484 Phi Alpha Foundation Inc is located in Windham, NH. The organization was established in 2001. 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. 484 Phi Alpha 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 12/2023, 484 Phi Alpha Foundation Inc generated $94.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, 484 Phi Alpha Foundation Inc has awarded 109 individual grants totaling $1,559,250. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Sununu President | 0 | $0 | |
Eric Fitch Treasurer | 0 | $0 | |
William Putt Clerk | 0 | $0 | |
Brian Christensen Director | 0 | $0 | |
Walter Colby Director | 0 | $0 | |
Norman Webb Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $145 |
Dividends & Interest | $78,298 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $15,694 |
Capital Gain Net Income | $15,694 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $94,137 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,341 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $12,265 |
Total operating and administrative expenses | $18,006 |
Contributions, gifts, grants paid | $100,000 |
Total expenses and disbursements | $118,006 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,445 |
Savings and temporary cash investments | $2,728 |
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 | $3,270,151 |
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 |
Over the last fiscal year, 484 Phi Alpha Foundation Inc has awarded $100,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
MIT PURPOSE: FUND 3766600 IRDF | $25,000 |
MIT PURPOSE: FUND 3713305 SPORTS PERF CONST | $25,000 |
MIT PURPOSE: FUND 3495006 REIF SCHOLARSHIP | $25,000 |
MIT PURPOSE: FUND 3844065 SPORTS PERF EQUIP | $25,000 |