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Nonprofit · EIN 04-3237355

MASCONOMET REGIONAL SCHOLARSHIP

Tax-exempt · BOXFORD, MA 01921

Financials

$320K$194K2023$409K$252K2024$386K$279K2025
Revenue Expenses · by fiscal year end
Financials of MASCONOMET REGIONAL SCHOLARSHIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$385,754$279,437$106,317$2,381,024$252,084$2,128,940
June 30, 2025990$409,339$251,776$157,563$2,183,668$241,634$1,942,034
June 30, 2024990$320,371$194,229$126,142$1,850,631$185,700$1,664,931
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$193,560
Program service revenue
$0
Investment income
$184,934
Net gain from sales of assets
$129,308
Other revenue
$7,260

Expenses

Grants and similar amounts paid
$246,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,500
Program services (functional)
$246,500
Management and general (functional)
$32,937

Balance sheet and other

Total assets, start of year
$2,183,668
Total assets, end of year
$2,381,024
Total liabilities, end of year
$252,084
Net assets, end of year
$2,128,940
Publicly traded securities
$2,109,289
Net assets without donor restrictions
$61,796
Net assets with donor restrictions
$2,067,144
Gross receipts
$856,429
Employees
0
Volunteers
20
Year formed
1994
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
KATHERINE E DINARDOCHAIRPERSON
Trustee or director, Officer
2$0
JACQUELINE BOLDUCSECRETARY
Trustee or director, Officer
4$0
TIMOTHY F HAGANTREASURER
Trustee or director, Officer
4$0
JULIE DEMATTEISDIRECTOR
Trustee or director
1$0
KRISTY JENNINGSDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2025: 3 people
NameTitleHours / weekCompensation
KATHERINE DINARDOCHAIRPERSON
Trustee or director, Officer
2$0
JACQUELINE BOLDUCSECRETARY
Trustee or director, Officer
4$0
TIMOTHY F HAGANTREASURER
Trustee or director, Officer
4$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
KATHERINE DINARDOCHAIRPERSON
Trustee or director, Officer
2$0
JACQUELINE BOLDUCSECRETARY
Trustee or director, Officer
4$0
TIMOTHY F HAGANTREASURER
Trustee or director, Officer
4$0

Address and contacts

Address (IRS master file)
20 ENDICOTT RD, BOXFORD, MA 01921-2709
In care of
% RICHARD R DUSSAULT TREASURER
Principal officer (990 for 2025)
TIMOTHY F HAGAN, 15 MAIN STREET, TOPSFIELD, MA 01983
Signed the 990
TIMOTHY F HAGAN, TREASURER
Phone
(978) 887-2323
Return prepared by
BERNARD JOHNSON & COMPANY PC

Mission

FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL.

990 for the year ended June 30, 2026

Program accomplishments

  • SCHOLARSHIP PROGRAM - PROVIDES FINANCIAL AID TO GRADUATING HIGH SCHOOL STUDENTS PLANNING TO ATTEND COLLEGE. SCHOLARSHIPS ARE FUNDED BY INDIVIDUALS, COMMUNITY OGANIZATIONS, BUSINESSES, TOWNS AND PRIVATE FOUNDATIONS. CRITERIA USED TO SELECT RECIPIENTS INCLUDE ACADEMIC RECORD, TEST SCORES, EXTRA-CURRICULAR ACTIVITIES AND FINANCIAL NEED. ONE HUNDRED TWENTY-TWO (122) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2026.
    Expenses $246,500 · grants $246,500 · revenue $385,754

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3237355
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$2,381,024
Income (IRS master file)
$856,429

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$385,754$279,437$2,381,024XML
990June 2025$409,339$251,776$2,183,668XML
990June 2024$320,371$194,229$1,850,631XML
990June 2023$225,401$222,381$1,618,417IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3237355).

Questions about MASCONOMET REGIONAL SCHOLARSHIP

What is the EIN of MASCONOMET REGIONAL SCHOLARSHIP?
The employer identification number (EIN) of MASCONOMET REGIONAL SCHOLARSHIP is 04-3237355.
Is MASCONOMET REGIONAL SCHOLARSHIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to MASCONOMET REGIONAL SCHOLARSHIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MASCONOMET REGIONAL SCHOLARSHIP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MASCONOMET REGIONAL SCHOLARSHIP due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASCONOMET REGIONAL SCHOLARSHIP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of MASCONOMET REGIONAL SCHOLARSHIP?
The 990 for the year ended June 30, 2026 names TIMOTHY F HAGAN.
Who are the officers and directors of MASCONOMET REGIONAL SCHOLARSHIP?
The 990 for the year ended June 30, 2026 lists 5 people; 0 received compensation from the organization.
How much revenue does MASCONOMET REGIONAL SCHOLARSHIP have?
On its 990 for the year ended June 30, 2026 it reported revenue of $385,754, expenses of $279,437 and total assets of $2,381,024 at year end.

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