Bacon Academy Alumni Association Inc
- Assets
- $103.7k
- Revenue
- $17.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Colchester, CT
- Founding
- 02/1992
- Data as of
- 12/2021
- EIN
- 22-3143577
Organization Overview
Bacon Academy Alumni Association Inc is located in Colchester, CT. The organization was established in 1992. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Bacon Academy Alumni Association 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, Bacon Academy Alumni Association Inc generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $3.9k during the year ending 12/2021. While expenses have increased by 8.0% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER EDUCATION SCHOLARSHIPS AWARDED TO THE FOLLOWING INDIVIDUALS: LUKE MAYNARD,JACK LAROSA,EMMA HAJDASZ, ABIGAIL BOISLAND, HAILEY GREEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lenore Beebe Secretary/director | 0.05 | $0 | |
Jennifer Del Sesto Director | 0.05 | $0 | |
Janice Adams Deceased Director | 0.05 | $0 | |
Sheila Einhorn Secretary/director | 0.05 | $0 | |
Bruce Goldstein Treasurer/director | 0.05 | $0 | |
Margaret Daley Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,331 |
| Interest on Savings | $1,099 |
| Dividends & Interest | $0 |
| 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 | $972 |
| Total Revenue | $17,402 |
| 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 | $1,239 |
| Total operating and administrative expenses | $1,489 |
| Contributions, gifts, grants paid | $2,400 |
| Total expenses and disbursements | $3,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,705 |
| 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 | $103,705 |
| 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, Bacon Academy Alumni Association Inc has awarded $2,400 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL BOISLARD PURPOSE: BACON ACADEMY SCHOLARSHIPFUND | $400 |
LUKE MAYNARD PURPOSE: ELIZABETH & RUBYCOHEN MEMORIALSCHOLARSHIP | $400 |
EMMA HAJDASZ PURPOSE: HENRIETTAGREEN MEMORIALSCHOLARSHIP | $400 |
HAILEY GROENE PURPOSE: DOROTHY M.BROWN MEMORIALSCHOLARSHIP | $400 |
EMMA HAJDASZ PURPOSE: CAROLCHEMERYSNSKI MEMORIALSCHOLARSHIP | $400 |
JACK LA ROSA PURPOSE: LTC FIELDINGMEMORIALSCHOLARSHIP | $400 |