Civic Intelligence

The Mighty Oak Fund

EIN 46-6284719 • 501(c)3 • Littleton, MA

Profile

To promote the funding or other support of scholarship funds, not-for-profit programs and projects important to the chrenc family.

63 Grist Mill RdLittleton, MA 01460

www.themightyoakfund.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

34th percentile

-6.7%

Higher net margin than 34% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

30th percentile

-23%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

88th percentile

70%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Down

$7,152

Down $7,280 (-50%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Up

$14,660

Up $3,641 (+33%) from 2022

Expenses

Down

$21,940

Down $9,778 (-31%) from 2022

Net Income

Up

-$7,280

Up $13,419 (+65%) from 2022

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2013: $9,131Liabilities 2013: $0Net Assets 2013: $9,1312013Assets 2014: $6,836Liabilities 2014: $0Net Assets 2014: $6,8362014Assets 2016: $923Liabilities 2016: $0Net Assets 2016: $9232016Assets 2017: $2,323Liabilities 2017: $02017Assets 2018: $9,391Liabilities 2018: $0Net Assets 2018: $9,3912018Assets 2019: $32,510Liabilities 2019: $0Net Assets 2019: $32,5102019Assets 2020: $38,322Liabilities 2020: $0Net Assets 2020: $38,3222020Assets 2021: $35,131Liabilities 2021: $0Net Assets 2021: $35,1312021Assets 2022: $14,432Liabilities 2022: $0Net Assets 2022: $14,4322022Assets 2023: $7,152Liabilities 2023: $02023

Highlighted filing

2023

Assets$7,152
Liabilities$0
Net Assets-

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $73,027Expenses 2013: $64,768Net Income 2013: $8,2592013Revenue 2014: $34,191Expenses 2014: $36,486Net Income 2014: -$2,2952014Revenue 2016: $32,067Expenses 2016: $31,451Net Income 2016: $6162016Revenue 2017: $56,145Expenses 2017: $54,745Net Income 2017: $1,4002017Revenue 2018: $39,185Expenses 2018: $32,117Net Income 2018: $7,0682018Revenue 2019: $77,682Expenses 2019: $54,563Net Income 2019: $23,1192019Revenue 2020: $31,794Expenses 2020: $26,860Net Income 2020: $4,9342020Revenue 2021: $41,500Expenses 2021: $42,451Net Income 2021: -$9512021Revenue 2022: $11,019Expenses 2022: $31,718Net Income 2022: -$20,6992022Revenue 2023: $14,660Expenses 2023: $21,940Net Income 2023: -$7,2802023

Highlighted filing

2023

Revenue$14,660
Expenses$21,940
Net Income-$7,280

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 30, 2017
Return Version
2016v3.0
Gross Receipts
$52,786
Mission and Program Overview

Mission

To promote the funding or other support of scholarship funds, not-for-profit programs and projects important to the chrenc family.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION DONATED $10,000 TO THE HOENSHELL CHILDREN'S TRUST.$0$26,200
THE ORGANIZATION RAISED AND DONATED $9,000 TO THE LITTLETON PARKS AND RECREATION.$0$0
THE ORGANIZATION RAISED AND DONATED $4,000 TO BAYSTATE FINANCIAL CHARITABLE FOUNDATION.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT CHRENCTrusteePT$0--
JENNIFER CALAFATITrusteePT$0--
JESSICA VOLINOTrusteePT$0--
DANIEL WILSONTrustee-$0--
WILLIAM CASEYTrustee-$0--
JOSEPH TARANTINOTrustee-$0--
JACQULINE ANGIERTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$36,645$20,719$9,615$11,104
Total Events$36,645$20,719$20,719$0
Filing and Contact Details

Filer

Filer Name
The Mighty Oak Fund
EIN
46-6284719
Phone
7818589656
Address
63 GRIST MILL RD, LITTLETON, MA 01460

Signing Officer

Name
Robert J Chrenc
Title
Trustee
Phone
7818589656
Signed
2017-01-30
Discuss with paid preparer
Yes

Preparer

Firm
Caryn M Feldman CPA Mst
Address
61 KINGS ROAD, CANTON, MA 02021
Preparer
Caryn Feldman
Phone
7818287460
Supplemental Narrative

Additional Explanations

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

Description: interest income. Amount: 1.

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

Activity classification: . Grantee name: littleton parks & recreation. Grantee address: 33 shattuck street littleton, ma 01460. Grantee relationship: none. Property description: cash. Date of gift: 11/30/16. Amount given: 9,000.

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

Activity classification: . Grantee name: the hoenshell children's trust. Grantee address: 6 turnpike road worker's credit union 6 turnpike road chelmsford, ma 01824. Grantee relationship: none. Property description: cash. Date of gift: 10/11/16. Amount given: 10,000.

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

Activity classification: . Grantee name: baystate financial charitable fund. Grantee address: 200 clarendon street, 19th floor boston, ma 02116. Grantee relationship: none. Property description: cash. Date of gift: 06/09/16. Amount given: 4,000. Total included on form 990-ez, line 10: 23,000.

Raw XML Appendix207 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: LITTLETON PARKS & RECREATION. GRANTEE ADDRESS: 33 SHATTUCK STREET LITTLETON, MA 01460. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 11/30/16. AMOUNT GIVEN: 9,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: THE HOENSHELL CHILDREN'S TRUST. GRANTEE ADDRESS: 6 TURNPIKE ROAD WORKER'S CREDIT UNION 6 TURNPIKE ROAD CHELMSFORD, MA 01824. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 10/11/16. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: . GRANTEE NAME: BAYSTATE FINANCIAL CHARITABLE FUND. GRANTEE ADDRESS: 200 CLARENDON STREET, 19TH FLOOR BOSTON, MA 02116. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 06/09/16. AMOUNT GIVEN: 4,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 23,000.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
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.
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