Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 20-8923828 • 501(c)3 • Nashua, NH
Profile
The mission of the craig p hutchinson memorial fund is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Down$89,018
Down $3,283 (-3.6%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$89,018
Down $3,283 (-3.6%) from 2023
Revenue
Down$22,716
Down $79 (-0.3%) from 2023
Expenses
Up$26,000
Up $24,629 (+1796%) from 2023
Net Income
Down-$3,284
Down $24,708 (-115%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The mission of the indpendent karate school scholarship foundation is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.
The mission of the craig p hutchinson memorial fund is to fund the academic endeavors of independent martial arts school black belts; support programs, activities and initiatives that grow the pipeline of potential black belts through the independent martial arts school, inc.
| Description | Grants | Expenses |
|---|---|---|
| THE MISSION OF THE CRAIG P HUTCHINSON MEMORIAL FUND IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS. | - | $26,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF MAISTROSKY | President | - | $0 | - | - |
| HOLLY HAYDEN | Treasurer | PT | $0 | - | - |
| KATHERINE BONAMO | Secretary | - | $0 | - | - |
| PETER DESMARAIS | Director | - | $0 | - | - |
| DEIRDRE LITTLEWOOD | Director | - | $0 | - | - |
| MICHAEL SUSALKA | Non-Voting M | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Miscellaneous F | $26,066 | $26,066 | $3,800 | $22,266 |
| Total Events | $26,066 | $26,066 | $3,800 | $22,266 |
“There was a 10,000 scholarship awarded to simmons university on behalf of kaitlyn frye, another 10,000 scholarship awarded to worcester polytechnic university on behalf of annika hayden, a 1,500 scholarship awarded to max lowell and a 500 scholarship awarded to bishop guertin high school on behalf of o-sensei lou desmarais.”
“Expenses dues 75 scholarship winner 22,000 total 22,075”
“Due from iks 2,251 2,251 total 2,251 2,251”
“The mission of the craig p hutchinson memorial fund is to fund the academic endeavors of independent martial arts school black belts; support programs, activities and initiatives that grow the pipeline of potential black belts through the independent martial arts school, inc.”
“The mission of the craig p hutchinson memorial fund is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.”
“The bylaws were updated in october, 2024. The conflict of interest, gift acceptance and expense reimbursement policies were also formally adopted. The policies are electronically attached to this filing.”
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/BusinessName/BusinessNameLine1Txt | 0 | THE CRAIG P HUTCHINSON MEMORIAL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6038833781 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 138 LAKE STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NASHUA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 03060 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 90051 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 86767 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 450 |
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3284 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3925 |
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| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 89018 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 26066 |
| IRS990EZ/GrossReceiptsAmt | 0 | 26516 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 92302 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 89018 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 92302 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 89018 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JEFF MAISTROSKY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HOLLY HAYDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KATHERINE BONAMO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | PETER DESMARAIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DEIRDRE LITTLEWOOD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MICHAEL SUSALKA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | NON-VOTING M |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2251 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2251 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 22075 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF THE CRAIG P HUTCHINSON MEMORIAL FUND IS TO FUND THE ACADEMIC ENDEAVORS OF INDEPENDENT MARTIAL ARTS SCHOOL BLACK BELTS; SUPPORT PROGRAMS, ACTIVITIES AND INITIATIVES THAT GROW THE PIPELINE OF POTENTIAL BLACK BELTS THROUGH THE INDEPENDENT MARTIAL ARTS SCHOOL, INC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE MISSION OF THE CRAIG P HUTCHINSON MEMORIAL FUND IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 26000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 3800 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 22266 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NH |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 26000 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 26000 |
| IRS990EZ/TotalRevenueAmt | 0 | 22716 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 450 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 267 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2414 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 132354 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2414 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 450 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 267 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2414 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2414 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 3800 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | MISCELLANEOUS F |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 26066 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 26066 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 26066 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 26066 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 22266 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 3800 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 3800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE WAS A 10,000 SCHOLARSHIP AWARDED TO SIMMONS UNIVERSITY ON BEHALF OF KAITLYN FRYE, ANOTHER 10,000 SCHOLARSHIP AWARDED TO WORCESTER POLYTECHNIC UNIVERSITY ON BEHALF OF ANNIKA HAYDEN, A 1,500 SCHOLARSHIP AWARDED TO MAX LOWELL AND A 500 SCHOLARSHIP AWARDED TO BISHOP GUERTIN HIGH SCHOOL ON BEHALF OF O-SENSEI LOU DESMARAIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES DUES 75 SCHOLARSHIP WINNER 22,000 TOTAL 22,075 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUE FROM IKS 2,251 2,251 TOTAL 2,251 2,251 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE MISSION OF THE CRAIG P HUTCHINSON MEMORIAL FUND IS TO FUND THE ACADEMIC ENDEAVORS OF INDEPENDENT MARTIAL ARTS SCHOOL BLACK BELTS; SUPPORT PROGRAMS, ACTIVITIES AND INITIATIVES THAT GROW THE PIPELINE OF POTENTIAL BLACK BELTS THROUGH THE INDEPENDENT MARTIAL ARTS SCHOOL, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MISSION OF THE CRAIG P HUTCHINSON MEMORIAL FUND IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BYLAWS WERE UPDATED IN OCTOBER, 2024. THE CONFLICT OF INTEREST, GIFT ACCEPTANCE AND EXPENSE REIMBURSEMENT POLICIES WERE ALSO FORMALLY ADOPTED. THE POLICIES ARE ELECTRONICALLY ATTACHED TO THIS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART V, LINE 34 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HOLLY HAYDEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6038833781 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-12 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CRAI |
| ReturnHeader/Filer/EIN | 0 | 208923828 |
| ReturnHeader/Filer/PhoneNum | 0 | 6038826917 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 138 LAKE ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NASHUA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 03060 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 871768157 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NH TAX & BOOKKEEPING LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 25 NASHUA ROAD UNIT B2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LONDONDERRY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 03053 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6034342706 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SARA J MORIN-PAYNE EA |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T14:00:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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