Warren Academy
- Assets
- $96.6k
- Revenue
- $10.5k
- Investments
- $87.9k
- Employees
- 0
- Location
- Woburn, MA
- Founding
- 01/1935
- Data as of
- 02/2023
- EIN
- 04-6032875
Organization Overview
Warren Academy is located in Woburn, MA. The organization was established in 1935. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Warren Academy 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 02/2023, Warren Academy generated $10.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $17.9k during the year ending 02/2023. While expenses have increased by 9.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Glenn Johnson President | 2 | $0 | |
Sandra Teague Trustee | 1 | $0 | |
Douglas Johnson Trustee / Auditor | 1 | $0 | |
Edward Maguire Trustee | 2 | $0 | |
William Johnson Trustee / Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50 |
| Dividends & Interest | $7,133 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,302 |
| Capital Gain Net Income | $3,302 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $731 |
| Total operating and administrative expenses | $889 |
| Contributions, gifts, grants paid | $17,000 |
| Total expenses and disbursements | $17,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,754 |
| Savings and temporary cash investments | $0 |
| 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 | $74,002 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $96,619 |
| 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, Warren Academy has awarded $17,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SARAH TURNER PURPOSE: SCHOLARSHIPS FOR WOBURN MEMORIAL HIGH SCHOOL GRADUATES ATTENDING COLLEGE | $4,250 |
WILLIAM COMIERO PURPOSE: SCHOLARSHIPS FOR WOBURN MEMORIAL HIGH SCHOOL GRADUATES ATTENDING COLLEGE | $4,250 |
SAHANA DHAR PURPOSE: SCHOLARSHIPS FOR WOBURN MEMORIAL HIGH SCHOOL GRADUATES ATTENDING COLLEGE | $4,250 |
PERSIS ENGINEER PURPOSE: SCHOLARSHIPS FOR WOBURN MEMORIAL HIGH SCHOOL GRADUATES ATTENDING COLLEGE | $4,250 |