Paul And Helen Goransson Charitable Foundation
- Assets
- $697.5k
- Revenue
- $226.4k
- Investments
- $695.6k
- Employees
- 0
- Location
- Eliot, ME
- Founding
- 05/2014
- Data as of
- 12/2020
- EIN
- 46-3733695
Organization Overview
Paul And Helen Goransson Charitable Foundation is located in Eliot, ME. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Paul And Helen Goransson Charitable Foundation generated $226.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $102.4k during the year ending 12/2020. 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 |
|---|---|---|---|
Paul N Goransson President | 0 | $0 | |
Helen Goransson Vice President | 0 | $0 | |
Jennifer G Goransson Secretary | 0 | $0 | |
Peter A Goransson Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $172,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,317 |
| Capital Gain Net Income | $36,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,360 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $639 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,743 |
| Total operating and administrative expenses | $8,765 |
| Contributions, gifts, grants paid | $93,661 |
| Total expenses and disbursements | $102,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,855 |
| Savings and temporary cash investments | $0 |
| 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 | $697,471 |
| 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 |
Grants Awarded
Over the last fiscal year, Paul And Helen Goransson Charitable Foundation has awarded $93,661 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Portsmouth, NH PURPOSE: CHARITABLE CONTRIBUTION | $37,000 |
HOLY TRINITY CHURCH PURPOSE: CHARITABLE CONTRIBUTION | $24,361 |
OGUNQUIT PLAYHOUSE PURPOSE: CHARITABLE CONTRIBUTION | $20,000 |
LUKE KOVALCIN PURPOSE: EDUCATIONAL SCHOLARSHIP | $5,000 |
KATIE TARAN PURPOSE: EDUCATIONAL SCHOLARSHIP | $5,000 |
GREAT WORKS REGIONAL LAND TRUST PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Standards Authority Of Ireland Inc Nashua, NH | $7,440,232 | $8,610,533 |
Good Samaritan Agency Bangor, ME | $1,633,116 | $666,760 |
Boothbay Region Community Resource Council Boothbay Harbor, ME | $369,689 | $396,839 |
Paul And Helen Goransson Charitable Foundation Eliot, ME | $697,471 | $226,360 |
Community Center Of Jaffrey Jaffrey, NH | $106,340 | $0 |
Chief Michael Maloney Memorial Fund Inc Greenland, NH | $157,666 | $12,982 |
Holiday Cards 4 Our Military - Nh Challenge Nashua, NH | $710 | $0 |
Welcome Them Home Portland, ME | $0 | $658 |