Kevin Ryan Memorial Scholarship Foundation is located in Weymouth, MA. The organization was established in 2013. 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. Kevin Ryan Memorial Scholarship 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 12/2021, Kevin Ryan Memorial Scholarship Foundation generated $5.0 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 (60.7%) each year. All expenses for the organization totaled $2.9k during the year ending 12/2021. 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
THE ORGANIZATION HELD GOLF TOURNAMENTS IN PRIOR YEARS WHICH RAISED FUNDS FOR THE AWARD OF SCHOLARSHIPS. THERE WERE TWO SCHOLARSHIPS AWARDED IN 2021, IN THE AMOUNT OF $1,000 EACH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia L Ryan President | 1 | $0 | |
Mark E Kelly Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5 |
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 | $850 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $2,850 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,956 |
Other assets | $0 |
Total assets | $4,956 |
Total liabilities | $0 |
Net assets or fund balances | $4,956 |
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