James V Spignesi Jr Memorial Fund Inc
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-2338094
Organization Overview
James V Spignesi Jr Memorial Fund Inc is located in West Hartford, CT. The organization was established in 2014. 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. James V Spignesi Jr Memorial Fund Inc 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, James V Spignesi Jr Memorial Fund Inc generated $14.7k 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 (4.4%) each year. All expenses for the organization totaled $15.0k 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 FUND AWARDED AWARDED THREE GRANTS DURING 2020, FUNDING THREE SCHOLARSHIPS TO TWO HIGH SCHOOL GRADUATES AND ONE UNIVERSITY OF CONNECTICUT STUDENT.
THE FUND AWARDED AWARDED THREE GRANTS DURING 2020, FUNDING THREE SCHOLARSHIPS TO TWO HIGH SCHOOL GRADUATES AND ONE UNIVERSITY OF CONNECTICUT STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas E Spignesi President | 2 | $0 | |
James Kane Treasurer | 1 | $0 | |
Kathleen Spignesi Vice President | 3 | $0 | |
Eric Johnson Director | 1 | $0 | |
John Spignesi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,916 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$171 |
| Other Revenue | $0 |
| Total Revenue | $14,745 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $15,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,699 |
| Other assets | $0 |
| Total assets | $20,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,699 |
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