NonprofitsNantucket Education Trust Inc

Nantucket Education Trust Inc

NANTUCKET, MA

Total revenue

$345K

Total expenses

$237K

Net assets

$1.1M

Grants received

$625K

10 grants

EIN

043165556

Tax year

2024

Mission

Nantucket education trust (net) is an autonomous organization with its own by-laws and board of directors. Rooted in a community distinguished by its unique history and setting, net's mission is: to enhance educational opportunities on the town of nantucket by mobilizing private sector resources and expertise; to foster alliances among business, community and school interests, and to serve as a catalyst for public and private partnerships that benefit education; to promote the exchange of ideas among island schools as well as those from other communities; to support programs that honor excellence in teaching and learning. Net continuously seeks new ways to support existing initiatives as well as explore strategies for promoting lasting, system-wide improvements. It is the organization's goal to tap new sources that can assist teachers and students, while concurrently implementing more effective school programs.

Programs

1 program

Provide educational programs in the nantucket public school system including the purchase of equipment and the issuance of grants to teachers and/or students, sponsorship of lectures, seminars, and workshops and participation in satellite programs coordinated by the system, but outside the scoop of its budget parameters.

Expenses: $29KGrants: $9K

Financials

FY 2024

Revenue

Contributions & grants$449
Program service revenue$320K
Investment income$24K
Other revenue
Total revenue$345K

Expenses

Grants paid$9K
Salaries & benefits$5K
Fundraising
Other expenses$223K
Total expenses$237K
Total assets$2.7M
Net assets$1.1M

People

9 listed

NameRoleCompensation

MARTIN ANGUELOV

DIRECTOR/BOOKKEEPER

Board

$5K

1 hrs/wk

HADLEY DUTRA

PRESIDENT

Board

1 hrs/wk

ELIZABETH HALLETT

VICE PRESIDENT

Board

1 hrs/wk

JOHN RICCIO

TREASURER

Board

1 hrs/wk

ALICIA GRAZIADEI

CLERK

Board

1 hrs/wk

MARIE LEMBERG

DIRECTOR

Board

1 hrs/wk

MEG BROWERS

DIRECTOR

Board

1 hrs/wk

SHANTAW BLOISE-MYRPHY

DIRECTOR

Board

1 hrs/wk

LAURA GALLAGHER-BYRNE

DIRECTOR

Board

1 hrs/wk

Independent contractors

BG CARPENTRY INC

CARPENTRY CONTRACTOR SERVICES

$250K

Grants received

Showing 10 of 10

Funded by

$625K from 3 funders · 10 grants · 2018–2024

Community Foundation For Nantucket

$619K · 7 grants · 2018–2024

Rockland Trust - Blue Hills Charitable

$5K · 2 grants · 2021–2022

Clara Foundation Inc

$225 · 1 grant · 2018

Details

EIN043165556
Subsection03
Ruling date1993-10
Formed1992
Employees0
Volunteers0
NANTUCKET EDUCATION TRUST INC — Mission, Financials & Grants Received | Grantivo