Civic Intelligence

Fall Mountain Scholarship Fund Inc

EIN 46-3553548 • 501(c)3 • Walpole, NH

Profile

The purpose of the organization is to expand access to higher education for resident students of the communities which comprise the fall mountain region by raising funds for student aid distribution and distributing awards on a fair and nondiscriminatory basis.

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

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

Liabilities / Revenue

20th percentile

0.00x

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

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

Net Margin

91st percentile

58%

Higher net margin than 91% 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

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

70th percentile

23%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$1,745,256

Up $287,297 (+20%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$1,745,256

Up $287,297 (+20%) from 2024

Revenue

Up

$183,642

Up $34,126 (+23%) from 2024

Expenses

Up

$77,135

Up $9,617 (+14%) from 2024

Net Income

Up

$106,507

Up $24,509 (+30%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $475,344Net Assets 2014: $475,3442014Assets 2015: $465,447Liabilities 2015: $0Net Assets 2015: $465,4472015Assets 2016: $460,096Liabilities 2016: $0Net Assets 2016: $460,0962016Assets 2017: $505,492Liabilities 2017: $0Net Assets 2017: $505,4922017Assets 2018: $539,145Liabilities 2018: $0Net Assets 2018: $539,1452018Assets 2019: $600,127Liabilities 2019: $0Net Assets 2019: $600,1272019Assets 2020: $533,939Liabilities 2020: $0Net Assets 2020: $533,9392020Assets 2021: $966,255Liabilities 2021: $0Net Assets 2021: $966,2552021Assets 2022: $865,626Liabilities 2022: $0Net Assets 2022: $865,6262022Assets 2023: $990,252Liabilities 2023: $0Net Assets 2023: $990,2522023Assets 2024: $1,457,959Liabilities 2024: $0Net Assets 2024: $1,457,9592024Assets 2025: $1,745,256Liabilities 2025: $0Net Assets 2025: $1,745,2562025

Highlighted filing

2025

Assets$1,745,256
Liabilities$0
Net Assets$1,745,256

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $12,514Expenses 2014: $57,180Net Income 2014: -$44,6662014Revenue 2015: $105,601Expenses 2015: $115,498Net Income 2015: -$9,8972015Revenue 2016: $112,326Expenses 2016: $118,778Net Income 2016: -$6,4522016Revenue 2017: $146,693Expenses 2017: $117,070Net Income 2017: $29,6232017Revenue 2018: $143,992Expenses 2018: $128,167Net Income 2018: $15,8252018Revenue 2019: $263,465Expenses 2019: $220,100Net Income 2019: $43,3652019Revenue 2020: $45,590Expenses 2020: $85,144Net Income 2020: -$39,5542020Revenue 2021: $300,073Expenses 2021: $47,680Net Income 2021: $252,3932021Revenue 2022: $135,203Expenses 2022: $77,178Net Income 2022: $58,0252022Revenue 2023: $108,095Expenses 2023: $62,185Net Income 2023: $45,9102023Revenue 2024: $149,516Expenses 2024: $67,518Net Income 2024: $81,9982024Revenue 2025: $183,642Expenses 2025: $77,135Net Income 2025: $106,5072025

Highlighted filing

2025

Revenue$183,642
Expenses$77,135
Net Income$106,507

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 26, 2026
Return Version
2024v5.5
Gross Receipts
$348,524
Mission and Program Overview

Mission

The purpose of the organization is to expand access to higher education for resident students of the communities which comprise the fall mountain region by raising funds for student aid distribution and distributing awards on a fair and nondiscriminatory basis.

Raising funds for student aid distribution, distributing awards on a fair and nondiscriminatory basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,123,245$1,224,816▲ $101,571
Savings and Temporary Cash Investments$279,794$509,962▲ $230,168
Cash and Non-Interest-Bearing Accounts$54,920$10,478▼ $44,442
Total Assets$1,457,959$1,745,256▲ $287,297
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,457,959$1,522,611▲ $64,652
Net Assets With Donor Restrictions-$222,645-
Total Net Assets Fund Balance$1,457,959$1,745,256▲ $287,297
Total Liabilities and Net Assets / Fund Balance$1,457,959$1,745,256▲ $287,297
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randall RhoadesAwards Committee Chair
Richard M NalevankoPresident
Alice CableDirector
Alissa BascomDirector
Allegra MillerDirector
Joshua BeerDirector
Julie MartinDirector
Nate BissonDirector
Peter BergerDirector
Robert J Kasper JrDirector
Treavor BeaudryDirector
Garrison MacriInvestment Committee
Heather B GendronSecretary
Mark MastrocinqueTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,778
Program Service Revenue
$0
Investment Income
$32,040
Other Revenue
$19,824
All Other Contributions
$131,778
Change in Net Assets
$106,507

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded198$101,801Fair Market Value
Total Noncash Contributions198$101,801-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$73,800
Other Expenses$3,335
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$73,800--$73,800
Fees for Services Accounting-$1,150-$1,150
Insurance-$190-$190
Other Expenses-$75-$75
Total Functional Expenses$73,800$3,335$0$77,135
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,699
Fundraising Direct Expenses$1,875
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Casino Fundraiser$21,699$21,699-$21,699
Total Events$21,699$21,699$1,875$19,824
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
No
Annual disclosure for covered persons
Yes
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is made available to the governing body prior to being signed by the president or treasurer.

Form 990, Part VI, Section B, Line 12C

Any possible conflict of interest on the part of any member, officer or employee of the corporation, shall be disclosed in writing to the board and made a matter of record through an annual procedure and also when the interest involves a specific issue before the board.

Form 990, Part VI, Section C, Line 19

A copy of form 990 is made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fall Mountain Scholarship Fund Inc
EIN
46-3553548
Phone
6319424056
Address
PO BOX 116, WALPOLE, NH 03608

Signing Officer

Name
Mark Mastrocinque
Title
Treasurer
Phone
6319424056
Signed
2026-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Mastrocinque
Formed
2013
Legal Domicile
Nh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Oster & Wheeler Pc
Address
265 WASHINGTON ST, KEENE, NH 03431
Preparer
Christopher R Wheeler CPA
Phone
6033524500
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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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0757965
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09937
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09872
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027693
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt032879
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018161
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt098542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09937
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09872
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt032879
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt098542
IRS990ScheduleA/InvestmentIncomeCYPct00.11510
IRS990ScheduleA/InvestmentIncomePYPct00.14020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88490
IRS990ScheduleA/PublicSupportPY509Pct00.85980
IRS990ScheduleA/PublicSupportTotal509Amt0757965
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0131778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0118165
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt073553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062462
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372007
IRS990ScheduleA/Total509Grp/TotalAmt0757965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0141715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0128037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0101246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt095341
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0390168
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0856507
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01875
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CASINO FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021699
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021699
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021699
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021699
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019824
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01875
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01875
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIPS FOR POST SECONDARY EDUCATION
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES THE SCHOLARSHIP CHECKS PAYABLE DIRECTLY TO THE COLLEGE OR UNIVERSITY THAT THE STUDENT IS ATTENDING TO PREVENT THE FUNDS FROM BEING MISAPPROPRIATED. IN ADDITION, THE STUDENT AGREES WHEN ACCEPTING THE SCHOLARSHIP TO NOTIFY THE BOARD OF DIRECTORS WHENEVER THERE IS A CHANGE IN THE ENROLLMENT STATUS AT THE SCHOOL, AND TO RETURN ANY UNUSED SCHOLARSHIP FUNDS TO THE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
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IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS MADE AVAILABLE TO THE GOVERNING BODY PRIOR TO BEING SIGNED BY THE PRESIDENT OR TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER, OFFICER OR EMPLOYEE OF THE CORPORATION, SHALL BE DISCLOSED IN WRITING TO THE BOARD AND MADE A MATTER OF RECORD THROUGH AN ANNUAL PROCEDURE AND ALSO WHEN THE INTEREST INVOLVES A SPECIFIC ISSUE BEFORE THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01457959
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IRS990/TotalAssetsGrp/BOYAmt01457959
IRS990/TotalAssetsGrp/EOYAmt01745256
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0131778
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt073800
IRS990/TotalFunctionalExpensesGrp/TotalAmt077135
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01457959
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt073800
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051864
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0183642
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01457959
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01745256
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 116
IRS990/USAddress/CityNm0WALPOLE
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003608
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0HTTPS://WWW.FACEBOOK.COM/FALLMOUNTAINSCHOLARSHIPF
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK MASTROCINQUE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER

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