funder logo

John T Gorman Foundation

John T Gorman Foundation

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

John T Gorman Foundation

Portland, ME, US
501(c)(3)
EIN
01-0498551
Open for Solicitation
Private Foundation
Regional Funder
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,640,176

Other
85%
Investments
15%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$10,922,942

Grants
69%
Salaries & Benefits
16%
Fees to Service Providers
9%
Other
4%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,520,851
$1,995,736
+31%
Other
$11,780,151
$11,644,440
-1%
Total Revenues
$13,301,002
$13,640,176
+3%
Expenses
2023
2024
Change
Grants
$8,467,235
$7,535,759
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,628,485
$1,710,741
+5%
Fees to Service Providers
$802,227
$976,993
+22%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$186,013
$188,768
+1%
Interest
$0
$0
-
Depreciation
$67,292
$59,438
-12%
Other
$451,231
$451,243
+0%
Total Expenses
$11,602,483
$10,922,942
-6%
Net income
2023
2024
Change
Net income
+$1,698,519
+$2,717,234
+60%
Income Statement
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