Walter E Fernald Association Inc is located in Watertown, MA. The organization was established in 1991. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter E Fernald 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, Walter E Fernald Association Inc generated $1.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $13.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION HELPS IN THE SUPPORT OF THE DISABLED RESIDENTS OF THE WALTER F. FERNALD DEVELOPMENT CENTER AND ELSEWHERE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Gray-Nix Presidentdirector | 0 | $0 | |
Maureen Greeley Treasurerdirector | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1 |
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 | $5,300 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $50 |
Other expenses | $0 |
Total expenses | $13,055 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |