Civic Intelligence

Melrose High School Permanent Scholarship Fund

EIN 04-6116247 • 501(c)3 • Melrose, MA

Profile

Scholarship assistance to graduates of melrose high school

PO Box 760695Melrose, MA 02176

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

21%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $9,939,943 (-100%) from 2023

Liabilities

Down

$0

Down $614,753 (-100%) from 2023

Net Assets

Down

$0

Down $9,325,190 (-100%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin71st percentile

Revenue

Up

$772,449

Up $134,282 (+21%) from 2023

Expenses

Up

$633,043

Up $87,779 (+16%) from 2023

Net Income

Up

$139,406

Up $46,503 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$15M$10M$5.0M$0Assets 2010: $2,826,859Liabilities 2010: $25,455Net Assets 2010: $2,801,4042010Assets 2011: $2,894,869Liabilities 2011: $71,050Net Assets 2011: $2,823,8192011Assets 2012: $2,923,773Liabilities 2012: $71,395Net Assets 2012: $2,852,3782012Assets 2013: $3,220,308Liabilities 2013: $68,688Net Assets 2013: $3,151,6202013Assets 2014: $3,339,107Liabilities 2014: $115,890Net Assets 2014: $3,223,2172014Assets 2015: $3,450,954Liabilities 2015: $157,525Net Assets 2015: $3,293,4292015Assets 2016: $3,398,479Liabilities 2016: $191,590Net Assets 2016: $3,206,8892016Assets 2017: $6,538,341Liabilities 2017: $242,590Net Assets 2017: $6,295,7512017Assets 2018: $7,472,956Liabilities 2018: $254,890Net Assets 2018: $7,218,0662018Assets 2019: $7,896,432Liabilities 2019: $310,290Net Assets 2019: $7,586,1422019Assets 2020: $8,022,071Liabilities 2020: $311,615Net Assets 2020: $7,710,4562020Assets 2021: $9,886,220Liabilities 2021: $412,065Net Assets 2021: $9,474,1552021Assets 2022: $10,022,994Liabilities 2022: $423,658Net Assets 2022: $9,599,3362022Assets 2023: $9,939,943Liabilities 2023: $614,753Net Assets 2023: $9,325,1902023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $199,0772010Expenses 2011: $211,2632011Expenses 2012: $193,0812012Revenue 2013: $463,337Expenses 2013: $164,095Net Income 2013: $299,2422013Revenue 2014: $284,087Expenses 2014: $212,490Net Income 2014: $71,5972014Revenue 2015: $352,885Expenses 2015: $282,673Net Income 2015: $70,2122015Revenue 2016: $217,156Expenses 2016: $303,696Net Income 2016: -$86,5402016Revenue 2017: $3,441,165Expenses 2017: $352,303Net Income 2017: $3,088,8622017Revenue 2018: $451,479Expenses 2018: $370,643Net Income 2018: $80,8362018Revenue 2019: $558,314Expenses 2019: $379,433Net Income 2019: $178,8812019Revenue 2020: $338,084Expenses 2020: $396,279Net Income 2020: -$58,1952020Revenue 2021: $516,436Expenses 2021: $424,424Net Income 2021: $92,0122021Revenue 2022: $430,231Expenses 2022: $337,455Net Income 2022: $92,7762022Revenue 2023: $638,167Expenses 2023: $545,264Net Income 2023: $92,9032023Revenue 2024: $772,449Expenses 2024: $633,043Net Income 2024: $139,4062024

Highlighted filing

2024

Revenue$772,449
Expenses$633,043
Net Income$139,406
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$772,449
Expenses
$633,043
Net income
$139,406
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.77$0.63$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.94$0.61$9.33$0.64$0.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$10.0$0.42$9.60$0.43$0.34$0.09
2021Detailed filing. Detailed filing data is available for this year.$9.89$0.41$9.47$0.52$0.42$0.09
2020Summary only. Only limited summary data is available for this year.$8.02$0.31$7.71$0.34$0.40$0.06
2019Detailed filing. Detailed filing data is available for this year.$7.90$0.31$7.59$0.56$0.38$0.18
2018Detailed filing. Detailed filing data is available for this year.$7.47$0.25$7.22$0.45$0.37$0.08
2017Detailed filing. Detailed filing data is available for this year.$6.54$0.24$6.30$3.44$0.35$3.09
2016Detailed filing. Detailed filing data is available for this year.$3.40$0.19$3.21$0.22$0.30$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.45$0.16$3.29$0.35$0.28$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.34$0.12$3.22$0.28$0.21$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.07$3.15$0.46$0.16$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.07$2.85$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.07$2.82$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.03$2.80$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$2,536,371
Mission and Program Overview

Mission

Scholarship assistance to graduates of melrose high school.

Scholarship assistance to graduates of melrose high school

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,789,111$0▼ $9,789,111
Cash and Non-Interest-Bearing Accounts$150,832$0▼ $150,832
Total Assets$9,939,943$0▼ $9,939,943
Liabilities
Other Liabilities$614,753$0▼ $614,753
Total Liabilities$614,753$0▼ $614,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,369,727$0▼ $5,369,727
Net Assets With Donor Restrictions$3,955,463$0▼ $3,955,463
Total Net Assets Fund Balance$9,325,190$0▼ $9,325,190
Total Liabilities and Net Assets / Fund Balance$9,939,943$0▼ $9,939,943

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,955,463$96,111▲ $323,184$4,018,608$0
2022$3,843,030$129,188▲ $393,770-$3,955,463
2021$3,634,128$108,052▲ $465,300-$3,843,030
2020$3,303,678$290,645▲ $359,455-$3,634,128
2019$3,194,400$75,661▲ $339,917-$3,303,678
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Mary Beth WalshPresident
Linda WhelanTrustee
Mark HutchinsonTrustee
Robert SavarinoTrustee
Susan CaffeySecretary
Linda FennellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,062
Program Service Revenue
$0
Investment Income
$593,732
Other Revenue
$18,655
All Other Contributions
$160,062
Change in Net Assets
$139,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$513,350
Other Expenses$66,983
Salaries, Compensation, and Employee Benefits$52,710
Total Fundraising Expense$13,177
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$513,350--$513,350
Current Officers, Directors, Trustees, and Key Employees$26,355$13,178$13,177$52,710
Fees for Service Investment Mgmnt Fees$0$48,836$0$48,836
Fees for Services Accounting$0$10,815$0$10,815
Information Technology$0$2,752$0$2,752
Advertising$0$1,362$0$1,362
Office Expenses$0$794$0$794
Other Expenses$0$570$0$570
All Other Expenses$0$250$0$250
Total Functional Expenses$539,705$80,161$13,177$633,043
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,384
Fundraising Direct Expenses$8,729
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Payable$1,017,650
Transfer to Corporate Entity$-1,017,650
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Melrose High School Permanent Scholarship Fund
EIN
04-6116247
Phone
5088461492
Address
PO BOX 760695, MELROSE, MA 02176

Signing Officer

Name
Linda Fennell
Title
Treasurer
Phone
5088461492
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Fennell
Formed
1964
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
10

Preparer

Firm
DF Breen LLC
Address
18 Woodcrest Dr, Melrose, MA 02176
Preparer
Alaine M Breen
Phone
7819790086
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The form 990 is distributed to the board for review and approval prior to filing”

Pt VI, Line 15A

“The treasurer receives a stipend of $12,500 per year which was determined in january, 2008 by the two acting directors at that time”

Pt VI, Line 19

“The organization makes its governing documents and financial information available upon request. The organization does not have a conflict of interest policy”

Pt VI, Line 8A

“Minutes are taken by an assigned board member at each meeting”

Pt VI, Line 18

“Form 990 and other organizational documents are made available upon request”

Pt VI, Line 8B

“There are no such committes”

Pt XI

“Unredeemed expired awards”

Pt XII, Line 1

“Modified cash to account for scholarship award expiration”

Pt XI

“Transfer of net assets to successor corporate entity”

Financial Statement Notes

Pt V, Line 4

“The organizations endowment funds are intended to be used to give scholarship assistance to graduates of melrose high school. Due to a cumulative allocation formula adjustment, a reallocation was made from endowment to general funds for fye 6.2024”

Raw XML AppendixShowing 400 of 452 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.

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IRS990/ExpenseAmt0539705
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IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
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IRS990/PYGrantsAndSimilarPaidAmt0460875
IRS990/PYInvestmentIncomeAmt0433543
IRS990/PYOtherExpensesAmt056170
IRS990/PYOtherRevenueAmt010526
IRS990/PYRevenuesLessExpensesAmt092903
IRS990/PYSalariesCompEmpBnftPaidAmt028219
IRS990/PYTotalExpensesAmt0545264
IRS990/PYTotalRevenueAmt0638167
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0139406
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0785093
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION HAS BROAD COMMUNITY SUPPORT AND AWARDS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SCHOLARSHIPS TO EVERY MELROSE HIGH SCHOOL STUDENT THAT
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2APPLIES. THE BOARD IS COMPRISED OF LOCAL COMMUNITY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3LEADERS, WHO VOLUNTARILY DONATE THEIR TIME.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 17a
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt II Ln 17a
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Pt II Ln 17a
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Pt II Ln 17a
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0160062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0194098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0177237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0333510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0975018
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0606376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0230382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0237738
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0180806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0220763
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01476065
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.40630
IRS990ScheduleA/PublicSupportTotal170Amt0975018
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0160062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0194098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0177237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0333510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110111
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0975018
IRS990ScheduleA/TotalSupportAmt02451083
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/BeginningYearBalanceAmt03955463
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt096111
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0356150
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0323184
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04018608
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03843030
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0129188
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03955463
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0410525
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0393770
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03634128
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0108052
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03843030
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0364450
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0465300
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03303678
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0290645
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03634128
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0319650
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0359455
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03194400
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt075661
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03303678
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0306300
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0339917
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01017650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-1017650
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIPS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TRANSFER TO CORPORATE ENTITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS ENDOWMENT FUNDS ARE INTENDED TO BE USED TO GIVE SCHOLARSHIP ASSISTANCE TO GRADUATES OF MELROSE HIGH SCHOOL. DUE TO A CUMULATIVE ALLOCATION FORMULA ADJUSTMENT, A REALLOCATION WAS MADE FROM ENDOWMENT TO GENERAL FUNDS FOR FYE 6.2024
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL ASSETS & LIAB
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0MHS PERM SCHOLARSHIP FUND INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0851359041
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt09853986
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0MARKET STMTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 760695
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0MELROSE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd002176
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE TRUST REORGANIZED AS A CORPORATION EFFECTIVE JULY 1, 2024. THE OFFICERS AND TRUSTEES OF THE TRUST AS NOTED IN PART VII RETAINED THEIR ROLES AND POSITIONS IN THE NEW CORPORATION
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1THE TRUST REORGANIZED AS A CORPORATION EFFECTIVE JULY 1, 2024. ALL ASSETS AND LIABILITIES TRANSFERRED TO THE CORPORATE ENTITY. OPERATIONS AND CHARITABLE PURPOSE UNDER THE CORPORATION ARE IDENTICAL TO THE TRUST.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2e
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER RECEIVES A STIPEND OF $12,500 PER YEAR WHICH WAS DETERMINED IN JANUARY, 2008 BY THE TWO ACTING DIRECTORS AT THAT TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MINUTES ARE TAKEN BY AN ASSIGNED BOARD MEMBER AT EACH MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AND OTHER ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO SUCH COMMITTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREDEEMED EXPIRED AWARDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MODIFIED CASH TO ACCOUNT FOR SCHOLARSHIP AWARD EXPIRATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRANSFER OF NET ASSETS TO SUCCESSOR CORPORATE ENTITY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt09939943
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt09939943
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0160062
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013177
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080161
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0539705
IRS990/TotalFunctionalExpensesGrp/TotalAmt0633043
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0614753
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0614753
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09325190
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00

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