Gloucester Community Center EIN 92-3673814 Form 990 (PDF) Claim this org

Gloucester Community Center

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Fosters local civic pride and awareness. For fiscal year 2025 it reported $20K in revenue, $18K in expenses, and $119K in net assets.Pt I

Type
Membership association · Human Services
Location
Gloucester, NC
Filings
3 on file (2023–2025)
Revenue
$20KFY2025
Expenses
$18K
Net assets
$119K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  92-3673814 Membership association Gloucester, NC
Form 990 (PDF)
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Size
<$100K
What they do
Fosters local civic pride and awareness.
Leadership
Tom Roberts · President
Money in and out
$20K revenue, $18K expenses
Bottom line
+9% operating surplus
Membership & operating revenue · FY2025
Total revenue
$20K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.15 Fundraising $0.17
Operating surplus
+9%
revenue over expenses▲ +291% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Program spending
67%
of expenses reach member services▲ +23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$20K
FY2025-0.4%
Expenses
$18K
FY2025▼ -13%
Total assets
$119K
FY2025▲ +155%
Total liabilities
$0
FY2025
Total revenue
$20K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$119K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGloucester Community Center
EINHdr · item D92-3673814
Principal addressHdr · item CGloucester, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJan 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $12K of program spending, described in the organization's own filed words · FY2025.
01

To provide A scholarship to the local Highschool Graduates.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$18K · 88%
Other revenue$2K · 9%
Investment income$615 · 3%
Contributions & grants88%$18K
Other revenue9%$2K
Investment income3%$615
Total revenueLn 12$20K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.15 Fundraising $0.17
Program services67%$12K
Management & general15%$3K
Fundraising17%$3K
Total functional expensesLn 25$18K

Balance Sheet

Part X · end of year
CashLn 1$51K
Total assetsLn 16$119K
Total liabilitiesLn 26$0
Total net assetsLn 32$119K
Months of cash on handcomputed33.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $51K · Operating expenses/yr $18K
33.4 months
Where the money goes
Program services
Program services $12K · Total expenses $18K
67%
Management & General
Management & general $3K · Total expenses $18K
15%
Fundraising
Fundraising $3K · Total expenses $18K
17%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $17K
$0.31 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $18K · Total revenue $20K
88%
Government reliance
Government grants — · Total revenue $20K
Earned-income share
Program service revenue $0 · Total revenue $20K
0%
Investment reliance
Investment income $615 · Total revenue $20K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $18K
0%
Growth & trend
Revenue growth (YoY)
This year $20K · Prior year $20K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $119K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $20K · Expenses $18K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $119K
Net-asset ratio
Net assets $119K · Total assets $119K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $119K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tom Roberts · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $18K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $18K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 15%
Fundraising cost ratio 18%
Revenue growth -0.4%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$20K revenue · viewing · ⤓ 990 PDF
FY2024$20K revenue · ⤓ 990 PDF
FY2023$15K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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