Friends Of The Marblehead Public Schools Inc
- Assets
- $224.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 04/1993
- Data as of
- 06/2021
- EIN
- 04-3143399
Organization Overview
Friends Of The Marblehead Public Schools Inc is located in Marblehead, MA. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Marblehead Public Schools 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, Friends Of The Marblehead Public Schools Inc generated $70.1k 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 (3.0%) each year. All expenses for the organization totaled $50.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) 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
GRANTS USED TO SUPPORT PUBLIC EDUCATION IN MARBLEHEAD, MA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aileen Sheehan Director | 2 | $0 | |
Kacie Rowland Treasurer | 2 | $0 | |
Ann Mizner Mckay Director | 2 | $0 | |
Tish Burke Secretary | 2 | $0 | |
Erin Hegarty Director | 1 | $0 | |
Kathy Doody Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,747 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,921 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,428 |
| Other Revenue | $0 |
| Total Revenue | $70,096 |
| 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 | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,021 |
| Other expenses | $3,670 |
| Total expenses | $50,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $224,749 |
| Other assets | $0 |
| Total assets | $224,749 |
| Total liabilities | $18,315 |
| Net assets or fund balances | $206,434 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Friends Of The Marblehead Public Schools Inc has recieved totaling $11,800.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,576 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $500 |
Someone Elses Child Marblehead, MA PURPOSE: FOR PURPOSE OF DONATION TO CHARITABLE ORGANIZATIONS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Over The Rainbow Foundation Inc Marblehead, MA PURPOSE: DONATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Hudson Valley Early Education Center Valhalla, NY | $6,537,521 | $8,697,326 |
Potsdam Auxiliary & College Educational Services Inc Potsdam, NY | $4,868,988 | $9,108,311 |
Young Judaea Global Inc New York, NY | $6,685,322 | $8,298,645 |
Whitinsville Christian School Whitinsville, MA | $27,818,325 | $8,582,823 |
Population Media Center Inc South Burlington, VT | $17,476,959 | $10,610,118 |
Northside Charter High School Brooklyn, NY | $6,329,922 | $7,435,284 |
Solutions Journalism Network Inc New York, NY | $14,817,664 | $5,853,972 |
Teaching Matters Inc New York, NY | $19,609,038 | $14,154,579 |
The Leadership Academy Inc Long Island City, NY | $7,448,053 | $8,271,640 |
King Center Charter School Buffalo, NY | $8,970,236 | $7,640,622 |
Prizmah Center For Jewish Day Schools Inc New York, NY | $4,272,126 | $6,514,448 |
Up Education Network Inc Dorchester, MA | $3,246,935 | $4,839,856 |