Leo C Parent Scholarship Tr Ii
- Assets
- $1.7m
- Revenue
- $386.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 26-6312571
Organization Overview
Leo C Parent Scholarship Tr Ii is located in Grand Forks, ND. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leo C Parent Scholarship Tr Ii 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 12/2021, Leo C Parent Scholarship Tr Ii generated $386.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $79.3k during the year ending 12/2021. While expenses have increased by 1.6% 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.
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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,474 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $337,640 |
| Capital Gain Net Income | $337,640 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,026 |
| Total Revenue | $386,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,875 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $950 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,627 |
| Total operating and administrative expenses | $17,472 |
| Contributions, gifts, grants paid | $61,796 |
| Total expenses and disbursements | $79,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,315 |
| 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 | $1,678,507 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Valley Senior Living Grand Forks, ND | $804,854 | $3,496,436 |
C H Robinson Worldwide Foundation Sioux Falls, SD | $19,568,040 | $4,443,280 |
Ndscs Foundation Wahpeton, ND | $50,662,223 | $6,003,050 |
Tee It Up For The Troops Inc Burnsville, MN | $1,448,737 | $2,614,727 |
South Dakota Partners In Education Sioux Falls, SD | $284,473 | $2,000,094 |
Lake Area Technical College Foundation Watertown, SD | $28,796,845 | $15,847,172 |
Wasie Foundation Wayzata, MN | $17,983,117 | $1,294,062 |
Grizzly Athletic Association Missoula, MT | $3,440,288 | $1,567,594 |
Mitchell Technical Institute Foundation Mitchell, SD | $5,563,880 | $1,773,280 |
Ridgewater College Foundation Willmar, MN | $2,924,847 | $1,475,691 |