Trustees Of The School Fund In The Town Of Hopkinton Massachusetts
- Assets
- $100.2k
- Revenue
- $2.3k
- Investments
- $98.2k
- Employees
- 0
- Location
- Hopkinton, MA
- Founding
- 05/1993
- Data as of
- 06/2022
- EIN
- 04-3152513
Organization Overview
Trustees Of The School Fund In The Town Of Hopkinton Massachusetts is located in Hopkinton, MA. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Trustees Of The School Fund In The Town Of Hopkinton Massachusetts 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 06/2022, Trustees Of The School Fund In The Town Of Hopkinton Massachusetts generated $2.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $6.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Lagasse President | 1 | $0 | |
Kathryn Tighe Trustee | 1 | $0 | |
Kimberly Niemi Trustee | 1 | $0 | |
Erin Graziano Trustee | 1 | $0 | |
Carly Grant Trustee | 1 | $0 | |
Elizabeth Hahesy Getchell Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $949 |
| Capital Gain Net Income | $949 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $816 |
| Contributions, gifts, grants paid | $5,218 |
| Total expenses and disbursements | $6,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,973 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $31,387 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,187 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Trustees Of The School Fund In The Town Of Hopkinton Massachusetts has awarded $5,255 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOPKINTON MIDDLE SCHOOL PURPOSE: GRANT FOR HEARTMATH EMWAVE TECHNOLOGY | $3,495 |
ELMWOOD SCHOOL PURPOSE: GRANT FOR GENERATION MINDFUL TOOLKITS. | $1,260 |
HOPKINS SCHOOL PURPOSE: GRANT FOR PURCHASE OF BOOKS USED TO SUPPORT ANTI-RACISM INITIATIVES. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Rit Global Delivery Corporation Rochester, NY | $10,659,016 | $9,744,189 |
Concord Consortium Inc Concord, MA | $4,473,971 | $11,489,391 |
Charles E Cotting Charitable Corp Boston, MA | $113,711,021 | $14,477,400 |
The Graduate Center Foundation Inc New York, NY | $72,994,369 | $16,026,752 |
Friends Of Mcgill University Inc New Rochelle, NY | $10,774,766 | $8,029,117 |