The Craig P Hutchinson Memorial Scholarship Foundation Inc is located in Nashua, NH. The organization was established in 2008. 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. Craig P Hutchinson Memorial Scholarship 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 12/2021, Craig P Hutchinson Memorial Scholarship Foundation Inc generated $25.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $5.7k during the year ending 12/2021. While expenses have increased by 23.7% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Holly Hayden Treasurer | 10 | $0 | |
Michael Susalka President | 2 | $0 | |
Sarah Goldsack Director | 2 | $0 | |
Peter Desmarais Director | 2 | $0 | |
Jeff Maistrosky Director | 2 | $0 | |
Katherine Bonamo Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,100 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,919 |
Other Revenue | $0 |
Total Revenue | $25,019 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $550 |
Occupancy, rent, utilities, and maintenance | $1,725 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,375 |
Total expenses | $5,650 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,223 |
Other assets | $0 |
Total assets | $49,474 |
Total liabilities | $0 |
Net assets or fund balances | $49,474 |
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