Freds Fishing Fund Scholarship is located in Arlington, MA. The organization was established in 2009. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, 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. Freds Fishing Fund Scholarship 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, Freds Fishing Fund Scholarship generated $32.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.8% each year . All expenses for the organization totaled $5.1k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 6 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $28,190 |
Interest on Savings | $0 |
Dividends & Interest | $1,078 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $3,575 |
Capital Gain Net Income | $3,575 |
Net ST Capital Gain | $2,615 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $32,843 |
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 | $515 |
Total operating and administrative expenses | $2,080 |
Contributions, gifts, grants paid | $3,000 |
Total expenses and disbursements | $5,080 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,686 |
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 | $74,977 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $76,663 |
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 |
Over the last fiscal year, Freds Fishing Fund Scholarship has awarded $6,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
BENJAMIN BEALS PURPOSE: SCHOLARSHIP | $3,000 |
WYATT DEBLOIS PURPOSE: SCHOLARSHIP | $3,000 |
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