American Congregational Association
- Assets
- $42.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Boston, MA
- Founding
- 12/1924
- Data as of
- 03/2022
- EIN
- 04-2103658
Organization Overview
American Congregational Association is located in Boston, MA. The organization was established in 1924. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 03/2022, American Congregational Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Congregational Association 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 03/2022, American Congregational Association generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.6m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION COLLECTS, PRESERVES, AND MAKES AVAILABLE MATERIALS TO ADVANCE THE STUDY AND DEEPER UNDERSTANDING OF THE CONGREGATIONAL STORY, A CRUCIAL INFLUENCE ON AMERICA'S SPIRITUAL, INTELLECTUAL, CULTURAL, AND CIVIC TRADITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW ENGLAND'S HIDDEN HISTORIES - A PROGRAM TO COLLECT AND DISPLAY ON THE INTERNET ALL EXTANT SEVENTEENTH- AND EIGHTEENTH-CENTURY NEW ENGLAND CHURCH RECORDS AS WELL AS SUPPORTING ECCLESIASTICAL PAPERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Murray-Until 43021 Executive Director | Officer | 35 | $50,723 |
Steven Silver - Until 63022 Treasurer | OfficerTrustee | 5 | $0 |
Richard Elliott Chair | OfficerTrustee | 5 | $0 |
Linda Smith Rhoads Secretary | OfficerTrustee | 5 | $0 |
Martha M Walz - From 6121 Interim Executive Director | Officer | 35 | $0 |
Christopher Bennett Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $237,871 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $411,553 |
| Total Program Service Revenue | $0 |
| Investment income | $379,641 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,408,980 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,216,371 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,858 |
| Compensation of current officers, directors, key employees. | $2,623 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $292,680 |
| Pension plan accruals and contributions | $4,271 |
| Other employee benefits | $51,085 |
| Payroll taxes | $25,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,804 |
| Fees for services: Accounting | $63,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,614 |
| Fees for services: Other | $215,535 |
| Advertising and promotion | $0 |
| Office expenses | $10,193 |
| Information technology | $43,286 |
| Royalties | $0 |
| Occupancy | $463,339 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,898 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,889 |
| Insurance | $30,715 |
| All other expenses | $0 |
| Total functional expenses | $1,575,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,620 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,352 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,859 |
| Net Land, buildings, and equipment | $2,643,786 |
| Investments—publicly traded securities | $28,428,270 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,595,155 |
| Total assets | $42,360,042 |
| Accounts payable and accrued expenses | $59,764 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $591,629 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,510,690 |
| Total liabilities | $11,162,083 |
| Net assets without donor restrictions | $31,095,439 |
| Net assets with donor restrictions | $102,520 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $42,360,042 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that American Congregational Association has recieved totaling $79,000.
| Awarding Organization | Amount |
|---|---|
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $34,000 |
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $34,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,500 |
Endowment Analysis
| Beg. Balance | $29,345,717 |
| Earnings | $762,553 |
| Other Expense | $1,680,000 |
| Ending Balance | $28,428,270 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zearn Inc New York, NY | $36,079,361 | $33,394,711 |
Uchcfc Circle Road Corp Farmington, CT | $184,016,128 | $11,665,579 |
United Community Schools Inc New York, NY | $17,599,679 | $9,226,471 |
Friends Of Hellenic Classical Charter Schools Inc Brooklyn, NY | $82,915,888 | $678,941 |
Massachusetts Green High Performance Computing Center Inc Holyoke, MA | $16,995,884 | $7,668,165 |
Student Achievement Partners Inc New York, NY | $8,247,794 | $7,455,301 |
Vmc Indemnity Company Inc Burlington, VT | $100,648,707 | $14,545,433 |
Uka Facilities Foundation Inc New York, NY | $167,163,417 | $25,000 |
Hill For Literacy Inc Woburn, MA | $4,985,114 | $5,142,068 |
Springfield Empowerment Zone Partnership Inc Springfield, MA | $1,933,246 | $3,615,602 |
Kipp Nyc Facility Holdings Inc New York, NY | $55,626,281 | $7,128,309 |
Successful Practices Network Inc Ballston Spa, NY | $2,522,540 | $4,135,083 |