Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Up$135,202
Up $51 (+0.0%) from 2021
Net Assets
Up$135,202
Up $51 (+0.0%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Down$33,824
Down $135,035 (-80%) from 2021
Expenses
Up$33,773
Up $65 (+0.2%) from 2021
Net Income
Down$51
Down $135,100 (-100%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 9, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $51,756
Mission and Program Overview
Mission
SEE SCHEDULE O.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FIRM ATTORNEYS, STAFF, CLIENTS AND FRIENDS OF THE FIRM FUND THE FOUNDATION, AND GRAY REED ATTORNEYS AND STAFF CAN HAVE THEIR INDIVIDUAL CHARITABLE CONTRIBUTIONS MATCHED THROUGH THE FOUNDATION'S EMPLOYEE MATCHING PROGRAM OR REQUEST A GRANT BE MADE TO A CHARITY IN RECOGNITION OF THEIR VOLUNTEER EFFORTS. | $30,585 | $32,970 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK GARGIULO | President/Treasurer | - | $0 | - | - |
| DARRELL ARMER | Secretary | - | $0 | - | - |
| JAMES GARY GRAY | Chairman | - | $0 | - | - |
| GLEN EICHELBERGER | Vice Chairman/Asst. Treasurer | - | $0 | - | - |
| MICHAEL BLACHLY | Vice President/Asst. Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gray Reed Foundation
- EIN
- 86-2729435
- Phone
- 8778295500
- Address
- 1601 ELM STREET SUITE 4600, DALLAS, TX 75201-4701
Signing Officer
- Name
- Mark Gargiulo
- Title
- Director
- Phone
- 8778295500
- Signed
- 2023-11-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rsm US Llp
- Address
- 4622 PENNSYLVANIA AVE STE 1100, KANSAS CITY, MO 64112
- Preparer
- Kevin Ensminger
- Phone
- 8167533000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: ordinary dividends. Amount: 1,400.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: insurance. Amount: 1,233. Description: foreign tax paid. Amount: 42. Description: account fees for frost account #1317. Amount: 761. Description: software subscriptions. Amount: 1,152. Total to form 990-ez, line 16: 3,188.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investments. Beg. Of year amount: 100,000. End of year amount: 104,527.”
Form 990-ez, Part III, Primary Exempt Purpose
“Firm attorneys, staff, clients and friends of the firm fund the foundation, and gray reed attorneys and staff can have their individual charitable contributions matched through the foundation's employee matching program or request a grant be made to a charity in recognition of their volunteer efforts.”
Raw XML Appendix167 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARK GARGIULO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7139867112 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1601 ELM STREET SUITE 4600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 752014701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35151 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 30675 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 33616 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 17932 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 51 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 135151 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 135202 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | -1192 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 30585 |
| IRS990EZ/GrossReceiptsAmt | 0 | 51756 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1400 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 135151 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 135202 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 135151 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 135202 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK GARGIULO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DARRELL ARMER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JAMES GARY GRAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GLEN EICHELBERGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MICHAEL BLACHLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE CHAIRMAN/ASST. TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE PRESIDENT/ASST. SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 100000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 104527 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3188 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FIRM ATTORNEYS, STAFF, CLIENTS AND FRIENDS OF THE FIRM FUND THE FOUNDATION, AND GRAY REED ATTORNEYS AND STAFF CAN HAVE THEIR INDIVIDUAL CHARITABLE CONTRIBUTIONS MATCHED THROUGH THE FOUNDATION'S EMPLOYEE MATCHING PROGRAM OR REQUEST A GRANT BE MADE TO A CHARITY IN RECOGNITION OF THEIR VOLUNTEER EFFORTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 30585 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 32970 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 16740 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 33773 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32970 |
| IRS990EZ/TotalRevenueAmt | 0 | 33824 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE FOUNDATION BEGAN OPERATIONS ON JANUARY 22, 2021. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, PUBLIC SUPPORT: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 33616 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 163450 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 197066 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1400 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1422 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2822 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 65835 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 131231 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 33616 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 163450 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 197066 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 199888 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ORDINARY DIVIDENDS. AMOUNT: 1,400. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INSURANCE. AMOUNT: 1,233. DESCRIPTION: FOREIGN TAX PAID. AMOUNT: 42. DESCRIPTION: ACCOUNT FEES FOR FROST ACCOUNT #1317. AMOUNT: 761. DESCRIPTION: SOFTWARE SUBSCRIPTIONS. AMOUNT: 1,152. TOTAL TO FORM 990-EZ, LINE 16: 3,188. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 100,000. END OF YEAR AMOUNT: 104,527. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FIRM ATTORNEYS, STAFF, CLIENTS AND FRIENDS OF THE FIRM FUND THE FOUNDATION, AND GRAY REED ATTORNEYS AND STAFF CAN HAVE THEIR INDIVIDUAL CHARITABLE CONTRIBUTIONS MATCHED THROUGH THE FOUNDATION'S EMPLOYEE MATCHING PROGRAM OR REQUEST A GRANT BE MADE TO A CHARITY IN RECOGNITION OF THEIR VOLUNTEER EFFORTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK GARGIULO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8778295500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRAY REED FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAY |
| ReturnHeader/Filer/EIN | 0 | 862729435 |
| ReturnHeader/Filer/PhoneNum | 0 | 8778295500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1601 ELM STREET SUITE 4600 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DALLAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 752014701 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 420714325 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RSM US LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4622 PENNSYLVANIA AVE STE 1100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KANSAS CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 64112 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8167533000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEVIN ENSMINGER |
| ReturnHeader/ReturnTs | 0 | 2023-11-10T16:41:20-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MARK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GARGIULO |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $135,202
- Liabilities
- $0
- Net assets
- $135,202
- Revenue
- $33,824
- Expenses
- $33,773
- Net income
- $51