John J Ahern Scholarship Inc
- Assets
- $137.8k
- Revenue
- $9.1k
- Investments
- $41.5k
- Employees
- 0
- Location
- Foxboro, MA
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 87-0790992
Organization Overview
John J Ahern Scholarship Inc is located in Foxboro, MA. The organization was established in 2007. 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. John J Ahern Scholarship 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 12/2023, John J Ahern Scholarship Inc generated $9.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $20.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, John J Ahern Scholarship Inc has awarded 44 individual grants totaling $220,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Weinfeld Director | 0 | $0 | |
William R Buckley Jr Treasurerdirector | 0 | $0 | |
Jeffrey M Lovely Secretarydirector | 0 | $0 | |
Jeffrey C Peterson Presidentdirector | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,232 |
| Capital Gain Net Income | $5,232 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $758 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $20,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,353 |
| 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 | $137,849 |
| 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, John J Ahern Scholarship Inc has awarded $40,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NADIE KLOFEC PURPOSE: COLLEGE EDUCATION | $5,000 |
SEAN KELLY PURPOSE: COLLEGE EDUCATION | $5,000 |
ABIGAIL COOTA PURPOSE: COLLEGE EDUCATION | $5,000 |
JENNA CHAPLIN PURPOSE: COLLEGE EDUCATION | $5,000 |
KRISTINE BRIGHTMAN PURPOSE: COLLEGE EDUCATION | $5,000 |
DIJJNANAY MELENDEZ PURPOSE: COLLEGE EDUCATION | $5,000 |