Nonprofit · EIN 88-4402380
GLS LEGACY INC
Tax-exempt · FREDERICKSBRG, TX 78624
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $30,057 | $26,937 | $3,120 | $1,107,372 | $0 | $1,107,372 |
| December 31, 2023 | 990 | $1,109,000 | $4,748 | $1,104,252 | $1,104,252 | $0 | $1,104,252 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $30,057
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $25,000
- Salaries, compensation and benefits (total)
- $25,000
- Professional fundraising fees
- $0
- Legal fees
- $921
- Accounting fees
- $765
- Program services (functional)
- $25,921
- Management and general (functional)
- $1,016
Balance sheet and other
- Total assets, start of year
- $1,104,252
- Total assets, end of year
- $1,107,372
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,107,372
- Land, buildings and equipment
- $909,000
- Gross receipts
- $30,057
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2022
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT C DEFOY | DIRECTOR Trustee or director | 0 | $5,000 |
| GEORGE SEARGEANT JR | DIRECTOR Trustee or director | 0 | $5,000 |
| GARY L STALLINGS | PRESIDENT Trustee or director, Officer | 0 | $5,000 |
| CYNTHIA M STALLINGS | TREASURER Trustee or director, Officer | 0 | $5,000 |
| ERIC S PARKER | SECRETARY Trustee or director, Officer | 0 | $5,000 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT C DEFOY | DIRECTOR Officer | 0 | $0 |
| GEORGE SEARGEANT JR | DIRECTOR Officer | 0 | $0 |
| ERIC S PARKER | DIRECTOR Officer | 0 | $0 |
| GARY L STALLINGS | DIRECTOR Officer | 0 | $0 |
| CYNTHIA M STALLINGS | DIRECTOR Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2147 AMBERSTONE, FREDERICKSBRG, TX 78624-6907
- In care of
- % GARY STALLINGS
- Principal officer (990 for 2024)
- GARY L STALLINGS, 2147 AMBERSTONE, FREDERICKSBURG, TX 78624
- Signed the 990
- GARY STALLINGS, DIRECTOR
- Return prepared by
- Marc A Jacobi & Associates CPA
Mission
TO PROVIDE A COMMUNITY OF SOCIAL & PEER SUPPORT TO VETERANS & FIRST RESPONDERS, ESPECIALLY THOSE TRANSITIONING FROM SERVICE TO CIVILIAN LIFE.
Program accomplishments
- MAINTAIN PROPERTY DONATED TO ORGANIZATIONExpenses $25,921
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-4402380
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Mental health and crisis intervention (F60)
- Assets (IRS master file)
- $1,107,372
- Income (IRS master file)
- $30,057
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $30,057 | $26,937 | $1,107,372 | XML |
| 990 | December 2023 | $1,109,000 | $4,748 | $1,104,252 | XML |
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 88-4402380).
Questions about GLS LEGACY INC
- What is the EIN of GLS LEGACY INC?
- The employer identification number (EIN) of GLS LEGACY INC is 88-4402380.
- Is GLS LEGACY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to GLS LEGACY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLS LEGACY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GLS LEGACY INC 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 GLS LEGACY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GLS LEGACY INC?
- The 990 for the year ended December 31, 2024 names GARY L STALLINGS.
- Who are the officers and directors of GLS LEGACY INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $5,000 (SCOTT C DEFOY, DIRECTOR).
- How much revenue does GLS LEGACY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $30,057, expenses of $26,937 and total assets of $1,107,372 at year end.
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All nonprofits in FREDERICKSBRG · Texas · Mental health and crisis intervention