South Shore Initiative Corp
- Assets
- $199.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Weymouth, MA
- Founding
- 12/2002
- Data as of
- 12/2023
- EIN
- 68-0518961
Organization Overview
South Shore Initiative Corp is located in Weymouth, MA. The organization was established in 2002. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Shore Initiative Corp 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 12/2023, South Shore Initiative Corp generated $127.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $51.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE OPPORTUNITY FOR CHILDREN TO PARTICIPATE IN HEALTHY ACTIVITIES AND LEARN TO LEAD A HEALTHY LIFESTYLE THROUGH PHYSICIAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Goldman President | 1 | $0 | |
Anna Lisa Carey Treasurer | 1 | $0 | |
Sally Goldman Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,732 |
| 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 | $625 |
| Other expenses | $9,942 |
| Total expenses | $51,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,195 |
| Other assets | $0 |
| Total assets | $199,195 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,195 |