Gnfunding LLC: Nonprofit Profile, Financials & Form 990 (EIN 84-2618002)

Revenue by fiscal year
FY2020	$112K
FY2021	$428K
FY2022	$955K
FY2023	$2.7M
FY2024	$459K

Expenses by fiscal year
FY2020	Not on file
FY2021	$411K
FY2022	$747K
FY2023	$2.3M
FY2024	$851K

Net assets by fiscal year
FY2020	$22K
FY2021	$39K
FY2022	$247K
FY2023	$615K
FY2024	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $851K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Deloni Boone

President

$0Pt VII · Sec A

See Gnfunding LLC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 funds to help students and individuals cover tuition costs.

Questions for Gnfunding LLC

Tap to ask. Gnfunding LLC sees how many people are interested.

Your first name shows with your question. Gnfunding LLC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $851K · in their own filed words · FY2024

01

To fundraise to help pay tuition and various fees for students and individuals for sports and education purposes

$851Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$459K

Ln 12

Fees for servicesLn 2g$459K

Money outPt IX

$851K

Ln 25

Programscol B$851K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a9

IndependentVI 1b9

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$459K

Total revenueLn 12$459K

Assets in detailPt X, end of year

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Total assetsLn 16	$615K	$0
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$615K	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Benefits paid to or for membersLn 4	$787K	$787K
Other salaries and wagesLn 7	$18K	$18K
Payroll taxesLn 10	$1K	$1K
Accounting feesLn 11c	$2K	$2K
Other fees for servicesLn 11g	$36K	$36K
Office expensesLn 13	$7K	$7K
TravelLn 17	$928	$928
InsuranceLn 23	$24	$24
Total functional expensesLn 25	$851K	$851K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$459K	$851K	−$392K	$0	990 PDF
FY2023	$2.7M	$2.3M	$368K	$615K	990 PDF
FY2022	$955K	$747K	$208K	$247K	990 PDF
FY2021	$428K	$411K	$17K	$39K	990 PDF
FY2020	$112K			$22K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $458,718 revenue, 12 lines filed

I-8 Contributions and grants$0

I-9 Program service revenuePrior year $2,660,144$458,718

I-10 Investment income$0

I-11 Other revenue$0

I-12 Total revenuePrior year $2,660,144$458,718

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to membersPrior year $1,793,291$786,664

I-15 Salaries and benefitsPrior year $162,372$18,839

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $336,582$45,661

I-18 Total expensesPrior year $2,292,245$851,164

I-19 Revenue less expensesPrior year $367,899−$392,446

Part VI · Governance 9 of 9 board members independent, 4 to look at

VI-1a Voting members of the governing body9

VI-1b Independent voting members9

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $458,718 across 2 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $458,718$458,718

VIII-12 Total revenueRelated to mission $458,718$458,718

Part IX · Statement of functional expenses $851,164 across 8 lines filed

IX-4 Benefits paid to or for membersPrograms $786,664$786,664

IX-7 Other salaries and wagesPrograms $17,500$17,500

IX-10 Payroll taxesPrograms $1,339$1,339

IX-11c Accounting feesPrograms $1,625$1,625

IX-11g Other fees for servicesPrograms $35,745$35,745

IX-13 Office expensesPrograms $7,339$7,339

IX-17 TravelPrograms $928$928

IX-23 InsurancePrograms $24$24

IX-25 Total functional expensesPrograms $851,164 · Management $0 · Fundraising $0$851,164

Part X · Balance sheet $0 assets, 4 lines filed

X-16 Total assetsStart of year $614,857$0

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $614,857$0

X-33 Total liabilities and net assetsStart of year $614,857$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$458,718

XI-2 Total expenses$851,164

XI-3 Revenue less expenses−$392,446

XI-4 Net assets at start of year$614,857

XI-9 Other changes in net assets−$222,411

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org