Rutland High School Foundation Inc
- Assets
- $506.5k
- Revenue
- $32.7k
- Investments
- $481.3k
- Employees
- 0
- Location
- Rutland, VT
- Founding
- 12/1993
- Data as of
- 06/2021
- EIN
- 03-0334417
Organization Overview
Rutland High School Foundation Inc is located in Rutland, VT. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rutland High School Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Rutland High School Foundation Inc generated $32.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $11.2k during the year ending 06/2021. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE AWARDED TO RUTLAND HIGH SCHOOL STUDENTS ANDTO THE ACCREDITED COLLEGES THAT THEY WILL BE ATTENDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Crowley Vice President | 0 | $0 | |
John H Bloomer Jr President | 0 | $0 | |
Kenneth Nelson Director | 0 | $0 | |
Mark Candon Treasurer | 0 | $0 | |
Thomas S O'brien Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $4,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,875 |
| Capital Gain Net Income | $27,875 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,200 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $11,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,119 |
| 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 | $481,348 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $506,467 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $438 |
| Total liabilities | $10,438 |
Grants Awarded
Over the last fiscal year, Rutland High School Foundation Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GIOVANNI FALCO PURPOSE: SCHOLARSHIP | $5,000 |
ANA AGUILAR BAEZ PURPOSE: SCHOLARSHIP | $5,000 |
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|---|---|---|
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Concord Consortium Inc Concord, MA | $4,473,971 | $11,489,391 |
Charles E Cotting Charitable Corp Boston, MA | $113,711,021 | $14,477,400 |
The Graduate Center Foundation Inc New York, NY | $72,994,369 | $16,026,752 |
Friends Of Mcgill University Inc New Rochelle, NY | $10,774,766 | $8,029,117 |