Is it real?
No. The IRS revoked its tax exemption. Latest filing we have: FY2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
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
5 people listed on the 990; $149K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Glenn Scruggs | $149,476 | $152,362 | $147,842 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See The Giocosa Foundation 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 15aNo
Programs and updates
Provides foster care and adoption services for youth needing alternatives to institutional care.
Questions for The Giocosa Foundation
Your first name shows with your question. The Giocosa Foundation answers here, for everyone.
Placement and care of children in foster care.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-2512853) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $390K | $249K |
| Total assetsLn 16 | $624K | $430K |
| LiabilitiesLn 26 | $290K | $254K |
| Net assetsLn 32 | $334K | $176K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $911K | $820K | $91K | $0 |
| Other employee benefitsLn 9 | $31K | $28K | $3K | $0 |
| Payroll taxesLn 10 | $68K | $62K | $7K | $0 |
| Accounting feesLn 11c | $3K | $0 | $3K | $0 |
| Other fees for servicesLn 11g | $46K | $0 | $46K | $0 |
| Office expensesLn 13 | $15K | $14K | $2K | $0 |
| OccupancyLn 16 | $121K | $109K | $12K | $0 |
| TravelLn 17 | $27K | $15K | $12K | $0 |
| InterestLn 20 | $2K | $0 | $2K | $0 |
| InsuranceLn 23 | $85K | $76K | $8K | $0 |
| Other expenses (24a–d)Ln 24 | $1.0M | $998K | $2K | $0 |
| All other expensesLn 24e | $16K | $0 | $16K | $0 |
| Total functional expensesLn 25 | $2.3M | $2.1M | $204K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest ViewingFiled with the IRS Nov 15, 2023 | $2.2M | $2.3M | −$158K | $176K | 990 PDF |
| FY2021Filed with the IRS Nov 7, 2022 | $2.8M | $2.8M | $73K | $334K | 990 PDF |
| FY2020Filed with the IRS Nov 4, 2021 | $3.1M | $3.1M | $52K | $261K | 990 PDF |
Schedules filed Part IV
See the full FY2022 990
Part I · Summary $2,167,193 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 4 to look at
Part VIII · Statement of revenue $2,167,193 across 5 lines filed
Part IX · Statement of functional expenses $2,325,271 across 12 lines filed
Part X · Balance sheet $429,862 assets, 12 lines filed
Part XI · Reconciliation of net assets $176,106 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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