Barbara & Edward Obrien Scholarshipfund Inc
- Assets
- $170.2k
- Revenue
- $3.4k
- Investments
- $27.9k
- Employees
- 0
- Location
- Hull, MA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-5975392
Organization Overview
Barbara & Edward Obrien Scholarshipfund Inc is located in Hull, MA. The organization was established in 2007. 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. Barbara & Edward Obrien Scholarshipfund 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 12/2021, Barbara & Edward Obrien Scholarshipfund Inc generated $3.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $5.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP WAS AWARDED TO DESERVING HULL SENIOR UPON GRADUATION. THE STUDENT WAS SELECTED FROM A POOL OF APPROXIMATELY 75 GRADUATES FROM THE CLASS OF 2020. SELECTION WAS BASED ON THE FOLLOWING CRITERIA - GRADE POINT AVERAGE OF AT LEAST 3.00, ACTIVE IN SCHOOL COMMUNITY, CLUBS AND SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda O'brien Treasurer | 1 | $0 | |
Mary Merrigan President | 1 | $0 | |
Barbara O'brien Clerk | 1 | $0 | |
Edward O'brien Director | 0.5 | $0 | |
John O'brien Director | 0.5 | $0 | |
James O'brien Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $666 |
| Dividends & Interest | $2,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $5,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $142,317 |
| 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 | $170,242 |
| 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 |
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