Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
16th percentile
Faster revenue growth than 16% of similar nonprofits.
Balance Sheet
Assets
Down$10,531
Down $25,404 (-71%) from 2021
Net Assets
Down$10,531
Down $25,404 (-71%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Down$64,844
Down $34,496 (-35%) from 2021
Expenses
Up$90,248
Up $9,907 (+12%) from 2021
Net Income
Down-$25,404
Down $44,403 (-234%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 14, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $67,575
Mission and Program Overview
Mission
Promote Irish Cultural Activities
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Scholarships | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Iris G Sharnick | Chairwoman | - | $0 | - | - |
| Maura Gray | Co-Chairwoman | - | $0 | - | - |
| Kaela Milewski | Secretary | - | $0 | - | - |
| Brian Gray | Treasurer | - | $0 | - | - |
| Kathleen Lynch | Vice Chairwoman | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gray Foundation Inc
- EIN
- 20-8823263
- Phone
- 2032707001
- Address
- P O BOX 355, OLD LYME, CT 06371
Signing Officer
- Name
- Iris Sharnick
- Title
- Chairwoman
- Phone
- 2032707001
- Signed
- 2023-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Accounting & Consulting Group
- Address
- 86 Cherry Street, Milford, CT 06460
- Preparer
- Greta Yazbec CPA
- Phone
- 2033019933
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Other Investment Income
“Description: Interest Income. Amount: 5.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: College of Holy Cross. Grantee Name: Nora Brannegan. Grantee Address: 1 College St Worcester, MA 01610. Grantee Relationship: None. Property Description: Cash. Amount Given: 750.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: University of Vermont. Grantee Name: Olivia Ruggiero. Grantee Address: 184 S Prospect Street Burlington, VT 05405. Grantee Relationship: None. Property Description: Cash. Amount Given: 1,000.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: University of Connecticut. Grantee Name: Anne Colangelo. Grantee Address: 2075 Hillside Rd Storrs, CT 06269. Grantee Relationship: None. Property Description: Cash. Amount Given: 750. Total included on Form 990-EZ, line 10: 2,500.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Trophies & Plaques. Amount: 415. Description: Permits & Licenses. Amount: 568. Description: Supplies. Amount: 683. Description: Travel - World Championships. Amount: 7,101. Description: Costumes. Amount: 980. Description: Program FEIS Expense. Amount: 72,426. Total to Form 990-EZ, line 16: 82,173.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Costumes. Beg. of Year Amount: 7,341. End of Year Amount: 8,562. Description: Prepaid Assets. Beg. of Year Amount: 1,045. End of Year Amount: 206.”
Raw XML Appendix172 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | IRIS SHARNICK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2032707001 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | P O BOX 355 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | OLD LYME |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06371 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27549 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1763 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 4325 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -25404 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4200 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 35935 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 10531 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 3476 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 2500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 67575 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 5 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 35935 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 10531 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 35935 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 10531 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 900 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Iris G Sharnick |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Maura Gray |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Kaela Milewski |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Brian Gray |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Kathleen Lynch |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairwoman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Co-Chairwoman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Vice Chairwoman |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 8386 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8768 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 82173 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote Irish Cultural Activities |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 475 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 59769 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Scholarships |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 2731 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 745 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 90248 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 64844 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 4325 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1892 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2806 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 510 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 14783 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 14783 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 4325 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1892 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2806 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 510 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 14783 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 248043 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 97242 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6303 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 79202 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50513 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 233260 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Interest Income. Amount: 5. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Classification: College of Holy Cross. Grantee Name: Nora Brannegan. Grantee Address: 1 College St Worcester, MA 01610. Grantee Relationship: None. Property Description: Cash. Amount Given: 750. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Activity Classification: University of Vermont. Grantee Name: Olivia Ruggiero. Grantee Address: 184 S Prospect Street Burlington, VT 05405. Grantee Relationship: None. Property Description: Cash. Amount Given: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Activity Classification: University of Connecticut. Grantee Name: Anne Colangelo. Grantee Address: 2075 Hillside Rd Storrs, CT 06269. Grantee Relationship: None. Property Description: Cash. Amount Given: 750. Total included on Form 990-EZ, line 10: 2,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Trophies & Plaques. Amount: 415. Description: Permits & Licenses. Amount: 568. Description: Supplies. Amount: 683. Description: Travel - World Championships. Amount: 7,101. Description: Costumes. Amount: 980. Description: Program FEIS Expense. Amount: 72,426. Total to Form 990-EZ, line 16: 82,173. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description: Costumes. Beg. of Year Amount: 7,341. End of Year Amount: 8,562. Description: Prepaid Assets. Beg. of Year Amount: 1,045. End of Year Amount: 206. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part II, Line 24 - Other Assets |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | IRIS SHARNICK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRWOMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2032707001 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRAY FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAY |
| ReturnHeader/Filer/EIN | 0 | 208823263 |
| ReturnHeader/Filer/PhoneNum | 0 | 2032707001 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 355 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | OLD LYME |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06371 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 832235419 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Accounting & Consulting Group |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 86 Cherry Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Milford |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06460 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2033019933 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Greta Yazbec CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T13:18:29-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | IRIS |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SHARNICK |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $10,531
- Liabilities
- $0
- Net assets
- $10,531
- Revenue
- $64,844
- Expenses
- $90,248
- Net income
- -$25,404