Civic Intelligence

Glenn Garcelon Foundation

990 • Fiscal year 2023 • EIN 61-1623385

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 31, 2024

PO Box 3142Coppell, TX 75019

(503) 969-7651

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

80th percentile

34%

Faster asset growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$151,040

Up $38,075 (+34%) from 2022

Net Assets

Up

$148,453

Up $37,105 (+33%) from 2022

Liabilities

Up

$2,587

Up $970 (+60%) from 2022

Revenue

Up

$171,442

Up $23,599 (+16%) from 2022

Expenses

Down

$147,040

Down $5,831 (-3.8%) from 2022

Net Income

Up

$24,402

Up $29,430 (+585%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $37,529Net Assets 2016: $37,5292016Assets 2017: $35,369Net Assets 2017: $35,3692017Assets 2018: $53,300Net Assets 2018: $53,3002018Assets 2019: $70,641Net Assets 2019: $70,6412019Assets 2020: $109,368Liabilities 2020: $1,177Net Assets 2020: $108,1912020Assets 2021: $143,054Liabilities 2021: $12,993Net Assets 2021: $130,0612021Assets 2022: $112,965Liabilities 2022: $1,617Net Assets 2022: $111,3482022Assets 2023: $151,040Liabilities 2023: $2,587Net Assets 2023: $148,4532023Assets 2024: $137,984Liabilities 2024: $266Net Assets 2024: $137,7182024

Highlighted filing

2023

Assets$151,040
Liabilities$2,587
Net Assets$148,453

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $54,992Expenses 2016: $28,434Net Income 2016: $26,5582016Revenue 2017: $57,551Expenses 2017: $59,711Net Income 2017: -$2,1602017Revenue 2018: $76,059Expenses 2018: $58,128Net Income 2018: $17,9312018Revenue 2019: $97,787Expenses 2019: $80,446Net Income 2019: $17,3412019Revenue 2020: $102,305Expenses 2020: $62,303Net Income 2020: $40,0022020Revenue 2021: $93,219Expenses 2021: $73,796Net Income 2021: $19,4232021Revenue 2022: $147,843Expenses 2022: $152,871Net Income 2022: -$5,0282022Revenue 2023: $171,442Expenses 2023: $147,040Net Income 2023: $24,4022023Revenue 2024: $115,887Expenses 2024: $121,203Net Income 2024: -$5,3162024

Highlighted filing

2023

Revenue$171,442
Expenses$147,040
Net Income$24,402
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.0
Gross Receipts
$244,948
Mission and Program Overview

Mission

To improve the quality of life to brain tumor patients and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$95,343$110,220▲ $14,877
Cash and Non-Interest-Bearing Accounts$11,522$20,707▲ $9,185
Savings and Temporary Cash Investments$4,611$19,624▲ $15,013
Prepaid Expenses and Deferred Charges$1,000--
Accounts Receivable$489$489→ $0
Total Assets$112,965$151,040▲ $38,075
Liabilities
Accounts Payable and Accrued Expenses$1,617$2,587▲ $970
Total Liabilities$1,617$2,587▲ $970
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$111,348$148,453▲ $37,105
Total Net Assets Fund Balance$111,348$148,453▲ $37,105
Total Liabilities and Net Assets / Fund Balance$112,965$151,040▲ $38,075
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gail M GarcelonPresident/di
Glen ClemansDirector
Jennifer a KamberDirector
Judith N JohannesenDirector
Matthew a Hunt MdDirector
Nancy F McgrawDirector
Sarah LargentDirector
Trent TiceDirector
Nicole G SmithSecretary/di
Danielle E HessVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$191,707
Program Service Revenue
$0
Investment Income
$4,755
Other Revenue
$-25,020
All Other Contributions
$120,181
Change in Net Assets
$24,402

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table44$11,143Fair Market Value
Other Non Cash Contri Table62$7,178Fair Market Value
Food Inventory24$6,320Fair Market Value
Clothing and Household Goods-$5,838Fair Market Value
Works of Art24$3,395Fair Market Value
Collectibles6$1,450Fair Market Value
Other Non Cash Contri Table6$996Fair Market Value
Total Noncash Contributions166$36,320-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$127,713
Other Expenses$19,327
Total Fundraising Expense$812
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$127,713--$127,713
Information Technology$5,181$972$324$6,477
Office Expenses$3,510$593$303$4,406
Fees for Services Legal-$2,600-$2,600
Travel$1,627$305$102$2,034
Fees for Services Accounting-$1,700-$1,700
Insurance$1,006$188$62$1,256
Fees for Services Other-$750-$750
Advertising$83-$21$104
Total Functional Expenses$139,120$7,108$812$147,040
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$73,506
Fundraising Gross Income$47,971
Gaming Gross Income$480
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of Hope T$26,867$18,754$471$18,283
Golf Classic$39,915$14,325$1,620$12,705
Total Events$119,497$47,971$73,506$-25,535
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

Gail m garcelon danielle e hess president vice pres family gail m garcelon nicole g smth president secretary family danielle e hess nicole g smith vice pres secretary family

Form 990, Page 6, Part VI, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by a third party cpa who provides the form to the organization for review. The draft of the form 990 is e-mailed to all board members for review. If there are any questions or concerns,they contact the board secretary. Once approved the cpa e-files the return to the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The members of the board of directors are provided the conflict of interest policy and are required to disclose any conflicts known at that time or as they arise with pending transactions. Any person that would have an interest construed to be a conflict would not be allowed to vote on the related business.

Form 990, Page 6, Part VI, Line 15A

The organization does not compensate any top managment official.

Form 990, Page 6, Part VI, Line 15B

There are no officers or key employees compensated by the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Glenn Garcelon Foundation
EIN
61-1623385
Phone
5039697651
Address
PO BOX 3142, COPPELL, TX 75019

Signing Officer

Name
Gail M Garcelon
Title
President/director
Phone
5039697651
Signed
2024-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail M Garcelon
Formed
2011
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
70

Preparer

Firm
Randall L Reid CPA
Address
P O BOX 137, COPPELL, TX 75019
Preparer
Randall L Reid CPA
Phone
2148037448
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

During 2023, 201 brain tumor patients received grants for the following types of bills being paid: rent, mortgage, utilities, medical, medical insurance premiums, credit card, car payments, car insurance, lodging during treatment, hoa dues, generator, and property taxes. The foundation holds five fundraising events each year to provide funding for its grant allocation program. The 12th annual glenn garcelon foundation golf classic continues to be a successful event with 143 golfers participating raising over 17,000 to support the mission of the foundation. Over 4,150 of that was sponsorships, with main sponsors being pepsico and mcalister's deli. The 4th annual denim and diamonds gala hosted 195 guests for dinner, dancing, silent auction and raffle. This event raised over 23,000 and the foundation was blessed to have barrow neurological institute as one of the sponsors. The 4th annual portland taste of hope gala, an evening of food, fun, and philanthropy raised over 7,637 and was attended by 55 guests. Cgc financial was the event sponosor. Five grant recipients attended the event. The 3rd annual dallas all in for hope casino night was attended by 70 guests who participated in a raffle and wine pull when they weren't having fun at the casino tables. Wilkerson insurance company and eric and jenny long were the main sponsors. Three grant recipients attended and over 10,000 was raised for the foundation's mission. The denver fundraising event was an online auction called raising hope. Over 20,900 was raised to support our mission, including sponsorships totaling nearly 9,500.

Form 990, Part XI, Line 9

Organization made adjustments to prior year after 990 was filed.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MEDICAL, RENT, UTILITIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0200
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS A RIGOROUS APPLICATION PROCESS TO ENSURE THAT FUNDING GOES TO THOSE IN GREATEST NEED. THIS INCLUDES SUBMITTING TAX RETURNS, MEDICAL REPORTS, FINANCIAL INFORMATION, INFORMATION FROM ONCOLOGIST OR NEUROSURGEON TREATING THE APPLICANT. ONCE A MONTH, APPLICATIONS AND ALL REQUIRED ITEMS ARE LOOKED AT BY OUR REVIEW COMMITTEE AND THEY MAKE RECOMMENDATIONS ON WHICH APPLICANTS RECEIVE GRANTS AND THE AMOUNT TO BE AWARDED. CHECKS ARE MADE PAYABLE TO A THIRD PARTY, NOT THE APPLICANT, TO ENSURE THE MONEY IS USED TO HELP WITH FINANCIAL BILLS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0PART I COLUMN (B) - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE M, PAGE 2, PART II
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2023, 201 BRAIN TUMOR PATIENTS RECEIVED GRANTS FOR THE FOLLOWING TYPES OF BILLS BEING PAID: RENT, MORTGAGE, UTILITIES, MEDICAL, MEDICAL INSURANCE PREMIUMS, CREDIT CARD, CAR PAYMENTS, CAR INSURANCE, LODGING DURING TREATMENT, HOA DUES, GENERATOR, AND PROPERTY TAXES. THE FOUNDATION HOLDS FIVE FUNDRAISING EVENTS EACH YEAR TO PROVIDE FUNDING FOR ITS GRANT ALLOCATION PROGRAM. THE 12TH ANNUAL GLENN GARCELON FOUNDATION GOLF CLASSIC CONTINUES TO BE A SUCCESSFUL EVENT WITH 143 GOLFERS PARTICIPATING RAISING OVER 17,000 TO SUPPORT THE MISSION OF THE FOUNDATION. OVER 4,150 OF THAT WAS SPONSORSHIPS, WITH MAIN SPONSORS BEING PEPSICO AND MCALISTER'S DELI. THE 4TH ANNUAL DENIM AND DIAMONDS GALA HOSTED 195 GUESTS FOR DINNER, DANCING, SILENT AUCTION AND RAFFLE. THIS EVENT RAISED OVER 23,000 AND THE FOUNDATION WAS BLESSED TO HAVE BARROW NEUROLOGICAL INSTITUTE AS ONE OF THE SPONSORS. THE 4TH ANNUAL PORTLAND TASTE OF HOPE GALA, AN EVENING OF FOOD, FUN, AND PHILANTHROPY RAISED OVER 7,637 AND WAS ATTENDED BY 55 GUESTS. CGC FINANCIAL WAS THE EVENT SPONOSOR. FIVE GRANT RECIPIENTS ATTENDED THE EVENT. THE 3RD ANNUAL DALLAS ALL IN FOR HOPE CASINO NIGHT WAS ATTENDED BY 70 GUESTS WHO PARTICIPATED IN A RAFFLE AND WINE PULL WHEN THEY WEREN'T HAVING FUN AT THE CASINO TABLES. WILKERSON INSURANCE COMPANY AND ERIC AND JENNY LONG WERE THE MAIN SPONSORS. THREE GRANT RECIPIENTS ATTENDED AND OVER 10,000 WAS RAISED FOR THE FOUNDATION'S MISSION. THE DENVER FUNDRAISING EVENT WAS AN ONLINE AUCTION CALLED RAISING HOPE. OVER 20,900 WAS RAISED TO SUPPORT OUR MISSION, INCLUDING SPONSORSHIPS TOTALING NEARLY 9,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GAIL M GARCELON DANIELLE E HESS PRESIDENT VICE PRES FAMILY GAIL M GARCELON NICOLE G SMTH PRESIDENT SECRETARY FAMILY DANIELLE E HESS NICOLE G SMITH VICE PRES SECRETARY FAMILY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY A THIRD PARTY CPA WHO PROVIDES THE FORM TO THE ORGANIZATION FOR REVIEW. THE DRAFT OF THE FORM 990 IS E-MAILED TO ALL BOARD MEMBERS FOR REVIEW. IF THERE ARE ANY QUESTIONS OR CONCERNS,THEY CONTACT THE BOARD SECRETARY. ONCE APPROVED THE CPA E-FILES THE RETURN TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS OF THE BOARD OF DIRECTORS ARE PROVIDED THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS KNOWN AT THAT TIME OR AS THEY ARISE WITH PENDING TRANSACTIONS. ANY PERSON THAT WOULD HAVE AN INTEREST CONSTRUED TO BE A CONFLICT WOULD NOT BE ALLOWED TO VOTE ON THE RELATED BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT COMPENSATE ANY TOP MANAGMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE ARE NO OFFICERS OR KEY EMPLOYEES COMPENSATED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ORGANIZATION MADE ADJUSTMENTS TO PRIOR YEAR AFTER 990 WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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