Guild Giving Foundation EIN 81-3941659 Form 990 (PDF) Claim this org

Guild Giving Foundation FY2022 filing

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Educates on financial literacy and provides shelter for community members. For fiscal year 2022 it reported $770K in revenue, $542K in expenses, and $624K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
San Diego, CA
Website
www.guildgiving.org
Filings
5 on file (2020–2022)
Revenue
$770KFY2022
Expenses
$542K
Net assets
$624K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3941659 Public charity (501(c)(3)) San Diego, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Educates on financial literacy and provides shelter for community members.
Leadership
Mary Ann McGarry · Board Chair
Money in and out
$770K revenue, $542K expenses
Bottom line
90% program efficiency
Where the money goes · FY2022
Total revenue
$770K
Pt VIII · Ln 12
Total expenses
$542K
Pt IX · Ln 25
Net assets
$624K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $229K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.06 Fundraising $0.04
Program efficiency
90%
of spending reaches programs
Operating runway
18.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$770K
FY2022▲ +91%
Expenses
$542K
FY2022▲ +255%
Total assets
$830K
FY2022▲ +110%
Total liabilities
$206K
FY2022▲ ×450
Total revenue
$770K
Pt VIII · Ln 12
Total expenses
$542K
Pt IX · Ln 25
Net assets
$624K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$229K
Total assetsPt X · Ln 16$830K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $489K of program spending, described in the organization's own filed words · FY2022.
01

To strengthen the communities guild mortgage is located in, by working strategically to engage employee participation and volunteerism with local charities and organizations there that are involved in initiatives including youth career development, mentoring, after-school programs, economic revitalization, hunger and homelessness…

$489Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGuild Giving Foundation
EINHdr · item D81-3941659
Principal addressHdr · item CSan Diego, CA
WebsiteHdr · item Jwww.guildgiving.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Vice President
$0Pt VII · Sec A
See Guild Giving Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$770K
Total revenueLn 12$770K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.06 Fundraising $0.04
Program services90%$489K
Management & general6%$31K
Fundraising4%$22K
Total functional expensesLn 25$542K

Balance Sheet

Part X · end of year
CashLn 1$830K
Total assetsLn 16$830K
Total liabilitiesLn 26$206K
Total net assetsLn 32$624K
Months of cash on handcomputed18.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $830K · Operating expenses/yr $542K
18.4 months
Where the money goes
Program services
Program services $489K · Total expenses $542K
90%
Management & General
Management & general $31K · Total expenses $542K
6%
Fundraising
Fundraising $22K · Total expenses $542K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $492K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $770K · Total revenue $770K
100%
Government reliance
Government grants — · Total revenue $770K
Earned-income share
Program service revenue $0 · Total revenue $770K
0%
Investment reliance
Investment income $0 · Total revenue $770K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $542K
0%
Growth & trend
Revenue growth (YoY)
This year $770K · Prior year $403K
+91%
Net-asset trend (YoY)
End of year $624K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $770K · Expenses $542K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $830K
Net-asset ratio
Net assets $624K · Total assets $830K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $830K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Ann McGarry · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $542K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $542K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 6%
Fundraising cost ratio 3%
Revenue growth 91%
Legal fee ratio 2%
Accounting fee ratio 2%

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 · FY2023
Total grants receivedfrom 1 funder$95
Grants paid · 46 grants · $1.9M · 2020–2024
Home Start IncorporatedCA · FY2024$100,000
Urban Corps of San DiegoCA · FY2024$100,000
MBA Opens Doors FoundationDC · FY2024$50,000
Valley Housing CoalitionID · FY2024$16,820
Home Start IncorporatedCA · FY2023$100,000
Magic Valley ParamedicsFY2023$18,133
Givinga Foundation INCMA · FY2023$10,000
Smithfield City CorporationFY2023$6,800
Home Start IncorporatedCA · FY2022$100,000
Relief Nursery INCOR · FY2022$25,000
Raphael House of PortlandOR · FY2022$25,000
Proud GroundOR · FY2022$25,000
Sleep in Heavenly Peace INCID · FY2022$15,533
See all 46 grants →

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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
FY2024 (Latest)$819K revenue · ⤓ 990 PDF
FY2023$740K revenue · ⤓ 990 PDF
FY2022$770K revenue · viewing · ⤓ 990 PDF
FY2021$403K revenue · ⤓ 990 PDF
FY2020$304K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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