William J Boyle Scholarship Inc is located in Springfield, MA. 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. William J Boyle Scholarship 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, William J Boyle Scholarship Inc generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2022. 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
SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Boyle President | 0 | $0 | |
Richard Allen Treasurer | 0 | $0 | |
Melinda Phelps Clerk | 0 | $0 | |
Margaret Boyle Director | 0 | $0 | |
Martin Boyle Director | 0 | $0 | |
Dennis Murphy Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,702 |
| Total Program Service Revenue | $41,870 |
| Membership dues | $0 |
| Investment income | $613 |
| Gain or Loss | -$429 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,756 |
| 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 | $713 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,369 |
| Total expenses | $14,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,385 |
| Other assets | $0 |
| Total assets | $82,385 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,385 |