Needham High School Parent Teacher Council Trust
- Assets
- $47.6k
- Revenue
- $39.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- 09/1999
- Data as of
- 08/2022
- EIN
- 31-6624482
Organization Overview
Needham High School Parent Teacher Council Trust is located in Needham, MA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Needham High School Parent Teacher Council Trust 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 08/2022, Needham High School Parent Teacher Council Trust generated $39.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $46.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PARENT TEACHER COUNCIL WAS FORMED TO PROVIDE A FORUM FOR PARENTS OF STUDENTS AND TEACHERS AT THE SCHOOL TO DISCUSS ISSUES OF MUTUAL INTEREST
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MATERIALS AND EQUIPMENT FOR THE SCHOOL AND SCHOLARSHIPS AND GRANTS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Brooks Co-President | Officer | 1 | $0 |
Jessica Rolanti Co-President | Officer | 1 | $0 |
Kathleen Berner Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,731 |
| Total Program Service Revenue | $0 |
| Investment income | $108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,288 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $791 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $78 |
| Total functional expenses | $46,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,923 |
| Savings and temporary cash investments | $34,637 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,560 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $47,560 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $47,560 |
Grants Awarded
Over the last fiscal year, Needham High School Parent Teacher Council Trust has awarded $18,196 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NEEDHAM PUBLIC SCHOOLS PURPOSE: ENRICHMENT GRANTS | $6,848 |
NEEDHAM PUBLIC SCHOOLS PURPOSE: ENRICHMENT GRANTS | $6,848 |
FRIENDS OF THE NEEDHAM BOARD OF HEALTH PURPOSE: 5TH QUARTER GRANT | $1,500 |
FRIENDS OF THE NEEDHAM BOARD OF HEALTH PURPOSE: 5TH QUARTER GRANT | $1,500 |
NEEDHAM EDUCATION FOUNDATION PURPOSE: SPELLING BEE | $750 |
NEEDHAM EDUCATION FOUNDATION PURPOSE: SPELLING BEE | $750 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Needham High School Parent Teacher Council Trust has recieved totaling $42,150.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: EDUCATION | $21,000 |
National Philanthropic Tr Jenkintown, PA PURPOSE: EDUCATION | $21,000 |
Fidelity Foundation Boston, MA PURPOSE: EDUCATION | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Hudson Valley Early Education Center Valhalla, NY | $6,537,521 | $8,697,326 |
Potsdam Auxiliary & College Educational Services Inc Potsdam, NY | $4,868,988 | $9,108,311 |
Young Judaea Global Inc New York, NY | $6,685,322 | $8,298,645 |
Whitinsville Christian School Whitinsville, MA | $27,818,325 | $8,582,823 |
Population Media Center Inc South Burlington, VT | $17,476,959 | $10,610,118 |
Northside Charter High School Brooklyn, NY | $6,329,922 | $7,435,284 |
Solutions Journalism Network Inc New York, NY | $14,817,664 | $5,853,972 |
Teaching Matters Inc New York, NY | $19,609,038 | $14,154,579 |
The Leadership Academy Inc Long Island City, NY | $7,448,053 | $8,271,640 |
King Center Charter School Buffalo, NY | $8,970,236 | $7,640,622 |
Prizmah Center For Jewish Day Schools Inc New York, NY | $4,272,126 | $6,514,448 |
Up Education Network Inc Dorchester, MA | $3,246,935 | $4,839,856 |