Metco College Scholarship Fund Of Lexington
- Assets
- $306.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 07/1971
- Data as of
- 12/2023
- EIN
- 23-7124093
Organization Overview
Metco College Scholarship Fund Of Lexington is located in Lexington, MA. The organization was established in 1971. 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. Metco College Scholarship Fund Of Lexington 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, Metco College Scholarship Fund Of Lexington generated $120.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $59.9k during the year ending 12/2023. While expenses have increased by 14.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Smilow President | 3 | $0 | |
Rebecca Clarke Treasurer | 5 | $0 | |
Linda Schaye Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,220 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $581 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,801 |
| 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 | $3,040 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,017 |
| Other expenses | $359 |
| Total expenses | $59,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,838 |
| Other assets | $0 |
| Total assets | $306,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $306,838 |