Grandparents Community Network Inc

EIN: 920505666 501(c)(3) Human Services

FRISCO, TX

Total Revenue
$119,497
Total Expenses
$117,694
Total Assets
$7,873
Net Assets
$1,803
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Principal Officer
Gloria Bolden
Phone
2295752280
Tax Period
2025-01-01 to 2025-12-31

Grandparents Community Network Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $119K in total revenue in fiscal year 2025.

Mission

The Grandparents Community Network TGCN is committed to safeguarding the future of grandchildren affected by systemic neglect disrupted support systems and the consequences of substance abuse at home. We provide advocacy education and direct support to empower grandparents caring for these vulnerable children. By providing tools and resources for healing resilience and long-term opportunities we enhance family bonds and community empowerment.

Program Service Accomplishments

Program 1
Expenses: $90,063 Revenue: $0

The Direct Needs Program provides emergency assistance to grandparents raising grandchildren through housing stabilization utilities food support transportation assistance and other essential...

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The Direct Needs Program provides emergency assistance to grandparents raising grandchildren through housing stabilization utilities food support transportation assistance and other essential household needs. Program outcomes are measured through key performance indicators including number of families assisted housing stability maintained and children supported through basic needs stabilization.

Program 2
Expenses: $3,705 Revenue: $0

Backpacks of Hope is a program that distributes backpacks and school supply kits to children living in grandfamilies being raised by grandparents to support educational readiness and reduce financial...

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Backpacks of Hope is a program that distributes backpacks and school supply kits to children living in grandfamilies being raised by grandparents to support educational readiness and reduce financial hardship for caregiving households. During the year the program distributed approximately 430 backpacks and school supply kits helping children begin the school year with essential learning materials and supporting more than 200 grandparent-led households.

Program 3
Expenses: $200 Revenue: $0

Christmas Village of Lights is a holiday assistance program that distributes toys winter clothing and essential items to children being raised by grandparents experiencing financial hardship. During...

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Christmas Village of Lights is a holiday assistance program that distributes toys winter clothing and essential items to children being raised by grandparents experiencing financial hardship. During the year the program served approximately 250 children through the distribution of donated toys winter clothing and other seasonal support items.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $119,497
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $119,497

Expense Breakdown

Grants Paid $72,949
Salaries & Benefits $0
Fundraising Expenses $500
Program Expenses $93,968
Other Expenses $44,745
TOTAL EXPENSES $117,694

Year-over-Year Comparison

2025 2024 Change
Revenue $119,497 N/A N/A
Expenses $117,694 N/A N/A
Net Income $1,803 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Venice Johnson Executive Board Member 2.00
Director
$0 $0 $0
Aundrea Mills Board Member 2.00
Director
$0 $0 $0
Paul Mills Board Member 2.00
Director
$0 $0 $0
Priscilla Newbon Financial Director -Board Member 40.00
Officer Director
$0 $0 $0
Gloria Bolden Founder-Executive Director 60.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $119,497 $117,694 $7,873 $1,803
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