GLOUCESTER WORLD WAR II MEMORIAL FUND INC

EIN: 384181861 501(c)(3) Unknown

GLOUCESTER, MA

Total Revenue
$265,822
Total Expenses
$238
Total Assets
$265,584
Net Assets
$265,584
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Phone
9782390173
Tax Period
2022-01-01 to 2022-12-31

GLOUCESTER WORLD WAR II MEMORIAL FUND INC, founded in 2021, is a small nonprofit in the Unknown sector that reported $266K in total revenue in fiscal year 2022. The organization ran a surplus of $266K, a strong 100% operating margin.

Mission

THE PRESERVATION AND MAINTENANCE OF THE GLOUCESTER WWII VETERAN'S MEMORIAL MONUMENT. SUPPORT FOR VETERANS' ORGANIZATIONS IN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $265,412
Program Service Revenue $0
Investment Income $410
Other Revenue $0
TOTAL REVENUE $265,822

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $238
Other Expenses $238
TOTAL EXPENSES $238

Year-over-Year Comparison

2022 2021 Change
Revenue $265,822 N/A N/A
Expenses $238 N/A N/A
Net Income $265,584 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD LINQUATA President 1.00
Director
$0 $0 $0
WILLIAM ELLIS DECEASED TREASURER 1.00
Director
$0 $0 $0
ROGER ARMSTRONG CLERK 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $265,822 $238 $265,584 $265,584
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