Greg Bussjaeger Memorial Foundation EIN 48-1266650 Form 990 (PDF) Claim this org

Greg Bussjaeger Memorial Foundation

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Supports groups helping youth in Glendale and nearby areas. For fiscal year 2025 it reported $86K in revenue, $114K in expenses, and $551K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Glendale, CA
Filings
6 on file (2020–2025)
Revenue
$86KFY2025
Expenses
$114K
Net assets
$551K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  48-1266650 Public foundation / grantmaker Glendale, CA
Form 990 (PDF)
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Size
<$100K
What they do
Supports groups helping youth in Glendale and nearby areas.
Leadership
Gary Bussjaeger · Director
Money in and out
$86K revenue, $114K expenses
Bottom line
91% program efficiency
Grants paid & assets · FY2025
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$114K
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$28K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
58.2mo
months of highly liquid reserves at operating expense rate▼ -53% vs prior filing year
Surplus margin
-32%
revenue over expenses, this year▼ -1124% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$86K
FY2025▲ +57%
Expenses
$114K
FY2025▲ +103%
Total assets
$551K
FY2025▼ -5%
Total liabilities
$0
FY2025
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$114K
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$28K
Total assetsPt X · Ln 16$551K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreg Bussjaeger Memorial Foundation
EINHdr · item D48-1266650
Principal addressHdr · item CGlendale, 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 (T30)
Ruling yearIRS BMFNov 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b2
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
VP/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Cf
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Golf Tournament

This event raises funds to support organizations that serve the needs of youth in the community of glendale, california, and its surrounding communities.

Pt IX · col B

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Statement of Revenue

Part VIII
Other revenue$48K · 56%
Investment income$37K · 44%
Other revenue56%$48K
Investment income44%$37K
Total revenueLn 12$86K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$104K
Management & general9%$10K
Total functional expensesLn 25$114K

Balance Sheet

Part X · end of year
CashLn 1$551K
Total assetsLn 16$551K
Total liabilitiesLn 26$0
Total net assetsLn 32$551K
Months of cash on handcomputed58.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $551K · Operating expenses/yr $114K
58.2 months
Where the money goes
Program services
Program services $104K · Total expenses $114K
91%
Management & General
Management & general $10K · Total expenses $114K
9%
Fundraising
Fundraising $0 · Total expenses $114K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $86K
0%
Government reliance
Government grants — · Total revenue $86K
Earned-income share
Program service revenue $0 · Total revenue $86K
0%
Investment reliance
Investment income $37K · Total revenue $86K
+44%
Program self-sufficiency
Program service revenue $0 · Total expenses $114K
0%
Growth & trend
Revenue growth (YoY)
This year $86K · Prior year $55K
+57%
Revenue CAGR
FY2020 $46K · FY2025 $86K
+14%
Net-asset trend (YoY)
End of year $551K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $86K · Expenses $114K
-32%
Liabilities-to-Assets
Total liabilities — · Total assets $551K
Net-asset ratio
Net assets $551K · Total assets $551K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $551K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gary Bussjaeger · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $114K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $114K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Revenue growth 57%
Investment management fee ratio 1%
Legal fee ratio 0.04%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$2K
Grants paid · 11 grants · $205K · 2020–2025
AscenciaCA · FY2025$6,891
AscenciaCA · FY2024$8,000
Human-I-TCA · FY2020$2,000
Taking the ReinsCA · FY2020$1,000

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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
FY2025 (Latest)$86K revenue · viewing · ⤓ 990 PDF
FY2024$55K revenue · ⤓ 990 PDF
FY2023$67K revenue · ⤓ 990 PDF
FY2022$50K revenue · ⤓ 990 PDF
FY2021$79K revenue · ⤓ 990 PDF
FY2020$46K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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