James And Thelma Connors Foundation
- Assets
- $2.6m
- Revenue
- $6.7k
- Investments
- $2.6m
- Employees
- 0
- Location
- Belmont, MA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3496680
Organization Overview
James And Thelma Connors Foundation is located in Belmont, MA. The organization was established in 2016. 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 And Thelma Connors Foundation 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, James And Thelma Connors Foundation generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $282.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Andrew Trustee | 1 | $0 | |
John Granara Trustee | 1 | $0 | |
Michael Mcglynn Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,852 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$76,583 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,476 |
| Total Revenue | $6,745 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,191 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,611 |
| Contributions, gifts, grants paid | $249,400 |
| Total expenses and disbursements | $282,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,245 |
| 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 | $2,646,630 |
| 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 |
Grants Awarded
Over the last fiscal year, James And Thelma Connors Foundation has awarded $249,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIP AMERICA PURPOSE: EDUCATIONAL SCHOLARSHIPS | $249,400 |
MEDFORD PUBLIC LIBRARY FND PURPOSE: CONSTRUCTION, OUTFITTING,MAINTANCE, OPERATIONS OF PUBLIC LIBRARY | $0 |
EVANGICAL CHURCH PURPOSE: RELIGIOUS EDUC | $0 |