Newtown Scholarship Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 066059483 ✦ Newtown, CT ✦ Designated as a 501(c)(3)

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Overview

What is Newtown Scholarship Association Inc?

Newtown Scholarship Association Inc, based in Newtown, Connecticut, is a nonprofit organization dedicated to providing financial aid to deserving high school graduates from the town. With a mission to award scholarships to residents of Newtown, Connecticut, the association offers continuing aid through college. This support has benefited 106 individuals, as mentioned in the information provided. By granting these scholarships, the Newtown Scholarship Association Inc seeks to empower local students in their pursuit of higher education.


Official website here: www.newtownscholarship.org/

Is Newtown Scholarship Association Inc legitimate?

Newtown Scholarship Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newtown Scholarship Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newtownscholarship.org/

What is the mission statement of Newtown Scholarship Association Inc?

The Newtown Scholarship Association Inc's mission is centered around providing financial aid to students. Specifically, they grant scholarships to individuals who reside in the town of Newtown, Connecticut, at the time of their high school graduation. This financial assistance continues through their college education. The association has awarded scholarships to a total of 106 students who demonstrate a need for financial aid.


Official website here: www.newtownscholarship.org/

Who is the CEO of Newtown Scholarship Association Inc?

Azian Kearney is the Director of Newtown Scholarship Association Inc.


Official website here: www.newtownscholarship.org/

What is the revenue of Newtown Scholarship Association Inc?

Newtown Scholarship Association Inc's revenue in 2022 was $321,208.


Official website here: www.newtownscholarship.org/

Who are the executives of Newtown Scholarship Association Inc and what are their salaries?

There 30 volunteers at Newtown Scholarship Association Inc.


Here are 15 key members and their salaries:


Julie B Savino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Mccarthy (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri S Baggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Carlson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Kohler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Morlock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn A Bogdan Dds (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Osborne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rance Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Fetchik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Plunkett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Azian Kearney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newtownscholarship.org/

Where can I find the form 990 for Newtown Scholarship Association Inc?

Newtown Scholarship Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newtownscholarship.org/

Learn more at the official website: www.newtownscholarship.org/

Mission Statement of Newtown Scholarship Association Inc

The Newtown Scholarship Association Inc is an organization that is dedicated to providing financial aid to students residing in the town of Newtown, Connecticut. This nonprofit's mission, as stated, is to award scholarships to these students at the time of their high school graduation, with the commitment to continue providing support throughout their college education. The association has aided 106 individuals in this manner, demonstrating its commitment to helping local students overcome financial barriers and pursue higher education.

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Impact




October, 2024

The Newtown Scholarship Association Inc significantly impacts the educational aspirations of students in Newtown, Connecticut. By providing financial aid to local high school graduates, the association helps alleviate the burden of college expenses, making higher education more accessible for those who demonstrate financial need. With a history of awarding scholarships to 106 individuals, the association directly contributes to the academic achievements and futures of these students. This support not only benefits the recipients but also enriches the community by fostering a culture of education and empowerment among its residents. As students pursue their college degrees with the aid of these scholarships, the association plays a critical role in promoting lifelong learning and helping shape the future leaders of the town.




This information is meant to be a general summary of Newtown Scholarship Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$321,208 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Expenses
$303,580 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$15,681
  • Gross Receipts: $1,185,109

Assets and Liabilities:

  • Total Assets: $1,595,773
  • Total Liabilities: $0
  • Net Assets: $1,595,773

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Organization Details

Founding Year

1937

Principal Officer

Azian Kearney

Main Address

PO Box 302, Newtown, CT, 064700302

NTEE Category

Code: B82 - Education

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