Fenwick Improvement Fund Inc
- Assets
- $436.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milton, MA
- Founding
- 09/2008
- Data as of
- 06/2024
- EIN
- 26-1626320
Organization Overview
Fenwick Improvement Fund Inc is located in Milton, MA. The organization was established in 2008. 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. Fenwick Improvement 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 06/2024, Fenwick Improvement Fund Inc generated $142.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $54.4k during the year ending 06/2024. While expenses have increased by 9.3% per year over the past 8 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 |
|---|---|---|---|
Edith P Gengras President | 3 | $0 | |
Laurie Goldsmith Vice-President | 0.5 | $0 | |
Richard Neely Treasurer | 3 | $0 | |
Margaret Wade Secretary/burgess Rep | 0.5 | $0 | |
Martha Staniford Lplt Rep | 0.5 | $0 | |
Craig Thompson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,869 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19,019 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,888 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $757 |
| Other expenses | $2,323 |
| Total expenses | $54,357 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $436,757 |
| Other assets | $0 |
| Total assets | $436,757 |
| Total liabilities | $0 |
| Net assets or fund balances | $436,757 |