Auburndale Community Charitable Foundation Inc
- Assets
- $59.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 12/1997
- Data as of
- 04/2024
- EIN
- 04-3389789
Organization Overview
Auburndale Community Charitable Foundation Inc is located in Newton, MA. The organization was established in 1997. 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. Auburndale Community Charitable Foundation 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 04/2024, Auburndale Community Charitable Foundation Inc generated $68.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $51.5k during the year ending 04/2024. While expenses have increased by 0.7% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS FOR QUALIFIED CANDIDATES WHO LIVE IN AUBURNDALE, MA OR SURROUNDING COMMUNITY. CANDIDATES ARE EVALUATED BASED ON CRITERIA. PROSPECTIVE CANDIDATES SUBMIT A WRITTEN APPLICATION TO A SELECTION COMMITTEE. THE COMMITTEE WILL PERSONALLY INTERVIEW EACH CANDIDATE AND EVALUATE CANDIDATE BASED ON ACADEMIC PERFORMANCE, MOTIVATION, CHARACTER, AND ABILITY. FINANCIAL CONSIDERATION DOES NOT RECEIVE ANY GREATER WEIGHT THAN OTHER CRITERIA. THE SCHOLARSHIP IS PAID DIRECTLY TO THE INDIVIDUAL. THE FOUNDATION MONITORS RECIPIENTS ACADEMIC PERFORMANCE AND RECEIVES UPDATES FROM THE SCHOOL FACULTY. EIGHTEEN SCHOLARSHIPS WERE AWARDED IN FISCAL YEAR ENDED 4/30/2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric D Boecher Treasurer | 1 | $0 | |
Joseph A DE Vito President | 1 | $0 | |
Deborah A Conzo Clerk | 1 | $0 | |
Carol E Chafetz Director | 1 | $0 | |
Kenneth C Brennan Director | 1 | $0 | |
John E Butterworth Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,435 |
| Other Revenue | $0 |
| Total Revenue | $68,085 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35 |
| Total expenses | $51,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,629 |
| Other assets | $0 |
| Total assets | $59,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,629 |