Civic Intelligence

Shawsheen Technical Scholarship Fund Inc

990EZ • Fiscal year 2024 • EIN 46-3844100

Jul 01, 2023 to Jun 30, 2024 • Filed on May 07, 2025

Organization ProfileN/A
100 Cook StreetBillerica, MA 01821-5421

(781) 710-9959

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$479,414

Flat from 2024

Net Assets

Flat

$479,414

Flat from 2024

Liabilities

Flat

$0

Flat from 2024

Revenue And Expenses

Revenue

Flat

$21,042

Flat from 2024

Expenses

Flat

$35,713

Flat from 2024

Net Income

Flat

-$14,671

Flat from 2024

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $301,162Liabilities 2016: $280Net Assets 2016: $300,8822016Assets 2017: $463,837Liabilities 2017: $0Net Assets 2017: $463,8372017Assets 2018: $496,477Liabilities 2018: $0Net Assets 2018: $496,4772018Assets 2019: $462,886Liabilities 2019: $0Net Assets 2019: $462,8862019Assets 2020: $438,972Liabilities 2020: $0Net Assets 2020: $438,9722020Assets 2021: $483,683Liabilities 2021: $0Net Assets 2021: $483,6832021Assets 2022: $471,669Liabilities 2022: $0Net Assets 2022: $471,6692022Assets 2023: $494,085Liabilities 2023: $0Net Assets 2023: $494,0852023Assets 2024: $479,414Liabilities 2024: $0Net Assets 2024: $479,4142024Assets 2024: $479,414Liabilities 2024: $0Net Assets 2024: $479,4142024Assets 2025: $477,092Liabilities 2025: $0Net Assets 2025: $477,0922025

Highlighted filing

2024

Assets$479,414
Liabilities$0
Net Assets$479,414
Open 2024 Filing

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $61,970Expenses 2016: $73,036Net Income 2016: -$11,0662016Revenue 2017: $60,036Expenses 2017: $6,321Net Income 2017: $53,7152017Revenue 2018: $59,010Expenses 2018: $26,370Net Income 2018: $32,6402018Revenue 2019: $8,651Expenses 2019: $27,459Net Income 2019: -$18,8082019Revenue 2020: $1,576Expenses 2020: $25,490Net Income 2020: -$23,9142020Revenue 2021: $73,580Expenses 2021: $28,869Net Income 2021: $44,7112021Revenue 2022: $15,436Expenses 2022: $27,450Net Income 2022: -$12,0142022Revenue 2023: $39,516Expenses 2023: $17,100Net Income 2023: $22,4162023Revenue 2024: $21,042Expenses 2024: $35,713Net Income 2024: -$14,6712024Revenue 2024: $21,042Expenses 2024: $35,713Net Income 2024: -$14,6712024Revenue 2025: $32,133Expenses 2025: $34,455Net Income 2025: -$2,3222025

Highlighted filing

2024

Revenue$21,042
Expenses$35,713
Net Income-$14,671
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$45,617
Mission and Program Overview

Mission

To raise money for the purpose of funding educational endeavors, inclusive of scholarships for graduates of the shawsheen valley regional vocational technical school district.

Program Services

DescriptionGrantsExpenses
INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS$0$35,713
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT G PETERSON SRPresident/Direct0r-$0--
MICHAEL N LYONSDirector-$0--
ROBERT G PETERSON JRTreasurer/Director-$0--
JAMES M GILLISVice President/Director-$0--
JENNA LESKOAssistant Treasurer-$0--
TONY MCINTOSHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Shawsheen Technical Scholarship
EIN
46-3844100
Phone
7817109959
Address
100 COOK STREET, BILLERICA, MA 01821-5421

Signing Officer

Name
Robert G Peterson
Title
President
Phone
7817109959
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Sean J Downey
Address
707 MAIN STREET, WALTHAM, MA 02451-0609
Preparer
Sean J Downey
Phone
7818941200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: dividends and interest. Amount: 13,504.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarships. Grantee name: 22 individual scholarships-names upon request. Grantee relationship: none. Property description: check. Method used to determine book value: cash value. Method used to determine fmv: cash value. Amount given: 32,000.”

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

“Description: investment quarterly fees. Amount: 3,686. Description: statement delivery fees. Amount: 27. Total to form 990-ez, line 16: 3,713.”

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT G PETERSON SR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL N LYONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT G PETERSON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES M GILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JENNA LESKO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TONY MCINTOSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECT0R
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ASSISTANT TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03713
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RAISE MONEY FOR THE PURPOSE OF FUNDING EDUCATIONAL ENDEAVORS, INCLUSIVE OF SCHOLARSHIPS FOR GRADUATES OF THE SHAWSHEEN VALLEY REGIONAL VOCATIONAL TECHNICAL SCHOOL DISTRICT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035713
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt029713
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt035713
IRS990EZ/TotalRevenueAmt021042
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt066105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073605
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013574
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt066510
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013504
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt066510
IRS990ScheduleA/InvestmentIncomeCYPct00.47470
IRS990ScheduleA/InvestmentIncomePYPct00.47700
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt073605
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDENDS AND INTEREST. AMOUNT: 13,504.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: 22 INDIVIDUAL SCHOLARSHIPS-NAMES UPON REQUEST. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHECK. METHOD USED TO DETERMINE BOOK VALUE: CASH VALUE. METHOD USED TO DETERMINE FMV: CASH VALUE. AMOUNT GIVEN: 32,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT QUARTERLY FEES. AMOUNT: 3,686. DESCRIPTION: STATEMENT DELIVERY FEES. AMOUNT: 27. TOTAL TO FORM 990-EZ, LINE 16: 3,713.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/PersonNm0ROBERT G PETERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07817109959
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAWSHEEN TECHNICAL SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAW
ReturnHeader/Filer/EIN0463844100
ReturnHeader/Filer/PhoneNum07817109959
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 COOK STREET
ReturnHeader/Filer/USAddress/CityNm0BILLERICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0018215421
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202805967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEAN J DOWNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0707 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024510609
ReturnHeader/PreparerPersonGrp/PhoneNum07818941200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN J DOWNEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-08T13:45:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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
$479,414
Liabilities
$0
Net assets
$479,414
Revenue
$21,042
Expenses
$35,713
Net income
-$14,671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$0.32$0.34$0.02
2024Detailed filing. Detailed filing data is available for this year.$4.79$0.00$4.79$0.21$0.36$0.15
2024Detailed filing. Detailed filing data is available for this year.$4.79$0.00$4.79$0.21$0.36$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.94$0.00$4.94$0.40$0.17$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.72$0.00$4.72$0.15$0.27$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.84$0.00$4.84$0.74$0.29$0.45
2020Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$0.02$0.25$0.24
2019Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$0.09$0.27$0.19
2018Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$0.59$0.26$0.33
2017Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$0.60$0.06$0.54
2016Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$0.62$0.73$0.11