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 |
| September 30, 2024 | 990-EZ | $179,019 | $118,006 | $61,013 | $78,143 | – | $78,143 |
| September 30, 2023 | 990-EZ | $90,455 | $96,251 | -$5,796 | $17,130 | – | $17,130 |
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 |
990-EZ for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE ZIMMER PHD | EXECUTIVE DI | 40 | $23,435 |
| DENNIS J GILSTAD | CHAIRMAN | 20 | $0 |
| TIMOTHY SHAWN GILSTAD | PRES, VC, TR | 20 | $0 |
| SHERRIE MOODY | DIRECTOR | 5 | $0 |
| ROBERT BEDFORD | 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 |
990-EZ for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE ZIMMER PHD | EXECUTIVE DI | 20 | $18,815 |
| DENNIS J GILSTAD | CHAIRMAN | 20 | $0 |
| TIMOTHY SHAWN GILSTAD | PRES, VC, TR | 20 | $0 |
| SHERRIE MOODY | DIRECTOR | 5 | $0 |
| ROBERT BEDFORT | DIRECTOR | 5 | $0 |
| FRANK DESGUIN | DIRECTOR | 5 | $0 |
| JUSTIN GEROW | DIRECTOR | 5 | $0 |
| JOHN LECLAIR | DIRECTOR | 5 | $0 |
| BLAIR LOVEJOY | DIRECTOR | 5 | $0 |
| PAUL POLK | 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 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 18, 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 | $92,101 | $136,756 | $33,488 | XML |
| 990-EZ | September 2024 | $179,019 | $118,006 | $78,143 | XML |
| 990-EZ | September 2023 | $90,455 | $96,251 | $17,130 | XML |
| 990-EZ | September 2022 | – | – | – | 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 87-2787392).
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 16, 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.
Other nonprofits in ARCADIA
- JRPRENEUR BRUNCH INC EIN 99-2639575 · last filed 990-EZ for 2025
- FM CHAMPIONS FOUNDATION INC EIN 99-4942482 · last filed 990-N for 2024
- SMITH BROWN COMMUNITY FOUNDATION INC EIN 59-3547914 · last filed 990-N for 2025
- UNIVERSITY OF FLORIDA EIN 45-3589785 · last filed 990-N for 2024
- OCEANSIDE COLLEGIATE ACADEMY INC EIN 47-3902664 · last filed 990 for 2025
- LEGION COLLEGIATE ACADEMY EIN 82-3998802 · last filed 990 for 2025
- DMH REAL ESTATE HOLDINGS INC EIN 59-2592554 · last filed 990 for 2025
- ATLANTIC COLLEGIATE ACADEMY EIN 87-4776084 · last filed 990 for 2025