Grace Marie Gibbs Foundation Inc
- Assets
- $207.0
- Revenue
- $275.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Riding, VA
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 20-1974688
Organization Overview
Grace Marie Gibbs Foundation Inc is located in South Riding, VA. The organization was established in 2005. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, 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. Grace Marie Gibbs Foundation Inc 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 12/2021, Grace Marie Gibbs Foundation Inc generated $275.0 in total revenue. All expenses for the organization totaled $1.0k during the year ending 12/2021. While expenses have increased by 9.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick R Gibbs President | 5 | $0 | |
Michael J Zavaglia Secretary | 5 | $0 | |
Lynda M Gibbs Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $275 |
| Interest on Savings | $0 |
| 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 | $275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $30 |
| Total operating and administrative expenses | $1,025 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $207 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Grace Marie Gibbs Foundation Inc has recieved totaling $175.
| Awarding Organization | Amount |
|---|---|
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Mid-Shore Community Foundation Inc Easton, MD | $125,001,314 | $15,563,573 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Cumberland Community Foundation Inc Fayetteville, NC | $108,138,101 | $14,799,053 |
Community Foundation Of Henderson County Inc Hendersonville, NC | $121,395,555 | $11,832,432 |
Asheville Area Chamber Of Commerce Community Betterment Foundation Asheville, NC | $2,583,932 | $6,471,789 |
Foundation For Appalachian Kentucky Inc Hazard, KY | $23,302,099 | $12,960,964 |
Horizon Community Funds Of Northern Kentucky Inc Covington, KY | $42,720,843 | $17,337,978 |
Parkersburg Area Community Foundation Inc Parkersburg, WV | $74,878,879 | $13,155,052 |