Joseph & Clara Flynn Scholarship Trust
- Assets
- $967.4k
- Revenue
- $248.1k
- Investments
- $903.9k
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 04-6215821
Organization Overview
Joseph & Clara Flynn Scholarship Trust is located in Bedford, NH. The organization was established in 0000. 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.
For the year ending 12/2021, Joseph & Clara Flynn Scholarship Trust generated $248.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $84.0k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 6 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.
Since 2016, Joseph & Clara Flynn Scholarship Trust has awarded 86 individual grants totaling $324,775. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,432 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $228,693 |
| Capital Gain Net Income | $228,693 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,000 |
| Total Revenue | $248,125 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,532 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $584 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $22,001 |
| Contributions, gifts, grants paid | $62,000 |
| Total expenses and disbursements | $84,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,540 |
| 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 | $967,417 |
| 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, Joseph & Clara Flynn Scholarship Trust has awarded $62,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KYRA GRAUSTEIN PURPOSE: SCHOLARSHIP | $15,000 |
KADEN SCOPELLITI PURPOSE: SCHOLARSHIP | $11,000 |
ETHAN AUBUCHON PURPOSE: SCHOLARSHIP | $10,000 |
SEAN D MCCUE PURPOSE: SCHOLARSHIP | $9,000 |
ERIN DONELAN PURPOSE: SCHOLARSHIP | $9,000 |
ZACHARY LEGROS PURPOSE: SCHOLARSHIP | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Alfond Scholarship Foundation Portland, ME | $2,013,971 | $7,474,819 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |
Island Institute Rockland, ME | $34,942,404 | $7,827,911 |
Thrive Scholars Boston, MA | $14,006,320 | $13,719,971 |
Boston Latin School Association Boston, MA | $71,373,277 | -$8,021,699 |
Feigenbaum Foundation Inc Pittsfield, MA | $77,550,637 | $8,621,230 |
Bpe Roxbury, MA | $4,024,536 | $5,203,233 |
The Francis Ouimet Scholarship Fund Inc Norton, MA | $27,290,373 | $6,126,185 |