Cranston High Schools Athletic Scholarship Fund
- Assets
- $63.1k
- Revenue
- $4.5k
- Investments
- $58.8k
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 22-2982274
Organization Overview
Cranston High Schools Athletic Scholarship Fund is located in Cranston, RI. The organization was established in 1989. 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. Cranston High Schools Athletic Scholarship Fund 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 12/2023, Cranston High Schools Athletic Scholarship Fund generated $4.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $6.1k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas A Barbieri Director | 5 | $0 | |
Craig W Carpenter Director | 5 | $0 | |
Thomas Centore Director | 5 | $0 | |
James Creamer Director | 5 | $0 | |
John Davia Sr Treasurer | 7 | $0 | |
Justin Erickson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,386 |
| Capital Gain Net Income | $2,386 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $72 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $6,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,354 |
| Savings and temporary cash investments | $0 |
| 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 | $63,148 |
| 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 |
Grants Awarded
Over the last fiscal year, Cranston High Schools Athletic Scholarship Fund has awarded $6,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
NICHOLAS MASSE PURPOSE: SCHOLARSHIP | $200 |
HAILEY DAVIS PURPOSE: SCHOLARSHIP | $200 |
ANTHONY VELTRI PURPOSE: SCHOLARSHIP | $100 |
NORAH FLINN PURPOSE: SCHOLARSHIP | $200 |
BRADY KITTERICK PURPOSE: SCHOLARSHIP | $200 |
NATHAN CARRILLO PURPOSE: SCHOLARSHIP | $100 |