Gap INC FY2021 filing

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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, FY2021. 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.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
0.7 mo
of spending, in cash
0.7 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
$216K
83% of total assets
Liabilities are 83% of assets.
Pt X · Ln 26
Revenue
$937K
-5% vs prior year
Spent
$1.1M
To programs
91%
Net assets
$43K
By yearFY2020–FY2024
Revenue
$937K
FY2021▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$982K
FY2021$937K
FY2022$1.3M
FY2023$1.8M
FY2024$1.8M
Expenses
$1.1M
FY2021▲ +9%
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
$43K
FY20210%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$43K
FY2022$0
FY2023$3K
FY2024$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

91 cents of each dollar spent went to programs.

Program services 91% · $995K Management & general 9% · $102K

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

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Presidentdirector
$0Pt VII · Sec A
Board Member
$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.

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1 program · $1.0M · in their own filed words · FY2021
01

High quality child care services to children 6 weeks to 5 years and their families

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1265163) · Dispute this line
$1.0Mprogram expense

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$937K
Ln 12
Gifts and grantsLn 1h$546K
Fees for servicesLn 2g$301K
Other incomeLn 4–11$90K
Money outPt IX
$1.1M
Ln 25
Programscol B$995K
Managementcol C$102K
Owns and owesPt X
$43K
net assets · Ln 32
Cash and savingsLn 1–2$68K
Total assetsLn 16$259K
LiabilitiesLn 26$216K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$546K
Government grantsLn 1e$455K
Fees for servicesLn 2g$301K
Other incomeLn 4–11$90K
Total revenueLn 12$937K
Assets in detailPt X, end of year
CashLn 1$16K
SavingsLn 2$52K
Cash and savings togetherLn 1–2$68K
Accounts receivableLn 4$25K
Prepaid expenses and deferred chargesLn 9$22K
Land, buildings, equipmentLn 10c$109K
Other assetsLn 15$35K
Total assetsLn 16$259K
LiabilitiesLn 26$216K
Net assetsLn 32$43K
OperationsPt I, VI
EmployeesI 522
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$72K$68K
Land, buildings, equipmentLn 10c$105K$109K
Total assetsLn 16$259K$259K
LiabilitiesLn 26$216K$216K
Net assetsLn 32$43K$43K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$356K$256K$100K
Payroll taxesLn 10$31K$29K$2K
Management feesLn 11a$195K$195K
Office expensesLn 13$196K$196K
Information technologyLn 14$97K$97K
OccupancyLn 16$223K$223K
Total functional expensesLn 25$1.1M$995K$102K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled 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
FY2021 ViewingFiled 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 I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $937,281 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $656,999$546,008
I-9 Program service revenuePrior year $225,280$301,273
I-10 Investment income$0
I-11 Other revenuePrior year $99,222$90,000
I-12 Total revenuePrior year $981,501$937,281
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $405,059$387,352
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $604,183$709,565
I-18 Total expensesPrior year $1,009,242$1,096,917
I-19 Revenue less expensesPrior year −$27,741−$159,636
Part VI · Governance 2 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
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-15a Process for setting top official's payYes
Part VIII · Statement of revenue $937,281 across 7 lines filed
VIII-1e Government grants$454,931
VIII-1f All other contributions, gifts and grants$91,077
VIII-1h Total contributions, gifts and grants$546,008
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $301,273$301,273
VIII-6 Net rental income or loss$90,000
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $301,273$937,281
Part IX · Statement of functional expenses $1,096,917 across 6 lines filed
IX-7 Other salaries and wagesPrograms $256,159 · Management $100,000$356,159
IX-10 Payroll taxesPrograms $28,807 · Management $2,386$31,193
IX-11a Management feesPrograms $194,594$194,594
IX-13 Office expensesPrograms $195,701$195,701
IX-14 Information technologyPrograms $96,656$96,656
IX-16 OccupancyPrograms $222,614$222,614
IX-25 Total functional expensesPrograms $994,531 · Management $102,386 · Fundraising $0$1,096,917
Part X · Balance sheet $258,987 assets, 16 lines filed
Net asset lines not itemized here account for −$42,811. See the IRS return.
X-1 Cash, non-interest-bearingStart of year $71,926$16,241
X-2 Savings and temporary cash investments$51,523
X-4 Accounts receivableStart of year $24,600$24,600
X-9 Prepaid expenses and deferred chargesStart of year $22,103$22,103
X-10c Land, buildings and equipment, netStart of year $105,305$109,467
X-15 Other assetsStart of year $35,053$35,053
X-16 Total assetsStart of year $258,987$258,987
X-17 Accounts payable and accrued expensesStart of year $77,676$22,500
X-18 Grants payableStart of year $80,500$80,500
X-21 Escrow or custodial accounts$55,176
X-24 Unsecured notes and loans payableStart of year $58,000$58,000
X-26 Total liabilitiesStart of year $216,176$216,176
X-27 Net assets without donor restrictionsStart of year $42,811$42,811
X-31 Retained earnings or endowmentStart of year $42,811$42,811
X-32 Total net assets or fund balancesStart of year $42,811$42,811
X-33 Total liabilities and net assetsStart of year $258,987$258,987
Part XI · Reconciliation of net assets $42,811 net assets at year end
XI-1 Total revenue$937,281
XI-2 Total expenses$1,096,917
XI-3 Revenue less expenses−$159,636
XI-4 Net assets at start of year$42,811
XI-10 Net assets at end of year$42,811

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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