Nonprofit · EIN 23-7432493
MANCHESTER EDUCATION FUND INC 7 SUMMER ST
Tax-exempt · GLOUCESTER, MA 01930
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $121,169 | $81,217 | $39,952 | $855,042 | $0 | $855,042 |
| December 31, 2024 | 990 | $82,203 | $95,689 | -$13,486 | $815,446 | $0 | $815,446 |
| December 31, 2023 | 990 | $85,301 | $86,772 | -$1,471 | $827,622 | $0 | $827,622 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $75,025
- Program service revenue
- $0
- Investment income
- $46,144
- Net gain from sales of assets
- $20,902
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $72,108
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $900
- Program services (functional)
- $72,108
- Management and general (functional)
- $9,109
Balance sheet and other
- Total assets, start of year
- $815,446
- Total assets, end of year
- $855,042
- Total liabilities, end of year
- $0
- Net assets, end of year
- $855,042
- Publicly traded securities
- $727,518
- Gross receipts
- $380,734
- Employees
- 0
- Year formed
- 1988
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN H ABBOTT | DIRECTOR Trustee or director | – | $0 |
| LINDA CROSBY | DIRECTOR Trustee or director | – | $0 |
| JEFFREY JONES | DIRECTOR Trustee or director | – | $0 |
| BEVERLY LOW | DIRECTOR Trustee or director | – | $0 |
| ABBY LEVENDUSKY | DIRECTOR Trustee or director | – | $0 |
| TIMOTHY C AVERILL | DIRECTOR Trustee or director | – | $0 |
| TYLER VIRDEN | DIRECTOR Trustee or director | – | $0 |
| NICK DESHERBINEN | DIRECTOR Trustee or director | – | $0 |
| ANN CAMERON | DIRECTOR Trustee or director | – | $0 |
| CHRIS SHEA | DIRECTOR Trustee or director | – | $0 |
| E GAIL RAMOS | TREASURER I CLERK Officer | – | $0 |
| CAROLINE WELD | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN H ABBOTT | DIRECTOR Trustee or director | 1 | $0 |
| LINDA CROSBY | DIRECTOR Trustee or director | 1 | $0 |
| NANCY BACHMAN | CLERK AND DIRECTOR Trustee or director | 1 | $0 |
| RICHARD ANANIAN | – Trustee or director | 1 | $0 |
| SHARON MAGUIRE | – Trustee or director | 1 | $0 |
| TIMOTHY C AVERILL | DIRECTOR Trustee or director | 1 | $0 |
| KAREN M D'AMOUR | DIRECTOR Trustee or director | 1 | $0 |
| NICK DESHERBINEN | DIRECTOR Trustee or director | 1 | $0 |
| ANN CAMERON | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER WELD | DIRECTOR Trustee or director | 1 | $0 |
| DAVID SLADE | CLERK Trustee or director | 1 | $0 |
| NINA MCKINNON | DIRECTOR Trustee or director | 1 | $0 |
| ANN CAMERON | PRESIDENT Officer | 1 | $0 |
| E GAIL RAMOS | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN H ABBOTT | DIRECTOR Trustee or director | 1 | $0 |
| LINDA CROSBY | DIRECTOR Trustee or director | 1 | $0 |
| NANCY BACHMAN | CLERK AND DIRECTOR Trustee or director | 1 | $0 |
| RICHARD ANANIAN | – Trustee or director | 1 | $0 |
| SHARON MAGUIRE | – Trustee or director | 1 | $0 |
| TIMOTHY C AVERILL | DIRECTOR Trustee or director | 1 | $0 |
| KAREN M D'AMOUR | DIRECTOR Trustee or director | 1 | $0 |
| NICK DESHERBINEN | DIRECTOR Trustee or director | 1 | $0 |
| ANN CAMERON | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER WELD | DIRECTOR Trustee or director | 1 | $0 |
| DAVID SLADE | CLERK Trustee or director | 1 | $0 |
| NINA MCKINNON | DIRECTOR Trustee or director | 1 | $0 |
| ANN CAMERON | PRESIDENT Officer | 1 | $0 |
| E GAIL RAMOS | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 109 MAIN ST, GLOUCESTER, MA 01930-5701
- Signed the 990
- E GAIL RAMOS, TREASURER
- Phone
- (978) 283-7079
- Return prepared by
- DELOITTE TAX LLP
Mission
MAINTAINING A SCHOLARSHIP FUND FOR HIGH SCHOOL STUDENTS
Program accomplishments
- GRANTING OF SCHOLARSHIPS TO HIGH SCHOOL STUDENTS TO CONTINUE POST SECONDARY EDUCATIONExpenses $72,108
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7432493
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $855,042
- Income (IRS master file)
- $380,734
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $121,169 | $81,217 | $855,042 | IRS |
| 990 | December 2024 | $82,203 | $95,689 | $815,446 | XML |
| 990 | December 2023 | $85,301 | $86,772 | $827,622 | XML |
| 990 | December 2022 | $106,053 | $77,608 | $824,834 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-7432493).
Questions about MANCHESTER EDUCATION FUND INC 7 SUMMER ST
- What is the EIN of MANCHESTER EDUCATION FUND INC 7 SUMMER ST?
- The employer identification number (EIN) of MANCHESTER EDUCATION FUND INC 7 SUMMER ST is 23-7432493.
- Is MANCHESTER EDUCATION FUND INC 7 SUMMER ST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to MANCHESTER EDUCATION FUND INC 7 SUMMER ST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MANCHESTER EDUCATION FUND INC 7 SUMMER ST 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 MANCHESTER EDUCATION FUND INC 7 SUMMER ST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MANCHESTER EDUCATION FUND INC 7 SUMMER ST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of MANCHESTER EDUCATION FUND INC 7 SUMMER ST?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does MANCHESTER EDUCATION FUND INC 7 SUMMER ST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $121,169, expenses of $81,217 and total assets of $855,042 at year end.
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