Jacob C & Hazel B Platts The York Bank & Trust Co
- Assets
- $479.7k
- Revenue
- $25.4k
- Investments
- $483.9k
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 23-6795651
Organization Overview
Jacob C & Hazel B Platts The York Bank & Trust Co is located in Amherst, NY. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jacob C & Hazel B Platts The York Bank & Trust Co 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, Jacob C & Hazel B Platts The York Bank & Trust Co generated $25.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $51.1k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 7 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 2016, Jacob C & Hazel B Platts The York Bank & Trust Co has awarded 42 individual grants totaling $207,282. 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 | $11,062 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,324 |
| Capital Gain Net Income | $14,324 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,627 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,466 |
| Contributions, gifts, grants paid | $39,600 |
| Total expenses and disbursements | $51,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$4,700 |
| Savings and temporary cash investments | $460 |
| 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 | $0 |
| Total assets | $479,702 |
| 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, Jacob C & Hazel B Platts The York Bank & Trust Co has awarded $39,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: CHARITABLE PURPOSES | $6,600 |
THE SALVATION ARMY PURPOSE: CHARITABLE PURPOSES | $6,600 |
AMERICAN HEART ASSOC PA PURPOSE: CHARITABLE PURPOSES | $6,600 |
VNA HOME HEALTH PURPOSE: CHARITABLE PURPOSES | $6,600 |
ST JOHNS EPISCOPAL CHURCH PURPOSE: CHARITABLE PURPOSES | $6,600 |
FORSIGHT VISION PURPOSE: CHARITABLE PURPOSES | $6,600 |