College Courses Inc
- Assets
- $761.9k
- Revenue
- $33.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 02/1978
- Data as of
- 06/2024
- EIN
- 04-2533636
Organization Overview
College Courses Inc is located in Quincy, MA. The organization was established in 1978. According to its NTEE Classification (B19) the organization is classified as: Support 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. College Courses 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 06/2024, College Courses Inc generated $33.4k 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 (19.1%) each year. All expenses for the organization totaled $3.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (35.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, College Courses Inc has awarded 14 individual grants totaling $329,000. 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 |
|---|---|---|---|
Marianne Peak Dir., Chairman, President | 6.5 | $0 | |
Wendy A Simmons Dir., V.chair, V.p., Sec. | 3 | $0 | |
Michael E Mcfarland Dir., Treasurer | 2 | $0 | |
Tackey Chan Director | 0.5 | $0 | |
Michael W Morrissey Director | 0.5 | $0 | |
Linda Stice Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33,406 |
| 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 | $33,406 |
| 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 | $1,342 |
| Total operating and administrative expenses | $3,142 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,083 |
| Savings and temporary cash investments | $704,785 |
| 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 | $761,868 |
| 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, College Courses Inc has awarded $33,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
QUINCY COLLEGE PURPOSE: FOR SCHOLARSHIPS | $30,000 |
QUINCY COLLEGE PURPOSE: CHARITABLE | $3,500 |