Lola B Nuse 2 45804 Nect
- Assets
- $784.2k
- Revenue
- $63.6k
- Investments
- $742.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 23-6201218
Organization Overview
Lola B Nuse 2 45804 Nect is located in Pittsburgh, PA. The organization was established in 2006. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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.
For the year ending 12/2023, Lola B Nuse 2 45804 Nect generated $63.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $52.7k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 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.
Since 2015, Lola B Nuse 2 45804 Nect has awarded 30 individual grants totaling $390,218. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,438 |
| Capital Gain Net Income | $41,438 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $271 |
| Total Revenue | $63,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,981 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $616 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,597 |
| Contributions, gifts, grants paid | $42,083 |
| Total expenses and disbursements | $52,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,319 |
| 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 | $742,854 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $784,173 |
| 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, Lola B Nuse 2 45804 Nect has awarded $42,083 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TITUSVILLE AREA HEALTH CENTER PURPOSE: GENERAL SUPPORT | $10,521 |
ASSOCIATED CHARITIES OF TITUSVILLE PURPOSE: GENERAL SUPPORT | $10,521 |
FIRST UNITED PRESBYTERIAN CHURCH PURPOSE: GENERAL SUPPORT | $21,041 |