Friends Of Ryan Duce Morrissey Scholarship Fund Inc
- Assets
- $346.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlestown, MA
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 47-3542764
Organization Overview
Friends Of Ryan Duce Morrissey Scholarship Fund Inc is located in Charlestown, MA. The organization was established in 2019. 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. Friends Of Ryan Duce Morrissey Scholarship 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 12/2022, Friends Of Ryan Duce Morrissey Scholarship Fund Inc generated $108.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $28.3k during the year ending 12/2022. While expenses have increased by 19.3% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SCHOLARSHIPS PAID TO SEVERAL STUDENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Mclaughlin Fabiano President | 1 | $0 | |
Samantha Derosa Vice President | 1 | $0 | |
Donna Morrissey Treasurer/clerk | 2 | $0 | |
Patricia Woods Director | 1 | $0 | |
Grace Langan Director | 1 | $0 | |
Hank Locke Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,988 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $634 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $59,573 |
| Other Revenue | $0 |
| Total Revenue | $108,377 |
| 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 | $123 |
| Other expenses | $628 |
| Total expenses | $28,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $346,857 |
| Other assets | $0 |
| Total assets | $346,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $346,857 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Ryan Duce Morrissey Scholarship Fund Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Jacobus Family Foundation Inc Delray Beach Fl, FL PURPOSE: TO PROVIDE CONTINUED SERVICE TO THE COMMUNITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |