George Mavridis Foundation Inc
- Assets
- $561.2k
- Revenue
- $44.3k
- Investments
- $500.2k
- Employees
- 0
- Location
- Peabody, MA
- Founding
- Data as of
- 12/2022
- EIN
- 46-1502977
Organization Overview
George Mavridis Foundation Inc is located in Peabody, MA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Mavridis 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, George Mavridis Foundation Inc generated $44.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $109.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George Mavridis Foundation Inc has awarded 71 individual grants totaling $283,392. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,913 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,386 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$37,009 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,920 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $20,616 |
| Contributions, gifts, grants paid | $88,647 |
| Total expenses and disbursements | $109,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,953 |
| 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 | $561,197 |
| 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, George Mavridis Foundation Inc has awarded $88,647 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $200 |
ALZHEIMERS ASSOCIATION PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $150 |
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $150 |
AMERICAN RED CROSS PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $200 |
BROOKSBY VILLAGE PURPOSE: TO SUPPORT THE MISSION OF THE FOUNDATION. | $1,500 |
AMERICAN LUNG ASSOCIATION PURPOSE: TO SUPPORT THE MISSION OF THE NON-PROFIT. | $200 |