The Carol Martin Gruodis Memorial Education Fund
- Assets
- $147.1k
- Revenue
- $1.7k
- Investments
- $15.1k
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2002
- Data as of
- 12/2018
- EIN
- 13-4197176
Organization Overview
The Carol Martin Gruodis Memorial Education Fund is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations.
For the year ending 12/2018, Carol Martin Gruodis Memorial Education Fund generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $113.2k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor G Groudis President | 0.25 | $0 | |
Ausra Groudis Secretary | 0.25 | $0 | |
Vidamantas Venckaunas Treasurer | 3 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160 |
| Interest on Savings | $1,502 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $460 |
| Total operating and administrative expenses | $29,460 |
| Contributions, gifts, grants paid | $83,720 |
| Total expenses and disbursements | $113,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,051 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $147,130 |
| 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, The Carol Martin Gruodis Memorial Education Fund has awarded $83,720 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
KAUNAS UNIVERSITY OF TECHNOLOGY PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $4,600 |
KLAIPEDA UNIVERSITY PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $2,100 |
LITHUANIAN ACADEMY OF MUSIC AND THEATRE PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $900 |
LITHUANIAN ACADEMY OF PHYSICAL EDUCATION PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $700 |
LITHUANIAN UNIVERSITY OF EDUCATIONAL STUDIES PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $700 |
LITHUANIAN UNIVERSITY OF HEALTH SCIENCES PURPOSE: SCHOLARSHIP AWARDED ON OBJECTIVE AND NONDISCRIMATORY BASIS AS APPROVED BY IRS | $5,000 |