STRATEGY STUDIO / PUBLIC DATA EXPLORER

GREGG PEARSON FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GREGG PEARSON FOUNDATION INC (EIN 80-0255199)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-13
IRS object ID
202403189349300445
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-13T10:08:29-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN820598231PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ardent CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line113079 Utopia LoopAddressLine1Txt
CityBradentonCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34211ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN800255199EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Gregg Pearson Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREGBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11010 Mustang DriveAddressLine1Txt
CityGrapevineCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76051ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonStacey PearsonPersonNm
Person TitlePresidentPersonTitleTxt
Phone8174308164PhoneNum
Signature2024-11-10SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichelle Bustamante CPAPreparerPersonNm
PTINP00985916PTIN
Phone8178078164PhoneNum
Preparation2024-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$751,879GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.greggpearson.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionProvide support and assistance to organizations, families and individuals facing hardship as a result of cancer or other illness.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$404,480PYContributionsGrantsAmt
CY Contributions Grants$670,131CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$6,895PYOtherRevenueAmt
CY Other Revenue-$4,921CYOtherRevenueAmt
PY Total Revenue$411,375PYTotalRevenueAmt
CY Total Revenue$665,210CYTotalRevenueAmt
PY Grants And Similar Paid$543,624PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$718,596CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,644PYOtherExpensesAmt
CY Other Expenses$11,868CYOtherExpensesAmt
PY Total Expenses$557,268PYTotalExpensesAmt
CY Total Expenses$730,464CYTotalExpensesAmt
PY Revenues Less Expenses-$145,893PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$65,254CYRevenuesLessExpensesAmt
Total Assets BOY$295,337TotalAssetsBOYAmt
Total Assets EOY$226,024TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$295,337NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$226,024NetAssetsOrFundBalancesEOYAmt
MissionProvide support and assistance to organizations, families and individuals facing hardship as a result of cancer or other illness.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$730,464ExpenseAmt
DescTo provide assistance to organizations, families and individuals facing hardships as a result of cancer or other illness.Desc
Total Program Service Expenses$730,464TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCole CarruthersPersonNm
Phone8176759806PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11010 Mustang DriveAddressLine1Txt
CityGrapevineCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76051ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Donny Vaughn
Marketing and Advising5.000.00Yes (X)$0$0$0
Randall Crimmings
Advisor2.000.00Yes (X)$0$0$0
Leslie Carruthers
Secretary5.000.00Yes (X)$0$0$0Yes (X)
Stacey Pearson
President5.000.00Yes (X)$0$0$0Yes (X)
Carter Davis
Vice President2.000.00Yes (X)$0$0$0Yes (X)
Cole Carruthers
Treasurer5.000.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$670,131AllOtherContributionsAmt
Total Contributions$670,131TotalContributionsAmt
Fundraising Gross Income$81,748FundraisingGrossIncomeAmt
Fundraising Direct Expenses$86,669FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,921TotalRevenueColumnAmt
Exclusion-$4,921ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$665,210TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$4,921ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$15,500TotalAmt
Program Services$15,500ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$703,096TotalAmt
Program Services$703,096ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,618TotalAmt
Program Services$3,618ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$327TotalAmt
Program Services$327ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$500TotalAmt
Program Services$500ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$209TotalAmt
Program Services$209ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$653TotalAmt
Program Services$653ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Fundraising Fees$4,319$4,319
Postage$51$51
Outside Contract Svc$2,191$2,191

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$730,464TotalAmt
Program Services$730,464ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$295,337BOYAmt
EOY$226,024EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$295,337BOYAmt
EOY$226,024EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$295,337BOYAmt
EOY$226,024EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$295,337BOYAmt
EOY$226,024EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$295,337BOYAmt
EOY$226,024EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$65,254ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$4,059PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,181CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$146,416CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$395,352CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$404,480CurrentTaxYearMinus1YearAmt
Current Tax Year$670,131CurrentTaxYearAmt
Total$1,648,560TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,181CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$146,416CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$395,352CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$404,480CurrentTaxYearMinus1YearAmt
Current Tax Year$670,131CurrentTaxYearAmt
Total$1,648,560TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,648,560PublicSupportTotal170Amt
Total Support$1,648,560TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf TournamEvent1Nm
Gross Receipts Event1$81,748GrossReceiptsEvent1Amt
Gross Revenue Event1$81,748GrossRevenueEvent1Amt
Rent Facility Costs Event1$35,898RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$50,771OtherDirectExpensesEvent1Amt
Gross Receipts Total$81,748GrossReceiptsTotalAmt
Gross Revenue Total Events$81,748GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$35,898RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$50,771OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$86,669DirectExpenseSummaryEventsAmt
Net Income Summary-$4,921NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeMedical Assistance for CancerGrantTypeTxt
Recipient273RecipientCnt
Cash Grant$697,652CashGrantAmt
Non Cash Assistance$5,444NonCashAssistanceAmt
Valuation Method UsedCashValuationMethodUsedDesc
Non Cash AssistanceFuneral costs living expenses miscNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMonitoring procedures (Part I, line 2)FormAndLineReferenceDesc
ExplanationIn the case where a grant is given to an organization, The Gregg Pearson Foundation (GPF) verifies the tax-exempt status of the organization before awarding any grant or donation. In the case of a grant to an individual GPF monitors the grants to ensure that the proceeds are used for the intended charitable purpose.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Governing body meeting documentation Part VI line 8aIn-person executive board meetings are held every quarter to discuss and unanimously vote on topics concerning the organization. No official documentation is kept past the previous meeting of notes and decisions that are made.
Committee meeting documentation Part VI line 8bIn-person executive board meetings are held every quarter to discuss and unanimously vote on topics concerning the organization. No official documentation is kept past the previous meeting of notes and decisions that are made.
Form 990 governing body review Part VI line 11The CEO/President reviewed the tax return and resolved any questions prior to signing the electronic filing form.
Governing documents etc available to public Part VI line 19Form 990, 1023 and other financial information is made available upon request. The contact information to make such request is provided on the website and on various fundraising documents.