Civic Intelligence

The Gloucester Fund Inc

990 • Fiscal year 2015 • EIN 04-3521016

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 16, 2016

Organization ProfileWWW.THEGLOUCESTERFUND.ORG
45 Middle Street No 2Gloucester, MA 01930

(978) 281-2822

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

100%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$125,470

Up $39,552 (+46%) from 2014

Net Assets

Up

$125,470

Up $39,552 (+46%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin72nd percentile

Revenue

Up

$251,803

Up $126,042 (+100%) from 2014

Expenses

Up

$212,251

Up $113,944 (+116%) from 2014

Net Income

Up

$39,552

Up $12,098 (+44%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $31,628Liabilities 2010: $02010Assets 2011: $73,122Liabilities 2011: $0Net Assets 2011: $73,1222011Assets 2012: $142,029Liabilities 2012: $0Net Assets 2012: $142,0292012Assets 2013: $58,489Liabilities 2013: $0Net Assets 2013: $58,4892013Assets 2014: $85,918Liabilities 2014: $0Net Assets 2014: $85,9182014Assets 2015: $125,470Liabilities 2015: $0Net Assets 2015: $125,4702015Assets 2016: $153,662Liabilities 2016: $0Net Assets 2016: $153,6622016Assets 2017: $109,182Liabilities 2017: $0Net Assets 2017: $109,1822017Assets 2018: $243,709Liabilities 2018: $0Net Assets 2018: $243,7092018Assets 2019: $136,316Liabilities 2019: $0Net Assets 2019: $136,3162019Assets 2020: $138,547Liabilities 2020: $0Net Assets 2020: $138,5472020Assets 2021: $205,037Liabilities 2021: $0Net Assets 2021: $205,0372021Assets 2022: $302,279Liabilities 2022: $25,000Net Assets 2022: $277,2792022Assets 2023: $326,518Liabilities 2023: $25,000Net Assets 2023: $301,5182023Assets 2024: $332,330Liabilities 2024: $0Net Assets 2024: $332,3302024

Highlighted filing

2015

Assets$125,470
Liabilities$0
Net Assets$125,470
Open 2015 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $86,355Expenses 2010: $90,638Net Income 2010: -$4,2832010Revenue 2011: $94,647Expenses 2011: $53,153Net Income 2011: $41,4942011Revenue 2012: $252,026Expenses 2012: $183,119Net Income 2012: $68,9072012Revenue 2013: $166,000Expenses 2013: $249,540Net Income 2013: -$83,5402013Revenue 2014: $125,761Expenses 2014: $98,307Net Income 2014: $27,4542014Revenue 2015: $251,803Expenses 2015: $212,251Net Income 2015: $39,5522015Revenue 2016: $324,598Expenses 2016: $296,406Net Income 2016: $28,1922016Revenue 2017: $196,054Expenses 2017: $240,534Net Income 2017: -$44,4802017Revenue 2018: $317,572Expenses 2018: $183,045Net Income 2018: $134,5272018Revenue 2019: $185,571Expenses 2019: $292,964Net Income 2019: -$107,3932019Revenue 2020: $104,110Expenses 2020: $101,879Net Income 2020: $2,2312020Revenue 2021: $260,407Expenses 2021: $193,917Net Income 2021: $66,4902021Revenue 2022: $220,205Expenses 2022: $143,463Net Income 2022: $76,7422022Revenue 2023: $188,469Expenses 2023: $164,230Net Income 2023: $24,2392023Revenue 2024: $209,678Expenses 2024: $178,867Net Income 2024: $30,8112024

Highlighted filing

2015

Revenue$251,803
Expenses$212,251
Net Income$39,552
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 16, 2016
Return Version
2015v2.1
Gross Receipts
$269,514
Mission and Program Overview

Mission

To promote civic, cultural, educational, athletic and benevolent purposes or activities in benefit of the citizens of gloucester, massachusetts. The organization's motto is "partnering with the community to benefit the community".

Promote civic, cultural, educational, athletic & benevolent purposes in gloucester, ma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,818$125,470▲ $39,652
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$85,918$125,470▲ $39,552
Other Assets Total$100$0▼ $100
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$85,918$125,470▲ $39,552
Total Liabilities and Net Assets / Fund Balance$85,918$125,470▲ $39,552
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Barrett S PettPresident & Director
Frances MondelloClerk & Director
Eugene P Mondello JrDirector
Frank BakerDirector
Kenneth TaliadorosDirector
Tj HealyDirector
Brent a TarrTreasurer & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$236,911
Program Service Revenue
$0
Investment Income
$326
Other Revenue
$14,566
All Other Contributions
$236,911
Change in Net Assets
$39,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,626
Grants and Similar Amounts Paid$71,625
Total Fundraising Expense$1,230
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$41,200--$41,200
Grants to Domestic Individuals$30,425--$30,425
Fees for Services Other$19,795--$19,795
Other Expenses$4,031-$1,230$5,261
Fees for Services Legal$5,000--$5,000
All Other Expenses$4,477--$4,477
Office Expenses-$151-$151
Total Functional Expenses$210,870$151$1,230$212,251
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Paari - Police-assisted Addiction Recovery InitiativeNewton, MA-Addiction Recovery Assistanceaddiction Recovery Assistanceaddiction Recovery Assistanceaddiction Recovery Assistance$41,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$9,950
Gaming Direct Expenses$8,700
Fundraising Gross Income$3,770
Fundraising Direct Expenses$100
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The organization's president, barrett s. Pett, reviews the form 990.”

Form 990, Part VI, Section C, Line 19

“N/A”

Filing and Contact Details

Filer

Filer Name
The Gloucester Fund Inc
EIN
04-3521016
Phone
9782812822
Address
45 MIDDLE STREET NO 2, GLOUCESTER, MA 01930

Signing Officer

Name
Barrett S Pett
Title
President
Phone
9782812822
Signed
2016-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barrett S Pett
Formed
2000
Legal Domicile
Ma
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Julie a Sidon CPA Mst
Address
PO BOX 1305 55 MAIN STREET, GLOUCESTER, MA 01931
Preparer
Julie a Sidon CPA Mst
Phone
9782829900
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“During 2015, the organization undertook two new programs, the "police-assisted addiction recovery initiative and "the wall that heals". These programs are further described in part iii, lines 4b and 4c.”

Raw XML AppendixShowing 400 of 403 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE CIVIC, CULTURAL, EDUCATIONAL, ATHLETIC & BENEVOLENT PURPOSES IN GLOUCESTER, MA.
IRS990/AllOtherContributionsAmt0236911
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04477
IRS990/AllOtherExpensesGrp/TotalAmt04477
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARRETT S PETT
IRS990/BooksInCareOfDetail/PhoneNum09782812822
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt045 MIDDLE STREET APT 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0GLOUCESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001930
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt085818
IRS990/CashNonInterestBearingGrp/EOYAmt0125470
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt08911
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0236911
IRS990/CYGrantsAndSimilarPaidAmt071625
IRS990/CYInvestmentIncomeAmt0326
IRS990/CYOtherExpensesAmt0140626
IRS990/CYOtherRevenueAmt014566
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt039552
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0212251
IRS990/CYTotalFundraisingExpenseAmt01230
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0251803
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION'S LARGEST PROGRAM SERVICE ACCOMPLISHMENT DURING 2015 WAS ITS SUPPORT FOR AND ON-GOING PRESENTATION OF CITY-WIDE CIVIC EVENTS, INCLUDING CONCERTS, FIREWORKS DISPLAYS ON JULY 4TH AND LABOR DAY, THE SANTA PARADE, A HISTORIC AREA WALK, AND THE FISHERMEN'S MEMORIAL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt043207
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05000
IRS990/FeesForServicesLegalGrp/TotalAmt05000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt019795
IRS990/FeesForServicesOtherGrp/TotalAmt019795
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0BARRETT S PETT
IRS990/Form990PartVIISectionAGrp/PersonNm1BRENT A TARR
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANCES MONDELLO
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH TALIADOROS
IRS990/Form990PartVIISectionAGrp/PersonNm4TJ HEALY
IRS990/Form990PartVIISectionAGrp/PersonNm5EUGENE P MONDELLO JR
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK BAKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt0100
IRS990/FundraisingGrossIncomeAmt03770
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt08700
IRS990/GamingGrossIncomeAmt09950
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt030425
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt030425
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt041200
IRS990/GrantsToDomesticOrgsGrp/TotalAmt041200
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0269514
IRS990/GrossSalesOfInventoryAmt08957
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0326
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0326
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE CIVIC, CULTURAL, EDUCATIONAL, ATHLETIC AND BENEVOLENT PURPOSES OR ACTIVITIES IN BENEFIT OF THE CITIZENS OF GLOUCESTER, MASSACHUSETTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt085918
IRS990/NetAssetsOrFundBalancesEOYAmt0125470
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03670
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03670
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt01250
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt01250
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt046
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt046
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02500
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0151
IRS990/OfficeExpensesGrp/TotalAmt0151
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CIVIC EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1"WALL THAT HEALS" EXP
IRS990/OtherExpensesGrp/Desc2DOG PARK-INSTALL LIGHTS
IRS990/OtherExpensesGrp/Desc3DOG PARK-OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01230
IRS990/OtherExpensesGrp/ProgramServicesAmt043207
IRS990/OtherExpensesGrp/ProgramServicesAmt136584
IRS990/OtherExpensesGrp/ProgramServicesAmt226151
IRS990/OtherExpensesGrp/ProgramServicesAmt34031
IRS990/OtherExpensesGrp/TotalAmt043207
IRS990/OtherExpensesGrp/TotalAmt136584
IRS990/OtherExpensesGrp/TotalAmt226151
IRS990/OtherExpensesGrp/TotalAmt35261
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1541800
IRS990/OtherRevenueMiscGrp/BusinessCd2711300
IRS990/OtherRevenueMiscGrp/Desc0AD REVENUE - PROGRAMS
IRS990/OtherRevenueMiscGrp/Desc1AD REVENUE - BANNERS
IRS990/OtherRevenueMiscGrp/Desc2CIVIC EVENT VENDOR FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05800
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13100
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2700
IRS990/OtherRevenueTotalAmt09600
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BARRETT S PETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION'S SECOND LARGEST PROGRAM SERVICE ACCOMPLISHMENT OF 2015 WAS TO RAISE FUNDS TO ESTABLISH P.A.A.R.I., THE CITY OF GLOUCESTER'S POLICE-ASSISTED ADDICTION RECOVERY INITIATIVE, WHICH HAS BECOME A MODEL PROGRAM NATIONWIDE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt041200
IRS990/ProgSrvcAccomActy2Grp/GrantAmt041200
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION'S THIRD LARGEST PROGRAM SERVICE ACCOMPLISHMENT DURING 2015 WAS "THE WALL THAT HEALS", A FOUR-DAY VISIT OF THE VIETNAM MEMORIAL MOVING WALL TO THE CITY OF GLOUCESTER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036584
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES DURING 2015 INCLUDED GRANTING OF SCHOLARSHIPS TO GLOUCESTER HIGH SCHOOL GRADUATES, INSTALLATION OF SOLAR LIGHTING AND ON-GOING MAINTENANCE AT THE GLOUCESTER DOG PARK, RESTORATION OF BRONZE PLAQUES ON CITY WAR MEMORIAL MONUMENTS, ENVIRONMENTAL ADVOCACY FOR WHEELER'S POINT, SUPPORT FOR TROOPS AND VETERANS, ON-GOING RESTORATION PROJECTS AT GLOUCESTER'S HISTORIC CITY HALL, A WORLD WAR II VETERANS PHOTOGRAPHY PROJECT, RESTORATION WORK AT CITY PLAYGROUNDS AND HISTORIC CEMETERIES, SUPPORT OF ARTS COMMITTEE PROJECTS, AND GRANTS TO AID THE FAMILY OF AN INJURED MARINE AND TO ENABLE A DISADVANTAGED YOUTH TO ATTEND A YMCA SERVICE TRIP TO NEW ORLEANS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt089879
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt030425
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt039552
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0236911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0122011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0242575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt091080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0803445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01279
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0107049
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81090
IRS990ScheduleA/PublicSupportPY170Pct00.87090
IRS990ScheduleA/PublicSupportTotal170Amt0652522
IRS990ScheduleA/SubstantialContributorsTotAmt0150923
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0236911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0122011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0242575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt091080
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0803445
IRS990ScheduleA/TotalSupportAmt0804724
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13725
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt3800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO GLOUCESTER HIGH SCHOOL GRADUATES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1PHILANTHROPY AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ASSISTANCE TO FAMILY OF INJURED MARINE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3GRANT TO UNDERPRIVILEGED YOUTH TO ATTEND YMCA SERVICE TRIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/RecipientTable/CashGrantAmt041200
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ADDICTION RECOVERY ASSISTANCEADDICTION RECOVERY ASSISTANCEADDICTION RECOVERY ASSISTANCEADDICTION RECOVERY ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PAARI - POLICE-ASSISTED ADDICTION RECOVERY INITIATIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0ONE BRIDGE STREET SUITE 300
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEWTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002458
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2015, THE ORGANIZATION UNDERTOOK TWO NEW PROGRAMS, THE "POLICE-ASSISTED ADDICTION RECOVERY INITIATIVE AND "THE WALL THAT HEALS". THESE PROGRAMS ARE FURTHER DESCRIBED IN PART III, LINES 4B AND 4C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PRESIDENT, BARRETT S. PETT, REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt085918
IRS990/TotalAssetsEOYAmt0125470
IRS990/TotalAssetsGrp/BOYAmt085918
IRS990/TotalAssetsGrp/EOYAmt0125470
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0236911
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01230
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0151
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210870
IRS990/TotalFunctionalExpensesGrp/TotalAmt0212251
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt085918
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0125470
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt089879
IRS990/TotalOtherProgSrvcGrantAmt030425
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0210870
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011222
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0251803
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt085918
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0125470
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt045 MIDDLE STREET
IRS990/USAddress/CityNm0GLOUCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001930
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.THEGLOUCESTERFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRETT S PETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09782812822
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GLOUCESTER FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOU
ReturnHeader/Filer/EIN0043521016
ReturnHeader/Filer/PhoneNum09782812822
ReturnHeader/Filer/USAddress/AddressLine1Txt045 MIDDLE STREET NO 2
ReturnHeader/Filer/USAddress/CityNm0GLOUCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001930
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042689253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JULIE A SIDON CPA MST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1305 55 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLOUCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001931
ReturnHeader/PreparerPersonGrp/PhoneNum09782829900
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE A SIDON CPA MST
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-15T00:00:00-06:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$125,470
Liabilities
$0
Net assets
$125,470
Revenue
$251,803
Expenses
$212,251
Net income
$39,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.00$3.32$2.10$1.79$0.31
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.25$3.02$1.88$1.64$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.25$2.77$2.20$1.43$0.77
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$2.60$1.94$0.66
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.00$1.39$1.04$1.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$1.86$2.93$1.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.00$2.44$3.18$1.83$1.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$1.96$2.41$0.44
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.00$1.54$3.25$2.96$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$2.52$2.12$0.40
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.86$0.00$0.86$1.26$0.98$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$1.66$2.50$0.84
2012Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$2.52$1.83$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.95$0.53$0.41
2010Summary only. Only limited summary data is available for this year.$0.32$0.00$0.86$0.91$0.04