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Nonprofit · EIN 06-6058295

THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC

Tax-exempt · LITCHFIELD, CT 06759

Financials

$824K$481K2023$1M$542K2024
Revenue Expenses · by fiscal year end
Financials of THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$1,012,655$542,068$470,587$10,092,598$0$10,092,598
June 30, 2024990$823,838$480,960$342,878$9,509,329$0$9,509,329
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$18,633
Dividends
$243,671
Interest
$21
Net gain from sales of assets
$750,330

Expenses

Grants and similar amounts paid
$475,550
Disbursements for charitable purposes
$475,875
Excise tax on investment income
$13,324

Balance sheet and other

Total assets, start of year
$9,509,330
Total assets, end of year
$10,092,598
Total liabilities, end of year
$0
Net assets, end of year
$10,092,598
Fair market value of assets
$10,092,598
Qualifying distributions
$475,875
Net investment income
$994,022

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-PF for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
F ROBERT PETRICONE
50 EAST CHESTNUT HILL RD, LITCHFIELD, CT 06759
PRESIDENT0.5$0
PHILIP G SAMPONARO
PO BOX 245 180 NORTH STREET, LITCHFIELD, CT 06759
TREASURER1$0
SUSAN O KENNEDY
PO BOX 1426 266 NORFOLK RD, LITCHFIELD, CT 06759
CORRESPONDIN0.5$0
ROBERTA ANDRULIS METTE
174 SOUTH LAKE STREET, LIRTCHFIELD, CT 06759
VICE PREDIDE0.5$0
LOUIS DONNE
134 MILL LANE, TORRINGTON, CT 06790
SECRETARY0.01$0
GARY P WAUGH
66 EAST CHESTNUT HILL RD, LITCHFIELD, CT 06759
DIRECTOR0.01$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
F ROBERT PETRICONEPRESIDENT
Trustee or director, Officer
–$0
PHILIP G SAMPONAROTREASURER
Trustee or director, Officer
–$0
SUSAN O KENNEDYCORRESPONDIN
Trustee or director, Officer
–$0
ROBERTA ANDRULIS METTESECRETARY
Trustee or director, Officer
–$0
GARY P WAUGHDIRECTOR
Trustee or director
–$0
LOUIS DONNEDIRECTOR
Trustee or director
–$0
CHRISTOPHER LEONEDIRECTOR
Trustee or director
–$0
MICHAEL PASCENTODIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 652, LITCHFIELD, CT 06759-0652
Signed the 990-PF
PHILIP G SAMPONARO, TREASURER
Phone
(860) 567-0565
Return prepared by
CHARLES HEAVEN & CO CPA'S

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
06-6058295
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1959
Accounting year ends
June
Files
Form 990-PF
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$10,092,598
Income (IRS master file)
$3,162,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$1,012,655$542,068$10,092,598IRS
990June 2024$823,838$480,960$9,509,329XML
990June 2023$860,389$487,121$8,711,044IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 06-6058295).

Questions about THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC

What is the EIN of THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC?
The employer identification number (EIN) of THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC is 06-6058295.
Is THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC 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 THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC?
The 990-PF for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does THE LITCHFIELD SCHOLARSHIP ASSOCIATION INC have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $1,012,655, expenses of $542,068 and total assets of $10,092,598 at year end.

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