Sean C Elmore Memorial Fund Inc is located in Billerica, MA. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sean C Elmore Memorial 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 12/2022, Sean C Elmore Memorial Fund Inc generated $30.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS TO VARIOUS COMMUNITY GROUPS AND RELIGIOUS ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED $19,500.00 IN SCHOLARSHIPS FOR SECONDARY TUITIONS DURING 2020.
THE ORGANIZATION PROVIDED $1,625.00 TO VARIOUS COMMUNITY GROUPS AND RELIGIOUS ORGANIZATIONS DURING 2020.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Elmore Treasurer | 1 | $0 | |
Steven Elmore President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,597 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,597 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,058 |
| Total expenses | $18,058 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $301,648 |
| Other assets | $0 |
| Total assets | $301,648 |
| Total liabilities | $31,925 |
| Net assets or fund balances | $269,723 |