Dennis & Marion Mavrogenis Tr
- Assets
- $2.3m
- Revenue
- $177.6k
- Investments
- $2.2m
- Employees
- 0
- Location
- Saugus, MA
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 04-3179137
Organization Overview
Dennis & Marion Mavrogenis Tr is located in Saugus, MA. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Dennis & Marion Mavrogenis Tr 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 12/2023, Dennis & Marion Mavrogenis Tr generated $177.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $126.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dennis & Marion Mavrogenis Tr has awarded 111 individual grants totaling $871,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE PART XIV SUPPLEMENTARY INFORMATION LIST OF SCHOLARSHIPS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,432 |
| Dividends & Interest | $37,614 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,581 |
| Capital Gain Net Income | $116,581 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $177,627 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $785 |
| Total operating and administrative expenses | $34,815 |
| Contributions, gifts, grants paid | $91,300 |
| Total expenses and disbursements | $126,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,415 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,304,985 |
| 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, Dennis & Marion Mavrogenis Tr has awarded $91,300 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY FBO LEENA SARHAN PURPOSE: SCHOLARSHIP | $12,000 |
ENDICOTT COLLEGE FBO ELLA MORGAN PURPOSE: SCHOLARSHIP | $12,000 |
WENTWORTH INSTITUTE OF TECH FBO ISABELL CUNHA PURPOSE: SCHOLARSHIP | $12,000 |
UNIVERSITY OF MASS BOSTON FBO ANA ENARNACION PURPOSE: SCHOLARSHIP | $12,000 |
SALEM STATE UNIVERSITY FBO BREANNA STEAD PURPOSE: SCHOLARSHIP | $12,000 |
SALEM STATE UNIVERSITY FBO MARISABEL PIMENTAL PURPOSE: SCHOLARSHIP | $7,300 |