Springfield School Volunteers Foundation Incorporated
- Assets
- $1.1m
- Revenue
- $45.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-1503384
Organization Overview
Springfield School Volunteers Foundation Incorporated is located in Springfield, MA. The organization was established in 2004. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Springfield School Volunteers Foundation Incorporated 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 12/2021, Springfield School Volunteers Foundation Incorporated generated $45.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE AND GROW FUNDS FOR THE EXCLUSIVE PURPOSE OF MAINTAINING THE SHORT AND LONG TERM FISCAL STABILITY OF THE SPRINGFIELD SCHOOL VOLUNTEERS AND ITS ABILITY TO CARRY OUT ITS MISSION AND ASSOCIATED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SPRINGFIELD PUBLIC SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Cogman Ex Officio Director | OfficerTrustee | 1 | $0 |
Cheryl Ronzoni Chair | OfficerTrustee | 1 | $0 |
John Glenn Clerk | OfficerTrustee | 1 | $0 |
Sylvia Dehass-Phillips Vice Chair | OfficerTrustee | 1 | $0 |
George Petrakis Treasurer | OfficerTrustee | 1 | $0 |
Mary Wilson Kibbe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $20,905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,608 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,321 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,021,896 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,064,217 |
| 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 | $1,064,217 |
| Net assets with donor restrictions | $0 |
| 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 | $1,064,217 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Springfield School Volunteers Foundation Incorporated has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Womens Fund Of Western Massachusetts Springfield, MA PURPOSE: GRANT | $10,000 |
Womens Fund Of Western Massachusetts Springfield, MA PURPOSE: GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sattler College Inc Boston, MA | $4,505,835 | $11,233,247 |
Sterling College Craftsbury Common, VT | $8,938,081 | $9,817,486 |
Hebrew College Newton, MA | $18,470,927 | $14,279,250 |
Fei Tian College Cuddebackville, NY | $23,027,384 | $17,138,947 |
Goddard College Corporation Plainfield, VT | $9,435,038 | $9,382,113 |
Glasgow Caledonian New York College New York, NY | $1,610,986 | $5,230,742 |
Thomas More College Of Liberal Arts Incorporated Merrimack, NH | $7,226,691 | $5,235,090 |
Morrisville College Foundation Inc Morrisville, NY | $23,531,856 | $5,429,338 |
Magdalen College Warner, NH | $4,581,565 | $4,198,746 |
Naval War College Foundation Inc Newport, RI | $47,645,265 | $3,900,088 |
Rhode Island College Foundation Providence, RI | $46,078,068 | $6,584,099 |
Campus Auxiliary Services Inc New Paltz, NY | $12,567,580 | $4,107,071 |