Female Charitable Association Of Gloucester
- Assets
- $196.0k
- Revenue
- $26.8k
- Investments
- $196.0k
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- 09/1949
- Data as of
- 01/2023
- EIN
- 04-6112274
Organization Overview
Female Charitable Association Of Gloucester is located in Gloucester, MA. The organization was established in 1949. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Female Charitable Association Of Gloucester is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2023, Female Charitable Association Of Gloucester generated $26.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $13.0k during the year ending 01/2023. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Numerosi President | 0 | $0 | |
Carol Murray Treasurer | 0 | $0 | |
Kathy Day Director | 0 | $0 | |
Nin Groopa Director | 0 | $0 | |
Julie Lafontaine Director | 0 | $0 | |
Carol Ann Zapustas Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,627 |
| Interest on Savings | $63 |
| Dividends & Interest | $3,032 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,036 |
| Capital Gain Net Income | $17,036 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $270 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83 |
| Total operating and administrative expenses | $2,371 |
| Contributions, gifts, grants paid | $10,600 |
| Total expenses and disbursements | $12,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,476 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $196,027 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Female Charitable Association Of Gloucester has awarded $10,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BACKYARD GROWERS PURPOSE: UNRESTRICTED | $1,000 |
FIRST R FOUNDATION PURPOSE: UNRESTRICTED | $1,000 |
GLOUCESTER FISHERMANS WIVES PURPOSE: UNRESTRICTED | $1,000 |
HAWC PURPOSE: UNRESTRICTED | $500 |
PATHWAYS FOR CHILDREN PURPOSE: UNRESTRICTED | $1,000 |
ADDISON GILBERT HOSPITAL PURPOSE: UNRESTRICTED | $1,400 |