Civic Intelligence

Gaston Business Foundation Inc.

EIN 92-2180635 • 501(c)3 • Gastonia, NC

Pub. 78 Eligible990-N CoverageNTEE S31

Profile

The gaston business foundation, inc. Is organized and operated for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, including, but not limited to, engaging in charitable activities that focus on education, community, and economic development, and talent retention and expansion in gaston county, north carolina.

601 W Franklin BoulevardGastonia, NC 28052

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$60,453

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$60,453

No earlier filing loaded for comparison.

Operations

Revenue

$68,000

No earlier filing loaded for comparison.

Expenses

$7,547

No earlier filing loaded for comparison.

Net Income

$60,453

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2023: $60,453Net Assets 2023: $60,4532023

Highlighted filing

2023

Assets$60,453
Liabilities-
Net Assets$60,453
Open 2023 Filing

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2023: $68,000Expenses 2023: $7,547Net Income 2023: $60,4532023

Highlighted filing

2023

Revenue$68,000
Expenses$7,547
Net Income$60,453
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,453
Liabilities
-
Net assets
$60,453
Revenue
$68,000
Expenses
$7,547
Net income
$60,453
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$60.5$60.5$68.0$7.55$60.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 2, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$68,000
Mission and Program Overview

Mission

The gaston business foundation, inc. Is organized and operated for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, including, but not limited to, engaging in charitable activities that focus on education, community, and economic development, and talent retention and expansion in gaston county, north carolina.

Program Services

DescriptionGrantsExpenses
CHARITABLE ACTIVITIES THAT FOCUS ON EDUCATION, COMMUNITY, AND ECONOMIC DEVELOPMENT, AND TALENT RETENTION AND EXPANSION IN GASTON COUNTY, NORTH CAROLINA.-$7,547
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KERRI MASSEYChair-$0--
KEVIN RANDALLTreasurer-$0--
PATRICK MUMFORDCEOPT$0--
Filing and Contact Details

Filer

Filer Name
Gaston Business Foundation Inc
EIN
92-2180635
Phone
7048642161
Address
601 W FRANKLIN BOULEVARD, GASTONIA, NC 28052

Signing Officer

Name
Patrick Mumford
Title
CEO
Phone
7048642161
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Mccannon Rogers Driscoll & Assoc Llp
Address
PO BOX 339, GASTONIA, NC 28053-0339
Preparer
Benjamin P Albright Iii
Phone
7048670264
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses first horizon event 7,500 start up costs 47 total 7,547”

Form 990-ez, Part III

“The gaston business foundation, inc. Is organized and operated for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, including, but not limited to, engaging in charitable activities that focus on education, community, and economic development, and talent retention and expansion in gaston county, north carolina.”

Raw XML Appendix120 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES FIRST HORIZON EVENT 7,500 START UP COSTS 47 TOTAL 7,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GASTON BUSINESS FOUNDATION, INC. IS ORGANIZED AND OPERATED FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO, ENGAGING IN CHARITABLE ACTIVITIES THAT FOCUS ON EDUCATION, COMMUNITY, AND ECONOMIC DEVELOPMENT, AND TALENT RETENTION AND EXPANSION IN GASTON COUNTY, NORTH CAROLINA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodBeginDt02023-02-02
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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