Cohasset Local Education Foundation

EIN: 043160688 501(c)(3) Philanthropy & Grantmaking

Cohasset, MA

Total Revenue
$118,115
Total Expenses
$185,438
Total Assets
$1,392,159
Net Assets
$1,392,159
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MA
Phone
7817181944
Tax Period
2024-07-01 to 2025-06-30

Cohasset Local Education Foundation, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $118K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $185K exceeded revenue, resulting in a 57% operating deficit.

Mission

The Cohasset Local Education Foundation. Ltd operates for the primary purpose to promote academic excellence in the public schools by identifying projects beyond the scope of the traditional school budget and by supporting those projects through a variety of fundraising efforts.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $68,817
Program Service Revenue $0
Investment Income $27,063
Other Revenue $22,235
TOTAL REVENUE $118,115

Expense Breakdown

Grants Paid $156,611
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156,611
Other Expenses $28,827
TOTAL EXPENSES $185,438

Year-over-Year Comparison

2024 2023 Change
Revenue $118,115 $193,884 -0.4%
Expenses $185,438 $135,981 +0.4%
Net Income $-67,323 $57,903 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Neil Davis Director 1.00
Director
$0 $0 $0
Courtney Heald Director 1.00
Director
$0 $0 $0
Rachel Lorimer Secretary 3.00
Officer Director
$0 $0 $0
Susie Stockwell Director 1.00
Director
$0 $0 $0
Josh Bock Director 1.00
Director
$0 $0 $0
Julie Blanchard President 3.00
Officer Director
$0 $0 $0
Abbey Pannozzo Director 1.00
Director
$0 $0 $0
Marina Gustafson Treasurer 3.00
Officer Director
$0 $0 $0
Abby Greco Director 1.00
Director
$0 $0 $0
Dyane O'Leary Vice President 3.00
Officer Director
$0 $0 $0
Windy Jansen Director 1.00
Director
$0 $0 $0
Jessie Younker Director 1.00
Director
$0 $0 $0
Lauren Donahue Director 1.00
Director
$0 $0 $0
Colin Koch Director 1.00
Director
$0 $0 $0
Adam Manoli Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $118,115 $185,438 $1,392,159 $-67,323
2024 $193,884 $135,981 $1,355,436 $57,903
2023 $163,004 $202,208 $1,206,907 $-39,204
2022 $126,438 $59,213 $1,200,736 $67,225
2021 $269,880 $147,010 $1,401,352 $122,870
2020 $157,221 $57,764 $1,162,345 $99,457
2019 $179,010 $105,869 $1,064,925 $73,141
2018 $184,087 $170,477 $992,494 $13,610
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