Nonprofit · EIN 37-1775440
PROSPECT HILL COMMUNITY FOUNDATION INC
Tax-exempt · WALTHAM, MA 02451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $33,881 | $40,900 | -$7,019 | $33,701 | $0 | $33,701 |
| June 30, 2024 | 990-EZ | $52,296 | $41,329 | $10,967 | $40,720 | $0 | $40,720 |
| June 30, 2023 | 990-EZ | $56,275 | $47,712 | $8,563 | $29,752 | $0 | $29,752 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,881
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $34,078
- Other expenses
- $6,822
- Program services (functional)
- $40,900
Balance sheet and other
- Total assets, start of year
- $40,720
- Total assets, end of year
- $33,701
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,701
- Cash, savings and investments
- $31,868
- Gross receipts
- $33,881
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rachel Palumbo | President | 4 | $0 |
| Alli Criscenzo | Vice President | 4 | $0 |
| Tony Thein | Treasurer | 4 | $0 |
| Herlyne Das | Clerk | 4 | $0 |
| Sarah Johnson | Board Member | 2 | $0 |
| Annabelle Surrey | Board Member | 2 | $0 |
| Tina Touri | Board Member | 2 | $0 |
| Dawn Pawlowski | Board Member | 2 | $0 |
| Emmy Mathis | Board Member | 2 | $0 |
| Matthew Bernstein | Board Member | 2 | $0 |
| Charlie Deichman | Board Member | 2 | $0 |
| Denise Newton | Advisor | 2 | $0 |
| Brian Shea | Advisor | 2 | $0 |
990-EZ for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rachel Palumbo | President | 4 | $0 |
| Alli Criscenzo | Vice President | 4 | $0 |
| Tony Thein | Treasurer | 4 | $0 |
| Lee Wilson | Clerk | 4 | $0 |
| Sarah Johnson | Board Member | 2 | $0 |
| Dawn Pawlowski | Board Member | 2 | $0 |
| Tina Touri | Board Member | 2 | $0 |
| Maya London | Board Member | 2 | $0 |
| Herlyne Das | Board Member | 2 | $0 |
| Emmy Mathis | Board Member | 2 | $0 |
| Matthew Bernstein | Board Member | 2 | $0 |
| Charlie Deichman | Board Member | 2 | $0 |
| Denise Newton | Advisor | 2 | $0 |
| Brian Shea | Advisor | 2 | $0 |
990-EZ for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rachel Palumbo | President | 4 | $0 |
| Alli Criscenzo | Vice President | 4 | $0 |
| Lee Wilson | Treasurer | 4 | $0 |
| Sarah Johnson | Clerk | 4 | $0 |
| Ryan Schwartz | Board Member | 2 | $0 |
| Dawn Pawlowski | Board Member | 2 | $0 |
| Tina Touri | Board Member | 2 | $0 |
| Bria Milbery | Board Member | 2 | $0 |
| Brian Quigley | Board Member | 2 | $0 |
| Maya London | Board Member | 2 | $0 |
| Herlyne Das | Board Member | 2 | $0 |
| Emmy Mathis | Board Member | 2 | $0 |
| Jillian Eglitis | Board Member | 2 | $0 |
| Denise Newton | Advisor | 2 | $0 |
| Brian Shea | Advisor | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 44 HANSEN RD, WALTHAM, MA 02451-3648
- In care of
- % SCOTT MORENCY
- Signed the 990-EZ
- Tony Thein, Treasurer
- Phone
- (570) 490-6027
- Website
- prospecthillcf.org
Mission
The organization's primary exempt purpose as stated in the corporation's article of incorporation under Article II, the purpose of the corporation is to engage in the following activities: to promote healthy and production interaction among members of Prospect Hill Terrace and surrounding communities, to provide useful strategies, tools, resources, and means for the residents of Prospect Hill Terrace and the Greater Waltham Community to success in life, to act as a liaison between the residents and local government and authorities, to provide a central location for the residents to gather and meet to organize activities on and off site, to guide the residents in moving forward in society and being good citizens in the Waltham community, and to do all things necessary, proper, incidental, and pertinent to said purpose and other related purposes.
Program accomplishments
- Afterschool Program - the organization coordinates and manages an afterschool program dedicated to mentoring and tutoring students in grades K-7; 30+ benefittedExpenses $5,849
- Teen Center Program - the organization manages and coordinates a teen program dedicated to helping young adults conquer academic deficiencies, embrace opportunities, set goals and standards, and succeed through life's hardships; 5+ benefittedExpenses $35,051
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 37-1775440
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $33,701
- Income (IRS master file)
- $33,881
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $33,881 | $40,900 | $33,701 | IRS |
| 990-EZ | June 2024 | $52,296 | $41,329 | $40,720 | IRS |
| 990-EZ | June 2023 | $56,275 | $47,712 | $29,752 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | 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 37-1775440).
Questions about PROSPECT HILL COMMUNITY FOUNDATION INC
- What is the EIN of PROSPECT HILL COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of PROSPECT HILL COMMUNITY FOUNDATION INC is 37-1775440.
- Is PROSPECT HILL COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PROSPECT HILL COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROSPECT HILL COMMUNITY FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PROSPECT HILL COMMUNITY FOUNDATION 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 PROSPECT HILL COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of PROSPECT HILL COMMUNITY FOUNDATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does PROSPECT HILL COMMUNITY FOUNDATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $33,881, expenses of $40,900 and total assets of $33,701 at year end.
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