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EIN 04-3165556

The Nantucket Education Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Nantucket
State
Massachusetts
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
B90: Educational Services
Description
The Nantucket Education Trust's mission encompasses generating private support for public education, fostering partnerships that benefit Nantucket Public School children, and honoring excellence in teaching. It provides educational programs such as purchasing equipment, paying salaries, grants for teachers, sponsoring lectures and seminars, participating in satellite programs coordinated by the school system. Additionally, it builds and maintains 12 rental housing units for the benefit of teachers and school staff.
Total revenues
$309,647
2023
Total expenses
$248,492
2023
Total assets
$2,632,062
2023
Num. employees
0
2023

Program areas at The Nantucket Education Trust

Build and maintain 12 rental housing units for The benefit of teachers and school staff.
Provide educational programs in The Nantucket public school system including purchase of equipment, payment of salaries & grants for teachers, sponsorship of lectures, seminars and workshops, and participation in The satellite programs coordinated by The school.

Grants made by The Nantucket Education Trust

GranteeGrant descriptionAmount
Our House NantucketClassroom and Extracurricular Projects$6,500

Who funds The Nantucket Education Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation for NantucketEducation$69,628
Rockland Trust - Blue Hills Charitable FoundationExempt Purpose$2,500

Personnel at The Nantucket Education Trust

NameTitleCompensation
John RiccioTreasurer$0
Alicia GraziadeiDirector$0
Elizabeth HallettVice President$0
Anthony FoxDirector$0
Tracy NicholsClerk$0
...and 7 more key personnel

Financials for The Nantucket Education Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,210
Program services$304,274
Investment income and dividends$19,746
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-15,583
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$309,647

Form 990s for The Nantucket Education Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-02990View PDF
2022-122023-05-03990View PDF
2021-122022-04-19990View PDF
2020-122021-05-21990View PDF
2019-122020-09-16990View PDF
...and 11 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 2 new grant, including a grant for $69,628 from Community Foundation for Nantucket
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 4 new personnel
June 25, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 3163
Nantucket, MA 02584
County
Nantucket County, MA
Website URL
nantucketeducationtrust.org/ 
Phone
(508) 228-7285
IRS details
EIN
04-3165556
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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