Mark Obrien Memorial Scholarship is located in Holden, 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. Mark Obrien Memorial Scholarship 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 12/2023, Mark Obrien Memorial Scholarship generated $11.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.3%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS CURRENTLY ACCUMULATING MONIES TO FUND SCHOLARSHIPS FOR STUDENTS IN GRADES 9 TO 12 AT THE BANCROFT SCHOOL LOCATED AT 110 SHORE DRIVE IN WORCESTER, MA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connor O'brien Board Of Director | 1 | $0 | |
Shannon Dilude Board Of Director | 1 | $0 | |
Wayne Penniman President | 2 | $0 | |
Jimmy Kelley Vice President | 2 | $0 | |
Steve Kelley Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,860 |
| Other Revenue | $0 |
| Total Revenue | $11,410 |
| 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 | $1,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $422 |
| Total expenses | $7,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,663 |
| Other assets | $0 |
| Total assets | $44,663 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,663 |