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Massachusetts · Nonprofit

FERREN MEMORIAL INC

FERREN MEMORIAL INC (Massachusetts) receives grants from 1 organization whose IRS filings report $18,000 to it, the largest being SHEA FAMILY FOUNDATION ($18,000). 1 of them have funded it in more than one year.

Revenue FY2024
$12k
Funders on record
1
Grants received
$18k
Net assets
$46k
1/1 repeat funderspeak grant-dependency 68%
01What it does

What Ferren Memorial Inc does

Mission

Organized to raise funds for awarding college scholarships and trade scholarships to high school graduates and also post college graduates

As stated on its FY2024 Form 990.

Program

  1. Ferren memorial hold typically two fund raising events each year. 1) golf tournament 2) martini tasting event

    $9,200 spent$25,526 earned by the program
    100% of program spending

The program described on its FY2022 Form 990. Program spending in total: $9,200.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12k) Expenses 100 ($4k) Net assets 100 ($22k)2020 Revenue 37 ($4k) Expenses 90 ($4k) Net assets 128 ($29k)2021 Revenue 262 ($31k) Expenses 277 ($12k) Net assets 217 ($48k)2022 Revenue 151 ($18k) Expenses 547 ($23k) Net assets 217 ($49k)2023 Revenue 126 ($15k) Expenses 312 ($13k) Net assets 226 ($51k)2024 Revenue 104 ($12k) Expenses 418 ($18k) Net assets 204 ($46k)
201720202021202220232024
Revenue (104)Expenses (418)Net assets (204)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $29k to $48k (+69%).

$22k
$29k
$48k
$49k
$51k
$46k
201720202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of FERREN MEMORIAL INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$8k
’17
$571
’20
$20k
’21
−$5k
’22
$2k
’23
−$5k
’24
31
months of
reserve
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income rose $3k → $15k.

Funder
'20
'21
total
funders
1
1

From the IRS filings of FERREN MEMORIAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FERREN MEMORIAL INC's grant income comes from Massachusetts funders.

MA

In-state vs out-of-state, by year

’20
’21
Massachusetts out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FERREN MEMORIAL INC is better cushioned than half of the 21,859 education nonprofits its size.

Operating margin−41% · bottom quartile
Months of reserve31.0mo · above the median
Revenue growth (annualized)1% · above the median

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Organizations like FERREN MEMORIAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for FERREN MEMORIAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FERREN MEMORIAL INC?
FERREN MEMORIAL INC (Massachusetts) receives grants from 1 organization whose IRS filings report $18,000 to it, the largest being SHEA FAMILY FOUNDATION ($18,000). 1 of them have funded it in more than one year.
How many funders does FERREN MEMORIAL INC have?
IRS filings report 1 organization giving $18,000 in grants to FERREN MEMORIAL INC, 1 of which have funded it in more than one year.
Who is the largest funder of FERREN MEMORIAL INC?
SHEA FAMILY FOUNDATION is the largest funder on record, with $18,000 in grants. The full list of funders is on this page.
How can an organization like FERREN MEMORIAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ferren Memorial →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing