484 Phi Alpha Foundation Inc is located in Windham, NH. The organization was established in 2001. 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. 484 Phi Alpha 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 12/2023, 484 Phi Alpha Foundation Inc generated $94.1k 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 (10.9%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, 484 Phi Alpha Foundation Inc has awarded 109 individual grants totaling $1,559,250. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sununu President | 0 | $0 | |
Eric Fitch Treasurer | 0 | $0 | |
William Putt Clerk | 0 | $0 | |
Brian Christensen Director | 0 | $0 | |
Walter Colby Director | 0 | $0 | |
Norman Webb Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $145 |
| Dividends & Interest | $78,298 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,694 |
| Capital Gain Net Income | $15,694 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,341 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,265 |
| Total operating and administrative expenses | $18,006 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $118,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,445 |
| Savings and temporary cash investments | $2,728 |
| 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 | $3,270,151 |
| 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 |
Over the last fiscal year, 484 Phi Alpha Foundation Inc has awarded $100,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MIT PURPOSE: FUND 3766600 IRDF | $25,000 |
MIT PURPOSE: FUND 3713305 SPORTS PERF CONST | $25,000 |
MIT PURPOSE: FUND 3495006 REIF SCHOLARSHIP | $25,000 |
MIT PURPOSE: FUND 3844065 SPORTS PERF EQUIP | $25,000 |