2025-07-14T07:18:38-07:00 2025-06-30 043068663 BERNARD JOHNSON & COMPANY PC 15 MAIN STREET TOPSFIELD MA 01983 990 2024-07-01 043237355 MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC MASC 9788872323 20 ENDICOTT ROAD BOXFORD MA 019212709 TIMOTHY F HAGAN TREASURER 9788872323 2025-07-09 true true Timothy F Hagan CPA P00365820 9788872220 2025-07-14 2024 2025-03-06 01:10:19Z TIMOTHY F HAGAN 15 MAIN STREET TOPSFIELD MA 01983 949005 false X N/A X 1994 MA 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. 3 3 0 23 0 0 217651 317194 0 87320 89814 15400 2331 320371 409339 176400 229900 0 0 0 0 17829 21876 194229 251776 126142 157563 1850631 2183668 185700 241634 1664931 1942034 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. false false 229900 229900 409339 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-SEVEN (127) SCHOLARSHIPS WERE AWARDED IN THE FISCAL YEAR ENDED JUNE 30, 2025. 229900 true true false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false X 3 3 false false false false false false false true true false false true true true true false false false false false MA X JACQUELINE BOLDUC 9788872323 20 ENDICOTT ROAD BOXFORD MA 01921 X KATHERINE DINARDO CHAIRPERSON 2.00 X X 0 0 0 JACQUELINE BOLDUC SECRETARY 4.00 X X 0 0 0 TIMOTHY F HAGAN TREASURER 4.00 X X 0 0 0 false false false 317194 317194 39373 0 39373 590107 539666 50441 50441 0 0 50441 SCHOLARSHIP FORFEITURES 999999 2300 2300 0 0 31 31 0 0 2331 409339 2331 0 89814 229900 229900 3500 0 3500 0 16993 0 16993 0 FILING FEES 251 0 251 0 COMMITTEE EXPENSE 132 0 132 0 BAD DEBTS 1000 0 1000 0 251776 229900 21876 0 109498 132760 36007 36767 72250 58300 4608 7726 1628268 1948115 1850631 2183668 3500 4984 182200 236650 185700 241634 X 51878 53324 1613053 1888710 1664931 1942034 1850631 2183668 157563 119540 X X true X false false false X 0 114700 130931 137279 217651 317194 917755 0 0 114700 130931 137279 217651 317194 917755 399166 518589 28836 35513 33461 36276 39373 173459 0 15882 12513 21656 15400 2331 67782 1158996 0.44740 0.49130 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2020: 182. 2021: 13. 2022: 256. 2023: 0. 2024: 31. Description: SCHOLARSHIP FORFEITURES 2020: 15700. 2021: 12500. 2022: 21400. 2023: 15400. 2024: 2300. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1613053 1613053 1350319 118951 213533 69750 0 1613053 1262490 19079 138750 70000 0 1350319 1495140 29506 -193906 68250 0 1262490 1244734 17850 301806 69250 0 1495140 false false Pt V, Line 4 DONOR RESTRICTED NET ASSET FUNDS ARE USED TO SUPPORT PERPETUAL SCHOLARSHIP PAYMENTS true EDUCATIONAL, POST-SECONDARY SCHOLARSHIPS 127 229900 Pt I Line 2 THE FOUNDATION ISSUES SCHOLARSHIP PAYMENTS DIRECTLY TO THE ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION TO BE CREDITED TO THE STUDENTS ACCOUNT, OR IN THE CASE OF FOREIGN ENROLLMENT, DIRECTLY REIMBURSES THE STUDENT UPON RECEIPT OF DOCUMENTATION RELATED TO THE STUDENTS ENROLLMENT AND TUITION PAYMENT AT AN ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTION. Pt VI, Line 11b THE TREASURER REVIEWS THE FORM 990 PRIOR TO ITS FILING Pt VI, Line 12c CONFLICT OF INTEREST POLICY IS SIGNED AND ANY DISCLOSURES ARE RESOLVED AT THE EXECUTIVE BOARD LEVEL Pt VI, Line 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST Pt XII, Line 2c THE ANNUAL CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE