Gsn Foundation EIN 88-0447867 Form 990 (PDF) Claim this org

Gsn Foundation FY2021 filing

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Funds geological society's philanthropic contributions. For fiscal year 2021 it reported $77K in revenue, $35K in expenses, and $1.2M in net assets.Pt I

Founded
1999
Type
Public charity (501(c)(3)) · Science & Technology
Location
Reno, NV
Filings
6 on file (2020–2021)
Revenue
$77KFY2021
Expenses
$35K
Net assets
$1.2M
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  88-0447867 Public charity (501(c)(3)) Reno, NV Founded 1999
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Funds geological society's philanthropic contributions.
Leadership
Camille Prenn · Chair/Director
Money in and out
$77K revenue, $35K expenses
Bottom line
96% program efficiency
Where the money goes · FY2021
Total revenue
$77K
Pt VIII · Ln 12
Total expenses
$35K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
426.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$77K
FY2021▼ -34%
Expenses
$35K
FY2021▲ +23%
Total assets
$1.2M
FY2021▲ +25%
Total liabilities
$0
FY2021
Total revenue
$77K
Pt VIII · Ln 12
Total expenses
$35K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGsn Foundation
EINHdr · item D88-0447867
Principal addressHdr · item CReno, NV
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1999
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U36)
Ruling yearIRS BMFMar 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chair/Director
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Gsn Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $34K of program spending, described in the organization's own filed words · FY2020.
01

Scholarships awarded

$31Kprogram expense
02

Unr geology camp equipment

$3Kprogram expense
03

Funds for washoe county schools field trips

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$58K · 76%
Investment income$10K · 13%
Other revenue$8K · 11%
Contributions & grants76%$58K
Investment income13%$10K
Other revenue11%$8K
Total revenueLn 12$77K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$34K
Management & general4%$1K
Total functional expensesLn 25$35K

Balance Sheet

Part X · end of year
CashLn 1$232K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed79.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $35K
426.2 months
Where the money goes
Program services
Program services $34K · Total expenses $35K
96%
Management & General
Management & general $1K · Total expenses $35K
4%
Fundraising
Fundraising $0 · Total expenses $35K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $69K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $58K · Total revenue $77K
76%
Government reliance
Government grants — · Total revenue $77K
Earned-income share
Program service revenue $0 · Total revenue $77K
0%
Investment reliance
Investment income $10K · Total revenue $77K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $35K
0%
Growth & trend
Revenue growth (YoY)
This year $77K · Prior year $116K
-34%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $77K · Expenses $35K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
81%
People & payroll
Highest Reported Total Compensation
Individual Camille Prenn · Reported title CHAIR/DIRECTOR · Highest reported compensation $0 · Total expenses $35K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $35K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -34%
Accounting fee ratio 4%

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 · FY2024
Total grants receivedfrom 2 funders$162K
Grants paid · 6 grants · $94K · 2020–2025
Unitemized GrantFY2025$32,000
Geological Society of NevadaNV · FY2025$21,000
Unitemized GrantFY2024$12,000
Unitemized GrantFY2022$12,000
Unitemized GrantFY2021$10,000
Unitemized GrantFY2020$7,500

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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$303K revenue · ⤓ 990 PDF
FY2024$173K revenue · ⤓ 990 PDF
FY2023$148K revenue · ⤓ 990 PDF
FY2022$172K revenue · ⤓ 990 PDF
FY2021$77K revenue · viewing · ⤓ 990 PDF
FY2020$116K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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