STRATEGY STUDIO / PUBLIC DATA EXPLORER

GREGG PEARSON FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GREGG PEARSON FOUNDATION INC (EIN 80-0255199)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202313179349300641
Schema version
2022v5.0
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)
Return2023-11-13T08:48:37-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Line12112 123rd Ter EAddressLine1Txt
CityParrishCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-11-10SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstStaceyPersonFirstNm
Person LastPearsonPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichelle Bustamante CPAPreparerPersonNm
PTINP00985916PTIN
Phone8178078164PhoneNum
Preparation2023-11-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$491,289GrossReceiptsAmt
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$395,352PYContributionsGrantsAmt
CY Contributions Grants$404,480CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$18,757PYOtherRevenueAmt
CY Other Revenue$6,895CYOtherRevenueAmt
PY Total Revenue$414,109PYTotalRevenueAmt
CY Total Revenue$411,375CYTotalRevenueAmt
PY Grants And Similar Paid$257,920PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$543,624CYGrantsAndSimilarPaidAmt
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$11,801PYOtherExpensesAmt
CY Other Expenses$13,644CYOtherExpensesAmt
PY Total Expenses$269,721PYTotalExpensesAmt
CY Total Expenses$557,268CYTotalExpensesAmt
PY Revenues Less Expenses$144,388PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$145,893CYRevenuesLessExpensesAmt
Total Assets BOY$441,230TotalAssetsBOYAmt
Total Assets EOY$295,337TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$441,230NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$295,337NetAssetsOrFundBalancesEOYAmt
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$557,268ExpenseAmt
DescTo provide assistance to organizations, families and individuals facing hardships as a result of cancer or other illness.Desc
Total Program Service Expenses$557,268TotalProgramServiceExpensesAmt
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$404,480AllOtherContributionsAmt
Total Contributions$404,480TotalContributionsAmt
Fundraising Gross Income$86,809FundraisingGrossIncomeAmt
Fundraising Direct Expenses$79,914FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,895TotalRevenueColumnAmt
Exclusion$6,895ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$411,375TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,895ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$20,000TotalAmt
Program Services$20,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$523,624TotalAmt
Program Services$523,624ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,256TotalAmt
Program Services$1,256ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$550TotalAmt
Program Services$550ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$675TotalAmt
Program Services$675ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6TotalAmt
Program Services$6ProgramServicesAmt

Insurance InsuranceGrp

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

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Fundraising Fees$4,359$4,359
Postage$180$180
Outside Contract Svc$2,053$2,053
Services$3,912$3,912

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$557,268TotalAmt
Program Services$557,268ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$441,230BOYAmt
EOY$295,337EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$441,230BOYAmt
EOY$295,337EOYAmt

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$441,230BOYAmt
EOY$295,337EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$441,230BOYAmt
EOY$295,337EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$441,230BOYAmt
EOY$295,337EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$145,893ReconcilationRevenueExpnssAmt
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$26,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,181CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$146,416CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$395,352CurrentTaxYearMinus1YearAmt
Current Tax Year$404,480CurrentTaxYearAmt
Total$1,005,165TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,736CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,181CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$146,416CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$395,352CurrentTaxYearMinus1YearAmt
Current Tax Year$404,480CurrentTaxYearAmt
Total$1,005,165TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,005,165PublicSupportTotal170Amt
Total Support$1,005,165TotalSupportAmt
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$86,809GrossReceiptsEvent1Amt
Gross Revenue Event1$86,809GrossRevenueEvent1Amt
Rent Facility Costs Event1$28,863RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$51,051OtherDirectExpensesEvent1Amt
Gross Receipts Total$86,809GrossReceiptsTotalAmt
Gross Revenue Total Events$86,809GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$28,863RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$51,051OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$79,914DirectExpenseSummaryEventsAmt
Net Income Summary$6,895NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmt
CEC
6250 NW Loop 820North Richland HillsTX76180$5,000
Ronald McDonald House
1004 7th AveFort WorthTX76104$5,000
Ragans Hope
PO Box 192705DallasTX75219$5,000
Abilene Christian University
ACU Box 29100AbileneTX79699$5,000

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeMedical Assistance for CancerGrantTypeTxt
Recipient192RecipientCnt
Cash Grant$508,936CashGrantAmt
Non Cash Assistance$14,688NonCashAssistanceAmt
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.