Shawsheen Technical Scholarship Fund
- Assets
- $471.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Billerica, MA
- Founding
- 09/2015
- EIN
- 46-3844100
Organization Overview
Shawsheen Technical Scholarship Fund is located in Billerica, MA. The organization was established in 2015. 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. Shawsheen Technical Scholarship Fund 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 undefined, Shawsheen Technical Scholarship Fund generated $15.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $27.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 8 years. 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
Describe the Organization's Program Activity:
Part 3
INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles H Lyons President/director | 1 | $0 | |
Robert G Peterson Treasurer/director | 1 | $0 | |
James M Gillis Director | 1 | $0 | |
Michael N Lyons Director | 1 | $0 | |
Robert G Peterson Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$1,726 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,062 |
| Total Revenue | $15,436 |
| Statement of Expenses | |
|---|---|
| Total expenses | $27,450 |
| Balance Sheet | |
|---|---|
| Total assets | $471,669 |
| Total liabilities | $0 |
| Net assets or fund balances | $471,669 |