Civic Intelligence

William'S Fund Incorporated

EIN 83-2770046 • 501(c)3 • Marion, MA

Pub. 78 Eligible990-N Coverage

Profile

The williams fund was started by a teacher at old rochester regional high school in mattapoisett, ma to meet varying needs of students. Because teachers are often aware of unmet needs, the fund was established to provide confidential financial support to high school students. The needs are identified by the school social workers, the school nurse, administrators, faculty and staff. Most often the support is in the form of gift cards for groceries and clothing preceding the holidays as well as for unexpected crises. For example, funds have been provided to students (and families) for necessities such as student laptop repair, oil deliveries and blankets. Historically, the fund was very small, and monies came from concerned adults in school donating to a need as it arose. In 2021, the william's fund applied for and received 501(c)(3) status and the goal of more focused fundraising given the growing needs of students.

39 Lewis StreetMarion, MA 02738

williams.fund

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 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-1568%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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 2022

Asset Growth

22nd percentile

-42%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$35,458

Down $25,580 (-42%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$35,458

Down $25,580 (-42%) from 2021

Revenue

Down

$1,631

Down $75,349 (-98%) from 2021

Expenses

Up

$27,211

Up $11,269 (+71%) from 2021

Net Income

Down

-$25,580

Down $86,618 (-142%) from 2021

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $61,038Liabilities 2021: $0Net Assets 2021: $61,0382021Assets 2022: $35,458Liabilities 2022: $0Net Assets 2022: $35,4582022

Highlighted filing

2022

Assets$35,458
Liabilities$0
Net Assets$35,458

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $76,980Expenses 2021: $15,942Net Income 2021: $61,0382021Revenue 2022: $1,631Expenses 2022: $27,211Net Income 2022: -$25,5802022

Highlighted filing

2022

Revenue$1,631
Expenses$27,211
Net Income-$25,580

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,631
Mission and Program Overview

Mission

The williams fund was started by a teacher at old rochester regional high school in mattapoisett, ma to meet varying needs of students. Because teachers are often aware of unmet needs, the fund was established to provide confidential financial support to high school students. The needs are identified by the school social workers, the school nurse, administrators, faculty and staff. Most often the support is in the form of gift cards for groceries and clothing preceding the holidays as well as for unexpected crises. For example, funds have been provided to students (and families) for necessities such as student laptop repair, oil deliveries and blankets. Historically, the fund was very small, and monies came from concerned adults in school donating to a need as it arose. In 2021, the william's fund applied for and received 501(c)(3) status and the goal of more focused fundraising given the growing needs of students.

Program Services

DescriptionGrantsExpenses
THE FUND DISTRIBUTED $26,580 TO APPROXIMATELY 55 STUDENTS EXPERIENCING FINANCIAL HARDSHIP FOR GROCERIES, CLOTHING AND MISCELLANEOUS FEES RELATED TO HIGH SCHOOL,$26,580$26,580
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN HALLIGAN SRDirector-$0--
SHEILAH SULLIVANPresidentPT$0--
BRIDGET HALLIGANTreasurer-$0--
KEVIN HALLIGAN JRSecretary-$0--
Filing and Contact Details

Filer

Filer Name
WILLIAM'S FUND INCORPORATED
EIN
83-2770046
Phone
7813166119
Address
39 LEWIS STREET, MARION, MA 02738

Signing Officer

Name
Sheilah Sullivan
Title
President
Phone
7813166119
Signed
2023-06-12
Discuss with paid preparer
Yes

Preparer

Firm
Robert Goodman Pc
Address
1340 CENTRE STREET SUITE 200, NEWTON CENTER, MA 02459
Phone
6179644766
Supplemental Narrative

Additional Explanations

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

Activity classification: financial hardship grant. Grantee name: amounts given to over 50 students. Date of gift: various. Amount given: 26,580.

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

Description: accounting. Amount: 600. Description: bank charges. Amount: 31. Total to form 990-ez, line 16: 631.

Raw XML Appendix143 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/BooksInCareOfDetail/USAddress/CityNm0MARION
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHEILAH SULLIVAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE WILLIAMS FUND WAS STARTED BY A TEACHER AT OLD ROCHESTER REGIONAL HIGH SCHOOL IN MATTAPOISETT, MA TO MEET VARYING NEEDS OF STUDENTS. BECAUSE TEACHERS ARE OFTEN AWARE OF UNMET NEEDS, THE FUND WAS ESTABLISHED TO PROVIDE CONFIDENTIAL FINANCIAL SUPPORT TO HIGH SCHOOL STUDENTS. THE NEEDS ARE IDENTIFIED BY THE SCHOOL SOCIAL WORKERS, THE SCHOOL NURSE, ADMINISTRATORS, FACULTY AND STAFF. MOST OFTEN THE SUPPORT IS IN THE FORM OF GIFT CARDS FOR GROCERIES AND CLOTHING PRECEDING THE HOLIDAYS AS WELL AS FOR UNEXPECTED CRISES. FOR EXAMPLE, FUNDS HAVE BEEN PROVIDED TO STUDENTS (AND FAMILIES) FOR NECESSITIES SUCH AS STUDENT LAPTOP REPAIR, OIL DELIVERIES AND BLANKETS. HISTORICALLY, THE FUND WAS VERY SMALL, AND MONIES CAME FROM CONCERNED ADULTS IN SCHOOL DONATING TO A NEED AS IT AROSE. IN 2021, THE WILLIAM'S FUND APPLIED FOR AND RECEIVED 501(C)(3) STATUS AND THE GOAL OF MORE FOCUSED FUNDRAISING GIVEN THE GROWING NEEDS OF STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FUND DISTRIBUTED $26,580 TO APPROXIMATELY 55 STUDENTS EXPERIENCING FINANCIAL HARDSHIP FOR GROCERIES, CLOTHING AND MISCELLANEOUS FEES RELATED TO HIGH SCHOOL,
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: FINANCIAL HARDSHIP GRANT. GRANTEE NAME: AMOUNTS GIVEN TO OVER 50 STUDENTS. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 26,580.
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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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ReturnHeader/TaxPeriodBeginDt02022-01-01
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