Grodman Cure Foundation Inc
- Assets
- $179.7k
- Revenue
- $20.8k
- Investments
- $169.1k
- Employees
- 0
- Location
- West Bloomfield, MI
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 38-3477444
Organization Overview
Grodman Cure Foundation Inc is located in West Bloomfield, MI. The organization was established in 1999. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grodman Cure Foundation 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 12/2021, Grodman Cure Foundation Inc generated $20.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $3.6k during the year ending 12/2021. 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 |
|---|---|---|---|
Karyn Grodman President | 20 | $0 | |
Scott Grodman Vice-Pres | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,231 |
| Interest on Savings | $8 |
| Dividends & Interest | $6,670 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,908 |
| Capital Gain Net Income | $9,908 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,239 |
| Total operating and administrative expenses | $3,609 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,255 |
| Savings and temporary cash investments | $3,397 |
| 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 | $169,071 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $179,723 |
| 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 |
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