Timothy O Connell Foundation
- Assets
- $199.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holliston, MA
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-2636160
Organization Overview
Timothy O Connell Foundation is located in Holliston, MA. The organization was established in 2008. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timothy O Connell Foundation 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 12/2022, Timothy O Connell Foundation generated $71.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $49.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS RAISED $1,237,983 IN THE LAST 15 YEARS. CONTRIBUTIONS OF $39,731 WERE GIVEN IN 2022 TO ORGANIZATIONS SUPPORTING LEUKEMIA RESEARCH AND FAMILIES AFFECTED BY CANCER. 3 SCHOLARSHIPS TOTALLING $4,500 WERE AWARDED TO STUDENTS DEDICATED TO RESEARCHING TREATMENTS OF AND CURES FOR ACUTE MYELOID LEUKEMIA AND OTHER CANCERS AFFECTING CHILDREN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin J O'connell Trustee | 0.5 | $0 | |
Joanne M O'connell Trustee | 0.5 | $0 | |
Michael A Simons Trustee | 0.5 | $0 | |
James Sa Lucci Trustee | 0.5 | $0 | |
Mark A Moschella Trustee | 0.5 | $0 | |
Shawn P Reilly Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,516 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,616 |
| Other Revenue | $0 |
| Total Revenue | $71,803 |
| 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 | $2,282 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,252 |
| Total expenses | $49,765 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,530 |
| Other assets | $0 |
| Total assets | $199,530 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,530 |