Gbaso INC FY2022 filing

Green Bay, WI · Public charity (501(c)(3)) · Youth Development

✓ Tax-deductible Latest data FY2022
Revenue
$215K
▼ -31% vs prior year
Spent
$162K
To programs
93%
Net assets
$329K
By yearFY2020–FY2024
Revenue
$215K
FY2022▼ -31%
Revenue by fiscal year
FY2020$199K
FY2021$310K
FY2022$215K
FY2023$424K
FY2024$462K
Expenses
$162K
FY2022▼ -14%
Expenses by fiscal year
FY2020$161K
FY2021$188K
FY2022$162K
FY2023$402K
FY2024$430K
Net assets
$329K
FY2022▲ +19%
Net assets by fiscal year
FY2020$154K
FY2021$276K
FY2022$329K
FY2023$351K
FY2024$389K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Geyer Foundation INC
$500 in the latest grant year.
Spent on programs?
93% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -31% vs prior year
Legal name (IRS)Hdr · item CGbaso INC
EINHdr · item D47-0967836
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2014
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CGreen Bay, WI
NTEE classificationIRS BMFYouth Development (O99)
WebsiteHdr · item Jgbaso.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$151K
Management & general7%$11K
Total functional expensesLn 25$162K

Financial health

Program efficiency
93%
of spending reaches programs
Operating runway
17.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$331K
FY2022▲ +17%
Total assets by fiscal year
FY2020$165K
FY2021$282K
FY2022$331K
FY2023$353K
FY2024$391K
Total liabilities
$2K
FY2022▼ -75%
Total liabilities by fiscal year
FY2020$11K
FY2021$6K
FY2022$2K
FY2023$2K
FY2024$3K
Revenue less expensesPt I · Ln 19$53K
Total assetsPt X · Ln 16$331K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$238K
Total assetsLn 16$331K
Total liabilitiesLn 26$2K
Total net assetsLn 32$329K
Months of cash on handcomputed17.7

Statement of Revenue

Part VIII
Contributions & grants$125K · 58%
Program service revenue$77K · 36%
Other revenue$13K · 6%
Contributions & grants58%$125K
Program service revenue36%$77K
Other revenue6%$13K
Investment income$125
Total revenueLn 12$215K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $238K · Operating expenses/yr $162K
17.7 months
Where the money goes
Program services
Program services $151K · Total expenses $162K
93%
Management & General
Management & general $11K · Total expenses $162K
7%
Fundraising
Fundraising $0 · Total expenses $162K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $70K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $125K · Total revenue $215K
58%
Government reliance
Government grants — · Total revenue $215K
—
Earned-income share
Program service revenue $77K · Total revenue $215K
36%
Investment reliance
Investment income $125 · Total revenue $215K
+0.06%
Program self-sufficiency
Program service revenue $77K · Total expenses $162K
48%
Growth & trend
Revenue growth (YoY)
This year $215K · Prior year $310K
-31%
Net-asset trend (YoY)
End of year $329K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $215K · Expenses $162K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $331K
—
Net-asset ratio
Net assets $329K · Total assets $331K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $331K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jason Bartanen · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $162K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $99K · Total expenses $162K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth -31%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Pres/Treas &
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary &
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Gbaso INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
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

Mission and programs

Promotes amateur skateboarding and BMX biking competitions, and partners with schools for physical education.

Provided by the organization

This section is blank until Gbaso INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $151K of program spending, described in the organization's own filed words · FY2022.
01

The organization is actively providing and maintaining a skateboarding and BMX biking facility.

$151Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$500

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $462K$430K+9% 990 PDF
FY2023 $424K$402K+97% 990 PDF
FY2022 Viewing $215K$162K-31% 990 PDF
FY2021 $310K$188K+56% 990 PDF
FY2020 $199K$161K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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