Public Charity

Great Khalid Foundation Inc

Great Khalid Foundation Inc, of East Point, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $113K in revenue, $152K in expenses, $18K in total assets. 4 publicly reported grants to this organization, totaling roughly $131K, appear in IRS filings.

EIN: 834629710 East Point, GA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$113K
Total Expenses$152K
Total Assets$18K
Grant Records4
Funding Total$131K
Filing Years2019–2024

Mission

The Great Khalid Foundation is committed to impacting the lives of children by alleviating a burden of need. We are reaching out when it matters most, when a supportive gesture can make all the difference. We believe that the power of music not only has the ability to build confidence and camaraderie, we believe that it positively impacts social change for children, families and communities. We are committed to creating an atmosphere of support and freedom for kids to dream BIG! Through our music education programs, scholarship awards, community partnerships and gift giveaways, we are investing in our children and their future.

Where $100 goes at Great Khalid Foundation Inc

How Great Khalid Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$35 Programs the work itself
$65 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $35 for programs

$12
The Performing Arts Scholarship is a $10,000 merit-based scholarship awarded to high school seniors pursuing higher education in a performing arts program
34% of program spending
$12
Christmas with Khalid is an El Paso area need-based program striving to keep the spirit of Christmas alive for young children who might not otherwise have a gift…
About 33% (cost not reported)
$11
Statement Four:Honoring Parents: Let's Celebrate Mom Mother's Day Contest and Dad's Day Out Father's Day Contest is an essay contest presented in partnership with the El Paso Public…
About 33% (cost not reported) · Reported in the filing: 1,700 backpacks
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Member Anthony Tomasheski
Vice Chairman Courtney Stewart
Chairman Khalid Robinson
President Linda Wolfe
Treasurer & Secretary Reginald Morris

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,000 2 grants
Unspecified
$120,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $113K $152K $18K
2023 $265K $215K $60K
2022 $223K $285K $33K
2020 $254K $265K $223K
2019 $398K $190K $235K

Between 2019 and 2024, reported annual revenue declined from $398K to $113K (-71%), with total assets most recently reported at $18K.

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

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