Rutland Corner Foundation Inc
- Assets
- $2.0m
- Revenue
- $107.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/1998
- Data as of
- 04/2024
- EIN
- 04-2106695
Organization Overview
Rutland Corner Foundation Inc is located in Boston, MA. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Rutland Corner 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 04/2024, Rutland Corner Foundation Inc generated $107.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $45.9k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rutland Corner Foundation Inc has awarded 59 individual grants totaling $597,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Johnson President | 1 | $0 | |
Kersten Lanes Treasurer | 1 | $0 | |
Robin Healey Secretary | 1 | $0 | |
Celina Miranda Board Member | 1 | $0 | |
Rebecca Comage Board Member | 1 | $0 | |
Virginia Lyons Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,140 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,211 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,418 |
| Capital Gain Net Income | $32,418 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,667 |
| Total Revenue | $107,436 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $179 |
| Total operating and administrative expenses | $24,711 |
| Contributions, gifts, grants paid | $21,140 |
| Total expenses and disbursements | $45,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,965 |
| 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 | $1,966,887 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,984,852 |
| 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, Rutland Corner Foundation Inc has awarded $87,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SISTER ASSOCIATION OF GREATER BOSTON PURPOSE: HIGH SCHOOL MENTORING ACADEMY | $12,500 |
BIKES NOT BOMBS INC PURPOSE: SISTERS IN ACTION | $10,000 |
BUDGET BUDDIES INC PURPOSE: GIRL'S LIFE: SERVING AT-RISK TEEN GIRLS | $12,500 |
GIRLS INC OF LYNN PURPOSE: OPERATION SMART | $15,000 |
LEAP FOR EDUCATION INC PURPOSE: SISTERS FOR SUCCESS AT LEAP FOR EDUCATION | $10,000 |
MOTHERS FOR JUSTICE AND EQUALITY INC PURPOSE: MJE YOUNG PARENT SUCCESS PROGRAM | $12,500 |