Gap INC FY2022 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, FY2022. 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.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
0.5 mo
of spending, in cash
0.5 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
$4.7M
100% of total assets
Liabilities are 100% of assets.
Pt X · Ln 26
Revenue
$1.3M
+39% vs prior year
Spent
$1.2M
To programs
74%
Net assets
$0
By yearFY2020–FY2024
Revenue
$1.3M
FY2022▲ +39%
Tap a bar for its year
Revenue by fiscal year
FY2020$982K
FY2021$937K
FY2022$1.3M
FY2023$1.8M
FY2024$1.8M
Expenses
$1.2M
FY2022▲ +12%
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
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$43K
FY2022$0
FY2023$3K
FY2024$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 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

74 cents of each dollar spent went to programs.

Program services 74% · $907K Management & general 26% · $317K

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 · $1.2M · in their own filed words · FY2022
01

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

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-1265163) · Dispute this line
$1.2Mprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$300K
Money outPt IX
$1.2M
Ln 25
Programscol B$907K
Managementcol C$317K
Owns and owesPt X
$0
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$4.7M
LiabilitiesLn 26$4.7M
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$300K
Government grantsLn 1e$300K
Fees for servicesLn 2g$1.0M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$46K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$51K
Accounts receivableLn 4$28K
Prepaid expenses and deferred chargesLn 9$21K
Land, buildings, equipmentLn 10c$4.4M
Other assetsLn 15$140K
Total assetsLn 16$4.7M
LiabilitiesLn 26$4.7M
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 522
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$68K$51K
Land, buildings, equipmentLn 10c$109K$4.4M
Total assetsLn 16$259K$4.7M
LiabilitiesLn 26$216K$4.7M
Net assetsLn 32$43K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$333K$321K$12K
Other fees for servicesLn 11g$144K$144K
Information technologyLn 14$8K$8K
OccupancyLn 16$212K$212K
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$300K$300K
All other expensesLn 24e$197K$75K$122K
Total functional expensesLn 25$1.2M$907K$317K$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
FY2022 ViewingFiled 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 I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $1,305,651 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $546,008$300,000
I-9 Program service revenuePrior year $301,273$1,005,651
I-10 Investment income$0
I-11 Other revenuePrior year $90,000$0
I-12 Total revenuePrior year $937,281$1,305,651
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $387,352$333,245
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $709,565$891,145
I-18 Total expensesPrior year $1,096,917$1,224,390
I-19 Revenue less expensesPrior year −$159,636$81,261
Part VI · Governance 1 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,305,651 across 5 lines filed
Lines not itemized here account for $102,000 of total revenue; see the IRS return.
VIII-1e Government grants$300,000
VIII-1h Total contributions, gifts and grants$300,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $903,651$903,651
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $903,651 · Unrelated business $102,000$1,305,651
Part IX · Statement of functional expenses $1,224,390 across 7 lines filed
IX-7 Other salaries and wagesPrograms $320,775 · Management $12,470$333,245
IX-11g Other fees for servicesManagement $144,000$144,000
IX-14 Information technologyManagement $8,364$8,364
IX-16 OccupancyPrograms $211,622$211,622
IX-23 InsuranceManagement $30,143$30,143
IX-24 Other expenses (24a–d)Programs $300,000$300,000
IX-24e All other expensesPrograms $74,960 · Management $122,056$197,016
IX-25 Total functional expensesPrograms $907,357 · Management $317,033 · Fundraising $0$1,224,390
Part X · Balance sheet $4,686,869 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $16,241$45,825
X-2 Savings and temporary cash investmentsStart of year $51,523$5,000
X-4 Accounts receivableStart of year $24,600$28,459
X-9 Prepaid expenses and deferred chargesStart of year $22,103$20,520
X-10c Land, buildings and equipment, netStart of year $109,467$4,446,707
X-15 Other assetsStart of year $35,053$140,358
X-16 Total assetsStart of year $258,987$4,686,869
X-17 Accounts payable and accrued expensesStart of year $22,500$30,469
X-23 Secured mortgages and notes payable$4,148,803
X-24 Unsecured notes and loans payableStart of year $58,000$499,900
X-25 Other liabilities$7,697
X-26 Total liabilitiesStart of year $216,176$4,686,869
X-32 Total net assets or fund balancesStart of year $42,811$0
X-33 Total liabilities and net assetsStart of year $258,987$4,686,869
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,305,651
XI-2 Total expenses$1,224,390
XI-3 Revenue less expenses$81,261
XI-4 Net assets at start of year$42,811
XI-10 Net assets at end of year$0

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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