Casque & Gauntlet Trust
- Assets
- $521.2k
- Revenue
- $126.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 04/1973
- Data as of
- 08/2023
- EIN
- 02-0306381
Organization Overview
Casque & Gauntlet Trust is located in Hanover, NH. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casque & Gauntlet Trust is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2023, Casque & Gauntlet Trust generated $126.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $155.6k during the year ending 08/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION, IN SUPPORT OF A 501 (C) (3) COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THIS FISCAL YEAR (AS WAS THE CASE LAST YEAR), THE TRUST HAD NEITHER SUFFICIENT RESOURCES TO INVEST NOR SPECIFIC MISSION-RELATED OPPORTUNITIES AND INSTEAD FOCUSED ON SURVIVAL AND PLANNING. AS BACKGROUND, IN JULY 2020, IN ORDER TO AVOID IMMEDIATE INSOLVENCY, THE TRUST COMPLETED A LEASE ON ITS PRIMARY ASSET, ITS 1 SOUTH MAIN ST PROPERTY, TO DARTMOUTH COLLEGE. IN DECEMBER 2020, THE CASQUE AND GAUNTLET, INC. THE ENTITY FOR WHICH THE TRUST HAD HISTORICALLY PROVIDED PROGRAMMATIC SUPPORT, MADE THE LINKED DECISIONS TO MOVE TOWARD DISSOLUTION AND TO SPONSOR TWO NEW ENTITIES, EACH BUILDING ON A SEPARATE ASPECT OF THE CORPORATION'S MISSION. BASED ON THESE REALITIES, DURING THIS FISCAL YEAR THE TRUST CONTINUED ITS EFFORTS TO A) IMPROVE ITS BALANCE SHEET TO ENABLE NEAR-TERM SURVIVAL AND B) MOVE FORWARD A PROCESS TO DETERMINE THE BEST WAY TO MEET ITS OWN MISSION GIVEN THE CHANGES AND CHALLENGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Walsh Treasurer | Officer | 2 | $0 |
Edwin M Kania Trustee | Trustee | 2 | $0 |
James W Stein Trustee | Trustee | 0.5 | $0 |
Frederick H Stephens Jr Trustee | Trustee | 0.5 | $0 |
David M Tillinghast Trustee | Trustee | 0.5 | $0 |
Thomas J Tomai Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,929 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,504 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $155,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,804 |
| Savings and temporary cash investments | $118,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $393,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $521,190 |
| Accounts payable and accrued expenses | $21,100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,100 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $500,090 |
| Total liabilities and net assets/fund balances | $521,190 |