Nonprofit · EIN 84-5048084
GK FUND INC
Also known as GK FUND
Tax-exempt · CHARLESTOWN, MA 02129
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $79,100 | $130,432 | -$51,332 | $191,927 | $0 | $191,927 |
| December 31, 2024 | 990 | $268,606 | $77,015 | $191,591 | $243,259 | $0 | $243,259 |
| December 31, 2023 | 990-EZ | $17,203 | $124,892 | -$107,689 | $51,667 | $0 | $51,667 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $79,100
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $30,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Program services (functional)
- $70,184
- Management and general (functional)
- $60,248
Balance sheet and other
- Total assets, start of year
- $243,259
- Total assets, end of year
- $191,927
- Total liabilities, end of year
- $0
- Net assets, end of year
- $191,927
- Net assets without donor restrictions
- $191,927
- Gross receipts
- $79,100
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANURADHA YADAV | DIRECTOR Trustee or director | 1 | $0 |
| COLETTE PHILLIPS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| EVELYN MURPHY | DIRECTOR Trustee or director | 1 | $0 |
| HERBY DUVERNE | DIRECTOR Trustee or director | 1 | $0 |
| RON LEVIN | DIRECTOR Trustee or director | 1 | $0 |
| SASKIA EPSTEIN | DIRECTOR Trustee or director | 1 | $0 |
| SEAN CURRAN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PORTIN | DIRECTOR Trustee or director | 1 | $0 |
| CORIE FLETCHER | DIRECTOR Trustee or director | 1 | $0 |
| JACK STEELE | DIRECTOR Trustee or director | 1 | $0 |
| ALLISON BYERS | DIRECTOR Trustee or director | 1 | $0 |
| MARIA DESIMONE | TREASURER/CLERK Officer | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANUDRADHA YADAV | DIRECTOR Trustee or director | 1 | $0 |
| CA WEBB | DIRECTOR Trustee or director | 1 | $0 |
| COLETTE PHILLIPS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DARREN DONOVAN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| EVELYN MURPHY | DIRECTOR Trustee or director | 1 | $0 |
| G RYAN ANSIN | DIRECTOR Trustee or director | 1 | $0 |
| GEOFFREY CARABOOLAD | DIRECTOR Trustee or director | 1 | $0 |
| HERBY DUVERNE | DIRECTOR Trustee or director | 1 | $0 |
| JAY GONZALEZ | DIRECTOR Trustee or director | 1 | $0 |
| RICK MUSIOL | DIRECTOR Trustee or director | 1 | $0 |
| RON LEVIN | DIRECTOR Trustee or director | 1 | $0 |
| SASKIA EPSTEIN | DIRECTOR Trustee or director | 1 | $0 |
| SEAN CURRAN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PORTIN | DIRECTOR Trustee or director | 1 | $0 |
| ANDRE PORTER | CLERK Officer | 1 | $0 |
| MARIA DESIMONE | TREASURER Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDRE PORTER | CLERK | 1 | $0 |
| ANUDRADHA YADAV | DIRECTOR | 1 | $0 |
| CA WEBB | DIRECTOR | 1 | $0 |
| COLETTE PHILLIPS | PRESIDENT | 1 | $0 |
| DARREN DONOVAN | DIRECTOR | 1 | $0 |
| DAVID BRIGHT | DIRECTOR | 1 | $0 |
| EVELYN MURPHY | DIRECTOR | 1 | $0 |
| G RYAN ANSIN | DIRECTOR | 1 | $0 |
| GEOFFREY CARABOOLAD | DIRECTOR | 1 | $0 |
| HERBY DUVERNE | DIRECTOR | 1 | $0 |
| JAY GONZALEZ | DIRECTOR | 1 | $0 |
| MARIA DESIMONE | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 529 MAIN ST STE P200, CHARLESTOWN, MA 02129-1134
- In care of
- % COLETTE PHILLIPS
- Principal officer (990 for 2025)
- COLETTE PHILLIPS, 529 MAIN ST STE P200, CHARLESTOWN, MA 02129
- Signed the 990
- COLETTE PHILLIPS, PRESIDENT
- Phone
- (617) 357-5777
- Website
- THEGKFUND.ORG
- Return prepared by
- LEE & CROWLEY LLC
Mission
THE ORGANIZATION'S MISSION IS TO SUPPORT THE GROWTH OF MINORITY AND WOMEN OWNED OR OPERATED COMPANIES. THE FUND WILL SERVE AS A VEHICLE FOR CORPORATIONS AND NONPROFITS TO MAKE SOCIAL INVESTMENTS, CREATE NEW INITIATIVES, OFFER RESOURCES, ENGAGE IN MENTORING AND TAKE OTHER MEASURES.
Program accomplishments
- THE ORGANIZATION WORKS TO CLOSE THE RACE AND GENDER WEALTH GAP BY INCREASING ACCESS TO CAPITAL, PROVIDING MENTORSHIP, FREE LEGAL SERVICES AND OTHER RESOURCES TO ENTREPRENEURS FROM UNDERREPRESENTED GROUPS, INCLUDING BUT NOT LIMITED TO FOUNDERS WHO IDENTIFY AS BIPOC, WOMEN, LGBTQIA, OR VETERAN OF THE U.S. ARMED FORCES.Expenses $70,184 · grants $30,000
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 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-5048084
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $191,927
- Income (IRS master file)
- $79,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $79,100 | $130,432 | $191,927 | XML |
| 990 | December 2024 | $268,606 | $77,015 | $243,259 | XML |
| 990-EZ | December 2023 | $17,203 | $124,892 | $51,667 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | 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 84-5048084).
Questions about GK FUND INC
- What is the EIN of GK FUND INC?
- The employer identification number (EIN) of GK FUND INC is 84-5048084.
- Is GK FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to GK FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GK FUND 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 GK FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GK FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GK FUND INC?
- The 990 for the year ended December 31, 2025 names COLETTE PHILLIPS.
- Who are the officers and directors of GK FUND INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does GK FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $79,100, expenses of $130,432 and total assets of $191,927 at year end.
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All nonprofits in CHARLESTOWN · Massachusetts · Community improvement and capacity building