Lgbt Community Charities Inc
- Assets
- $4.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, MA
- Founding
- 06/2014
- EIN
- 46-2780502
Organization Overview
Lgbt Community Charities Inc is located in Salem, MA. The organization was established in 2014. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lgbt Community Charities 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 undefined, Lgbt Community Charities Inc generated $45.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $45.4k during the year ending undefined. While expenses have increased by 15.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST NOT-FOR-PROFITS IN WORKPLACE GIVING CAMPAIGNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2017-2018, WE WORKED WITH ORGANIZATIONS TO HELP THEM PARTICIPATE IN AND RECEIVE FUNDING FROM THE COMBINED FEDERAL CAMPAIGN. THIS INVOLVED HELPING MEMBER CHARITIES PREPARE SUCCESSFUL APPLICATIONS, PROVIDING THEM ADVICE ON MARKETING, AND TRACKING AND DISTRIBUTING DONATIONS FROM THE CAMPAIGN. DURING THE FISCAL YEAR, WE MADE DISTRIBUTIONS OF OVER $57,400.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephan Gilchrist Vice President/treasurer | OfficerTrustee | 1 | $0 |
David Reiffel President | OfficerTrustee | 1 | $0 |
Judi Holley Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,886 |
| Total Program Service Revenue | $6,283 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,169 |
| Statement of Expenses | |
|---|---|
| Total expenses | $45,376 |
| Balance Sheet | |
|---|---|
| Total assets | $4,724 |
| Total liabilities | $2,689 |
| Net assets or fund balances | $2,035 |
Grants Awarded
Over the last fiscal year, Lgbt Community Charities Inc has awarded $25,416 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SEXUAL MINORITY YOUTH ASSISTANCE LEAGUE PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $14,674 |
NATIONAL LESBIAN AND GAY LAW FOUNDATION PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $5,629 |
AMERICAN MILITARY PARTNER ASSOCIATION THE PURPOSE: TO ASSIST IN THE ORGANIZATION'S EXEMPT PURPOSES. | $5,113 |