Nonprofit · EIN 47-0946567
GABBY KRAUSE FOUNDATION
Tax-exempt · CENTENNIAL, CO 80112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,713,142 | $1,938,140 | -$224,998 | $1,332,156 | $217,757 | $1,114,399 |
| December 31, 2024 | 990 | $1,629,647 | $1,656,447 | -$26,800 | $1,375,410 | $113,183 | $1,262,227 |
| December 31, 2023 | 990 | $1,372,139 | $1,512,386 | -$140,247 | $1,483,362 | $240,998 | $1,242,364 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,679,940
- Program service revenue
- $0
- Investment income
- $33,202
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $949,531
- Compensation of officers, directors and key employees
- $196,253
- Other salaries and wages
- $481,305
- Salaries, compensation and benefits (total)
- $749,087
- Professional fundraising fees
- $0
- Occupancy
- $89,300
- Travel
- $6,031
- Program services (functional)
- $1,610,567
- Management and general (functional)
- $180,365
- Fundraising (functional)
- $147,208
Balance sheet and other
- Total assets, start of year
- $1,375,410
- Total assets, end of year
- $1,332,156
- Total liabilities, end of year
- $217,757
- Net assets, end of year
- $1,114,399
- Publicly traded securities
- $7,992
- Net assets without donor restrictions
- $1,114,399
- Gross receipts
- $2,348,235
- Employees
- 18
- Volunteers
- 1,498
- Year formed
- 2004
- State of legal domicile
- CO
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY KRAUSE | CHAIRMAN/ED Trustee or director, Officer | 40 | $93,645 |
| KIRKLYN SIMONTON | DIRECTOR OF Officer | 30 | $53,546 |
| JACLYN STOLZE | FINANCE DIRE Officer | 25 | $49,061 |
| TOM BRIGGS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DOUG SLAYBAUGH | TREASURER Trustee or director, Officer | 1 | $0 |
| EMILY MAXFIELD | SECRETARY Trustee or director, Officer | 1 | $0 |
| MATT ZURCHER | DIRECTOR Trustee or director | 1 | $0 |
| MATT SALLEE | DIRECTOR THR Trustee or director | 1 | $0 |
| JOSHUA BURNETT | DIRECTOR THR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY KRAUSE | CHAIRMAN/ED Trustee or director, Officer | 40 | $91,014 |
| KIRKLYN SIMONTON | DIRECTOR OF Officer | 40 | $75,667 |
| KELLY MORAN | FINANCE DIRE Officer | 35 | $65,610 |
| TOM BRIGGS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DOUG SLAYBAUGH | TREASURER Trustee or director, Officer | 1 | $0 |
| EMILY MAXFIELD | SECRETARY Trustee or director, Officer | 1 | $0 |
| MATT ZURCHER | DIRECTOR Trustee or director | – | $0 |
| MATT SALLEE | DIRECTOR Trustee or director | – | $0 |
| JOSH BURNETT | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY KRAUSE | CHAIRMAN/ED Trustee or director, Officer | 40 | $86,532 |
| KIRKLYN SIMONTON | DIRECTOR OF Officer | 40 | $76,906 |
| KELLY MORAN | FINANCE DIRE Officer | 35 | $67,605 |
| TOM BRIGGS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DOUG SLAYBAUGH | TREASURER Trustee or director, Officer | 1 | $0 |
| EMILY MAXFIELD | SECRETARY AS Trustee or director, Officer | 1 | $0 |
| MATT ZURCHER | DIRECTOR Trustee or director | 1 | $0 |
| MATT SALLEE | DIRECTOR Trustee or director | 1 | $0 |
| JOSH BURNETT | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7200 S ALTON WAY STE A180, CENTENNIAL, CO 80112-2240
- In care of
- % TAMMY KRAUSE
- Principal officer (990 for 2025)
- TAMMY KRAUSE, SAME AS C ABOVE, CENTENNIAL, CO 80112
- Signed the 990
- TAMMY KRAUSE, CHAIRMAN/ED
- Phone
- (720) 476-3022
- Website
- WWW.BAGSOFFUN.ORG
- Return prepared by
- KUNDINGER CORDER & MONTOYA PC
Mission
TO DELIVER JOY, LAUGHTER AND RELIEF TO CHILDREN WHO ARE FACED WITH A CRITICAL LONG-TERM AND LIFE-THREATENING CONDITION.
Program accomplishments
- THE GABBY KRAUSE FOUNDATION'S MISSION IS TO DELIVER JOY, LAUGHTER AND RELIEF TO CHILDREN FIGHTING A CRITICAL LONG-TERM AND LIFE-THREATENING CONDITION. THE SIGNATURE PROJECT OF THE FOUNDATION IS BAGS OF FUN. OUR GOAL IS TO DELIVER A BAG OF FUN (A BACKPACK FILLED WITH EDUCATIONAL, MANIPULATIVE, AND THERAPEUTIC TOYS THAT ARE RELEVANT TO EACH CHILD'S AGE, GENDER, DIAGNOSIS, AND INTERESTS) TO KEEP EVERY CHILD BUSY AND HAPPY DURING LONG HOSPITAL VISITS. IN 2025, WE DELIVERED 2,950 BAGS OF FUN TO HOSPITALS IN DENVER, KANSAS CITY, AND OMAHA.Expenses $1,610,567 · grants $949,531
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0946567
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G123)
- Assets (IRS master file)
- $1,332,156
- Income (IRS master file)
- $2,348,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,713,142 | $1,938,140 | $1,332,156 | XML |
| 990 | December 2024 | $1,629,647 | $1,656,447 | $1,375,410 | XML |
| 990 | December 2023 | $1,372,139 | $1,512,386 | $1,483,362 | XML |
| 990 | December 2022 | $1,491,373 | $1,391,218 | $1,721,212 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 47-0946567).
Questions about GABBY KRAUSE FOUNDATION
- What is the EIN of GABBY KRAUSE FOUNDATION?
- The employer identification number (EIN) of GABBY KRAUSE FOUNDATION is 47-0946567.
- Is GABBY KRAUSE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to GABBY KRAUSE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GABBY KRAUSE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GABBY KRAUSE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GABBY KRAUSE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GABBY KRAUSE FOUNDATION?
- The 990 for the year ended December 31, 2025 names TAMMY KRAUSE.
- Who are the officers and directors of GABBY KRAUSE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 3 received compensation from the organization, the highest $93,645 (TAMMY KRAUSE, CHAIRMAN/ED).
- How much revenue does GABBY KRAUSE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,713,142, expenses of $1,938,140 and total assets of $1,332,156 at year end.
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All nonprofits in CENTENNIAL · Colorado · Voluntary health associations and medical disciplines