Nathan J Babcock Memorial Scholarship Fund Inc
- Assets
- $49.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gilford, NH
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 33-1188254
Organization Overview
Nathan J Babcock Memorial Scholarship Fund Inc is located in Gilford, NH. 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. Nathan J Babcock Memorial Scholarship 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 12/2022, Nathan J Babcock Memorial Scholarship Fund Inc generated $18.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $29.6k during the year ending 12/2022. While expenses have increased by 10.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INDIVIDUAL AWARDS OF UP TO $5,000 WERE GIVEN TO FOURTEEN DESERVING STUDENTS IN THE THREE NEW HAMPSHIRE HIGH SCHOOLS OF BELMONT, GILFORD, AND LACONIA. THESE SCHOLARSHIPS WERE PRESENTED TO HELP DEFRAY THE COSTS OF POST-SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Babcock President | 2 | $0 | |
Virginia Babcock Treasurer | 2 | $0 | |
Zachary J Babcock Vice President | 1 | $0 | |
Mollie K Greeley Secretary | 1 | $0 | |
Evan Boulanger Director | 1 | $0 | |
Sandra Mclaughlin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,500 |
| 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 | $0 |
| Other expenses | $75 |
| Total expenses | $29,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,004 |
| Other assets | $0 |
| Total assets | $49,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,004 |