Civic Intelligence

Grateful Giving Foundation

EIN 92-0783225 • 501(c)3 • Dallas Center, IA

990-N CoverageNTEE T70

Profile

The organization's primary purpose is to promote charitable giving and to support the work of diverse nonprofits nationwide by providing software to help businesses and individuals automatically give to charity.

PO Box 224Dallas Center, IA 50063-0224

gratefulgiving.org

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$93,625

Down $2,887 (-3.0%) from 2023

Liabilities

Up

$28,974

Up $6,357 (+28%) from 2023

Net Assets

Down

$64,651

Down $9,244 (-13%) from 2023

Operations

Revenue

Up

$233,604

Up $75,751 (+48%) from 2023

Expenses

Up

$242,848

Up $158,890 (+189%) from 2023

Net Income

Down

-$9,244

Down $83,139 (-113%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2023: $96,512Liabilities 2023: $22,617Net Assets 2023: $73,8952023Assets 2024: $93,625Liabilities 2024: $28,974Net Assets 2024: $64,6512024

Highlighted filing

2024

Assets$93,625
Liabilities$28,974
Net Assets$64,651

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2023: $157,853Expenses 2023: $83,958Net Income 2023: $73,8952023Revenue 2024: $233,604Expenses 2024: $242,848Net Income 2024: -$9,2442024

Highlighted filing

2024

Revenue$233,604
Expenses$242,848
Net Income-$9,244

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 21, 2025
Return Version
2024v5.0
Gross Receipts
$233,604
Mission and Program Overview

Mission

The organization's primary purpose is to promote charitable giving and to support the work of diverse nonprofits nationwide by providing software to help businesses and individuals automatically give to charity.

The organizations primary purpose is to promote charitable giving and to support the work of diverse nonprofits nationwide by providing software to help businesses and individuals automatically give to charity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$73,895$64,651▼ $9,244
Savings and Temporary Cash Investments$0$45,254▲ $45,254
Cash and Non-Interest-Bearing Accounts$89,775$41,518▼ $48,257
Accounts Receivable$6,737$6,853▲ $116
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$96,512$93,625▼ $2,887
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,617$25,374▲ $2,757
Grants Payable$0$3,600▲ $3,600
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$22,617$28,974▲ $6,357
Net Assets / Fund Balance
Total Net Assets Fund Balance$73,895$64,651▼ $9,244
Total Liabilities and Net Assets / Fund Balance$96,512$93,625▼ $2,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa AchesonPartner Success ManagerFT$70,000$6,388$76,388
Matt OstanikPresident and CEOFT-$18,182$18,182

Board Members and Trustees

NameTitle
Dave KerpenVice President
Adi RajkumarDirector
Daniel GirardiDirector
Jennifer FrayerDirector
Kevin BurtonDirector
Matt CaineDirector
May YangDirector
Neil BhayDirector
Rebeccah RybalskyDirector
Robin RossDirector
Tommy LynnDirector
Madeline BaylissSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$217,465
Program Service Revenue
$15,885
Investment Income
$254
Other Revenue
$0
All Other Contributions
$217,465
Change in Net Assets
$-9,244
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$100,090
Grants and Similar Amounts Paid$93,921
Other Expenses$48,837
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$93,921--$93,921
Current Officers, Directors, Trustees, and Key Employees$70,000$0$0$70,000
Other Employee Benefits$24,570$0$0$24,570
Information Technology$23,659$0$0$23,659
Payroll Taxes$5,520$0$0$5,520
Insurance$3,897$0$0$3,897
All Other Expenses$3,492$0$0$3,492
Fees for Services Accounting$0$2,739$0$2,739
Fees for Services Legal$0$2,733$0$2,733
Other Expenses$1,023$0$0$1,023
Advertising$26$0$0$26
Total Functional Expenses$234,350$8,498$0$242,848
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Year Up IncBoston, MA501(c)(3)Unrestricted grant$5,437
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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

Part VI, Line 11B

A draft copy of Form 990 was provided to all Board of Directors members for review prior to filing.

Part VI, Line 12C

The organization monitors and enforces compliance with our conflict of interest policy.

Part VI, Line 15

Compensation is determined using comparability data and with review and approval by the independent members of our Board of Directors.

Part VI, Line 19

Our governing documents policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Grateful Giving Foundation
EIN
92-0783225
In Care Of
% Matt Ostanik
Phone
5152164060
Address
PO Box 224, Dallas Center, IA 50063-0224

Signing Officer

Name
Matt Ostanik
Title
President
Signed
2025-03-21

Organization Details

Principal Officer
Matt Ostanik
Formed
2022
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
5
Employees
1
Volunteers
100
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IRS990/OtherExpensesGrp/Desc0Credit Card & ACH Processing Expense
IRS990/OtherExpensesGrp/Desc1Volunteer Recruiting Expense
IRS990/OtherExpensesGrp/Desc2State Registration Fees
IRS990/OtherExpensesGrp/Desc3Grant Distribution Expense
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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
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