Civic Intelligence

Westerly Education Endowment Fund Inc.

990EZ • Fiscal year 2024 • EIN 20-1963637

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 06, 2025

Organization Profileweefri.org
PO Box 1219Westerly, RI 02891

(401) 829-7494

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

3rd percentile

-308%

Higher net margin than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-14%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$164,163

Down $26,120 (-14%) from 2023

Net Assets

Down

$164,163

Down $26,120 (-14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin3rd percentile

Revenue

Down

$8,469

Down $2,938 (-26%) from 2023

Expenses

Up

$34,589

Up $21,785 (+170%) from 2023

Net Income

Down

-$26,120

Down $24,723 (-1770%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2010: $33,529Liabilities 2010: $0Net Assets 2010: $33,5292010Assets 2011: $36,134Liabilities 2011: $0Net Assets 2011: $36,1342011Assets 2012: $47,856Liabilities 2012: $0Net Assets 2012: $47,8562012Assets 2013: $48,766Liabilities 2013: $0Net Assets 2013: $48,7662013Assets 2014: $56,680Liabilities 2014: $0Net Assets 2014: $56,6802014Assets 2015: $57,018Liabilities 2015: $0Net Assets 2015: $57,0182015Assets 2016: $60,904Liabilities 2016: $0Net Assets 2016: $60,9042016Assets 2017: $58,545Liabilities 2017: $0Net Assets 2017: $58,5452017Assets 2018: $77,224Liabilities 2018: $0Net Assets 2018: $77,2242018Assets 2023: $190,283Liabilities 2023: $0Net Assets 2023: $190,2832023Assets 2024: $164,163Liabilities 2024: $0Net Assets 2024: $164,1632024

Highlighted filing

2024

Assets$164,163
Liabilities$0
Net Assets$164,163
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $35,815Expenses 2010: $31,513Net Income 2010: $4,3022010Revenue 2011: $27,586Expenses 2011: $24,981Net Income 2011: $2,6052011Expenses 2012: $13,8022012Revenue 2013: $46,799Expenses 2013: $45,889Net Income 2013: $9102013Revenue 2014: $30,699Expenses 2014: $22,785Net Income 2014: $7,9142014Revenue 2015: $24,046Expenses 2015: $23,708Net Income 2015: $3382015Revenue 2016: $55,903Expenses 2016: $52,017Net Income 2016: $3,8862016Revenue 2017: $74,535Expenses 2017: $76,894Net Income 2017: -$2,3592017Revenue 2018: $62,216Expenses 2018: $43,537Net Income 2018: $18,6792018Revenue 2023: $11,407Expenses 2023: $12,804Net Income 2023: -$1,3972023Revenue 2024: $8,469Expenses 2024: $34,589Net Income 2024: -$26,1202024

Highlighted filing

2024

Revenue$8,469
Expenses$34,589
Net Income-$26,120
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$8,469
Mission and Program Overview

Mission

To create, maintain and increase an endowment fund for the Westerly Public School District.

Program Services

DescriptionGrantsExpenses
To create, maintain and increase an endowment fund as a source of supplemental education funds for Westerly Public School students. To award grants to students, teachers, administrators, staff, parents or schools that are members of the Town of Westerly Public School District for any project enhancing the educational experience.$0$34,589
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah VentrescaTrustee-$0--
Dr Mark GarceauTrustee-$0--
Megan HerlihyTrustee-$0--
Ide KoulbanisTrustee-$0--
Jean LarsonTrustee-$0--
Susan LjungbergTrustee-$0--
Stephen WhitePresident-$0--
Christian LundVice President-$0--
Ernest MuccioTreasurer-$0--
Colleen SailaSecetary-$0--
Filing and Contact Details

Filer

Filer Name
Westerly Education Endowment Fund Inc
EIN
20-1963637
Phone
4018297494
Address
PO Box 1219, Westerly, RI 02891

Signing Officer

Name
Ernest Muccio
Title
Treasurer
Phone
4018297494
Signed
2025-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Pucci Greene & Fusaro LLC
Address
110 Airport Road, Westerly, RI 02891
Preparer
Christopher M Fusaro CPA
Phone
4015961926
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: Interest. Amount: 544.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Teacher Awards. Amount: 11,354.”

Raw XML Appendix179 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westerly
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002891
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Deborah Ventresca
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Dr Mark Garceau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Megan Herlihy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ide Koulbanis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jean Larson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Susan Ljungberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Stephen White
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Christian Lund
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Ernest Muccio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Colleen Saila
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Secetary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011354
IRS990EZ/OtherRevenueTotalAmt0544
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To create, maintain and increase an endowment fund for the Westerly Public School District.
IRS990EZ/PrintingPublicationsPostageAmt0798
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To create, maintain and increase an endowment fund as a source of supplemental education funds for Westerly Public School students. To award grants to students, teachers, administrators, staff, parents or schools that are members of the Town of Westerly Public School District for any project enhancing the educational experience.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034589
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IRS990EZ/TotalRevenueAmt08469
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03649
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03649
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011574
IRS990ScheduleA/TotalSupportAmt011574
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd01
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest. Amount: 544.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Teacher Awards. Amount: 11,354.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Ernest Muccio
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04018297494
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Westerly Education Endowment Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0201963637
ReturnHeader/Filer/PhoneNum04018297494
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1219
ReturnHeader/Filer/USAddress/CityNm0Westerly
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002891
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472076095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pucci Greene & Fusaro LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 Airport Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Westerly
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002891
ReturnHeader/PreparerPersonGrp/PhoneNum04015961926
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher M Fusaro CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-06T08:01:39-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$164,163
Liabilities
$0
Net assets
$164,163
Revenue
$8,469
Expenses
$34,589
Net income
-$26,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.08$0.35$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.11$0.13$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.62$0.44$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.75$0.77$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.56$0.52$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.24$0.24$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.31$0.23$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.47$0.46$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.14
2011Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$0.28$0.25$0.03
2010Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.36$0.32$0.04