Grodman Cure Foundation Inc
- Assets
- $171.8k
- Revenue
- $14.8k
- Investments
- $147.3k
- Employees
- 0
- Location
- West Bloomfield, MI
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 38-3477444
Organization Overview
Grodman Cure Foundation Inc is located in West Bloomfield, MI. The organization was established in 1999. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grodman Cure 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 12/2022, Grodman Cure Foundation Inc generated $14.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (30.3%) per year over the past 4 years. 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 |
|---|---|---|---|
Karyn Grodman President | 20 | $0 | |
Scott Grodman Vice-Preside | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,634 |
| Interest on Savings | $2 |
| Dividends & Interest | $3,277 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,066 |
| Capital Gain Net Income | $1,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,166 |
| Total operating and administrative expenses | $2,694 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,182 |
| Savings and temporary cash investments | $3,248 |
| 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 | $171,779 |
| 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 |