Nonprofits›Merrimac Heights Academy Inc

Education

Merrimac Heights Academy Inc

MERRIMAC, MA

Website

Total revenue

$2.4M

Total expenses

$1.8M

Net assets

$2.6M

Grants received

$62K

10 grants

EIN

364760914

Tax year

2024

Mission

To provide secondary and post-secondary education including career- technical training; to ensure successful transition into employment; to increase propensity

Financials

FY 2024

Revenue

Contributions & grants$6K
Program service revenue$2.3M
Investment income$75K
Other revenue$29K
Total revenue$2.4M

Expenses

Grants paid—
Salaries & benefits$1.4M
Fundraising—
Other expenses$396K
Total expenses$1.8M
Total assets$3.6M
Net assets$2.6M

People

9 listed

NameRoleCompensation

LYGIA SOARES

EXECUTIVE DI

Board

$175K

40 hrs/wk

CHRIS FISHER

BOARD MEMBER

Board

—

2 hrs/wk

MATT HOLIAN

PRESIDENT

Board

—

2 hrs/wk

KEN LYNCH

BOARD MEMBER

Board

—

2 hrs/wk

JIM MAJOR

BOARD MEMBER

Board

—

2 hrs/wk

BERNICE PIERCE

SECRETARY

Board

—

2 hrs/wk

MIKE SANBORN

BOARD MEMBER

Board

—

2 hrs/wk

MAX LA GUERRE

TREASURER

Board

—

2 hrs/wk

KRISTIN MCCAULEY

BOARD MEMBER

Board

—

2 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
WEBER FAMILY FOUNDATION
$10K
To provide students with essential life skills training and an individualized college and career readiness education using an experiential and project-based learning approach in a nurturing and personalized environment.
2024
WEBER FAMILY FOUNDATION
$10K
To provide students with essential life skills training and an individualized college and career readiness education using an experiential and project-based learning approach in a nurturing and personalized environment.
2023
Salem Community Benefit Inc
$10K
General Operating Support
2023
Salem Community Benefit Inc
$15K
General Operating Support
2022
WEBER FAMILY FOUNDATION
$8K
To provide students with essential life skills training and an individualized college and career readiness education using an experiential and project-based learning approach in a nurturing and personalized environment.
2022
SALEM FIVE CHARITABLE FOUNDATION INC
$1K
EXEMPT PURPOSES
2022
Salem Community Benefit Inc
$3K
General Operating Support
2021
SALEM FIVE CHARITABLE FOUNDATION INC
$1K
EXEMPT PURPOSES
2021
Salem Community Benefit Inc
$3K
To support the numerous additional expenses that will be required to support safety protocols while also fulfilling the academy's mission to their students.
2020
Institution for Savings in Newburyport &
$3K
EXEMPT PURPOSE
2020

Funded by

$62K from 4 funders · 10 grants · 2020–2024

Salem Community Benefit Inc

$30K · 4 grants · 2020–2023

Weber Family Foundation

$28K · 3 grants · 2022–2024

Salem Five Charitable Foundation Inc

$2K · 2 grants · 2021–2022

Details

EIN364760914
NTEE codeB99
Subsection03
Ruling date2014-06
Formed2013
Employees22
MERRIMAC HEIGHTS ACADEMY INC — Mission, Financials & Grants Received | Grantivo