Gladys Groves Copeland Foundation Inc
- Assets
- $132.9k
- Revenue
- $11.5k
- Investments
- $99.9k
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 12/2004
- Data as of
- 12/2017
- EIN
- 20-1741048
Organization Overview
Gladys Groves Copeland Foundation Inc is located in Quincy, MA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2017, Gladys Groves Copeland Foundation Inc generated $11.5k 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 (47.5%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2017. 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 |
|---|---|---|---|
Martha Verdone President | 1 | $0 | |
Jamie Nadeau Cody Clerk | 1 | $0 | |
Michael T Cody Treasurer | 1 | $0 | |
Martha Verdone Director | 1 | $0 | |
Michael T Cody Director | 1 | $0 | |
Martha Verdone President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,041 |
| Capital Gain Net Income | $8,041 |
| Net ST Capital Gain | $10 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,359 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $20,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,018 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $132,884 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |