Gap INC

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Gap INC operates a community based early child care and education program providing high quality and comprehensive services to children

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1265163) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
Run by 22 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $14K a year · 1% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
106%
of spending
106% of spending went to programs.
Pt IX · Ln 25 · col B
1.4 mo
of spending, in cash
1.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $471K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$5.4M
100% of total assets
Liabilities are 100% of assets.
Pt X · Ln 26
Revenue
$1.8M
-2% vs prior year
Spent
$1.7M
To programs
106%
Net assets
$0
By yearFY2020–FY2024
Revenue
$1.8M
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$982K
FY2021$937K
FY2022$1.3M
FY2023$1.8M
FY2024$1.8M
Expenses
$1.7M
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.2M
FY2023$1.8M
FY2024$1.7M
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$43K
FY2022$0
FY2023$3K
FY2024$0

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

106 cents of each dollar spent went to programs.

Program services 106% · $1.8M Management & general 4% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
Presidentdirector
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Gap INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides high-quality early childhood care and education for children in the community.

Questions for Gap INC

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2 programs · $1.8M · in their own filed words · FY2024
01

Gap inc operates a community based early child care and education program providing high quality and comprehensive services to children.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1265163) · Dispute this line
$1.8Mprogram expense
02

Gap inc operates a community based early child care and education program providing high quality and comprehensive services to children

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1265163) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$471K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2025 · $1.0M federal money spent
Child Care and Development Block GrantDepartment of Health and Human Services · ALN 93.575 · Through District of Columbia Office of the State Superintendent of Education : Child and Care Development$1.0M

The auditor reported no findings.

Year ending Dec 2024 · $1.0M federal money spent
Child Care and Development Block GrantDepartment of Health and Human Services · ALN 93.575 · Through District of Columbia Office of the State Superintendent of Education$1.0M

The auditor reported 1 finding: a weakness in money controls.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$364K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.8M
Managementcol C$60K
Owns and owesPt X
$0
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$5.4M
LiabilitiesLn 26$5.4M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$364K
Government grantsLn 1e$172K
Fees for servicesLn 2g$1.4M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$201K
Total assetsLn 16$5.4M
LiabilitiesLn 26$5.4M
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 522
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Jul 24, 2025 $1.8M$1.7M$126K$0 990 PDF
FY2023Filed with the IRS Oct 30, 2024 $1.8M$1.8M$51K$3K 990 PDF
FY2022Filed with the IRS Jul 3, 2023 $1.3M$1.2M$81K$0 990 PDF
FY2021Filed with the IRS Feb 8, 2023 $937K$1.1M−$160K$43K 990 PDF
FY2020Filed with the IRS May 6, 2022 $982K$1.0M−$28K$43K 990 PDF

Schedules filed Part IV

A · Public support O · Explanations
See the full FY2024 990
Part VI · Governance 1 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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