Gastrocares Inc is located in Chevy Chase, MD. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gastrocares 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 12/2023, Gastrocares Inc generated $100.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MAJOR PROGRAM IS THE INTERNSHIP PROGRAM. IN PURSUIT OF OUR MISSION, GASTROCARES HAS DEVELOPED SEVERAL CORNERSTONE PROJECTS GEARED TOWARDS HIGH SCHOOL AND COLLEGE STUDENTS. THIS INCLUDES A PARTNERSHIP WITH HIGH SCHOOLS IN WASHINGTON DC COMPRISED OF PREDOMINANTLY AFRICAN AMERICAN AND LATINX STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dominique E Howard Chairman | 5 | $0 | |
Roderick B Kreisberg Vice Chairman | 5 | $0 | |
Aamir Ali Board Of Managers | 5 | $0 | |
Michael L Weinstein Director | 5 | $0 | |
Ann Marie Stephenson Thomas Director | 5 | $0 | |
David Young Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100,700 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $100,700 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,862 |
Occupancy, rent, utilities, and maintenance | $2,400 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,806 |
Total expenses | $18,068 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $167,886 |
Other assets | $0 |
Total assets | $176,086 |
Total liabilities | $0 |
Net assets or fund balances | $176,086 |
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