Gloucester Institute Inc is located in Gloucester, VA. The organization was established in 2007. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Gloucester Institute Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gloucester Institute 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, Gloucester Institute Inc generated $163.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $573.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN INTELLECTUALLY SAFE ENVIRONMENT WHERE IDEAS CAN BE DISCUSSED AND TRANSFORMED INTO PRACTICAL SOLUTIONS THAT PRODUCE RESULTS. TO CULTIVATE A SOCIETY OF "SOLUTIONISTS" WITHIN THE MINORITY COMMUNITIES. EQUIP SCHOLARS WITH THE INTELLECTUAL, MORAL, AND FINANCIAL SUPPORT TO CONDUCT INTENSIVE RESEARCH TO DISCOVER THE BEST SOLUTIONS TO SOCIAL ECONOMIC AND POLITICAL PROBLEMS FACING THE AFRICAN AMERICAN COMMUNITY. HONOR THE LEGACY AFRICAN AMERICAN LEADER DR. ROBERT RUSSA MOTON BY USING HIS HISTORIC HOME AT HOLLY KNOLL, FOR TRAINING CONFERENCES AND RETREATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TGI ADAPTED TO THE CHALLENGES COVID-19 PRESENTED, AND THE ORGANIZATION WAS ABLE TO CONTINUE ITS SUMMER LEADERSHIP TRAINING MISSION IN PERSON.MOTON FELLOWS PROGRAMSCHOLARS FROM AROUND THE COUNTRY PARTICIPATED IN OUR MOTON FELLOWSHIP PROGRAM. THIS GROUP OF HIGHLY MOTIVATED UNDERGRADUATE STUDENTS RECEIVED MENTORING FROM SOME OF THE LEADING EXPERTS IN BUSINESS, GOVERNMENT, AND NONPROFIT ORGANIZATIONS. ENHANCED STUDENT LEADERS LEADERSHIP ACUMEN THROUGH FACILITATED WORKSHOPS THAT FOCUSED ON EMOTIONAL INTELLIGENCE, SELF-AWARENESS, AND LEADERSHIP STYLES. THIS PROGRAM CHALLENGED STUDENTS TO LEAD IN A MANNER THAT INSPIRED OTHERS TO FOLLOW. EMPOWERED STUDENTS TO WRITE PROFESSIONALLY THROUGH HIGHLY TARGETED PRACTICE WORKSHOPS AND CRITIQUES. INCREASED STUDENTS ABILITY TO CREATE PRECISE, SUCCINCT, AND INFORMATIVE BUSINESS CORRESPONDENCE. THE STUDENTS GAINED PRACTICAL KNOWLEDGE ON BASIC TIME MANAGEMENT PRINCIPLES FOR THE WORKPLACE. COMPLETED ASSIGNED OFFICE PROJECTS THAT CORRESPONDED TO THEIR PERSONAL AND PROFESSIONAL DEVELOPMENT. WE PROVIDED WEEKLY CRITICAL THINKING AND PROBLEM-SOLVING EXERCISES TO EMPOWER OUR STUDENTS TO BECOME SOLUTIONISTS.TGI CAFS BROWN BAG SERIES THE PLATFORM ATTRACTED NATIONALLY KNOWN INFLUENCERS IN BUSINESS, EDUCATION, AND PUBLIC SERVICE TO ENGAGE IN DISCOURSE ON TOPICS THAT RANGED FROM SOCIO-ECONOMIC CHALLENGES TO PERSONAL BRAND MANAGEMENT. THIS PROGRAM ENABLED STUDENTS TO CONSIDER ALTERNATIVE PERSPECTIVES BY OFFERING DIVERSE POINTS OF VIEW ON CURRENT EVENTS AND THE ISSUES OF THE DAY.HOLLY KNOLL ACCOMPLISHMENTS2021 MAJOR MAINTENANCE PROJECTS BUILDING 1-5:O RENOVATED ALL BATHROOMS.O PAINTED COVERED WALKWAY CEILING, COLUMNS, WALKWAY AND BACK CINDER BLOCK WALL.O EXCAVATED UNDERGROUND WASTE WATER PIPING, REPLACED WITH CORROSION RESISTANT PVC PIPING, INSTALLED ABOVE GROUND ACCESS TO CLEAR PIPING OF ANY OBSTRUCTIONS.O INSTALLED A SECOND HVAC SYSTEM. BUILDING 6-10:O DEMOLISHED AND REMOVED EXTERIOR WALK WAY, INSTALL NON-SLIP PAVERS.O PAINTED COVERED WALKWAY CEILING, AND COLUMNS.O REPAINTED ALL ROOMS.O REPLACED HVAC SYSTEM. CONFERENCE CENTER:O PAINTED STUDENT DAY ROOM, BOARD ROOM, FOYER, AND PUBLIC RESTROOMS, INSTALLED NEW WOOD TRIM, REPAIRED EXISTING WALL IMPERFECTIONS.O INSTALLED NEW DAY ROOM ENTRY DOOR.O PAINTED SECOND FLOOR CLASS ROOM, COMMON AREA, STAFF SERVICE KITCHEN.O CONSTRUCTED STAFF SERVICE KITCHEN.O PAINTED EXTERIOR STAIRCASES ON BOTH ENDS OF THE BUILDING.O TREATED FOR TERMITES AND CONTRACTED FOR LONG TERM TREATMENT PROGRAM PATTERSON HALL:O REPLACED DEFECTED HVAC UNIT.O PAINTED EXTERIOR STAIRCASE.O REMODELED GUEST ROOM #13 TO ADA STANDARDS. INSTALLED NEW DOOR, WINDOW, AND BASEBOARD TRIM, FLOORING, AND REPAINTED.O INSTALLED NEW SUBFLOOR IN GUEST ROOM #14. MANOR HOUSE:O REPAINTED 75% OF INTERIOR ROOMSO RENOVATED MOTON SUITE BATHROOM.O RENOVATED MRS. MOTON SUITE BATHROOM.O RENOVATED 3RD FLOOR BATHROOM.O REPLACED 2ND AND 3RD FLOOR HVAC SYSTEMO INSTALLED NEW COUNTERTOP IN BREAKFAST ROOMO INSTALLED NEW COUNTER TOP AND LED LIGHT FIXTURES IN 2ND FLOOR DEN INSTALLED LED LIGHTING ON PIER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Winona Coles Executive Dir. | Trustee | 40 | $72,519 |
William Nance Treasurer | OfficerTrustee | 1 | $0 |
Kay Coles James Board Chair | OfficerTrustee | 10 | $0 |
Maurice Kuykendoll Director | Trustee | 1 | $0 |
John Littel ESQ Director | Trustee | 1 | $0 |
Carl Ellis Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $35,449 |
All other contributions, gifts, grants, and similar amounts not included above | $100,545 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $135,994 |
Total Program Service Revenue | $27,638 |
Investment income | $46 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $163,684 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $72,519 |
Compensation of current officers, directors, key employees. | $25,380 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $138,008 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,542 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $34,672 |
Advertising and promotion | $446 |
Office expenses | $0 |
Information technology | $589 |
Royalties | $0 |
Occupancy | $27,474 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $24,200 |
Interest | $25,882 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $99,580 |
Insurance | $14,360 |
All other expenses | $29,272 |
Total functional expenses | $573,947 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $364,044 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $7,208 |
Net Land, buildings, and equipment | $1,808,749 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $672 |
Other assets | $0 |
Total assets | $2,180,673 |
Accounts payable and accrued expenses | $653,648 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,000,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,653,648 |
Net assets without donor restrictions | -$1,214,034 |
Net assets with donor restrictions | $741,059 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,180,673 |
Over the last fiscal year, we have identified 2 grants that Gloucester Institute Inc has recieved totaling $56,600.
Awarding Organization | Amount |
---|---|
Armstrong Family Foundation Greenwood Village, CO PURPOSE: GENERAL SUPPORT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,600 |
Organization Name | Assets | Revenue |
---|---|---|
Carlos Rosario International Public Charter School Washington, DC | $40,034,612 | $31,340,985 |
Management Leadership For Tomorrow Washington, DC | $53,416,960 | $49,396,463 |
Civic Nation Washington, DC | $14,143,972 | $26,153,225 |
Lundeberg Maryland Seamanship School Inc Camp Springs, MD | $45,157,117 | $7,542,637 |
Conservative Partnership Institute Washington, DC | $31,688,292 | $45,707,730 |
The Council For Professional Recognition Washington, DC | $70,372,041 | $16,997,488 |
Iuoe Training And Education Center Inc Washington, DC | $150,888,644 | $4,876,068 |
Umbc Training Enterprises Inc Columbia, MD | $4,982,165 | $14,677,321 |
Briya Public Charter School Washington, DC | $25,664,437 | $15,256,943 |
Isha Foundation Inc Mcminnville, TN | $77,293,567 | $29,444,562 |
Council For A Strong America Washington, DC | $10,213,790 | $6,648,495 |
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA | $27,674,862 | $8,130,856 |