Oak Point Homeowners Scholarship Fund Inc
Nonprofit profile at a glance
- EIN
- 853931003
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Middleboro, MA, USA
- Phone
- 7742139968
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $83,984
- Expenses
- $65,947
- Assets
- $177,742
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- John Burbage (President)
- Scott Baptista (Vice President)
People named in this filing
- John Burbage (President)
- Cathleen Shachoy (Secretary)
- Linda Lorusso (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our 55+ community raises funds through events held both on premises and in the Middleboro community to provide scholarships and tool ships to Middleboro students graduating from Middleboro High School, Bristol Plymouth Regional Technical School and now also Bristol County Agricultural High School.
What it reported doing in 2025
Five Middleborough Class of 2024 graduates received scholarships totaling $12,000 to attend Bridgewater State University in Bridgewater, MA. Two scholarships were in the amount of $3,000, one was for $2,500, one was for $2,000 and the other was in the amount of $1,500. The funds were remitted to the student accounts once their first semester transcript was received.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.3%; rating input score 76
- Program expense ratio: 96.3%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.5%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 85.2% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 19.2% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 76.3% of revenue deployed · 96.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $64K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Officer compensation ratio scored 56/100.