Gmsa Inc
Nonprofit profile at a glance
- EIN
- 274444487
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Gloucester, VA, USA
- Phone
- 8046950700
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $32,520
- Expenses
- $39,558
- Assets
- $13,386
- Liabilities
- $1,115
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ADRIANNE JOSEPH (PRESIDENT)
People named in this filing
- ADRIANNE JOSEPH (PRESIDENT)
- ELIZABETH BLACKNEY (VICE-CHAIR)
- EMILY KING (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose is to promote the commercial vitality of the village of gloucester by supporting businesses located in the village, attracting both local residents and visitors to patronize these businesses.
What it reported doing in 2024
Host and promote events that encourage and draw business to village of gloucester
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 100
- Sustainability: 26
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.3%; rating input score 37
- Program expense ratio: 30.7%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -21.6%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -7.3% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -2.4% per year; rating input score 0; 42nd percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 37.3% of revenue deployed · 30.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.