Mhs 19 is located in Marblehead, 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. Mhs 19 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 06/2024, Mhs 19 generated $70.5k 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 $70.2k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
OUR ONE EVENT THE JAMES R. GALANTE MEMORIAL GOLF OUTING AT THE TEDESCO COUNTRY CLUB IN MARBLEHEAD TOOK PLACE ON JUNE 3RD IN HONOR OF MY SON JAMES WHO PASSED AWAY ON 3-18-22. THE TOURNAMENT WAS VERY WELL PATRONIZED AND WE ARE FOREVER THANKFUL FOR EVERYONE'S SUPPORT. MHS19 GRANTED $20,000 TO VANGUARD CHARITABLE - THE JAMES R. GALANTE FUND A2000204- FUND MADE GRANTS TO: MARBLEHEAD MAGICIANS GRIDIRON CLUB INC $5,000 MHS FOOTBALL SCHOLARSHIPS- MARBLEHEAD HOOPS INC. $5,000 MHS BASKETBALL SCHOLARSHIPS- MARBLEHEAD BOOSTERS CLUB INCORPORATED $5,000 PAN-MASSACHUSETTS CHALLENGE INC- $2,500 AUTISM SPEAKS-HUMAN SERVICES - $500 MARBLEHEAD DUGOUT CLUB-MHS BASEBALL -$1,000 MHS19 DIRECT GRANTS: TATE HOFFMEISTER RECRUITING BOARD" EYE TEST" SCHOLARSHIP-$1,000 MARBLEHEAD DUGOUT CLUB-MHS BASEBALL SCHOLARSHIPS-$2,000 MARBLEHEAD BOOSTERS CLUB MHS TRACK SCHOLARSHIPS- $2,000 BROOKWOOD SCHOOL - BROOKWOOD SCHOLARSHIP $2,500
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Galante President | 2 | $0 | |
William Crouch Treasurer | 0 | $0 | |
Kathy Doody Clerk | 0 | $0 | |
Lisa Galante Director | 0 | $0 | |
Dahlia Galante Director | 0 | $0 | |
Doug Percy Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $70,535 |
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 | $70,535 |
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 | $35,494 |
Occupancy, rent, utilities, and maintenance | $1,200 |
Printing, publications, postage, and shipping | $4,510 |
Other expenses | $0 |
Total expenses | $70,204 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,005 |
Other assets | $0 |
Total assets | $43,005 |
Total liabilities | $0 |
Net assets or fund balances | $43,005 |