Skip to content
ProPublica Donate

Gostomski Foundation

Michael M Gostomski Ttee

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Interfaith Issues (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.23M (2024)

Expenses
$929k (2024)

Total Assets
$18.3M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,231,900
Expenses
$929,310
Net Income
$302,590
Net Assets
$18,304,923
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $257,113
20.9%
Interest Revenue $0
Dividends $513,279
41.7%
Sales of Assets $633,883
51.5%
Other Income -$172,375
Notable Expenses Percent of Total Expenses
Charitable Disbursements $678,848
73.0%
Compensation of Officers* $90,000
9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,304,923
Total Liabilities $0
Net Assets $18,304,923
Compensation
Key Employees and Officers Compensation Other
James C Gostomski (Advisor) $90,000 $0
Michael M Gostomski (Trustee) $0 $0
John Staab (Co Trustee) $0 $0
Christopher Hughes (Co Trustee) $0 $0
Adam Damerow (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,328,228
Expenses
$1,284,761
Net Income
$43,467
Net Assets
$18,257,030
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $495,915
37.3%
Interest Revenue $0
Dividends $450,192
33.9%
Sales of Assets $255,947
19.3%
Other Income $126,174
9.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $716,403
55.8%
Compensation of Officers* $90,000
7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,347,578
Total Liabilities $90,548
Net Assets $18,257,030
Compensation
Key Employees and Officers Compensation Other
James C Gostomski (Advisor) $90,000 $0
Michael M Gostomski (Trustee) $0 $0
John Staab (Co Trustee) $0 $0
Christopher Hughes (Co Trustee) $0 $0
Adam Damerow (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,156,598
Expenses
$1,008,903
Net Income
$147,695
Net Assets
$18,713,194
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $399,444
34.5%
Sales of Assets $1,026,043
88.7%
Other Income -$268,889
Notable Expenses Percent of Total Expenses
Charitable Disbursements $553,607
54.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,808,242
Total Liabilities $95,048
Net Assets $18,713,194
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0
John Staab (Co Trustee) $0 $0
Christopher Hughes (Co Trustee) $0 $0
Adam Damerow (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,379,289
Expenses
$929,874
Net Income
$449,415
Net Assets
$18,562,886
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,014
0.5%
Dividends $804,774
58.3%
Sales of Assets $492,468
35.7%
Other Income $75,033
5.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $465,781
50.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,828,695
Total Liabilities $265,809
Net Assets $18,562,886
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0
John Staab (Co Trustee) $0 $0
Christopher Hughes (Co Trustee) $0 $0
Adam Damerow (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,751,317
Expenses
$2,035,512
Net Income
$715,805
Net Assets
$18,018,091
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $97
0.0%
Dividends $435,469
15.8%
Sales of Assets $2,293,419
83.4%
Other Income $22,332
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $964,064
47.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,217,122
Total Liabilities $199,031
Net Assets $18,018,091
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,560,661
Expenses
$1,643,534
Net Income
$8,917,127
Net Assets
$17,263,448
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $163,116
1.5%
Dividends $1,121,439
10.6%
Sales of Assets $9,276,106
87.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,279,991
77.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,340,142
Total Liabilities $76,694
Net Assets $17,263,448
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$159,367
Expenses
$911,509
Net Income
-$1,070,876
Net Assets
$4,791,665
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $30,495
Sales of Assets -$19,398
Other Income -$170,464
Notable Expenses Percent of Total Expenses
Charitable Disbursements $867,987
95.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,791,665
Total Liabilities $0
Net Assets $4,791,665
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$317,976
Expenses
$776,430
Net Income
-$458,454
Net Assets
$5,862,541
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $21,132
6.6%
Dividends $31,236
9.8%
Sales of Assets $313,504
98.6%
Other Income -$47,896
Notable Expenses Percent of Total Expenses
Charitable Disbursements $678,185
87.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,862,541
Total Liabilities $0
Net Assets $5,862,541
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,064,196
Expenses
$519,602
Net Income
$544,594
Net Assets
$6,004,336
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $42,841
4.0%
Dividends $64,586
6.1%
Sales of Assets $949,873
89.3%
Other Income $6,896
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $461,488
88.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $6,004,336
Total Liabilities $0
Net Assets $6,004,336
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,186,223
Expenses
$913,748
Net Income
$2,272,475
Net Assets
$5,459,742
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,086,240
96.9%
Interest Revenue $46,612
1.5%
Dividends $40,047
1.3%
Sales of Assets -$74,591
Other Income $87,915
2.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $797,657
87.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,459,742
Total Liabilities $0
Net Assets $5,459,742
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$373,501
Expenses
$722,642
Net Income
-$349,141
Net Assets
$3,187,267
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,955
0.5%
Dividends $105,190
28.2%
Sales of Assets $203,396
54.5%
Other Income $62,960
16.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $601,110
83.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,187,267
Total Liabilities $0
Net Assets $3,187,267
Compensation
Key Employees and Officers Compensation Other
Michael M Gostomski (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,786,066
Expenses
$249,658
Net Income
$3,536,408
Net Assets
$3,536,408
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,699,821
97.7%
Interest Revenue $18
0.0%
Dividends $21,247
0.6%
Sales of Assets $64,963
1.7%
Other Income $17
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $230,000
92.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,536,408
Total Liabilities $0
Net Assets $3,536,408

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us