Newton Metco Community Scholarship Fund Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newtonville, MA
- Founding
- 02/1996
- Data as of
- 12/2019
- EIN
- 04-3179303
Organization Overview
Newton Metco Community Scholarship Fund Inc is located in Newtonville, MA. The organization was established in 1996. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Metco Community Scholarship Fund 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 12/2019, Newton Metco Community Scholarship Fund Inc generated $11.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $23.0k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WERE PAID FOR 18 SENIOR NEWTON HIGH SCHOOLSTUDENTS WHO ATTENDED ABOUT 18 DIFFERENT COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maricel Sheets President/director | 2 | $0 | |
Anne Mikulski Treasurer/director | 2 | $0 | |
Peter Goddard Vice-President/director | 2 | $0 | |
Lisa Reed Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,462 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,467 |
| 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 | $875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,088 |
| Total expenses | $22,963 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,867 |
| Other assets | $0 |
| Total assets | $3,867 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,867 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Newton Metco Community Scholarship Fund Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
The George and Louise J Hauser Charitable Trust Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |
Opportunities For Otsego Inc Oneonta, NY | $3,078,713 | $8,326,679 |
Lifeworks Community Action Inc Ballston Spa, NY | $2,628,001 | $8,482,858 |
River Fund New York Inc Richmond Hill, NY | $4,726,214 | $9,106,932 |