Red Stocking Fund Inc
- Assets
- $107.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edgartown, MA
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 22-3291208
Organization Overview
Red Stocking Fund Inc is located in Edgartown, MA. The organization was established in 1988. 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. Red Stocking 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, Red Stocking Fund Inc generated $126.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $187.2k during the year ending 12/2021. While expenses have increased by 12.1% 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
TO PROVIDE FOOD AND CLOTHING TO PERSONS IN NEED AT CHRISTMAS TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Alley Director | 1 | $0 | |
Lena Queiroga Director | 1 | $0 | |
Patricia Carlet Director | 1 | $0 | |
Susan Plimpton-Wallo President | 2 | $0 | |
Dan Seklecki Director | 1 | $0 | |
Elizabeth Wallo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,725 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $54 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,712 |
| Other Revenue | $0 |
| Total Revenue | $126,491 |
| 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 | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,351 |
| Other expenses | $5,446 |
| Total expenses | $187,199 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,251 |
| Other assets | $0 |
| Total assets | $107,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,251 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Red Stocking Fund Inc has recieved totaling $1,932.
| Awarding Organization | Amount |
|---|---|
Marthas Vineyard Bank Charitable Foundation Inc Edgartown, MA PURPOSE: EXEMPT PURPOSE | $1,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
N H Higher Education Loan Corporation Concord, NH | $928,313,847 | $60,034,018 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |