Nettie B & Benjamin C Stearns Trust is located in Honolulu, HI. The organization was established in 1974. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nettie B & Benjamin C Stearns 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 04/2024, Nettie B & Benjamin C Stearns Trust generated $109.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $70.5k during the year ending 04/2024. While expenses have increased by 0.5% per year over the past 4 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,513 |
| Capital Gain Net Income | $82,513 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $590 |
| Total Revenue | $109,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,137 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $590 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $17,477 |
| Contributions, gifts, grants paid | $53,000 |
| Total expenses and disbursements | $70,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $962 |
| Savings and temporary cash investments | $10,913 |
| 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 | $871,108 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $882,983 |
| 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 |