Gila Community Foundation EIN 81-0851813 Form 990 (PDF) Claim this org

Gila Community Foundation FY2020 filing

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Fosters sustainable philanthropy to build a stronger, more resilient community. For fiscal year 2020 it reported $619K in revenue, $270K in expenses, and $416K in net assets.Pt I

Founded
2015
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Silver City, NM
Website
www.gilacf.org
Filings
6 on file (2020–2020)
Revenue
$619KFY2020
Expenses
$270K
Net assets
$416K
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-0851813 Public foundation / grantmaker Silver City, NM Founded 2015
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Fosters sustainable philanthropy to build a stronger, more resilient community.
Leadership
Stacey Cox · Board Chair
Money in and out
$619K revenue, $270K expenses
Bottom line
100% program efficiency
Grants paid & assets · FY2020
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$416K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $349K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
31.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+56%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$619K
FY2020
Expenses
$270K
FY2020
Total assets
$739K
FY2020
Total liabilities
$324K
FY2020
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$416K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$349K
Total assetsPt X · Ln 16$739K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGila Community Foundation
EINHdr · item D81-0851813
Principal addressHdr · item CSilver City, NM
WebsiteHdr · item Jwww.gilacf.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFJan 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jamie Sechrist’s $80K as Executive Dir. is at the 17th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $270K of program spending, described in the organization's own filed words · FY2020.
01

Give Grandly Day of Online Giving

GCCF organizes a day of online giving, encouraging all local non-profits to participate. GCCF raises matching funds distributed to participating organizations. Over two years, the event raised over $250,000 for local organizations.

$162Kprogram expense
02

Community Conversation

GCCF brought funders to rural new mexico and helped local non-profit organizations make connections among one another and with potential funders.

$54Kprogram expense
03

Promoting local philanthropy through legacy giving

$54Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$516K · 83%
Other revenue$101K · 16%
Contributions & grants83%$516K
Other revenue16%$101K
Investment income$2K
Total revenueLn 12$619K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$270K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$739K
Total liabilitiesLn 26$324K
Total net assetsLn 32$416K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $706K · Operating expenses/yr $270K
31.4 months
Where the money goes
Program services
Program services $270K · Total expenses $270K
100%
Management & General
Management & general $0 · Total expenses $270K
0%
Fundraising
Fundraising $0 · Total expenses $270K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $516K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $516K · Total revenue $619K
83%
Government reliance
Government grants — · Total revenue $619K
Earned-income share
Program service revenue $0 · Total revenue $619K
0%
Investment reliance
Investment income $2K · Total revenue $619K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $270K
0%
Growth & trend
Revenue growth (YoY)
This year $619K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $416K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $619K · Expenses $270K
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $739K
Net-asset ratio
Net assets $416K · Total assets $739K
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $569K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $739K
77%
People & payroll
Highest Reported Total Compensation
Individual Stacey Cox · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $270K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $33K · Total expenses $270K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Legal fee ratio 7%
Accounting fee ratio 0.1%

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 · FY2025
Total grants receivedfrom 1 funder$8K
Grants paid · 20 grants · $228K · 2025–2025
Virus TheaterFY2025$30,000
Mimbres Region Arts CouncilNM · FY2025$30,000
Village of Santa ClaraFY2025$10,000
The Commons Center for FoodFY2025$10,000
Stem Roadshow Wnmu FoundatNM · FY2025$10,000
Silver City Gospel MissionNM · FY2025$10,000
El Refugio INCNM · FY2025$10,000
Casa Lucerito INCNM · FY2025$10,000
Deming Silver LiningsNM · FY2025$9,000
Town of Sc Unhoused InitiatiNM · FY2025$7,500
Morning Star PantryFY2025$7,500
See all 20 grants →

Compare

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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)$1.1M revenue · ⤓ 990 PDF
FY2024$412K revenue · ⤓ 990 PDF
FY2023$476K revenue · ⤓ 990 PDF
FY2022$434K revenue · ⤓ 990 PDF
FY2021$475K revenue · ⤓ 990 PDF
FY2020$619K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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