A Global Chorus Foundation
- Assets
- $33.0m
- Revenue
- $507.1k
- Investments
- $30.0m
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- Data as of
- 12/2021
- EIN
- 82-3796289
Organization Overview
A Global Chorus Foundation is located in Wellesley, MA. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Global Chorus Foundation 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, A Global Chorus Foundation generated $507.1k 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 (3.6%) each year. All expenses for the organization totaled $754.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 3 years. 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 |
|---|---|---|---|
Starlee D Sharp Vice President & Secretary | 1 | $0 | |
Michael K Sharp President & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,092 |
| Dividends & Interest | $377,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,002 |
| Capital Gain Net Income | $1,566,082 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$72,030 |
| Total Revenue | $507,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $184 |
| Taxes | $29,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,814 |
| Total operating and administrative expenses | $279,599 |
| Contributions, gifts, grants paid | $474,728 |
| Total expenses and disbursements | $754,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,108,172 |
| 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 | $10,107,259 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,874,174 |
| Total assets | $32,966,979 |
| 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 | $10,200 |
| Other liabilities | $0 |
| Total liabilities | $10,200 |
Grants Awarded
Over the last fiscal year, A Global Chorus Foundation has awarded $474,728 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Provo, UT PURPOSE: OPERATING GRANT | $237,364 |
SCHWAB CHARITABLE DAF PURPOSE: OPERATING GRANT | $237,364 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Social Finance Inc Boston, MA | $95,994,128 | $81,693,226 |
New York Womens Foundation New York, NY | $31,744,630 | $15,820,113 |
Fund For The Aged Inc New York, NY | $109,939,296 | $8,972,478 |
Sdsn Association Inc New York, NY | $10,017,542 | $13,246,367 |
Greater Ridgewood Youth Council Inc Ridgewood, NY | $6,525,051 | $8,713,714 |
Glasswing International Usa Inc New York, NY | $37,699,055 | $11,179,883 |
The Samberg Family Foundation Katonah, NY | $0 | $4,486,499 |
Single Stop Usa Inc New York, NY | $4,715,111 | $5,987,742 |
Malchus Foundation Brooklyn, NY | $24,956,883 | $30,497,983 |
The Disability Fund Inc Rockville Centre, NY | $63,283,408 | $4,939,746 |
Barrier Free Living Holding Inc Bronx, NY | $3,190,190 | $5,409,124 |
The Viscardi Center Inc Albertson, NY | $40,315,327 | $5,189,611 |