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MISSION

The organization will award scholarships to Marblehead High School students based upon accomplishments including but not limited to arts, sports and academics.

 FORM 1023-EZ for STERNYS WAY INC

DEMOGRAPHIC

ADDRESS
20 SEAVIEW AVE
01945
COUNTY
essex county, MA
IN CARE OF NAME
DANIEL BROTHERS

ORGANIZATIONAL OVERVIEW & RANKINGS

STERNYS WAY INC is a based in MARBLEHEAD, MA, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in July 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $57,989.00, this ranks 558,918 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 17,974 out of 58,562 organizations in MA (Top 31%).

In essex county, MA, the organization ranks 1,742 out of 5,801 nonprofits by assets (Top 31%), while locally in marblehead, it stands at 93 among 260 organizations (Top 31%).

The organization reported annual revenue of $5,313.00, ranking 604,494 nationally (Top 23%) and 19,347 in MA (Top 34%).

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, STERNYS WAY INC ranks 7,218 in assets (Top 23%) and 6,168 in revenue (Top 20%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2024
ACCOUNTING PERIOD
06
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$5,313.00
FORM 990 REVENUE AMOUNT
$5,313.00
RULING DATE
07/2019
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$57,989.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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