Civic Intelligence

Griffin'S Gift Inc

EIN 81-3527204 • 501(c)3 • Danvers, MA

Pub. 78 Eligible

Profile

Griffin's gift, inc. Aims to help families with the financial burden of the adoption process, making it easier for hopeful parents to welcome a child in need of a family. Griffin's gift, inc. Will use the funds it raises to make low or no interest loans to be used by qualified families towards covering the costs of adoption. Families will be thoroughly vetted by a qualified adoption agency. Loans will be repaid over 5-10 years.

11 Anna DriveDanvers, MA 01923

griffinsgift.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

4.0%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-73%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$256,303

Up $9,858 (+4.0%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$256,303

Up $9,858 (+4.0%) from 2019

Operations
Liabilities / Revenue61st percentileNet Margin97th percentile

Revenue

Down

$10,739

Down $29,745 (-73%) from 2019

Expenses

Up

$881

Up $63 (+7.7%) from 2019

Net Income

Down

$9,858

Down $29,808 (-75%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$300K$200K$100K$0Assets 2016: $145,186Net Assets 2016: $145,1862016Assets 2017: $161,849Net Assets 2017: $161,8492017Assets 2018: $206,779Net Assets 2018: $206,7792018Assets 2019: $246,445Net Assets 2019: $246,4452019Assets 2020: $256,303Liabilities 2020: $0Net Assets 2020: $256,3032020

Highlighted filing

2020

Assets$256,303
Liabilities$0
Net Assets$256,303
Open 2020 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0Revenue 2016: $146,622Expenses 2016: $1,436Net Income 2016: $145,1862016Revenue 2017: $23,724Expenses 2017: $7,061Net Income 2017: $16,6632017Revenue 2018: $46,221Expenses 2018: $1,291Net Income 2018: $44,9302018Revenue 2019: $40,484Expenses 2019: $818Net Income 2019: $39,6662019Revenue 2020: $10,739Expenses 2020: $881Net Income 2020: $9,8582020

Highlighted filing

2020

Revenue$10,739
Expenses$881
Net Income$9,858
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$256,303
Liabilities
$0
Net assets
$256,303
Revenue
$10,739
Expenses
$881
Net income
$9,858
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.11$0.01$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.46$2.46$0.40$0.01$0.40
2018Detailed filing. Detailed filing data is available for this year.$2.07$2.07$0.46$0.01$0.45
2017Detailed filing. Detailed filing data is available for this year.$1.62$1.62$0.24$0.07$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.45$1.45$1.47$0.01$1.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2023
Return Version
2020v4.2
Gross Receipts
$12,924
Mission and Program Overview

Mission

Griffin's gift, inc. Aims to help families with the financial burden of the adoption process, making it easier for hopeful parents to welcome a child in need of a family. Griffin's gift, inc. Will use the funds it raises to make low or no interest loans to be used by qualified families towards covering the costs of adoption. Families will be thoroughly vetted by a qualified adoption agency. Loans will be repaid over 5-10 years.

Griffin's gift, inc. Aims to help families with the financial burden of the adoption process, making it easier for hopeful parents to welcome a child in need of a family. Griffin's gift, inc. Will use the funds it raises to make low or no interest loans to be used by qualified families towards coverting the costs of adoption. Families will be thoroughly vetted by a qualified adoption agency. Loans will be repaid over 5-10 years.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL AID TO FAMILIES UNDERGOING THE ADOPTION PROCESS$0$277
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACQUELINE B ST PIERREDirector-$0--
STACEY COOKDirector-$0--
KRISTEN CULLENDirector-$0--
ANGELO PIERRIDirector-$0--
CHRISTINE PROCTORDirector-$0--
TAMMY RYANDirector-$0--
MATTHEW SMITHPresident-$0--
ROBERT BRENNOCKTreasurer-$0--
THEODORE G BLAKEClerk-$0--
Filing and Contact Details

Filer

Filer Name
GRIFFIN'S GIFT INC
EIN
81-3527204
Phone
7038622545
Address
11 ANNA DRIVE, DANVERS, MA 01923

Signing Officer

Name
Robert Brennock
Title
Treasurer
Phone
7038622545
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
GJ Burns CPA LLC
Address
10 Elm Street, Danvers, MA 01923
Preparer
Gregg J Burns
Phone
9787771181
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: INTEREST INCOME. Amount: 1,022.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: ADVERTISING. Amount: 277. Description: BANK CHARGES. Amount: 35. Description: MEALS. Amount: 100. Description: OFFICE SUPPLIES & SOFTWARE. Amount: 469. Total to Form 990-EZ, line 16: 881.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: ADOPTION LOANS. Beg. of Year Amount: 35,600. End of Year Amount: 43,483. Description: RECEIVABLES DUE FROM OFFICERS. Beg. of Year Amount: 64,283. End of Year Amount: 40,000.”

Raw XML Appendix208 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.

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IRS990EZ/PrimaryExemptPurposeTxt0GRIFFIN'S GIFT, INC. AIMS TO HELP FAMILIES WITH THE FINANCIAL BURDEN OF THE ADOPTION PROCESS, MAKING IT EASIER FOR HOPEFUL PARENTS TO WELCOME A CHILD IN NEED OF A FAMILY. GRIFFIN'S GIFT, INC. WILL USE THE FUNDS IT RAISES TO MAKE LOW OR NO INTEREST LOANS TO BE USED BY QUALIFIED FAMILIES TOWARDS COVERTING THE COSTS OF ADOPTION. FAMILIES WILL BE THOROUGHLY VETTED BY A QUALIFIED ADOPTION AGENCY. LOANS WILL BE REPAID OVER 5-10 YEARS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: ADOPTION LOANS. Beg. of Year Amount: 35,600. End of Year Amount: 43,483. Description: RECEIVABLES DUE FROM OFFICERS. Beg. of Year Amount: 64,283. End of Year Amount: 40,000.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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.
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