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Nonprofit · EIN 04-3438130

GALEN GIBSON SCHOLARSHIP TRUST CORPORATION

Tax-exempt · GLOUCESTER, MA 01930

Financials

$22K$22K2023$42K$27K2024
Revenue Expenses · by fiscal year end
Financials of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$42,342$26,826$15,516$96,693–$96,693
December 31, 2023990-EZ$21,567$21,545$22$78,503–$78,503
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$37,185
Investment income
$3,163
Net gain from sales of assets
$1,994

Expenses

Compensation of officers, directors and key employees
$0
Printing, publications and postage
$359
Other expenses
$26,467
Program services (functional)
$24,952

Balance sheet and other

Total assets, start of year
$78,501
Total assets, end of year
$96,693
Total liabilities, end of year
–
Net assets, end of year
$96,693
Cash, savings and investments
$96,693
Gross receipts
$42,809

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GREGORY A GIBSONPRESIDENT0$0
ANNE MARIE CROTTYDIRECTOR0$0
MARY TESS CROTTYDIRECTOR0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GREGORY A GIBSONPRESIDENT0$0
ANNE MARIE CROTTYDIRECTOR0$0
MARY TESS CROTTYDIRECTOR0$0

Address and contacts

Address (IRS master file)
77 LANGSFORD ST, GLOUCESTER, MA 01930-1062
In care of
% GREGORY GIBSON
Mailing address (990-N for 2013)
76 Langsford Street, Gloucester MA 01930
Principal officer (990-N for 2013)
Gregory Gibson, 76 Langsford Street, Gloucester MA 01930
Signed the 990-EZ
GREGORY A GIBSON, PRESIDENT
Phone
(978) 283-5299
Return prepared by
DOREEN R CARTER CPA

Mission

TO PROVIDE FINANCIAL AID TO GRADUATES OF GLOUCESTER MASS. HIGH SCHOOL

990-EZ for the year ended December 31, 2024

Program accomplishments

  • DONATIONS & SCHOLARSHIPS AWARDS
    Expenses $24,952

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
04-3438130
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$96,693
Income (IRS master file)
$42,809

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$42,342$26,826$96,693XML
990-EZDecember 2023$21,567$21,545$78,503XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2013
Officer: Gregory Gibson
December 31, 2013≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3438130).

Questions about GALEN GIBSON SCHOLARSHIP TRUST CORPORATION

What is the EIN of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION?
The employer identification number (EIN) of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION is 04-3438130.
Is GALEN GIBSON SCHOLARSHIP TRUST CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GALEN GIBSON SCHOLARSHIP TRUST CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GALEN GIBSON SCHOLARSHIP TRUST CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GALEN GIBSON SCHOLARSHIP TRUST CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION?
The 990-N for 2013 names Gregory Gibson.
Who are the officers and directors of GALEN GIBSON SCHOLARSHIP TRUST CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GALEN GIBSON SCHOLARSHIP TRUST CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $42,342, expenses of $26,826 and total assets of $96,693 at year end.

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