Ginungagap Foundation EIN 20-1402909

Ginungagap Foundation

EIN  20-1402909 Supporting organization Tiburon, CA
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Size
$100K–1M
What they do
Supports Rudolf Steiner Foundation's programs and operates in coordination with it.
Leadership
H Reid Shaw · Director · $10K
Money in and out
$534K revenue, $663K expenses
Bottom line
-24% net inflow

Supports Rudolf Steiner Foundation's programs and operates in coordination with it. For fiscal year 2024 it reported $534K in revenue, $663K in expenses, and $4.9M in net assets.Pt I

Money in and out · FY2024
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$663K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$129K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-24%
revenue over expenses, this year▼ -158% vs prior filing year
Pass-through gifts
100%
of revenue from contributions0% vs prior filing year
Program spending
96%
of expenses reach stated programs▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$534K
FY2024▼ -47%
Expenses
$663K
FY2024▲ +13%
Total assets
$4.9M
FY2024▼ -7%
Total liabilities
$0
FY2024
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$663K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$129K
Total assetsPt X · Ln 16$4.9M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $636K of program spending, described in the organization's own filed words · FY2024.
01

The Foundation incurred expenditures in connection with its biodynamic farm project.

$636Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGinungagap Foundation
EINHdr · item D20-1402909
Principal addressHdr · item CTiburon, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFNov 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$10,000Pt VII · Sec A
$10,000Pt VII · Sec A
Secretary/Treas
$10,000Pt VII · Sec A
President
$0Pt VII · Sec A

H Reid Shaw’s $10K as Director is at the 10th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
H Reid Shaw$10,000$10,000$10,000$10,000
Beth Weisburn$10,000$10,000$10,000
Mark Finser$10,000$10,000$10,000$10,000$10,000
Eugene Gollogly$10,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$534K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$636K
Management & general4%$27K
Total functional expensesLn 25$663K

Balance Sheet

Part X · end of year
CashLn 1$35K
Total assetsLn 16$4.9M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.9M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $191K · Operating expenses/yr $663K
3.5 months
Where the money goes
Program services
Program services $636K · Total expenses $663K
96%
Management & General
Management & general $27K · Total expenses $663K
4%
Fundraising
Fundraising $0 · Total expenses $663K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $720K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $534K · Total revenue $534K
100%
Government reliance
Government grants — · Total revenue $534K
Earned-income share
Program service revenue $0 · Total revenue $534K
0%
Investment reliance
Investment income $0 · Total revenue $534K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $663K
0%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $1.0M
-47%
Revenue CAGR
FY2020 $990K · FY2024 $534K
-14%
Net-asset trend (YoY)
End of year $4.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $663K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $4.9M
Net-asset ratio
Net assets $4.9M · Total assets $4.9M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $156K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.9M
3%
People & payroll
Highest Reported Total Compensation
Individual H Reid Shaw · Reported title Director · Highest reported compensation $10K · Total expenses $663K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $53K · Total expenses $663K
8%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -47%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$534K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$534K revenue · viewing · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$624K revenue · ⤓ 990 PDF
FY2021$1.7M revenue · ⤓ 990 PDF
FY2020$990K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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