ATTLEBORO SCHOLARSHIP FOUNDATION I

EIN: 046037301 501(c)(3) Education

ATTLEBORO, MA

Total Revenue
$1,019,632
Total Expenses
$764,559
Total Assets
$7,005,717
Net Assets
$7,000,595
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
MA
Principal Officer
SCOTT SMITH
Phone
5082264414
Tax Period
2023-10-01 to 2024-09-30

ATTLEBORO SCHOLARSHIP FOUNDATION I, founded in 1947, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $255K, a strong 25% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS THAT NO QUALIFIED ATTLEBORO GRADUATE OF ANY HIGH SCHOOL BE DENIED THE ADVANTAGE OF A HIGHER EDUCATION DUE TO FINANCIAL NEED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $645,089
Program Service Revenue $0
Investment Income $366,543
Other Revenue $8,000
TOTAL REVENUE $1,019,632

Expense Breakdown

Grants Paid $548,725
Salaries & Benefits $141,556
Fundraising Expenses $7,793
Program Expenses $698,312
Other Expenses $74,278
TOTAL EXPENSES $764,559

Year-over-Year Comparison

2023 2022 Change
Revenue $1,019,632 $561,647 +0.8%
Expenses $764,559 $668,553 +0.1%
Net Income $255,073 $-106,906 -3.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
14
Employees
3
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
6
$111,426
Total Directors
12
$46,426
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL VIEIRA EFF 10124 EXECUTIVE DI 32.00
Officer
$65,000 $0 $65,000
WENDY HOLT ED THRU 10124 SECRETARY/EX 32.00
Officer Director
$46,426 $0 $46,426
DAVID BENNETT DIRECTOR 0.10
Director
$0 $0 $0
DANIEL BLAKE DIRECTOR 0.10
Director
$0 $0 $0
RAY DICIACCIO DIRECTOR 0.10
Director
$0 $0 $0
ROBERT GAY DIRECTOR 0.10
Director
$0 $0 $0
MALCOLM GIVENS 1ST VICE PRE 0.10
Officer Director
$0 $0 $0
KATHLEEN LALLIER DIRECTOR 0.10
Director
$0 $0 $0
ANDREW LARSON DIRECTOR 0.10
Director
$0 $0 $0
BONNIE MOORE PRESIDENT 0.10
Officer Director
$0 $0 $0
CHARLES W OLIVER ASST. TREASU 0.10
Officer Director
$0 $0 $0
EMILY PIANGERELLI DIRECTOR 0.10
Director
$0 $0 $0
PATRICIA RAMSAY DIRECTOR 0.10
Director
$0 $0 $0
SCOTT SMITH TREASURER 1.00
Officer
$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
2024 $1,019,632 $764,559 $7,005,717 $255,073
2023 $561,647 $668,553 $6,299,741 $-106,906
2022 $520,989 $688,902 $5,930,348 $-167,913
2021 $1,436,156 $657,200 $6,808,189 $778,956
2020 $890,854 $606,196 $6,391,727 $284,658
2019 $952,742 $657,272 $5,681,093 $295,470
2018 $696,915 $592,463 $5,514,092 $104,452
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ATTLEBORO SCHOLARSHIP FOUNDATION I with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.