Swampscott Education Foundation Inc
- Assets
- $46.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Swampscott, MA
- Founding
- 08/1990
- Data as of
- 06/2021
- EIN
- 04-3062500
Organization Overview
Swampscott Education Foundation Inc is located in Swampscott, MA. The organization was established in 1990. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Swampscott Education 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, Swampscott Education Foundation Inc generated $56.0 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 (65.2%) each year. All expenses for the organization totaled $2.7k during the year ending 06/2021. 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
FUND GRANTS TO SUPPORT AND ENHANCE THE SWAMPSCOTT SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ritchie President/director | 1 | $0 | |
Megan Meleg Treasurer/director | 1 | $0 | |
Susan Sinrich Vice President/director | 1 | $0 | |
Janell A Cameron Clerk/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56 |
| 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 | $748 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $107 |
| Total expenses | $2,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,536 |
| Other assets | $0 |
| Total assets | $46,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,536 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Swampscott Education Foundation Inc has recieved totaling $3,013.
| Awarding Organization | Amount |
|---|---|
The@lorraine Beckham Ashe Foundation Provo, UT PURPOSE: GENERAL PURPOSE | $1,500 |
The@lorraine Beckham Ashe Foundation Provo, UT PURPOSE: GENERAL PURPOSE | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
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