St Patricks Permanent Lay Trust
- Assets
- $407.1k
- Revenue
- $16.1k
- Investments
- $397.2k
- Employees
- 0
- Location
- Damariscotta, ME
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 23-7346274
Organization Overview
St Patricks Permanent Lay Trust is located in Damariscotta, ME. The organization was established in 1964. 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. St Patricks Permanent Lay 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 12/2023, St Patricks Permanent Lay Trust generated $16.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,750 |
| Interest on Savings | $299 |
| Dividends & Interest | $10,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,207 |
| Capital Gain Net Income | $2,185 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,081 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,446 |
| Contributions, gifts, grants paid | $15,949 |
| Total expenses and disbursements | $20,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,896 |
| 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 | $0 |
| Total assets | $407,051 |
| 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, St Patricks Permanent Lay Trust has awarded $18,821 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST PATRICK'S CHURCH PURPOSE: BUILDING MAINTENANCE. | $10,799 |
ST PATRICK'S CHURCH PURPOSE: BUILDING MAINTENANCE | $8,022 |