Nonprofit · EIN 57-1083197
GAVALAS-KOLANKO FOUNDATION INC
Tax-exempt · MT PLEASANT, SC 29465
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-EZ | $7,504 | $18,508 | -$11,004 | $13,636 | – | $13,636 |
| November 30, 2024 | 990-EZ | $16,509 | $18,421 | -$1,912 | $24,640 | – | $24,640 |
| November 30, 2023 | 990-EZ | $3,253 | $21,500 | -$18,247 | $26,552 | – | $26,552 |
Financial details: 990-EZ for the year ended November 30, 2025
Revenue
- Contributions, gifts and grants
- $7,500
- Investment income
- $4
Expenses
- Grants and similar amounts paid
- $12,500
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,018
- Printing, publications and postage
- $244
- Other expenses
- $3,746
- Program services (functional)
- $13,250
Balance sheet and other
- Total assets, start of year
- $24,640
- Total assets, end of year
- $13,636
- Total liabilities, end of year
- –
- Net assets, end of year
- $13,636
- Cash, savings and investments
- $13,636
- Gross receipts
- $7,504
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-EZ for the year ended November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS B GAVALAS | CFO | 0 | $0 |
| SHELBY SMITH | EXECUTIVE DI | 0 | $0 |
| CATHERINE GAVALAS | TREASURER | 0 | $0 |
| TOMMY BAKER | DIRECTOR | 0 | $0 |
| JOSHUA BROOME | DIRECTOR | 0 | $0 |
| PAUL STEADMAN | DIRECTOR | 0 | $0 |
| BENNY FIRESTONE | DIRECTOR | 0 | $0 |
| JERRY WIGGER | DIRECTOR | 0 | $0 |
| ALEX JACKSON | DIRECTOR | 0 | $0 |
| JACK HALL | DIRECTOR | 0 | $0 |
| DEAN RIEGEL | DIRECTOR | 0 | $0 |
| JOHN KACHMARSKY | DIRECTOR | 0 | $0 |
| ERIN KIENZLE GIGIS | DIRECTOR | 0 | $0 |
| JOHN PAULDINE | DIRECTOR | 0 | $0 |
| CHRIS BETROS | DIRECTOR | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY BRYANT | DIRECTOR | 0 | $0 |
990-EZ for the year ended November 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS B GAVALAS | CFO | 5 | $0 |
| SHELBY SMITH | EXECUTIVE DI | 1 | $0 |
| CATHERINE GAVALAS | TREASURER | 4 | $0 |
| TOMMY BAKER | DIRECTOR | 0 | $0 |
| JOSHUA BROOME | DIRECTOR | 0 | $0 |
| PAUL STEADMAN | DIRECTOR | 0 | $0 |
| BENNY FIRESTONE | DIRECTOR | 0 | $0 |
| JERRY WIGGER | DIRECTOR | 0 | $0 |
| ALEX JACKSON | DIRECTOR | 0 | $0 |
| JACK HALL | DIRECTOR | 0 | $0 |
| DEAN RIEGEL | DIRECTOR | 0 | $0 |
| JOHN KACHMARSKY | DIRECTOR | 0 | $0 |
| ERIN KIENZLE GIGIS | DIRECTOR | 0 | $0 |
| JOHN PAULDINE | DIRECTOR | 0 | $0 |
| CHRIS BETROS | DIRECTOR | 0 | $0 |
| CINDY BRYANT | DIRECTOR | 0 | $0 |
990-EZ for the year ended November 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLAS B GAVALAS | CFO | 0 | $0 |
| SHELBY SMITH | EXECUTIVE DI | 0 | $0 |
| CATHERINE GAVALAS | TREASURER | 0 | $0 |
| TOMMY BAKER | DIRECTOR | 0 | $0 |
| JOSHUA BROOME | DIRECTOR | 0 | $0 |
| PAUL STEADMAN | DIRECTOR | 0 | $0 |
| BENNY FIRESTONE | DIRECTOR | 0 | $0 |
| JERRY WIGGER | DIRECTOR | 0 | $0 |
| ALEX JACKSON | DIRECTOR | 0 | $0 |
| JACK HALL | DIRECTOR | 0 | $0 |
| DEAN RIEGEL | DIRECTOR | 0 | $0 |
| JOHN KACHMARSKY | DIRECTOR | 0 | $0 |
| ERIN KIENZLE GIGIS | DIRECTOR | 0 | $0 |
| JOHN PAULDINE | DIRECTOR | 0 | $0 |
| CHRIS BETROS | DIRECTOR | 0 | $0 |
| CINDY BRYANT | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1893, MT PLEASANT, SC 29465-1893
- In care of
- % NICHOLAS B GAVALAS
- Signed the 990-EZ
- CATHERINE GAVALAS, TREASURER
- Phone
- (843) 856-5530
- Website
- WWW.GKFOUNDATION.ORG
- Return prepared by
- MCGUIRE & CO LLC
Mission
PROVIDE SCHOLARSHIP MONEY TO PHYSICALLY HANDICAPPED COLLEGE STUDENTS
Program accomplishments
- 7 SCHOLARSHIPS WERE AWARDED THROUGH 3 COLLEGES TO DISABLED STUDENTS.Expenses $13,250 · grants $12,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-EZ on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-EZ on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 57-1083197
- 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
- 2001
- Accounting year ends
- November
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $13,636
- Income (IRS master file)
- $7,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | November 2025 | $7,504 | $18,508 | $13,636 | XML |
| 990-EZ | November 2024 | $16,509 | $18,421 | $24,640 | XML |
| 990-EZ | November 2023 | $3,253 | $21,500 | $26,552 | XML |
| 990-EZ | November 2022 | – | – | – | IRS |
| 990-EZ | November 2021 | – | – | – | IRS |
| 990-EZ | November 2020 | – | – | – | IRS |
| 990-EZ | November 2019 | – | – | – | IRS |
| 990-EZ | November 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 57-1083197).
Questions about GAVALAS-KOLANKO FOUNDATION INC
- What is the EIN of GAVALAS-KOLANKO FOUNDATION INC?
- The employer identification number (EIN) of GAVALAS-KOLANKO FOUNDATION INC is 57-1083197.
- Is GAVALAS-KOLANKO FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to GAVALAS-KOLANKO FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GAVALAS-KOLANKO FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GAVALAS-KOLANKO FOUNDATION INC due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GAVALAS-KOLANKO FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended November 2025.
- Who are the officers and directors of GAVALAS-KOLANKO FOUNDATION INC?
- The 990-EZ for the year ended November 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does GAVALAS-KOLANKO FOUNDATION INC have?
- On its 990-EZ for the year ended November 30, 2025 it reported revenue of $7,504, expenses of $18,508 and total assets of $13,636 at year end.
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All nonprofits in MT PLEASANT · South Carolina · Philanthropy, voluntarism and grantmaking foundations