Joseph Lynch Memorial Inc
- Assets
- $23.9k
- Revenue
- $13.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wolcott, CT
- Founding
- 02/2019
- Data as of
- 09/2022
- EIN
- 83-2235273
Organization Overview
Joseph Lynch Memorial Inc is located in Wolcott, CT. The organization was established in 2019. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph Lynch Memorial 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 09/2022, Joseph Lynch Memorial Inc generated $13.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $13.0k during the year ending 09/2022. While expenses have increased by 14.1% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Lynch President | 1 | $0 | |
Joe Lynch Board Member | 1 | $0 | |
Tom Bonvisuto Secretary | 1 | $0 | |
Christine Lynch Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,000 |
| Interest on Savings | $10 |
| 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 | $13,010 |
| 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 | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $13,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,849 |
| Savings and temporary cash investments | $10 |
| 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 | $23,859 |
| 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, Joseph Lynch Memorial Inc has awarded $8,760 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CCMC PURPOSE: CASH DONATION | $8,000 |
WOLCOTT HIGHSCHOOL PURPOSE: HIGHSCHOOL SCHOLARSHIPS | $760 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Summer Camp Opportunities Promote Education Inc Astoria, NY | $2,178,412 | $1,193,095 |
Youth Foundation Inc New York, NY | $10,787,193 | $1,768,490 |
Children And Screens-Institute Of Digital Media And Child Developmen Jericho, NY | $4,602,497 | $2,120,604 |
Buffalo Sabres Foundation Buffalo, NY | $633,341 | $899,798 |
Hm Sarij Family Foundation Inc Deer Park, NY | $3,225,960 | $1,832,873 |
Hugh Obrian Youth Leadership Latham, NY | $134,625 | $0 |
Kids Club Of Tarrytown & Sleepy Hollow Inc Tarrytown, NY | $204,713 | $0 |
Friends Of Hudson Youth Inc Hudson, NY | $157,295 | $198,282 |
Confikids Inc Foxboro, MA | $119,657 | $0 |
Young Womens College Prep Foundation Inc Rochester, NY | $46,616 | $0 |
Creative Waves Foundation New York, NY | $31,572 | $0 |
Laptops For Kids Inc New York, NY | $466 | $0 |