Pta Massachusetts Parent-Teacher Association Inc is located in Lexington, MA. The organization was established in 1947. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Pta Massachusetts Parent-Teacher Association 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 06/2024, Pta Massachusetts Parent-Teacher Association Inc generated $64.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $64.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE WELFARE OF CHILDREN & YOUTH IN SCHOOL, HOME & COMMUNITY. TO PROVIDE A CLOSER RELATION OF THE HOME & SCHOOL SO PARENTS & TEACHERS MAY COOPERATE IN THE EDUCATION OF CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lydia Lee President | 5 | $0 | |
Ivy Goldman Secretary | 2 | $0 | |
Han-Ying Peggy Chang Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,545 |
Total Program Service Revenue | $24,123 |
Membership dues | $7,550 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $18,943 |
Other Revenue | $0 |
Total Revenue | $64,161 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,916 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $54,378 |
Total expenses | $64,868 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,193 |
Other assets | $0 |
Total assets | $77,193 |
Total liabilities | $0 |
Net assets or fund balances | $77,193 |