green
Phone
7326345100
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The organization's board of directors and management take responsibility for the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization had no uncertain tax positions for the year included in the audited financial statements.

Raw XML AppendixShowing 400 of 446 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0406703
IRS990ScheduleA/Total509Grp/TotalAmt02960894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0309912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0668384
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0403575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01172320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0406703
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02960894
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0326554
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt023336
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt134494
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt226829
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31998
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt441307
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt553938
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt631126
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt785260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt831795
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt956712
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1016809
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2COURSEWARE-THIS IS LEARNING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3COURSEWARE-DEAN LEARNING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc9IPDV DONATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc10IPDV DONATION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt081606
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt146800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0309912
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS FOR THE YEAR INCLUDED IN THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0403604
IRS990ScheduleD/TotalExpensesPerForm990Amt0326554
IRS990ScheduleD/TotalLiabilityAmt049285
IRS990ScheduleD/TotalRevenuePerForm990Amt0309912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0309912
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0326554
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRENE LAVADO-CASLIN IS MARRIED TO MICHAEL J CASLIN III, DIRECTOR PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING BODY REVIEWS 990 AND APPROVES THE ELECTRONIC FILING OF THE FORM BEFORE IT IS FILED BY ITS INDEPENDENT ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS THE CONFLIST OF INTEREST POLICY SEMI-ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL SALARIES ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OR ON THE WEBISTE AT WWW.GCSEN.COM/DUEDILIGENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S BOARD OF DIRECTORS AND MANAGEMENT TAKE RESPONSIBILITY FOR THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0447211
IRS990/TotalAssetsEOYAmt0430767
IRS990/TotalAssetsGrp/BOYAmt0447211
IRS990/TotalAssetsGrp/EOYAmt0430767
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0288802
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09090
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052414
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0265050
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326554
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt049087
IRS990/TotalLiabilitiesEOYAmt049285
IRS990/TotalLiabilitiesGrp/BOYAmt049087
IRS990/TotalLiabilitiesGrp/EOYAmt049285
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0398124
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0381482
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0265050
IRS990/TotalProgramServiceRevenueAmt021110
IRS990/TotalReportableCompFromOrgAmt03000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021110
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0309912

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