GOLD2023

Gathering Strength Inc

Louisville, KY   |  https://gatheringstrength.org
GuideStar Charity Check

Gathering Strength Inc

EIN: 83-2347258


Mission

Gathering Strength is a disability-led organization that empowers people with physical disabilities to achieve better health, increase self-sufficiency, and be more engaged in the community.

Ruling year info

2019

Executive Director

Elizabeth Fust

Main address

2721 Shippen Ave

Louisville, KY 40206 USA

Show more contact info

EIN

83-2347258

Subject area info

Health care access

Disabled persons' rights

Medical support services

Population served info

Low-income people

People with physical disabilities

NTEE code info

Health Support Services (E60)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Exercise Services

Gathering Strength provides financial assistance to people with disabilities who live on low incomes to participate in therapeutic exercise at the only totally accessible gym in Louisville, Ky--the Community Fitness and Wellness gym.

Population(s) Served
People with physical disabilities
Low-income people

Gathering Strength creates and provides group health and wellness activities for people with disabilities such as adapted exercise, adapted yoga, stress reduction, peer support, and nutrition classes. Currently the activities are online and free of charge.

Population(s) Served

Gathering Strength advocates for inclusion of people with disabilities in all aspects of the community in Louisville, Ky. For example, it advocates for more accessible parking and public transportation, more accessible healthcare services, and more affordable and accessible housing.

Population(s) Served
People with physical disabilities
People with physical disabilities

Where we work

Financials

Gathering Strength Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

4.26

Average of 2.13 over 2 years

Months of cash in 2020 info

SOURCE: IRS Form 990

27.7

Average of 13.9 over 2 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

0%

Average of 0% over 2 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Gathering Strength Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Gathering Strength Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Gathering Strength Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Gathering Strength Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2020
Unrestricted surplus (deficit) before depreciation $25,540
As % of expenses 97.9%
Unrestricted surplus (deficit) after depreciation $25,540
As % of expenses 97.9%
Revenue composition info
Total revenue (unrestricted & restricted) $51,640
Total revenue, % change over prior year 0.0%
Program services revenue 0.0%
Membership dues 0.0%
Investment income 0.2%
Government grants 31.9%
All other grants and contributions 67.9%
Other revenue 0.0%
Expense composition info
Total expenses before depreciation $26,100
Total expenses, % change over prior year 0.0%
Personnel 0.0%
Professional fees 0.0%
Occupancy 0.0%
Interest 0.0%
Pass-through 0.0%
All other expenses 100.0%
Full cost components (estimated) info 2020
Total expenses (after depreciation) $26,100
One month of savings $2,175
Debt principal payment $0
Fixed asset additions $0
Total full costs (estimated) $28,275

Capital structure indicators

Liquidity info 2020
Months of cash 27.7
Months of cash and investments 27.7
Months of estimated liquid unrestricted net assets 21.2
Balance sheet composition info 2020
Cash $60,265
Investments $0
Receivables $0
Gross land, buildings, equipment (LBE) $0
Accumulated depreciation (as a % of LBE) 0.0%
Liabilities (as a % of assets) 23.5%
Unrestricted net assets $46,132
Temporarily restricted net assets N/A
Permanently restricted net assets N/A
Total restricted net assets $0
Total net assets $46,132

Key data checks

Key data checks info 2020
Material data errors No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Elizabeth Fust

Number of employees

Source: IRS Form 990

Gathering Strength Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Gathering Strength Inc

Board of directors
as of 03/13/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Jean Russell

Kathryn Mershon

Retired

Abby Drane

Seven Counties

Leslie Jones

Retired

Marcellus Mayes

Retired

Organizational demographics

SOURCE: Self-reported; last updated 3/13/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Gay, lesbian, bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person with a disability

Race & ethnicity

Gender identity

No data

 

No data

Sexual orientation

No data

Disability