Marblehead Magicians Gridiron Club Inc
- Assets
- $52.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 04-2841064
Organization Overview
Marblehead Magicians Gridiron Club Inc is located in Marblehead, MA. The organization was established in 1991. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marblehead Magicians Gridiron Club 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 12/2021, Marblehead Magicians Gridiron Club Inc generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ENTITY IS A SMALL LOCAL ORGANIZATION WHICH COLLECTS CONTRIBUTIONS AND ALLOCATES THE PROCEEDS TO SCHOLARSHIPS FOR LOCAL RESIDENTS TO DEFRAY COLLEGE TUITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Edwards Treasurer | 0 | $0 | |
James Nye Director | 0 | $0 | |
Evan Harris President | 0 | $0 | |
Bruce Bial Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,324 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,004 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,328 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,137 |
| Total expenses | $21,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,886 |
| Other assets | $0 |
| Total assets | $52,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,886 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marblehead Magicians Gridiron Club Inc has recieved totaling $20,700.
| Awarding Organization | Amount |
|---|---|
Coughlin Fam Tr Marblehead, MA PURPOSE: CONTRIBUTION TO A 501C3 CHARITY | $20,700 |
Peer Organizations
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|---|---|---|
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |