Worcester Railers Hc Charitable Foundation Inc
- Assets
- $9.8k
- Revenue
- $181.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 81-1645767
Organization Overview
Worcester Railers Hc Charitable Foundation Inc is located in Beverly, MA. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester Railers Hc Charitable Foundation 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, Worcester Railers Hc Charitable Foundation Inc generated $181.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $185.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Worcester Railers Hc Charitable Foundation Inc has awarded 201 individual grants totaling $1,079,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKATE TO SUCCESS: YOUTH SKATING/HOCKEY SERVING OVER 2,500 WORCESTER 4TH GRADERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford L Rucker President | 2 | $0 | |
Clifford L Rucker Treasurer | 2 | $0 | |
Clifford L Rucker Clerk | 2 | $0 | |
Clifford L Rucker Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $181,713 |
| 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 | $181,713 |
| 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 | $7,375 |
| Travel, conferences, and meetings | $37,187 |
| Printing and publications | $0 |
| Other expenses | $55,251 |
| Total operating and administrative expenses | $103,350 |
| Contributions, gifts, grants paid | $81,700 |
| Total expenses and disbursements | $185,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,828 |
| 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 | $9,828 |
| Accounts payable and accrued expenses | $5,223 |
| 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 | $5,223 |
Grants Awarded
Over the last fiscal year, Worcester Railers Hc Charitable Foundation Inc has awarded $81,700 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE MOUNTED POLICE UNIT PURPOSE: HORSE TRAILERS | $15,000 |
THE SHINE INITIATIVE PURPOSE: CHILDHOOD MENTAL ILLNESS AWARENESS | $16,000 |
WORCESTER REGIONAL STRATEGIC PURPOSE: 2022 WORCESTER TERCENTENNIAL; PRESENTING LEVEL SPONSORSHIP | $10,000 |
WHY ME INC PURPOSE: HOCKEYFIGHTSCANCER JERSEY AUCTION | $7,100 |
THE CUP CRUSADERS PURPOSE: SUPPORT FOR CHURCH COMMUNITY | $6,200 |
VETERANS INC PURPOSE: SUPPORT FOR MILITARY VETERANS | $5,000 |