Nonprofit · EIN 33-0831475
GODS GIFT
Tax-exempt · POWAY, CA 92064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,238,681 | $2,770,805 | $2,467,876 | $56,685,474 | $40,575 | $56,644,899 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,000
- Dividends
- $1,647,798
- Net gain from sales of assets
- $3,555,883
- Other income
- $15,000
Expenses
- Grants and similar amounts paid
- $2,102,000
- Compensation of officers, directors and key employees
- $170,333
- Disbursements for charitable purposes
- $2,436,135
- Excise tax on investment income
- $67,040
Balance sheet and other
- Total assets, start of year
- $54,258,844
- Total assets, end of year
- $56,685,474
- Total liabilities, end of year
- $40,575
- Net assets, end of year
- $56,644,899
- Fair market value of assets
- $56,685,474
- Qualifying distributions
- $2,436,135
- Net investment income
- $5,090,673
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL LOVAAS 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | CFO/SECRETARY | 25 | $91,250 |
| FRANK BARTLETT 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | PRESIDENT | 20 | $79,083 |
| LAURA LOVAAS 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | DIRECTOR | 4 | $0 |
| THERESA BELL 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | DIRECTOR | 4 | $0 |
| CHRISTINE LOVAAS KNUTTILA 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | DIRECTOR | 4 | $0 |
| CINDY WESTWOOD 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | DIRECTOR | 4 | $0 |
| LANCE WOOD 12463 RANCHO BERNARDO RD 357, SAN DIEGO, CA 921282143 | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 16735 CALLE CORTA, POWAY, CA 92064-1610
- In care of
- % HELEN LOVAAS
- Signed the 990-PF
- DANIEL LOVAAS, CFO/SECRETARY
- Phone
- (949) 296-9639
- Return prepared by
- PWC US TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 33-0831475
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $56,685,474
- Income (IRS master file)
- $30,007,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $502,214 | $2,639,248 | $54,258,844 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about GODS GIFT
- What is the EIN of GODS GIFT?
- The employer identification number (EIN) of GODS GIFT is 33-0831475.
- Is GODS GIFT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to GODS GIFT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GODS GIFT file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GODS GIFT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GODS GIFT last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GODS GIFT?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $91,250 (DANIEL LOVAAS, CFO/SECRETARY).
- How much revenue does GODS GIFT have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,238,681, expenses of $2,770,805 and total assets of $56,685,474 at year end.
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