Meghan K Duffy Memorial Foundation Inc
- Assets
- $7.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coventry, RI
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 26-3129584
Organization Overview
Meghan K Duffy Memorial Foundation Inc is located in Coventry, RI. The organization was established in 2008. 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. Meghan K Duffy Memorial 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 12/2021, Meghan K Duffy Memorial Foundation Inc generated $31.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $34.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS, DONATIONS TO PUBLIC AND PRIVATE EDUCATIONAL CAUSES AND TO ANY OTHER CHARITABLE CAUSE IN COMPLIANCE WITH THE INTERNAL REVENUE CODE AND THE REGULATIONS THERETO. ALL ACTIVITIES ENGAGED IN BY THE CORPORATION WILL QUALIFY AS A LAWFUL PURPOSE FOR WHICH A CORPORATION MAY BE FORMED UNDER THE MASSACHUSETTS GENERAL LAWS, AS AMENDED, AND IN ACCORDANCE WITH THE PROVISIONS OF THE MASSACHUSETTS CORPORATIONS FOR CHARITABLE AND CERTAIN OTHER PURPOSES ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen M Duffy President | 1 | $0 | |
Frank P Duffy Vice President | 1 | $0 | |
Maura Thursby Clerk | 1 | $0 | |
Sharon R Kennedy Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,790 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,238 |
| Other Revenue | $0 |
| Total Revenue | $31,028 |
| 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 | $468 |
| Other expenses | $3,383 |
| Total expenses | $34,073 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,271 |
| Other assets | $0 |
| Total assets | $7,271 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,271 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meghan K Duffy Memorial Foundation Inc has recieved totaling $43.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |
Thrive Scholars Boston, MA | $14,006,320 | $13,719,971 |
Boston Latin School Association Boston, MA | $71,373,277 | -$8,021,699 |
Feigenbaum Foundation Inc Pittsfield, MA | $77,550,637 | $8,621,230 |
Bpe Roxbury, MA | $4,024,536 | $5,203,233 |
The Francis Ouimet Scholarship Fund Inc Norton, MA | $27,290,373 | $6,126,185 |
Seed Global Health Inc Boston, MA | $17,125,826 | $3,834,795 |
Adopt-A-Student Foundation Boston, MA | $35,377,425 | $24,201,045 |
Garden Homes Fund Stamford, CT | $20,595,820 | $4,598,282 |