Fcts Machine Technology Fund is located in Greenfield, MA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS WAS THE FOURTH AND FINAL YEAR OF THE ORGANIZATION'S EXISTENCE. THE MEMBERS OF THE BOARD OF DIRECTORS HAVE DECIDED TO DISCONTINUE CONTACTING POTENTIAL DONORS TO RAISE FUNDS FOR THE ORGANIZATION'S SPECIFIC PURPOSE: WHICH WAS TO PURCHASE OF UPDATED MACHINERY TO BE USED FOR TEACHING IN THE MACHINE TECHNOLOGY PROGRAM OF A LOCAL SCHOOL AND PROVIDE EXPENSES FOR EDUCATION PROCESS. THE NEW MACHINERY WAS PURCHASED FOR THE SCHOOL DONATED TO THE SCHOOL DURING THE FIRST FISCAL YEAR REPORTED HEREIN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Dufraine President | 2.5 | $0 | |
Steven Capshaw Treasurer | 2.5 | $0 | |
Daniel Graves Clerk | 2.5 | $0 | |
Cody Sisson Director | 2.5 | $0 | |
Doug Dziadzio Director | 2.5 | $0 | |
Richard Martin Director | 2.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $830 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $830 |
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 | $0 |
Total operating and administrative expenses | $2,660 |
Contributions, gifts, grants paid | $5,394 |
Total expenses and disbursements | $8,054 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
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 |