Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Assets
Up$504,113
Up $43,623 (+9.5%) from 2016
Net Assets
Up$494,699
Up $34,647 (+7.5%) from 2016
Liabilities
Up$9,414
Up $8,976 (+2049%) from 2016
Revenue
Up$728,297
Up $343,276 (+89%) from 2016
Expenses
Up$693,650
Up $118,717 (+21%) from 2016
Net Income
Up$34,647
Up $224,559 (+118%) from 2016
Provide financial support for new and innovative programs for the public schools of Gloucester, Massachusetts
Provide support to gloucester public schools
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $225,394 | $238,183 | ▲ $12,789 |
| Investments in Publicly Traded Securities | $150,702 | $189,466 | ▲ $38,764 |
| Savings and Temporary Cash Investments | $78,669 | $67,494 | ▼ $11,175 |
| Prepaid Expenses and Deferred Charges | - | $5,270 | - |
| Pledges and Grants Receivable | $5,125 | $2,500 | ▼ $2,625 |
| Total Assets | $460,490 | $504,113 | ▲ $43,623 |
| Other Assets Total | $600 | $1,200 | ▲ $600 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $438 | $9,414 | ▲ $8,976 |
| Total Liabilities | $438 | $9,414 | ▲ $8,976 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $193,750 | $209,572 | ▲ $15,822 |
| Unrestricted Net Assets | $219,893 | $196,467 | ▼ $23,426 |
| Temporarily Rstr Net Assets | $46,409 | $88,660 | ▲ $42,251 |
| Total Net Assets Fund Balance | $460,052 | $494,699 | ▲ $34,647 |
| Total Liabilities and Net Assets / Fund Balance | $460,490 | $504,113 | ▲ $43,623 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2016 | $229,371 | $15,822 | ▲ $22,499 | $10,732 | $256,960 |
| 2015 | $214,299 | $27,649 | ▼ $2,701 | $9,876 | $229,371 |
| 2014 | $166,870 | $48,493 | ▲ $6,820 | $7,884 | $214,299 |
| 2013 | $141,162 | $21,936 | ▲ $10,718 | $6,946 | $166,870 |
| 2012 | $127,009 | $16,463 | ▲ $3,808 | $6,118 | $141,162 |
| Name | Title |
|---|---|
| June Landergren Steel | President |
| Christine Mcgrath | Vice President |
| ANNA O'CONNOR | Director |
| Jochem Struppe | Director |
| John Sarrouf | Director |
| Joseph Calomo | Director |
| Jospeh Rosa | Director |
| Kathleen Purdy | Director |
| Marie Cahoon | Director |
| Sarah Grow | Director |
| Serena Low | Director |
| Christina Raimo | Executive Director |
| John Bjorlie | Clerk |
| Dean Murray | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $512,492 |
| Other Expenses | $105,740 |
| Total Fundraising Expense | $81,267 |
| Salaries, Compensation, and Employee Benefits | $75,418 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $512,492 | - | - | $512,492 |
| Current Officers, Directors, Trustees, and Key Employees | $35,633 | $11,878 | $11,878 | $59,389 |
| All Other Expenses | $277 | $4,431 | $46,570 | $51,278 |
| Fees for Services Other | $575 | $893 | $14,400 | $15,868 |
| Occupancy | $8,827 | $2,942 | $2,942 | $14,711 |
| Fees for Services Accounting | $0 | $14,635 | $0 | $14,635 |
| Other Salaries and Wages | $6,000 | $2,000 | $2,000 | $10,000 |
| Payroll Taxes | $3,617 | $1,206 | $1,206 | $6,029 |
| Information Technology | $0 | $1,171 | $1,170 | $2,341 |
| Advertising | $0 | $1,921 | $0 | $1,921 |
| Insurance | $0 | $1,272 | $0 | $1,272 |
| Other Expenses | $0 | $604 | $603 | $1,207 |
| Conferences and Meetings | $0 | $185 | $278 | $463 |
| Office Expenses | $0 | $99 | $0 | $99 |
| Total Functional Expenses | $567,421 | $44,962 | $81,267 | $693,650 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $693,650 |
| Total Expenses per Audited Statements | $693,650 |
| Total Expenses per Form 990 | $693,650 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Gloucester Public Schools | Gloucester, MA | 501(c)(3) | Financial Support | $448,561 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $141,375 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| 10th ANNIVERSARY GALA | $141,375 | $141,375 | $8,523 | $132,852 |
| Total Events | $141,375 | $141,375 | $23,173 | $118,202 |
“The executive committee , comprised of the president, the vice president and the treasurer, is empowered to act when time does not allow for a full board meeting and such other times and for such other purposes as may be approved by the board of directors. Actions taken by the executive committee require unanimity among its members. The executive committee is empowered to commit no more than $5,000 for any one purpose.”
“The form 990 is provided electronically to each board member for their review and written approval to file the form 990.”
“The organization requires members of the board to annually sign the conflict of interest policy.”
“Compensation is reviewed on an annual basis. The review process starts with the president seeking input from the board of directors and including that information, if any, into a draft document that is reviwed by the vice president and the chair of the fundraising/development committee. The board is informed in executive session about the final review.”
“The foundation's principal governing documents including the articles of incorporation and by-laws are filed with the massachusetts secretary of state and therefore available to the public. The foundation's financial statements are available to the public on the massachusetts attorney general website.”
“The board of directors assumes responsibility for the oversight of the audit and selection of an independent accountant. There was no change from the prior year as to the procedure.”
“Payroll processing 477. 0. 477. 0.”
“Printing & postage 15027. 0. 1502. 13525.”
“Special events 30593. 0. 0. 30593.”
“Supplies 3177. 277. 1450. 1450.”
“Telephone 2004. 0. 1002. 1002.”
“Periodically, the board of directors may, upon recommendation of the endowment committee, transfer up to 5% per year of the fund, valued as of the preceding year-end valuation, to the operating account for disbursement.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 438 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9414 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE SUPPORT TO GLOUCESTER PUBLIC SCHOOLS |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1921 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1921 |
| IRS990/AllOtherContributionsAmt | 0 | 564264 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 46570 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4431 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 277 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 51278 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JUNE STEEL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9782825550 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1104 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GLOUCESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01931 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 225394 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 238183 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 11878 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 11878 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 35633 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 59389 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 278 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 185 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 463 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 564264 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 512492 |
| IRS990/CYInvestmentIncomeAmt | 0 | 22658 |
| IRS990/CYOtherExpensesAmt | 0 | 105740 |
| IRS990/CYOtherRevenueAmt | 0 | 141375 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 34647 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 75418 |
| IRS990/CYTotalExpensesAmt | 0 | 693650 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 81267 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 728297 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | DIRECT PROGRAM SUPPORT TO GLOUCESTER MASSACHUSETTS PUBLIC SCHOOLS |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 567421 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14635 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14635 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 14400 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 893 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 575 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 15868 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JUNE LANDERGREN STEEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHRISTINE MCGRATH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOHN BJORLIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEAN MURRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOSEPH CALOMO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SARAH GROW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KATHLEEN PURDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOSPEH ROSA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOHN SARROUF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JOCHEM STRUPPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MARIE CAHOON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANNA O'CONNOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | SERENA LOW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | CHRISTINA RAIMO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2005 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingGrossIncomeAmt | 0 | 141375 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantAmt | 0 | 244518 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 512492 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 512492 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 728297 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1170 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1171 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 2341 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1272 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1272 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 22658 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 22658 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 150702 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 189466 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROVIDE SUPPORT TO GLOUCESTER |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 460052 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 494699 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 141375 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 141375 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 2942 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2942 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 8827 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 14711 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 99 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 99 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 600 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1200 |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK SERVICE CHARGES |
| IRS990/OtherExpensesGrp/Desc | 1 | FILING FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | HOSPITALITY & CATERING |
| IRS990/OtherExpensesGrp/Desc | 3 | MEMBERSHIP DUES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 220 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 603 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1585 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 140 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 604 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1585 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 140 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 220 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1207 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 2000 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 2000 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 6000 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 10000 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1206 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1206 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3617 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 6029 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 193750 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 209572 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 5125 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 2500 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5270 |
| IRS990/PrincipalOfficerNm | 0 | JUNE STEEL |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 387453 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 448561 |
| IRS990/PYInvestmentIncomeAmt | 0 | -2432 |
| IRS990/PYOtherExpensesAmt | 0 | 67370 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -189912 |
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| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 22499 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 10732 |
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| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -2701 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 9876 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 166870 |
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| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 6820 |
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| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 10718 |
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| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 16463 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 141162 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 3808 |
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| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 728927 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | PERIODICALLY, THE BOARD OF DIRECTORS MAY, UPON RECOMMENDATION OF THE ENDOWMENT COMMITTEE, TRANSFER UP TO 5% PER YEAR OF THE FUND, VALUED AS OF THE PRECEDING YEAR-END VALUATION, TO THE OPERATING ACCOUNT FOR DISBURSEMENT. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt V, Line 4 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 693650 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 728927 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 728927 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 693650 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 23173 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | 10th ANNIVERSARY GALA |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 12650 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 12650 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 141375 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 8523 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 2000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 2000 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 448561 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | FINANCIAL SUPPORT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | GLOUCESTER PUBLIC SCHOOLS |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 046001390 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 2 BLACKBURN DRIVE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | GLOUCESTER |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 01930 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION PROVIDES FINANICAL SUPPORT FOR THE PUBLIC SCHOOLS OF GLOUCESTER, MASSACHUSETTS. THE SCHOOL DISTRICT NOTIFIES THE FOUNDATION AS TO WHERE FUNDS ARE NEEDED AND ON AN ONGOING BASIS THE BOARD OF DIRECTORS OF THE FOUNDATION REVIEW THE NEEDS OF THE SCHOOL DISTRICT. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE EXECUTIVE COMMITTEE , COMPRISED OF THE PRESIDENT, THE VICE PRESIDENT AND THE TREASURER, IS EMPOWERED TO ACT WHEN TIME DOES NOT ALLOW FOR A FULL BOARD MEETING AND SUCH OTHER TIMES AND FOR SUCH OTHER PURPOSES AS MAY BE APPROVED BY THE BOARD OF DIRECTORS. ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE REQUIRE UNANIMITY AMONG ITS MEMBERS. THE EXECUTIVE COMMITTEE IS EMPOWERED TO COMMIT NO MORE THAN $5,000 FOR ANY ONE PURPOSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS PROVIDED ELECTRONICALLY TO EACH BOARD MEMBER FOR THEIR REVIEW AND WRITTEN APPROVAL TO FILE THE FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION REQUIRES MEMBERS OF THE BOARD TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | COMPENSATION IS REVIEWED ON AN ANNUAL BASIS. THE REVIEW PROCESS STARTS WITH THE PRESIDENT SEEKING INPUT FROM THE BOARD OF DIRECTORS AND INCLUDING THAT INFORMATION, IF ANY, INTO A DRAFT DOCUMENT THAT IS REVIWED BY THE VICE PRESIDENT AND THE CHAIR OF THE FUNDRAISING/DEVELOPMENT COMMITTEE. THE BOARD IS INFORMED IN EXECUTIVE SESSION ABOUT THE FINAL REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FOUNDATION'S PRINCIPAL GOVERNING DOCUMENTS INCLUDING THE ARTICLES OF INCORPORATION AND BY-LAWS ARE FILED WITH THE MASSACHUSETTS SECRETARY OF STATE AND THEREFORE AVAILABLE TO THE PUBLIC. THE FOUNDATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE FROM THE PRIOR YEAR AS TO THE PROCEDURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PAYROLL PROCESSING 477. 0. 477. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PRINTING & POSTAGE 15027. 0. 1502. 13525. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | SPECIAL EVENTS 30593. 0. 0. 30593. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | SUPPLIES 3177. 277. 1450. 1450. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | TELEPHONE 2004. 0. 1002. 1002. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 1a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt XII, Line 2c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990/SchoolOperatingInd | 0 | false |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.