Scarlet Sock Foundation is located in Northampton, MA. The organization was established in 2018. 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. Scarlet Sock 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, Scarlet Sock Foundation generated $17.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $19.8k during the year ending 12/2022. 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
THE PURPOSE OF THE SCARLET SOCK FOUNDATION IS TO ENGAGE IN FUNDRAISING EFFORTS TO PROVIDE GRANTS TO EXISTING SOCIAL JUSTICE THEATRE PROGRAMS, PROVIDE SCHOLARSHIPS TO INDIVIDUALS WHO WISH TO PARTICIPATE IN EXISTING THEATRE PROGRAMS WHICH REQUIRE TUITION, AND DEVELOP SOCIAL JUSTICE PROGRAMMING IN AREAS WHERE THERE ARE NO EXISTING OPPORTUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Riley Dipillo Director | 1 | $0 | |
Emily Ditkovski Director | 1 | $0 | |
Kelsey Flynn Director | 1 | $0 | |
Chyna Glenn Past Director | 1 | $0 | |
Margaret Russo President | 1 | $0 | |
Heidi Haas Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,206 |
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 | $17,206 |
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 | $800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $424 |
Other expenses | $3,416 |
Total expenses | $19,840 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,641 |
Other assets | $0 |
Total assets | $24,641 |
Total liabilities | $0 |
Net assets or fund balances | $24,641 |