Civic Intelligence

Galen Gibson Scholarship Trust

EIN 04-3438130 • 501(c)3 • Gloucester, MA

Profile

To provide financial aid to graduates of gloucester mass. High school

77 Langsford StreetGloucester, MA 01930

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

23%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

96%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$96,693

Up $18,190 (+23%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$96,693

Up $18,190 (+23%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Up

$42,342

Up $20,775 (+96%) from 2023

Expenses

Up

$26,826

Up $5,281 (+25%) from 2023

Net Income

Up

$15,516

Up $15,494 (+70427%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2016: $48,941Liabilities 2016: $02016Assets 2017: $49,517Liabilities 2017: $0Net Assets 2017: $49,5172017Assets 2018: $45,037Liabilities 2018: $0Net Assets 2018: $45,0372018Assets 2019: $75,637Liabilities 2019: $0Net Assets 2019: $75,6372019Assets 2020: $60,684Liabilities 2020: $0Net Assets 2020: $60,6842020Assets 2021: $100,771Liabilities 2021: $0Net Assets 2021: $100,7712021Assets 2022: $78,481Liabilities 2022: $0Net Assets 2022: $78,4812022Assets 2023: $78,503Liabilities 2023: $0Net Assets 2023: $78,5032023Assets 2024: $96,693Net Assets 2024: $96,6932024

Highlighted filing

2024

Assets$96,693
Liabilities-
Net Assets$96,693
Open 2024 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2016: $3,266Expenses 2016: $9,484Net Income 2016: -$6,2182016Revenue 2017: $6,473Expenses 2017: $8,364Net Income 2017: -$1,8912017Revenue 2018: $15,679Expenses 2018: $14,701Net Income 2018: $9782018Revenue 2019: $47,835Expenses 2019: $22,861Net Income 2019: $24,9742019Revenue 2020: $17,587Expenses 2020: $31,246Net Income 2020: -$13,6592020Revenue 2021: $55,110Expenses 2021: $20,320Net Income 2021: $34,7902021Revenue 2022: $40,115Expenses 2022: $52,986Net Income 2022: -$12,8712022Revenue 2023: $21,567Expenses 2023: $21,545Net Income 2023: $222023Revenue 2024: $42,342Expenses 2024: $26,826Net Income 2024: $15,5162024

Highlighted filing

2024

Revenue$42,342
Expenses$26,826
Net Income$15,516
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,693
Liabilities
-
Net assets
$96,693
Revenue
$42,342
Expenses
$26,826
Net income
$15,516
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.97$0.42$0.27$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.22$0.22$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.40$0.53$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.55$0.20$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$0.18$0.31$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$0.48$0.23$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.16$0.15$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.06$0.08$0.02
2016Summary only. Only limited summary data is available for this year.$0.49$0.00$0.03$0.09$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.0
Gross Receipts
$42,809
Mission and Program Overview

Mission

To provide financial aid to graduates of gloucester mass. High school

Program Services

DescriptionGrantsExpenses
DONATIONS & SCHOLARSHIPS AWARDS-$24,952
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREGORY A GIBSONPresident-$0--
ANNE MARIE CROTTYDirector-$0--
MARY TESS CROTTYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Galen Gibson Scholarship Trust
EIN
04-3438130
Phone
9782835299
Address
77 LANGSFORD STREET, GLOUCESTER, MA 01930

Signing Officer

Name
Gregory a Gibson
Title
President
Phone
9782835299
Signed
2025-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Doreen R Carter CPA
Address
2 MARY HELEN WAY, ROCKPORT, MA 01966
Preparer
Doreen R Carter
Phone
9785462921
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses travel 1,035 donations/scholarships 24,952 tax filing fee 36 bank fees 150 business meeting-meals 294 total 26,467”

Form 990-ez, Part I, Line 20

“Change in market value 2,676”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GREGORY A GIBSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09782835299
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt077 LANGSFORD STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLOUCESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001930
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt078501
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt096693
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt037185
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0467
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015516
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt078501
IRS990EZ/Form990TotalAssetsGrp/EOYAmt096693
IRS990EZ/GainOrLossFromSaleOfAssetsAmt01994
IRS990EZ/GrossReceiptsAmt042809
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03163
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt078501
IRS990EZ/NetAssetsOrFundBalancesEOYAmt096693
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt078501
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt096693
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GREGORY A GIBSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANNE MARIE CROTTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY TESS CROTTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt02676
IRS990EZ/OtherExpensesTotalAmt026467
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL AID TO GRADUATES OF GLOUCESTER MASS. HIGH SCHOOL
IRS990EZ/PrintingPublicationsPostageAmt0359
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DONATIONS & SCHOLARSHIPS AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024952
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt02461
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026826
IRS990EZ/TotalProgramServiceExpensesAmt024952
IRS990EZ/TotalRevenueAmt042342
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt035495
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt050666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0155581
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02801
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01954
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01986
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02801
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01954
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01986
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012310
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.06000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92670
IRS990ScheduleA/PublicSupportPY509Pct00.93530
IRS990ScheduleA/PublicSupportTotal509Amt0155583
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt037187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt016910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt035495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt050666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt015325
IRS990ScheduleA/Total509Grp/TotalAmt0155583
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040348
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt019711
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt037903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt052620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt017311
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0167893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL 1,035 DONATIONS/SCHOLARSHIPS 24,952 TAX FILING FEE 36 BANK FEES 150 BUSINESS MEETING-MEALS 294 TOTAL 26,467
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHANGE IN MARKET VALUE 2,676
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY A GIBSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09782835299
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GALEN GIBSON SCHOLARSHIP TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GALE
ReturnHeader/Filer/EIN0043438130
ReturnHeader/Filer/PhoneNum09782835299
ReturnHeader/Filer/USAddress/AddressLine1Txt077 LANGSFORD STREET
ReturnHeader/Filer/USAddress/CityNm0GLOUCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001930
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412118337
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOREEN R CARTER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 MARY HELEN WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001966
ReturnHeader/PreparerPersonGrp/PhoneNum09785462921
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOREEN R CARTER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-29T14:36:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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