Public Charity

THE GELT FOUNDATION INC

Based in LOS ANGELES, CA, THE GELT FOUNDATION INC operates as a Public Charity. The organization reported $121K in revenue, $664K in expenses for fiscal year 2023. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $150K.

EIN: 821521845 LOS ANGELES, CA Latest filing: 2023
Total Revenue$121K
Total Expenses$664K
Grant Records15
Funding Total$150K
Filing Years2018–2023

Mission

TO BE A TEMPORARY BRIDGE THAT HELPS RESIDENTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY THAT IS OUTSIDE OF THEIR CONTROL. WE PROVIDE QUALIFIED RESIDENTS HOUSING STABILITY BY PROVIDING RENTAL ASSISTANCE AND FINANCIAL EDUCATION DESIGNED TO HELP THEM BETTER MANAGE FINANCES GOING FORWARD. OUR GOAL IS TO HELP CLIENTS AVOID EVICTION AND/OR HOMELESSNESS AND TEACH THEM THE BASIC SKILLS IN FINANCIAL MANAGEMENT NOT TAUGHT IN OUR EDUCATION SYSTEM.

Sample Grants Received

2022
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$15,000
$6,000
2021
For grant recipient's exempt purposes
$13,050
2021
For grant recipient's exempt purposes
$13,050
2021
GENERAL OPERATING SUPPORT
$10,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

DIRECTOR Damian Langere
PRESIDENT Keith Wasserman
DIRECTOR Melissa Wasserman
TREASURER Mya To
EXECUTIVE DIRECTOR Therese Oswald

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$38,200 3 grants
GENERAL OPERATING SUPPORT
$20,000 2 grants
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$15,000 1 grant
General Support
$10,531 1 grant
HUMAN SERVICES
$10,118 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $121K $664K
2022 $390K $515K $543K
2020 $604K $222K $559K
2019 $186K $96K $173K
2018 $161K $120K $96K

Between 2018 and 2023, reported annual revenue declined from $161K to $121K (-25%).

Interactive year-over-year charts and full filing details available with membership.

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