Mount Pleasant Memorial Scholarship Fund Inc is located in Lowell, MA. The organization was established in 1996. 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. Mount Pleasant Memorial Scholarship Fund 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 06/2022, Mount Pleasant Memorial Scholarship Fund Inc generated $13.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $16.7k during the year ending 06/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS ABLE TO GRANT SCHOLARSHIPS TO 21 INDIVIDUALS ON JUNE 22, 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna L Foley Secretary | 0.25 | $0 | |
Timothy Patterson Treasurer | 0.25 | $0 | |
Ann Murphy Director | 0.25 | $0 | |
Sean Moriarty President | 0.25 | $0 | |
Kenneth Bowser Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,275 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,445 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $13,720 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $312 |
Total expenses | $16,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $76,806 |
Other assets | $0 |
Total assets | $76,806 |
Total liabilities | $0 |
Net assets or fund balances | $76,806 |
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