Civic Intelligence

Masconomet Regional Scholarship Foundation

EIN 04-3237355 • 501(c)3 • Boxford, MA

Profile

Financial aid scholarships to resident students in the regional district who are graduates or potential graduates of masconomet regional high school and are accepted at a 4-year or 2-year college, technical institute,

20 Endicott RoadBoxford, MA 01921-2709

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.11x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.59x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

77th percentile

18%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

28%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,183,668

Up $333,037 (+18%) from 2024

Liabilities

Up

$241,634

Up $55,934 (+30%) from 2024

Net Assets

Up

$1,942,034

Up $277,103 (+17%) from 2024

Revenue

Up

$409,339

Up $88,968 (+28%) from 2024

Expenses

Up

$251,776

Up $57,547 (+30%) from 2024

Net Income

Up

$157,563

Up $31,421 (+25%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,213,924Liabilities 2011: $193,550Net Assets 2011: $1,020,3742011Assets 2012: $1,246,617Liabilities 2012: $201,225Net Assets 2012: $1,045,3922012Assets 2013: $1,316,960Liabilities 2013: $198,800Net Assets 2013: $1,118,1602013Assets 2014: $1,421,175Liabilities 2014: $192,320Net Assets 2014: $1,228,8552014Assets 2015: $1,408,102Liabilities 2015: $218,249Net Assets 2015: $1,189,8532015Assets 2016: $1,327,991Liabilities 2016: $224,249Net Assets 2016: $1,103,7422016Assets 2017: $1,376,011Liabilities 2017: $208,780Net Assets 2017: $1,167,2312017Assets 2018: $1,425,222Liabilities 2018: $205,800Net Assets 2018: $1,219,4222018Assets 2019: $1,453,764Liabilities 2019: $207,800Net Assets 2019: $1,245,9642019Assets 2020: $1,483,480Liabilities 2020: $202,900Net Assets 2020: $1,280,5802020Assets 2021: $1,738,389Liabilities 2021: $195,900Net Assets 2021: $1,542,4892021Assets 2022: $1,509,400Liabilities 2022: $211,000Net Assets 2022: $1,298,4002022Assets 2023: $1,618,417Liabilities 2023: $227,300Net Assets 2023: $1,391,1172023Assets 2024: $1,850,631Liabilities 2024: $185,700Net Assets 2024: $1,664,9312024Assets 2025: $2,183,668Liabilities 2025: $241,634Net Assets 2025: $1,942,0342025

Highlighted filing

2025

Assets$2,183,668
Liabilities$241,634
Net Assets$1,942,034

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $201,4712011Expenses 2012: $200,1512012Revenue 2013: $200,787Expenses 2013: $201,468Net Income 2013: -$6812013Revenue 2014: $208,703Expenses 2014: $196,302Net Income 2014: $12,4012014Revenue 2015: $216,375Expenses 2015: $207,794Net Income 2015: $8,5812015Revenue 2016: $187,306Expenses 2016: $223,942Net Income 2016: -$36,6362016Revenue 2017: $207,015Expenses 2017: $212,809Net Income 2017: -$5,7942017Revenue 2018: $272,094Expenses 2018: $204,960Net Income 2018: $67,1342018Revenue 2019: $206,079Expenses 2019: $203,870Net Income 2019: $2,2092019Revenue 2020: $201,234Expenses 2020: $197,881Net Income 2020: $3,3532020Revenue 2021: $280,419Expenses 2021: $194,483Net Income 2021: $85,9362021Revenue 2022: $261,055Expenses 2022: $201,529Net Income 2022: $59,5262022Revenue 2023: $225,401Expenses 2023: $222,381Net Income 2023: $3,0202023Revenue 2024: $320,371Expenses 2024: $194,229Net Income 2024: $126,1422024Revenue 2025: $409,339Expenses 2025: $251,776Net Income 2025: $157,5632025

Highlighted filing

2025

Revenue$409,339
Expenses$251,776
Net Income$157,563

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.18$0.24$1.94$0.41$0.25$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.19$1.66$0.32$0.19$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.62$0.23$1.39$0.23$0.22$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.21$1.30$0.26$0.20$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.20$1.54$0.28$0.19$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.20$1.28$0.20$0.20$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.21$1.25$0.21$0.20$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.43$0.21$1.22$0.27$0.20$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.21$1.17$0.21$0.21$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.33$0.22$1.10$0.19$0.22$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.22$1.19$0.22$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.19$1.23$0.21$0.20$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.20$1.12$0.20$0.20$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.20$1.05$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.19$1.02$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jul 9, 2025
Return Version
2024v5.2
Gross Receipts
$949,005
Mission and Program Overview

Mission

Financial aid scholarships to resident students

Financial aid scholarships to resident students in the regional district who are graduates or potential graduates of masconomet regional high school and are accepted at a 4-year or 2-year college, technical institute, school of nursing or other education program beyond high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,628,268$1,948,115▲ $319,847
Cash and Non-Interest-Bearing Accounts$109,498$132,760▲ $23,262
Pledges and Grants Receivable$72,250$58,300▼ $13,950
Savings and Temporary Cash Investments$36,007$36,767▲ $760
Accounts Receivable$4,608$7,726▲ $3,118
Total Assets$1,850,631$2,183,668▲ $333,037
Liabilities
Grants Payable$182,200$236,650▲ $54,450
Accounts Payable and Accrued Expenses$3,500$4,984▲ $1,484
Total Liabilities$185,700$241,634▲ $55,934
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,613,053$1,888,710▲ $275,657
Net Assets Without Donor Restrictions$51,878$53,324▲ $1,446
Total Net Assets Fund Balance$1,664,931$1,942,034▲ $277,103
Total Liabilities and Net Assets / Fund Balance$1,850,631$2,183,668▲ $333,037

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,613,053---$1,613,053
2023$1,350,319$118,951▲ $213,533-$1,613,053
2022$1,262,490$19,079▲ $138,750-$1,350,319
2021$1,495,140$29,506▼ $193,906-$1,262,490
2020$1,244,734$17,850▲ $301,806-$1,495,140
Compensation and Service Providers

Board Members and Trustees

NameTitle
Katherine DinardoChairperson
Jacqueline BolducSecretary
Timothy F HaganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$317,194
Program Service Revenue
$0
Investment Income
$89,814
Other Revenue
$2,331
All Other Contributions
$317,194
Change in Net Assets
$157,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$229,900
Other Expenses$21,876
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$229,900--$229,900
Fees for Service Investment Mgmnt Fees$0$16,993$0$16,993
Fees for Services Accounting$0$3,500$0$3,500
Other Expenses$0$1,000$0$1,000
Total Functional Expenses$229,900$21,876$0$251,776
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Masconomet Regional Scholarship Foundation Inc
EIN
04-3237355
Phone
9788872323
Address
20 ENDICOTT ROAD, BOXFORD, MA 01921-2709

Signing Officer

Name
Timothy F Hagan
Title
Treasurer
Phone
9788872323
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy F Hagan
Formed
1994
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
23

Preparer

Firm
Bernard Johnson & Company Pc
Address
15 MAIN STREET, TOPSFIELD, MA 01983
Preparer
Timothy F Hagan CPA
Phone
9788872220
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The treasurer reviews the form 990 prior to its filing

Pt VI, Line 12C

Conflict of interest policy is signed and any disclosures are resolved at the executive board level

Pt VI, Line 19

Governing documents are made available upon written request

Pt XII, Line 2C

The annual certified financial statements are reviewed by the executive committee

Financial Statement Notes

Pt V, Line 4

Donor restricted net asset funds are used to support perpetual scholarship payments

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04984
IRS990/AccountsReceivableGrp/BOYAmt04608
IRS990/AccountsReceivableGrp/EOYAmt07726
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL.
IRS990/AllOtherContributionsAmt0317194
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0JACQUELINE BOLDUC
IRS990/BooksInCareOfDetail/PhoneNum09788872323
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020 ENDICOTT ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOXFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001921
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0109498
IRS990/CashNonInterestBearingGrp/EOYAmt0132760
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0317194
IRS990/CYGrantsAndSimilarPaidAmt0229900
IRS990/CYInvestmentIncomeAmt089814
IRS990/CYOtherExpensesAmt021876
IRS990/CYOtherRevenueAmt02331
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0157563
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0251776
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409339
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIP PROGRAM - PROVIDES FINANCIAL AID TO GRADUATING HIGH SCHOOL STUDENTS PLANNING TO ATTEND COLLEGE. SCHOLARSHIPS ARE FUNDED BY INDIVIDUALS, COMMUNITY OGANIZATIONS, BUSINESSES, TOWNS AND PRIVATE FOUNDATIONS. CRITERIA USED TO SELECT RECIPIENTS INCLUDE ACADEMIC RECORD, TEST SCORES, EXTRA-CURRICULAR ACTIVITIES AND FINANCIAL NEED. ONE HUNDRED TWENTY-SEVEN (127) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2025.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01613053
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01888710
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0229900
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03500
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt03500
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt016993
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016993
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0KATHERINE DINARDO
IRS990/Form990PartVIISectionAGrp/PersonNm1JACQUELINE BOLDUC
IRS990/Form990PartVIISectionAGrp/PersonNm2TIMOTHY F HAGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt050441
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0229900
IRS990/GrantsPayableGrp/BOYAmt0182200
IRS990/GrantsPayableGrp/EOYAmt0236650
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0229900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0229900
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0590107
IRS990/GrossReceiptsAmt0949005
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt039373
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039373
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01628268
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01948115
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0539666
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt031
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt031
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01664931
IRS990/NetAssetsOrFundBalancesEOYAmt01942034
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050441
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt050441
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0119540
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt051878
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt053324
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FILING FEES
IRS990/OtherExpensesGrp/Desc1COMMITTEE EXPENSE
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0251
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1132
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21000
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt0251
IRS990/OtherExpensesGrp/TotalAmt1132
IRS990/OtherExpensesGrp/TotalAmt21000
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0SCHOLARSHIP FORFEITURES
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02300
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt02331
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt072250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt058300
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TIMOTHY F HAGAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0217651
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0176400
IRS990/PYInvestmentIncomeAmt087320
IRS990/PYOtherExpensesAmt017829
IRS990/PYOtherRevenueAmt015400
IRS990/PYRevenuesLessExpensesAmt0126142
IRS990/PYTotalExpensesAmt0194229
IRS990/PYTotalRevenueAmt0320371
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0157563
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0409339
IRS990/SavingsAndTempCashInvstGrp/BOYAmt036007
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036767
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: OTHER INCOME 2020: 182. 2021: 13. 2022: 256. 2023: 0. 2024: 31. Description: SCHOLARSHIP FORFEITURES 2020: 15700. 2021: 12500. 2022: 21400. 2023: 15400. 2024: 2300.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0317194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0217651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0137279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0130931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0114700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0917755
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033461
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035513
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028836
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0173459
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02331
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015400
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt021656
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012513
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt015882
IRS990ScheduleA/OtherIncome170Grp/TotalAmt067782
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44740
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.49130
IRS990ScheduleA/PublicSupportTotal170Amt0518589
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0399166
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0317194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0217651
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0137279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0130931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0114700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0917755
IRS990ScheduleA/TotalSupportAmt01158996
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01613053
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01613053
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01350319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0118951
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01613053
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt069750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0213533
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01262490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt019079
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01350319
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt070000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0138750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01495140
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt029506
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01262490
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt068250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-193906
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01244734
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt017850
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01495140
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt069250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0301806
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DONOR RESTRICTED NET ASSET FUNDS ARE USED TO SUPPORT PERPETUAL SCHOLARSHIP PAYMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0229900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL, POST-SECONDARY SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0127
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ISSUES SCHOLARSHIP PAYMENTS DIRECTLY TO THE ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION TO BE CREDITED TO THE STUDENTS ACCOUNT, OR IN THE CASE OF FOREIGN ENROLLMENT, DIRECTLY REIMBURSES THE STUDENT UPON RECEIPT OF DOCUMENTATION RELATED TO THE STUDENTS ENROLLMENT AND TUITION PAYMENT AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS THE FORM 990 PRIOR TO ITS FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS SIGNED AND ANY DISCLOSURES ARE RESOLVED AT THE EXECUTIVE BOARD LEVEL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01850631
IRS990/TotalAssetsEOYAmt02183668
IRS990/TotalAssetsGrp/BOYAmt01850631
IRS990/TotalAssetsGrp/EOYAmt02183668
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0317194
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021876
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0229900
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0185700
IRS990/TotalLiabilitiesEOYAmt0241634
IRS990/TotalLiabilitiesGrp/BOYAmt0185700
IRS990/TotalLiabilitiesGrp/EOYAmt0241634
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01664931
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01942034
IRS990/TotalProgramServiceExpensesAmt0229900
IRS990/TotalRevenueGrp/ExclusionAmt089814
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02331
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409339
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01850631
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02183668
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 MAIN STREET
IRS990/USAddress/CityNm0TOPSFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001983
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY F HAGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09788872323
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MASC
ReturnHeader/Filer/EIN0043237355
ReturnHeader/Filer/PhoneNum09788872323
ReturnHeader/Filer/USAddress/AddressLine1Txt020 ENDICOTT ROAD
ReturnHeader/Filer/USAddress/CityNm0BOXFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0019212709
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043068663
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD JOHNSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TOPSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001983
ReturnHeader/PreparerPersonGrp/PhoneNum09788872220
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy F Hagan CPA
ReturnHeader/ReturnTs02025-07-14T07:18:38-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.