Zita Charitable Trust
- Assets
- $25.5m
- Revenue
- $1.6m
- Investments
- $16.8m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 20-5177582
Organization Overview
Zita Charitable Trust is located in Shreveport, LA. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Zita Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Zita Charitable Trust generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Jpmorgan Chase Bank Na Trustee | 2 | $18,764 | |
Argent Trust Company Trustee | 2 | $40,577 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $875,109 |
| Interest on Savings | $0 |
| Dividends & Interest | $576,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $186,893 |
| Capital Gain Net Income | $488,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,638,446 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,021 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,677 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,964 |
| Total operating and administrative expenses | $163,587 |
| Contributions, gifts, grants paid | $933,775 |
| Total expenses and disbursements | $1,097,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,278,564 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,378,873 |
| Total assets | $25,504,358 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Zita Charitable Trust has awarded $933,775 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF NORTH LOUISIANA PURPOSE: CHARITABLE | $50,000 |
HOLY ANGELS RESIDENTIAL FACILITY PURPOSE: CHARITABLE | $883,775 |