Nonprofit · EIN 85-0935933
GENERATING INCOME FOR TOMORROW
Also known as GIFT
Tax-exempt · KANSAS CITY, MO 64130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $1,041,895 | $1,654,332 | -$612,437 | $218,162 | $109,196 | $108,966 |
| April 30, 2024 | 990 | $2,081,978 | $1,765,737 | $316,241 | $877,664 | $156,261 | $721,403 |
| April 30, 2023 | 990 | $1,649,614 | $1,530,573 | $119,041 | $511,446 | $106,284 | $405,162 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $1,085,481
- Program service revenue
- $444
- Investment income
- $196
- Net income from fundraising events
- -$44,226
- Other revenue
- -$44,226
Expenses
- Grants and similar amounts paid
- $351,007
- Compensation of officers, directors and key employees
- $390,870
- Other salaries and wages
- $405,325
- Salaries, compensation and benefits (total)
- $916,852
- Professional fundraising fees
- $0
- Legal fees
- $10,291
- Accounting fees
- $1,715
- Occupancy
- $162,810
- Travel
- $13,434
- Program services (functional)
- $1,196,800
- Management and general (functional)
- $223,744
- Fundraising (functional)
- $233,788
Balance sheet and other
- Total assets, start of year
- $877,664
- Total assets, end of year
- $218,162
- Total liabilities, end of year
- $109,196
- Net assets, end of year
- $108,966
- Gross receipts
- $1,118,621
- Employees
- 12
- Volunteers
- 25
- Year formed
- 2020
- State of legal domicile
- MO
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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRANDON CALLOWAY | CEO, PRESIDENT Trustee or director, Officer | 40 | $122,192 | $15,086 |
| CORNELL GORMAN | COO, VICE PRESIDENT Trustee or director, Officer | 40 | $111,462 | $14,524 |
| KARIS HARRINGTON | CPO, SECRETARY Trustee or director, Officer | 40 | $111,462 | $13,184 |
| D'JUAN LOVE | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| RYONDA HALL | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| CYNTHIA BENBOW | DIRECTOR Trustee or director | 3 | $0 | $0 |
| DESHAWN BURTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICK LEATHERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EZE REDWOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended April 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRANDON CALLOWAY | CEO, PRESIDENT Trustee or director, Officer | 40 | $101,990 |
| KARIS HARRINGTON | CHIEF OF DEVELOPMENT, SECRETARY Trustee or director, Officer | 40 | $97,000 |
| CORNELL GORMAN | COO, VICE PRESIDENT Trustee or director, Officer | 40 | $97,000 |
| D'JUAN LOVE | BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| RYONDA HALL | TREASURER Trustee or director, Officer | 3 | $0 |
| CYNTHIA BENBOW | DIRECTOR Trustee or director | 3 | $0 |
| TONIKA BROCKMAN | DIRECTOR Trustee or director | 2 | $0 |
| DESHAWN BURTON | DIRECTOR Trustee or director | 2 | $0 |
| RICK LEATHERS | DIRECTOR Trustee or director | 2 | $0 |
| EZE REDWOOD | DIRECTOR Trustee or director | 2 | $0 |
| ANTONIA UWAEKE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended April 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRANDON CALLOWAY | CEO, PRESIDENT Trustee or director, Officer | 40 | $87,500 |
| KARIS HARRINGTON | CHIEF OF DEVELOPMENT, SECRETARY Trustee or director, Officer | 40 | $86,000 |
| CORNELL GORMAN | COO, VICE PRESIDENT Trustee or director, Officer | 40 | $85,000 |
| D'JUAN LOVE | BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| RYONDA HALL | TREASURER Trustee or director, Officer | 3 | $0 |
| CYNTHIA BENBOW | DIRECTOR Trustee or director | 3 | $0 |
| TONIKA BROCKMAN | DIRECTOR Trustee or director | 2 | $0 |
| DESHAWN BURTON | DIRECTOR Trustee or director | 2 | $0 |
| RICK LEATHERS | DIRECTOR Trustee or director | 2 | $0 |
| EZE REDWOOD | DIRECTOR Trustee or director | 2 | $0 |
| ANTONIA UWAEKE | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5008 PROSPECT AVE, KANSAS CITY, MO 64130-2651
- In care of
- % BRANDON CALLOWAY
- Principal officer (990 for 2024)
- BRANDON CALLOWAY, 5008 PROSPECT AVE, KANSAS CITY, MO 64130
- Signed the 990
- BRANDON CALLOWAY, CEO
- Phone
- (816) 766-7860
- Website
- WWW.KANSASCITYGIFT.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO PROVIDE ASSISTANCE TO MINORITY-OWNED BUSINESSES IN KANSAS CITY, MO LOW-INCOME AREAS IN THE FORM OF BUSINESS GRANTS AND BACK OFFICE BUSINESS SUPPORT SERVICES.
Program accomplishments
- THE CORE MISSION OF GENERATING INCOME FOR TOMORROW (GIFT) IS TO CLOSE OUR LOCAL RACIAL WEALTH GAP, REDUCE POVERTY RELATED CRIME, AND PROVIDE ECONOMIC OPPORTUNITY FOR THE BLACK COMMUNITY. WE DO THIS BY PROVIDING GRANTS AND TECHNICAL SUPPORT TO BLACK-OWNED BUSINESSES THAT OPERATE IN THE HISTORICALLY REDLINED AREAS OF KANSAS CITY. OUR GRANT PROGRAM PROVIDES BUSINESS GRANTS TO FOR-PROFIT, BLACK-OWNED BUSINESSES, LOCATED AND OPERATED EAST OF TROOST AVE. GRANTS RANGE FROM $10,000 TO $50,000. WE ALSO PROVIDE A YEAR'S WORTH OF TECHNICAL ASSISTANCE TO ALL GRANTEES. THIS INCLUDES BUSINESS COACHING, BOOKKEEPING, LEGAL, AND MARKETING SUPPORT. (CONTINUED ON SCHEDULE O)WE ALSO HAVE A 7,500 SQUARE FOOT BUSINESS CENTER THAT PROVIDES ONE-ON-ONE SERVICES SUCH AS BUSINESS COACHING, MARKETING STRATEGY, WEBSITE DEVELOPMENT, QUICKBOOKS SET UP, AND LEGAL CONSULTING TO ANYONE IN THE GREATER KANSAS CITY AREA THAT OWNS, OR WANTS TO START A BUSINESS, THROUGH ONE HIGHLY ACCESSIBLE LOCATION. TO SUPPLEMENT THE ONE-ON-ONE OFFERINGS, WE PROVIDE A PLETHORA OF GROUP CLASSES, AS WELL AS AMENITIES LIKE COWORKING SPACE, HEADSHOTS, STUDIO, AND ONSITE BANKING. THIS IS ALL PROVIDED COMPLETELY FREE OF CHARGE TO ANYONE THAT WANTS TO USE THE SERVICES, NO MATTER WHAT RACE, ETHNICITY, OR ANY OTHER IDENTIFYING FACTOR. IN FY25, THE GIFT GRANT PROGRAM PROVIDED GRANT FUNDING TO 12 DIFFERENT MINORITY OWNED BUSINESSES WHICH RESULTED IN THE CREATION OF 30 DIFFERENT NEW JOBS AND 209% AVERAGE REVENUE GROWTH OF GRANTEES.Expenses $1,196,800 · grants $351,007 · revenue $444
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 85-0935933
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $218,162
- Income (IRS master file)
- $1,118,621
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $1,041,895 | $1,654,332 | $218,162 | XML |
| 990 | April 2024 | $2,081,978 | $1,765,737 | $877,664 | XML |
| 990 | April 2023 | $1,649,614 | $1,530,573 | $511,446 | XML |
| 990 | April 2022 | $1,133,745 | $981,288 | $295,787 | IRS |
| 990 | December 2020 | – | – | – | 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 85-0935933).
Questions about GENERATING INCOME FOR TOMORROW
- What is the EIN of GENERATING INCOME FOR TOMORROW?
- The employer identification number (EIN) of GENERATING INCOME FOR TOMORROW is 85-0935933.
- Is GENERATING INCOME FOR TOMORROW tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to GENERATING INCOME FOR TOMORROW tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GENERATING INCOME FOR TOMORROW 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 GENERATING INCOME FOR TOMORROW due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GENERATING INCOME FOR TOMORROW last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of GENERATING INCOME FOR TOMORROW?
- The 990 for the year ended April 30, 2025 names BRANDON CALLOWAY.
- Who are the officers and directors of GENERATING INCOME FOR TOMORROW?
- The 990 for the year ended April 30, 2025 lists 9 people; 3 received compensation from the organization, the highest $122,192 (BRANDON CALLOWAY, CEO, PRESIDENT).
- How much revenue does GENERATING INCOME FOR TOMORROW have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $1,041,895, expenses of $1,654,332 and total assets of $218,162 at year end.
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- NATIONAL PORTABLE STORAGE ASSOCIATION EIN 48-1272653 · last filed 990 for 2025
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All nonprofits in KANSAS CITY · Missouri · Community improvement and capacity building