Civic Intelligence

Fay Genstone Foundation Inc

EIN 83-2028998 • 501(c)3 • Tampa, FL

Profile

The Foundation's primary objective is to assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers. Through the Sponsor's employee giving program, the Foundation plans to make corporate donations to local organizations.

5426 Bay Center Dr 300Tampa, FL 33609

www.fayconstructive.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

88th percentile

58%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

40th percentile

-10%

Faster revenue growth than 40% of similar nonprofits.

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

Assets

Down

$80,152

Down $32,119 (-29%) from 2024

Liabilities

Up

$21,112

Up $722 (+3.5%) from 2024

Net Assets

Down

$59,040

Down $32,841 (-36%) from 2024

Revenue

Down

$127,160

Down $20,370 (-14%) from 2024

Expenses

Up

$160,001

Up $85,716 (+115%) from 2024

Net Income

Down

-$32,841

Down $106,086 (-145%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2018: $14,535Liabilities 2018: $14,319Net Assets 2018: $2162018Assets 2019: $40,565Liabilities 2019: $1,949Net Assets 2019: $38,6162019Assets 2020: $27,070Liabilities 2020: $12,089Net Assets 2020: $14,9812020Assets 2021: $1,010,253Liabilities 2021: $1,019,311Net Assets 2021: -$9,0582021Assets 2022: $45,132Liabilities 2022: $12,326Net Assets 2022: $32,8062022Assets 2023: $320,442Liabilities 2023: $301,806Net Assets 2023: $18,6362023Assets 2024: $112,271Liabilities 2024: $20,390Net Assets 2024: $91,8812024Assets 2025: $80,152Liabilities 2025: $21,112Net Assets 2025: $59,0402025

Highlighted filing

2025

Assets$80,152
Liabilities$21,112
Net Assets$59,040

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $108,780Expenses 2018: $108,564Net Income 2018: $2162018Revenue 2019: $101,224Expenses 2019: $62,824Net Income 2019: $38,4002019Revenue 2020: $148,579Expenses 2020: $172,214Net Income 2020: -$23,6352020Revenue 2021: $71,917Expenses 2021: $95,956Net Income 2021: -$24,0392021Revenue 2022: $183,373Expenses 2022: $141,509Net Income 2022: $41,8642022Revenue 2023: $127,762Expenses 2023: $141,932Net Income 2023: -$14,1702023Revenue 2024: $147,530Expenses 2024: $74,285Net Income 2024: $73,2452024Revenue 2025: $127,160Expenses 2025: $160,001Net Income 2025: -$32,8412025

Highlighted filing

2025

Revenue$127,160
Expenses$160,001
Net Income-$32,841

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 5, 2026
Return Version
2025v4.0
Gross Receipts
$127,160
Mission and Program Overview

Mission

The foundation's primary objective is to assist communities in which fay servicing, llc and affiliates (the "sponsor") have business activities and customers. Through the sponsor's employee giving program, the foundation plans to make corporate donations to local organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,012$73,300▼ $34,712
Total Assets$112,271$80,152▼ $32,119
Other Assets Total$4,259$6,852▲ $2,593
Liabilities
Other Liabilities$19,540$21,112▲ $1,572
Accounts Payable and Accrued Expenses$850$0▼ $850
Total Liabilities$20,390$21,112▲ $722
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$91,881$59,040▼ $32,841
Total Net Assets Fund Balance$91,881$59,040▼ $32,841
Total Liabilities and Net Assets / Fund Balance$112,271$80,152▼ $32,119

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$6,572--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Loren J MorrisPresident
Brook TarbellDirector
Kelley GlasgowDirector
Shirley FayDirector
David ClarkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,611
Program Service Revenue
$0
Investment Income
$3,549
Other Revenue
$0
All Other Contributions
$123,611
Change in Net Assets
$-32,841
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$157,727
Other Expenses$2,274
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$157,727--$157,727
Fees for Services Accounting-$1,766-$1,766
Fees for Services Other-$508-$508
Total Functional Expenses$157,727$2,274$0$160,001
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Guitars Over Guns Organization IncMiami, FL-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$52,955
Operation Support Our Troops - AmericaNaperville, IL-Support the morale and well-being of American forces by providing comfort, resources and education to them and their families$12,927
Wounded Warrior ProjectJacksonville, FL-Provide critical services, including mental health, career counseling, and long-term rehabilitative care, to help veterans and their families thrive$12,927
Feeding Tampa BayTampa, FL-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$11,963
The Salvation Army of North TexasDallas, TX-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$11,963
Operation HomefrontSan Antonio, TX-Provide school supplies and backbacks to eligible military children$10,773
The Salvation Army Metropolitan DivisionChicago, IL-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$9,602
Salvation Army of TampaTampa, FL-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$7,799
The North Texas Food BankPlano, TX-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$7,799
The Greater Chicago Food DepositoryChicago, IL-Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers$6,902
Lead The Way FundGarden City, NY-To raise funds in support of disabled U.S. Army Rangers and the families of Rangers.$6,464
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
Due to Fay Financial$12,064
Due to TICG SOCO$8,628
Due to Genstone Realty$420
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Section B, line 11B

The Form 990 is provided by e-mail to the organization's governing body before it is filed.

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

To ensure the Taxpayer operates in a manner consistent with it's charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted.

Form 990, Part VI, Section C, 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
Fay-Genstone Foundation Inc
EIN
83-2028998
Phone
3127800451
Address
5426 Bay Center Dr 300, Tampa, FL 33609

Signing Officer

Name
David Clarke
Title
Treasurer
Phone
3127800451
Signed
2026-03-05

Organization Details

Principal Officer
David Clarke
Formed
2018
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

The Foundation provided various forms of housing assitance, either directly or indirectly, to low income and other economically disadvantaged persons, including persons qualifying under HUD or other governmental assistance programs, as well as combat community deterioration by providing or helping qualified organization provide low income housing and rehabilitating housing for low income and other disadvantage persons.

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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Provide school supplies and backbacks to eligible military children
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Assist communities in which Fay Servicing, LLC and affiliates (the "Sponsor") have business activities and customers
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8To raise funds in support of disabled U.S. Army Rangers and the families of Rangers.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9Support the morale and well-being of American forces by providing comfort, resources and education to them and their families
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10Provide critical services, including mental health, career counseling, and long-term rehabilitative care, to help veterans and their families thrive
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Guitars Over Guns Organization Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1The Salvation Army Metropolitan Division
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Operation Homefront
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3The Salvation Army of North Texas
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Salvation Army of Tampa
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Feeding Tampa Bay
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6The North Texas Food Bank
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7The Greater Chicago Food Depository
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Lead The Way Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Operation Support Our Troops - America
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Wounded Warrior Project
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0169 E Flagler St Suite 169
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15040 N Pulaski Rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt217319 San Pedro Ave Suite 505
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 36006
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41603 N Florida Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt53624 Causeway Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt63677 Mapleshade Lane
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt74100 W Ann Lurie Place
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8300 Garden City Plaza Suite 149
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt91807 S Washington St Suite 110
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt104899 Belfort Road Suite 300
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Miami
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm2San Antonio
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Dallas
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Tampa
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Tampa
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Plano
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Garden City
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Naperville
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Jacksonville
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033131
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160630
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd278232
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd375235
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd433602
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd533619
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd675075
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd760632
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd811530
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd960565
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1032256
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation provided various forms of housing assitance, either directly or indirectly, to low income and other economically disadvantaged persons, including persons qualifying under HUD or other governmental assistance programs, as well as combat community deterioration by providing or helping qualified organization provide low income housing and rehabilitating housing for low income and other disadvantage persons.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is provided by e-mail to the organization's governing body before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2To ensure the Taxpayer operates in a manner consistent with it's charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, 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 C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0112271
IRS990/TotalAssetsEOYAmt080152
IRS990/TotalAssetsGrp/BOYAmt0112271
IRS990/TotalAssetsGrp/EOYAmt080152
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0123611
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02274
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0157727
IRS990/TotalFunctionalExpensesGrp/TotalAmt0160001
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020390
IRS990/TotalLiabilitiesEOYAmt021112
IRS990/TotalLiabilitiesGrp/BOYAmt020390
IRS990/TotalLiabilitiesGrp/EOYAmt021112
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091881
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059040
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0157727
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03549
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0127160
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112271
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt080152
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05426 Bay Center Dr 300
IRS990/USAddress/CityNm0Tampa
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033609
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://www.fayconstructive.org/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0David Clarke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03127800451
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fay-Genstone Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0FAY-
ReturnHeader/Filer/EIN0832028998
ReturnHeader/Filer/PhoneNum03127800451
ReturnHeader/Filer/USAddress/AddressLine1Txt05426 Bay Center Dr 300
ReturnHeader/Filer/USAddress/CityNm0Tampa
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL

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