Form 990 for tax year 2023
Filed by BLESSED STEPHEN BELLESINI O S A ACADEMY INC.
Totals
- Total revenue
- $1,920,494
- Total expenses
- $2,202,035
- Contributions and grants received
- $1,451,108
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $367
- Other revenue
- $469,019
- Total assets, end of year
- $3,749,180
- Total liabilities, end of year
- $324,922
- Net assets or fund balances, end of year
- $3,424,258
- Program services expenses (Part IX)
- $1,890,539
- Management and general expenses
- $69,112
- Fundraising expenses
- $242,384
- Program service expenses (Part III)
- $1,890,539
Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,451,108
-
3 · Investment income
total $367 · related or exempt $367
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Grant Support
total $469,019 · related or exempt $469,019
-
11e · Other revenue, total
$469,019
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $632,474 · program services $516,340 · management and general $24,139 · fundraising $91,995
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $86,443 · program services $68,904 · management and general $3,646 · fundraising $13,893
-
10 · Payroll taxes
total $538,913 · program services $429,568 · management and general $22,726 · fundraising $86,619
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $8,864 · program services $4,432 · management and general $2,659 · fundraising $1,773
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $350 · program services $350
-
13 · Office expenses
total $23,906 · program services $12,420 · management and general $1,812 · fundraising $9,674
-
14 · Information technology
total $18,590 · program services $17,332 · management and general $629 · fundraising $629
-
15 · Royalties
total $0
-
16 · Occupancy
total $126,327 · program services $117,479 · management and general $4,424 · fundraising $4,424
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $643 · management and general $643
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $147,526 · program services $132,774 · management and general $7,376 · fundraising $7,376
-
23 · Insurance
total $0
-
24a · Other expenses: EANS SERVICES
total $460,553 · program services $460,553
-
24b · Other expenses: STUDENT EVENTS/PROGRAMS
total $92,921 · program services $92,921
-
24c · Other expenses: FUNDRAISING
total $22,892 · fundraising $22,892
-
24d · Other expenses: OTHER
total $22,324 · program services $18,789 · management and general $742 · fundraising $2,793
-
24e · All other expenses
total $19,309 · program services $18,677 · management and general $316 · fundraising $316
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $911,611 · end of year $464,045
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $213,984 · end of year $208,500
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,937 · end of year $1,937
-
10a · Land, buildings and equipment: cost or other basis
$5,320,064
-
10b · Land, buildings and equipment: accumulated depreciation
$2,245,366
-
10c · Land, buildings and equipment, net
beginning of year $3,183,879 · end of year $3,074,698
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $168,505 · end of year $100,717
-
24 · Unsecured notes and loans payable
beginning of year $293,768 · end of year $224,205
-
27 · Net assets without donor restrictions
beginning of year $2,645,242 · end of year $2,295,844
-
28 · Net assets with donor restrictions
beginning of year $1,203,896 · end of year $1,128,414
Mission and programs · 2023
Mission
TO PROVIDE A QUALITY SCHOLARSHIP EDUCATION TO BOYS AND GIRLS FROM LIMITED FINANCIAL MEANS LIVING IN LAWRENCE
-
TO PROVIDE A QUALITY SCHOLARSHIP EDUCATION TO BOYS AND GIRLS FROM LIMITED FINANCIAL MEANS LIVING IN LAWRENCE
Expenses $1,890,539
As filed on the 2023 return.
Listed in Part VII
-
Joseph AgostoJOSEPH AGOSTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Ajita BhatAJITA BHAT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Firdaus BhathenaFIRDAUS BHATHENA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Don BulensDON BULENS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Jocelyn CascioJOCELYN CASCIO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Lynette CavenaughLYNETTE CAVENAUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Larry DubeLARRY DUBE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Justin DecheneJUSTIN DECHENE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Travis DrouinTRAVIS DROUIN
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Susan EliasenSUSAN ELIASEN
SECRETARY/CLERK
- Total calculated
- $0
- Hours/week
- 0
-
Richard FeldmanRICHARD FELDMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Joanne HarderJOANNE HARDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Ed HardimanED HARDIMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Mitzi LawlorMITZI LAWLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
David McGrathDAVID MCGRATH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Lillian MillerLILLIAN MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Sarah PendletonSARAH PENDLETON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
John SchutzJOHN SCHUTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Sheila SerraoSHEILA SERRAO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501359349311425
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