Nonprofit · EIN 87-2787392
GILSTAD LITERACY FOUNDATION INC
Tax-exempt · ARCADIA, FL 34269
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $92,101 | $136,756 | -$44,655 | $33,488 | – | $33,488 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $63,516
- Program service revenue
- $27,288
- Investment income
- $1,297
Expenses
- Grants and similar amounts paid
- $72,655
- Compensation of officers, directors and key employees
- $28,132
- Salaries, compensation and benefits (total)
- $39,556
- Other expenses
- $24,545
- Program services (functional)
- $136,756
Balance sheet and other
- Total assets, start of year
- $78,143
- Total assets, end of year
- $33,488
- Total liabilities, end of year
- –
- Net assets, end of year
- $33,488
- Cash, savings and investments
- $32,243
- Gross receipts
- $92,101
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE ZIMMER PHD | EXECUTIVE DI | 40 | $22,592 |
| GAYLIN MORRIS | EXECUTIVE DI | 40 | $5,540 |
| DENNIS J GILSTAD | CHAIRMAN | 20 | $0 |
| TIMOTHY SHAWN GILSTAD | PRES, VC, TR | 20 | $0 |
| SHERRIE MOODY | DIRECTOR | 5 | $0 |
| FRANK DESGUIN | DIRECTOR | 5 | $0 |
| JUSTIN GEROW | DIRECTOR | 5 | $0 |
| JOHN LECLAIR | TREASURER | 20 | $0 |
| BLAIR LOVEJOY | SECRETARY | 20 | $0 |
| PAUL POLK | DIRECTOR | 5 | $0 |
| CODY WALDROP | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 9940 SW PEACE RIVER ST, ARCADIA, FL 34269-5912
- In care of
- % DENNIS GILSTAD
- Signed the 990-EZ
- GAYLIN MORRIS, EXECUTIVE DIRECTOR
- Phone
- (941) 286-6931
- Return prepared by
- MCMILLAN WHITEMAN & ASSOCIATES PLLC
Mission
THE ORGANIZATION SUPPORTS AND PROMOTES EARLY CHILDHOOD DEVELOPMENT THROUGH VARIOUS LITERACY PROGRAMS IN CHARLOTE COUNTY, FLORIDA AND DESOTO COUNTY, FLORIDA.
Program accomplishments
- THE ORGANIZATION SUPPORTS CHILDREN'S LITERACY PROGRAMS.Expenses $136,756 · grants $72,655
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-EZ on file |
IRS record
- EIN
- 87-2787392
- 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
- 2022
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $33,488
- Income (IRS master file)
- $92,101
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | – | – | – | IRS |
| 990-EZ | September 2024 | – | – | – | IRS |
| 990-EZ | September 2023 | $90,455 | $96,251 | $17,130 | IRS |
| 990-EZ | September 2022 | – | – | – | 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 GILSTAD LITERACY FOUNDATION INC
- What is the EIN of GILSTAD LITERACY FOUNDATION INC?
- The employer identification number (EIN) of GILSTAD LITERACY FOUNDATION INC is 87-2787392.
- Is GILSTAD LITERACY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to GILSTAD LITERACY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GILSTAD LITERACY FOUNDATION INC 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 GILSTAD LITERACY FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GILSTAD LITERACY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who are the officers and directors of GILSTAD LITERACY FOUNDATION INC?
- The 990-EZ for the year ended September 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $22,592 (CHRISTINE ZIMMER PHD, EXECUTIVE DI).
- How much revenue does GILSTAD LITERACY FOUNDATION INC have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $92,101, expenses of $136,756 and total assets of $33,488 at year end.
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