The Manhasset School Community Association Inc
- Assets
- $841.0k
- Revenue
- $333.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Manhasset, NY
- Founding
- 10/1982
- Data as of
- 08/2021
- EIN
- 11-2615673
Organization Overview
The Manhasset School Community Association Inc is located in Manhasset, NY. The organization was established in 1982. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Manhasset School Community Association 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 08/2021, Manhasset School Community Association Inc generated $333.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $381.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Manhasset School Community Association Inc has awarded 15 individual grants totaling $696,902. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR PURPOSE IS TO PROMOTE CLOSER COOPERATION BETWEEN TEACHERS AND PARENTS, SCHOOL AND THE COMMUNITY AND TO FURTHER AT ALL TIMES THE BEST INBTERESTS OF AND HIGHEST ADVANTAGES IN THE PHYSICAL, MENTAL, SOCIAL AND ETHICAL EDUCATION OF OUR YOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SATURDAY SERIES- A PROGRAM OFFERING VARIOUS CLASSES IN THE ARTS, SCIENCES, AND RECREATION DESIGNED TO STIMULATE AND ENRICH MANHASSET'S YOUNG PEOPLE.
SENIOR FROLIC- DESIGNED TO PROVIDE A SAFE ENVIRONMENT FOR THE GRADUATION CELEBRATIONS OF THE MANHASSET HIGH SCHOOL SENIOR CLASS.
EDUCATIONAL GRANTS/SCHOLARSHIPS- PROVIDES FUNDS FOR THE FURTHERING THE POST-SECONDARY EDUCTION OF MANHASSET HIGH SCHOOL GRADUATES IN FINANCIAL NEED. ALSO INCLUDED ARE SENIOR AWARDS AND SCA AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Fleck Co Exec Pres | OfficerTrustee | 15 | $0 |
Cathy Conniff Co Exec Pres | OfficerTrustee | 15 | $0 |
Tania Kapoor Treasurer | OfficerTrustee | 15 | $0 |
Christine Shah Exec Secretary | OfficerTrustee | 15 | $0 |
Markella Maliagros Ms Pres | Trustee | 15 | $0 |
Cathy Croce Mp Pres | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,140 |
| Fundraising events | $16,107 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,093 |
| Total Program Service Revenue | $100,172 |
| Investment income | $6,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,573 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $333,605 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,330 |
| Grants and other assistance to domestic individuals. | $46,573 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,398 |
| Office expenses | $11,815 |
| Information technology | $4,704 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,073 |
| Insurance | $1,569 |
| All other expenses | $26,296 |
| Total functional expenses | $381,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,588 |
| Savings and temporary cash investments | $5,073 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,066 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,035 |
| Investments—publicly traded securities | $571,549 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,735 |
| Total assets | $841,046 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $653,473 |
| Net assets with donor restrictions | $187,573 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $841,046 |
Grants Awarded
Over the last fiscal year, The Manhasset School Community Association Inc has awarded $27,330 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MANHASSET PUBLIC SCHOOLS PURPOSE: Gift | $17,330 |
Manhasset, NY PURPOSE: Substance Abuse | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Manhasset School Community Association Inc has recieved totaling $736.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $736 |
Endowment Analysis
| Beg. Balance | $571,119 |
| Earnings | $430 |
| Ending Balance | $571,549 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Brunswick School Inc Greenwich, CT | $416,319,503 | $63,510,846 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |