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OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

Oneida, NY, US
a.k.a The Gorman Foundation
501(c)3
EIN
22-6927092
Open for Solicitation
Private Foundation
Regional Funder
funder logo

OWEN T & ALICE M GORMAN TESTAMENTARY CHARITABLE TR U/W/O ALICE M GORMAN

Oneida, NY, US
a.k.a The Gorman Foundation
501(c)3
EIN
22-6927092
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$739,683

Other
64%
Investments
36%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,746,067

Grants
42%
Salaries & Benefits
28%
Other
14%
Depreciation
9%
Fees to Service Providers
5%
Offices, Occupancy & IT
2%
Interest
1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$8,784
$2,310
-74%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$328,602
$264,022
-20%
Other
$279,530
$473,351
+69%
Total Revenues
$616,916
$739,683
+20%
Expenses
2023
2024
Change
Grants
$586,597
$732,564
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$447,083
$483,697
+8%
Fees to Service Providers
$104,075
$89,675
-14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$37,202
$28,070
-25%
Interest
$23,919
$20,647
-14%
Depreciation
$157,815
$153,465
-3%
Other
$241,287
$237,949
-1%
Total Expenses
$1,597,978
$1,746,067
+9%
Net income
2023
2024
Change
Net income
-$981,062
-$1,006,384
-3%
Income Statement
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