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Nonprofit · EIN 04-6141360

QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND

Tax-exempt · QUINCY, MA 02170

Financials

$28K$13K2022$13K$29K2023$29K$26K2024
Revenue Expenses · by fiscal year end
Financials of QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$29,169$26,323$2,846$762,281$42,363$719,918
June 30, 2024990$13,405$29,393-$15,988$699,892$35,800$664,092
June 30, 2023990$27,803$12,507$15,296$638,454$17,300$621,154
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$29,169
Net gain from sales of assets
$11,031
Other revenue
$0

Expenses

Grants and similar amounts paid
$18,088
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$18,088
Management and general (functional)
$8,235

Balance sheet and other

Total assets, start of year
$699,892
Total assets, end of year
$762,281
Total liabilities, end of year
$42,363
Net assets, end of year
$719,918
Publicly traded securities
$715,867
Net assets without donor restrictions
$719,918
Gross receipts
$165,144
Employees
0
Year formed
1966
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
GAYLE CARVALLOPRESIDENT
Officer
–$0
SARAH ONOFRITREASURER
Officer
–$0
990 for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensation
GAYLE CARVALLOPRESIDENT
Officer
–$0
SARAH ONOFRITREASURER
Officer
–$0
990 for the year ended June 30, 2023: 2 people
NameTitleHours / weekCompensation
GAYLE CARVALLOPRESIDENT
Officer
–$0
SARAH ONOFRITREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
590 HANCOCK ST, QUINCY, MA 02170-1909
Mailing address (990-N for 2008)
590 Hancock St, Quincy MA 02170
Principal officer (990 for 2024)
GAYLE CARVALLO, 404 ADAMS STREET, MILTON, MA 02186
Principal officer (990-N for 2008)
Paul Phillips, 590 Hancock St, Quincy MA 02170
Signed the 990
SARAH ONOFRI, TREASURER
Phone
(617) 710-8715
Return prepared by
CULLEN MURPHY & CO PC

Mission

THE SCHOLARSHIP COMMITTEE OF THE QUINCY EDUCATION ASSCOCIATION CONSISTS OF TWELVE TEACHERS FROM QUINCY HIGH SCHOOL, N. QUINCY HIGH SCHOOL AND QUINCY VOCATIONAL-TECHNICAL SCHOOLS. AWARDS ARE MADE ONLY TO CAPABLE AND DESERVING STUDENTS TO FURTHER THEIR EDUCATION.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS OF QUINCY PUBLIC SCHOOLS
    Expenses $18,088 · grants $18,088
  • TO PROVIDE SCHOLARSHIPS TO GRADUATIONG SENIORS OF QUINCY PUBLIC SCHOOLS

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, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-6141360
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$762,281
Income (IRS master file)
$165,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$29,169$26,323$762,281XML
990June 2024$13,405$29,393$699,892IRS
990June 2023$27,803$12,507$638,454XML
990June 2022$35,086$35,680$593,512IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS
990-N for 2008
Officer: Paul Phillips
June 30, 2009≤ $50,000 receipts––e-Postcard

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 04-6141360).

Questions about QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND

What is the EIN of QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND?
The employer identification number (EIN) of QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND is 04-6141360.
Is QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND 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 QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND?
The 990 for the year ended June 30, 2025 names GAYLE CARVALLO.
Who are the officers and directors of QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND?
The 990 for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does QUINCY EDUCATION ASSOCIATION INC SCHOLARSHIP FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $29,169, expenses of $26,323 and total assets of $762,281 at year end.

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