Ashland Emergency Fund Inc
- Assets
- $574.5k
- Revenue
- $167.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, MA
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 22-2959481
Organization Overview
Ashland Emergency Fund Inc is located in Ashland, MA. The organization was established in 1989. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Emergency Fund 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, Ashland Emergency Fund Inc generated $167.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $65.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TEMPORARY FINANCIAL SUPPORT TO ASHLAND MA FAMILIES AND CITIZENS IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF MONEY IN THE FORM OF COUNTER CHECKS OR DEBIT CARD PAYMENTS TO CORPORATIONS OR INDIVIDUALS WHICH ARE OWED MONEY BY NEEDY CITIZENS IN THE TOWN OF ASHLAND MA AND FOR WHOM THERE IS NO OTHER NEAR TERM RECOURSE
PURCHASE FOOD AND OTHER NECESSARY HOUSEHOLD ITEMS FOR THE FOOD PANTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roland Houle Chairperson | OfficerTrustee | $0 | |
John Trefethen Secretary | OfficerTrustee | $0 | |
Wendy Pyne Vice Chairperson | OfficerTrustee | $0 | |
Joyce Crocetti Treasurer | OfficerTrustee | $0 | |
Jim Zebrowski Board Member | Trustee | $0 | |
Bill Gath Board Member | Trustee | $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 | $146,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,753 |
| Total Program Service Revenue | $0 |
| Investment income | $20,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $65,218 |
| 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 | $65,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,566 |
| Savings and temporary cash investments | $206,435 |
| 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 | $352,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $574,455 |
| 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 | $560,504 |
| Net assets with donor restrictions | $13,951 |
| 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 | $574,455 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ashland Emergency Fund Inc has recieved totaling $49,153.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $27,953 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,501 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $599 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
My Brothers Keeper Inc South Easton, MA | $7,204,366 | $7,147,768 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Friendly House Inc Worcester, MA | $3,296,125 | $6,043,839 |
Rhode Island Rescue Ministries Providence, RI | $741,664 | $4,494,936 |
National Basketball Players Assoc Foundation New York, NY | $40,266,235 | $3,599,833 |
Bridge Fund Of New York Inc New York, NY | $5,307,792 | $4,504,357 |
Blue Card Inc New York, NY | $3,666,772 | $3,534,542 |
Survival Centers Inc North Amherst, MA | $5,185,676 | $3,479,204 |
Family Legal Care Inc Brooklyn, NY | $2,412,953 | $3,224,747 |
Household Goods Inc Acton, MA | $5,119,123 | $3,641,820 |