William P Moorhead Charitable Remainder Tr
- Assets
- $1.4m
- Revenue
- $102.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- Indiana, PA
- Founding
- 10/2005
- Data as of
- 12/2022
- EIN
- 25-6492314
Organization Overview
William P Moorhead Charitable Remainder Tr is located in Indiana, PA. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William P Moorhead Charitable Remainder Tr 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, William P Moorhead Charitable Remainder Tr generated $102.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $88.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William P Moorhead Charitable Remainder Tr has awarded 18 individual grants totaling $426,938. 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 | $28,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,550 |
| Capital Gain Net Income | $73,550 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $102,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,712 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $738 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,700 |
| Contributions, gifts, grants paid | $67,281 |
| Total expenses and disbursements | $87,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,793 |
| 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 | $169,762 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,431,297 |
| 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, William P Moorhead Charitable Remainder Tr has awarded $67,281 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WESTMINSTER COLLEGE PURPOSE: EDUCATIONAL | $26,078 |
MUSKINGUM COLLEGE PURPOSE: EDUCATIONAL | $22,427 |
GRAYSTONE UNITED PRESBYTERIAN CHURCH PURPOSE: OPERATIONS | $18,776 |