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John T Gorman Foundation

John T Gorman Foundation

Portland, ME, US
•
501(c)(3)
•
EIN
01-0498551
•
www.jtgfoundation.org
•
Open for Solicitation
Private Foundation
Regional Funder
Family Foundation
funder logo

John T Gorman Foundation

Portland, ME, US
•
501(c)(3)
•
EIN
01-0498551
•
www.jtgfoundation.org
•
Open for Solicitation
Private Foundation
Regional Funder
Family Foundation
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$223,518,154

Investments
96%
Cash & Equivalents
2%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$2,086,257

Other Liabilities
70%
Payables & Accruals
30%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$2,934,694
$4,829,045
+65%
Receivables (Non-Related)
$5,622,367
$3,671,238
-35%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$782,224
$654,870
-16%
Investments
$203,805,513
$213,548,730
+5%
Property, Plant, & Equipment (net)
$294,927
$244,630
-17%
Other Assets
$706,574
$569,641
-19%
Total Assets
$214,146,299
$223,518,154
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$693,023
$624,839
-10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,474,602
$1,461,418
-1%
Total Liabilities
$2,167,625
$2,086,257
-4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$211,978,674
$221,431,897
+4%
Net assets
2023
2024
Change
Net assets
+$211,978,674
+$221,431,897
+4%
Balance Sheet
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